The China Flexible Packaging Market size is estimated at USD 47.27 billion in 2024, and is expected to reach USD 56.73 billion by 2029, growing at a CAGR of 3.72% during the forecast period (2024-2029).
The rapid growth in demand from end-user industries such as food, pharmaceutical and medical, personal care, and household care is expected to create a significant demand for flexible packaging products over the forecast period in China.
China's flexible packaging market is highly competitive in nature, owing to the presence of many small and large players in the market. The market appears fragmented, with the major players adopting strategies like new product development, mergers and acquisitions, and partnerships. Some major players in the market are Sealed Air (China) Co. Ltd, Mondi (China) Film Technology Co. Ltd., and Tetra Pak International SA, among others. Some of the recent developments are listed below.
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