Flexible Plastic Snack Food Packaging Market Research Report Forecast to 2026

List of Tables

Flexible Plastic Snack Food Packaging Market Forecast till 2026

Market Overview

The use of snack food packaging helps to preserve the freshness and quality of snack foods by providing a barrier against oxygen, moisture, and light. This packaging is essential in protecting snacks such as potato chips, crackers, wafers, and others from damage and deterioration. There are two main types of snack food packaging: flexible and rigid. Flexible packaging, in the form of bags or pouches sealed through heat or pressure, is made of materials like plastic, film, foil, or paper and is lighter than rigid packaging. Different materials like plastic, paper, metal, and others are used for various applications, such as bakery snacks, candy and confections, savory snacks, nuts and dried fruits, and more.

Plastics are widely used in food packaging due to their ability to protect food, ensure food safety, and extend its freshness. Companies rely on innovative packaging and advertising to attract customers, who often choose products that are portable, compact, convenient, and eco-friendly. The packaging material plays a crucial role in determining the product's appearance, making it more appealing and boosting its demand, which in turn affects the market value of the product.

Segment Overview

The global market for flexible plastic snack food packaging is divided into different product types, including Stand-Up Pouches, Lay Flat Pouches, Films and Wraps, Rollstocks, Gussetted Bags, and Others. Stand-Up Pouches, which can be displayed, stored, and used by standing upright on their bottom, held the largest market share in 2019 and are expected to maintain their dominance in the forecast period. Lay Flat Pouches, which provide straightforward, effective, and cost-efficient packaging options for the food packaging industry, were the second-largest market and are expected to have the highest growth rate during the forecast period.

Regional Analysis

The global flexible plastic snack food packaging market is spread across several regions, including North America, Europe, Asia-Pacific, Middle East & Africa, and South America. North America has seen significant investments in R&D and product innovation for flexible plastic snack food packaging, making it the second-largest market in the world. Europe, particularly Germany, is home to several premium brands, which boosts the market for flexible plastic snack food packaging. In the Asia-Pacific region, rising consumption of snack foods, particularly in China, India, and Japan, drives the market. The Middle East and Africa region has seen a steady rise in disposable income, leading to increased purchases of on-the-go snack food products, driving the demand for flexible plastic packaging solutions. South America is a developing region, where a growing disposable income among individuals is indirectly driving the demand for flexible plastic packaging solutions.

Major Players

The key players in the market are Amcor PLC (Australia), Sealed Air Corporation (USA), Sonoco Products Company (USA), Coveris (Austria), Clondalkin Group (Netherlands), Huhtamaki (Finland), ProAmpac (USA), Bryce Corporationis (USA), Swiss Pack (UK), and Uflex Limited (India).

COVID 19 Impacts

The COVID-19 pandemic has led to a significant decrease in demand for flexible plastic snack food packaging from industrial sectors. The packaging industry has experienced a mixed impact due to changes in both on-premise and off-premise businesses. Although flexible plastic snack food packaging plays a crucial role in preserving, protecting, and maintaining the quality of food products, the pandemic has caused a sharp drop in the production and purchase of this type of packaging.

Product Code: MRFR/PNT/9402-CR

TABLE OF CONTENTS

1 EXECUTIVE SUMMARY

1.1 MARKET ATTRACTIVENESS ANALYSIS
- 1.1.1 GLOBAL FLEXIBLE PLASTIC SNACK FOOD PACKAGING MARKET, BY PRODUCT TYPE
- 1.1.2 GLOBAL FLEXIBLE PLASTIC SNACK FOOD PACKAGING MARKET, BY MATERIAL
- 1.1.3 GLOBAL FLEXIBLE PLASTIC SNACK FOOD PACKAGING MARKET, BY APPLICATION
- 1.1.4 GLOBAL FLEXIBLE PLASTIC SNACK FOOD PACKAGING MARKET, BY REGION

2 MARKET INTRODUCTION

2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 RESEARCH OBJECTIVE
2.4 MARKET STRUCTURE
2.5 KEY BUYING CRITERIA

3 RESEARCH METHODOLOGY

3.1 RESEARCH PROCESS
3.2 PRIMARY RESEARCH
3.3 SECONDARY RESEARCH
3.4 MARKET SIZE ESTIMATION
3.5 FORECAST MODEL
3.6 LIST OF ASSUMPTIONS

