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The Converted Flexible Packaging market size was valued at USD 19.23 Billion in 2023 and is expected to reach a market size of USD 27.60 billion by the end of 2032 at CAGR about 4.10% during the forecast period of 2024-2032.
The converted flexible packaging market is experiencing robust growth, driven by technological advancements, sustainability trends, and the increasing demand for convenience packaging. According to the Flexible Packaging Association (FPA), flexible packaging currently holds a 21% share of the packaging market in the U.S. This sector is poised for further expansion as manufacturers invest in innovations in printing, laminating, and sealing technologies, enabling higher quality and customizable packaging solutions that enhance product appeal and shelf life. Sustainability has become a focal point within the industry, exemplified by initiatives such as the collaboration between SABIC, Lamb Weston, and OPACKGROUP. Their packaging for frozen potato products incorporates at least 60% polymer made from bio-feedstock derived from used cooking oil (UCO), reducing the carbon footprint of the previous design by 30%. The process begins with the collection of UCO from Lamb Weston’s production, which is then converted into bio-feedstock to produce certified bio-renewable SABIC HDPE (high-density polyethylene) and Supeer mLLDPE (metallocene linear low-density polyethylene) polymers. Oerlemans Plastics, part of OPACKGROUP, then transforms these polymers into a multilayer PE film for the packaging.
At PACK EXPO International 2024, Constantia Flexibles, the world’s third-largest producer of flexible packaging, will highlight its latest sustainable innovations, with 91% of its products designed for recycling or featuring recyclable alternatives. This aligns with the growing emphasis on sustainability across industries, as brands adopt eco-friendly materials and practices to meet consumer demands. The surge in e-commerce has also amplified the need for versatile and durable packaging solutions that can withstand shipping challenges while appealing to consumers. By 2032, the market is expected to continue its upward trajectory, propelled by ongoing advancements in packaging technology, increasing consumer preferences for sustainable options, and the significant growth of the food and beverage sector.
Drivers
Driving Factor for Converted Flexible Packaging the Demand for Convenience and Sustainability.
The growing demand for convenience-oriented processed food products is significantly driving the transformation of flexible packaging, which typically employs high-barrier, high-grade materials to ensure longer shelf life. There is also a noticeable shift toward environmentally friendly packaging formats, with innovations like auto-venting films enabling frozen and other foods to steam inside their packages, representing a major technological advancement. The expansion of the e-commerce market further boosts the demand for cardboard and corrugated products, particularly among transportation and logistics companies. Moreover, the eco-friendliness of packaging materials has gained popularity, contributing to market growth. Aluminum foil, widely recognized for its ability to preserve product integrity, is a favored material in converted flexible packaging. According to the European Aluminum Foil Association, deliveries from European foil rollers reached 245,000 tonnes in the first quarter of 2021, a 2.3% increase compared to 2020, driven largely by strong overseas market performance, which saw over 10% growth. The transformed flexible packaging industry is also witnessing an increasing trend toward innovative products, such as controlled and modified atmosphere packaging (CAP/MAP), which extends the shelf life of perishables like produce and meat. As consumer preferences continue to evolve toward convenience and sustainability, the flexible packaging market is poised for significant growth, catering to the dynamic needs of modern consumers while prioritizing environmental considerations.
Restraints
Consumer perception plays a pivotal role in shaping the demand for packaging solutions, particularly in the context of growing awareness about plastic waste and its environmental implications.
As consumers become increasingly conscious of their ecological footprint, many are shifting towards alternative packaging options, such as biodegradable or compostable materials. Reports indicate that consumers are not only seeking functionality but also aligning their purchasing decisions with brands that demonstrate environmental responsibility. Consequently, this growing preference can limit the market potential for traditional flexible packaging solutions, as consumers may actively avoid products packaged in non-sustainable materials. Moreover, the call for transparency in packaging practices adds another layer of complexity. Consumers are now scrutinizing the lifecycle of packaging materials and demanding clear information about recyclability and sustainability. Brands that fail to adapt to these expectations risk losing market share to competitors that prioritize eco-friendly practices. This shift in consumer behavior is driving the need for innovation in sustainable packaging solutions, compelling manufacturers in the converted flexible packaging market to rethink their strategies. Embracing eco-friendly alternatives is not just a trend; it has become a crucial factor in maintaining competitiveness. Ultimately, addressing consumer perceptions regarding environmental impact is essential for the long-term viability of the converted flexible packaging market, making sustainability a vital consideration in product development and marketing strategies.
