Global Flexible Packaging Market
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
GLOBAL <strong>Flexible</strong> <strong>Packaging</strong> <strong>Market</strong><br />
Rotogravure, Digital Printing, and Other Printing Technologies. On the basis of Application, it<br />
is segmented into Promote, Food and Beverages, Healthcare, Cosmetics & Toiletries, and<br />
Other Applications. A rise in the demand for packaged and processed food as a result of<br />
changing lifestyle and eating habits has positively influenced flexible packaging market share<br />
from food and beverages application. The segment accounts for the major share of the<br />
market in terms of revenue. Increasing spending on bakery and cereal goods along with<br />
rising consumer consciousness pertaining to food safety and hygiene will drive the industry<br />
growth in this segment. Digital printing technology is widely used in this industry to serve<br />
the purpose of labeling on the flexible packaging. Enhanced safety, less maintenance,<br />
efficient energy consumption and minimizing waste are some of the beneficial factors<br />
enhancing digital printing. Rising consumer demand for processed and packed food items<br />
and shifting preference for aesthetically appealing products will fuel the flexible packaging<br />
market demand. Increasing extended shelf life requirement along with preservation from<br />
contamination open new avenues for industry growth in food and beverages and healthcare<br />
sector. Healthcare segment is projected to register highest growth rate in this market<br />
segment due to the rising disposable income accompanied by regulatory support.<br />
On the basis of geography, the market is analyzed under various regions namely North<br />
America, Europe, Asia Pacific, Latin America and Middle East and Africa. Asia Pacific<br />
accounted for the largest share of the market. Economic development in India and China,<br />
along with food & beverages, and pharmaceuticals industry expansion are lucrative factors<br />
driving growth. Latin America is expected to witness lucrative growth in the coming years.<br />
Brazil and Argentina will be key contributing countries in this region, increase in consumer<br />
affordability along with e-commerce industry expansion will support the business growth.<br />
Europe flexible packaging market is mainly driven by Russia and Germany will witness a<br />
significant growth in the coming years. Growing demand for cosmetics and processed food<br />
among consumers due to the rising purchasing power will drive regional growth. Expansion<br />
in confectionery, dairy and medical industry, technological advancement in barrier materials<br />
coupled with rising retail business, stand up pouches usage will trigger the industry growth.<br />
The market is dominated by companies like Amcor Limited, Bemis Company Inc., Constantia<br />
<strong>Flexible</strong>s Group GmbH, Sealed Air Corporation, Huhtamäki Oyj, Coveris Holdings S.A.,<br />
Sonoco Products Company, Berry Plastics Group Inc., Mondi Group, and Reynolds Group<br />
Holdings.<br />
TABLE OF CONTENT<br />
1. Introduction<br />
1.1 <strong>Market</strong> Definition<br />
1.2 Study Deliverables<br />
1.3 Base Currency, Base Year and Forecast Periods<br />
1.4 General Study Assumptions<br />
2. Research Methodology<br />
+1 888-702-9626 | www.marketdataforecast.com | contact@marketdataforecast.com
Change language