GLOBAL FLEXIBLE PACKAGING INDUSTRY :TRENDS ANALYSIS AND FORECASTS UP TO 2021
The global flexible packaging industry market is highly frag-
mented in nature with the presence of diverse small and medi-
um enterprises (SMEs) as well as large scale manufacturers
spread worldwide.
Flexible packaging often takes the shape of the product which
is enclosed in this type of packaging. Various materials such as
polyethylene, polypropylene, polyethylene, aluminum foil, pa-
per and cellulose are used in the manufacture of flexible pack-
aging. Moreover, it is typically characterized by the elasticity of
the material used in the manufacture of flexible packaging.
Furthermore, flexible packaging exhibits host of properties
such as providing excellent barrier between external climatic
conditions and the packaged product, addition of esthetic value
to the packaged product, alteration of shape and size, and
ability to print the outer side of the packaging with various de-
signs and information. Additionally, flexible packaging can be
formed by layering various types of the abovementioned mate-
rials to impart superior sturdiness and improve the shape of the
packaging. For instance, Tetra packs make the use of paper,
aluminum foil and polymers to provide excellent protection the
packaged goods. Flexible packaging is used to package foods,
beverages, pharmaceuticals, personal care products as well as
home care products. Stand-up pouches, milk pouches & bags,
laminated tubes, squeezable bottles, medicine bottles and food
containers are some of the types of flexible packaging com-
monly used in the global market.
The global flexible packaging market is highly fragmented in
nature with the presence of diverse small and medium enter-
prises (SMEs) as well as large scale manufacturers spread
worldwide. Amcor Flexibles, Bemis Company, Inc., Emerald
Packaging, Inc., Mondi plc, Sealed Air Corporation, Sonoco
Flexible Packaging, Constantia Flexibles LLC, PERUPLAST
S.A., Bischof + Klein, Wipak Group, Huhtamki and Ukrplastic
are some of the key manufacturers present within the flexible
packaging market on a global scale. The flexible packaging
market is often marketed by several merger and acquisition
activities; research and development; and product innovation.
Owing to the cutthroatcompetition present within the global
flexible packaging industry, manufacturers are in the constant
endeavor in terms of the abovementioned strategies in order to
establish an edge over the other competitors.
Global flexible packaging industry market: Projection
2014 2021
Global flexible packaging industry market : Regional Highlights
x.x
x.x x.x
% Acquisitions
% %
North America
x.x
Latin America %
Europe
Asia
On a regional scale, Europe has been the largest market for
flexible packaging owing to the presence of a large-scale pack-
aging industry in the region. Additionally, growing demand for
farm-fresh food and dairy products protected by effect of the
external environmental changes had resulted in a tremendous
demand for flexible packaging. However, Asia Pacific is likely
to witness the highest gain within the flexible packaging market
over the next few years on account of the overall growth of the
packaging industry. Key factors such as rising demand for
packaged goods on account of changing lifestyle of consum-
ers, growing disposable incomes of consumers. Furthermore
emergence of the fast food, processed food and packaged
food products in urban as well as rural areas of Asia Pacific are
expected to augment the growth of the packaging market. Flex-
ible packaging is anticipated to gain significant growth owing to
key parameters such as light-weight, low cost of materials, and
excellent technical properties such as ease of manufacturing
and printing/labeling. Additionally, flexible packaging products
consume less space as compared to other forms of packaging
resulting in reduced logistic expenditure,
Growth of the food & beverages industry coupled with the in-
creasing intensification of the global healthcare industry is the
key factor which is expected to play a vital role in the growth of
the flexible packaging industry. Furthermore, technical ad-
vancement in the flexible packaging industry is likely to substi-
tute other packaging materials such as glass, metals and
wood.
Plastics dominated the market accounting for more than half
the global flexible packaging demand in 2013. Abundant avail-
ability of polymers, ease of molding, low cost and compatibility
of polymers with additives such as antimicrobials and antioxi-
dants have resulted in exponential demand for plastics within
the global flexible packaging material market over the past few
years. This trend is likely to continue throughout the forecast
period. Papers and aluminum foil are expected to witness sub-
stantial growth within the flexible packaging market owing to
their biodegradability property. Thus, the global flexible pack-
aging is set to witness substantial growth over the next few
years.
Global flexible packaging industry market applications shares
Food & Beverages Dairy
x.x% x.x%
100% 50% 100% 100% 50% 100%
Tea Others
x.x% x,.x%
100% 50% 100% 100% 50% 100%
Global flexible packaging industry market : industry developments of key participants
X.X%
X.X%
Merger &
X.X%
X.X%
Joint ventures
New Product
Development
Others
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