By Material
In the Converted Flexible Packaging market, plastic has established itself as the leading material, capturing around 66% of the revenue share in 2023. This dominance can be attributed to several factors that underscore the advantages of plastic compared to other materials. Plastic packaging is favored for a variety of applications, including food, beverages, personal care items, and pharmaceuticals, due to its lightweight and versatile nature. It is suitable for multiple formats, such as pouches, films, and bags. Additionally, plastics exhibit excellent barrier properties that help maintain the freshness and shelf life of products. High-barrier films made from polyethylene (PE), polypropylene (PP), and polyvinyl chloride (PVC) protect contents from moisture, oxygen, and light, ensuring product integrity. Moreover, the customization and flexibility offered by plastic packaging are significant advantages, allowing brands to easily print designs and create various shapes and sizes. This capability enhances product visibility on store shelves. Companies like Amcor are leading the way with innovations such as their AmLite Ultra Recyclable packaging, made from mono-material plastics that combine high barrier properties with recyclability, and Berry Global’s Beverage Pack line, which employs advanced barrier technologies to ensure product freshness while minimizing material use and environmental impact.
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By Type
In the Converted Flexible Packaging market, bags and pouches have emerged as the leading type, capturing a substantial 46% of the revenue in 2023. Their dominance is driven by several key advantages, including versatility across sectors such as food and beverages, personal care, and pharmaceuticals, allowing for a wide range of applications from snacks and frozen foods to liquids and dry products. The lightweight and portable nature of bags and pouches makes them ideal for on-the-go consumption, often featuring convenient closures like zip locks and spouts. Many of these packaging solutions incorporate advanced barrier technologies that protect products from moisture, oxygen, and light, effectively extending shelf life—an essential factor in the food industry. Additionally, bags and pouches are typically more cost-effective to produce compared to rigid packaging options, attracting manufacturers focused on reducing expenses while maintaining quality. As consumer demand for environmentally friendly packaging continues to rise, manufacturers are increasingly developing recyclable and compostable options, further driving growth in this segment.
North America has emerged as the leading region in the Converted Flexible Packaging market, accounting for approximately 35% of total revenue in 2023. This dominance is driven by the growing demand for convenient packaging solutions across sectors like food and beverages, personal care, and pharmaceuticals. The fast-paced lifestyles of consumers have heightened the preference for on-the-go products, increasing the popularity of flexible packaging formats such as bags, pouches, and films. Additionally, North America is home to several leading packaging companies that focus on research and development, resulting in advanced technologies that enhance product preservation and sustainability. Companies like Amcor and Berry Global have introduced innovative solutions, including AmLite Ultra Recyclable packaging and the Beverage Pack line, which aim to improve recyclability and reduce environmental impact.
The U.S. and Canada are also making significant strides in sustainable practices, with government initiatives aimed at reducing plastic waste and promoting recycling. The rise of e-commerce has further fueled the demand for lightweight and protective packaging solutions, prompting manufacturers to adapt their strategies accordingly.
Asia Pacific is recognized as the fastest-growing region in the Converted Flexible Packaging market in 2023, propelled by a mix of strong economic development, shifting consumer preferences, and innovative packaging solutions. This growth is largely attributed to rapid population increase and urbanization in countries like China and India, where a rising middle class is driving demand for convenience-focused products such as ready-to-eat meals and on-the-go snacks. The popularity of flexible packaging formats, including pouches and bags, is a direct response to these changing consumer needs. Additionally, the region is experiencing significant advancements in packaging technology, with companies investing in research and development to improve product quality and sustainability, such as the introduction of bio-based plastics and recyclable materials. The rise of e-commerce further fuels demand for lightweight, protective, and user-friendly packaging, particularly in markets like Japan and Australia. Country-specific initiatives, like India’s promotion of recyclable materials and China’s stringent regulations on packaging waste, are fostering sustainable practices among manufacturers. Furthermore, companies such as Amcor and Berry Global are launching innovative products tailored for the Asian market, contributing to the region's ongoing growth and development in the flexible packaging sector.
