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2025-01-24
NEW YORK , Nov. 26, 2024 /PRNewswire/ -- Report with the AI impact on market trends - The global flexible industrial packaging market size is estimated to grow by USD 31.82 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 7.4% during the forecast period. Increase in demand for flexible industrial packaging from end-user industries is driving market growth, with a trend towards growing demand for biodegradable packaging alternative. However, volatility in raw material prices of flexible industrial packaging poses a challenge.Key market players include Aluflexpack AG, Amcor Plc, Anglo American plc, Berry Global Inc., Bulk Lift International LLC, Clifton Packaging Group Ltd., ePac Holdings LLC, Eskay Flexible Packaging Industries Pvt Ltd., Flexibles Industrial Packages Co., Global Pak Inc., Greif Inc., Industrial Packaging supply Inc., International Paper Co., Kiliper Corp., LC Packaging International BV, SAFEPACK Inc., Sealed Air Corp., SIG Group AG, Sonoco Products Co., and Surepak Ltd.. AI-Powered Market Evolution Insights. Our comprehensive market report ready with the latest trends, growth opportunities, and strategic analysis- View Free Sample Report PDF Key Market Trends Fueling Growth The Flexible Packaging Market is experiencing significant growth due to shifting industry preferences towards sustainable solutions. Vendors are expanding their product portfolios with eco-friendly pouches, bags, sachets, and roll stocks, incorporating properties like metal, plastic, and paper. The personal care and pharmaceutical sectors are key drivers, demanding cost-effective and strategic activities such as mergers and acquisitions. Modern FIBCs are manufactured using environmentally friendly woven PP fabric, reflecting this trend towards sustainable industrial packaging. Insights on how AI is driving innovation, efficiency, and market growth- Request Sample! Market Challenges The Flexible Packaging Market has experienced significant growth due to increasing industrialization and construction activities in emerging economies. This trend is driven by rising demand for construction, chemical, and food and beverage products. Flexible packaging solutions, including pouches, bags, sachets, and roll stocks, are crucial for efficient transportation and storage. In 2021, the global merchandise trade grew by 4%, boosting the demand for cost-effective packaging in sectors like personal care and pharmaceuticals. Strategic activities, such as mergers and acquisitions, continue to shape the packaging industry, with players investing in metal, plastic, and paper packaging technologies. Insights into how AI is reshaping industries and driving growth- Download a Sample Report Segment Overview This flexible industrial packaging market report extensively covers market segmentation by 1.1 Pouches 1.2 Wraps 1.3 Rollstock 1.4 Bags 2.1 Chemical industry 2.2 Construction industry 2.3 Food and beverages industry 2.4 Pharmaceutical industry 2.5 Others 3.1 APAC 3.2 North America 3.3 Europe 3.4 South America 3.5 Middle East and Africa 1.1 Pouches- The Flexible Packaging Market experiences continuous growth, particularly in the segments of pouches, bags, sachets, and roll stocks. This market caters to various industries, including food, personal care, and pharmaceutical sectors. Pouches, available in stand-up, spouted, and eco-friendly versions, are popular due to their adaptability, convenience, and sustainability. Bags and sachets offer similar benefits, while roll stocks provide versatility. Metal, plastic, and paper materials are commonly used in this market. Strategic activities, such as mergers and acquisitions, shape the competitive landscape. In the food industry, pouches are used for snacks, coffee, and pet food, while pharmaceutical sector relies on pouches for drugs and medical devices. Cost-effective packaging solutions are a key focus in this market. Download complimentary Sample Report to gain insights into AI's impact on market dynamics, emerging trends, and future opportunities- including forecast (2024-2028) and historic data (2018 - 2022) Market Research Overview The Flexible Industrial Packaging Market encompasses a broad range of products designed for protecting and transporting various goods. These include agrochemicals, foods, pharmaceuticals, and other industrial materials. The market is driven by several factors, such as the need for lightweight, easy-to-handle packaging solutions, increasing consumer demand for convenient and sustainable packaging, and the growing trend towards automation and digitization in manufacturing processes. Moreover, the expansion of global trade and the rise of e-commerce have fueled the demand for flexible industrial packaging. The market is segmented based on materials, applications, and regions. Key materials used in this market are polyethylene, polypropylene, polyvinyl chloride, and biodegradable polymers. The major applications include food and beverages, healthcare and pharmaceuticals, agriculture, and industrial and specialty packaging. The market is expected to grow at a significant CAGR during the forecast period, driven by the increasing demand for sustainable and eco-friendly packaging solutions, the growing adoption of advanced technologies, and the expanding industrial sector in emerging economies. However, the market faces challenges such as the high cost of raw materials and the increasing competition from alternative packaging solutions. Table of Contents: 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation Type Pouches Wraps Rollstock Bags Application Chemical Industry Construction Industry Food And Beverages Industry Pharmaceutical Industry Others Geography APAC North America Europe South America Middle East And Africa 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Company Landscape 11 Company Analysis 12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: [email protected] Website: www.technavio.com/ SOURCE Technavios888 games

