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Flexible Packaging Market in China 2018-2022

Flexible Packaging Market in China 2018-2022

About this market

Flexible packaging leaves a lower carbon footprint than traditional packaging. For packing equal amount of food, flexible pouches require 4% lesser cargo space than glass containers. This leads to lower emission during transport. Also, less amount of materials is required to manufacture flexible packaging. 2.5 pounds of flexible packaging material is required to pack 100 pounds of beverages whereas 84 pounds of glass is required to pack the same volume of beverages. These attributes make flexible packaging more sustainable than glass and rigid PET. Thus, the growing awareness for sustainable development will drive the flexible packaging market in China. Technavio’s analysts have predicted that the flexible packaging market in China will register a CAGR of over 8% by 2022.Market Overview

Growth of food and beverages industry in China

The growing population of urban areas in China is creating a demand for food and beverages. The cold chain market in China is expected to grow by around USD 45-50 billion during the forecast period. Food and beverages segment dominate the cold chain market in China. Moreover, food companies and packaging vendors are expanding their presence by partnering with other companies and acquiring regional players. Thus, the growth of the food and beverages industry in China is driving the flexible packaging market in China.

Stringent government regulations for food packaging

With growing demand for takeaway and ready-to-eat (RTE) food, the amount of packaging waste is also increasing. Most of the plastic packaging materials are non-biodegradable. The government of China has formulated several laws and regulations to protect foods and beverages from the harmful effects of packaging materials. Packaging companies need to comply with these laws and certification policies which increases their operational difficulties thereby hampering market growth.

For the detailed list of factors that will drive and challenge the growth of the flexible packaging market in China during 2018-2022, view our report.

Competitive Landscape

The market appears to be fragmented and with the presence of several companies including Amcor, and Berry Global the competitive environment is quite intense. Factors such as the increasing demand for food and beverages, will provide considerable growth opportunities to flexible packaging companies in China. Amcor, Berry Global, Sealed Air, and Shanghai Zijiang Colour Printing & Packaging are some of the major companies covered in this report.


PRESS RELEASE

Technavio Announces the Publication of its Research Report – Flexible Packaging Market in China 2018-2022

Technavio recognizes the following companies as the key players in the flexible packaging market in China: Amcor, Berry Global, Sealed Air, and Shanghai Zijiang Colour Printing & Packaging.

Commenting on the report, an analyst from Technavio’s team said: “People are increasingly becoming aware about sustainable development. The low requirement of materials and space of flexible packaging makes it more sustainable than glass and rigid PET containers. This will drive the growth of flexible packaging market in China.”

According to the report, one of the major drivers for this market is the growth of the food and beverages industry in China. The demand for food and beverages in urban areas of China is increasing which is leading to increasing demand for flexible packaging in the country.

Further, the report states that one of the major factors hindering the growth of this market is the stringent government regulations which need to be followed by packaging vendors. These laws and regulations increase the operational difficulties for packaging vendors and thereby hamper market growth

Companies Mentioned

Amcor

Berry Global

Sealed Air

Shanghai Zijiang Colour Printing & Packaging

  • Executive summary
  • Scope of the report
  • Research methodology
  • Market landscape
    • Market ecosystem
      • Table Parent market
      • Table Global flexible packaging market segmentation
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Flexible packaging market in China – Market size and forecast 2017-2022 ($ mn)
      • Table Flexible packaging market in China – Year-over-year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2017
  • Market segmentation by material type
    • Segmentation by material type
      • Table Flexible packaging market in China – Market share by material type 2017-2022 (%)
    • Comparison by material type
      • Table Comparison by material type
    • Plastic – Market size and forecast 2017-2022
      • Table Flexible packaging market in China by plastic – Market size and forecast 2017-2022 ($ mn)
      • Table Flexible packaging market in China by plastic – Year-over-year growth 2018-2022 (%)
    • Paper – Market size and forecast 2017-2022
      • Table Flexible packaging market in China by paper – Market size and forecast 2017-2022 ($ mn)
      • Table Flexible packaging market in China by paper – Year-over-year growth 2018-2022 (%)
    • Foil – Market size and forecast 2017-2022
      • Table Flexible packaging market in China by foil – Market size and forecast 2017-2022 ($ mn)
      • Table Flexible packaging market in China by foil – Year-over-year growth 2018-2022 (%)
    • Market opportunity by material type
      • Table Market opportunity by material type
  • Customer landscape
    • Table Customer landscape
  • Market segmentation by end-user
    • Segmentation by end-user
      • Table Flexible packaging market in China – Market share by end-user 2017-2022 (%)
    • Comparison by end-user
      • Table Comparison by end-user
    • Food and beverages – Market size and forecast 2017-2022
      • Table Flexible packaging market in China by food and beverages – Market size and forecast 2017-2022 ($ mn)
      • Table Flexible packaging market in China by food and beverages – Year-over-year growth 2018-2022 (%)
    • Pharmaceuticals – Market size and forecast 2017- 2022
      • Table Flexible packaging market in China by pharmaceuticals – Market size and forecast 2017- 2022 ($ mn)
      • Table Flexible packaging market in China by pharmaceuticals – Year-over-year growth 2018- 2022 (%)
    • Other industries – Market size and forecast 2017- 2022
      • Table Flexible packaging market in China by other industries – Market size and forecast 2017- 2022 ($ mn)
      • Table Flexible packaging market in China by other industries – Year-over-year growth 2018- 2022 (%)
    • Market opportunity by end-user
      • Table Market opportunity by end-user
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Reductions associated with the use of flexible packaging instead of rigid packaging
    • Market challenges
  • Market trends
    • Sustainability of flexible packaging
    • Ban on waste import
    • Innovation in flexible packaging
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive landscape
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Amcor
      • Table Amcor – Overview
      • Table Amcor – Business segments
      • Table Amcor – Organizational developments
      • Table Amcor – Geographic focus
      • Table Amcor – Segment focus
      • Table Amcor – Key offerings
    • Berry Global
      • Table Berry Global – Overview
      • Table Berry Global – Business segments
      • Table Berry Global – Organizational developments
      • Table Berry Global – Geographic focus
      • Table Berry Global – Segment focus
      • Table Berry Global – Key offerings
    • Sealed Air
      • Table Sealed Air – Overview
      • Table Sealed Air – Business segments
      • Table Sealed Air – Organizational developments
      • Table Sealed Air – Geographic focus
      • Table Sealed Air – Segment focus
      • Table Sealed Air – Key offerings
    • Shanghai Zijiang Colour Printing & Packaging
      • Table Shanghai Zijiang Colour Printing & Packaging – Overview
      • Table Shanghai Zijiang Colour Printing & Packaging – Product segments
      • Table Shanghai Zijiang Colour Printing & Packaging – Organizational developments
      • Table Shanghai Zijiang Colour Printing & Packaging – Key offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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