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Global Flexible Plastic Packaging Coating Market is expected to grow at CAGR 3.4% by 2029 owing to introduction of innovative tube-like pouches, says Absolute Markets Insights

Published On 06 Sep 2021 01:22 PM


Rising focus on sustainable solutions by plastic film suppliers and converters is expected to drive the demand of flexible plastic packaging coating market. Aforementioned factors and launches of novel methods by the market participants has the aided the demand of the overall industry in the recent past and is anticipated to continue the same trend over the forecast period. Sustainability is one of the key important factors that the companies are aiming towards from both demand and supply side.

A company named John Frieda Hair Care’s new packaging uses 50% less plastic reducing product waste. Named the Tube-Like-Pouch (TLP), the packaging was developed and commercialized by Cincinnati-based Kao USA Inc, the company claims the packaging structure uses 50% less plastic than an 8.45-oz tube, and the flexibility of the material allows for greater amounts of product to be squeezed out compared to the tube. The new launch of Kit Kat’s Birthday Cake by Hershey was the third new limited-edition flavor announced in 2020, following the success of Raspberry Crème and Lemon Crisp. The CPPouch family of film solutions from Profol provides flexible packaging pouch structures that are fully recyclable in nature and do not require the use of foil or solvents. The films meet the packaging industry’s need for highly functional, single-material solutions that can be more easily separated and recycled. CPPouch solutions include a coextruded, polypropylene-based film material. There are no extra lamination steps and no need for adhesive curing.

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One of the companies named Bizongo launched a partnership with Sparkplug Foods Pvt Ltd for Flavure whivh is India’s first brand to offer olives as a snacking option. Bizongo suggested FDA-approved retort pouches for packaging the olives after an extensive market research. These heat-resistant laminated plastic pouches have a shelf-life equivalent to that of foods in metal cans. Since the product had to be positioned as a quick, easy-to-eat snack, pouches were chosen over cans. This was guided by a structural benchmarking followed by the development of an innovative packaging format. SÜDPACK Verpackungen GmbH & Co. KG received a certificate of recyclability from the Institute cyclos-HTP for its packaging film concept, combining a Skin Multi SV top film (150 µm) and base film Ecoterm VP (250 µm). The combined top foil/base foil skin packaging concept can reduce material consumption by about 18% compared to tray packaging and MAP (modified atmosphere packaging). Nordmeccanica launched a non-solvent lamination solution designed for an on-demand, flexible packaging production on HP Indigo digital presses. Developed in collaboration with HP Indigo, the Super Simplex e800 Laminator is optimized for the HP Indigo 20000 Digital Press. The 762 mm (30 inch) HP Indigo 20000 can print on-demand virtually any sized flexible packaging application with unlimited variation and support demand for growing SKUs. Companies such as Mondi and Reckitt Benckiser launched a fully recyclable, mono-material flexible plastic packaging portfolio for the premium line of its Finish dishwasher tablets Quantum Ultimate. This product line had previously used a multilayer, PET/PE laminate pouch construction that was not recyclable.

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The detailed research study provides qualitative and quantitative analysis of the global flexible plastic packaging coating market. The flexible plastic packaging coating market has been analyzed from demand as well as supply side. The demand side analysis covers market revenue across regions and further across all the major countries. The supply side analysis covers the major market players and their regional and global presence and strategies. The geographical analysis done emphasizes on each of the major countries across North America, Europe, Asia Pacific, Middle East & Africa and Latin America

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Global Flexible Plastic Packaging Coating Market

  • By Substrate Type
    • Polyethylene
    • Polypropylene
    • Polyethylene Terephthalate
    • Polyamide
    • Poly Vinyl Chloride
    • Others
  • By Coating Type
    • Epoxies Coating
    • Acrylics Coating
    • Urethane and Polyurethane Coatings
    • Plasma Coating
    • Polyester Coating
    • Others
  • By End-User
    • Food and Beverage Packaging
    • Pharmaceutical Packaging
    • Cosmetics and Personal Care Packaging
    • Chemical Packaging
    • Consumer Durables and Electronics Goods (CDEG) Packaging
    • Others
  • By Region
  • North America
    • U.S.
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Nordic Countries
      • Denmark
      • Finland
      • Iceland
      • Sweden
      • Norway
    • Benelux Union
      • Belgium
      • The Netherlands
      • Luxembourg
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • New Zealand
    • Australia
    • South Korea
    • Southeast Asia
      • Indonesia
      • Thailand
      • Malaysia
      • Singapore
      • Rest of Southeast Asia
    • Rest of Asia Pacific
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • Kuwait
    • South Africa
    • Rest of Middle East & Africa
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America

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Absolute Markets Insights assists in providing accurate and latest trends related to consumer demand, consumer behavior, sales, and growth opportunities, for the better understanding of the market, thus helping in product designing, featuring, and demanding forecasts. Our experts provide you the end-products that can provide transparency, actionable data, cross-channel deployment program, performance, accurate testing capabilities and the ability to promote ongoing optimization. From the in-depth analysis and segregation, we serve our clients to fulfill their immediate as well as ongoing research requirements. Minute analysis impact large decisions and thereby the source of business intelligence (BI) plays an important role, which keeps us upgraded with current and upcoming market scenarios.

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Press Release Provided By: Absolute markets Insights