Flexible Packaging Market Size is valued at 280.49 billion in 2024 and is predicted to reach 461.19 billion by the year 2034 at a 5.2% CAGR during the forecast period for 2025-2034
Key Industry Insights & Findings from the Report:
Flexible packaging has gained substantial demand over the past few years as innovation in the packaging industry has seen a significant impetus owing to changing consumer preferences and requirements in multiple end-use applications. Flexible packaging has emerged as a popular choice due to its cost-effectiveness and longer shelf life than other packaging options.
Furthermore, the rising use of biodegradable plastics due to increased awareness about eco-friendly products among consumers; and transcultural eating habits have led to the growing demand for packaged fast foods, therefore driving the adoption of plastic in the packaging of food products. Besides that, the changing demand for more elegant and delicate packaging in an affordable manner has fostered the demand for Flexible packaging products during the forecast period.
However, recycling plastic packaging waste is a complex process requiring state-of-the-art infrastructure. It is a time-consuming process that needs personnel expertise which hampers the market's growth.
The flexible packaging market is divided into packaging type, material, printing technology, and end user. Based on packaging type, the flexible packaging market is segmented as pouches, roll stock, bags, films & wraps and others. The flexible packaging market is segmented by material: plastic, paper and metal. By printing technology, the market is segmented into rotogravure, flexography, digital printing and others. By end users, the flexible packaging market is segmented into food, beverage, pharmaceutical & healthcare, personal care & cosmetics and others.
The plastic category will hold a major global market share. The need for plastic packaging in food and beverage applications is anticipated to rise in response to the rising demand for novel products such as flex tanks and retort pouches for bulk transportation and storage of beverages and semi-solid food goods. Plastic is an excellent packing material for perishable goods like fruits, meat, and dairy products because it offers better pressure relief, greater structural and thermal integrity, and can act as an insulator. Globally high product consumption levels help the product have a large market share.
The food segment is projected to grow rapidly in the global flexible packaging market. Food can be transported more easily and successfully with proper packing. The expansion of advanced packaging in the food industry is also fueled by rising demand in emerging countries due to the rising consumption of packaged food items and raised awareness about nutrition and well-being. Additionally, the increasing prevalence of automated food manufacturing facilities necessitates employing cutting-edge packaging techniques for barrier-free packaging of completed goods, which spurs market expansion.
The North American region's flexible packaging market is expected to record the highest market share in revenue soon. This is majorly due to population growth, urbanization, changes in lifestyles, rise in income levels, increase in internet penetration and surge in development of the economy. In Addition, rising sales of products, increasing e-commerce activity, the presence of key flexible packaging manufacturers, and rapid industrialization are some of the major factors that govern the flexible packaging market in this region. Besides, the Asia-Pacific region will hold the most noteworthy market share in the upcoming years. The market will have better prospects for expansion thanks to the existence of the organized retail sector and the growing e-commerce sectors. The availability of inexpensive labor and readily accessible raw materials in this area will fuel market expansion. In the upcoming year, rising demand for snacks and drinks in developing countries in the Asia Pacific region will fuel market expansion.
Report Attribute |
Specifications |
Market size value in 2024 |
USD 280.49 Bn |
Revenue forecast in 2034 |
USD 461.19 Bn |
Growth rate CAGR |
CAGR of 5.2% from 2025 to 2034 |
Quantitative units |
Representation of revenue in US$ Billion, Volume (KT) and CAGR from 2025 to 2034 |
Historic Year |
2021 to 2024 |
Forecast Year |
2025-2034 |
Report coverage |
The forecast of revenue, the position of the company, the competitive market statistics, growth prospects, and trends |
Segments covered |
Packaging Type, Material, Printing Technology, And End User |
Regional scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
Country scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; The UK; France; Italy; Spain; South Korea; Southeast Asia |
Competitive Landscape |
Sealed Air, Corporation (US), Coveris (Austria), Transcontinental Inc. (Canada), Amcor (Australia), Sonoco (US), Huhtamaki (Finland), Berry Global Inc. (US), Mondi (South Africa) and Clondalkin Group. |
Customization scope |
Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape. |
Pricing and available payment methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Flexible Packaging Market Snapshot
Chapter 4. Global Flexible Packaging Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Industry Analysis – Porter’s Five Forces Analysis
4.7. Competitive Landscape & Market Share Analysis
4.8. Impact of Covid-19 Analysis
Chapter 5. Market Segmentation 1: by Packaging Type Estimates & Trend Analysis
5.1. by Packaging Type & Market Share, 2024 & 2034
