Welcome!

News Feed Item

Flexible Packaging Market by End-Use & Material - Profiles of Leading Companies in the Industry Provided Alongside Global Trends & Forecasts to 2018

DUBLIN, IRELAND -- (Marketwired) -- 03/06/14 -- Research and Markets (http://www.researchandmarkets.com/research/x2l9nq/flexible) has announced the addition of the "Flexible Packaging Market by End-Use (Food, Beverage, Personal Care & Pharmaceutical), Material (Polypropylene, BOPP, CPP, Polyethylene, EVOH, PA, BOPET, PVC, Aluminum, Paper, Cellulosic) - Global Trends & Forecast to 2018" report to their offering.

The flexible packaging market is considered to be one of the most dynamic packaging markets exhibiting diversified types of packaging and materials used across the regions. This report estimates the market size of the global flexible packaging market in terms of revenue and volume.

Food, beverage, personal care products, and pharmaceutical industries are the most important constituents of consumer packaged goods. Food packaging dominates the market share in terms of value as well as volume. In terms of geography, the report is segmented into Asia-Pacific, Europe, North America, and Rest of the World (ROW). The flexible packaging market is broadly divided on the basis of raw materials used such as polypropylene, polyethylene, EVOH, PA, BOPET, PVC, cellulosic, aluminum, and paper. With a huge market potential and growing consumer preference, the market is likely to witness substantial growth in the coming years.

In the current packaging environment, flexible packaging is an important packaging solution for a saturated industry. Flexible packaging plays a vital role in protecting and extending the shelf life of end-products. A variety of resins may be used for conversion and developing the required packaging solutions. Depending on the characteristics of the end-product and value to be offered by packaging, the selection of resins and packaging type is decided. The right packaging type is essential to preserve the end-products such as food, beverage, personal care products, and pharmaceuticals and prevent untoward chemical reactions endangering the consumer's health. Hence, an efficient and suitable packaging solution is imperative for every product.

The flexible packaging market consists of various stake holders such as packaging manufacturers, traders, distributors, and raw material suppliers of food, beverage, personal care products, pharmaceuticals, and end-users. The companies enjoying substantial market share are Amcor Ltd. (Australia), Sealed Air Corporation (U.S.), Bemis Company Inc. (U.S.), Mondi (South Africa), Huhtamaki Oyj (Finland), and Sonoco Products (U.S.). Key industry players are increasing their business and consolidating their presence by pursuing mergers and acquisitions in potential markets. Top six players in flexible packaging industry held a market share of around 58.0% indicating participation of a large number of players in this market. This fragmented industry structure is primarily due to the availability of number of pack types and raw materials used for flexible packaging.

The global flexible packaging market is projected to grow at a CAGR of 5.1% from 2013 to 2018. Polyethylene dominated the flexible packaging market by material accounting nearly 32% of the total market share and is projected to grow at a healthy CAGR during the forecast period. Polypropylene accounted for the second largest share in the segment during the period under review. Polypropylene comprises of Biaxially Oriented polypropylene (BOPP) and Cast polypropylene (CPP). Of these two, the biaxially oriented Polypropylene segment holds a significant share of around 80% from 2013 to 2018. Paper and Aluminum are growing at a CAGR of 5.5% and 5.4% respectively. Cellulosic is one of the materials which show potential growth in the future. It is projected to grow at a CAGR of 8.2% through to 2018.

The North American market is expected to show a modest growth trend, owing mainly to the saturated end-use markets in the region. The European market, which has also witnessed signs of maturity, is given a small boost by the East European nations. Environmental awareness among consumers has meant that there is a swing in market shares among the packaging materials.

The APAC region is leading in the flexible packaging market shares. The developing economies such as China and India are driving the growth in this region. Consumer preferences in convenience foods, westernized eating habits in terms of packaged food demands, and rising disposable incomes are some of the important factors influencing the trend. In the same way, the growing food and beverage processing industry in Brazil and other Latin American countries drives the growth in ROW. The Olympic Games 2016 scheduled in Brazil will also act as a significant boost to the tourism industry, and in turn the consumption of packaged food in the region.

