Flexible Lid Stock Packaging Market Size, Competitors Strategy, Regional Analysis and Industry Growth by Forecast to 2027
Market Highlights
The Global
Flexible Lid Stock Packaging Market will be driven by growth in the
flexible packaging market majorly due to the changing lifestyle of the people
that results in the rise in demand for ready-made meals with extended shelf
life. The booming packaging industry is also contributing significantly
to the growth of the flexible lid stock packaging market. Factors such as the
rise in consumption of convenient packaged food & beverages, personal care
products, and pharmaceutical is contributing to the growth of the market.
Increased innovations in flexible lid stock packaging along with low cost is
also adding to the growth.
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Market Research Analysis
The packaging type is the most important for packaging of
food, beverages, pharmaceutical products and others. Among all applications
used for packaging, the food & beverage segment is expected to grow
rapidly. The food & beverage segment also includes dairy products.
The improved shelf life of the food and beverages due to barrier
properties and valving capabilities is also expected to drive the growth of
flexible lid stock packaging market for the food & beverage segment.
Asia-Pacific region is expected to dominate the flexible lid
stock packaging market with the highest CAGR due to the rapidly changing
lifestyle, increase in the disposable income, extensive growth in population,
and the constantly growing packaged food industry. The increasing urbanization
has led to the increased use of convenient and low cost flexible lid stock
packages amongst the people, thereby driving the growth of the market.
Segmentation:
- By Type
- Paper
- Aluminum
foil
- Polymer
films
- Others
- By
Application
- Food
& Beverages
- Chemicals
- Personal
Care
- Health
care
- Others
Scope of the Report
This study provides an overview of the global flexible
lid stock packaging market, tracking two market segments across four geographic
regions. The report studies key players, providing a five-year annual trend
analysis that highlights market size, volume and share for North America,
Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also
provides a forecast, focusing on the market opportunities for the next five
years for each region. The scope of the study segments the Global Flexible Lid
Stock Packaging Market by its Type, application and region.
Key Players
The key players of Flexible Lid Stock Packaging Market are
Amcor Ltd. (Australia), Bemis Company, Inc. (U.S.), Berry Plastics Corporation
(U.S.), Mondi plc. (Austria), Sonoco Products Company (U.S.), EP Industries
Ltd. (Alfreton, England), Wipak Germany GmbH (Germany), Anchor
Packaging Inc. (U.S.), Coveris Holdings S.A. (U.S.) and Sealed Air Corporation
(U.S.) among others.
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