How big is the Flexible Packaging Market?

The Flexible Packaging Market size is expected to reach 34.67 million tonnes in 2024 and grow at a CAGR of 3.38% to reach 40.94 million tonnes by 2029. Read More

What is the current Flexible Packaging Market size?

In 2024, the Flexible Packaging Market size is expected to reach 34.67 million tonnes. Read More

Who are the key players in Flexible Packaging Market?

Amcor Group GmbH, Berry Global Inc., Mondi PLC, Sealed Air Corporation and Huhtamaki Oyj are the major companies operating in the Flexible Packaging Market. Read More

Which is the fastest growing region in Flexible Packaging Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Flexible Packaging Market?

In 2024, the Asia Pacific accounts for the largest market share in Flexible Packaging Market. Read More

What years does this Flexible Packaging Market cover, and what was the market size in 2023?

In 2023, the Flexible Packaging Market size was estimated at 33.50 million tonnes. The report covers the Flexible Packaging Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Flexible Packaging Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Which industries are the major users of Flexible Packaging?

Major industries include food and beverages, pharmaceuticals, cosmetics, and personal care. The food and beverage sector dominates due to the high demand for convenient, lightweight, and durable packaging. Read More

Flexible Packaging Market - Size, Share, Trends & Report

Flexible Packaging Market Size - Industry Report on Share, Growth Trends & Forecasts Analysis (2024 - 2029)

The Flexible Packaging Market Report is Segmented by Material Type (Plastic (Polyethene, Bi-orientated Polypropylene, Cast Polypropylene, Polyvinyl Chloride, Ethylene Vinyl Alcohol, And Other Plastic Types), Paper, And Aluminum Foil), Product Type (Pouches, Bags, Film and Wraps, And Other Product Types), End-user Industry (Food (Frozen Food, Dairy Products, Fruits and Vegetables, Meat, Poultry & Seafood, Baked Goods & Snack Foods, Candy & Confections, And Other Food Products), Beverages, Pharmaceutical & Medical, Household & Personal Care, And Other End-User Industries), And Geography (North America, Europe, Asia-pacific, Latin America, And Middle East and Africa). The Market Sizes and Forecasts are Provided in Terms of Volume (tons) for all the Above Segments.

Flexible Packaging Industry Overview

The flexible packaging market is fragmented owing to the presence of a few vendors with significant market share. The market is slightly concentrated, with the major players adopting strategies like product innovation, mergers, and acquisitions to remain competitive. The key players in the industry are Amcor Group GmbH, Mondi Group, Berry Global Inc., Sealed Air Corporation, and Huhtamaki Oyj, among others.

In March 2024, Berry Global Group, Inc.'s Flexibles division recently increased recycling capacity at three European recycling facilities as part of a Europe-wide project to scale up production of the company's Sustane line of recycled polymers. The expansion project is expected to meet the increasing demand for high-performing films created with recycled content by leveraging the company's global access to high-value recycled plastic.
In February 2024, Amcor partnered with Stonyfield Organic, the organic yogurt maker, and Cheer Pack North America, a spouted pouch packaging manufacturer, to introduce an all-polyethylene (PE)-based spouted pouch that replaces Stonyfield Organic’s previous multilayered structure with a more sustainable pouch design for their Yo Baby refrigerated yogurt.