Flexible Packaging Industry 2015 Market Size, Share, Trends and Forecast 2015 – 20

In broad terms, packaging refers to the technology of enclosing a product for the purpose of storage, distribution, sale, and use. Flexible packaging is a non-rigid method of packaging, and flexible packaging products are made from flexible materials such as plastic, aluminum, and paper. These materials undergo a detailed conversion process such as printing, lamination, coating, and extrusion to develop different types of flexible packaging products, such as plastic bags and pouches, lidding films, foil bags, and sachets. Packaging these days is not only used to protect a product from spoilage, but it has also become important in improving the overall aesthetic appeal of the product, providing essential information about the product, maintaining the freshness of food and beverages, and providing convenience for consumers in terms of handling/carrying the product.

Technavio's analysts forecast the global flexible packaging market to grow at a CAGR of 5.38% over the period 2014-2019.

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Covered in this report

This report covers the present scenario and the growth prospects of the global flexible packaging market for the period 2015-2019. To calculate the market size, the report considers revenue generated from the sales of flexible packaging products manufactured by vendors for the packaging of food and beverages. It also includes the market size in terms of volume that has been calculated based on the production of flexible packaging products. The report segments the market on basis of raw materials, product types, and geography.

Technavio's report, Global Flexible Packaging Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the APAC, Europe, North America, and the ROW; it also covers the landscape of global flexible packaging market and its growth prospects in...