Market Overview:
The global flexible plastics market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for flexible plastics in food, clothing, transportation, and health care applications. In terms of type, the film & sheets segment is expected to lead the global flexible plastics market during the forecast period. This can be attributed to its growing demand for packaging applications in various industries such as food and beverage, cosmetics, and pharmaceuticals.
Product Definition:
Flexible plastics are materials made from polymers that can be easily stretched and shaped. They are often used in products like bags, packaging, and toys. Flexible plastics are important because they are durable, lightweight, and easy to recycle.
Film & Sheets:
Film & sheets are thin layers of plastic films or sheets that are used in packaging, food wrapping and labeling applications. The global market for film & sheet is expected to witness significant growth over the forecast period owing to increasing demand from flexible packaging application coupled with growing usage in other end-use industries such as medical devices, consumer goods and electronics.
Bags and Pouches:
Bags and pouches are used for packaging a wide range of products such as food, consumer goods, chemicals & industrial products among others. The global flexible plastics market is expected to witness significant growth over the forecast period owing to increasing demand from end-use industries including food & beverages, pharmaceuticals and personal care among others.
Application Insights:
The application segment includes food, clothing, household, transportation, health care, entertainment and sports/recreation. The food packaging segment is expected to witness the highest growth over the forecast period owing to increasing demand for fresh fruits and vegetables across various regions. In addition there has been a rise in demand for packaged foods such as frozen meals and ready-to-eat products which are made from flexible plastics.
Food was followed by transportation as the largest application segment of the global market with a share of 29% in 2016.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for nearly half of global population, which makes it a key consumer market. Moreover, rapid industrialization coupled with increasing foreign investments in manufacturing sectors such as automotive and electronics are anticipated to drive product demand over the coming years.
The European market is driven by stringent regulations on single-use plastics and growing awareness about environment protection. Stringent laws have compelled manufacturers/suppliers to develop alternatives using sustainable materials that are cheaper than plastic products resulting in high demand for flexible plastics from Europe during forecast period.
North America emerged as one of the promising regions with U.S.
Growth Factors:
- Increasing demand from the packaging industry for lightweight and flexible products that can be easily transported and stored is expected to drive the growth of the global flexible plastics market over the forecast period.
- Rising demand for medical devices, such as disposable gloves, syringes, and tubing made from flexible plastics is anticipated to propel market growth.
- Growing use of plastic films in agriculture for mulching, crop protection, and greenhouse applications is projected to boost demand for flexible plastics in the near future.
- Rapid expansion of automotive industry in emerging economies is likely to create new opportunities for players operating in the global Flexible Plastics market .
Scope Of The Report
Report Attributes
Report Details
Report Title
Flexible Plastics Market Research Report
By Type
Film & Sheets, Bags and Pouches, Squeezable Products, Other
By Application
Food, Clothing, Household, Transportation, Health Care, Communication/Entertainment, Sports and Recreation
By Companies
Braskem S.A., Keltic Petrochemicals Inc., Nova Chemicals Corporation, Advanced Drainage Systems, Inc., Aep Industries, Inc., American Excelsior Company, Alpla-Werke Alwinlehner Gbmh & Co. KG, Borealis AG, Chemson Group, Constantia Packaging AG, Braskem S.A., Cardia Bioplastics, Qenos Pty. Ltd., China Array Plastics LLC
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
200
Number of Tables & Figures
140
Customization Available
Yes, the report can be customized as per your need.
Global Flexible Plastics Market Report Segments:
The global Flexible Plastics market is segmented on the basis of:
Types
Film & Sheets, Bags and Pouches, Squeezable Products, 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
Food, Clothing, Household, Transportation, Health Care, Communication/Entertainment, Sports and Recreation
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:
- Braskem S.A.
- Keltic Petrochemicals Inc.
- Nova Chemicals Corporation
- Advanced Drainage Systems, Inc.
- Aep Industries, Inc.
- American Excelsior Company
- Alpla-Werke Alwinlehner Gbmh & Co. KG
- Borealis AG
- Chemson Group
- Constantia Packaging AG
- Braskem S.A.
