Market by Raw Material, Application, Type, Printing Technology, and Country Outlook | Forecast 2022-2028
As per Triton’s report, the Asia-Pacific flexible packaging market is estimated to advance at a compound annual growth rate of 5.19% in value and 4.51% in volume during the forecast period 2022-2028.
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The
countries assessed in the considered region include:
•
China
•
Japan
•
India
•
South Korea
•
ASEAN Countries
•
Australia & New Zealand
•
Rest of Asia-Pacific
China holds the majority of shares in
the flexible packaging market. In the region, flexible
packaging finds its application in food and beverages, cosmetic industries, and
pharmaceutical products. This is mainly owing to its beneficial characteristics,
such as being lightweight and ease of use. The market is expected to witness
significant growth, owing to rising packaged food demand and private
investments. Additionally, higher domestic demand, along with the availability
of low-cost labor, makes the region the most attractive market for flexible
packaging producers. Thus, these factors are expected to widen the scope and
growth of the flexible packaging market.
In
China, the flexible packaging market is majorly driven by the growing packaged
food adoption and rising plastic production. Several consumers are opting for
convenient packaging solutions, resulting in the growth of the flexible
packaging market. Furthermore, China is the leader in plastic production, which
is also fueling the demand for flexible packaging. Therefore, the high
production of plastics is a major factor that boosts the flexible packaging
market across the nation.
Plastic
flexible packaging is widely used in the food and beverage sector as it can
take various forms and shapes, which are essential in the industry. Polymers
most used for flexible packaging include low-density polyethylene and linear
low-density polyethylene. This solution is used for beverage containers, yogurt
tubs, and twist wraps for confectionaries. The
market is assessed based on raw material, application, type, and printing
technology. Based on raw material, it is divided into paper, bioplastic,
plastic, and aluminum.
Major companies in the market include Kohjin
Film & Chemicals Co Ltd, Rengo Co Ltd, Mitsui Bussan Packaging Co Ltd, Hosokawa
Yoko Co Ltd, Takigawa Corporation, Michelman Japan LLC, Asahi Kasei, and Dai
Nippon Printing Co Ltd.
A subsidiary of Mitsui
& Co Ltd, Mitsui Bussan Packaging Co Ltd manufacturers various packaging
solutions. It provides various packaging types, such as paper and film-based
solutions. In this regard, paper packaging materials include folding boxes and
corrugated carton boxes. At the same time, film-based include food,
distribution, mail order, online shopping, restaurant, and ready-made meals.
With operations across numerous countries, it is headquartered in Japan.
Key
deliverables of the report:
· Market CAGR during the forecasting
years 2022-2028
· Detailed data highlighting key
insights, industry components, and market strategies
· Comprehensive information and
estimation of the flexible packaging market revenue growth in the Asia-Pacific
and its influence on the parent market
· In-depth study of forthcoming trends
in consumer behavioral patterns
· A meticulous analysis of the
competitive landscape, vendor scorecard, and Porter’s Five Forces
· A wide-ranging study of factors that
will challenge the APAC flexible packaging market’s growth during the upcoming
years
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to get specific insights? Our team of analysts can customize this report based
on your preferences. Connect with us here.
