The Global Flexible Plastic Packaging Market Report by The Business Research Company covers flexible plastic packaging market’s drivers and restraints, flexible plastic packaging market size, major players, and the impact of COVID-19 on the flexible plastic packaging market.

The flexible plastic packaging market consists of sales of flexible packaging by entities (organizations, sole traders, and partnerships) that manufacture flexible plastic packaging. Flexible packaging is economical and convenient way to package, preserve, and distribute food items, pharmaceuticals, cosmetic & personal care items, consumer storage and other consumables. Flexible plastic packaging involves various types of plastic material used for packaging different products such as snacks, beverages, vegetables, and others. Plastic materials used in flexible plastic packaging include polyethylene, polypropylene, polystyrene, and polyvinyl chloride among others.

The increasing consumption of processed and packaged food is drove the growth of the flexible plastic packaging market in the historic period.

The global flexible plastic packaging market is expected to grow from $143.79 billion in 2020 to $151.92 billion in 2021 at a compound annual growth rate (CAGR) of 5.7%. The growth is due to the increasing e-commerce industry in emerging economies and the increasing demand from food and beverage industry. The flexible plastic packaging market is expected to reach $182.04 billion in 2025 at a CAGR of 4.6%.

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Some flexible plastic packaging market trends include the launch of innovative packaging to attract more customers and expand the customer base of the company. The companies operating in the flexible packaging market are focusing on manufacturing innovative and sustainable packaging solutions for end-users. For example, in February 2021, FreeForm Packaging AB, a Sweden-based packaging company launched one-sided stretchable paper laminate which is based on 85% paper. Stretchable paper laminate has two layers of fiber form, a thin layer of polyethylene is present on one of the layers which protects packaging and content.

Global flexible plastic packaging market segments include:

By Type: Stand-Up Pouches, Flat Pouches, Rollstock, Gusseted Bags, Wicketed Bags, Wraps, Others

By Technology: Flexography, Rotogravure, Digital Printing, Others

By Application: Food, Beverage, Pharms & Health Care, Personal Care & Cosmetics, Others

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific accounts for the largest global flexible plastic packaging market share.

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The Flexible Plastic Packaging Global Market Report 2021: COVID-19 Growth And Change is one of a series of new reports from The Business Research Company that provides flexible plastic packaging market overviews, analyzes and forecasts market size, share, flexible plastic packaging market players, flexible plastic packaging market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.

The flexible plastic packaging identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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Read Flexible Plastic Packaging Global Market Report 2021: COVID-19 Growth And Change from The Business Research Company for information on the following:

Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries

Market Players Covered: Constantia Flexibles, Amcor Limited, Berry Global Inc, Clondalkin Group Holdings BV, ProAmpac, Coveris, Bemis Company Inc, Bischof + Klein Se & Co Kg, Aluflexpack Ag, Cosmo Films Limited, C-P Flexible Packaging, Novolex – Carlyle Group, Swiss Pac, and Ultimate Packaging.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.

Sourcing and Referencing: Data and analysis throughout the report are sourced using end notes.

Strategies For Participants In The Flexible Plastic Packaging Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.

Opportunities For Companies In The Flexible Plastic Packaging Sector: The report reveals where the global industry will put on most $ sales up to 2023.

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