4 MARKET INSIGHTS

5 MARKET DYNAMICS

5.1 INTRODUCTION
5.2 DRIVERS
- 5.2.1 CHANGING CONSUMER TASTE AND PREFERENCES
- 5.2.2 NEED FOR EXTENDING THE SHELF-LIFE OF FOOD PRODUCTS
- 5.2.3 DRIVERS IMPACT ANALYSIS
5.3 RESTRAINT
- 5.3.1 STRINGENT REGULATIONS ON PACKAGING MATERIAL WASTE AND RECYCLING
- 5.3.2 RESTRAINT IMPACT ANALYSIS
5.4 OPPORTUNITIES
- 5.4.1 GROWING RETAIL SECTOR
- 5.4.2 UNTAPPED SMALL AND MEDIUM-SIZED MANUFACTURERS
5.5 IMPACT ANALYSIS OF COVID-19
- 5.5.1 ECONOMIC IMPACT
  - 5.5.1.1 IMPACT ON PACKAGING INDUSTRY
- 5.5.2 IMPACT ON PRODUCTION
- 5.5.3 IMPACT ON THE FLEXIBLE PLASTIC SNACK FOOD PACKAGING INDUSTRY
  - 5.5.3.1 IMPACT ON SUPPLY CHAIN
  - 5.5.3.2 IMPACT ON RAW MATERIALS
  - 5.5.3.3 CASH FLOW CONSTRAINTS
- 5.5.4 IMPACT ON WORLD TRADE

6 MARKET FACTOR ANALYSIS

6.1 SUPPLY CHAIN ANALYSIS
- 6.1.1 DESIGN & DEVELOPMENT
- 6.1.2 RAW MATERIAL SUPPLY
- 6.1.3 MANUFACTURE
- 6.1.4 END USE
6.2 PORTER'S FIVE FORCES MODEL
- 6.2.1 THREAT OF NEW ENTRANTS
- 6.2.2 BARGAINING POWER OF SUPPLIERS
- 6.2.3 THREAT OF SUBSTITUTES
- 6.2.4 BARGAINING POWER OF BUYERS
- 6.2.5 INTENSITY OF RIVALRY

7 GLOBAL FLEXIBLE PLASTIC SNACK FOOD PACKAGING MARKET, BY PRODUCT TYPE

7.1 OVERVIEW
7.2 STAND-UP POUCHES
7.3 LAY FLAT POUCHES
7.4 FILMS AND WRAPS
7.5 ROLLSTOCKS
7.6 GUSSETED BAGS
7.7 OTHERS

8 GLOBAL FLEXIBLE PLASTIC SNACK FOOD PACKAGING MARKET, BY MATERIAL

8.1 OVERVIEW
8.2 BOPP
8.3 POLYPROPYLENE
8.4 POLYETHYLENE
8.5 LINEAR LOW-DENSITY POLYETHYLENE
8.6 POLYESTER
8.7 OTHERS

9 GLOBAL FLEXIBLE PLASTIC SNACK FOOD PACKAGING MARKET, BY APPLICATION

9.1 OVERVIEW
9.2 BAKERY SNACKS
9.3 CANDY & CONFECTIONS
9.4 SAVORY SNACKS
9.5 NUTS & DRIED FRUITS
9.6 OTHERS

10 GLOBAL FLEXIBLE PLASTIC SNACK FOOD PACKAGING MARKET, BY REGION

10.1 OVERVIEW
10.2 NORTH AMERICA
- 10.2.1 US
- 10.2.2 CANADA
- 10.2.3 MEXICO
10.3 EUROPE
- 10.3.1 GERMANY
- 10.3.2 SPAIN
- 10.3.3 UNITED KINGDOM
- 10.3.4 FRANCE
- 10.3.5 REST OF EUROPE
10.4 ASIA-PACIFIC
- 10.4.1 CHINA
- 10.4.2 INDIA
- 10.4.3 JAPAN
- 10.4.4 SOUTH EAST ASIA
- 10.4.5 REST OF ASIA-PACIFIC
10.5 MIDDLE EAST & AFRICA
- 10.5.1 SAUDI ARABIA
- 10.5.2 UAE
- 10.5.3 SOUTH AFRICA
- 10.5.4 REST OF THE MIDDLE EAST & AFRICA
10.6 SOUTH AMERICA
- 10.6.1 BRAZIL
- 10.6.2 ARGENTINA
- 10.6.3 REST OF SOUTH AMERICA