Some of the major key players in Converted Flexible Packaging with product:
Amcor plc (Flexible packaging solutions for food, beverage, and pharmaceutical industries)
Berry Global Inc. (Plastic films, bags, and pouches)
Sealed Air Corporation (Bubble wrap and protective packaging solutions)
Mondi Group (Kraft paper and flexible films for various applications)
Huhtamaki Oyj (Food packaging and foodservice products)
Constantia Flexibles Group GmbH (Flexible packaging for the food, pharma, and consumer goods sectors)
WestRock Company (Flexible packaging solutions and paper products)
Sonoco Products Company (Flexible packaging for snacks, beverages, and personal care)
Wipak Group (High-barrier packaging solutions for food and medical applications)
Ball Corporation (Aluminum and flexible packaging products)
ProAmpac LLC (Pouches, films, and laminates for food and retail)
Graham Packaging Company (Custom blow-molded plastic containers)
Clondalkin Group (Flexible packaging and labels for the food and pharmaceutical sectors)
Packaging Corporation of America (Paper-based packaging solutions)
Printpack Inc. (Flexible packaging for snacks, beverages, and healthcare)
Innovative Packaging Corporation (Custom flexible packaging solutions)
Sappi Lanaken Mills (Specialty papers and flexible packaging)
Coveris Holdings S.A. (Flexible packaging and labels for food and consumer goods)
Smurfit Kappa Group (Paper-based packaging and flexible products)
AptarGroup, Inc. (Dispensing and closure systems for flexible packaging)
Procter & Gamble
Nestlé S.A.
Coca-Cola Company
PepsiCo, Inc.
Unilever
Mondelez International
Johnson & Johnson
Danone S.A.
Kraft Heinz Company
General Mills, Inc.
04 June 2024: ePac Flexible Packaging has entered a multiyear strategic agreement to convert its fleet to the HP Indigo 200K, enhancing its digital print capabilities with improved speed, quality, and customization to meet rising customer demands for sustainable packaging.
May 2, 2024: A recent development in India highlights the introduction of 20-liter lubricant pails made from 50% post-consumer recycled content, marking a significant milestone as the first pail packaging for lubricants in the country; this initiative has recycled the equivalent of approximately 2.3 million plastic bottles.
Report Attributes | Details |
---|---|
Market Size in 2023 | USD 19.23 Billion |
Market Size by 2032 | USD 27.60 Billion |
CAGR | CAGR of 4.10% From 2024 to 2032 |
Base Year | 2023 |
Forecast Period | 2024-2032 |
Historical Data | 2020-2022 |
Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
Key Segments | • By Material (Plastic, Paper, and Aluminum) • By Type (Bags & Pouches, Sachets & Stick Packs, Films & Labels, Cartons, and Others) • By Application (Food & Beverage, Healthcare, Personal Care & Cosmetics, Retail, Electrical & Electronics, and Others) |
Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia-Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia-Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
Company Profiles | Amcor plc, Berry Global Inc., Sealed Air Corporation, Mondi Group, Huhtamaki Oyj, Constantia Flexibles Group GmbH, WestRock Company, Sonoco Products Company, Wipak Group, Ball Corporation, ProAmpac LLC, Graham Packaging Company, Clondalkin Group, Packaging Corporation of America, Printpack Inc., Innovative Packaging Corporation, Sappi Lanaken Mills, Coveris Holdings S.A., Smurfit Kappa Group, and AptarGroup, Inc. |
Key Drivers | • Driving Factor for Converted Flexible Packaging the Demand for Convenience and Sustainability. |
RESTRAINTS | • Consumer perception plays a pivotal role in shaping the demand for packaging solutions, particularly in the context of growing awareness about plastic waste and its environmental implications. |
Ans. The primary growth tactics of market participants include merger and acquisition, business expansion, and product launch.
Ans: Major factors driving the Converted Flexible Packaging Market include the increasing demand for convenience packaging, sustainability initiatives, growth in the food and beverage industry, and advancements in packaging technology.
Ans: The Converted Flexible Packaging market size was valued at USD 19.23 Billion in 2023 and is expected to reach a market size of USD 27.60 billion by the end of 2032 at CAGR about 4.10% during the forecast period of 2024-2032.
Ans: Plastic is the dominating segment in Converted Flexible Packaging Market in 2023.
