Global Flexible Industrial Packaging Market Outlook 2023-2036: Plastic Material Dominates, Rising Demand for Sustainable Packaging Driving Growth - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "Global Flexible Industrial Packaging Market Outlook 2023-2036" report has been added to ResearchAndMarkets.com's offering.
The market is estimated to garner a revenue of USD 140.34 billion by the end of 2036 up from a revenue of about USD 77.3 billion in the year 2023. The flexible industrial packaging market is anticipated to grow with a CAGR of 4.79% over the forecast period, i.e., 2024-2036.
Key factors contributing to the growth of the market include the rising use of flexible packaging in the different end-use industries. Moreover, the major share of the population is inclining towards sustainable packaging owing to which the companies are also transitioning from traditional packaging to flexible packaging is also expected to augment the market growth.
The flexible industrial packaging market is segmented into various segments, which include segmentation by type, pouches size, filling process, application, layer, material, end user, and region. By material, the market is segmented into plastic, aluminum foil, and paperboard. By the end of 2036, the plastic segment is anticipated to garner the largest revenue of around USD 91.7 billion, up from a revenue of USD 53 billion in the year 2023, by burgeoning at a CAGR of 4.42% during the projected period.
The market in Asia Paciifc, amongst the market in all the other regions, is anticipated to garner the largest revenue of USD 68 billion by the end of 2036. Moreover, in the year 2023, the market in the region generated a revenue of USD 33.5 billion. The growth of market in the region is attributed to the expansion of the construction and the pharmaceutical industry.
Company Profiles
- Aluflexpack AG
- Amcor PLC
- Mondi
- Sonoco Products Company
- Uflex Ltd.
- Huhtamaki Oyj
- Flexibles Industrial Packages Co (SAOC)
- HOSOKAWA YOKO Co. Ltd.
- Constantia Flexibles
- Berry Global Group Inc.
Key Topics Covered:
1. An Outline of the Flexible Industrial Packaging Market
1.1. Market Definition
1.2. Market Segmentation
1.3. Industry Overview
2. Assumptions & Abbreviations
3. Research Methodology & Approach
3.1. Research Process
3.2. Primary Research
3.2.1. Manufacturers
3.2.2. End Users
3.3. Secondary Research
3.4. Market Size Estimation
4. Summary of the Report for Key Decision Makers
5. Forces of Market Constituents
5.1. Factors/drivers impacting the growth of the market
5.2. Market trends for better business practices
6. Key Market Opportunities for Business Growth
7. Major Roadblocks for the Market Growth
8. Decarbonization Strategy and Carbon Credit Benefits for Market Players
8.1. Global Government Decarbonization Plans/Goals by Each Country under 2015 Agreement Agreed by 200 Countries
8.2. Measures taken by Countries to Reduce Carbon Footprints
8.3. Carbon Credits and Subsidy Plans/Benefits Rolled out by the Government for Market Players
8.4. Effective Ways to Harness Carbon-Credits and Impact on Profit Margins
8.5. Demand Impact on the Companies Opting for Carbon Credits
9. Government Regulation: How they would aid business?
10. Industry Pricing Benchmarking & Analysis
11. Industry Risk Analysis
12. Global Economic Outlook: Challenges for Global Recovery and its Impact on Global Flexible Industrial Packaging Market
12.1. Ukraine-Russia crisis
12.2. Potential US economic slowdown
12.3. Impact of Recession on the Global Economy
13. Industry Growth Outlook w.r.to Material
14. Industry Supply Chain Analysis
15. Regional Demand Analysis
16. Analysis on Flexible Industrial Packaging Scenario in Southeast Asia
17. Analysis on the Technology Adoption in the Flexible Industrial Packaging
18. Competitive Positioning
19. Competitive Model: A Detailed Inside View for Investors
For more information about this report visit https://www.researchandmarkets.com/r/i09f7d
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