Global Flexible Packaging Market - 2023-2030

Global Flexible Packaging Market - 2023-2030


The Global Flexible Packaging Market reached US$ 231 billion in 2022 and is projected to witness lucrative growth by reaching up to US$ 301 billion by 2030. The market is growing at a CAGR of 4.1% during the forecast period 2023-2030.

The Global Flexible Packaging Market has experienced significant growth in recent years, driven by several factors. Firstly, the demand for convenience and on-the-go products has led to an increased need for flexible packaging solutions that are lightweight, easy to carry and provide efficient product protection.

Additionally, the growing emphasis on sustainability has fueled the adoption of flexible packaging materials, which are considered more eco-friendly than rigid packaging formats. The film & wraps product segment is expected to dominate the global flexible packaging market, which accounts for more than 45 % of the total market shares.

Market Dynamics

A Rising Focus On Sustainability Majorly Propels The Market Growth

Flexible packaging typically requires fewer resources to produce compared to rigid packaging. It uses less material, energy and water during manufacturing and transportation. The lightweight nature of flexible packaging also helps reduce the overall carbon emissions associated with vehicles.

Flexible packaging offers excellent barrier properties that help protect products from moisture, light and oxygen, extending their shelf life. By preventing spoilage and food waste, flexible packaging contributes to sustainability by reducing the amount of discarded food and minimizing the associated environmental impact.

Regulatory Challenges And Infrastructure Limitations

The recycling and waste management infrastructure required for effective collection, sorting and processing of flexible packaging materials may be inadequate in certain regions. The lack of proper facilities and systems can hinder recycling efforts and limit the recyclability of flexible packaging, leading to increased waste and environmental concerns.

COVID-19 Impact Analysis

The COVID-19 Analysis includes Pre-COVID Scenario, COVID Scenario and Post-COVID Scenario along with Pricing Dynamics (Including pricing change during and post-pandemic comparing it with pre-COVID scenarios), Demand-Supply Spectrum (Shift in demand and supply owing to trading restrictions, lockdown and subsequent issues), Government Initiatives (Initiatives to revive market, sector or Industry by Government Bodies) and Manufacturers Strategic Initiatives (What manufacturers did to mitigate the COVID issues will be covered here).

Segment Analysis

The Global Flexible Packaging Market is segmented based on material, product, printing technology, end-user and region.

Growing Demand For Prepared Foods, Including Ready-To-Eat Meals, Frozen Meals, Snack Foods And Cake Mixes

Consumer preferences have evolved, with a greater emphasis on convenience, taste and variety. Ready-to-eat meals, frozen meals and snack foods cater to these preferences by offering a range of options to suit different tastes and dietary requirements. Manufacturers respond to these preferences by expanding production capacity to meet the growing demand.

The availability of prepared foods has expanded beyond traditional grocery stores to convenience stores, online platforms and food delivery services. These channels offer easy access to various ready-food options, encouraging consumers to incorporate them into daily routines. Suppliers must increase their production capacity to meet the demand from different retail channels.

The growing demand for cosmetic jars, tubes and other packaging materials bolsters the demand for personal care packaging, boosting the need for the global flexible packaging market. The personal care end-user segment was holding over 20% of the worldwide market shares by 2022.

Geographical Analysis

Growing Asia-Pacific’s Demand For Packaged Food, Combined With The Increasingly Flourishing Food & Beverage Industry

The food and beverage industry in the Asia-Pacific has been experiencing robust growth. Rapid economic development, urbanization and a growing middle-class population have contributed to the flourishing industry. As a result, food and beverage manufacturers are scaling up their production capacities to meet the increasing consumer demand.

Flexible packaging provides a versatile and cost-effective solution for packaging a wide range of food and beverage products, making it the preferred choice for industry players. India is also a potential player for flexible packaging, which accounts for approximately 30% of the regional market share and is expected to grow at a significant CAGR during the forecasted period.

Competitive Landscape

The major global players include Mondi Group, CLONDALKIN GROUP, Berry Global Inc, Amcor, Reynolds, Bemis Company, Inc, Sonoco, Constantia Flexibles Group GmbH, Huhtamaki Group and Coveris Holdings S.A.

Why Purchase the Report?
• To visualize the global flexible packaging market segmentation based on material, product, printing technology, end-user and region, and understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of flexible packaging market level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as Excel consisting of key products of all the major players.

The Global Flexible Packaging Market Report Would Provide Approximately 69 Tables, 70 Figures And 204 Pages.

