Market Overview:
The global food and beverage flexible packaging service market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X%. The market growth can be attributed to the increasing demand for processed food and beverages across the globe. In addition, the growing awareness about hygiene and health among consumers has led to an increase in demand for packaged food products. Furthermore, the increasing disposable income of consumers has resulted in an increase in spending on processed foods, which is expected to drive the growth of the global food and beverage flexible packaging service market over the forecast period. On basis of type, paper accounted for a major share of revenue generated by global food and beverage flexible packaging service market in 2017. This can be attributed to its properties such as high barrier against moisture & gases, good printability & sealability, recyclability & biodegradability that make it suitable for use as a primary material for manufacturing flexible packaging products used across various applications including Food Processing Industry (FPI), Beverage Processing Industry (BPI) etc.
Product Definition:
Food and beverage flexible packaging service is the process of providing food and beverage products in a flexible package. This type of packaging is beneficial because it is lightweight, durable, and easy to store. It also allows for a high degree of customization, which makes it an ideal option for marketing new or unique products.
Paper:
Paper is a material made from cellulose fibers that are extracted from natural sources such as wood. Cellulose is the primary raw material used in the manufacturing of paper. The other materials used in the production of paper include ink, water, and chemicals. Paper can be manufactured using cotton or synthetic fibers; however, cotton-based papers are less preferred owing to their low strength and durability as compared to synthetic papers.
Aluminum foil:
Aluminum foil is a thin, protective covering made from aluminum that is used in various food and beverage packaging applications. It offers several advantages such as it can be recycled, it does not react with food products and lastly, it provides excellent barrier properties to moisture. These factors make aluminum an ideal material for flexible packaging solutions which further drives the global market growth.
Application Insights:
The food processing industry accounted for the largest share in 2015 and is anticipated to continue its dominance over the forecast period. The growth of this segment can be attributed to growing demand for packaged foods across the globe. Food processors are increasingly using flexible packaging solutions as they help in saving costs, reduce wastage and also improve product quality.
Food & beverage manufacturers use flexible packaging services such as paper, aluminum foil, plastic or bioplastic film depending upon their requirements. For instance, if a small amount of product needs to be packed then it can be done by using a paper bag whereas if large quantities need to be packed then plastic or aluminum foil sheets are used accordingly.
Beverage manufacturers use flexible packaging services such as paper cups & cartons (for cold drinks), polyethylene terephthalate (PET) bottles (carbonated soft drinks), metal cans (alcoholic beverages) among others according to their requirements.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of processing industries. The U.S., being one of the most developed nations, has been witnessing high demand for packaged food products and related services over the past few years. This trend is expected to continue over the forecast period, thereby supporting regional growth.
Asia Pacific is projected to be one of fastest-growing regions during the forecast period owing to rising disposable income levels and increasing population in countries such as China.
Growth Factors:
- Increasing demand for convenience foods: The modern lifestyle has led to a growing demand for convenient foods that can be easily prepared and consumed. This is driving the growth of the food and beverage flexible packaging service market as it offers an easy and convenient way to package food products.
- Rising disposable income: A rise in disposable income is leading to an increase in spending on food products, which is boosting the growth of the food and beverage flexible packaging service market.
- Growing awareness about health benefits of packaged foods: There is a growing awareness among consumers about the health benefits of packaged foods, which is fueling the demand for food and beverage flexible packaging services.
- Rapid urbanization: The rapid urbanization across emerging economies is creating a large population base that prefers ready-to-eat meals, thereby propelling the growth of the food and beverage flexible packaging service market. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Food And Beverage Flexible Packaging Service Market Research Report
By Type
Paper, Aluminum foil, Plastic, Bioplastic
By Application
Food Processing Industry, Beverage Processing Industry, Others
By Companies
Constantia Flexibles Group, Sonoco Products Company, Berry Plastics Group, Mondi Group, Reynolds Group, Clondalkin Group, Amcor, Huhtamaki Group, Coveris
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
133
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global Food And Beverage Flexible Packaging Service Market Report Segments:
The global Food And Beverage Flexible Packaging Service market is segmented on the basis of:
Types
Paper, Aluminum foil, Plastic, Bioplastic
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 Processing Industry, Beverage Processing Industry, Others
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:
- Constantia Flexibles Group
- Sonoco Products Company
- Berry Plastics Group
- Mondi Group
- Reynolds Group
- Clondalkin Group
- Amcor
- Huhtamaki Group
- Coveris
Highlights of The Food And Beverage Flexible Packaging Service 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:
- Paper
- Aluminum foil
- Plastic
- Bioplastic
- By Application:
- Food Processing Industry
- Beverage Processing Industry
- Others
- 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 Food And Beverage Flexible Packaging Service 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.
