Press release
Flexible Plastic Packaging Market to Reach an Estimated Value of US$ 202 Bn by 2022
Persistence Market Research (PMR) has published a new report, which is titled, “Global Market Study on Flexible Plastic Packaging: Asia Pacific Excluding Japan to Lead the Global Market in Terms of Revenue During 2017-2022.” Flexible plastic packaging is one of the growing trends in the packaging industry.
Flexible plastic packaging makes use of various types of plastic material for packaging of different products. Depending on the application and type of product to be packaged the material to be used is chosen. The most commonly used material is plastic such as polyvinyl chloride, polyethylene, polystyrene, and polypropylene.
Request for Table of Contents @ https://www.persistencemarketresearch.com/market-research/flexible-plastic-packaging-market/toc
Flexible plastic packaging is highly in demand on account of the convenience it provides and prolonged shelf life it offers to the products. Flexible plastic packaging is considered to be effective for distributing and packaging food items, pharmaceuticals, beverages, and consumables. It is an economical way for preserving items.
This form of packaging is witnessing much demand on account of the efficient distribution and as it helps minimize losses. According to Persistence Market Research, the global flexible plastic packaging market is expected to witness a robust CAGR through 2017 to 2022. The market for flexible plastic packaging is estimated to reach a value of around US$202 bn by the end of 2022.
The report segments the global flexible plastic packaging market on the basis of pack type into the sachet and pouches, bags, tubes, films and wraps, and others. Of these, the sachet and pouches segment is witnessing highest potential of growth. This segment has been contributing the most to the flexible plastic packaging market ever since 2016. The sachet and pouches segment is anticipated to expand at the fastest pace, exhibiting a CAGR of 7.7% during the forecast period from 2017 to 2022, and is estimated to portray a high share in the market. This segment is also estimated to show a high BPS by 2022 end.
By material type, the global flexible plastic packaging market is segmented into polyethylene, polystyrene, polyvinyl chloride, polyamide, ethylene vinyl alcohol, and polypropylene. Of these, the BOPP material is witnessing highest demand. The segment is anticipated to be in high demand for packaging potato chips, packing snacks, reusable woven bags for shopping, and in labels and wrapping films. The BOPP material is expected to expand at the highest CAGR of 10% throughout the forecast period. It is leikly to gain a high BPS by 2022.
The polyethylene segment is anticipated to continue witness steady growth and maintain an attractive market share through 2017-2022. The segment is likely to enjoy a high market share and this is attributed to its use in various FMCG products such as foil pouches, beverages, and in metallized lids. It is also used for packaging of confectioneries, yoghurt, and carton windows. In 2017, the polyethylene segment accounted for a whopping 50% market share in the global flexible plastic packaging market.
Request to View Sample of Research Report @ https://www.persistencemarketresearch.com/samples/18763
The global flexible plastic packaging market is led by key players such as Berry Global Group, Inc., Bemis Company, Inc., Amcor Ltd., Sealed Air Corporation, Mondi Group plc, Huhtamaki Oyj, Sonoco Products Company, Constantia Flexibles Group GmbH, Bischof & Klein GmbH & Co. KG, and Ampac Holdings LLC.
About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
Telephone - +1-646-568-7751
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Flexible plastic packaging makes use of various types of plastic material for packaging of different products. Depending on the application and type of product to be packaged the material to be used is chosen. The most commonly used material is plastic such as polyvinyl chloride, polyethylene, polystyrene, and polypropylene.
Request for Table of Contents @ https://www.persistencemarketresearch.com/market-research/flexible-plastic-packaging-market/toc
Flexible plastic packaging is highly in demand on account of the convenience it provides and prolonged shelf life it offers to the products. Flexible plastic packaging is considered to be effective for distributing and packaging food items, pharmaceuticals, beverages, and consumables. It is an economical way for preserving items.
This form of packaging is witnessing much demand on account of the efficient distribution and as it helps minimize losses. According to Persistence Market Research, the global flexible plastic packaging market is expected to witness a robust CAGR through 2017 to 2022. The market for flexible plastic packaging is estimated to reach a value of around US$202 bn by the end of 2022.
The report segments the global flexible plastic packaging market on the basis of pack type into the sachet and pouches, bags, tubes, films and wraps, and others. Of these, the sachet and pouches segment is witnessing highest potential of growth. This segment has been contributing the most to the flexible plastic packaging market ever since 2016. The sachet and pouches segment is anticipated to expand at the fastest pace, exhibiting a CAGR of 7.7% during the forecast period from 2017 to 2022, and is estimated to portray a high share in the market. This segment is also estimated to show a high BPS by 2022 end.
By material type, the global flexible plastic packaging market is segmented into polyethylene, polystyrene, polyvinyl chloride, polyamide, ethylene vinyl alcohol, and polypropylene. Of these, the BOPP material is witnessing highest demand. The segment is anticipated to be in high demand for packaging potato chips, packing snacks, reusable woven bags for shopping, and in labels and wrapping films. The BOPP material is expected to expand at the highest CAGR of 10% throughout the forecast period. It is leikly to gain a high BPS by 2022.
The polyethylene segment is anticipated to continue witness steady growth and maintain an attractive market share through 2017-2022. The segment is likely to enjoy a high market share and this is attributed to its use in various FMCG products such as foil pouches, beverages, and in metallized lids. It is also used for packaging of confectioneries, yoghurt, and carton windows. In 2017, the polyethylene segment accounted for a whopping 50% market share in the global flexible plastic packaging market.
Request to View Sample of Research Report @ https://www.persistencemarketresearch.com/samples/18763
The global flexible plastic packaging market is led by key players such as Berry Global Group, Inc., Bemis Company, Inc., Amcor Ltd., Sealed Air Corporation, Mondi Group plc, Huhtamaki Oyj, Sonoco Products Company, Constantia Flexibles Group GmbH, Bischof & Klein GmbH & Co. KG, and Ampac Holdings LLC.
About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
Telephone - +1-646-568-7751
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage
to this press release on woodPRI. woodPRI disclaims liability for any content contained in
this release.
Recommend
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market.
Extensive research is required for choosing the appropriate cor...
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020:
Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview:
E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...
