The global flexible packaging market was worth US$ 102.5 Billion in 2017. Packaging is often termed as an economical means of providing protection, convenience, containment and compliance to a product during its storage, transportation, display, and usage. Flexible packaging refers to a package made of flexible and easily yielding materials that can be easily molded into different shapes. Flexible packaging is one of the rapidly growing segments of the packaging industry, combining the highest qualities of film, paper, and aluminum foil to provide a wide range of protective characteristics. These flexible packages can acquire the shape of a pouch, liner, bag or overwrap and it can resonate with any type of packaging. Various applications of flexible packaging in the food industry include packaging of ready-to-eat food items, boil-in-bag pouches, and foods that are often transferred from freezer-to-microwave. Packaging used for freezer-to-microwave type food is resistant to high temperature extremes and is a good moisture-resistant sealant as well. The non-food product applications of flexible packaging include insulation, cosmetics, and healthcare. The market is growing rapidly with flexible packaging ensuring food safety, enhanced value of food products, extended shelf-life, heating and moisture barrier, effective permeability, and ease of use. Consumers are also preferring this packaging type because of its commitment to convenience, aesthetic appeal and durability.
Catalyzed by advancements in packaging technology, the global demand of flexible packaging material is exhibiting strong growth. Moreover, the popularity of flexible packaging among consumers has also increased as it is a cost-effective alternative for storage issues, minimizes product wastage along with keeping the food safe and healthy. The pharmaceuticals and nutraceuticals industry have also been driving the demand of flexible packaging as it provides such industries with a sustainable and recyclable alternative that are based on polymers. Other factors that are currently driving the market include customizing ability, safety assurance, reusability, transparency, reliability, etc. Looking forward, the market value is projected to exceed US$ 132.7 Billion by 2023, exhibiting a CAGR of more than 4.4% during 2018-2023.
Market Summary:
- Based on product type, the market has been segmented into printed rollstock, preformed bags and pouches and others. Printed rollstock currently represents the biggest segment.
- Based on the raw material, the market has been segmented into plastic, paper, aluminium foil and cellulose. Plastic currently represents the biggest segment.
- Based on the printing technology, the market has been segmented into flexography, rotogravure, digital and others.
- Based on the application, food & beverages represents the largest segment, accounting for the majority of the global share. Other major application includes pharmaceuticals, cosmetics and others.
- Region-wise, the market has been segmented into Asia Pacific, Europe, North America, Middle East and Africa, and Latin America. Amongst these, Asia Pacific is the biggest market, accounting for the majority of the global share.
- The competitive landscape of the market has also been examined with some of the key players being Amcor, Bemis Company, Berry Global, Mondi, Sealed Air, Aluflexpack novi, Bak Ambalaj Sanayi, Constantia Flexibles, Clondalkin Group, Danaflex, DS Smith, Glenroy, Huhtamäki, Printpack and ProAmpac.
This report provides a deep insight into the global flexible packaging market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the flexible packaging market in any manner.
Key Questions Answered in This Report:
- How has the flexible packaging market performed so far and how will it perform in the coming years?
- What are the key regional markets in the global flexible packaging industry?
- What is the breakup of the global flexible packaging market on the basis of product types?
- What is the breakup of the global flexible packaging market on the basis of raw materials?
- What is the breakup of the global flexible packaging market on the basis of printing technology?
- What is the breakup of the global flexible packaging market on the basis of application?
- What are the various stages in the value chain of the global flexible packaging market?
- What are the key driving factors and challenges in the global flexible packaging market?
- What is the structure of the global flexible packaging market and who are the key players?
