Plastic will maintain its hegemony in the multilayer flexible packaging market, with eight out of ten manufacturers opting for the material. Umpteen mechanical properties and low-cost manufacturing processes are enabling broad adoption of plastics, including polyethylene (PE) and polyethylene terephthalate (PET).
As growth in plastic waste generation is creating a fundamental challenge for regulators, they are instituting norms to tackle environmental waste as well as enhance waste-management techniques. Feeling the regulatory pressure, market players are turning to sustainable alternatives such as paper and aluminum foil for manufacturing multilayer flexible packaging systems.
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In its upcoming business report, FMI details the historical and current scenarios of the global Multilayer Flexible Packaging Market in terms of production, consumption, volume and value. This report studies the market into different segments, regions and players based on demand patterns and growth prospects.
The vital information and forecasting statistics covered in the Multilayer Flexible Packaging market report will provide established and emerging market players the insights they need to formulate long-term strategies and maintain business continuity during crises such as the ongoing COVID-19 pandemic.
Analysis of the impact of COVID-19 on the Multilayer Flexible Packaging Market
The recent outbreak of COVID-19 has negatively impacted various markets in the packaging industry, and the multi-layer flexible packaging market is no exception. Products classified as ‘necessities’ continued to record strong sales, while demand for non-essential products plummeted.
In response to government action, particularly social distancing norms and stay-at-home orders, companies operating in the multi-layer flexible packaging market have stopped production. In addition, movement restrictions and supply chain disruptions have created a logistics nightmare for market participants, resulting in severe product shortages in global markets. Several market players plan to shift their supply chains from China, the first epicenter of COVID-19.
FMI’s report includes an interesting chapter on the preliminary impact of COVID-19 on the Multilayer Flexible Packaging market. This helps both major and emerging market players to understand market scenarios during crises and make sound decisions to gain a distinct competitive advantage.
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Multilayer Flexible Packaging Market: Segmentation
The valuable information covered in FMI’s Multilayer Flexible Packaging Market report has been segmented into major segments and sub-segments.
product
- pants
- pouches and sachets
- packaging film
- laminate
- Others (liner, stick pack, etc.)
material
- plastic
- Polypropylene (PP)
- rice
- CPP
- up
- Polypropylene (PP)
Multilayer Flexible Packaging Market: Competitive Analysis
FMI’s research provides a comprehensive analysis of global, regional and country level players operating in the Multilayer Flexible Packaging Market. The competitive information detailed in the Multilayer Flexible Packaging market report is based on each market player’s innovative product launches, distribution channels, local networks, industry penetration, production methods, and revenue generation. Additionally, growth strategies and acquisitions and acquisitions (M&A) activities related to the players are included in the Multilayer Flexible Packaging Market report.
The key players covered in the report are:
Mondi Group plc, Berry Global Group, Inc., Sonoco Products Company, Sealed Air Corporation 및 Constantia Flexibles Group GmbH.
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Answers to Important Questions in the Multilayer Flexible Packaging Market Report
- Who will remain the highest revenue contributors in other regional markets?
- At what rate did the global Multilayer Flexible Packaging market expand during the forecast period?
- What will the global Multilayer Flexible Packaging market look like by the end of the forecast period?
- What innovative strategies are adopted by the multilayer flexible packaging market players to stay ahead?
- What are the restrictions affecting the growth of the global Multilayer Flexible Packaging market?
Highlights of the report
- Growth Drivers and Opportunities: Comprehensive analysis of growth drivers and opportunities for market players in various regional markets
- Recent Trends and Forecasts: A detailed assessment of the latest trends, technological developments and forecasts over a 5- or 10-year period.
- Segment Analysis: What differentiates the role of these segments in an extensive analysis of each segment and market revenue forecasts and growth rate analysis
- Regional Market Forecast: A thorough analysis of each regional market to provide stakeholders with the information they need to make important decisions
- Competitive landscape: Comprehensive insights into both leading and emerging players competing for a piece of the Multilayer Flexible Packaging market
About FMI
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services serving clients in more than 150 countries. FMI is headquartered in Dubai, the global financial capital, with shipping centers in the United States and India. FMI’s latest market research reports and industry analyzes help companies navigate the challenges and make important decisions with confidence and clarity amid fierce competition. Customized and syndicated market research reports provide actionable insights that drive sustainable growth. FMI’s team of expert-led analysts continuously track new trends and events across a wide range of industries to prepare clients for the evolving needs of consumers.
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