Description
Flexible Plastic Snack Food Packaging Market Forecast 2026
Market Overview
The worldwide flexible plastic nibble food packaging market is registering a CAGR of 5.31% during the figure time of 2020 to 2026. The prominence of premium items in natural food, refreshments, and heated food markets with lesser engineered synthetic substances, additives, and other problematic added substances has expanded essentially.
These merchandises travel a critical separation from the assembling areas to the end clients. Because of this, the producers should address expanded aversion to the climate with sharp and inventive packaging arrangements. The rising buying power is supposed to add to the item share throughout the projected time. The business players center around progressions in assembling advancements to make better food items, as most would consider normal to support the interest in food packaging arrangements.
The worldwide flexible plastic nibble food packaging market is driven by elements, for example, changing customer tastes and inclinations and the requirement for broadening the time span of usability of food items. In any case, severe guidelines on packaging material waste and reusing are supposed to limit the market development. The developing retail area and the undiscovered little and medium-sized makers are supposed to set out open doors for the market players.
Segment Overview
Global Flexible Plastic Snack Food Packaging Market is classified in terms of product type, material, application, and region.
The Product Type includes Stand-Up Pouches, Lay Flat Pouches, Films and Wraps, Roll stocks, Gusseted Bags, and Others. The flexible plastic snack Food Packaging is used in various applications such as Bakery snacks, Candy & Confections, Savory Snacks, Nuts & dried fruits, and Others. The Material segment is made up of BOPP, Polypropylene, Polyethylene, Linear Low-Density Polyethylene, Polyester, and Others.
Regional Analysis
North America is a vital market for flexible plastic nibble food packaging. The developing interest in the retail business, evolving ways of life, the rising interest for snacks among people in the US and Canada expanded utilization of nibble foods, and fast development of the food business are the variables driving the interest for flexible plastic nibble food packaging in the locale.
The key markets in Asia-Pacific incorporate China, India, and Japan, where the rising utilization of nibble foods drives the provincial market.
The rising interest in pastry kitchen items, candy and sweets, exquisite titbits, nuts, and dried natural products among purchasers lead to the development of the flexible plastic nibble food packaging market. The FDI in retail has additionally broadened the extent of packaging, which draws in unfamiliar players to set up a base in the locale. The rising interest backs the development of the flexible packaging market in the district in nations, like China and India, attributable to the rising per capita extra cash.