Ans: North America is dominating in Converted Flexible Packaging market in 2023
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope (Inclusion and Exclusions)
1.3 Research Assumptions
2. Executive Summary
2.1 Market Overview
2.2 Regional Synopsis
2.3 Competitive Summary
3. Research Methodology
3.1 Top-Down Approach
3.2 Bottom-up Approach
3.3. Data Validation
3.4 Primary Interviews
4. Market Dynamics Impact Analysis
4.1 Market Driving Factors Analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2 PESTLE Analysis
4.3 Porter’s Five Forces Model
5. Statistical Insights and Trends Reporting
5.1 Production Capacity and Utilization Analysis by Region
5.2 Feedstock Prices Analysis by Region
5.3 Regulatory Impact: Effects of regulations on production and usage.
5.4 Environmental Metrics Analysis by Region
5.5 Innovation and R&D
6. Competitive Landscape
6.1 List of Major Companies, By Region
6.2 Market Share Analysis, By Region
6.3 Product Benchmarking
6.3.1 Product specifications and features
6.3.2 Pricing
6.4 Strategic Initiatives
6.4.1 Marketing and promotional activities
6.4.2 Distribution and supply chain strategies
6.4.3 Expansion plans and new product launches
6.4.4 Strategic partnerships and collaborations
6.5 Technological Advancements
6.6 Market Positioning and Branding
7. Converted Flexible Packaging Market Segmentation, by Material
7.1 Chapter Overview
7.2 Plastic
7.2.1 Plastic Market Trends Analysis (2020-2032)
7.2.2 Plastic Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3 Paper
7.3.1 Paper Market Trends Analysis (2020-2032)
7.3.2 Paper Market Size Estimates and Forecasts to 2032 (USD Billion)
7.4 Aluminum
7.4.1 Aluminum Market Trends Analysis (2020-2032)
7.4.2 Aluminum Market Size Estimates and Forecasts to 2032 (USD Billion)
8. Converted Flexible Packaging Market Segmentation, by Type
8.1 Chapter Overview
8.2 Bags & Pouches
8.2.1 Bags & Pouches Market Trends Analysis (2020-2032)
8.2.2 Bags & Pouches Market Size Estimates and Forecasts to 2032 (USD Billion)
8.3 Sachets & Stick Packs
8.3.1 Sachets & Stick Packs Market Trends Analysis (2020-2032)
8.3.2 Sachets & Stick Packs Market Size Estimates and Forecasts to 2032 (USD Billion)
8.4 Films & Labels
8.4.1 Films & Labels Market Trends Analysis (2020-2032)
8.4.2 Films & Labels Market Size Estimates and Forecasts to 2032 (USD Billion)
8.5 Cartons
8.5.1 Cartons Market Trends Analysis (2020-2032)
8.5.2 Cartons Market Size Estimates and Forecasts to 2032 (USD Billion)
8.6 Others
8.6.1 Others Market Trends Analysis (2020-2032)
8.6.2 Others Market Size Estimates and Forecasts to 2032 (USD Billion)
9. Converted Flexible Packaging Market Segmentation, by Application
9.1 Chapter Overview
9.2 Food & Beverage
9.2.1 Food & Beverage Market Trends Analysis (2020-2032)
9.2.2 Food & Beverage Market Size Estimates and Forecasts to 2032 (USD Billion)
9.3 Healthcare
9.3.1 Healthcare Market Trends Analysis (2020-2032)
9.3.2 Healthcare Market Size Estimates and Forecasts to 2032 (USD Billion)
9.4 Personal Care & Cosmetics
9.4.1 Personal Care & Cosmetics Market Trends Analysis (2020-2032)
9.4.2 Personal Care & Cosmetics Market Size Estimates and Forecasts to 2032 (USD Billion)
9.5 Retail
9.5.1 Retail Market Trends Analysis (2020-2032)
9.5.2 Retail Market Size Estimates and Forecasts to 2032 (USD Billion)
9.6 Electrical & Electronics
9.6.1 Electrical & Electronics Market Trends Analysis (2020-2032)
9.6.2 Electrical & Electronics Market Size Estimates and Forecasts to 2032 (USD Billion)
9.7 Others
9.7.1 Others Market Trends Analysis (2020-2032)
9.7.2 Others Market Size Estimates and Forecasts to 2032 (USD Billion)
10. Regional Analysis
10.1 Chapter Overview
10.2 North America
10.2.1 Trends Analysis
10.2.2 North America Converted Flexible Packaging Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.2.3 North America Converted Flexible Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.2.4 North America Converted Flexible Packaging Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.2.5 North America Converted Flexible Packaging Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.2.6 USA
10.2.6.1 USA Converted Flexible Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.2.6.2 USA Converted Flexible Packaging Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.2.6.3 USA Converted Flexible Packaging Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.2.7 Canada
10.2.7.1 Canada Converted Flexible Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.2.7.2 Canada Converted Flexible Packaging Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.2.7.3 Canada Converted Flexible Packaging Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.2.8 Mexico
10.2.8.1 Mexico Converted Flexible Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.2.8.2 Mexico Converted Flexible Packaging Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.2.8.3 Mexico Converted Flexible Packaging Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3 Europe
10.3.1 Eastern Europe
10.3.1.1 Trends Analysis
10.3.1.2 Eastern Europe Converted Flexible Packaging Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.3.1.3 Eastern Europe Converted Flexible Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.3.1.4 Eastern Europe Converted Flexible Packaging Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.3.1.5 Eastern Europe Converted Flexible Packaging Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.1.6 Poland
10.3.1.6.1 Poland Converted Flexible Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.3.1.6.2 Poland Converted Flexible Packaging Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.3.1.6.3 Poland Converted Flexible Packaging Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.1.7 Romania
10.3.1.7.1 Romania Converted Flexible Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.3.1.7.2 Romania Converted Flexible Packaging Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.3.1.7.3 Romania Converted Flexible Packaging Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.1.8 Hungary
