Market Overview:
The global recyclable multi-material flexible packaging market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for recyclable multi-material flexible packaging from various end-use industries, such as pharmaceuticals, electronics, food and beverages, medical devices, transportation and logistics, and others. In addition, the growing awareness about environmental protection is also propelling the demand for recyclable multi-material flexible packaging. Based on type of material used in recyclable multi-material flexible packaging products, polyethylene (PE) held a major share of the market in 2017. PE is widely used in manufacturing food wraps and bags owing to its properties such as high strength and toughness coupled with good barrier properties against gases and moisture vapor transmission.
Product Definition:
A type of flexible packaging that can be recycled is made from multiple materials. This type of packaging is important because it helps reduce the amount of waste that is produced.
Polyethylene (PE):
Polyethylene (PE) is a widely used plastic in the packaging industry owing to its properties such as high strength, stiffness, and low weight. PE is primarily derived from crude oil through polymerization. It can be recycled and reused efficiently for further production cycles providing it is processed at the right stage. The demand-supply gap of polyethylene resins has led manufacturers to explore opportunities in niche markets including flexible packaging and electrical & electronics industries over the past few years.
Polypropylene (PP):
Polypropylene is a thermoplastic polymer that can be recycled and used as an alternative to other recyclable plastics. It offers several unique properties such as high strength, stiffness, dimensional stability, low moisture absorption and resistance to chemicals & solvents.
It has been widely accepted in the flexible packaging market due to its excellent barrier properties which prevent food ingredients or aromas from escaping into the atmosphere during storage or transit.
Application Insights:
The electronics application segment led the global recyclable multi-material flexible packaging market in 2017, accounting for over 30.0% of the overall revenue share. The growth can be attributed to increasing demand for electronic products across the globe coupled with growing preference towards sustainable and environment-friendly packaging solutions.
Electronics manufacturers are increasingly focusing on reducing product weight as it has been proven to reduce energy consumption during transportation and increase battery life when packaged in a lightweight package. In addition, there is an increased focus on designing eco-friendly cases that not only protect devices but also enhance their aesthetic appeal by incorporating recycled materials into its design such as paperboard, plastic bottles and aluminum cans among others (Safaricom 2016). This trend is expected to drive the demand for recyclable flexible packaging over the forecast period.
The food & beverage application segment accounted for more than 15% of market share in 2017 owing to rising demand from various industries including dairy, meat processing, bakery.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of the region can be attributed to increasing disposable income, growing population, and rising demand for consumer electronics products. China is a major contributor to regional growth owing to its large-scale production of recyclable materials such as PE, PP and PA along with other plastics.
The European market was valued at USD X million in 2017. Germany emerged as one of the major markets for recycled plastics due to strict regulations regarding waste management by government agencies such as Federal Ministry for Economic Affairs (BMWi) and German Environment Agency (BfR). In addition, stringent laws about single-use plastic products are also encouraging manufacturers in Europe to opt for recycled plastics instead.
Growth Factors:
- Increasing demand for recyclable multi-material flexible packaging from food and beverage industry as it helps in reducing the environmental impact.
- Rising awareness among consumers regarding the benefits of recyclable multi-material flexible packaging over traditional packaging materials such as plastics and aluminum foils.
- Growing popularity of sustainable and eco-friendly packaging solutions among brand owners across different industries.
- Proliferation of ecommerce sector that is fueling the demand for lightweight, durable, and recyclable multi-material flexible packaging solutions to protect products during transit.
Scope Of The Report
Report Attributes
Report Details
Report Title
Recyclable Multi-material Flexible Packaging Market Research Report
By Type
Polyethylene (PE), Polypropylene (PP), Polyamide (PA), EVOH, Polyethylene Terephthalate (PET), Others
By Application
Pharmaceutical, Electronics, Food and Beverages, Medical Devices, Transportation and Logistics, Others
By Companies
DS Smith PLC, Lacroix Emballages SA, Nefab Packaging Inc, Mondi PLC, AVERY DENNISON CORP, Tri-Wall Group
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
164
Number of Tables & Figures
115
Customization Available
Yes, the report can be customized as per your need.
