Global Flexible Lid Stock Packaging Market Information Report by Type (Paper, Aluminum Foil, Polymer Films, Others), By Application (Food & Beverages, Chemicals, Personal Care, Health Care, Others) and By Region – Global Forecast To 2022
Flexible lid stock packaging is a type of flexible packaging made up of material or stock which is used to form a lid. For example, the materials which can be heated and sealed over the open ends of the packages.
The rise in the disposable income in developing countries and the increase in demand for the ready-to-consume food are majorly contributing to the growth of the flexible lid-stock packaging market. The market is also extensively driven by reduction in the cost of raw materials required for the manufacturing of flexible lid stock packaging and the ease of handling the packets with barrier properties. Flexible lid stock packages also offer sterile properties, which make it suitable for use by the pharmaceutical companies, further driving the growth of the market. The easy and long term storage capacity of the flexible lid stock packaging further drives the growth of the market.
The Flexible Lid Stock Packaging Market can geographically be segmented as North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). Asia-Pacific is expected to dominate the global flexible lid stock packaging market due the increase in disposable income in the developing economies such as India and China. The other factors contributing to the growth of the market are convenient handling and the rising trend of smaller households which majorly use products stored in small flexible lid stock packages in the region.
The key players of flexible lid stock packaging market are Amcor Ltd. (Australia), Bemis Company, Inc. (U.S.), Berry Plastics Corporation (U.S.), Mondi plc. (Austria), Sonoco Products Company (U.S.), EP Industries Ltd. (Alfreton, England), Wipak Germany GmbH (Germany), Anchor Packaging Inc. (U.S.), Coveris Holdings S.A. (U.S.) Sealed Air Corporation (U.S.) and others.
The report for Flexible Lid Stock Packaging Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.