Chief Minister M.K. Stalin assures farmers of all support

LOVE Island’s most controversial bombshell Scott Van Der Sluis is eyeing a spot on the second series of All Stars. It would mark his fourth attempt at finding love in the ITV villa, following a whirlwind year hopping from one Love Island spin-off to another. The Welsh footballer, 23, has already graced the villa in the UK, the US, and most recently Love Island Games . A TV insider revealed: " Scott is a seasoned pro at shaking things up in the villa now. "He knows how to deliver good tv and he'll bring everything he has learnt from appearing on the international versions of the show. "Scott has also failed to find the one, despite multiple attempts, but perhaps it will be fourth time lucky for him in the South African sunshine?" Despite his repeated efforts, Scott’s love life has been nothing short of chaotic. He initially coupled up with Irish stunner Catherine Agbaje in the UK series, but their fiery romance fizzled out in the villa. Fans were briefly hopeful of a reunion when a cosy FaceTime call between the exes went viral, but Scott’s decision to jet off to Love Island USA and then join The Games hinted that his heart might still be up for grabs. The Sun revealed Catherine is also being lined up for All Stars. Scott dropped a bombshell of his own, moaning he wasn't invited onto the previous All Stars series. Taking a swipe at Love Island producers, he quipped: “This is Ex On The Beach, that’s why I’m not in there.” The sharp-tongued islander has never been one to shy away from controversy. From social media spats with co-stars like Whitney Adebayo to publicly calling out Messy Mitch. Despite his divisive reputation, Scott’s knack for drama and his relentless pursuit of love make him the perfect candidate for Love Island All Stars. Love Island fans have been hopeful of a reunion between Scott and Catherine. Catherine left Scott - and viewers - stunned when she returned from Casa Amor with Elom in series 10 of Love Island. They were dumped from the villa shortly afterwards and their romance quickly fizzled out . Speaking to New magazine at the time, Catherine said: "Me and Elom, we get along. "But we were already going through the bombshell comments and dealing with that. "So our relationship already had holes in it, but early on we decided that we were going to be friends."WASHINGTON — A White House official said Friday the U.S. identified a ninth telecommunications company impacted by a wide-ranging Chinese espionage effort and that further steps are planned to curb cyberattacks from Beijing. As the Biden administration learns about the scope and scale of the so-called Salt Typhoon breach that it attributed to China, officials are laying the blame on companies that were slow to identify the attack. “The reality is that China is targeting critical infrastructure in the United States. Those are private sector companies, and we still see companies not doing the basics,” Anne Neuberger, the deputy national security adviser for cyber and emerging technologies, told reporters Friday. “That’s why we’re looking forward and saying ‘Let’s lock down this infrastructure,’” she added. “And frankly, let’s hold the Chinese accountable for this.” The Commerce Department this month moved ahead with a ban of China Telecom and, according to Neuberger, similar actions will be released in the next month. Salt Typhoon is the name given to the hacking group behind the attacks. Microsoft Corp. assigns cyberthreat actors different names, to better identify and reference incidents, with the moniker “typhoon” used for activity originating from or attributed to China. Neuberger said one of the nine telecoms breached involved an administrator account that had access to over 100,000 routers. “So when the Chinese compromised that account, they gained that kind of broad access across the network. That’s not meaningful cybersecurity to defend against the nation-state actors,” Neuberger added. The U.S. still doesn’t have an exact assessment of how many Americans were targeted, Neuberger said. A large number of individuals were affected by geolocating around the Washington, D.C., and Virginia area — but fewer than 100 individuals’ phone calls and texts were hacked, she said. The Federal Communications Commission is voting on a rule in mid-January that would help protect America’s critical infrastructure, Neuberger said. She said the General Services Administration is reviewing government contracts to require better cybersecurity practices. Neuberger also cited an alarming increase in the number of health-related hacks that exposed Americans’ health care information and left them vulnerable to blackmail and said that the Department of Health and Human Services will propose new rules to protect medical data. ©2024 Bloomberg L.P. Visit bloomberg.com. Distributed by Tribune Content Agency, LLC.

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