In 2021, the global market for flexible packaging was US$21.60 billion. 221.60 billion. Flexible packaging is manufactured by reforming easily formed materials that are able to be formed into different shapes. It is generally made from a combination of various materials such as high-quality paper film, aluminum foil, etc. These materials can be shaped into pouches, bags, liners, wraps, etc. Flexible packaging is commonly used in many sectors like food processing, consumer goods, and pharmaceuticals.
Market Trends
Flexible packaging is being utilized in the food industry due to the growing demand for processed food items. It is also increasing due to consumer awareness about the numerous benefits that flexible packaging can bring, such as food safety, effectiveness permeability long shelf life convenience, and many more. Numerous technological advances have led to the creation of new and novel product varieties. Flexible packaging is seeing significant growth in the pharmaceutical and nutraceutical industries. The global market for flexible packaging is expected to continue growing because of the growing popularity of recyclable and sustainable packaging options.
Segmentation:
The breakup of Product Type by Product
- Rollstock Then, it's printed
- Bags and Pouches that are performed Bags and Pouches
- Other
Broken down by raw material
- Plastic
- Paper
- Aluminum Foil
- Cellulose
Breakup caused by Printing Technology
- Flexography
- Rotogravure
- Digital
- Other
Application for Breakup
- Food and beverages
- Pharmaceuticals
- Cosmetics
- Others
Geography is the primary factor that determines how the breakup occurs.
- North America (U.S. Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
- Asia Pacific (China. India. Japan. South Korea. Indonesia. Australia. and Others)
- Latin America (Brazil, Mexico)
- Middle East Africa
This Market Report includes a list of key companies
- Amcor (NYSE: AMCR).
- Bemis Company
- Berry Global
- Mondi (LON: MNDI)
- Sealed Air (NYSE: SEE)
- Aluflexpack Novi
- Bak Ambalaj Sanayi
- Constantia Flexibles
- Clondalkin Group
- Danaflex
- DS Smith (LON: SMDS).
- Glenroy
- Huhtamaki (HEL: HUH1V)
- Printpack and ProAmpac.