Market Overview:
The global flexible industrial packaging market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for packaged food and beverages, rising disposable income, and growing urbanization. In terms of type, the PET segment is expected to grow at a higher CAGR than other segments during the forecast period. This can be attributed to its properties such as high clarity, gas barrier properties, and thermal resistance. In terms of application, the chemical industry segment is projected to grow at a higher CAGR than other segments during the forecast period.
Product Definition:
Flexible industrial packaging is a term used for any type of packaging that is designed to be flexible and adaptable. This type of packaging is often used for products that are delicate or need to be protected from damage during shipping. The importance of flexible industrial packaging is that it can help reduce product damage, which can lead to losses in profits.
PET:
Polyethylene Terephthalate, commonly known as PET or PETE is a non-toxic, lightweight and safe material with high chemical & temperature resistance. It can be recycled and reused efficiently which makes it an eco-friendly choice for FIP packaging. The material offers excellent barrier properties to moisture & gases making it suitable for food contact applications such as bottles, jars & cans among others.
PE:
Polyethylene is a widely used polymer in the flexible industrial packaging market owing to its properties such as high strength, excellent chemical resistance, and low cost. It can be recycled and reused making it sustainable which is an important factor for manufacturers. Polyethylene terephthalate or PET is a non-toxic, lightweight & safe plastic that can be processed at much higher temperatures than other plastics making it ideal for food & beverage applications where safety and hygiene are critical.
Application Insights:
The construction industry was the largest application segment in 2017 and is expected to witness significant growth over the forecast period. The packaging materials used in this industry are capable of withstanding extreme temperatures and humidity, which makes them ideal for construction applications.
Construction equipment requires maintenance every five to seven years, which is projected to drive demand for flexible packaging solutions over the forecast period. In addition, increasing urbanization along with rising demand from infrastructure projects across various regions will fuel product demand in this application segment over the coming years.
Chemical industry accounted for a share of 15% in terms of revenue on account of high chemical consumption as compared to other industries requiring similar sized packaging solutions such as food & beverage or healthcare among others.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing demand for flexible packaging solutions from various end-use industries, such as food & beverage and pharmaceuticals. In addition, rising disposable income levels and improving standards of living are likely to contribute toward industry growth in this region.
Europe accounted for a major share of revenue generated by the global market in 2017 due to high product penetration across several industries including chemical, construction and others. Rapid industrialization coupled with government initiatives aimed at reducing waste has resulted in increased adoption of flexible packaging solutions across Europe’s manufacturing units since past few years; hence driving regional demand over the forecast period.
Growth Factors:
- Increasing demand for lightweight and durable packaging solutions from end-use industries
- Rising popularity of flexible industrial packaging among consumers owing to its convenience and portability
- Proliferation of e-commerce businesses and the need for safe, damage-free shipping of products
- Growing trend of customization in the industrial packaging sector to meet specific requirements of customers
- Technological advancements that enable production of high quality flexible industrial packaging at competitive prices
Scope Of The Report
Report Attributes
Report Details
Report Title
Flexible Industrial Packaging Market Research Report
By Type
PET, PE, PP, Other
By Application
Chemical Industry, Construction Industry, Other
By Companies
Berry Global, Greif, LC Packaging, Mondi Group, Sonoco Products Company, Bemis, Sealed Air Corporation, Amcor Limited, Dart Container, D&W Fine Pack
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Flexible Industrial Packaging Market Report Segments:
The global Flexible Industrial Packaging market is segmented on the basis of:
Types
PET, PE, PP, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Chemical Industry, Construction Industry, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Berry Global
- Greif
- LC Packaging
- Mondi Group
- Sonoco Products Company
- Bemis
- Sealed Air Corporation
- Amcor Limited
- Dart Container
- D&W Fine Pack
Highlights of The Flexible Industrial Packaging Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- PET
- PE
- PP
- Other
- By Application:
- Chemical Industry
- Construction Industry
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Flexible Industrial Packaging Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Flexible industrial packaging is a type of packaging that can be easily opened and closed. This type of packaging is often used to store food or other products.