10.3.1.8.1 Hungary Converted Flexible Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.3.1.8.2 Hungary Converted Flexible Packaging Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.3.1.8.3 Hungary Converted Flexible Packaging Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.1.9 Turkey
10.3.1.9.1 Turkey Converted Flexible Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.3.1.9.2 Turkey Converted Flexible Packaging Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.3.1.9.3 Turkey Converted Flexible Packaging Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.1.10 Rest of Eastern Europe
10.3.1.10.1 Rest of Eastern Europe Converted Flexible Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.3.1.10.2 Rest of Eastern Europe Converted Flexible Packaging Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.3.1.10.3 Rest of Eastern Europe Converted Flexible Packaging Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2 Western Europe
10.3.2.1 Trends Analysis
10.3.2.2 Western Europe Converted Flexible Packaging Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.3.2.3 Western Europe Converted Flexible Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.3.2.4 Western Europe Converted Flexible Packaging Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.3.2.5 Western Europe Converted Flexible Packaging Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.6 Germany
10.3.2.6.1 Germany Converted Flexible Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.3.2.6.2 Germany Converted Flexible Packaging Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.3.2.6.3 Germany Converted Flexible Packaging Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.7 France
10.3.2.7.1 France Converted Flexible Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.3.2.7.2 France Converted Flexible Packaging Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.3.2.7.3 France Converted Flexible Packaging Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.8 UK
10.3.2.8.1 UK Converted Flexible Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.3.2.8.2 UK Converted Flexible Packaging Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.3.2.8.3 UK Converted Flexible Packaging Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.9 Italy
10.3.2.9.1 Italy Converted Flexible Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.3.2.9.2 Italy Converted Flexible Packaging Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.3.2.9.3 Italy Converted Flexible Packaging Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.10 Spain
10.3.2.10.1 Spain Converted Flexible Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.3.2.10.2 Spain Converted Flexible Packaging Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.3.2.10.3 Spain Converted Flexible Packaging Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.11 Netherlands
10.3.2.11.1 Netherlands Converted Flexible Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.3.2.11.2 Netherlands Converted Flexible Packaging Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.3.2.11.3 Netherlands Converted Flexible Packaging Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.12 Switzerland
10.3.2.12.1 Switzerland Converted Flexible Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.3.2.12.2 Switzerland Converted Flexible Packaging Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.3.2.12.3 Switzerland Converted Flexible Packaging Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.13 Austria
10.3.2.13.1 Austria Converted Flexible Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.3.2.13.2 Austria Converted Flexible Packaging Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.3.2.13.3 Austria Converted Flexible Packaging Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.14 Rest of Western Europe
10.3.2.14.1 Rest of Western Europe Converted Flexible Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.3.2.14.2 Rest of Western Europe Converted Flexible Packaging Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.3.2.14.3 Rest of Western Europe Converted Flexible Packaging Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.4 Asia Pacific
10.4.1 Trends Analysis
10.4.2 Asia Pacific Converted Flexible Packaging Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.4.3 Asia Pacific Converted Flexible Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.4.4 Asia Pacific Converted Flexible Packaging Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.4.5 Asia Pacific Converted Flexible Packaging Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.4.6 China
10.4.6.1 China Converted Flexible Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.4.6.2 China Converted Flexible Packaging Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.4.6.3 China Converted Flexible Packaging Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.4.7 India
10.4.7.1 India Converted Flexible Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.4.7.2 India Converted Flexible Packaging Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.4.7.3 India Converted Flexible Packaging Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.4.8 Japan
10.4.8.1 Japan Converted Flexible Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.4.8.2 Japan Converted Flexible Packaging Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.4.8.3 Japan Converted Flexible Packaging Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.4.9 South Korea
10.4.9.1 South Korea Converted Flexible Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.4.9.2 South Korea Converted Flexible Packaging Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.4.9.3 South Korea Converted Flexible Packaging Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.4.10 Vietnam
10.4.10.1 Vietnam Converted Flexible Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.4.10.2 Vietnam Converted Flexible Packaging Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.4.10.3 Vietnam Converted Flexible Packaging Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.4.11 Singapore
