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Wire Binding

Posted by agnes8guy on April 20, 2024 at 8:37am 0 Comments

Enhance your documents with professional wire binding. Ideal for presentations and reports, wire-bound materials lay flat and wrap around for easy viewing. Securely bound pages ensure durability and a neat appearance, maintaining the quality of your documents for their entire lifespan.
https://www.pdcuk.com/Catalogue/Document-Binding-Coil-Wire-Calendar-Comb/Wire-Binding

Optimizing Budgets: Cost-Effective Approaches to Hospital Crepe Paper Purchases

Posted by Harry on April 20, 2024 at 8:36am 0 Comments

In the intricate web of hospital procurement, even seemingly mundane items like crepe paper play a crucial role. Used for various medical purposes including wound care, sterilization, and protection, hospital-grade crepe paper must meet stringent quality standards to ensure patient safety and regulatory compliance. This article delves into the essential considerations and best practices for procuring hospital crepe paper, highlighting the importance of quality assurance and adherence to… Continue

Wedding Caterer in Dorset

Posted by agnes8guy on April 20, 2024 at 8:32am 0 Comments

For your wedding in Dorset or Hampshire, choose our Spanish-style feasting to add a relaxed yet festive touch to your celebration. As a recommended caterer at top venues like Sopley Mill and The Old Vicarage, and with over a decade of mobile catering experience, we deliver outstanding service and cuisine anywhere you gather to celebrate your special day.
https://www.idelica.com/wedding-caterer-in-dorset/

Flexible Packaging Market – Industry Insights by Application

The global Flexible Packaging Market size is expected to reach USD 373.34 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.7% from 2024 to 2030.This market growth is owing to the growing importance of increasing food shelf life and growing adoption of sustainable and cost-effective packaging by end-users.

The shelf life of food products depends on factors such as storage conditions, packaging material, and exposure to microorganisms, oxygen, light, and moisture. The flexible packaging consists of plastic films with high barrier properties. The high-barrier properties efficiently block the transmission of moisture, light, and oxygen from contacting sensitive foods. Furthermore, the reseal closure products featured flexible packaging that allow users to securely close the bags or pouches, ensuring the freshness of the packaged food products over several uses.

In addition, flexible packaging consumes less energy compared to rigid packaging during manufacturing and transportation. According to the Flexible Packaging Association, 50% less energy is required to produce a flexible pouch compared to a rigid container of a similar size. In addition, flexible packaging weighs lighter compared to rigid packaging, thus resulting in less fuel consumption during transportation. According to the Flexible Packaging Association, one truckload of flexible pouches can hold the same amount of product as 26 truckloads of rigid containers.

The industry players are adopting several strategies including partnerships, expansions, mergers & acquisitions, joint ventures, new product launches, and partnership agreements to increase the customer base and individual market share. For instance, in May 2023, Amcor plc inked an agreement to acquire New Zealand-based automated protein packaging machines manufacturer, Moda Systems. This acquisition is expected to provide Amcor plc with a new option related to equipment in automated protein products packaging, making it the only flexible packaging manufacturer to own high-speed rotary equipment for packaging fresh meat.

Related Press Release@ Flexible Packaging Market Report

List of Key Players in the Flexible Packaging Market

  • Amcor plc
  • Mondi Group
  • Huhtamaki Flexible Packaging
  • Sonoco Products Company
  • SEE
  • Constantia Flexibles
  • Bemis Manufacturing Company
  • UKrMetal
  • ProAmpac
  • Wipak Group
  • Berry Global Inc
  • FlexPak Services
  • Transcontinental Inc.
  • Coveris
  • DS Smith
  • American Packaging Corporation
  • InterFlex Group
  • FLEX-PACK ENGINEERING, INC.
  • Innovia Films
  • Cosmo Films
  • Novolex
  • Sigma Plastics Group
  • Graphic Packaging International, LLC
  • Bischof+Klein SE & Co. KG
  • Südpack

Flexible Packaging Market Report Highlights

  • The rapid growth of e-commerce sector globally creates opportunities for flexible packaging manufacturers to cater to the specific needs of online retail businesses. Companies that develop packaging solutions to protect products during transit, reduce damage, and improve unboxing experiences can gain a competitive advantage in the e-commerce market
  • The growing number of medical device manufacturers and ongoing research on new packaging materials is driving the market for medical flexible packaging. The strong healthcare infrastructure coupled with growing healthcare spending in the public sector is expected to have a positive impact on market demand
  • The pouches segment is expected to grow at a CAGR of 5.2% over the forecast period 2024-2030. This is owing to the pouches being resealable and a cost-effective alternative to metal, cardboard, and glass containers for packaging solutions
  • Food & beverage was the largest application segment, accounting for 55.9% of global volume share in 2023. Growing demand for packaged foods, including ready-to-eat meals, frozen meals, snack foods, and cake mixes, is expected to force flexible packaging manufacturers to increase production capacity, thus augmenting market for flexible packaging demand over the forecast period
  • Asia Pacific recorded a higher market share in 2023 owing to factors such as rising population, rising income levels, and changing lifestyles are expected to drive consumption of the packaged food cosmetics, and pharmaceutical products resulting in increased demand for flexible packaging solutions
  • Several key companies are collaborating to strengthen their market positions in the flexible packaging industry. For instance, in June 2023, Coveris acquired Poland-based D.K. LAMIN, a manufacturer of flexible packaging laminated films and converted products. With an emphasis on value-added medical packaging, home and personal care food, and pet food, D.K. LAMIN's experience and product offerings integrate with Coveris' existing product portfolio, particularly complementing its pet food growth goal

Flexible Packaging Market Report Scope

Report Attribute

Details

Market size value in 2024

USD 281.80 billion

Revenue forecast in 2030

USD 373.34 billion

Growth rate

CAGR of 4.7% from 2024 to 2030

Base year for estimation

2023

Historical data

2018 - 2022

Forecast period

2024 - 2030

 

Requested For A Free Consultation @ https://www.grandviewresearch.com/request-free-consultation/2433/rfc

Flexible Packaging Market Segmentation

Grand View Research has segmented the global flexible packaging market based on material, product, application, and region:

Flexible Packaging Material Outlook (Revenue, USD Billion, 2018 - 2030)

  • Plastic
  • Paper
  • Metal
  • Bioplastics

Flexible Packaging Product Outlook (Revenue, USD Billion, 2018 - 2030)

  • Pouches
    • Retort Pouch
    • Refill Pouch
  • Bags
  • Films & Wraps
    • Strech & Shrink Labels
  • Others

Flexible Packaging Application Outlook (Revenue, USD Billion, 2018 - 2030)

  • Food & Beverage
  • Pharmaceutical
  • Cosmetics
  • Others

Flexible Packaging Regional Outlook (Revenue, USD Billion, 2018 - 2030)

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • Thailand
    • Indonesia
    • Singapore
    • Vietnam
    • Myanmar
    • Malaysia
  • Central & South America
    • Brazil
    • Argentina
  • Middle East & Africa
    • South Africa
    • Saudi Arabia



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