- Cardia Bioplastics
- Qenos Pty. Ltd.
- China Array Plastics LLC
Highlights of The Flexible Plastics 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:
- Film & Sheets
- Bags and Pouches
- Squeezable Products
- Other
- By Application:
- Food
- Clothing
- Household
- Transportation
- Health Care
- Communication/Entertainment
- Sports and Recreation
- 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 Plastics 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
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- Understanding Competition Scenario
- Product & Brand Management
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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 plastics are a type of plastic that can be stretched or molded to different shapes. They are often used in products that need to be flexible, such as packaging and toys.
Some of the key players operating in the flexible plastics market are Braskem S.A., Keltic Petrochemicals Inc., Nova Chemicals Corporation, Advanced Drainage Systems, Inc., Aep Industries, Inc., American Excelsior Company, Alpla-Werke Alwinlehner Gbmh & Co. KG, Borealis AG, Chemson Group, Constantia Packaging AG, Braskem S.A., Cardia Bioplastics, Qenos Pty. Ltd., China Array Plastics LLC.
The flexible plastics market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Flexible Plastics Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Flexible Plastics Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Flexible Plastics Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Flexible Plastics Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Flexible Plastics Market Size & Forecast, 2020-2028 4.5.1 Flexible Plastics Market Size and Y-o-Y Growth 4.5.2 Flexible Plastics Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Film & Sheets
5.2.2 Bags and Pouches
5.2.3 Squeezable Products
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Food
6.2.2 Clothing
6.2.3 Household
6.2.4 Transportation
6.2.5 Health Care
6.2.6 Communication/Entertainment
6.2.7 Sports and Recreation
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Flexible Plastics Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Flexible Plastics Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Film & Sheets
9.6.2 Bags and Pouches
9.6.3 Squeezable Products
9.6.4 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Food
9.10.2 Clothing
9.10.3 Household
9.10.4 Transportation
9.10.5 Health Care
9.10.6 Communication/Entertainment
9.10.7 Sports and Recreation
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Film & Sheets
10.6.2 Bags and Pouches
10.6.3 Squeezable Products
10.6.4 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Food
10.10.2 Clothing
10.10.3 Household
10.10.4 Transportation
10.10.5 Health Care
10.10.6 Communication/Entertainment
10.10.7 Sports and Recreation
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Film & Sheets
11.6.2 Bags and Pouches
11.6.3 Squeezable Products
11.6.4 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Food
11.10.2 Clothing
11.10.3 Household
11.10.4 Transportation
11.10.5 Health Care
11.10.6 Communication/Entertainment
11.10.7 Sports and Recreation
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Film & Sheets
12.6.2 Bags and Pouches
12.6.3 Squeezable Products
12.6.4 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Food
12.10.2 Clothing
12.10.3 Household
12.10.4 Transportation
12.10.5 Health Care
12.10.6 Communication/Entertainment
12.10.7 Sports and Recreation
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Film & Sheets
13.6.2 Bags and Pouches
13.6.3 Squeezable Products
13.6.4 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Food
13.10.2 Clothing
13.10.3 Household
13.10.4 Transportation
13.10.5 Health Care
13.10.6 Communication/Entertainment
13.10.7 Sports and Recreation
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Flexible Plastics Market: Competitive Dashboard
14.2 Global Flexible Plastics Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Braskem S.A.
14.3.2 Keltic Petrochemicals Inc.
14.3.3 Nova Chemicals Corporation
14.3.4 Advanced Drainage Systems, Inc.
14.3.5 Aep Industries, Inc.
14.3.6 American Excelsior Company
14.3.7 Alpla-Werke Alwinlehner Gbmh & Co. KG
14.3.8 Borealis AG
14.3.9 Chemson Group
14.3.10 Constantia Packaging AG
14.3.11 Braskem S.A.
14.3.12 Cardia Bioplastics
14.3.13 Qenos Pty. Ltd.
14.3.14 China Array Plastics LLC