10.4.11.1 Singapore Converted Flexible Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.4.11.2 Singapore Converted Flexible Packaging Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.4.11.3 Singapore Converted Flexible Packaging Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.4.12 Australia
10.4.12.1 Australia Converted Flexible Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.4.12.2 Australia Converted Flexible Packaging Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.4.12.3 Australia Converted Flexible Packaging Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.4.13 Rest of Asia Pacific
10.4.13.1 Rest of Asia Pacific Converted Flexible Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.4.13.2 Rest of Asia Pacific Converted Flexible Packaging Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.4.13.3 Rest of Asia Pacific Converted Flexible Packaging Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5 Middle East and Africa
10.5.1 Middle East
10.5.1.1 Trends Analysis
10.5.1.2 Middle East Converted Flexible Packaging Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.5.1.3 Middle East Converted Flexible Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.5.1.4 Middle East Converted Flexible Packaging Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.5.1.5 Middle East Converted Flexible Packaging Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.1.6 UAE
10.5.1.6.1 UAE Converted Flexible Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.5.1.6.2 UAE Converted Flexible Packaging Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.5.1.6.3 UAE Converted Flexible Packaging Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.1.7 Egypt
10.5.1.7.1 Egypt Converted Flexible Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.5.1.7.2 Egypt Converted Flexible Packaging Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.5.1.7.3 Egypt Converted Flexible Packaging Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.1.8 Saudi Arabia
10.5.1.8.1 Saudi Arabia Converted Flexible Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.5.1.8.2 Saudi Arabia Converted Flexible Packaging Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.5.1.8.3 Saudi Arabia Converted Flexible Packaging Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.1.9 Qatar
10.5.1.9.1 Qatar Converted Flexible Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.5.1.9.2 Qatar Converted Flexible Packaging Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.5.1.9.3 Qatar Converted Flexible Packaging Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.1.10 Rest of Middle East
10.5.1.10.1 Rest of Middle East Converted Flexible Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.5.1.10.2 Rest of Middle East Converted Flexible Packaging Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.5.1.10.3 Rest of Middle East Converted Flexible Packaging Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.2 Africa
10.5.2.1 Trends Analysis
10.5.2.2 Africa Converted Flexible Packaging Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.5.2.3 Africa Converted Flexible Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.5.2.4 Africa Converted Flexible Packaging Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.5.2.5 Africa Converted Flexible Packaging Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.2.6 South Africa
10.5.2.6.1 South Africa Converted Flexible Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.5.2.6.2 South Africa Converted Flexible Packaging Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.5.2.6.3 South Africa Converted Flexible Packaging Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.2.7 Nigeria
10.5.2.7.1 Nigeria Converted Flexible Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.5.2.7.2 Nigeria Converted Flexible Packaging Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.5.2.7.3 Nigeria Converted Flexible Packaging Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.2.8 Rest of Africa
10.5.2.8.1 Rest of Africa Converted Flexible Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.5.2.8.2 Rest of Africa Converted Flexible Packaging Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.5.2.8.3 Rest of Africa Converted Flexible Packaging Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.6 Latin America
10.6.1 Trends Analysis
10.6.2 Latin America Converted Flexible Packaging Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.6.3 Latin America Converted Flexible Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.6.4 Latin America Converted Flexible Packaging Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.6.5 Latin America Converted Flexible Packaging Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.6.6 Brazil
10.6.6.1 Brazil Converted Flexible Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.6.6.2 Brazil Converted Flexible Packaging Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.6.6.3 Brazil Converted Flexible Packaging Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.6.7 Argentina
10.6.7.1 Argentina Converted Flexible Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.6.7.2 Argentina Converted Flexible Packaging Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.6.7.3 Argentina Converted Flexible Packaging Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.6.8 Colombia
10.6.8.1 Colombia Converted Flexible Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.6.8.2 Colombia Converted Flexible Packaging Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.6.8.3 Colombia Converted Flexible Packaging Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.6.9 Rest of Latin America
10.6.9.1 Rest of Latin America Converted Flexible Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.6.9.2 Rest of Latin America Converted Flexible Packaging Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.6.9.3 Rest of Latin America Converted Flexible Packaging Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
