The global flexible plastic pouches market size is estimated at USD 53.7 billion in 2021 and is projected to reach USD 73.5 billion by 2026, at a CAGR of 6.5%, between 2021 and 2026. Flexible plastic pouches are single-use bags commonly made of plastic, metal foil, and paper. They are used for packaging everything from snack foods to industrial liquids and are commonly found on supermarket shelves across the globe. These are extensively used in food packaging because many of them are resealable, environmentally friendly, and cheaper than alternatives like glass, metal, and cardboard containers. These plays a vital role in keeping the product fresh, damage proof, and acts as an excellent marketing tool. Their widespread adoption is attributed to a lower carbon footprint than the alternative packaging materials mentioned above and take up less space in landfills.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=106470108
The key players in the flexible plastic pouches market are Berry Global Inc. (US), Mondi (UK), Huhtamaki (Finland), Sealed Air Corp. (US), Sonoco Products Company (US), Smurfit Kappa (Ireland), Amcor Plc (Switzerland), Gogllio SpA (Italy), Constantia Flexibles (Austria), ProAmpac (US), and others. The flexible plastic pouches market report analyzes the key growth strategies adopted by the leading market players, between 2016 and 2021, which include expansions, mergers & acquisition, new product developments/launch, and collaborations.
Berry Global Inc. manufactures engineered products, nonwoven specialty materials and consumer packaging with customized solutions. It operates through the following segments: Consumer Packaging International, Consumer Packaging North America, Engineered Materials and Health, Hygiene & Specialties. It offers flexible plastic pouches under the Consumer Packaging International and Consumer Packaging North America segments. It serves the healthcare, personal care, household, hygiene, industrial and transportation, and food and beverage sectors. The company has operations in the US, Canada, Europe, and Rest of the World. It operates across 295 locations globally.
Inquiry Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=106470108
Mondi is a leading global integrated packaging and paper group. It is a leading producer of paper and plastic solutions. It operates through the following segments: Corrugated Packaging, Flexible Packaging, Engineered Materials and Uncoated Fine Paper. The company provides flexible plastic pouches under the Flexible Packaging business. Mondi won five awards at the WorldStar Packaging Awards 2020. The company serves various end-use industries such as FMCG and consumer products, e-commerce and retail, automotive, heavy-duty, food service, construction, and agriculture. The company operates through 100 production sites across more than 30 countries worldwide, with key operations located in Europe, North America, and Africa.
Read Our Trending Press Release Below:
Rare Earth Metals Market – Global Forecast to 2026
Hydrochloric Acid Market – Global Forecast to 2027
About MarketsandMarkets™
MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
Media ContactCompany Name: MarketsandMarkets™ Research Private Ltd.Contact Person: Mr. Aashish MehraEmail: Send EmailPhone: 18886006441Address:630 Dundee Road Suite 430City: NorthbrookState: IL 60062Country: United StatesWebsite: https://www.marketsandmarkets.com/Market-Reports/flexible-plastic-pouches-market-106470108.html
