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Converted Flexible Packaging: US demand to exceed billion in 2019

For more information kindly visit : https://www.bharatbook.com/packaging-market-research-reports-438004/converted-flexible-packaging-1.html Bharat Book Bureau provides the report, on “ Converted Flexible Packaging: US demand to exceed billion in 2019 ”.The market will benefit from the inherent cost and performance advantages of lightweight bags and pouches.

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Converted Flexible Packaging: US demand to exceed billion in 2019

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  1. Market Report on Converted Flexible Packaging Industry

  2. Summary Demand for converted flexible packaging in the US is forecast to exceed $20 billion in 2019. The market will benefit from the inherent cost and performance advantages of lightweight bags and pouches. Further market penetration will be influenced by the incorporation of features aimed at enhancing the overall consumer experience, leading to higher retail volumes. Gains will also be driven by the need for value added barrier materials for enhanced product protection. Converted flexible packaging’s source reduction, space savings, and lower production and shipping costs will be increasingly advantageous in light of the growing importance among major retailers and packaged goods firms of supply chain sustainability as a competitive advantage.

  3. Pouches to outpace bags Growth for pouches will outpace the con-verted flexible average and will be fueled by continued opportunities for stand-up pouches stemming from function, sustainability, and marketing advantages over alternative packaging media. Also supporting gains will be the visual appeal of stand-up pouches on store shelves due to their large front-panel billboard spaces and the perception of pouches as a more contemporary packaging format than traditional container types, such as cans, bottles, and cartons. Newer constructions will provide expanded opportunities with heavier weight contents. Bag demand will increase more slowly than that for pouches due to the presence of mature markets and competition from pouches and rigid formats such as clam-shells and blister packs. s.

  4. Above average prospects will exist in pharmaceutical and medical products, where advancements in sealing and protection, as well as strong handling capabilities, are driving gains. Beverage applications will experience solid gains due to the growing popularity of 1.5- and 3-liter sizes of bag-in-box packaging for higher quality wines. In the pet food market, woven polypropylene (WPP) bags will capture a rising share of bulk and other larger-sized pack-ages based on their relatively low cost, high strength, and good performance with dry pet foods. Despite strong competition from stand-up pouches and WPP bags, multiwall paper bags will remain the largest material type for pet food bags. The addition of more complex closure mechanisms on bags will extend value to bags and spur sales. s.

  5. Rigid packaging to lose share in food applications In food applications, pouches and bags will continue to supplant rigid packaging. Advantages such as reclosability and easy opening have contributed to acceptance with a variety of food and beverage products. Advances in materials and barrier properties for multilayer flexible substrates provide converted flexible packaging a shelf life on par with rigid packages. The fastest growing food packaging markets for converted flexible packaging will be beverages, meat and related products, and pet food. In nonfood applications, the pharmaceutical and medical product markets will record the most rapid gains, fortified by a steadily aging population, the significance of unit-of-use packaging, and improvements in barrier and ease-of-use properties. Growth in chemical applications will be aided by rising consumer interest in new flexible formats for laundry detergents, cleaning solutions, and personal care products that replace heavier rigid bottles. The increasing presence of spouts on pouches will improve their convenience. s.

  6. Study coverage This industry study, Converted Flexible Packaging, presents historical demand data (2004, 2009 and 2014) plus forecasts (2019 and 2024) by material, product and market. The study also considers market environment factors, examines industry structure, evaluates company market share, and profiles 38 US industry players, including Bemis, Berry Plastics, and Coveris. s.

  7. Table of Contents MARKET ENVIRONMENT General Macroeconomic Outlook Demographic & Household Trends Consumer Income & Spending Food & Beverage Industry Overview Consumer Preferences Distribution Trends Retail Sales Outlook

  8. To view the full Executive Summary and Table of Contents, please visit: Market Report on Converted Flexible Packaging Contact Us:- Phone : +91-22-27810772/73 Email id : info@bharatbook.com Website : www.bharatbook.com Our Blog : https://www.bharatbook.com/blog/

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