- Pouches
- Roll stock
- Bags
- Films & Wraps
- Others
Flexible Packaging Market size was valued at USD 257.3 billion in 2023 and is expected to reach a value of USD 343.2 billion by 2030 growing at a CAGR of 4.2% from 2024-2030. The driving factors of market are increased demand for lightweight and sustainable packing solutions, consumer preference for convenience and on-the-go products, and increased growth in e-commerce. A few factors that have led to restraints include growing environmental concerns associated with plastic waste and recycling hurdles. From this context, opportunities emerged as environmentally friendly materials, biodegradable solutions, and innovation in smart packaging technologies. The key trends include sustainable packaging, increased usage of recyclable materials, and the application of digital printing for customized packaging. A reduction in carbon footprints, along with an improvement in the shelf life of a product, is also giving impetus to the growth of the market.
Packaging Type: The pouches segment that accounted for the highest CAGR during the forecast period are small bags comprising two side flat sheets that are flexible and sealed along the edges to form a compartment whose volume is the relative position of walls dictates the case. Pouches can be categorized primarily into two types: SUPs and flat or pillow pouches. Standard stand-up pouches and retort stand-up pouches are the two main types of stand-up pouches. Pouches are suitable for bulk coffee packaging along with foodstuffs such as dried or smoked meat. Pouches can be used easily, are heat sealable, and come in handy packaging with various sizes and formats.
Material Type: One of the major trends that is likely to shape the future of the flexible packaging business is the trend toward more flexible paper-based packaging options. This concurs with the upward trend of environmentally friendly and sustainable packaging solutions. Paper-based packaging is more practical because it can be recycled and biodegradable. Thus, with these properties, paper-based packaging products will face good demand in the future because many manufacturers have joined the bandwagon of opting for sustainable packaging options.
Printing Technology: Brands marketing as diverse a line of merchandise as food and wine, motor oil, and grass seed, tend to prefer flexography over other printing techniques. Flexography now offers benefits that are extremely attractive both to product marketing and to purchasing management, based on newly achieved capabilities to produce high-quality images and graphics, assure high consistency and repeatability from one job to another, and allow rapid, cost-effective changeovers to support smaller quantity runs. With the growth of certain market segments and the use of advantages through flexographic printing, its demand in the market would increase sharply in the next few years.
End User: The food industry accounted for the highest CAGR during the forecast period. Hygiene and sustainability concerns, urbanization, changing lifestyles, and high disposable income are among the major factors that drive the market of flexible packaging in the food industry. Customers want their food products to be hygienic and safe as well as appealing to the eye. The manufacturers have a very strong food service packaging ecosystem. They are constantly inventing to ensure that the consumer benefits, and they have a specialized R&D house that conducts numerous research-based tests employing the most recent technologies. However, due to the other favorable properties of flexible packaging, such as excellent barrier properties, it can be made using fewer resources, increases the product shelf life, and many more, which attract consumers mainly from the food industry.
The flexible packaging market size is inclusive of several companies such as Huhtamaki Oyj (Finland), Berry, Global Group Inc. (US), Amcor Limited (Australia), Mondi Group. (UK), Sonoco Products Company (US), Westrock Company (US), Constantia Flexibles (Austria), Sealed Air Corporation (US), Transcontinental Inc, (Canada), DS Smith (UK), and others.
Study Period
2024 - 2030Base Year
2023CAGR
4.2%Largest Market
North AmericaFastest Growing Market
Asia pacific
Growing demand for light yet cheaper packaging, coupled with rising consumer demand for convenience and ease. Flexibility packaging does not forget the pleasure and helps in extending shelf life and sustainability benefits, catering to both consumer needs and regulatory pressures. The growth in e-commerce is another driver of flexible packaging.
Higher hurdles include plastic waste or litter issues in the environment and the unyielding nature of flexible packaging materials that hinder recyclability. The costly switch to adopting biodegradable or sustainable alternatives contributes to the problems that manufacturers face when making the switch to greener packaging solutions.
