DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/wkkbk6/flexible_plastic) has announced the addition of the "Flexible Plastic Packaging Market in the US 2015-2019" report to their offering.
Increased focus is being given to convenience and sustainability issues. Flexible plastic packaging materials are 80% lighter in weight than equivalent rigid plastic packaging materials as well as cheaper to manufacture. They also have high tensile strength and barrier properties. Flexible packaging is highly versatile and can be converted into many shapes and sizes. The development of convenient, innovative items, such as stand-up pouches, is making flexible plastics more popular. Carriage and warehousing costs for these items are also low.
According to the report, smart packaging refers to "smart" materials capable of sensing a change in the immediate external environment through the use of sensors and indicators, thereby increasing the shelf life of the items inside. Such materials take automatic rectifying actions in response to changes in the environment (whether temperature, moisture, or pressure related). Antimicrobial films, through additives, also control the growth of microorganisms. Such films are even fitted with radio-frequency identification tags for tracking items. These films is expected to have a significant impact on the growth of the market during the forecast period. The analysts forecast the US flexible plastic packaging market to grow at a CAGR of 3.39% over the period 2014-2019.
Major vendors are being forced to adopt lower prices, which will affect the overall profit margins of vendors and hinder market growth.
Key Topics Covered
- Executive summary
- Scope of the report
- Market research methodology
- Introduction
- Market landscape
- Market segmentation by product
- Market segmentation by raw material
- Market growth drivers
- Impact of drivers
- Market challenges
- Impact of drivers and challenges
- Market trends
- Vendor landscape
- Key vendor analysis
- Appendix
Companies Mentioned
- Amcor
- Bemis
- Berry
- Pactiv
- Sealed Air
- AEP Industries
- Bischof + Klein
- Clondalkin Group
- Constantia Flexibles
- Coveris
- DS Smith
- Graham Packaging
- Huhtamaki
- LINPAC Group
- Printpack
- Winpak
- Wipak
For more information visit http://www.researchandmarkets.com/research/wkkbk6/flexible_plastic