Target Audience 2023
• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies


1. Methodology and Scope
1.1. Research Methodology
1.2. Research Objective and Scope of the Report
2. Definition and Overview
3. Executive Summary
3.1. Snippet by Material
3.2. Snippet by Product
3.3. Snippet by Printing Technology
3.4. Snippet by End-User
3.5. Snippet by Region
4. Dynamics
4.1. Impacting Factors
4.1.1. Drivers
4.1.1.1. A rising focus on sustainability majorly propels the market growth
4.1.2. Restraints
4.1.2.1. Regulatory challenges and infrastructure limitations
4.1.3. Opportunity
4.1.3.1. The growing demand for flexible plastic packaging among different end-users
4.1.4. Impact Analysis
5. Industry Analysis
5.1. Porter's Five Force Analysis
5.2. Supply Chain Analysis
5.3. Pricing Analysis
5.4. Regulatory Analysis
6. COVID-19 Analysis
6.1. Analysis of COVID-19
6.1.1. Before COVID-19 Scenario
6.1.2. During COVID-19 Scenario
6.1.3. Post COVID-19 or Future Scenario
6.2. Pricing Dynamics Amid COVID-19
6.3. Demand-Supply Spectrum
6.4. Government Initiatives Related to the Market During the Pandemic
6.5. Manufacturers’ Strategic Initiatives
6.6. Conclusion
7. By Material
7.1. Introduction
7.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Material
7.1.2. Market Attractiveness Index, By Material
7.2. Plastic*
7.2.1. Introduction
7.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
7.3. Paper
7.4. Aluminum
7.5. Others
8. By Product
8.1. Introduction
8.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
8.1.2. Market Attractiveness Index, By Product
8.2. Pouches*
8.2.1. Introduction
8.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
8.3. Films & Wraps
8.4. Bags
8.5. Others
9. By Printing Technology
9.1. Introduction
9.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Printing Technology
9.1.2. Market Attractiveness Index, By Printing Technology
9.2. Digital Printing*
9.2.1. Introduction
9.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
9.3. Flexography
9.4. Others
10. By End-User
10.1. Introduction
10.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
10.1.2. Market Attractiveness Index, By End-User
10.2. Food & Beverages*
10.2.1. Introduction
10.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
10.3. Personal Care
10.4. Pharmaceuticals
10.5. Others
11. By Region
11.1. Introduction
11.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Region
11.1.2. Market Attractiveness Index, By Region
11.2. North America
11.2.1. Introduction
11.2.2. Key Region-Specific Dynamics
11.2.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Material
11.2.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
11.2.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Printing Technology
11.2.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
11.2.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
11.2.7.1. The U.S.
11.2.7.2. Canada
11.2.7.3. Mexico
11.3. Europe
11.3.1. Introduction
11.3.2. Key Region-Specific Dynamics
11.3.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Material
11.3.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
11.3.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Printing Technology
11.3.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
11.3.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
11.3.7.1. Germany
11.3.7.2. The UK
11.3.7.3. France
11.3.7.4. Italy
11.3.7.5. Russia
11.3.7.6. Rest of Europe
11.4. South America
11.4.1. Introduction
11.4.2. Key Region-Specific Dynamics
11.4.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Material
11.4.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
11.4.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Printing Technology
11.4.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
11.4.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
11.4.7.1. Brazil
11.4.7.2. Argentina
11.4.7.3. Rest of South America
11.5. Asia-Pacific
11.5.1. Introduction
11.5.2. Key Region-Specific Dynamics
11.5.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Material
11.5.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
11.5.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Printing Technology
11.5.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
11.5.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
11.5.7.1. China
11.5.7.2. India
11.5.7.3. Japan
11.5.7.4. Australia
11.5.7.5. Rest of Asia-Pacific
11.6. Middle East and Africa
11.6.1. Introduction
11.6.2. Key Region-Specific Dynamics
11.6.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Material
11.6.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
11.6.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Printing Technology
11.6.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
12. Competitive Landscape
12.1. Competitive Scenario
12.2. Market Positioning/Share Analysis
12.3. Mergers and Acquisitions Analysis
13. Company Profiles
13.1. Mondi Group*
13.1.1. Company Overview
13.1.2. Product Portfolio and Description
13.1.3. Financial Overview
13.1.4. Key Developments
13.2. CLONDALKIN GROUP
13.3. Berry Global Inc
13.4. Amcor
13.5. Reynolds
13.6. Bemis Company, Inc
13.7. Sonoco
13.8. Constantia Flexibles Group GmbH
13.9. Huhtamaki Group
13.10. Coveris Holdings S.A.
LIST NOT EXHAUSTIVE
14. Appendix
14.1. About Us and Services
14.2. Contact Us

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