Flexible Plastic Packaging Market Report: Trends, Forecast and Competitive Analysis to 2030

Flexible Plastic Packaging Market Report: Trends, Forecast and Competitive Analysis to 2030

Flexible Plastic Packaging Trends and Forecast

The future of the global flexible plastic packaging market looks promising with opportunities in the food, beverage, pharmaceutical & healthcare, and personal care & cosmetic markets. The global flexible plastic packaging market is expected to reach an estimated $165.5 billion by 2030 with a CAGR of 4.3% from 2024 to 2030. The major drivers for this market are increasing demand from end-use industries and e-commerce sales, cost-effectiveness and extended product shelf life, and flexible plastics can be readily shaped into various pouches, bags, wraps, and films adapting to diverse product types and packaging needs.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Flexible Plastic Packaging by Segment

The study includes a forecast for the global flexible plastic packaging by packaging type, material, technology, end use, and region.

Flexible Plastic Packaging Market by Packaging Type [Shipment Analysis by Value from 2018 to 2030]:

• Pouches
• Rollstock
• Bags
• Films & Wraps
• Others

Flexible Plastic Packaging Market by Material [Shipment Analysis by Value from 2018 to 2030]:

• Plastic
• Metal
• Others

Flexible Plastic Packaging Market by Technology [Shipment Analysis by Value from 2018 to 2030]:

• Rotogravure
• Flexography
• Digital Printing
• Others

Flexible Plastic Packaging Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Food
• Beverages
• Pharmaceutical & Healthcare
• Personal Care & Cosmetics
• Others

Flexible Plastic Packaging Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Flexible Plastic Packaging Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies flexible plastic packaging companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the flexible plastic packaging companies profiled in this report include-

• Huhtamaki
• Berry Global
• Amcor
• Mondi
• Sonoco Products
• Coveris
• Bischof + Klein
• Constantia Flexibles
• Sealed Air
• Transcontinental

Flexible Plastic Packaging Market Insights

Lucintel forecasts that pouch is expected to witness the highest growth over the forecast period because they are simple to use, heat sealable, and available in a variety of sizes and forms.

APAC is expected to witness highest growth over the forecast period due to the region's expanding population provides a large client base for fast-moving consumer items and food and drinks.

Features of the Global Flexible Plastic Packaging Market

Market Size Estimates: Flexible plastic packaging market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Flexible plastic packaging market size by packaging type, material, technology, end use, and region in terms of value ($B).

Regional Analysis: Flexible plastic packaging market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different packaging type, material, technology, end use, and regions for the flexible plastic packaging market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the flexible plastic packaging market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the flexible plastic packaging market size?

Answer: The global flexible plastic packaging market is expected to reach an estimated $165.5 billion by 2030.

Q2. What is the growth forecast for flexible plastic packaging market?

Answer: The global flexible plastic packaging market is expected to grow with a CAGR of 4.3% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the flexible plastic packaging market?

Answer: The major drivers for this market are increasing demand from end-use industries and e-commerce sales, cost-effectiveness and extended product shelf life, and flexible plastics can be readily shaped into various pouches, bags, wraps, and films adapting to diverse product types and packaging needs.

Q4. What are the major segments for flexible plastic packaging market?

Answer: The future of the global flexible plastic packaging market looks promising with opportunities in the food, beverage, pharmaceutical & healthcare, and personal care & cosmetic markets.

Q5. Who are the key flexible plastic packaging market companies?

Answer: Some of the key flexible plastic packaging companies are as follows:

• Huhtamaki
• Berry Global
• Amcor
• Mondi
• Sonoco Products
• Coveris
• Bischof + Klein
• Constantia Flexibles
• Sealed Air
• Transcontinental

Q6. Which flexible plastic packaging market segment will be the largest in future?

Answer: Lucintel forecasts that pouch is expected to witness the highest growth over the forecast period because they are simple to use, heat sealable, and available in a variety of sizes and forms.

Q7. In flexible plastic packaging market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period due to the region's expanding population provides a large client base for fast-moving consumer items and food and drinks.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the flexible plastic packaging market by packaging type (pouches, rollstock, bags, films & wraps, and others), material (plastic, metal, and others), technology (rotogravure, flexography, digital printing, and others), end use (food, beverages, pharmaceutical & healthcare, personal care & cosmetics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

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