1. ASIA-PACIFIC
FLEXIBLE PACKAGING MARKET - SUMMARY
2. INDUSTRY
OUTLOOK
2.1. IMPACT
OF COVID-19 ON THE FLEXIBLE PACKAGING MARKET
2.2. KEY
INSIGHTS
2.2.1. FLEXIBLE
PLASTICS ARE A GOOD SUBSTITUTE FOR TRADITIONAL PACKAGING
2.2.2. IMPROVEMENTS
IN MANUFACTURING ACTIVITIES
2.2.3. ROTOGRAVURE
PRINTING IS EXPECTED TO SHOW HIGH GROWTH TRENDS
2.3. PORTER’S
FIVE FORCES ANALYSIS
2.3.1. THREAT
OF NEW ENTRANTS
2.3.2. THREAT
OF SUBSTITUTES
2.3.3. BARGAINING
POWER OF BUYERS
2.3.4. BARGAINING
POWER OF SUPPLIERS
2.3.5. THREAT
OF COMPETITIVE RIVALRY
2.4. MARKET
ATTRACTIVENESS INDEX
2.5. VENDOR
SCORECARD
2.6. INDUSTRY
COMPONENTS
2.6.1. MANUFACTURERS
2.6.2. DISTRIBUTORS
2.6.3. END-USER
2.7. KEY
MARKET STRATEGIES
2.7.1. MERGERS
& ACQUISITIONS
2.7.2. PRODUCT
LAUNCHES & DEVELOPMENTS
2.7.3. PARTNERSHIPS
& AGREEMENTS
2.7.4. BUSINESS
EXPANSIONS & DIVESTITURES
2.8. MARKET
DRIVERS
2.8.1. RISE
IN DEMAND FOR CONVENIENT PACKAGING
2.8.2. INCREASING
DEMAND FOR PROCESSED AND PACKAGED FOOD
2.8.3. NEED
FOR IMPROVED SHELF LIFE
2.9. MARKET
CHALLENGES
2.9.1. CHALLENGES
IN RECYCLING FLEXIBLE PACKAGING PRODUCTS
2.9.2. HIGH
OPERATIONAL COST
2.9.3. INCREASING
RAW MATERIAL COSTS
2.10. MARKET
OPPORTUNITIES
2.10.1. GROWING
DEMAND FOR SUSTAINABLE PACKAGING SOLUTIONS
2.10.2. INCREASED
DEMAND FROM THE E-COMMERCE INDUSTRY
3. ASIA-PACIFIC
FLEXIBLE PACKAGING MARKET – BY RAW MATERIAL (REVENUE IN $ BILLION & VOLUME
IN KILOTON)
3.1. PAPER
3.2. ALUMINUM
3.3. BIOPLASTIC
3.4. PLASTIC
4. ASIA-PACIFIC
FLEXIBLE PACKAGING MARKET – BY APPLICATION (REVENUE IN $ BILLION & VOLUME
IN KILOTON)
4.1. FOOD
& BEVERAGE
4.2. PHARMACEUTICAL
4.3. COSMETICS
4.4. OTHERS
5. ASIA-PACIFIC
FLEXIBLE PACKAGING MARKET – BY TYPE (REVENUE IN $ BILLION)
5.1. STAND-UP
POUCHES
5.2. FLAT
POUCHES
5.3. ROLLSTOCK
5.4. GUSSETED
BAGS
5.5. WICKETED
BAGS
5.6. WRAPS
6. ASIA-PACIFIC
FLEXIBLE PACKAGING MARKET – BY PRINTING TECHNOLOGY (REVENUE IN $ BILLION)
6.1. FLEXOGRAPHY
6.2. ROTOGRAVURE
6.3. DIGITAL
PRINTING
6.4. OTHERS
7. ASIA-PACIFIC
FLEXIBLE PACKAGING MARKET – COUNTRY OUTLOOK (REVENUE IN $ BILLION & VOLUME
IN KILOTON)
7.1. CHINA
7.2. JAPAN
7.3. INDIA
7.4. SOUTH
KOREA
7.5. ASEAN
COUNTRIES
7.6. AUSTRALIA
& NEW ZEALAND
7.7. REST
OF ASIA-PACIFIC
8. COMPETITIVE
LANDSCAPE
8.1. RENGO
CO LTD
8.2. MITSUI
BUSSAN PACKAGING CO LTD
8.3. HOSOKAWA
YOKO CO LTD
8.4. TAKIGAWA
CORPORATION
8.5. MICHELMAN
JAPAN LLC
8.6. ASAHI
KASEI
8.7. DAI
NIPPON PRINTING CO LTD
8.8. KOHJIN
FILM & CHEMICALS CO LTD
8.9. OKURA
INDUSTRIAL
8.10. SEALED
AIR CORPORATION
8.11. FLAIR
FLEXIBLE PACKAGING CORPORATION
8.12. EPAC
8.13. KORPACK
CORPORATION
8.14. HANDOO
PACKAGE CO LTD
8.15. MONDI
GROUP
8.16. AMCOR
LTD
8.17. AMERPLAST
8.18. SOLVAY
S.A.
