Flexible Plastic Pouches Market Size
The global Flexible Plastic Pouches market size was valued at $58.34 billion in 2023 and is projected to reach $92.59 billion by 2029, growing at a CAGR of 8.0% during the forecast period.
Flexible Plastic Pouches Market Dynamics
• The Flexible Plastic Pouches market is expected to witness significant growth in the future due to rising demand from end-user industries and increasing demand for packaged foods and beverages.
• Additionally, the benefits such as the cost-effectiveness of flexible plastic pouches and the aesthetic appeal of flexible plastic pouches are the major factors driving the growth of the flexible plastic pouches market demand.
• However, stringent government regulations are likely to restrain the market growth.
Flexible Plastic Pouches Market Overview
Flexible plastic pouches are used to package a wide range of products, from snacks to industrial liquids, and may be seen on supermarket shelves all over the world. Because many of them are resealable, environmentally friendly, and less expensive than alternatives such as glass, metal, and cardboard containers, they are often used in food packaging. These are essential for keeping the goods fresh and damage-free, as well as serving as a wonderful marketing tool.
By Material, Polyethylene (PE) is Projected to be the Largest Segment in the Flexible Plastic Pouches Market
The polyethylene material segment held the largest market share. This is due to its unique flow properties, which include a propensity to stretch when stressed and inexpensive manufacturing costs. Its high melting point and resistance to nearly all chemicals, including strong acids, alkalis, and most organic materials, make it an excellent material for boilable packaging and sterilizable products.
By Geography, Asia Pacific is Projected to Strong Presence in the Global Market
Asia Pacific was the largest market for flexible plastic pouches, and it would grow considerably during the forecast period. The rise in consumer preference for contamination-free food is being driven by increased hygiene awareness and living standards. In Asia Pacific, the rapid rate of development and urbanisation is also driving the usage of flexible plastic pouches. The increase in disposable income of people in countries like China and India, as well as the rise in middle-class population, increased demand for packaged food, and the expansion of the food and beverage sector, have all contributed to the market's growth in Asia Pacific. Higher consumer spending and packaging material manufacturing in rising nations, such as China and India, may also be attributed to the growth of the flexible plastic pouches market in Asia Pacific.
Some of the Key Players Profiled in the Report Include:
• Berry Global Inc.
• Smurfit Kappa
• Mondi Group
• Huhtamaki
• Amcor Plc
• Coveris
• Korozo Ambalaj San. Ve Tic. A.S.
• Goglio SpA
• Wipf Holding AG
• Sonoco Products Company
• Constantia Flexibles Inc.
• Clondalkin Group
• Proampac
• Gualapack S.P.A.
• Uflex Limited
• Sealed Air Corp.
This Report Helps to:
• Gain a deeper understanding of the impact of COVID-19 on the Flexible Plastic Pouches market.
• Understand the key trends that will drive the market and the challenges it faces in the current market scenario.
• Identify potential growth opportunities.
• Gain in-depth analysis of market segments, and regions/countries predicted to observe promising growth.
• Know the historical and forecast size for each segment and sub-segment in (USD Million).
• Company profiling with key products and solution offerings, key financial information, SWOT analysis, and business strategies adopted.