- What is the degree of competition in the global flexible packaging market?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Flexible Packaging Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Breakup by Product Type
5.4 Market Breakup by Raw Material
5.5 Market Breakup by Printing Technology
5.6 Market Breakup by Application
5.7 Market Breakup by Region
5.8 Market Forecast
5.9 SWOT Analysis
5.9.1 Overview
5.9.2 Strengths
5.9.3 Weaknesses
5.9.4 Opportunities
5.9.5 Threats
5.10 Value Chain Analysis
5.10.1 Overview
5.10.2 Raw Material Procurement
5.10.3 Extrusion
5.10.4 Cast/Blown
5.10.5 Film/Laminate
5.10.6 Bag/Pouch
5.10.7 End-Use
5.11 Porters Five Forces Analysis
5.11.1 Overview
5.11.2 Bargaining Power of Buyers
5.11.3 Bargaining Power of Suppliers
5.11.4 Degree of Competition
5.11.5 Threat of New Entrants
5.11.6 Threat of Substitutes
5.12 Price Analysis
5.12.1 Price Indicators
5.12.2 Price Structure
5.12.3 Margin Analysis
6 Market Breakup by Product Type
6.1 Printed Rollstock
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Preformed Bags and Pouches
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Others
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Raw Material
7.1 Plastic
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Paper
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Aluminium Foil
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Cellulose
7.4.1 Market Trends
7.4.2 Market Forecast
8 Market Breakup by Printing Technology
8.1 Flexography
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Rotogravure
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Digital
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Others
8.4.1 Market Trends
8.4.2 Market Forecast
9 Market Breakup by Application
9.1 Food and Beverages
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Pharmaceutical
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Cosmetics
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Others
9.4.1 Market Trends
9.4.2 Market Forecast
10 Market Breakup by Region
10.1 Asia Pacific
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Europe
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 North America
10.3.1 Market Trends
10.3.2 Market Forecast
10.4 Middle East and Africa
10.4.1 Market Trends
10.4.2 Market Forecast
10.5 Latin America
10.5.1 Market Trends
10.5.2 Market Forecast
11 Flexible Packaging Manufacturing Process
11.1 Product Overview
11.2 Raw Material Requirements
11.3 Manufacturing Process
11.4 Key Success and Risk Factors
12 Competitive Landscape
12.1 Market Structure
12.2 Key Players
12.3 Profiles of Key Players
12.3.1 Amcor
12.3.2 Bemis Company
12.3.3 Berry Global
12.3.4 Mondi
12.3.5 Sealed Air
12.3.6 Aluflexpack novi
12.3.7 Bak Ambalaj Sanayi
12.3.8 Constantia Flexibles
12.3.9 Clondalkin Group
12.3.10 Danaflex
12.3.11 DS Smith
12.3.12 Glenroy
12.3.13 Huhtamäki
12.3.14 Printpack
12.3.15 ProAmpac
List of Figures
Figure 1: Global: Flexible Packaging Market: Major Drivers and Challenges
Figure 2: Global: Flexible Packaging Market: Sales Value (in Billion US$), 2010-2017
Figure 3: Global: Flexible Packaging Market: Breakup by Product Type (in %), 2017
Figure 4: Global: Flexible Packaging Market: Breakup by Raw Material (in %), 2017
Figure 5: Global: Flexible Packaging Market: Breakup by Printing Technology (in %), 2017
Figure 6: Global: Flexible Packaging Market: Breakup by Application (in %), 2017
Figure 7: Global: Flexible Packaging Market: Breakup by Region (in %), 2017
Figure 8: Global: Flexible Packaging Market Forecast: Sales Value (in Billion US$), 2018-2023
Figure 9: Global: Flexible Packaging Industry: SWOT Analysis
Figure 10: Global: Flexible Packaging Industry: Value Chain Analysis
Figure 11: Global: Flexible Packaging Industry: Porter’s Five Forces Analysis
Figure 12: Global: Flexible Packaging (Printed Rollstock) Market: Sales Value (in Million US$), 2010 & 2017
Figure 13: Global: Flexible Packaging (Printed Rollstock) Market Forecast: Sales Value (in Million US$), 2018-2023
Figure 14: Global: Flexible Packaging (Preformed Bags and Pouches) Market: Sales Value (in Million US$), 2010 & 2017
Figure 15: Global: Flexible Packaging (Preformed Bags and Pouches) Market Forecast: Sales Value (in Million US$), 2018-2023
Figure 16: Global: Flexible Packaging (Other Product Types) Market: Sales Value (in Million US$), 2010 & 2017
