Flexible Lid Stock Packaging Market Size to Grow by USD 1.92 billion | Growing Demand for MAP in Flexible Packaging to Boost Growth | Technavio – QNT Press Release

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NEW YORK, April 15, 2022 /PRNewswire/ — The flexible lid stock packaging market is expected to grow by USD 1.92bn From 2021 to 2026, progressing at a CAGR of 5.9% during the forecast period, according to Technavio. The report offers an up-to-date analysis as well as exact growth variance and the YOY growth rate.

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Flexible Lid Stock Packaging Market 2022-2026: Scope

The flexible lid stock packaging market report covers the following areas:

• Flexible Lid Stock Packaging Market size
• Flexible Lid Stock Packaging Market trends
• Flexible Lid Stock Packaging Market industry analysis

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

The growing demand for MAP in flexible packaging is driving the flexible lid stock packaging market growth. MAP is a fine blend of atmospheric gases such as oxygen, nitrogen, and carbon dioxide in a high-barrier package. It helps in maintaining the nutritional and visual appeal of the food and extending shelf life without using chemical preservatives. It also reduces the aging process of the product and prevents loss of taste, color, and other types of deterioration. MAP helps reduce the product rotation cycle and restocking and, in turn, the labor cost. Such advantages of MAP will drive the flexible lid stock packaging market growth during the forecast period.

Stringent government regulations on the reduction of packaging wastes is challenging the flexible lid stock packaging market growth. Packaging vendors are coming up with innovative solutions to reduce the cost of packaging as well as the packaging waste. For instance, DuPont introduced DuPont Surlyn ionomer resin in 2015, a paper-based pouch for processed food, which can be used to create a layer and is one-third the size of other polyethylene layers. This lowers packaging costs and packaging waste. Hence, such types of innovations in paper packaging, as well as increasing government regulations on waste reduction are expected to hinder the global flexible lid stock packaging market during the forecast period.

Flexible Lid Stock Packaging Market 2022-2026: Segmentation

• End-user
• Food
• Pharmaceutical
• Personal Care
• Beverage
• Geography
• APAC
• North America
• Europe
• South America
• Middle East And Africa

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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 Lid Stock Packaging Market, including Amcor Plc, Berry Global Inc., Constantia Flexibles Group GmbH, Coveris Management GmbH, DuPont de Nemours Inc., Fres co System USA 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 key offerings of some of the vendors are mentioned below:

• Amcor Plc – The company offers flexible lid stock packaging such as Primera Blister Lidding for healthcare applications.
• Berry Global Inc. – The company offers flexible lid stock packaging, which can be purchased independently or paired with any beverage cups, containers, pots or tubs.
• Constantia Flexibles Group GmbH – The company offers flexible lid stock packaging named Aluminum Lid for applications such as processed food and pet care.

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Flexible Lid Stock Packaging Market 2022-2026: Key Highlights

• CAGR of the market during the forecast period 2022-2026
• Detailed information on factors that will assist flexible lid stock packaging market growth during the next five years
• Estimation of the flexible lid stock packaging market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the flexible lid stock packaging market
• Analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of flexible lid stock packaging market vendors

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