PUBLISHER: Grand View Research | PRODUCT CODE: 1941918
PUBLISHER: Grand View Research | PRODUCT CODE: 1941918
The global flexible plastic packaging market size was estimated at USD 166.45 billion in 2025 and is projected to reach USD 243.51 billion by 2033, growing at a CAGR of 5.0% from 2026 to 2033. Rising demand for lightweight, cost-efficient, and convenient packaging in food, beverages, and pharmaceuticals is driving flexible plastic packaging adoption.
Its superior barrier properties, extended shelf life, and compatibility with sustainability innovations further fuel growth. The flexible plastic packaging market is driven by increasing demand for convenience-oriented packaging solutions across food, beverage, and consumer goods industries. Urbanization, changing lifestyles, and the growth of ready-to-eat and ready-to-cook products have accelerated the adoption of lightweight, resealable, and easy-to-handle Products such as pouches, sachets, and wraps. Flexible plastic packaging provides effective barrier protection against moisture and oxygen, supports extended shelf life, and ensures product integrity, making it a preferred choice for manufacturers and foodservice operators.
Cost efficiency and supply chain optimization represent another major growth driver for flexible plastic packaging. Compared to rigid alternatives, flexible plastics require lower material usage, reduce transportation and storage costs, and improve overall logistics efficiency. These advantages are increasingly important amid raw material price volatility, evolving trade policies, and the growing emphasis on domestic manufacturing in the U.S. In May 2025, Oroville Flexible Packaging, a RE:CIRCLE Solutions company based in California, introduced a sustainable flexible plastics packaging and recycling system offering customized domestic manufacturing and closed-loop recycling services, demonstrating how flexible packaging solutions can enhance operational resilience while addressing sustainability and sourcing requirements.
Technological advancements and sustainability-focused innovation are further accelerating market growth. The industry is witnessing increased adoption of recyclable and mono-material structures, downgauging technologies, and enhanced printing and traceability solutions to support circular economy objectives and regulatory compliance. The Oroville Flexible Packaging initiative also incorporates transparent audit trails to meet rising sustainability expectations from U.S. retail and foodservice customers. Such developments reinforce flexible plastic packaging as a strategically important solution that balances performance, cost efficiency, and environmental responsibility.
Global Flexible Plastic Packaging Market Report Segmentation
This report forecasts revenue growth at the regional, and country levels and provides an analysis on the latest industry trends and opportunities in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the global flexible plastic packaging market report on the basis of material, product, end-use, and region: