The global market for flexible packaging was valued at USD 221.60 Billion in 2021. This is an estimated CAGR rate of 5.8 percent between 2023 and 2032. Due to the growing food demand in the Asia Pacific, particularly in India and China, The growth in the market is expected to be positive.

In 2021, the worldwide flexible packaging market was worth US$ 221.60 billion. Flexible packaging is made by reforming easily-reformable materials that could be molded into different shapes. Flexible packaging is usually made from a combination of several substances like aluminum foil, film, and top-quality paper. The materials can be made into bags, pouches, overwraps, liners, etc. Flexible packaging is extensively used in many sectors such as food processing, consumer goods, and pharmaceuticals.

Market Trends

The increased consumption of processed foods due to on-the-go consumption habits is further expanding the demand for flexible packaging for food items. This market is also expanding because of the growing awareness among consumers about the many benefits flexible packaging provides, including food safety, effectiveness, permeability long shelf life as well as convenience, and more. Numerous technological advances are resulting in the creation of new and innovative types of products. An increase in demand in the pharmaceutical and nutraceutical sectors is also increasing the demand for flexible packaging. In the years ahead the increasing popularity of recyclable and sustainable packaging alternatives will continue to spur the growth of the global flexible packaging market.

The market has been classified by product type, printed technology, applications, and geography.

The breakup of Products by Type

  • Printed Rollstock

  • Bags and Pouches that are performed Bags and Pouches

  • Other

Broken down by raw material

Breakup by Printing Technology

  • Flexography

  • Rotogravure

  • Digital

  • Other

Breakup through Application

  • Food and drinks

  • Pharmaceuticals

  • Cosmetics

  • Other

Geography is the primary factor that determines how the breakup occurs.

  • North America (U.S. & Canada)

  • Europe (Germany. The United Kingdom. France. Italy. Spain. Russia.

  • Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and More)

  • Latin America (Brazil, Mexico)

  • Middle East & Africa

This Market Report includes a list of key companies

  • Amcor (NYSE: AMCR)

  • Bemis Company

  • Berry Global

  • Mondi (LON: MNDI)

  • Sealed Air (NYSE: SEE).

  • Aluflexpack Novi

  • Bak Ambalaj Sanayi

  • Constantia Flexibles

  • Clondalkin Group

  • Danaflex

  • DS Smith (LON: SMDS).

  • Glenroy

  • Huhtamaki (HEL: HUH1V)

  • Printpack and ProAmpac