Some of the major companies in the flexible industrial packaging market are Berry Global, Greif, LC Packaging, Mondi Group, Sonoco Products Company, Bemis, Sealed Air Corporation, Amcor Limited, Dart Container, D&W Fine Pack.
The flexible industrial packaging market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Flexible Industrial Packaging Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Flexible Industrial Packaging Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Flexible Industrial Packaging Market - Supply Chain
4.5. Global Flexible Industrial Packaging Market Forecast
4.5.1. Flexible Industrial Packaging Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Flexible Industrial Packaging Market Size (000 Units) and Y-o-Y Growth
4.5.3. Flexible Industrial Packaging Market Absolute $ Opportunity
5. Global Flexible Industrial Packaging Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Flexible Industrial Packaging Market Size and Volume Forecast by Type
5.3.1. PET
5.3.2. PE
5.3.3. PP
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Flexible Industrial Packaging Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Flexible Industrial Packaging Market Size and Volume Forecast by Application
6.3.1. Chemical Industry
6.3.2. Construction Industry
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Flexible Industrial Packaging Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Flexible Industrial Packaging Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Flexible Industrial Packaging Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Flexible Industrial Packaging Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Flexible Industrial Packaging Demand Share Forecast, 2019-2029
9. North America Flexible Industrial Packaging Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Flexible Industrial Packaging Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Flexible Industrial Packaging Market Size and Volume Forecast by Application
9.4.1. Chemical Industry
9.4.2. Construction Industry
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Flexible Industrial Packaging Market Size and Volume Forecast by Type
9.7.1. PET
9.7.2. PE
9.7.3. PP
9.7.4. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Flexible Industrial Packaging Demand Share Forecast, 2019-2029
10. Latin America Flexible Industrial Packaging Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Flexible Industrial Packaging Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Flexible Industrial Packaging Market Size and Volume Forecast by Application
10.4.1. Chemical Industry
10.4.2. Construction Industry
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Flexible Industrial Packaging Market Size and Volume Forecast by Type
10.7.1. PET
10.7.2. PE
10.7.3. PP
10.7.4. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Flexible Industrial Packaging Demand Share Forecast, 2019-2029
11. Europe Flexible Industrial Packaging Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Flexible Industrial Packaging Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Flexible Industrial Packaging Market Size and Volume Forecast by Application
11.4.1. Chemical Industry
11.4.2. Construction Industry
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Flexible Industrial Packaging Market Size and Volume Forecast by Type
11.7.1. PET
11.7.2. PE
11.7.3. PP
11.7.4. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Flexible Industrial Packaging Demand Share, 2019-2029
12. Asia Pacific Flexible Industrial Packaging Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Flexible Industrial Packaging Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Flexible Industrial Packaging Market Size and Volume Forecast by Application
12.4.1. Chemical Industry
12.4.2. Construction Industry
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Flexible Industrial Packaging Market Size and Volume Forecast by Type
12.7.1. PET
12.7.2. PE
12.7.3. PP
12.7.4. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Flexible Industrial Packaging Demand Share, 2019-2029
13. Middle East & Africa Flexible Industrial Packaging Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Flexible Industrial Packaging Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Flexible Industrial Packaging Market Size and Volume Forecast by Application
13.4.1. Chemical Industry
13.4.2. Construction Industry
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Flexible Industrial Packaging Market Size and Volume Forecast by Type
13.7.1. PET
13.7.2. PE
13.7.3. PP
13.7.4. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Flexible Industrial Packaging Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Flexible Industrial Packaging Market: Market Share Analysis
14.2. Flexible Industrial Packaging Distributors and Customers
14.3. Flexible Industrial Packaging Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Berry Global
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Greif
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. LC Packaging
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Mondi Group
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Sonoco Products Company
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Bemis
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Sealed Air Corporation
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Amcor Limited
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Dart Container
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. D&W Fine Pack
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