Market Segmentation:
The research report includes in-depth coverage of the industry analysis with size, share, and forecast for the below segments:
Market by, Type
• Flat Pouches
• Stand-up Pouches
Market by, Material
• Polyethylene (PE)
• Polypropylene (PP)
• Poly Vinyl Chloride (PVC)
• Ethylene Vinyl Alcohol (EVOH)
• Polyamide
Market by, Application
• Food
• Beverage
• Agricultural Products
• Auto Glass Wipes
• Healthcare
• Lawn & Garden Products
• Oil & Lubricants
• Paints
• Personal Care & Homecare
Market by, Geography
The Flexible Plastic Pouches Market report also analyzes the major geographic regions and countries for the market. The regions and countries covered in the study include:
• North America (The United States, Canada, Mexico), Market Estimates, Forecast & Opportunity Analysis
• Europe (Germany, France, UK, Italy, Spain, Rest of Europe), Market Estimates, Forecast & Opportunity Analysis
• Asia Pacific (China, Japan, India, South Korea, Australia, New Zealand, Rest of Asia Pacific), Market Estimates, Forecast & Opportunity Analysis
• South America (Brazil, Argentina, Chile, Rest of South America), Market Estimates, Forecast & Opportunity Analysis
• Middle East & Africa (UAE, Saudi Arabia, Qatar, Iran, South Africa, Rest of Middle East & Africa), Market Estimates, Forecast & Opportunity Analysis
Table Of Content
1 Market Overview
1.1 Introduction
1.2 Research Objectives
1.3 Market Segmentation
1.4 Stakeholders
1.5 List of Acronyms
2 Executive Summary
3 Research Methodology
3.1 Identification of Data
3.2 Evaluation of Market Dynamics
3.3 Collaboration of Data
3.4 Verification and Analysis
3.5 Data Sources
3.6 Assumptions
4 Market Dynamics
4.1 Market Drivers
4.1.1 Demand from End-User Industries is Rising
4.1.2 Flexible Plastic Pouches are Cost-Effective.
4.1.3 Flexible Plastic Pouches Provide an Aesthetic Appeal
4.1.4 Demand for Packaged Foods and Beverages is Increasing.
4.2 Market Restraints
4.2.1 Stringent Government Regulations
4.3 Market Opportunities
4.4 Market Challenges
4.5 Impact of COVID-19 on Flexible Plastic Pouches Market
5 Porter's Five Force Analysis
5.1 Bargaining Power of Suppliers
5.2 Bargaining Power of Buyers
5.3 Threat of New Entrants
5.4 Threat of Substitutes
5.5 Competitive Rivalry in the Market
6 Global Flexible Plastic Pouches Market by, Type
6.1 Overview
6.2 Flat Pouches
6.3 Stand-up Pouches
7 Global Flexible Plastic Pouches Market by, Material
7.1 Overview
7.2 Polyethylene (PE)
7.2.1 High-Density Polyethylene (HDPE)
7.2.2 Low-Density Polyethylene (LDPE)
7.2.3 Linear Low-Density Polyethylene (LLDPE)
7.3 Polypropylene (PP)
7.3.1 Biaxially Oriented Polypropylene (BOPP)
7.3.2 Cast Polypropylene (CPP)
7.4 Poly Vinyl Chloride (PVC)
7.5 Ethylene Vinyl Alcohol (EVOH)
7.6 Polyamide
8 Global Flexible Plastic Pouches Market by, Application
8.1 Overview
8.2 Food
8.3 Beverage
8.4 Agricultural Products
8.5 Auto Glass Wipes
8.6 Healthcare
8.7 Lawn & Garden Products
8.8 Oil & Lubricants
8.9 Paints
8.10 Personal Care & Homecare
9 Global Flexible Plastic Pouches Market by, Geography
9.1 Overview
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 France
9.3.3 UK
9.3.4 Italy
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 China
9.4.2 Japan
9.4.3 India
9.4.4 South Korea
9.4.5 Australia
9.4.6 New Zealand
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Brazil
9.5.2 Argentina
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 UAE
9.6.2 Saudi Arabia
9.6.3 Qatar
9.6.4 Iran
9.6.5 South Africa
9.6.6 Rest of Middle East & Africa
10 Key Developments
11 Company Profiling
11.1 Berry Global Inc.
11.1.1 Business Overview
11.1.2 Product/Service Offering
11.1.3 Financial Overview
11.1.4 SWOT Analysis
11.1.5 Key Activities
11.2 Smurfit Kappa
11.3 Mondi Group
11.4 Huhtamaki
11.5 Amcor Plc
11.6 Coveris
11.7 Korozo Ambalaj San. Ve Tic. A.S.
11.8 Goglio SpA
11.9 Wipf Holding AG
11.10 Sonoco Products Company
11.11 Constantia Flexibles Inc.
11.12 Clondalkin Group
11.13 Proampac
11.14 Gualapack S.P.A.
11.15 Uflex Limited
11.16 Sealed Air Corp.
Report Details
SKU Code | : DI2120 |
Industry | : Packaging |
Region | : Global |
Tables | : 144 |
Format | : Electronic PDF |
Published | : 2023 |
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