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Global Flexible Plastic Packaging Market 2017-2021

Global Flexible Plastic Packaging Market 2017-2021

About Flexible Plastic Packaging

Flexible plastic packaging is gaining market traction as a primary and secondary packaging solution across all consumer goods packaging sectors. The food and beverage and pharmaceutical sectors are the major end-users of the flexible plastic packaging market. As an advanced plastic packaging technique, it increases the shelf life of products and reduces storage and transportation costs. For instance, a recent innovation in the flexible plastic packaging market, called modified atmospheric packaging (MAP), reduces the packaging cost by around 30%-33% in comparison to rigid plastic packaging. There are many aspects of flexible plastic packaging that can surpass the benefits of its immediate substitute, rigid plastic packaging.

Technavio’s analysts forecast the global flexible plastic packaging market to grow at a CAGR of 6.03% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global flexible plastic packaging market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of flexible plastic packaging.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Flexible Plastic Packaging Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Amcor
  • Bemis Company
  • Berry Global
  • Huhtamaki
Other prominent vendors
  • Clondalkin Group Holdings BV
  • Constantia Flexibles
  • Coveris
  • Mondi
  • ProAmpac
  • DuPont
  • Innovia Films
  • Reynolds Group
  • Sealed Air
  • Sonoco
Market driver
  • Growing global plastic film market
  • For a full, detailed list, view our report
Market challenge
  • Volatility in polymer prices
  • For a full, detailed list, view our report
Market trend
  • Growing market consolidation
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Flexible Plastic Packaging Market 2017-2021

Technavio recognizes the following companies as the key players in the global flexible plastic packaging market: Amcor, Bemis Company, Berry Global, and Huhtamaki

Other Prominent Vendors in the market are: Clondalkin Group Holdings BV, Constantia Flexibles, Coveris, Mondi, ProAmpac, DuPont, Innovia Films, Reynolds Group, Sealed Air, and Sonoco

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Growing market consolidation. The fragmented nature of the market and high competitive pressure from large vendors are forcing the small players to combine with the large ones through mergers or acquisitions. This is encouraged by the large players as they can expand their market presence and enter new markets. Mergers and acquisitions help small players adopt new technologies from the large players to survive in the competitive market.”

According to the report, one of the major drivers for this market is Growing global plastic film market. The global plastic film market is anticipated to grow 5%-6% during the forecast period. The food segment is expected to show a higher demand for flexible plastic films. Flexible plastics films can be used as stretch films and shrink films to be used in wrapping processed food items, meat, and vegetables. There are certain properties of plastic films which improve the shelf life of food items. In addition, the plastic film can reduce the overall transportation and warehouse cost in comparison with other types of packaging.

Further, the report states that one of the major factors hindering the growth of this market is Volatility in polymer prices. The global polymer industry is facing a reduction in polymer prices since the past few years. Low energy and feedstock cost are the major reasons for the declining polymer prices. In addition, the reducing crude oil prices will also reflect on the polymer price since polymers are the byproducts of crude oils. For example, in 2016, the price of polyvinylidene chloride (PVDC) and EVOH polymer declined by around $0.1-0.3 per Kg. In the same year, the polyvinyl alcohol (PVA) prices decreased by around $0.2-$0.4 per kg. The reduction in polymer prices is expected to help flexible plastic packaging manufacturers reduce their overall purchasing and operational costs, besides encouraging them to purchase polymer in bulk.

Companies Mentioned

Amcor, Bemis Company, Berry Global, and Huhtamaki, Clondalkin Group Holdings BV, Constantia Flexibles, Coveris, Mondi, ProAmpac, DuPont, Innovia Films, Reynolds Group, Sealed Air, and Sonoco

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • Market outline
      • Table Benefits of flexible plastic packaging over rigid plastic packaging
  • Market Landscape
    • Market ecosystem
      • Table Parent market 2016
      • Table Global packaging market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - inclusions and exclusions checklist
    • Market sizing 2016
      • Table Market size 2016
      • Table Validation techniques employed for market sizing -2016
    • Market size and forecast 2016-2021
      • Table Global flexible plastic packaging market 2016-2021 ($ billions)
      • Table Global – Year-over-year growth 2017-2021 (%)
  • Five forces analysis
    • Table Five forces analysis 2016
    • Table Five forces analysis 2021
    • 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 Five forces analysis
  • Market segmentation by end-user
    • Segmentation by end-user
      • Table End-user – Market share 2016-2021 (%)
    • Comparison by end-user
      • Table Comparison by end-user
    • Food and beverage – Market size and forecast 2016-2021
      • Table Food and beverage – Market size and forecast 2016-2021 ($ billions)
      • Table Food and beverage – Year-over-year growth 2017-2021 (%)
    • Healthcare – Market size and forecast 2016-2021
      • Table Healthcare – Market size and forecast 2016-2021 ($ billions)
      • Table Healthcare – Year-over-year growth 2017-2021 (%)
    • Other end-users – Market size and forecast 2016-2021
      • Table Other end-users – Market size and forecast 2016-2021 ($ billions)
      • Table Other end-users – Year-over-year growth 2017-2021 (%)
    • Market opportunity by end-user
      • Table Market opportunity by end-user
  • Regional landscape
    • Geographical segmentation
      • Table Global – Market share by geography 2016-2021 (%)
    • Regional comparison
      • Table Regional comparison
    • EMEA – Market size and forecast 2016-2021
      • Table EMEA – Market size and forecast 2016-2021 ($ billions)
      • Table EMEA – Year-over-year growth 2017-2021 (%)
      • Table Top 3 countries in EMEA
    • APAC – Market size and forecast 2016-2021
      • Table APAC – Market size and forecast 2016-2021 ($ billions)
      • Table APAC – Year-over-year growth 2017-2021 (%)
      • Table Top 3 countries in APAC
    • Americas – Market size and forecast 2016-2021
      • Table Americas – Market size and forecast 2016-2021 ($ billions)
      • Table Americas – Year-over-year growth 2017-2021 (%)
      • Table Top 3 countries in Americas
    • Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Global plastic film market 2016-2021 ($ billions)
      • Table Global pouch packaging market 2016-2021 ($ billions)
      • Table Global e-commerce market 2016-2021 ($ billions)
    • Market challenges
      • Table Global packaging market 2016 (% revenue)
      • Table Carbon emissions and energy consumption from different flexible plastic material
  • Market trends
    • Growing market consolidation
      • Table Mergers and acquisitions in flexible plastic packaging market
    • Emergence of bio-degradable plastics
    • Growing global digital printing market
      • Table The global digital printing packaging market for flexible plastics ($ billions)
  • Vendor landscape
    • Competitive scenario
  • Vendor analysis
    • Amcor
      • Table Business segmentation of Amcor 2017 (% revenue)
      • Table Amcor: Recent developments
    • Bemis Company
      • Table Business segmentation of Bemis Company 2016 (% revenue)
    • Berry Global
      • Table Product offerings under each business segment
      • Table Berry Global: Recent developments
    • Huhtamaki
      • Table Huhtamaki Group: Segment-wise revenue 2016 (%)
      • Table Huhtamaki: Recent developments
    • Vendor overview
  • Appendix
    • List of abbreviations
  • Explore Technavio

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