Lewes, DE -- (SBWire) -- 01/04/2016 --Market outlook of flexible packaging. The flexible packaging market in China is expected to grow moderately during the forecast period. Publisher market research analysts predict the flexible packaging market in China to post a CAGR of close to 8% over the next four years.
One of the major reason for the growth of this market in China is increased economic development in the country. In terms of sales revenue, China is the dominant country with a market presence of more than 5,000 converters. Converters are those companies which specialize in combining raw materials such as plastic, paper, cellulose, aluminum and converting them to create final flexible packaging products. Converters in this country mainly supply the domestic food processing industry.
Market segmentation of flexible packaging in China by type
- Plastic
- Paper
- Aluminum foil
- Cellulose
The plastic segment is the largest segment of the flexible packaging market in China and it accounted for a little more than 74% of the market share in 2014. Various types of plastic are available in the market for manufacturing of packaging products to meet specific needs of consumers.
Market segmentation of flexible packaging in China by end-user segments
- Pharmaceutical and healthcare
- Food and beverage
- Other end-user applications
In 2014, the food and beverage segment accounted for the largest portion of the overall flexible packaging market in China, and it will continue to dominate the market during the forecast period.
The top manufacturers of flexible packaging in China analyzed in the report
- Amcor Flexibles
- FlexPAC
- ND Paper
- Shandong Lipeng
- Shanghai Zijiang
The other prominent vendors of this market include AEP Industries, American Packaging, Anchor Packaging, Ball, Bemis, Berry Plastics, Coveris, Exopack Holding, International Paper, Leucadia National, LINPAC Packaging, Packaging Corporation of America, Pactiv, Robbie Manufacturing, Reynolds Group, and Sonoco.
Key questions answered in the report
- Market share analysis of the key vendors of the flexible packaging market in China?
- What are the key factors driving the flexible packaging market in China?
- What are the key market trends impacting the growth of the flexible packaging market in China?
- What are the various opportunities and threats faced by the vendors in the flexible packaging market in China?
- Key outcome of the five forces analysis on the flexible packaging market in China?
- Growth forecast of the flexible packaging market in China until 2019?
Spanning over 60 pages and 33 Exhibit "Flexible Packaging Market in China 2015 - 2019" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market Overview, Market Landscape, Market segmentation by material, Market segmentation by end-user application, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.
Find more information Visit at:
http://www.marketresearchreports.com/technavio/flexible-packaging-market-china-2015-2019
Find all Flexible Packaging report at: http://www.marketresearchreports.com/flexible-packaging
About Market Research Reports, Inc.
Market Research Reports, Inc. is the world's leading source for market research reports and market data. We provide you with the latest market research reports on global markets, key industries, leading companies, new products and latest industry analysis & trends.
Yearly/Quarterly Report Subscription: http://www.marketresearchreports.com/subscriptions
