Flexible plastics have been a part of the packaging industry since the invention of cellophane more than 100 years ago. Light weight, low manufacturing cost, easy storage, and intrinsic properties such as chemical and moisture resistance are among the valuable features.
Sustainability has become an important consideration in the packaging industry. Flexible plastics have a smaller carbon footprint than rigid plastics (using 88% less fossil fuel) and reduce solid waste by 66%. While consumers in the United States and Canada traditionally preferred rigid containers, cultural influences from Mexico and busier lifestyles also are contributing to the shift in demand.
According to PlasticsEurope, Germany, Italy, France, the United Kingdom, and Spain collectively accounted for about 67% of the continent’s plastic demand in 2017. Packaging is a significant part of that. The European Union has set a goal for all plastic packaging waste to be recyclable by 2030, which has exerted pressure on manufacturers to introduce packaging that meets the standard.
In the Asia-Pacific region, a larger working-age population coupled with dual-income households suggests a higher demand for ready-to-eat meals and packages with longer shelf life. By 2030, China and India are expected to be home to about two-thirds of the world’s middle-class population. Their need for food, water, medicines, and other essential items will benefit the flexible plastics industry.
Gulf Cooperation Council nations also have shown a significant increase plastic consumption in the last few years. Urbanization and more disposable income are factors.
The Frost Radar™ reveals the market positioning of companies in an industry using their Growth and Innovation scores as highlighted in the Frost Radar™ methodology. The document presents competitive profiles on each of the companies in the Frost Radar™ based on their strengths, opportunities, and a small discussion on their positioning. Frost & Sullivan analyzes hundreds of companies in the industry and benchmarks them across 10 criteria on the Frost Radar™, where the leading companies in the industry are then positioned. Industry leaders on both the Growth and Innovation indices are recognized as best practice recipients.

Strategic Imperative
Growth Environment
Frost Radar™: Global Flexible Plastic Packaging Market
Frost Radar™: Competitive Environment
Frost Radar™: Competitive Environment (continued)
Amcor plc
American Packaging Corporation
Berry Global, Inc.
Bryce Corporation
Constantia Flexibles
Glenroy, Inc.
Huhtamäki Oyj
Mondi Group
Novolex
Printpack
ProAmpac LLC
Scholle IPN Corporation
Sealed Air Corporation
Transcontinental Inc.
UFlex Limited
Wihuri Group
Strategic Insights
Significance of Being on the Frost Radar™
Frost Radar™ Empowers the CEO’s Growth Team
Frost Radar™ Empowers Investors
Frost Radar™ Empowers Customers
Frost Radar™ Empowers the Board of Directors
Frost Radar™: Benchmarking Future Growth Potential
Frost Radar™: Benchmarking Future Growth Potential
Frost Radar™: Benchmarking Future Growth Potential
Legal Disclaimer
Frost Radar™: Benchmarking Future Growth Potential 2 Major Indices, 10 Analytical Ingredients, 1 Platform
Growth Index
Growth Index (GI) is a measure of a company’s growth performance and track record, along with its ability to develop and execute a fully aligned growth strategy and vision; a robust growth pipeline system; and effective market, competitor, and end-user focused sales and marketing strategies.
- Market Share (previous 3 years)
This is a comparison of a company’s market share relative to its competitors in a given market space for the previous 3 years. - Revenue Growth (previous 3 years)
This is a look at a company’s revenue growth rate for the previous 3 years in the market/industry/category that forms the context for the given Frost Radar™. - Growth Pipeline
This is an evaluation of the strength and leverage of a company’s growth pipeline system to continuously capture, analyze, and prioritize its universe of growth opportunities. - Vision and Strategy
This is an assessment of how well a company’s growth strategy is aligned with its vision. Are the investments that a company is making in new products and markets consistent with the stated vision? - Sales and Marketing
This is a measure of the effectiveness of a company’s sales and marketing efforts in helping it drive demand and achieve its growth objectives.
Innovation Index
Innovation Index (II) is a measure of a company’s ability to develop products/ services/ solutions (with a clear understanding of disruptive Mega Trends) that are globally applicable, are able to evolve and expand to serve multiple markets and are aligned to customers’ changing needs.
- INNOVATION SCALABILITY
This determines whether an organization’s innovations are globally scalable and applicable in both developing and mature markets, and also in adjacent and non-adjacent industry verticals. - RESEARCH AND DEVELOPMENT
This is a measure of the efficacy of a company’s R&D strategy, as determined by the size of its R&D investment and how it feeds the innovation pipeline. - PRODUCT PORTFOLIO
This is a measure of a company’s product portfolio, focusing on the relative contribution of new products to its annual revenue. - MEGATRENDS LEVERAGE
This is an assessment of a company’s proactive leverage of evolving, long-term opportunities and new business models, as the foundation of its innovation pipeline. - CUSTOMER ALIGNMENT
This evaluates the applicability of a company’s products/services/solutions to current and potential customers, as well as how its innovation strategy is influenced by evolving customer needs.
Significance of Being on the Frost Radar™
Companies plotted on the Frost RadarTM are the leaders in the industry for growth, innovation, or both. They are instrumental in advancing the industry into the future.
- GROWTH POTENTIAL
Your organization has significant future growth potential, which makes it a Company to Action. - BEST PRACTICES
Your organization is well positioned to shape Growth Pipeline™ best practices in your industry. - COMPETITIVE INTENSITY
Your organization is one of the key drivers of competitive intensity in the growth environment. - CUSTOMER VALUE
Your organization has demonstrated the ability to significantly enhance its customer value proposition. - PARTNER POTENTIAL
Your organization is top of mind for customers, investors, value chain partners, and future talent as a significant value provider.
Speak directly with our analytics experts for tailored recommendations.
Purchase includes:
- Report download
- Growth Dialog™ with our experts
Growth Dialog™
A tailored session with you where we identify the:- Strategic Imperatives
- Growth Opportunities
- Best Practices
- Companies to Action
Impacting your company's future growth potential.
| Deliverable Type | Frost Radar |
|---|---|
| No Index | No |
| Podcast | No |
| Author | Prateeksha Kaul |
| Industries | Chemicals and Materials |
| WIP Number | K509-01-00-00-00 |
| Is Prebook | No |
| GPS Codes | 9100-A2,9938-A2,9595 |
Frost Radar™: Global Flexible Plastic Packaging Market, 2020
A Benchmarking System to Spark Companies to Action - Innovation that Fuels New Deal Flow and Growth Pipelines
29-Sep-2020
Global
Frost Radar