Most of the countries in the Asia-Pacific are emerging economies that exhibit a strong economic growth in the future. With the growth in per capita income, consumers have adopted trends and preferences from the developed western markets. The growing population and the consequential demand for packaged food, beverage, personal care products, and pharmaceuticals are driving the markets in these developing regions. China and India are heading these growth trends. The thriving food & beverage, personal care products, and pharmaceutical processing industries and the increasing consumer awareness regarding benefits of these products and their packaging types are the key fundamentals driving the markets in these regions.

Scope of the Report

Applications

--  Food
--  Beverage
--  Personal care products
--  Pharmaceutical

Region

--  Asia-Pacific
--  Europe
--  North America
--  Rest of the World

Major Country-Level Markets

--  U.S.
--  U.K.
--  Germany
--  France
--  Russia
--  China
--  India
--  Australia
--  Indonesia
--  Brazil

Packaging Materials

--  Polypropylene
--  BOPP
--  CPP
--  Polyethylene
--  EVOH
--  PA
--  BOPET
--  PVC
--  Cellulosic
--  Aluminum
--  Paper

Company Profiles (Overview, Products and Services, Financials, Strategy & Development) are included on the following companies:

--  Amcor Limited
--  Ampac Holdings, Llc
--  Bemis Company
--  Bischof + Klein
--  Britton Group
--  Cellpack Packaging
--  Clondalkin Group
--  Constantia Flexibles Gmbh
--  Flextrus
--  Gerosa Group Spa
--  Goglio Group
--  Huhtamaki Oyj
--  Mondi Group
--  SIT Group
--  Schur Flexibles
--  Sealed Air Corporation
--  Sonoco Products co
--  Sudpack Verpackungen
--  Ukrplastic
--  Wipak Group

Clients of Research and Markets in the area of Packaging include:

--  BASF SE
--  Nike, Inc
--  The China National Publications Import & Export Corporation (CNPIEC)
--  Lenzing AG
--  Exxon Mobil Corp.
--  Bayer AG
--  Honeywell International, Inc.
--  Bio Springer
--  Poyry
--  Evonik Industries

For more information visit http://www.researchandmarkets.com/research/x2l9nq/flexible

About Research and Markets

Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Sector: Packaging

Contacts:
Research and Markets
Laura Wood
Senior Manager
[email protected]

