Flexible Plastic Packaging Market 2023 | Pointing To Capture Largest Growth In 2029 By Leading Companies Amcor, Bemis, Sealed Air, Sonoco X Herald


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The Research report on“ Flexible Plastic Packaging Market Report 2023 – Future Opportunities, Latest Trends, In-depth Analysis, and Forecast to 2029 ” offers strategic visions into the Flexible Plastic Packaging market along with the market size ( Volume – Million Units and Revenue – US$ Billion) and estimates for the duration 2023 to 2029. The said research study covers in-depth analysis of multiple market segments based on type, application, and studies different topographies . The report is also inclusive of competitive profiling of the leading product vendors, and their latest developments.

The market for flexible plastic packaging, which was valued at USD 182.4 billion in 2023, is anticipated to expand to USD 264.9 billion by 2029, with a compound annual growth rate of 4.9% . Flexible plastic packaging is a cutting-edge kind of packaging that makes use of malleable materials and provides a flexible and affordable choice for a variety of items. Its effectiveness and price have expanded its favour in the packaging sector. This technology is adaptable and may be used to create a variety of goods utilising materials like metal and plastic, including pouches, bags, sachets, roll stocks, and wraps.

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Key Players Mentioned in the Flexible Plastic Packaging Market Research Report:

Amcor, Bemis, Sealed Air, Sonoco, Berry Plastics, Constantia Flexibles, Linpac, Huhtamaki, Wipak Group, ProAmpac, Ukrplastic, Novel, Zijiang, Southern Packaging Group a nd other.

Amcor launches first designed to be recycled packaging for powdered chocolate in Latin America

Amcor has taken another step towards its goal to provide more sustainable packaging solutions by producing the first designed to be recycled plastic packaging for powdered chocolate in Latin America. Compared to the previous packaging, this new solution reduces the package's carbon footprint by 53% and water consumption by 84% when it is recycled. The new sachet has a high-barrier feature to protect against humidity and will be available to consumers in its 25g sachet format in Colombia this month.

  • In January 2023, Amcor Limited acquired MDK, a Chinese company that provides packaging for medical devices. This acquisition will strengthen Amcor's leadership in the Asia Pacific medical packaging segment, especially serving China, India, and Southeast Asia markets.
  • In September 2022, Berry Global Group , Inc. announced a collaboration with Mars Inc. to launch its popular pantry-sized treats in polyethylene terephthalate (PET) jars that have been optimized by including 15% recycled plastic content, i.e., post-consumer resin (PCR).
  • In September 2022, Amcor Limited announced a strategic investment in ePac Flexible Packaging, a leader in high-quality flexible packaging materials. This investment is expected to increase the shareholding of Amcor Limited in ePac Holdings LLC.

The scope of the project, production, manufacturing value, loss/profit and supply/demand are all depicted in great detail. The market research then forecasts Flexible Plastic Packaging market Distribution Units business growth patterns. It also contains information on strategic partnerships. A feasibility analysis, a SWOT analysis, and a return on investment analysis are all included in this study.

Flexible Plastic Packaging Market Segmentation:

This research report categorizes the Flexible Plastic Packaging market into the following segments and subsegments:

Market by Type:

PP

PE

PET

Others

Market by Application:

Food Industrial

Pharmaceutical

Personal and Homecare

Others

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Region enclosed are: North America, Europe, Asia Pacific, Oceania, South America, geographical region & continent

Country Level Break-Up : u. s., Canada, Mexico, Brazil, Argentina, Colombia, Chile, Nigeria, Tunisia, Morocco, Germany, uk (UK), Holland, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, China, Japan, Taiwan, South Korea, Singapore, India and Australia etc.

Asia Pacific is projected to account for the highest CAGR in the flexible plastic packaging market during the forecast period

the flexible plastic packaging market in the Asia Pacific region has exhibited the fastest growth. The region includes countries such as India, China, Japan, Australia, South Korea, and the Rest of Asia Pacific. The flexible plastic packaging market in countries like India, China, and Japan is expected to experience significant growth due to increasing developmental activities and rapid economic expansion. Moreover, the region's growing population presents a vast customer base for fast-moving consumer goods (FMCG) products and food & beverages, which is expected to drive growth in the flexible plastic packaging market.

Influence of the Flexible Plastic Packaging market report:

-Comprehensive assessment of all opportunities and risk in the Flexible Plastic Packaging market.

– Flexible Plastic Packaging market recent innovations and major events.

-Detailed study of business approaches for the growth of the market-leading players.

-Conclusive study about the expansion plot of the market for forthcoming years.

-In-depth understanding of market-specific drivers, constraints and major mini-markets.

– Favorable impression inside vital technological and market latest trends striking the Flexible Plastic Packaging market.

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Strategic Points lined in Table of Content of Flexible Plastic Packaging Market:

Chapter 1: Introduction, market actuation product Objective of Study and analysis Scope market (2023-2029).

Chapter 2: Exclusive outline – the fundamental info of the world Flexible Plastic Packaging Market.

Chapter 3: ever-changing Impact on Market Dynamics- Drivers, Trends and Challenges & Opportunities of the market; Post COVID Analysis.

Chapter 4: Presenting the world Market correlational analysis, Post COVID Impact Analysis, Porters 5 Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.

Chapter 5: Displaying the by kind, user and Region/Country 2018-2023.

Chapter 6: Evaluating the leading makers of the world Market that consists of its Competitive Landscape, generation Analysis, Company Profile.

Chapter 7: to guage the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these numerous regions (2023-2029).

... To be continued

Key Questions Answered in the Report:

(1) What are the growth opportunities for the new entrants in the Flexible Plastic Packaging industry?

(2) Who are the leading players functioning in the Flexible Plastic Packaging marketplace?

(3) What are the key strategies participants are likely to adopt to increase their share in the industry?

(4) What is the competitive situation in the market?

(5) What are the emerging trends that may influence the market growth?

(6) Which product type segment will exhibit high CAGR in future?

(7) Which region is lucrative for the manufacturers?

25% free Customization of the Report:

– Country level market for Flexible Plastic Packaging market (up to 5)
– Profiling and additional market players (up to 5)
– Free up to 40 hours of customization.

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