Figure 17: Global: Flexible Packaging (Other Product Types) Market Forecast: Sales Value (in Million US$), 2018-2023
Figure 18: Global: Flexible Packaging (Plastic) Market: Sales Value (in Million US$), 2010 & 2017
Figure 19: Global: Flexible Packaging (Plastic) Market Forecast: Sales Value (in Million US$), 2018-2023
Figure 20: Global: Flexible Packaging (Paper) Market: Sales Value (in Million US$), 2010 & 2017
Figure 21: Global: Flexible Packaging (Paper) Market Forecast: Sales Value (in Million US$), 2018-2023
Figure 22: Global: Flexible Packaging (Aluminium Foil) Market: Sales Value (in Million US$), 2010 & 2017
Figure 23: Global: Flexible Packaging (Aluminium Foil) Market Forecast: Sales Value (in Million US$), 2018-2023
Figure 24: Global: Flexible Packaging (Cellulose) Market: Sales Value (in Million US$), 2010 & 2017
Figure 25: Global: Flexible Packaging (Cellulose) Market Forecast: Sales Value (in Million US$), 2018-2023
Figure 26: Global: Flexible Packaging (Flexography) Market: Sales Value (in Million US$), 2010 & 2017
Figure 27: Global: Flexible Packaging (Flexography) Market Forecast: Sales Value (in Million US$), 2018-2023
Figure 28: Global: Flexible Packaging (Rotogravure) Market: Sales Value (in Million US$), 2010 & 2017
Figure 29: Global: Flexible Packaging (Rotogravure) Market Forecast: Sales Value (in Million US$), 2018-2023
Figure 30: Global: Flexible Packaging (Digital) Market: Sales Value (in Million US$), 2010 & 2017
Figure 31: Global: Flexible Packaging (Digital) Market Forecast: Sales Value (in Million US$), 2018-2023
Figure 32: Global: Flexible Packaging (Others) Market: Sales Value (in Million US$), 2010 & 2017
Figure 33: Global: Flexible Packaging (Others) Market Forecast: Sales Value (in Million US$), 2018-2023
Figure 34: Global: Flexible Packaging (Food and Beverages) Market: Sales Value (in Million US$), 2010 & 2017
Figure 35: Global: Flexible Packaging (Food and Beverages) Market Forecast: Sales Value (in Million US$), 2018-2023
Figure 36: Global: Flexible Packaging (Pharmaceutical) Market: Sales Value (in Million US$), 2010 & 2017
Figure 37: Global: Flexible Packaging (Pharmaceutical) Market Forecast: Sales Value (in Million US$), 2018-2023
Figure 38: Global: Flexible Packaging (Cosmetics) Market: Sales Value (in Million US$), 2010 & 2017
Figure 39: Global: Flexible Packaging (Cosmetics) Market Forecast: Sales Value (in Million US$), 2018-2023
Figure 40: Global: Flexible Packaging (Other Applications) Market: Sales Value (in Million US$), 2010 & 2017
Figure 41: Global: Flexible Packaging (Other Application) Market Forecast: Sales Value (in Million US$), 2018-2023
Figure 42: Asia Pacific: Flexible Packaging Market: Sales Value (in Million US$), 2010 & 2017
Figure 43: Asia Pacific: Flexible Packaging Market Forecast: Sales Value (in Million US$), 2018-2023
Figure 44: Europe: Flexible Packaging Market: Sales Value (in Million US$), 2010 & 2017
Figure 45: Europe: Flexible Packaging Market Forecast: Sales Value (in Million US$), 2018-2023
Figure 46: North America: Flexible Packaging Market: Sales Value (in Million US$), 2010 & 2017
Figure 47: North America: Flexible Packaging Market Forecast: Sales Value (in Million US$), 2018-2023
Figure 48: Middle East and Africa: Flexible Packaging Market: Sales Value (in Million US$), 2010 & 2017
Figure 49: Middle East and Africa: Flexible Packaging Market Forecast: Sales Value (in Million US$), 2018-2023
Figure 50: Latin America: Flexible Packaging Market: Sales Value (in Million US$), 2010 & 2017
Figure 51: Latin America: Flexible Packaging Market Forecast: Sales Value (in Million US$), 2018-2023
Figure 52: Flexible Packaging Manufacturing: Process Flow
List of Tables
Table 1: Global: Flexible Packaging Market: Key Industry Highlights, 2017 and 2023
Table 2: Global: Flexible Packaging Market Forecast: Breakup by Product Type (in Million US$), 2018-2023
Table 3: Global: Flexible Packaging Market Forecast: Breakup by Raw Material (in Million US$), 2018-2023
Table 4: Global: Flexible Packaging Market Forecast: Breakup by Printing Technology (in Million US$), 2018-2023
Table 5: Global: Flexible Packaging Market Forecast: Breakup by Application (in Million US$), 2018-2023
Table 6: Global: Flexible Packaging Market Forecast: Breakup by Region (in Million US$), 2018-2023
Table 7: Flexible Packaging: Raw Material Requirements
Table 8: Global: Flexible Packaging Market Structure
Table 9: Global: Flexible Packaging Market: Key Players