Flexible Packaging Increasingly Used
This presentation is the property of its rightful owner.
Sponsored Links
1 / 5

Flexible Packaging Increasingly Used in Primary Packaging, Spurring Demand ... PowerPoint PPT Presentation


The global market for flexible packaging is expected to be valued at US$238.5 bn by the end of 2016 and US$358.7 bn by the end of 2024. This will be achieved through a projected CAGR of 5.2% from 2016 to 2024 in revenue.In terms of materials, a majority of the global flexible packaging market uses polymers. By the end of 2024, the usage of polymers in flexible packaging is expected to be valued at US$223.5 bn, much more than the other segments such as cellulosic and aluminum.Stand-up pouches are expected to remain the leading product type manufactured in flexible packaging. By the end of 2024, stand-up pouch products are expected to generate a revenue of US$85.9 bn. Its leading demand is attributed to the ease of storage of stand-up pouches, superior extension of shelf life for fluid contents, and above average abilities of taking on flexographic print.Europe Demand for Flexible Packaging to Stagnate in Growth but Continue to DominateThe demand for flexible packaging in Europe is expected to grow at a nearly stagnated rate. However, the volume of demand is already high enough to achieve the leading position among key regions till 2024. By the end of 2024, the revenue generated by Europe flexible packaging manufacturers is expected to reach US$117.7 bn.The demand for flexible packaging in North America is similarly saturated. The Asia Pacific region is expected to provide a shot in the arm for globally prominent flexible packaging manufacturers by displaying an above average rate of increase in demand.

Download Presentation

Flexible Packaging Increasingly Used in Primary Packaging, S...

An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -

Presentation Transcript


Flexible packaging increasingly used in primary packaging spurring demand for it in consumer goods industry

Flexible Packaging Increasingly Used

in Primary Packaging, Spurring

Demand for it in Consumer Goods

Industry, reports TMR

Transparency Market Research has published a new report on

the global flexible packaging market.As per the report, the

global market for flexible packaging is expected to expand at a

CAGR of 5.2% in terms of revenue, from 2016 to 2024.

The report, titled ‘Flexible Packaging Market - Global Industry

Analysis, Size, Share, Growth, Trends and Forecast 2016 -

2024,’ states that The global market for flexible packaging is

expected to be valued at US$238.5 bn by the end of 2016 and

US$358.7 bn by the end of 2024.

Get Sample Report Copy :

http://www.transparencymarketresearch.com/sample/sample

.php?flag=B&rep_id=9839

The global market for flexible packaging however, is still a

fragmented one with a high scope of entry by new players,

according to Transparency Market Research in its recently

published report.

Stand-up pouches are expected to remain the leading product

type manufactured in flexible packaging. By the end of 2024,

stand-up pouch products are expected to generate a revenue of


Flexible packaging increasingly used in primary packaging spurring demand for it in consumer goods industry

US$85.9 bn. Its leading demand is attributed to the ease of

storage of stand-up pouches, superior extension of shelf life for

fluid contents, and above average abilities of taking on

flexographic print.

Europe Demand for Flexible Packaging to Stagnate in

Growth but Continue to Dominate

The demand for flexible packaging in Europe is expected to

grow at a nearly stagnated rate. However, the volume of demand

is already high enough to achieve the leading position among

key regions till 2024. By the end of 2024, the revenue generated

by Europe flexible packaging manufacturers is expected to reach

US$117.7 bn.

The demand for flexible packaging in North America is

similarly saturated. The Asia Pacific region is expected to

provide a shot in the arm for globally prominent flexible

packaging manufacturers by displaying an above average rate of

increase in demand.

Scope of Using Flexible Packaging in Primary Packaging

Drastically Improved

“Over the past few years, a large number of new products that

were launched came in flexible packaging. In developed

economies, more than 70% of the commercially available fresh

fruits and vegetables are now stored in flexible packaging.


Flexible packaging increasingly used in primary packaging spurring demand for it in consumer goods industry

Developments in the materials used in flexible packaging have

allowed for a far greater scope of use for them in different parts

of the consumer goods sector and especially in the food and

beverages industry,” states a TMR analyst.

Flexible packaging provides superior characteristics to a wide

range of products. This packaging is lighter, difficult to tamper

with without visible damage, provides a sound barrier against

external germs by completely sealing the contents within, and

can significantly extend the life span of perishable products.

Browse Full Press Release on Flexible Packaging Market:

http://www.transparencymarketresearch.com/pressrelease/gl

obal-flexible-packaging-market.htm

Limitations in Recycling Hinder Growth of Flexible

Packaging

Recycling of plastics and polymer products is an absolute

necessity in today’s world. The consumer goods industry is

targeted for a large quantity of plastics that are expected to be

recycled after use. This is relatively easier for most plastic

products, but in the case of flexible packaging, the presence of

multiple layers of different types of materials can significantly

complicate their recycling process. This includes plastic-metal

packaging which is commonly used in post-consumer pouches.


Flexible packaging increasingly used in primary packaging spurring demand for it in consumer goods industry

“They key to future opportunities in flexible packaging lie in the

use of specialty films and bio-based raw materials. The former

can be substantially more protective of the package contents,

while the latter can allow flexible packaging manufacturers to

forgo procuring raw materials from petrochemicals, which is a

volatile matter,” adds the analyst.

The global market for flexible packaging has experienced a

decent amount of mergers and acquisitions recently, adding to

the market’s level of consolidation. A large number of these

activities were conducted within Europe and North America.

Key players such as Amcor Limited, The Dow Chemical

Company, and Clondalkin Flexible Packaging Wentus, are

spearheading the development and innovation of flexible

packaging, significantly increase their scope of use.

About Us

Transparency Market Research (TMR) is a global market

intelligence company providing business information reports

and services. The company’s exclusive blend of quantitative

forecasting and trend analysis provides forward-looking insight

for thousands of decision makers. TMR’s experienced team of

analysts, researchers, and consultants use proprietary data

sources and various tools and techniques to gather and analyze

information.


Flexible packaging increasingly used in primary packaging spurring demand for it in consumer goods industry

TMR’s data repository is continuously updated and revised by a

team of research experts so that it always reflects the latest

trends and information. With extensive research and analysis

capabilities, Transparency Market Research employs rigorous

primary and secondary research techniques to develop

distinctive data sets and research material for business reports.

Contact Us

Transparency Market Research

State Tower,

90 State Street, Suite 700,

Albany NY - 12207

United States

USA - Canada Toll Free: 866-552-3453

Email: [email protected]

Website: http://www.transparencymarketresearch.com


  • Login