Flexible packaging is any package or any part of a package whose shape can be readily changed. They are produced from materials such as polyethylene, nylon, polystyrene, and polypropylene. There are different types of flexible packaging including pouches, bags, carded, and sleeves packaging among others.
Market Dynamics
- On the basis of industry, ASEAN flexible packaging market is segmented into food & beverages, pharmaceuticals, cosmetics & personal care, homecare & toiletries, sports goods among others. Wherein, food & beverages segment accounted for the largest market share in terms of the revenue in 2019, and contributed for 65.6% market share in the same year.
- On the basis of country, Indonesia accounted for the largest revenue share in 2019 and contributed for the revenue share of 33.8% in 2019. The growth is majorly driven by the continuous increase in population, coupled with rising demand for fresh food. Besides, flexible packaging is gaining market share from rigid packaging due to its adaptability and low storage requirements.
Key features of the study:
- This report provides in-depth analysis of flexible packaging and provides market size (US$ Million and Kilo Tons) and cumulative annual growth rate (CAGR %) for the forecast period (2022 – 2030), considering 2021 the base year
- It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategy adopted by the leading players
- It profiles leading players in the ASEAN flexible packaging market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- Key companies covered as a part of this study include Amcor Limited, Prepack Thailand Co., Ltd., Berry Plastics, Mondi Group, Sealed Air Corporation, Sonoco Products Company, Constantia Flexibles Gmbh, and AR Packaging Group
- Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launches, technology up gradation, market expansion, and marketing tactics
- The ASEAN flexible packaging market report caters to various stakeholders in this industry including investors, suppliers, Flexible packaging manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the ASEAN flexible packaging market
Detailed Segmentation:
- ASEAN Flexible Packaging Market, By Product type:
- Pouches
- Stand-up Pouches
- Vacuum Pouches
- Retort Pouches
- Bags
- Gusseted Bags
- Wicketed Bags
- Films and Roll stocks
- Others
- ASEAN Flexible Packaging Market, By Layer Type:
- Mono Layer
- Multi-Layer
- Two Layers
- Three Layers
- Five Layers
- Seven Layers
- Others
- ASEAN Flexible Packaging Market, By Material Type:
- Polyethylene (PE)
- Polypropylene (PP)
- BOPP
- COPP
- OPP
- Nylon
- Polystyrene (PS)
- Others
- ASEAN Flexible Packaging Market, By End-use:
- Food and Beverages
- Pharmaceuticals
- Cosmetic and Personal Care
- Homecare and Toiletries
- Sports Goods
- Others
- ASEAN Flexible Packaging Market, By Geography:
- Indonesia
- Thailand
- Malaysia
- Philippines
- Vietnam
- Myanmar
- Company Profiles
- Amcor Limited *
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Future Plans
- Prepack Thailand Co., Ltd.
- Berry Plastics
- Mondi Group
- Sealed Air Corporation
- Sonoco Products Company
- Constantia Flexibles Gmbh
- AR Packaging Group