Flexible Plastic Packaging Market estimated to reach beyond 131.65 Billion USD by 2022

Posted December 20, 2019 by armaan007

Flexible Plastic Packaging Market expected to reach 131.65 Billion USD by 2022, at a CAGR of 5.2%, over 2017–2022

The report [215 pages] "Flexible Plastic Packaging Market by Type (Stand-Up Pouches, Flat Pouches, Gusseted Bags, Wicketed Bags, Wraps, Rollstock), Material (Plastic Films, Paper, Aluminum Foil, Bioplastics), Printing Technology, Application, and Region - Global Forecast to 2022", published by MarketsandMarkets™, the market is projected to grow from USD 102.19 Billion in 2017 to reach USD 131.65 Billion by 2022, at a CAGR of 5.2%.

Download PDF brochure of the report:  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1271 

"Stand-up pouches segment, by type, to gain maximum share during the forecast period"

The stand-up pouches segment is estimated to account for the largest share in 2022, mainly because of the growing consumption of food & beverage, dairy, and cosmetics products. Stand-up pouches are appealing as well as functional as they offer various features such as zipper re-seal, slider closure, and release valves. The growing healthcare industry also provides an opportunity to the market to grow further due to the rising consumption of over-the-counter products for which stand-up pouches are used, especially in the emerging markets of Asia-Pacific and South America.

"Plastic films segment of material is projected to grow at the highest rate during the forecast period"

Raw materials such as plastic films, aluminum foil, paper, and bioplastic are used for flexible packaging. Plastic films are further categorized into polyethylene, polypropylene, PVC, BOPET, EVOH, polyamide, and polystyrene. They offer excellent visibility to the product and provide secure and attractive packaging options. It is primarily used in the packaging of food & beverage products as it protects them from oxidation and also provides extended shelf life to the product.


"Asia-Pacific projected to be the largest share in the Flexible Plastic Packaging Market in 2022"

On the basis of key regions, the Flexible Plastic Packaging Market is segmented into North America, Europe, Asia-Pacific, South America, and Middle East & Africa. The Asia-Pacific region accounted for the largest share among all the regions in 2016 and is projected to grow at the highest rate from 2017 to 2022, in terms of value. This is mainly due to the increasing demand for flexible packaging in China and India, coupled with the growing food & beverage industry in these countries. Owing to the increasing disposable incomes, the urbanized population is shifting towards healthy and safe packaged foods. Therefore, rising income and consumption level would also lead to the growth of the flexible packaging market in this region.

The major players include Amcor Limited (Australia), Bemis Company, Inc. (U.S.), Constantia Flexibles Group GmbH (Austria), Sealed Air Corporation (U.S.), Huhtamäki Oyj (Finland), Coveris Holdings S.A. (U.S.), Sonoco Products Company (U.S.), Berry Plastics Group, Inc. (U.S.), Mondi Group (Austria), Reynolds Group Holdings (New Zealand), and Reynolds Group Holdings (Netherlands).

Early buyers will receive 10% free customization on this report.

Don't miss out on business opportunities in Flexible Plastic Packaging Market.

Read our blog for more details: https://chemabd007.blogspot.com/2019/05/flexible-plastic-packaging-market-with.html

About MarketsandMarkets

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications.

Mr. Shelly Singh
MarketsandMarkets™ INC. 
630 Dundee Road 
Suite 430 
Northbrook, IL 60062 
USA: 1-888-600-6441 
[email protected]
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Markets And Markets
Country India
Categories Food , Industry
Tags flexible plastic packaging , Flexible Plastic Packaging Market , Flexible Plastic Packaging Industry , Flexible plastic packaging applications , Flexible plastic packaging manufacturers , Flexible plastic market , Flexible Packaging , Flexible Packaging Market
Last Updated December 20, 2019