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- Correctly Positioning New Products
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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?
Food and beverage flexible packaging service is a type of food packaging that allows for products to be stored at a lower temperature than traditional rigid packages. This can help reduce spoilage and extend the shelf life of food products.
Some of the major players in the food and beverage flexible packaging service market are Constantia Flexibles Group, Sonoco Products Company, Berry Plastics Group, Mondi Group, Reynolds Group, Clondalkin Group, Amcor, Huhtamaki Group, Coveris.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Food And Beverage Flexible Packaging Service 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 Food And Beverage Flexible Packaging Service Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Food And Beverage Flexible Packaging Service 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 Food And Beverage Flexible Packaging Service 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 Food And Beverage Flexible Packaging Service Market Size & Forecast, 2018-2028 4.5.1 Food And Beverage Flexible Packaging Service Market Size and Y-o-Y Growth 4.5.2 Food And Beverage Flexible Packaging Service Market Absolute $ Opportunity
Chapter 5 Global Food And Beverage Flexible Packaging Service 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 Food And Beverage Flexible Packaging Service Market Size Forecast by Type
5.2.1 Paper
5.2.2 Aluminum foil
5.2.3 Plastic
5.2.4 Bioplastic
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Food And Beverage Flexible Packaging Service 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 Food And Beverage Flexible Packaging Service Market Size Forecast by Applications
6.2.1 Food Processing Industry
6.2.2 Beverage Processing Industry
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Food And Beverage Flexible Packaging Service 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 Food And Beverage Flexible Packaging Service 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 Food And Beverage Flexible Packaging Service Analysis and Forecast
9.1 Introduction
9.2 North America Food And Beverage Flexible Packaging Service 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 Food And Beverage Flexible Packaging Service Market Size Forecast by Type
9.6.1 Paper
9.6.2 Aluminum foil
9.6.3 Plastic
9.6.4 Bioplastic
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 Food And Beverage Flexible Packaging Service Market Size Forecast by Applications
9.10.1 Food Processing Industry
9.10.2 Beverage Processing Industry
9.10.3 Others
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 Food And Beverage Flexible Packaging Service Analysis and Forecast
10.1 Introduction
10.2 Europe Food And Beverage Flexible Packaging Service 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 Food And Beverage Flexible Packaging Service Market Size Forecast by Type
10.6.1 Paper
10.6.2 Aluminum foil
10.6.3 Plastic
10.6.4 Bioplastic
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 Food And Beverage Flexible Packaging Service Market Size Forecast by Applications
10.10.1 Food Processing Industry
10.10.2 Beverage Processing Industry
10.10.3 Others
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 Food And Beverage Flexible Packaging Service Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Food And Beverage Flexible Packaging Service 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 Food And Beverage Flexible Packaging Service Market Size Forecast by Type
11.6.1 Paper
11.6.2 Aluminum foil
11.6.3 Plastic
11.6.4 Bioplastic
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 Food And Beverage Flexible Packaging Service Market Size Forecast by Applications
11.10.1 Food Processing Industry
11.10.2 Beverage Processing Industry
11.10.3 Others
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 Food And Beverage Flexible Packaging Service Analysis and Forecast
12.1 Introduction
12.2 Latin America Food And Beverage Flexible Packaging Service 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 Food And Beverage Flexible Packaging Service Market Size Forecast by Type
12.6.1 Paper
12.6.2 Aluminum foil
12.6.3 Plastic
12.6.4 Bioplastic
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 Food And Beverage Flexible Packaging Service Market Size Forecast by Applications
12.10.1 Food Processing Industry
12.10.2 Beverage Processing Industry
12.10.3 Others
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) Food And Beverage Flexible Packaging Service Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Food And Beverage Flexible Packaging Service 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) Food And Beverage Flexible Packaging Service Market Size Forecast by Type
13.6.1 Paper
13.6.2 Aluminum foil
13.6.3 Plastic
13.6.4 Bioplastic
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) Food And Beverage Flexible Packaging Service Market Size Forecast by Applications
13.10.1 Food Processing Industry
13.10.2 Beverage Processing Industry
13.10.3 Others
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 Food And Beverage Flexible Packaging Service Market: Competitive Dashboard
14.2 Global Food And Beverage Flexible Packaging Service Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Constantia Flexibles Group
14.3.2 Sonoco Products Company
14.3.3 Berry Plastics Group
14.3.4 Mondi Group
14.3.5 Reynolds Group
14.3.6 Clondalkin Group
14.3.7 Amcor
14.3.8 Huhtamaki Group
14.3.9 Coveris