PUBLISHER: The Freedonia Group | PRODUCT CODE: 1823739
PUBLISHER: The Freedonia Group | PRODUCT CODE: 1823739
Converted flexible packaging demand is projected to increase 2.9% per year to $36.4 billion in 2029. The market is experiencing steady growth driven by sustainability pressures, the demand for premium features, and expanding opportunities in nonfood sectors. Regulations like Extended Producer Responsibility (EPR) are pushing the industry toward recyclable and compostable materials. Premium features such as resealability and high-quality graphics are boosting revenue. While food packaging remains dominant, nonfood applications (like household, pet care, and consumer durables) are increasingly contributing to market growth, particularly due to e-commerce and shipping efficiency needs.
This report covers the converted flexible packaging market by product, material, and market. Demand is presented US dollars and units.
Sales by product are presented for:
Pouches
Bags
Wrap
Other Products
Sales by material in study are presented for:
Plastic
Paper
Aluminum Foil
Other Materials
Sales by market are presented for:
Food
Nonfood
Scope of the report
This report analyzes the scope, size, and growth of the converted flexible packaging market, including key trends in products, materials, and markets. Historical data are provided for 2014, 2019, and 2024 for converted flexible packaging demand, with forecasts for 2029 and 2034. Data are provided in US dollars and units. Also included is an analysis of key industry players and their US market share.