Global Converted Flexible Packaging Market Information Report, By Material (Plastic, Paper, and Aluminum Foil), By Product (Pouches, Bags and Others), By Application (Food & Beverages, Pharmaceuticals, Consumer Goods and Others), and By Region - Global Forecast To 2023
Changing preferences, improved standard of living is expected to boost the demand for converted flexible packaging. Features such as longer shelf life and protection from other contaminants as well as performance and source reduction advantage over rigid packaging are some of the factors which will drive the demand for such packaging market.
Moreover, growth will be driven by the ongoing investment in specialty film and advanced materials for higher-value offerings pushing the market towards growth. New trends show that pouches to be the fastest growing product segment for converted flexible packaging market.
Product differentiation and the presence of convenience will boost the market demand.
Market Research Analysis:
Asia pacific region referred as fastest growing region for global converted flexible packaging market. Shifting preference towards packaged food items will drive the growth of the market.
product differentiation and easy handling nature of the product will spur the market growth. Furthermore, new packaging, user-friendly and aesthetically appealing feature product will help boost the growth of the market.
There are also lot of opportunities for innovation and development of new products and shift towards multilateral and multilayer packaging solutions which are expected to drive the growth of the market.
Key Players of Converted Flexible Packaging Market:
- Ampac Packaging LLC (U.S.)
- Honeywell International Incorporated (U.S.)
- Oracle Packaging (U.S.)
- Graphic Packaging Holding Company (U.S.)
- Bemis Company, Inc (U.S.)
- Sonoco Products Company (U.S.)
- Constantia Flexibles International GmbH
- Bischof + Klein SE & Co. KG(Germany)
Scope of the Report:
This study provides an overview of the global converted flexible packaging industry, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific, and Rest of the World.
The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global converted flexible packaging market as material, and application.
On the basis of material it is segmented as paper, plastic, metal, glass. On the basis of application it is segmented as Food & Beverages, Pharmaceutical, chemical, agricultural and other.
1 Executive Summary
2 Research Methodology
2.1 Scope of the Study
2.1.2 Research Objective
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market size Estimation
2.4 Forecast Model
3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis
4 Global Converted Flexible Packaging Market, By Material
4.2 Plastic film
4.4 Aluminum Foil
5 Global Converted Flexible Packaging market, By Application
5.2 Food & Beverages
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