11 COMPETITIVE LANDSCAPE

11.1 INTRODUCTION
11.2 COMPETITIVE OVERVIEW
11.3 MARKET SHARE ANALYSIS
11.4 COMPETITIVE BENCHMARKING
11.5 AMCOR PLC: LEADING PLAYER IN TERMS OF NUMBER OF DEVELOPMENTS IN GLOBAL FLEXIBLE PLASTIC SNACK FOOD PACKAGING MARKET
11.6 KEY DEVELOPMENTS & GROWTH STRATEGIES
- 11.6.1 PRODUCT LAUNCHES/DEVELOPMENTS
- 11.6.2 EXPANSIONS/PARTNERSHIPS
- 11.6.3 MERGERS & ACQUISITIONS/INVESTMENTS

12 COMPANY PROFILES

12.1 SONOCO PRODUCTS COMPANY
- 12.1.1 COMPANY OVERVIEW
- 12.1.2 FINANCIAL OVERVIEW
- 12.1.3 PRODUCTS OFFERED
- 12.1.4 KEY DEVELOPMENTS
- 12.1.5 SWOT ANALYSIS
- 12.1.6 KEY STRATEGIES
12.2 AMCOR PLC
- 12.2.1 COMPANY OVERVIEW
- 12.2.2 FINANCIAL OVERVIEW
- 12.2.3 PRODUCTS OFFERED
- 12.2.4 KEY DEVELOPMENTS
- 12.2.5 SWOT ANALYSIS
- 12.2.6 KEY STRATEGIES
12.3 SEALED AIR CORPORATION
- 12.3.1 COMPANY OVERVIEW
- 12.3.2 FINANCIAL OVERVIEW
- 12.3.3 PRODUCTS OFFERED
- 12.3.4 KEY DEVELOPMENTS
- 12.3.5 SWOT ANALYSIS
- 12.3.6 KEY STRATEGIES
12.4 BRYCE CORPORATION
- 12.4.1 COMPANY OVERVIEW
- 12.4.2 FINANCIAL OVERVIEW
- 12.4.3 PRODUCTS OFFERED
- 12.4.4 KEY DEVELOPMENTS
12.5 SWISS PACK
- 12.5.1 COMPANY OVERVIEW
- 12.5.2 FINANCIAL OVERVIEW
- 12.5.3 PRODUCTS OFFERED
- 12.5.4 KEY DEVELOPMENTS
12.6 COVERIS
- 12.6.1 COMPANY OVERVIEW
- 12.6.2 FINANCIAL OVERVIEW
- 12.6.3 PRODUCTS OFFERED
- 12.6.4 KEY DEVELOPMENTS
12.7 HUHTAMAKI
- 12.7.1 COMPANY OVERVIEW
- 12.7.2 FINANCIAL OVERVIEW
- 12.7.3 PRODUCTS OFFERED
- 12.7.4 KEY DEVELOPMENTS
- 12.7.5 SWOT ANALYSIS
- 12.7.6 KEY STRATEGIES
12.8 PROAMPAC
- 12.8.1 COMPANY OVERVIEW
- 12.8.2 FINANCIAL OVERVIEW
- 12.8.3 PRODUCTS OFFERED
- 12.8.4 KEY DEVELOPMENTS
12.9 CLONDALKIN GROUP
- 12.9.1 COMPANY OVERVIEW
- 12.9.2 FINANCIAL OVERVIEW
- 12.9.3 PRODUCTS OFFERED
- 12.9.4 KEY DEVELOPMENTS
12.10 UFLEX LIMITED
- 12.10.1 COMPANY OVERVIEW
- 12.10.2 FINANCIAL OVERVIEW
- 12.10.3 PRODUCTS OFFERED
- 12.10.4 KEY DEVELOPMENTS