For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-415-1241
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
SYS-CON Events announced today that Synametrics Technologies will exhibit at SYS-CON's 22nd International Cloud Expo®, which will take place on June 5-7, 2018, at the Javits Center in New York, NY. Synametrics Technologies is a privately held company based in Plainsboro, New Jersey that has been providing solutions for the developer community since 1997. Based on the success of its initial product offerings such as WinSQL, Xeams, SynaMan and Syncrify, Synametrics continues to create and hone inn...
As many know, the first generation of Cloud Management Platform (CMP) solutions were designed for managing virtual infrastructure (IaaS) and traditional applications. But that's no longer enough to satisfy evolving and complex business requirements. In his session at 21st Cloud Expo, Scott Davis, Embotics CTO, explored how next-generation CMPs ensure organizations can manage cloud-native and microservice-based application architectures, while also facilitating agile DevOps methodology. He expla...
To get the most out of their data, successful companies are not focusing on queries and data lakes, they are actively integrating analytics into their operations with a data-first application development approach. Real-time adjustments to improve revenues, reduce costs, or mitigate risk rely on applications that minimize latency on a variety of data sources. In his session at @BigDataExpo, Jack Norris, Senior Vice President, Data and Applications at MapR Technologies, reviewed best practices to ...
"Evatronix provides design services to companies that need to integrate the IoT technology in their products but they don't necessarily have the expertise, knowledge and design team to do so," explained Adam Morawiec, VP of Business Development at Evatronix, in this SYS-CON.tv interview at @ThingsExpo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
DevOps promotes continuous improvement through a culture of collaboration. But in real terms, how do you: Integrate activities across diverse teams and services? Make objective decisions with system-wide visibility? Use feedback loops to enable learning and improvement? With technology insights and real-world examples, in his general session at @DevOpsSummit, at 21st Cloud Expo, Andi Mann, Chief Technology Advocate at Splunk, explored how leading organizations use data-driven DevOps to close th...
Digital Transformation (DX) is not a "one-size-fits all" strategy. Each organization needs to develop its own unique, long-term DX plan. It must do so by realizing that we now live in a data-driven age, and that technologies such as Cloud Computing, Big Data, the IoT, Cognitive Computing, and Blockchain are only tools. In her general session at 21st Cloud Expo, Rebecca Wanta explained how the strategy must focus on DX and include a commitment from top management to create great IT jobs, monitor ...
"WineSOFT is a software company making proxy server software, which is widely used in the telecommunication industry or the content delivery networks or e-commerce," explained Jonathan Ahn, COO of WineSOFT, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
In his Opening Keynote at 21st Cloud Expo, John Considine, General Manager of IBM Cloud Infrastructure, led attendees through the exciting evolution of the cloud. He looked at this major disruption from the perspective of technology, business models, and what this means for enterprises of all sizes. John Considine is General Manager of Cloud Infrastructure Services at IBM. In that role he is responsible for leading IBM’s public cloud infrastructure including strategy, development, and offering m...
No hype cycles or predictions of a gazillion things here. IoT is here. You get it. You know your business and have great ideas for a business transformation strategy. What comes next? Time to make it happen. In his session at @ThingsExpo, Jay Mason, an Associate Partner of Analytics, IoT & Cybersecurity at M&S Consulting, presented a step-by-step plan to develop your technology implementation strategy. He also discussed the evaluation of communication standards and IoT messaging protocols, data...
Recently, WebRTC has a lot of eyes from market. The use cases of WebRTC are expanding - video chat, online education, online health care etc. Not only for human-to-human communication, but also IoT use cases such as machine to human use cases can be seen recently. One of the typical use-case is remote camera monitoring. With WebRTC, people can have interoperability and flexibility for deploying monitoring service. However, the benefit of WebRTC for IoT is not only its convenience and interopera...
In a recent survey, Sumo Logic surveyed 1,500 customers who employ cloud services such as Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform (GCP). According to the survey, a quarter of the respondents have already deployed Docker containers and nearly as many (23 percent) are employing the AWS Lambda serverless computing framework. It’s clear: serverless is here to stay. The adoption does come with some needed changes, within both application development and operations. Tha...
Product connectivity goes hand and hand these days with increased use of personal data. New IoT devices are becoming more personalized than ever before. In his session at 22nd Cloud Expo | DXWorld Expo, Nicolas Fierro, CEO of MIMIR Blockchain Solutions, will discuss how in order to protect your data and privacy, IoT applications need to embrace Blockchain technology for a new level of product security never before seen - or needed.
Recently, REAN Cloud built a digital concierge for a North Carolina hospital that had observed that most patient call button questions were repetitive. In addition, the paper-based process used to measure patient health metrics was laborious, not in real-time and sometimes error-prone. In their session at 21st Cloud Expo, Sean Finnerty, Executive Director, Practice Lead, Health Care & Life Science at REAN Cloud, and Dr. S.P.T. Krishnan, Principal Architect at REAN Cloud, discussed how they built...
Sanjeev Sharma Joins June 5-7, 2018 @DevOpsSummit at @Cloud Expo New York Faculty. Sanjeev Sharma is an internationally known DevOps and Cloud Transformation thought leader, technology executive, and author. Sanjeev's industry experience includes tenures as CTO, Technical Sales leader, and Cloud Architect leader. As an IBM Distinguished Engineer, Sanjeev is recognized at the highest levels of IBM's core of technical leaders.
Nordstrom is transforming the way that they do business and the cloud is the key to enabling speed and hyper personalized customer experiences. In his session at 21st Cloud Expo, Ken Schow, VP of Engineering at Nordstrom, discussed some of the key learnings and common pitfalls of large enterprises moving to the cloud. This includes strategies around choosing a cloud provider(s), architecture, and lessons learned. In addition, he covered some of the best practices for structured team migration an...