Global Flexible Packaging Market for Baby Food 2018-2022
About Flexible Packaging
Flexible packaging market for baby food is of different types like stand-up pouches and thin-walled containers. Stand up pouches can extend shelf life of baby food significantly and will witness several applications during the forecast period. The flexible packaging market for baby food consists of several regional and international players. Most vendors in this market are increasingly concentrating on expanding their presence in developing countries such as India. Also, the key vendors are offering a wide range of features in their packaging techniques to attract baby food manufacturing brands.
Technavio’s analysts forecast the global flexible packaging market for baby food to grow at a CAGR of 8.74% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global flexible packaging market for baby food for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of flexible packaging market for baby food.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Flexible Packaging Market for Baby Food 2018-2022
Technavio recognizes the following companies as the key players in the global flexible packaging market for baby food: Amcor, Bemis Company, Mondi Group, Sealed Air, and Sonoco Products Company.
Other Prominent Vendors in the market are: Ampac Holding LLC, Berry Global, and DuPont.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is shift to infant milk formula. The rise in demand for milk formula is mainly due to the increasing change in mothers moving from traditional breastfeeding to milk formula feeding. For instance, Bellamy, an organic baby food manufacturer has witnessed a major rise in sales in its Australia-made infant milk formula in 2016.”
According to the report, one of the major drivers for this market is growing popularity of pouch packaging. The rising popularity of pouch packaging as a suitable option for flexible packaging for baby food is mainly due to its convenience for busy parents. It offers the ease of carrying the food on the go and provides a clear surface where the manufacture information can be printed helping in brand promotion.
Amcor, Bemis Company, Mondi Group, Sealed Air, Sonoco Products Company, Ampac Holding LLC, Berry Global, and DuPont.