There are prospects in environmentally friendly, biodegradable, and recyclable materials; there is growth room in this area as fears of environmental degradation continue to rise. Growth potential in the same market is likely forthcoming through innovation in smart and functional packaging that can not only increase product shelf life but at the same time offer supplementary benefits such as traceability.
The trends noticed include a trend toward sustainable packaging, more recyclable materials, and digital printing for customization. Currently, companies are streamlining their businesses to reduce their carbon footprint and use eco-friendly packaging alternatives in observance of rules and as a result of consumer demand for sustainability.
By Packaging Type
By Material Type
By Printing Technology
By End User
The global flexible packaging market size was valued at USD 257.3 billion in 2023, at a CAGR of 4.2% over the forecast period (2024-2030) and is anticipated to reach a value of USD 343.2 billion by 2030.
• Increasing demand for lightweight and sustainable packing solutions
• Consumer preference for convenient and on-the-go products
• Increasing growth in e-commerce
• Shift toward sustainable packaging
• Growing usage of recyclable materials
• Application of digital printing
The food and beverage sector dominates due to the high demand for convenient, lightweight, and durable packaging.
Market research report covers packaging type, material type, printing technology, end users, and regions.
1. Executive Summary |
2. Global Flexible Packaging Market Introduction |
2.1. Global Flexible Packaging Market - Taxonomy |
2.2. Global Flexible Packaging Market - Definitions |
2.2.1.Packaging Type |
2.2.2.Material Type |
2.2.3.Printing Technology |
2.2.4.End User |
2.2.5.Region |
3. Global Flexible Packaging Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Product Landscape |
3.6. New Product Launches |
3.7. Impact of COVID 19 on Market |
4. Global Flexible Packaging Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5. Global Flexible Packaging Market By Packaging Type , 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
5.1. Pouches |
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Roll stock |
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
5.3. Bags |
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.3.3. Market Opportunity Analysis |
5.4. Films & Wraps |
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.4.3. Market Opportunity Analysis |
5.5. Others |
5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.5.3. Market Opportunity Analysis |
6. Global Flexible Packaging Market By Material Type , 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
6.1. Plastic |
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Paper |
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
6.3. Metal |
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.3.3. Market Opportunity Analysis |
7. Global Flexible Packaging Market By Printing Technology , 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
7.1. Rotogravure |
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Flexography |
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
7.3. Digital Printing |
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.3.3. Market Opportunity Analysis |
7.4. Others |
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.4.3. Market Opportunity Analysis |
8. Global Flexible Packaging Market By End User, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
8.1. Food industry |
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.1.3. Market Opportunity Analysis |
8.2. Beverages industry |
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.2.3. Market Opportunity Analysis |
8.3. Pharmaceutical & Healthcare |
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.3.3. Market Opportunity Analysis |
8.4. Personal Care & Cosmetics |
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.4.3. Market Opportunity Analysis |
8.5. Others |
8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.5.3. Market Opportunity Analysis |
9. Global Flexible Packaging Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
9.1. North America |
9.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
9.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.1.3. Market Opportunity Analysis |
9.2. Europe |
9.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
9.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.2.3. Market Opportunity Analysis |
9.3. Asia Pacific (APAC) |
9.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
9.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.3.3. Market Opportunity Analysis |
9.4. Middle East and Africa (MEA) |
9.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
9.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.4.3. Market Opportunity Analysis |
