Flexible Packaging Market, By Material, By Product Type, By Application, By Geography

Description

The global flexible packaging market is estimated to be valued at USD 298.11 Bn in 2024 and is expected to reach USD 426.74 Bn by 2031, growing at a compound annual growth rate (CAGR) of 5.3% from 2024 to 2031.

Report Coverage		Report Details
Base Year:	2023	Market Size in 2024:	US$ 298.11 Bn
Historical Data for:	2019 To 2023	Forecast Period:	2024 To 2031
Forecast Period 2024 to 2031 CAGR:	5.30%	2031 Value Projection:	US$ 426.74 Bn

Figure 1.Flexible Packaging Market Share (%), By Region, 2024

Flexible packaging refers to packages or pouches produced using various materials like plastics, paper, aluminum foil, or cellophane that are suitable for packaging consumer goods, food, pharmaceuticals, and several industrial products. Flexible packaging provides consumer convenience as they allow re-sealing and dispensing of contents efficiently. They extend shelf life while protecting products from damage and contamination. The growing demand from end-use industries like food, beverages, personal care, and pharmaceuticals is expected to drive the global flexible packaging market during the forecast period. Market Dynamics:

Increasing demand from the food industry for lightweight, tamper-proof, and easy-to-carry packaging solutions is expected to drive the market over the forecast period. The growing demand for smaller pack sizes suitable for on-the-go consumption backed by changing consumer lifestyles and increased snacking trends are anticipated to propel the flexible packaging market. However, concerns regarding harmful impacts of plastics waste on the environment are expected to restrain the market growth. Development of bio-based and sustainable flexible packaging using renewable resources can create opportunities for manufacturers. The implementation of stringent regulations aimed at polystyrene plastic disposal and recycling may challenge industry players to develop affordable green alternatives.

Key Features of the Study:

This report provides an in-depth analysis of the global flexible packaging market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global flexible packaging market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Amcor plc, Mondi Group, Huhtamaki Flexible Packaging, Sonoco Products Company, SEE, Constantia Flexibles, Bemis Manufacturing Company, UKrMetal, ProAmpac, Berry Global Inc, FlexPak Services, Transcontinental Inc., Coveris, DS Smith, American Packaging Corporation, InterFlex Group, FLEX-PACK ENGINEERING, INC., Innovia Films, Cosmo Films, and Novolex
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global flexible packaging market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global flexible packaging market

Detailed Segmentation-

By Material:
- Plastic
- Paper
- Metal
- Bioplastics
- Others
By Product Type:
- Stand-up Pouches
- Vacuum Pouches
- Retort Pouches
- Converted Roll Stock
- Gusseted Bags
- Wicketed Bags
- Laminated Tubes
- Squeezable Bottles
- Others
By Age Group:
- Food & Beverage
- Pharmaceutical
- Cosmetics
- Others
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Company Profiles:
- Amcor plc
- Mondi Group
- Huhtamaki Flexible Packaging
- Sonoco Products Company
- SEE
- Constantia Flexibles
- Bemis Manufacturing Company
- UKrMetal
- ProAmpac
- Berry Global Inc
- FlexPak Services
- Transcontinental Inc.
- Coveris
- DS Smith
- American Packaging Corporation
- InterFlex Group
- FLEX-PACK ENGINEERING, INC.
- Innovia Films
- Cosmo Films
- Novolex

Product Code: CMI3773

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Material
- Market Snippet, By Product Type
- Market Snippet, By Application
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
- PEST Analysis
- PORTER's Five Forces Analysis
- Market Opportunities
- Regulatory Scenario
- Industry Trend
- Mergers and Acquisitions

4. Global Flexible Packaging Market - Impact of Coronavirus (COVID-19) Pandemic

Overview
Factors Affecting the Global Flexible Packaging Market
Impact Analysis

5. Global Flexible Packaging Market, By Material, 2019-2031, (US$ Bn & KT)

Introduction
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Plastic
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Paper
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Metal
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Bioplastics
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Others
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends

6. Global Flexible Packaging Market, By Product Type, 2019-2031, (US$ Bn & KT)

Introduction
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Stand-up Pouches
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Vacuum Pouches
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Retort Pouches
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Converted Roll Stock
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Gusseted Bags
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Wicketed Bags
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Laminated Tubes
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Squeezable Bottles
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Others
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends

7. Global Flexible Packaging Market, By Application, 2019-2031, (US$ Bn & KT)

Introduction
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Food & Beverage
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Pharmaceutical
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Cosmetics
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Others
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends

8. Global Flexible Packaging Market, By Region, 2019-2031, (US$ Bn & KT)

Introduction
- Market Share Analysis, By Region, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020-2031
North America
- Introduction
- Market Size and Forecast, By Material, 2019 - 2031, (US$ Bn & KT)
- Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Bn & KT)
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Bn & KT)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn & KT)
U.S.
Canada
Latin America
- Introduction
- Market Size and Forecast, By Material, 2019 - 2031, (US$ Bn & KT))
- Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Bn & KT)
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Bn & KT)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn & KT)
Brazil
Argentina
Mexico
Rest of Latin America
Europe
- Introduction
- Market Size and Forecast, By Material, 2019 - 2031, (US$ Bn & KT)
- Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Bn & KT)
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Bn & KT)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn & KT)
U.K.
Germany
Italy
France
Spain
Russia
Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, By Material, 2019 - 2031, (US$ Bn & KT)
- Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Bn & KT)
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Bn & KT)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn & KT)
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Middle East & Africa
- Introduction
- Market Size and Forecast, By Material, 2019 - 2031, (US$ Bn & KT)
- Market Size and Forecast, By Product Type, 2019 - 2031 (US$ Bn & KT)
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Bn & KT)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn & KT)
GCC Countries
Israel
Rest of Middle East & Africa

9. Competitive Landscape

Market Share Analysis
Company Profiles
- Amcor plc
Company Overview
Product Portfolio
Recent Developments/Updates
- Mondi Group
- Huhtamaki Flexible Packaging
- Sonoco Products Company
- SEE
- Constantia Flexibles
- Bemis Manufacturing Company
- UKrMetal
- ProAmpac
- Berry Global Inc
- FlexPak Services
- Transcontinental Inc.
- Coveris
- DS Smith
- American Packaging Corporation
- InterFlex Group
- FLEX-PACK ENGINEERING, INC.
- Innovia Films
- Cosmo Films
- Novolex

10. Analyst Recommendation

Wheel of Fortune
Analyst View
Coherent Opportunity Map

11. Section

References
Research Methodology
About Us and Sales Contact
- Browse 25 market data tables* and 20 figures* on Global Flexible Packaging Market" - Global forecast to 2031.