Posted By TMR Research Insights
Posted on August 13, 2021
Transparency Market Research delivers key insights on the flexible packaging market in its published report, which includes global industry analysis, size, share, growth, trends, and forecast for 2019–2027. In terms of revenue, the global flexible packaging market is projected to expand at a CAGR of ~5% during the forecast period, due to several factors, about which, TMR offers detailed insights and forecast in this report.
Flexible Packaging Market – An Overview
Flexible packaging is a format that is made up of various materials such as plastic, paper, metal, etc., and has the barrier property to protect products from contamination and the external environment. Flexible packaging is widely preferred due to its properties such as cost-effectiveness, durability, and light weight. There is the use of a wide variety of plastic polymers that include polypropylene, polyethylene, polyester, and nylon in producing films for flexible packaging. These plastic films are used to create products such pouches, bags, and other flexible products.
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Asia Pacific (APAC) Region to Witness Growth Opportunities
The flexible packaging market in Asia Pacific is estimated to hold a dominant position in terms of market share, estimated to be ~41% in 2019 and ~45% by the end of the forecast period in the global flexible packaging market. China and India, together, are projected to account for ~57% of the APAC flexible packaging market in 2019. In the APAC region, India & China are the highly emerging markets for the extended growth of the flexible packaging market. The need for convenience packaging is the ongoing trend in the flexible packaging market in the Asia Pacific region. The packaging type that can increase the barrier property against the external environment, along with providing sustainability, raises the sales of flexible packaging in the market.
North America holds approximately one-fourth of the global flexible packaging market share. However, it is expected to experience less growth as compared to the market in the APAC region over the forecast period.
Global Flexible Packaging Market: Competition Landscape
In the global market report on flexible packaging, a detailed competition landscape is discussed. Some of the key players in the global flexible packaging market that are included in the report are Amcor plc, Winpak Ltd., Sealed Air Corp, Sonoco Products Company, Berry Global Group, Inc., DS Smith Plc, and Coveris Holdings S.A.. These are the market leaders with a combined market share of ~5% of the global flexible packaging market.
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More Trending Reports by Transparency Market Research –
Bottled Water Packaging Market – https://www.prnewswire.com/news-releases/sales-in-bottled-water-packaging-market-witness-lift-with-sizeable-demand-for-mineral-rich-bottled-water-growth-projected-at-healthy-4-1-cagr-through-2029–study-by-tmr-301334571.html
About Us
Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals. Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information, we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.
TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.
Contact
Transparency Market Research
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Email: [email protected]
Blog: https://tmrblog.com/
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Press Release Source: https://www.transparencymarketresearch.com/pressrelease/global-flexible-packaging-market.htm
Transparency Market Research delivers key insights on the flexible packaging market in its published report, which includes global industry analysis, size, share, growth, trends, and forecast for 2019–2027. In terms of revenue, the global flexible packaging market is projected to expand at a CAGR of ~5% during the forecast period, due to several factors, about which, TMR offers detailed insights and forecast in this report.
Flexible Packaging Market – An Overview
Flexible packaging is a format that is made up of various materials such as plastic, paper, metal, etc., and has the barrier property to protect products from contamination and the external environment. Flexible packaging is widely preferred due to its properties such as cost-effectiveness, durability, and light weight. There is the use of a wide variety of plastic polymers that include polypropylene, polyethylene, polyester, and nylon in producing films for flexible packaging. These plastic films are used to create products such pouches, bags, and other flexible products.
PDF Brochure For Future Advancements @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=9839
Asia Pacific (APAC) Region to Witness Growth Opportunities
The flexible packaging market in Asia Pacific is estimated to hold a dominant position in terms of market share, estimated to be ~41% in 2019 and ~45% by the end of the forecast period in the global flexible packaging market. China and India, together, are projected to account for ~57% of the APAC flexible packaging market in 2019. In the APAC region, India & China are the highly emerging markets for the extended growth of the flexible packaging market. The need for convenience packaging is the ongoing trend in the flexible packaging market in the Asia Pacific region. The packaging type that can increase the barrier property against the external environment, along with providing sustainability, raises the sales of flexible packaging in the market.
North America holds approximately one-fourth of the global flexible packaging market share. However, it is expected to experience less growth as compared to the market in the APAC region over the forecast period.
Global Flexible Packaging Market: Competition Landscape
In the global market report on flexible packaging, a detailed competition landscape is discussed. Some of the key players in the global flexible packaging market that are included in the report are Amcor plc, Winpak Ltd., Sealed Air Corp, Sonoco Products Company, Berry Global Group, Inc., DS Smith Plc, and Coveris Holdings S.A.. These are the market leaders with a combined market share of ~5% of the global flexible packaging market.
Buy our Premium Research Report @ https://www.transparencymarketresearch.com/checkout.php?rep_id=9839<ype=S
More Trending Reports by Transparency Market Research –
Bottled Water Packaging Market – https://www.prnewswire.com/news-releases/sales-in-bottled-water-packaging-market-witness-lift-with-sizeable-demand-for-mineral-rich-bottled-water-growth-projected-at-healthy-4-1-cagr-through-2029–study-by-tmr-301334571.html
About Us
Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals. Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information, we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.
TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.
Contact
Transparency Market Research
USA – Canada Toll Free: 866-552-3453
Email: [email protected]
Blog: https://tmrblog.com/
Follow Us: Twitter | LinkedIn
Press Release Source: https://www.transparencymarketresearch.com/pressrelease/global-flexible-packaging-market.htm
