Over the past few year, factors such as The emergence of bio-based and biodegradable films have contributed to the development of the Global Flexible Packaging market.
Undoubtedly, Increasing demand for packed food across the world.
is the most promising market promoter, bringing direct and indirect economic benefits to the market sizing. The Global Flexible Packaging market is expected to make a significant contribution, with an estimated market to reach USD297.0 Billion by 2030 growing at a CAGR of 9.3%.
AMA research has engaged in the competitive assessment of China & Global Flexible Packaging Vendors for 5 years. The Top 10 Competitive Vendors in the Flexible Packaging in 2023 clearly displays the competitive situations of main Flexible Packaging Vendorsin 2023. The research shows that companies in top 10 list are divided up by dominating countries, namely, United States occupying half of the list showcasing strong market competitive advantage.
The Industry Vertical, such as Food & Beverages, is boosting the Flexible Packaging market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Material Type, such as Polymer, is boosting the Flexible Packaging market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Printing Technology, such as Flexographic Printing, is boosting the Flexible Packaging market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
With the multiple advantages of technology, cost and service, many major Vendors such as Ampac Holdings, LLC (United States), Amcor Limited (Australia), Sealed Air Corporation (United States), Huhtamaki Group (United Kingdom), Clondalkin Group Holdings B.V. (Netherlands), Bemis Company, Inc. (United States), Constantia Flexibles Group GmbH (Germany), Mondi Group (Austria), Coveris Holdings S.A. (Austria) and Sonoco Products Company (United States) developed rapidly. They kept leading domestic market and on the other way actively developing international market and seizing market share, becoming the backbone of Global Flexible Packaging industry.This framework should serve as a basic structure to support the strategic decision-making process for industry players. For instance, the question of whether a Vendors wants to expand into other areas of the market value chain fundamentally determines its strategy.
The necessity for labeling of the products to list the nutrient information, due to the laws implemented by FDA, has further laid emphasis on flexible packaging and functional coatings in the packaging systems. Health-focused and organic food consumers are other unnoticed heavy users of flexible packaging, particularly in the segments of fresh fruits, health bars, salads, and other health-related products.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Flexible Packaging market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2020 currency rates.
Data Triangulation The overall Flexible Packaging market size is calculated using market estimation process, the Flexible Packaging market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Flexible Packaging market size has been validated using both top-down and bottom-up approaches.