Global Flexible Plastic Packaging Market 2017-2018 & 2024 - Technologies, Market Share and Industry Forecasts - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Dec 17, 2018--The “Global Flexible Plastic Packaging Market-Technologies, Market share and Industry Forecast to 2024” report has been added to ResearchAndMarkets.com’s offering.
The global flexible plastic packaging market is expected to rise at a CAGR of 5.4% during forecast period 2017-2024.
The key factors significantly contributing to the market growth are cost-effectiveness & increased shelf-life of the product, downsizing of packaging, rising demand from end users and improvements in global consumer goods manufacturing activities. However, stringent environmental regulations are expected to restrain the market growth.
Geographically, Asia Pacific is the largest market region for global flexible plastic packaging market in terms of market revenue share. Key factors driving the market growth in Asia Pacific is the increasing demand for flexible plastic packaging in leading nations, such as India and China coupled with the growing beverage and food industries in these countries.
Moreover, the increasing disposable income due to the transition to urbanization has led to surging demand for sustainable packaging.
However, North America is expected to emerge as the fastest growing market region during the forecast period owing to the presence of key market players such as Printpack Inc., Sealed Air Corporation, Sonoco Products, etc.
Global flexible plastic packaging market is influenced by the presence of leading companies including Amcor limited, Bemis company Inc., Graham packaging, Printpack Inc., Sealed Air Corporation, etc.
Market DriversCost-Effectiveness & Increased Shelf-Life Of The Product Downsizing Of Packaging Rising Demand From End Users Improvements In Global Manufacturing Activities
Market RestraintsStringent Environmental Regulations
Market OpportunitiesSubstitution Of Traditional Packaging Growth In Demand For Sustainable Packaging Solutions Modern Technologies
Market ChallengesIssues Related To Recyclability
Key Topics Covered:
2. Market Overview
3. Market Determinants
4. Market Segmentation
5. Competitive Landscape
6. Geographic Analysis
7. Company ProfilesAmcor Limited (Australia) Bemis Company, Inc. (U.S.) Berry Plastics Group, Inc. (U.S.) Clondalkin Group Holdings Bv (Netherlands) Constantia Flexibles Group Gmbh (Austria) Coveris Holdings S.A. (Luxembourg) Daibochi Plastic (Malaysia) Graham Packaging (U.S.) Huhtamäki Oyj (Finland) Linpac Group (UK) Mondi Group (Austria) Printpack Inc. (U.S.) Reynolds Group Holdings Limited (New Zealand) Sealed Air Corporation (U.S.) Sonoco Products Company (U.S.)
For more information about this report visit https://www.researchandmarkets.com/research/n3dskq/global_flexible?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20181217005646/en/
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Related Topics:Plastic Packaging
INDUSTRY KEYWORD: MANUFACTURING CHEMICALS/PLASTICS PACKAGING
SOURCE: Research and Markets
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PUB: 12/17/2018 12:37 PM/DISC: 12/17/2018 12:37 PM