Major Players
The prominent players in the global flexible plastic snack food packaging market are Sonoco Products Company (US), Amcor PLC (Australia), Huhtamaki (Europe), ProAmpac (US), Clondalkin Group (Europe), Sealed Air Corporation (US), Bryce Corporation (US), Swiss Pack (UK), Coveris (Europe), and Uflex Limited (India) among others.
COVID 19 Impacts
We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on the industries.
Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.
Table of Contents
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY
1.1 MARKET ATTRACTIVENESS ANALYSIS
1.1.1 GLOBAL FLEXIBLE PLASTIC SNACK FOOD PACKAGING MARKET, BY PRODUCT TYPE
1.1.2 GLOBAL FLEXIBLE PLASTIC SNACK FOOD PACKAGING MARKET, BY MATERIAL
1.1.3 GLOBAL FLEXIBLE PLASTIC SNACK FOOD PACKAGING MARKET, BY APPLICATION
1.1.4 GLOBAL FLEXIBLE PLASTIC SNACK FOOD PACKAGING MARKET, BY REGION
2 MARKET INTRODUCTION
2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 RESEARCH OBJECTIVE
2.4 MARKET STRUCTURE
2.5 KEY BUYING CRITERIA
3 RESEARCH METHODOLOGY
3.1 RESEARCH PROCESS
3.2 PRIMARY RESEARCH
3.3 SECONDARY RESEARCH
3.4 MARKET SIZE ESTIMATION
3.5 FORECAST MODEL
3.6 LIST OF ASSUMPTIONS
4 MARKET INSIGHTS
5 MARKET DYNAMICS
5.1 INTRODUCTION
5.2 DRIVERS
5.2.1 CHANGING CONSUMER TASTE AND PREFERENCES
5.2.2 NEED FOR EXTENDING THE SHELF-LIFE OF FOOD PRODUCTS
5.2.3 DRIVERS IMPACT ANALYSIS
5.3 RESTRAINT
5.3.1 STRINGENT REGULATIONS ON PACKAGING MATERIAL WASTE AND RECYCLING
5.3.2 RESTRAINT IMPACT ANALYSIS
5.4 OPPORTUNITIES
5.4.1 GROWING RETAIL SECTOR
5.4.2 UNTAPPED SMALL AND MEDIUM-SIZED MANUFACTURERS
5.5 IMPACT ANALYSIS OF COVID-19
5.5.1 ECONOMIC IMPACT
5.5.1.1 IMPACT ON PACKAGING INDUSTRY
5.5.2 IMPACT ON PRODUCTION
5.5.3 IMPACT ON THE FLEXIBLE PLASTIC SNACK FOOD PACKAGING INDUSTRY
5.5.3.1 IMPACT ON SUPPLY CHAIN
5.5.3.2 IMPACT ON RAW MATERIALS
5.5.3.3 CASH FLOW CONSTRAINTS
5.5.4 IMPACT ON WORLD TRADE
6 MARKET FACTOR ANALYSIS
6.1 SUPPLY CHAIN ANALYSIS
6.1.1 DESIGN & DEVELOPMENT
6.1.2 RAW MATERIAL SUPPLY
6.1.3 MANUFACTURE
6.1.4 END USE
6.2 PORTER’S FIVE FORCES MODEL
6.2.1 THREAT OF NEW ENTRANTS
6.2.2 BARGAINING POWER OF SUPPLIERS
6.2.3 THREAT OF SUBSTITUTES
6.2.4 BARGAINING POWER OF BUYERS
6.2.5 INTENSITY OF RIVALRY
7 GLOBAL FLEXIBLE PLASTIC SNACK FOOD PACKAGING MARKET, BY PRODUCT TYPE
7.1 OVERVIEW
7.2 STAND-UP POUCHES
7.3 LAY FLAT POUCHES
7.4 FILMS AND WRAPS
7.5 ROLLSTOCKS
7.6 GUSSETED BAGS
7.7 OTHERS
8 GLOBAL FLEXIBLE PLASTIC SNACK FOOD PACKAGING MARKET, BY MATERIAL
8.1 OVERVIEW
8.2 BOPP
8.3 POLYPROPYLENE
8.4 POLYETHYLENE
8.5 LINEAR LOW-DENSITY POLYETHYLENE
8.6 POLYESTER
