Global Flexible Packaging Market For Food And Beverages Market 2023-2027
The flexible packaging market for food and beverages market is forecasted to grow by USD 41.78 bn during 2022-2027, accelerating at a CAGR of 5.14% during the forecast period. The report on the flexible packaging market for food and beverages 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 rise in demand for pouch packaging solutions, demand for sustainable packaging solutions, and need to avoid food wastage.
Technavio's flexible packaging market for food and beverages market is segmented as below:
By Material
- Flexible plastic
- Flexible paper
- Flexible foil
By Product
- Pouches
- Bags
- Films and wraps
- Others
By Geography
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the advanced recycling technologies for recycling flexible packaging waste as one of the prime reasons driving the flexible packaging market for food and beverages market growth during the next few years. Also, emergence of biodegradable packaging solutions and adoption of sustainable packaging will lead to sizable demand in the market.
The report on the flexible packaging market for food and beverages market covers the following areas:
- Flexible packaging market for food and beverages market sizing
- Flexible packaging market for food and beverages market forecast
- Flexible packaging market for food and beverages 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 packaging market for food and beverages market vendors that include American Packaging Corp., Behr Bircher Cellpack BBC AG, Berry Global Inc., Bischof Klein SE and Co. KG, Bryce Corp., CCL Industries Inc., Constantia Flexibles Group GmbH, Glenroy Inc., Huhtamaki Oyj, Mondi Plc, Novolex, Printpack Inc., ProAmpac Holdings Inc., Sealed Air Corp., Sonoco Products Co., Transcontinental Inc., UFlex Ltd., WestRock Co., Wipak Group, and Amcor Plc. Also, the flexible packaging market for food and beverages 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.