Packaging Industry Today
Flexible Packaging Market to hit $250bn by 2024
Asia Pacific flexible packaging industry dominated by China and India, contributed noticeably toward the overall share with USD 35 billion in 2015, and is projected to grow at a CAGR of 6% over 2016-2024.
Published 12 October 2017
Flexible Packaging Market will grow lucratively over the coming seven years owing to the surging demand from various end-use sectors such as food and beverage, healthcare, personal care, and industrial. Shifting trends toward convenient packing are influencing the manufacturers to adopt the flexible packaging techniques, driven by its lightweight characteristic. As per a report by Global Market Insights, Inc., “Flexible Packaging Market worth over USD 150 billion in 2015, is anticipated to grow at a CAGR of more than 5% over the period 2016–2024.” Favorable characteristics like user-friendliness, easy storage, lesser consumption of raw materials, and excellent moisture resistance properties will further trigger the industry demand.
Pillow pouch packaging market is also linearly growing with the rising consumption of the product from diary and processed food &beverage industry. It is projected to register an annual growth rate of more than 4% over 2016-2024.
Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/1145
Stand-up pouch is majorly preferred products because owing to its versatility in various end-user industry. Stand-up pouches market size is estimated to be valued over USD 75 billion by 2024. High barrier against moisture & oxygen, low material consumption and low costs are the factors positively influencing the product demand. Pillow pouches will witness over 4% CAGR up to 2024. Rising demand from dairy products owing to better sealing, ease in transportation and cost effective properties has favored industry growth in this segment.
Polymer flexible packaging market was among the major revenue contributor in material segment, accounted for over 70% of the total industry volume in 2015. High durability, adaptability to modification and cost effectiveness properties supported the demand in this segment. Paper packaging market size was valued at over USD 15 billion in 2015. Increasing utilization in pharmaceutical and medical industry to reduce contamination and infection will enhance product penetration.
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/1145
Europe, led by Russia and Germany will observe gains over 3.5% up to 2024. Processed food and retail industry expansion are key stimulating factors fueling regional industry growth. China flexible packaging market was valued at over USD 8 billion in 2015, with revenue growth over 6% up to 2024. Food & beverage and pharmaceuticals were key revenue generating applications.
U.S. flexible packaging market from food & beverages was worth above USD 15 billion in 2015. Increase in disposable income, confectionary & dairy product portfolio expansion along with technological advancement in barrier materials are the key factors influencing the industry growth.
Latin America, driven by Brazil and Argentina will witness CAGR over 4% by 2024. Increase in urban population, expanding e-commerce industry has fostered regional demand. Global flexible packaging market share is fragmented with the presence of numerous regional companies. Amcor Limited, Sonoco Products Company, Constantia Flexibles Group, Huhtamaki Group and Bemis Company are the key industry participants.
Browse key industry insights spread across 200 pages with 247 market data tables & 10 figures & charts from the report, “Flexible Packaging Market Size By Material (Polymer [PE, PP, PET], Paper, Aluminum, Cellulosic), By Product (Pillow Pouches, Stand-up Pouches, Four Side Seal Pouches), By Application (Food & Beverage, Personal Care, Healthcare, Industrial), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Spain, Russia, Poland, Netherlands, China, India, South Korea, Japan, Indonesia, Malaysia, Australia, Thailand, Brazil, Mexico, Argentina, Saudi Arabia, UAE, South Africa), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/flexible-packaging-market
Browse Related Reports:
Liquid Pouch Packaging Market Forecast, 2017 – 2024
Liquid Pouch Packaging Market size was worth over USD 5.5 billion in 2016 and is foreseen to surpass 7,000 kilo tons by 2024. Changing lifestyle along with increase in travelling frequencies resulted in increasing need for convenient packaging solution. Flexibility, easy to carry and lightweight properties have enhanced the convenience for the liquid pouch packaging. Necessity for attractive packages with extended shelf life has enhanced the product scope.
https://www.gminsights.com/industry-analysis/liquid-pouch-packaging-market
Flexographic Printing Inks Market Forecast, 2016 – 2024
Flexographic Printing Inks Market size will cross USD 11 billion by the end of 2024 growing at a CAGR more than 5% between 2016 and 2024. Positive growth indicator in the overall packaging industry in the recent years is analyzed to be the major factor driving the flexographic printing inks market size. More precisely, escalating flexible packaging business on account of its widespread application spectrum across consumer goods will positively influence the industry size over the projected period.
