Global Converted Flexible Packaging Market 2022-2026

Global Converted Flexible Packaging Market 2022-2026

Technavio has been monitoring the converted flexible packaging market and it is poised to grow by $ 21.73 mn during 2022-2026, progressing at a CAGR of 3.79% during the forecast period. Our report on the converted flexible packaging 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 global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the shift from rigid packaging to converted flexible packaging and increasing consumer preference for packaged food. In addition, shift from rigid packaging to converted flexible packaging is anticipated to boost the growth of the market as well.

The converted flexible packaging market analysis includes the product segment and geographic landscape.

Technavio's converted flexible packaging market is segmented as below:

By Product

• Pouches
• Bags
• Others

By Geographical Landscape

• APAC
• Europe
• North America
• South America
• MEA

This study identifies the growing retail industryas one of the prime reasons driving the converted flexible packaging market growth during the next few years.

Technavio 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. Our report on converted flexible packaging market covers the following areas:

• Converted flexible packaging market sizing
• Converted flexible packaging market forecast
• Converted flexible packaging market industry analysis

Technavio's 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 converted flexible packaging market vendors that include Amcor Plc, Bischof + Klein SE and Co. KG, Constantia Flexibles Group GmbH, Graphic Packaging Holding Co., Koehler Paper SE, ProAmpac Intermediate Inc., Sappi Ltd., Sealed Air Corp., Sonoco Products Co., and Transcontinental Inc. Also, the converted flexible packaging 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.

Technavio 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. Technavio's 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.

Companies Mentioned

Amcor Plc, Bischof + Klein SE and Co. KG, Constantia Flexibles Group GmbH, Graphic Packaging Holding Co., Koehler Paper SE, ProAmpac Intermediate Inc., Sappi Ltd., Sealed Air Corp., Sonoco Products Co., Transcontinental Inc.