Flexible Plastic Packaging Market Size| COVID-19 Impact

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Segmentation:

The global Flexible Plastic Packaging Market Size has been segmented on the basis of type, printing technology and application. Based on type, the Flexible Plastic Packaging Market Size has been segmented into stand-up pouches, flat pouches, gusseted, bags and others. The stand-up pouches segment is anticipated to account for the largest market share during the forecast period due to growing consumption of dairy products, cosmetics, food & beverages and personal care products that are usually packed using flexible plastic packaging.

Based on printing technology, the Flexible Plastic Packaging Market Size has been segmented into flexography, digital printing and others. Based on application, the Flexible Plastic Packaging Market Size has been segmented into food and beverages, pharmaceutical, personal care and others. 

Regional Analysis:

Geographically, the global Flexible Plastic Packaging Market Size has been segmented into North America, Europe, Asia Pacific and the rest of the world. The Asia Pacific region is projecting dominance over the global Flexible Plastic Packaging Market Size owing to the increasing utilization of plastic packaging for various goods that are being exported from the emerging economies like India, China and Japan and high demand for good quality food packaging in this region. Growing demand for flexible plastic packaging in rapidly expanding food and beverages, pharmaceutical and other industries is fuelling the growth of the Flexible Plastic Packaging Market Size in the North America and Europe regions.

Industry Updates:

In September 2018, Amcor has announced that it will invest more than $25 Mn to expand and upgrade an existing facility in Madison, Wisconsin.

In September 2018, Mondi and Werner & Mertz have announced that they will be introducing new, patented fully recyclable pouches with detachable decorative panels in the year 2019.

Key Players:

The leading players that are profiled by MRFR in the report on the global flexible plastic packaging are Amcor Limited(Victoria), Constantia Flexibles Group GmbH (Austria), Mondi Group (Johannesburg), Sealed Air Corporation (North Carolina), Sonoco Products Company (the U.S.), Coveris Holdings S.A. (the U.S.), Huhtamaki Group (Finland), Bemis Company Inc. (the U.S.) and Ampac Holdings LLC (the U.S.).