https://www.gminsights.com/industry-analysis/flexographic-printing-inks-market
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
Blog: https://www.gminsights.com/blogs
Connect with us: Facebook | Google+ | LinkedIn | Twitter
Pillow pouch packaging market is also linearly growing with the rising consumption of the product from diary and processed food &beverage industry. It is projected to register an annual growth rate of more than 4% over 2016-2024.
Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/1145
Stand-up pouch is majorly preferred products because owing to its versatility in various end-user industry. Stand-up pouches market size is estimated to be valued over USD 75 billion by 2024. High barrier against moisture & oxygen, low material consumption and low costs are the factors positively influencing the product demand. Pillow pouches will witness over 4% CAGR up to 2024. Rising demand from dairy products owing to better sealing, ease in transportation and cost effective properties has favored industry growth in this segment.
Polymer flexible packaging market was among the major revenue contributor in material segment, accounted for over 70% of the total industry volume in 2015. High durability, adaptability to modification and cost effectiveness properties supported the demand in this segment. Paper packaging market size was valued at over USD 15 billion in 2015. Increasing utilization in pharmaceutical and medical industry to reduce contamination and infection will enhance product penetration.
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/1145
Europe, led by Russia and Germany will observe gains over 3.5% up to 2024. Processed food and retail industry expansion are key stimulating factors fueling regional industry growth. China flexible packaging market was valued at over USD 8 billion in 2015, with revenue growth over 6% up to 2024. Food & beverage and pharmaceuticals were key revenue generating applications.
U.S. flexible packaging market from food & beverages was worth above USD 15 billion in 2015. Increase in disposable income, confectionary & dairy product portfolio expansion along with technological advancement in barrier materials are the key factors influencing the industry growth.
Latin America, driven by Brazil and Argentina will witness CAGR over 4% by 2024. Increase in urban population, expanding e-commerce industry has fostered regional demand. Global flexible packaging market share is fragmented with the presence of numerous regional companies. Amcor Limited, Sonoco Products Company, Constantia Flexibles Group, Huhtamaki Group and Bemis Company are the key industry participants.
Browse key industry insights spread across 200 pages with 247 market data tables & 10 figures & charts from the report, “Flexible Packaging Market Size By Material (Polymer [PE, PP, PET], Paper, Aluminum, Cellulosic), By Product (Pillow Pouches, Stand-up Pouches, Four Side Seal Pouches), By Application (Food & Beverage, Personal Care, Healthcare, Industrial), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Spain, Russia, Poland, Netherlands, China, India, South Korea, Japan, Indonesia, Malaysia, Australia, Thailand, Brazil, Mexico, Argentina, Saudi Arabia, UAE, South Africa), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/flexible-packaging-market
Browse Related Reports:
Liquid Pouch Packaging Market Forecast, 2017 – 2024
Liquid Pouch Packaging Market size was worth over USD 5.5 billion in 2016 and is foreseen to surpass 7,000 kilo tons by 2024. Changing lifestyle along with increase in travelling frequencies resulted in increasing need for convenient packaging solution. Flexibility, easy to carry and lightweight properties have enhanced the convenience for the liquid pouch packaging. Necessity for attractive packages with extended shelf life has enhanced the product scope.
https://www.gminsights.com/industry-analysis/liquid-pouch-packaging-market
Flexographic Printing Inks Market Forecast, 2016 – 2024
Flexographic Printing Inks Market size will cross USD 11 billion by the end of 2024 growing at a CAGR more than 5% between 2016 and 2024. Positive growth indicator in the overall packaging industry in the recent years is analyzed to be the major factor driving the flexographic printing inks market size. More precisely, escalating flexible packaging business on account of its widespread application spectrum across consumer goods will positively influence the industry size over the projected period.
https://www.gminsights.com/industry-analysis/flexographic-printing-inks-market
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
Blog: https://www.gminsights.com/blogs
Connect with us: Facebook | Google+ | LinkedIn | Twitter
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