8.19. COVERIS
MANAGEMENT GMBH
8.20. KM
PACKAGING SERVICES LTD
8.21. TCL
PACKAGING
8.22. AMERICAN
PACKAGING CORPORATION
8.23. BRYCE
CORPORATION
8.24. BISCHOF
+ KLEIN SE & CO KG
9. RESEARCH
METHODOLOGY & SCOPE
9.1. RESEARCH
SCOPE & DELIVERABLES
9.2. SOURCES
OF DATA
9.3. RESEARCH
METHODOLOGY
TABLE 1: ASIA-PACIFIC FLEXIBLE PACKAGING MARKET,
COUNTRY OUTLOOK, 2022-2028 (IN $ BILLION)
TABLE 2: ASIA-PACIFIC FLEXIBLE PACKAGING MARKET,
COUNTRY OUTLOOK, 2022-2028 (IN KILOTON)
TABLE 3: VENDOR SCORECARD
TABLE 4: LIST OF MERGERS & ACQUISITIONS
TABLE 5: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS
TABLE 6: LIST OF PARTNERSHIPS & AGREEMENTS
TABLE 7: LIST OF BUSINESS EXPANSIONS &
DIVESTITURES
TABLE 8: ASIA-PACIFIC FLEXIBLE PACKAGING MARKET, BY
RAW MATERIAL, 2022-2028 (IN $ BILLION)
TABLE 9: ASIA-PACIFIC FLEXIBLE PACKAGING MARKET, BY
RAW MATERIAL, 2022-2028 (IN KILOTON)
TABLE 10: ASIA-PACIFIC FLEXIBLE PACKAGING MARKET, BY
APPLICATION, 2022-2028 (IN $ BILLION)
TABLE 11: ASIA-PACIFIC FLEXIBLE PACKAGING MARKET, BY
APPLICATION, 2022-2028 (IN KILOTON)
TABLE 12: ASIA-PACIFIC FLEXIBLE PACKAGING MARKET, BY
TYPE, 2022-2028 (IN $ BILLION)
TABLE 13: ASIA-PACIFIC FLEXIBLE PACKAGING MARKET, BY
PRINTING TECHNOLOGY, 2022-2028 (IN $ BILLION)
TABLE 14: ASIA-PACIFIC FLEXIBLE PACKAGING MARKET,
COUNTRY OUTLOOK, 2022-2028 (IN $ BILLION)
TABLE 15: ASIA-PACIFIC FLEXIBLE PACKAGING MARKET,
COUNTRY OUTLOOK, 2022-2028 (IN KILOTON)
FIGURE 1: MARKET ATTRACTIVENESS
INDEX
FIGURE 2: INDUSTRY COMPONENTS
FIGURE 3: ASIA-PACIFIC FLEXIBLE
PACKAGING MARKET, BY RAW MATERIAL, 2021 & 2028 (IN %)
FIGURE 4: ASIA-PACIFIC FLEXIBLE
PACKAGING MARKET, BY PAPER, 2022-2028 (IN $ BILLION)
FIGURE 5: ASIA-PACIFIC FLEXIBLE
PACKAGING MARKET, BY ALUMINUM, 2022-2028 (IN $ BILLION)
FIGURE 6: ASIA-PACIFIC FLEXIBLE
PACKAGING MARKET, BY BIOPLASTIC, 2022-2028 (IN $ BILLION)
FIGURE 7: ASIA-PACIFIC FLEXIBLE
PACKAGING MARKET, BY PLASTIC, 2022-2028 (IN $ BILLION)
FIGURE 8: ASIA-PACIFIC FLEXIBLE
PACKAGING MARKET, BY APPLICATION, 2021 & 2028 (IN %)
FIGURE 9: ASIA-PACIFIC FLEXIBLE
