Flexible Lid Packaging Market Size Expected to Grow USD 1.92 Billion | Growing demand for MAP in flexible packaging to drive growth

NEW YORK, April 15, 2022 /PRNewswire/ — The soft lid packaging market is expected to grow by $1.92 billion from 2021 to 2026, growing at a CAGR of 5.9% over the forecast period, according to Technavio. The report offers up-to-date analysis along with the exact growth variance and annual growth rate.

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Flexible Lid Stock Packaging Market 2022-2026: Scope

The Soft Lid Packaging Market report covers the following areas:

Flexible Lid Stock Packaging Market 2022-2026: Driver and Challenge

the growing demand for MAP in flexible packaging is driving the growth of the flexible lid stock packaging market. MAP is a fine mixture of atmospheric gases such as oxygen, nitrogen and carbon dioxide in a high barrier package. It helps maintain the nutritional and visual appeal of foods and extend shelf life without the use of chemical preservatives. It also reduces the aging process of the product and prevents loss of taste, color and other types of deterioration. MAP helps to reduce product turnover and replenishment cycle and therefore labor cost. These benefits of MAP will drive the growth of the flexible lid packaging market over the forecast period.

Strict government regulations on reducing packaging waste is a challenge for the growth of the soft lid packaging market. Packaging suppliers offer innovative solutions to reduce the cost of packaging as well as packaging waste. For example, DuPont introduced DuPont Surlyn Ionomer Resin in 2015, a paper-based pouch for processed foods that can be used to create a diaper and is one-third the size of other polyethylene diapers. This reduces packaging costs and packaging waste. Hence, such types of innovations in paper packaging, along with increasing government regulations on waste reduction, are expected to hamper the global flexible lid packaging market during the forecast period.

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Flexible Lids Stock Packaging Market 2022-2026: Segmentation

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Flexible Lid Stock Packaging Market 2022-2026: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the flexible cover packaging market including Amcor Plc, Berry Global Inc., Constantia Flexibles Group GmbH, Coveris Management GmbH, DuPont de Nemours Inc., Fres co System UNITED STATES Inc., Glenroy Inc., Huhtamaki Oyj, KP Holding GmbH and Co. KG, Mondi plc, Sealed Air Corp., Sonoco Products Co., Toray Industries Inc., UFlex Ltd., WestRock Co. and Wipak Group, among others. The major offerings from some of the vendors are mentioned below:

• Amcor Plc- The company offers stock flexible packaging of lids such as Primera Blister Lidding for healthcare applications.

• Berry Global Inc. – The company offers flexible lid packaging, which can be purchased independently or paired with tumblers, containers, jars or drink jars.

• Constantia Flexibles Group GmbH – The company offers stock flexible packaging of lids named Aluminum Lid for applications such as processed foods and pet care.

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Flexible Lids Inventory Packaging Market 2022-2026: Key Highlights

• Market CAGR over the forecast period 2022-2026

• Detailed information on the factors that will contribute to the growth of the flexible lid packaging market over the next five years

• Estimation of the soft lid packaging market size and its contribution to the parent market

• Predictions on upcoming trends and changes in consumer behavior

• The growth of the flexible lidded packaging market

• Market Competitive Landscape Analysis and Detailed Vendor Information

• Complete details of factors that will challenge the growth of the Flexible Lids Packaging Market vendors

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Contents :

1. Summary

2 Market landscape

3 Market sizing

4 Five forces analysis

5 Market Segmentation by End User

6 Customer Landscape

7 Geographic landscape

8 drivers, challenges and trends

9 Supplier Landscape

10 Vendor Analysis

11 Appendix

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