9.5. Latin America |
9.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
9.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.5.3. Market Opportunity Analysis |
10. North America Flexible Packaging Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
10.1. Packaging Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.1.1.Pouches |
10.1.2.Roll stock |
10.1.3.Bags |
10.1.4.Films & Wraps |
10.1.5.Others |
10.2. Material Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.2.1.Plastic |
10.2.2.Paper |
10.2.3.Metal |
10.3. Printing Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.3.1.Rotogravure |
10.3.2.Flexography |
10.3.3.Digital Printing |
10.3.4.Others |
10.4. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.4.1.Food industry |
10.4.2.Beverages industry |
10.4.3.Pharmaceutical & Healthcare |
10.4.4.Personal Care & Cosmetics |
10.4.5.Others |
10.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.5.1.United States of America (USA) |
10.5.2.Canada |
11. Europe Flexible Packaging Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
11.1. Packaging Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.1.1.Pouches |
11.1.2.Roll stock |
11.1.3.Bags |
11.1.4.Films & Wraps |
11.1.5.Others |
11.2. Material Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.2.1.Plastic |
11.2.2.Paper |
11.2.3.Metal |
11.3. Printing Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.3.1.Rotogravure |
11.3.2.Flexography |
11.3.3.Digital Printing |
11.3.4.Others |
11.4. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.4.1.Food industry |
11.4.2.Beverages industry |
11.4.3.Pharmaceutical & Healthcare |
11.4.4.Personal Care & Cosmetics |
11.4.5.Others |
11.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.5.1.Germany |
11.5.2.France |
11.5.3.Italy |
11.5.4.United Kingdom (UK) |
11.5.5.Spain |
11.5.6.Rest of EU |
12. Asia Pacific (APAC) Flexible Packaging Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
12.1. Packaging Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.1.1.Pouches |
12.1.2.Roll stock |
12.1.3.Bags |
12.1.4.Films & Wraps |
12.1.5.Others |
12.2. Material Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.2.1.Plastic |
12.2.2.Paper |
12.2.3.Metal |
12.3. Printing Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.3.1.Rotogravure |
12.3.2.Flexography |
12.3.3.Digital Printing |
12.3.4.Others |
12.4. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.4.1.Food industry |
12.4.2.Beverages industry |
12.4.3.Pharmaceutical & Healthcare |
12.4.4.Personal Care & Cosmetics |
12.4.5.Others |
12.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.5.1.China |
12.5.2.India |
12.5.3.Australia and New Zealand (ANZ) |
12.5.4.Japan |
12.5.5.Rest of APAC |
13. Middle East and Africa (MEA) Flexible Packaging Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
13.1. Packaging Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.1.1.Pouches |
13.1.2.Roll stock |
13.1.3.Bags |
13.1.4.Films & Wraps |
13.1.5.Others |
13.2. Material Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.2.1.Plastic |
13.2.2.Paper |
13.2.3.Metal |
13.3. Printing Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.3.1.Rotogravure |
13.3.2.Flexography |
13.3.3.Digital Printing |
13.3.4.Others |
13.4. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.4.1.Food industry |
13.4.2.Beverages industry |
13.4.3.Pharmaceutical & Healthcare |
13.4.4.Personal Care & Cosmetics |
13.4.5.Others |
13.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.5.1.GCC Countries |
13.5.2.South Africa |
13.5.3.Rest of MEA |
14. Latin America Flexible Packaging Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
14.1. Packaging Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.1.1.Pouches |
14.1.2.Roll stock |
14.1.3.Bags |
14.1.4.Films & Wraps |
14.1.5.Others |
14.2. Material Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.2.1.Plastic |
14.2.2.Paper |
14.2.3.Metal |
14.3. Printing Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.3.1.Rotogravure |
14.3.2.Flexography |
14.3.3.Digital Printing |
14.3.4.Others |
14.4. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.4.1.Food industry |
14.4.2.Beverages industry |
14.4.3.Pharmaceutical & Healthcare |
14.4.4.Personal Care & Cosmetics |
14.4.5.Others |
14.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.5.1.Brazil |
14.5.2.Mexico |
14.5.3.Rest of LA |
15. Competition Landscape |
15.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
15.2.1.Huhtamaki Oyj (Finland) |
15.2.2.Berry Global Group Inc. (US) |
15.2.3.Amcor Limited (Australia) |
15.2.4.Mondi Group. (UK) |
15.2.5.Sonoco Products Company (US) |
15.2.6.Westrock Company (US) |
15.2.7.Constantia Flexibles (Austria) |
15.2.8.Sealed Air Corporation (US) |
15.2.9.Transcontinental Inc (Canada) |
15.2.10.DS Smith (UK) and others. |
16. Research Methodology |
17. Appendix and Abbreviations |