Global Recyclable Multi-material Flexible Packaging Market Report Segments:
The global Recyclable Multi-material Flexible Packaging market is segmented on the basis of:
Types
Polyethylene (PE), Polypropylene (PP), Polyamide (PA), EVOH, Polyethylene Terephthalate (PET), Others
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
Pharmaceutical, Electronics, Food and Beverages, Medical Devices, Transportation and Logistics, 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:
- DS Smith PLC
- Lacroix Emballages SA
- Nefab Packaging Inc
- Mondi PLC
- AVERY DENNISON CORP
- Tri-Wall Group
Highlights of The Recyclable Multi-material Flexible 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:
- Polyethylene (PE)
- Polypropylene (PP)
- Polyamide (PA)
- EVOH
- Polyethylene Terephthalate (PET)
- Others
- By Application:
- Pharmaceutical
- Electronics
- Food and Beverages
- Medical Devices
- Transportation and Logistics
- 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 Recyclable Multi-material Flexible 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
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- 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?
Recyclable Multi-material Flexible Packaging is a type of packaging made from multiple materials that can be recycled. This type of packaging is often made from plastic, paper, and other materials that can be easily recycled.
Some of the key players operating in the recyclable multi-material flexible packaging market are DS Smith PLC, Lacroix Emballages SA, Nefab Packaging Inc, Mondi PLC, AVERY DENNISON CORP, Tri-Wall Group.
The recyclable multi-material flexible packaging market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Recyclable Multi-material Flexible Packaging 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 Recyclable Multi-material Flexible Packaging Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Recyclable Multi-material Flexible Packaging 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 Recyclable Multi-material Flexible Packaging 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 Recyclable Multi-material Flexible Packaging Market Size & Forecast, 2020-2028
4.5.1 Recyclable Multi-material Flexible Packaging Market Size and Y-o-Y Growth
4.5.2 Recyclable Multi-material Flexible Packaging 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 Polyethylene (PE)
5.2.2 Polypropylene (PP)
5.2.3 Polyamide (PA)
5.2.4 EVOH
5.2.5 Polyethylene Terephthalate (PET)
5.2.6 Others
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 Pharmaceutical
6.2.2 Electronics
6.2.3 Food and Beverages
6.2.4 Medical Devices
6.2.5 Transportation and Logistics
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Recyclable Multi-material Flexible Packaging 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 Recyclable Multi-material Flexible Packaging 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 Polyethylene (PE)
9.6.2 Polypropylene (PP)
9.6.3 Polyamide (PA)
9.6.4 EVOH
9.6.5 Polyethylene Terephthalate (PET)
9.6.6 Others
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 Pharmaceutical
9.10.2 Electronics
9.10.3 Food and Beverages
9.10.4 Medical Devices
9.10.5 Transportation and Logistics
9.10.6 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 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 Polyethylene (PE)
10.6.2 Polypropylene (PP)
10.6.3 Polyamide (PA)
10.6.4 EVOH
10.6.5 Polyethylene Terephthalate (PET)
10.6.6 Others
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 Pharmaceutical
10.10.2 Electronics
10.10.3 Food and Beverages
10.10.4 Medical Devices
10.10.5 Transportation and Logistics
10.10.6 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 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 Polyethylene (PE)
11.6.2 Polypropylene (PP)
11.6.3 Polyamide (PA)
11.6.4 EVOH
11.6.5 Polyethylene Terephthalate (PET)
11.6.6 Others
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 Pharmaceutical
11.10.2 Electronics
11.10.3 Food and Beverages
11.10.4 Medical Devices
11.10.5 Transportation and Logistics
11.10.6 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 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 Polyethylene (PE)
12.6.2 Polypropylene (PP)
12.6.3 Polyamide (PA)
12.6.4 EVOH
12.6.5 Polyethylene Terephthalate (PET)
12.6.6 Others
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 Pharmaceutical
12.10.2 Electronics
12.10.3 Food and Beverages
12.10.4 Medical Devices
12.10.5 Transportation and Logistics
12.10.6 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) 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 Polyethylene (PE)
13.6.2 Polypropylene (PP)
13.6.3 Polyamide (PA)
13.6.4 EVOH
13.6.5 Polyethylene Terephthalate (PET)
13.6.6 Others
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 Pharmaceutical
13.10.2 Electronics
13.10.3 Food and Beverages
13.10.4 Medical Devices
13.10.5 Transportation and Logistics
13.10.6 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 Recyclable Multi-material Flexible Packaging Market: Competitive Dashboard
14.2 Global Recyclable Multi-material Flexible Packaging Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DS Smith PLC
14.3.2 Lacroix Emballages SA
14.3.3 Nefab Packaging Inc
14.3.4 Mondi PLC
14.3.5 AVERY DENNISON CORP
14.3.6 Tri-Wall Group
