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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Flexible Packaging Market Size
The global flexible packaging market size attained a value of 265.84 billion in 2023. The market is expected to grow at a CAGR of 4.8% between 2024 and 2032, reaching almost 403.7 billion by 2032.
Flexible Packaging Market Report Snapshots
Flexible Packaging Market Size
Flexible Packaging Market Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the global flexible packaging market attained a value of nearly USD 265.84 billion.
In the forecast period of 2024-2032, the market is projected to grow at a CAGR of 4.8%.
By 2032, the market is estimated to reach a value of about USD 403.7 billion.
The major drivers of the industry such as rising disposable incomes, increasing population, rising urbanisation, rising e-retail segment, and growing demand for convenience and ready-to-use goods driving the growth of the industry globally.
The rising eco-consciousness among the consumers and growing e-retail distribution channels are major trends driving the growth of the market.
North America, Latin America, Europe, the Middle East and Africa, Europe, and the Asia Pacific are the major regional markets for the product, with North America accounting for the largest market share.
Plastic, paper, aluminium foil, and cellulose, among others, are the various raw materials in the global flexible packaging market.
The leading printing technologies in the market are flexography, rotogravure, and digital, among others.
The significant product types in the market are printed rollstock and preformed bags and pouches, among others.
The food and beverages segment accounts for the largest market share among other application segments in the market.
The key players in the market are Amcor plc, Berry Global Inc., Sealed Air, Mondi plc, DS Smith, and Huhtamaki, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124