PUBLISHER: TechNavio | PRODUCT CODE: 1502522
PUBLISHER: TechNavio | PRODUCT CODE: 1502522
Technavio has been monitoring the flexible packaging market and is forecast to grow by USD 45.1 bn during 2023-2028, accelerating at a CAGR of 3.93% during the forecast period. Our report on the flexible packaging market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising focus on improving shelf life of products, shift from rigid packaging to flexible packaging, and growing popularity of flexible bioplastic packaging.
Technavio's flexible packaging market is segmented as below:
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 3.63% |
CAGR | 3.93% |
Incremental Value | $45.1bn |
By Product
By Type
By Geographical Landscape
This study identifies the growing developments in the flexible packaging industry as one of the prime reasons driving the flexible packaging market growth during the next few years. Also, emergence of recyclable flexible packaging and increase in mergers and acquisition (m and a) will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the flexible packaging market covers the following areas:
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading flexible packaging market vendors that include Aluflexpack AG, Amcor Plc, Berry Global Inc., Bischof Klein SE and Co. KG, CCL Industries Inc., Clondalkin Group Holdings BV, Constantia Flexibles Group GmbH, Coveris Management GmbH, DS Smith Plc, DuPont de Nemours Inc., Glenroy Inc., Huhtamaki Oyj, Mondi Plc, Parkside Flexibles Ltd., Printpack Inc., ProAmpac Holdings Inc., Reynolds Packaging, Sealed Air Corp., Sonoco Products Co., and UFlex Ltd.. Also, the flexible packaging market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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