Flexible Industrial Packaging Market 2023-2027
The flexible industrial packaging market is forecasted to grow by USD 21329.14 mn during 2022-2027, accelerating at a CAGR of 5.49% during the forecast period. The report on the flexible industrial packaging market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in demand for flexible industrial packaging from end-user industries, global economic growth, and innovation in flexible industrial packaging solution.
Technavio's flexible industrial packaging market is segmented as below:
By Type
- Pouches
- Wraps
- Rollstock
- Bags
By Application
- Chemical industry
- Construction industry
- Food and beverages industry
- Pharmaceutical industry
- Others
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the growing demand for biodegradable packaging alternatives as one of the prime reasons driving the flexible industrial packaging market growth during the next few years. Also, increase in demand for material handling containers and rising demand for high-barrier sack packaging will lead to sizable demand in the market.
The report on the flexible industrial packaging market covers the following areas:
- Flexible industrial packaging market sizing
- Flexible industrial packaging market forecast
- Flexible industrial packaging market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading flexible industrial packaging market vendors that include Aluflexpack AG, Amcor Plc, Anglo American plc, Berry Global Inc., Bulk Lift International LLC, Clifton Packaging Group Ltd., ePac Holdings LLC, Eskay Flexible Packaging Industries Pvt Ltd., Flexibles Industrial Packages Co., Global Pak Inc., Greif Inc., Industrial Packaging supply Inc., International Paper Co., Kiliper Corp., LC Packaging International BV, SAFEPACK Inc., Sealed Air Corp., SIG Group AG, Sonoco Products Co., and Surepak Ltd.. Also, the flexible industrial packaging market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.