Food and Beverages Flexible Packaging Market To 2022: New Tech Developments, Advancements, Key Players, Strategies To Boost Industry Growth


Technavio Announces the Publication of its Research Report – Global Flexible Packaging Market for Food and Beverages 2018-2022

Technavio recognizes the following companies as the key players in the global flexible packaging market for food and beverages: Amcor, Bemis, Berry Global, Mondi, and Sealed Air. 

Commenting on the report, an analyst from Technavio’s team said: “One trend affecting this market is the growing market consolidation in global flexible packaging market.” Intense competition among vendors has led to an increase in the mergers and acquisitions, which in turn, is driving innovations and technological advancements. 
According to the report, one driver influencing this market is the increase in global demand for packaged food and beverage products. Increase in the global population, growing urbanization, changing food habits in metropolitan areas has driven the market. 

Further, the report states that one challenge affecting this market is the volatility in raw material prices. The cost of flexible packaging materials including aluminum and paper is one of the vital factors influencing the end-product cost. 

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
The market is expected to grow at a CAGR of 5.02%
About Flexible Packaging Market for Food and Beverages

Flexible packaging finds extensive application in enclosing food and beverage products, irrespective of their size and shape. Flexible packaging is available in the form of pouches, wraps, flexible containers for both primary and secondary applications. 

Technavio’s analysts forecast the Global Flexible Packaging Market for Food and Beverages to grow at a CAGR of 5.99% during the period 2018-2022.

Covered in this report 
The report covers the present scenario and the growth prospects of the global flexible packaging market for food and beverages. To calculate the market size, the report considers the revenue generated from the adoption of flexible plastic, flexible paper, and flexible foil. 
The market is divided into the following segments based on geography: 
• Americas
• APAC
• EMEA

Technavio's report, global flexible packaging market for food and beverages 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. 

Key vendors 
• Amcor
• Bemis
• Berry Global
• Mondi
• Sealed Air

Market driver 
• Increase in global demand for packaged food and beverage products
• For a full, detailed list, view our report 

Market challenge 
• Volatility in raw material prices
• For a full, detailed list, view our report 

Market trend 
• Growing market consolidation in global flexible packaging market
• For a full, detailed list, view our report 

Key questions answered in this report 
• What will the market size be in 2022 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors? 
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Market Reports Center
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