8.7 OTHERS
9 GLOBAL FLEXIBLE PLASTIC SNACK FOOD PACKAGING MARKET, BY APPLICATION
9.1 OVERVIEW
9.2 BAKERY SNACKS
9.3 CANDY & CONFECTIONS
9.4 SAVORY SNACKS
9.5 NUTS & DRIED FRUITS
9.6 OTHERS
10 GLOBAL FLEXIBLE PLASTIC SNACK FOOD PACKAGING MARKET, BY REGION
10.1 OVERVIEW
10.2 NORTH AMERICA
10.2.1 US
10.2.2 CANADA
10.2.3 MEXICO
10.3 EUROPE
10.3.1 GERMANY
10.3.2 SPAIN
10.3.3 UNITED KINGDOM
10.3.4 FRANCE
10.3.5 REST OF EUROPE
10.4 ASIA-PACIFIC
10.4.1 CHINA
10.4.2 INDIA
10.4.3 JAPAN
10.4.4 SOUTH EAST ASIA
10.4.5 REST OF ASIA-PACIFIC
10.5 MIDDLE EAST & AFRICA
10.5.1 SAUDI ARABIA
10.5.2 UAE
10.5.3 SOUTH AFRICA
10.5.4 REST OF THE MIDDLE EAST & AFRICA
10.6 SOUTH AMERICA
10.6.1 BRAZIL
10.6.2 ARGENTINA
10.6.3 REST OF SOUTH AMERICA
11 COMPETITIVE LANDSCAPE
11.1 INTRODUCTION
11.2 COMPETITIVE OVERVIEW
11.3 MARKET SHARE ANALYSIS
11.4 COMPETITIVE BENCHMARKING
11.5 AMCOR PLC: LEADING PLAYER IN TERMS OF NUMBER OF DEVELOPMENTS IN GLOBAL FLEXIBLE PLASTIC SNACK FOOD PACKAGING MARKET
11.6 KEY DEVELOPMENTS & GROWTH STRATEGIES
11.6.1 PRODUCT LAUNCHES/DEVELOPMENTS
11.6.2 EXPANSIONS/PARTNERSHIPS
11.6.3 MERGERS & ACQUISITIONS/INVESTMENTS
12 COMPANY PROFILES
12.1 SONOCO PRODUCTS COMPANY
12.1.1 COMPANY OVERVIEW
12.1.2 FINANCIAL OVERVIEW
12.1.3 PRODUCTS OFFERED
12.1.4 KEY DEVELOPMENTS
12.1.5 SWOT ANALYSIS
12.1.6 KEY STRATEGIES
12.2 AMCOR PLC
12.2.1 COMPANY OVERVIEW
12.2.2 FINANCIAL OVERVIEW
12.2.3 PRODUCTS OFFERED
12.2.4 KEY DEVELOPMENTS
12.2.5 SWOT ANALYSIS
12.2.6 KEY STRATEGIES
12.3 SEALED AIR CORPORATION
12.3.1 COMPANY OVERVIEW
12.3.2 FINANCIAL OVERVIEW
12.3.3 PRODUCTS OFFERED
12.3.4 KEY DEVELOPMENTS
12.3.5 SWOT ANALYSIS
12.3.6 KEY STRATEGIES
12.4 BRYCE CORPORATION
12.4.1 COMPANY OVERVIEW
12.4.2 FINANCIAL OVERVIEW
12.4.3 PRODUCTS OFFERED
12.4.4 KEY DEVELOPMENTS
12.5 SWISS PACK
12.5.1 COMPANY OVERVIEW
12.5.2 FINANCIAL OVERVIEW
12.5.3 PRODUCTS OFFERED
12.5.4 KEY DEVELOPMENTS
12.6 COVERIS
12.6.1 COMPANY OVERVIEW
12.6.2 FINANCIAL OVERVIEW
12.6.3 PRODUCTS OFFERED
12.6.4 KEY DEVELOPMENTS
12.7 HUHTAMAKI
12.7.1 COMPANY OVERVIEW
12.7.2 FINANCIAL OVERVIEW
12.7.3 PRODUCTS OFFERED
12.7.4 KEY DEVELOPMENTS
12.7.5 SWOT ANALYSIS
12.7.6 KEY STRATEGIES
12.8 PROAMPAC
12.8.1 COMPANY OVERVIEW
12.8.2 FINANCIAL OVERVIEW
12.8.3 PRODUCTS OFFERED
12.8.4 KEY DEVELOPMENTS
12.9 CLONDALKIN GROUP
12.9.1 COMPANY OVERVIEW
12.9.2 FINANCIAL OVERVIEW
12.9.3 PRODUCTS OFFERED
12.9.4 KEY DEVELOPMENTS
12.10 UFLEX LIMITED
12.10.1 COMPANY OVERVIEW
12.10.2 FINANCIAL OVERVIEW
12.10.3 PRODUCTS OFFERED
12.10.4 KEY DEVELOPMENTS
Companies Mentioned
Sonoco Products Company (US), Amcor PLC (Australia), Huhtamaki (Europe), ProAmpac (US), Clondalkin Group (Europe), Sealed Air Corporation (US), Bryce Corporation (US), Swiss Pack (UK), Coveris (Europe), and Uflex Limited (India) among others
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