The compound annual growth rate of the hottest glo

2022-10-14
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The compound annual growth rate of the global flexible packaging market will be close to 4.7%

release date: Source: Bisheng editor: Yu Jia browsing times: 3137 copyright and disclaimer

core tip: Grand View Research said in its new report "annual raw materials (paper, aluminum foil, plastics, bioplastics), applications (catering, pharmaceutical, cosmetics) and flexible packaging market size, share and trend analysis forecast report", In 2016, the global flexible packaging market reached US $221.82 billion, and its compound annual growth rate is expected to be close to 4.7% in the forecast period. Due to the population growth in the Asia Pacific region, especially in India and China, the increasing demand for food is one of the key trends to promote market growth

grand view research said in its new report "2-year raw materials (paper, aluminum foil, plastics, bioplastics), applications (catering, pharmaceutical, cosmetics) and flexible packaging market size, share and trend analysis forecast report on the recycling and reuse rate of post-use refractory materials". In 2016, the global flexible packaging market size reached US $221.82 billion, and its compound annual growth rate is expected to be close to 4.7% in the forecast period. Due to the population growth in the Asia Pacific region, especially in India and China, the increasing demand for food is one of the key trends to promote market growth

the packaged food market in the United States and Europe has developed rapidly in recent years. 4. The sliding surface between the inlaid steel plate and the lining plate and the dovetail groove surface on the lining plate should maintain the development of clean production technology, and the improved packaging practice is expected to be beneficial to the market

the packaged food industry is driven by the innovation of processing technology, which is used to improve the shelf life of food. Snack foods and beverages have a particularly high demand for flexible packaging. The surge in demand can be attributed to technological improvements, lifestyle changes, the increasing popularity of modern retail and Fast-service restaurants

in the past few years, the development of science and nanotechnology has changed the food and processing industry. Nanotechnology is in the mainstream of the development of functional food, preservation, packaging, processing and food production. Food packaging is the earliest commercial application of nanotechnology in the field of food

the improvement of living standards in emerging economies such as Brazil, South Africa and Russia has increased the purchasing power of consumers, thus stimulating the demand for high-quality products. With the change of consumers' lifestyle and the increasing demand for environmentally friendly packaging materials, the demand for flexible packaging will increase in the next few years

consumers, especially in North America and Europe, prefer lightweight and beautiful packaging. This will increase the use of plastic based flexible packaging during the forecast period

on the basis of raw materials, the market can be divided into paper, aluminum, bioplastics and plastics. Plastic is the most important raw material, accounting for 80% of global sales in 2014

plastic flexible packaging is widely used in the food and beverage industry because they can have many forms and shapes. In the past few years, most of the plastic packaging used by various industries came from fossil fuels. Mao Xiaoming said: "When you are driving, the demand for plastics will remain strong until 2022.

however, due to increasingly stringent regulations, the demand for bioplastics is expected to gain momentum in the next few years. It is expected that the growth in the demand for reducing landfill waste will increase this part.

due to the characteristics of easy recycling and biodegradation, the demand for bio based PLA film in food, bread, candy and snack packaging applications is increasing Long, which provides good conditions for the market

in the forecast period, there will also be a great demand for aluminum materials. More and more household aluminum foil and food and beverage applications are expected to promote the development of this field

from the perspective of application, the flexible packaging market has been subdivided into food, beverages, pharmaceuticals, cosmetics, etc. Food and beverage is the largest application field, accounting for more than three quarters of global sales in 2014

the increasing demand for packaged food (including ready to eat food, frozen food, snack food and cake mixture) has prompted manufacturers to increase production capacity, thereby increasing the demand for flexible packaging in the forecast period

a key trend driving the demand for flexible packaging is the rapid development of the global pharmaceutical industry. Due to the progress of science and technology, the pharmaceutical industry has seen significant growth in the past few years, and this trend is expected to continue during the forecast period. In particular, the experts you test are in developing countries such as China, India and Brazil. In the same year, cosmetics accounted for the third largest market share

the Asia Pacific region is the largest regional market, accounting for 39.7% of the global total in 2014. Due to the booming food and beverage industry, the region is expected to dominate throughout the forecast period, especially in China and India

in North America, the Mexican government lifted the restrictions on new manufacturing units, which led to the development of new production facilities for large enterprises, including Takeda, Daiichi Ranbaxy and Astellas. Europe has the second largest market share in the world, accounting for 33.6% of the global share in 2014

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