5.2. Market Size (Value (US$ Mn) & Volume (KT)) & Forecasts and Trend Analyses, 2021 to 2034 for the following by Packaging Type:
5.2.1. Pouches
5.2.2. Roll Stock
5.2.3. Bags
5.2.4. Films & Wraps
5.2.5. Others
Chapter 6. Market Segmentation 2: by Material Estimates & Trend Analysis
6.1. by Material & Market Share, 2024 & 2034
6.2. Market Size (Value (US$ Mn) & Volume (KT)) & Forecasts and Trend Analyses, 2021 to 2034 for the following by Material:
6.2.1. Plastic
6.2.2. Paper
6.2.3. Metal
Chapter 7. Market Segmentation 3: by Printing Technology Estimates & Trend Analysis
7.1. by Printing Technology & Market Share, 2024 & 2034
7.2. Market Size (Value (US$ Mn) & Volume (KT)) & Forecasts and Trend Analyses, 2021 to 2034 for the following by Printing Technology:
7.2.1. Rotogravure
7.2.2. Flexography
7.2.3. Digital Printing
7.2.4. Others
Chapter 8. Market Segmentation 4: by End Use Industry Estimates & Trend Analysis
8.1. by End Use Industry & Market Share, 2024 & 2034
8.2. Market Size (Value (US$ Mn) & Volume (KT)) & Forecasts and Trend Analyses, 2021 to 2034 for the following by End Use Industry:
8.2.1. Food
8.2.2. Beverages
8.2.3. Pharmaceutical & Healthcare
8.2.4. Personal Care & Cosmetics
8.2.5. Others
Chapter 9. Flexible Packaging Market Segmentation 5: Regional Estimates & Trend Analysis
9.1. North America
9.1.1. North America Flexible Packaging Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by Packaging Type, 2021-2034
9.1.2. North America Flexible Packaging Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by Material, 2021-2034
9.1.3. North America Flexible Packaging Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by Printing Technology, 2021-2034
9.1.4. North America Flexible Packaging Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by End Use Industry, 2021-2034
9.1.5. North America Flexible Packaging Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by country, 2021-2034
9.2. Europe
9.2.1. Europe Flexible Packaging Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by Packaging Type, 2021-2034
9.2.2. Europe Flexible Packaging Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by Material, 2021-2034
9.2.3. Europe Flexible Packaging Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by Printing Technology, 2021-2034
9.2.4. Europe Flexible Packaging Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by End Use Industry, 2021-2034
9.2.5. Europe Flexible Packaging Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by country, 2021-2034
9.3. Asia Pacific
9.3.1. Asia Pacific Flexible Packaging Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by Packaging Type, 2021-2034
9.3.2. Asia Pacific Flexible Packaging Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by Material, 2021-2034
9.3.3. Asia-Pacific Flexible Packaging Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by Printing Technology, 2021-2034
9.3.4. Asia-Pacific Flexible Packaging Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by End Use Industry, 2021-2034
9.3.5. Asia Pacific Flexible Packaging Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by country, 2021-2034
9.4. Latin America
9.4.1. Latin America Flexible Packaging Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by Packaging Type, 2021-2034
9.4.2. Latin America Flexible Packaging Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by Material, 2021-2034
9.4.3. Latin America Flexible Packaging Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by Printing Technology, 2021-2034
9.4.4. Latin America Flexible Packaging Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by End Use Industry, 2021-2034
9.4.5. Latin America Flexible Packaging Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by country, 2021-2034
9.5. Middle East & Africa
9.5.1. Middle East & Africa Flexible Packaging Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by Packaging Type, 2021-2034
9.5.2. Middle East & Africa Flexible Packaging Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by Material, 2021-2034
9.5.3. Middle East & Africa Flexible Packaging Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by Printing Technology, 2021-2034
9.5.4. Middle East & Africa Flexible Packaging Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by End Use Industry, 2021-2034
9.5.5. Middle East & Africa Flexible Packaging Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by country, 2021-2034
Chapter 10. Competitive Landscape
10.1. Major Mergers and Acquisitions/Strategic Alliances
10.2. Company Profiles
10.2.1. Ahlstrom
10.2.2. Aluflexpack Ag
10.2.3. Amcor Limited
10.2.4. Berry Global Group, Inc.
10.2.5. Bischof + Klein Se & Co. Kg
10.2.6. Constantia Flexibles
10.2.7. Cosmo Films Limited
10.2.8. Coveris
10.2.9. C-P Flexible Packaging
10.2.10. Ds Smith
10.2.11. Goglio Spa
10.2.12. Guala Pack S.P.A.
10.2.13. Huhtamaki Oyj
10.2.14. Linear Plastics and Packaging
10.2.15. Mondi Group
10.2.16. Novolex-Carlyle Group
10.2.17. Novus Holdings Ltd.
10.2.18. Ppc Flexible Packaging Llc
10.2.19. Printpack, Inc.
10.2.20. Proampac
10.2.21. Sealed Air Corporation
10.2.22. Silafrica
10.2.23. Smurfit Kappa
10.2.24. Sonoco Products Company
10.2.25. Transcontinental Inc.
10.2.26. Uflex Limited
10.2.27. Westrock Company
10.2.28. Wihuri Group
10.2.29. Other Prominent Players
Flexible Packaging Market By Packaging Type
Flexible Packaging Market By Material
Flexible Packaging Market By Printing Technology
Flexible Packaging Market By End Use Industry
Flexible Packaging Market By Region-
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & Africa-
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
To know more about the research methodology used for this study, kindly contact us/click here.