11. Company Profiles
11.1 Amcor plc
11.1.1 Company Overview
11.1.2 Financial
11.1.3 Products/ Services Offered
11.1.4 SWOT Analysis
11.2 Berry Global Inc.
11.2.1 Company Overview
11.2.2 Financial
11.2.3 Products/ Services Offered
11.2.4 SWOT Analysis
11.3 Sealed Air Corporation
11.3.1 Company Overview
11.3.2 Financial
11.3.3 Products/ Services Offered
11.3.4 SWOT Analysis
11.4 Mondi Group
11.4.1 Company Overview
11.4.2 Financial
11.4.3 Products/ Services Offered
11.4.4 SWOT Analysis
11.5 Huhtamaki Oyj
11.5.1 Company Overview
11.5.2 Financial
11.5.3 Products/ Services Offered
11.5.4 SWOT Analysis
11.6 Constantia Flexibles Group GmbH
11.6.1 Company Overview
11.6.2 Financial
11.6.3 Products/ Services Offered
11.6.4 SWOT Analysis
11.7 WestRock Company
11.7.1 Company Overview
11.7.2 Financial
11.7.3 Products/ Services Offered
11.7.4 SWOT Analysis
11.8 Sonoco Products Company
11.8.1 Company Overview
11.8.2 Financial
11.8.3 Products/ Services Offered
11.8.4 SWOT Analysis
11.9 Wipak Group
11.9.1 Company Overview
11.9.2 Financial
11.9.3 Products/ Services Offered
11.9.4 SWOT Analysis
11.10 Ball Corporation
11.10.1 Company Overview
11.10.2 Financial
11.10.3 Products/ Services Offered
11.10.4 SWOT Analysis
12. Use Cases and Best Practices
13. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
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The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
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This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
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Key Segments:
By Material
Plastic
Paper
Aluminum
By Types
Bags & Pouches
Sachets & Stick Packs
Films & Labels
Cartons
Others
By Application
Food & Beverage
Healthcare
Personal Care & Cosmetics
Retail
Electrical & Electronics
Others
Request for Segment Customization as per your Business Requirement: Segment Customization Request
REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia-Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of the Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
Request for Country Level Research Report: Country Level Customization Request
Available Customization
With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:
Product Analysis
Criss-Cross segment analysis (e.g. Product X Application)
Product Matrix which gives a detailed comparison of the product portfolio of each company
Geographic Analysis
Additional countries in any of the regions
Company Information
Detailed analysis and profiling of additional market players (Up to five)
The Cheese Packaging Market, valued at USD 3.59 billion in 2023, is anticipated to reach USD 5.36 billion by 2032, growing at a CAGR of 4.60% by 2032.
The Single-Use Packaging Market size was USD 26.12 billion in 2023 and is expected to Reach USD 42.27 billion by 2031 and grow at a CAGR of 6.2% over the forecast period of 2024-2031.
The Recyclable Packaging Market size was USD 9.75 billion in 2023 and is expected to Reach USD 14.24 billion by 2031 and grow at a CAGR of 4.85% over the forecast period of 2024-2031.
The Food Service Packaging Market was valued at USD 123.29 billion in 2023 and to reach USD 178.10 billion by 2032, growing CAGR of 4.70% by 2032.
The Cross-Border B2C E-Commerce Market size was valued at USD 948.27 Bn in 2022 and is expected to reach USD 6112 Bn by 2030 and grow at a CAGR of 26.23% over the forecast period 2023-2030.
The Jerry Cans Market size was USD 2.34 billion in 2023 and is expected to Reach USD 3.51 billion by 2031 and grow at a CAGR of 4.64 % over the forecast period of 2024-2031.
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