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Converted Flexible Packaging: US demand to exceed billion in 2019

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For more information kindly visit : 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. – PowerPoint PPT presentation

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Title: Converted Flexible Packaging: US demand to exceed billion in 2019


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 packagings 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_at_bharatbook.com Website
www.bharatbook.com Our Blog
https//www.bharatbook.com/blog/
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