PACKAGING MARKET, BY FOOD & BEVERAGE, 2022-2028 (IN $ BILLION)
FIGURE 10: ASIA-PACIFIC FLEXIBLE
PACKAGING MARKET, BY PHARMACEUTICAL, 2022-2028 (IN $ BILLION)
FIGURE 11: ASIA-PACIFIC FLEXIBLE
PACKAGING MARKET, BY COSMETICS, 2022-2028 (IN $ BILLION)
FIGURE 12: ASIA-PACIFIC FLEXIBLE
PACKAGING MARKET, BY OTHERS, 2022-2028 (IN $ BILLION)
FIGURE 13: ASIA-PACIFIC FLEXIBLE
PACKAGING MARKET, BY TYPE, 2021 & 2028 (IN %)
FIGURE 14: ASIA-PACIFIC FLEXIBLE
PACKAGING MARKET, BY STAND-UP POUCHES, 2022-2028 (IN $ BILLION)
FIGURE 15: ASIA-PACIFIC FLEXIBLE
PACKAGING MARKET, BY FLAT POUCHES, 2022-2028 (IN $ BILLION)
FIGURE 16: ASIA-PACIFIC FLEXIBLE
PACKAGING MARKET, BY ROLLSTOCK, 2022-2028 (IN $ BILLION)
FIGURE 17: ASIA-PACIFIC FLEXIBLE
PACKAGING MARKET, BY GUSSETED BAGS, 2022-2028 (IN $ BILLION)
FIGURE 18: ASIA-PACIFIC FLEXIBLE
PACKAGING MARKET, BY WICKETED BAGS, 2022-2028 (IN $ BILLION)
FIGURE 19: ASIA-PACIFIC FLEXIBLE
PACKAGING MARKET, BY WRAPS, 2022-2028 (IN $ BILLION)
FIGURE 20: ASIA-PACIFIC FLEXIBLE
PACKAGING MARKET, BY PRINTING TECHNOLOGY, 2021 & 2028 (IN %)
FIGURE 21: ASIA-PACIFIC FLEXIBLE
PACKAGING MARKET, BY FLEXOGRAPHY, 2022-2028 (IN $ BILLION)
FIGURE 22: ASIA-PACIFIC FLEXIBLE
PACKAGING MARKET, BY ROTOGRAVURE, 2022-2028 (IN $ BILLION)
FIGURE 23: ASIA-PACIFIC FLEXIBLE
PACKAGING MARKET, BY DIGITAL PRINTING, 2022-2028 (IN $ BILLION)
FIGURE 24: ASIA-PACIFIC FLEXIBLE
PACKAGING MARKET, BY OTHERS, 2022-2028 (IN $ BILLION)
FIGURE 25: ASIA-PACIFIC FLEXIBLE
PACKAGING MARKET, COUNTRY OUTLOOK, 2021 & 2028 (IN %)
FIGURE 26: CHINA FLEXIBLE
PACKAGING MARKET 2022-2028 (IN $ BILLION)
FIGURE 27: JAPAN FLEXIBLE
PACKAGING MARKET 2022-2028 (IN $ BILLION)
FIGURE 28: INDIA FLEXIBLE PACKAGING
MARKET 2022-2028 (IN $ BILLION)
FIGURE 29: SOUTH KOREA FLEXIBLE
PACKAGING MARKET 2022-2028 (IN $ BILLION)
FIGURE 30: ASEAN COUNTRIES
FLEXIBLE PACKAGING MARKET 2022-2028 (IN $ BILLION)
FIGURE 31: AUSTRALIA & NEW
ZEALAND FLEXIBLE PACKAGING MARKET 2022-2028 (IN $ BILLION)
FIGURE 32: REST OF ASIA-PACIFIC
FLEXIBLE PACKAGING MARKET 2022-2028 (IN $ BILLION)