The global flexible packaging market is projected to grow at a CAGR of around 4% during the forecast period. Flexible packaging refers to that packaging which can be refilled as well as can be changed into any shape. It is also considered as one of the key segments in the overall packaging industry. It also addresses the key trends as well as the issues faced in rigid packaging. The key factors that drive the growth of the global flexible packaging market include the advantages offered by it, such as, sustainability and cost-effectiveness. Introduction of various formats such as pouches, wraps, and blister packs further aids in the adoption of flexible packaging options.
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Moreover, flexible packaging offers ease and convenience to the customers in the fast-paced lifestyles. In addition, the enhanced printing technology that aids the manufacturers in achieving a strong brand presence further contributes to the market growth. Additionally, flexible packaging meets the safety and security goals for the product, besides, options such as re-sealable pouches are amongst the key product preference of the customers for both food & beverages as well as household packaging. Thus, all these factors altogether contribute significantly to the market growth over the forecast period.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Global Flexible Packaging Market by Material Type
- Paper
- Aluminum Foil
- Plastic
Global Flexible Packaging Market by Application
- Food&Beverages
- Healthcare
- Household &Personal Care
- Others
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Amcor Plc
- Ball Corp.
- Berry Global Group, Inc.
- Clondalkin Group Holdings B.V.
- Constantia Flexibles Group GmbH
- Coveris Holdings SA
- Delkor Systems, Inc.
- DS Smith Plc
- FlexPak Services LLC
- Goglio SpA
- Huhtamaki Group
- Laser Packaging Manufacturing PTE Ltd.
- Mespack (A Duravant Company)
- Mondi Group Plc
- ProAmpac Intermediate, Inc.
- Reynolds Group Holdings Ltd.
- Saudi Basic Industries Corp.
- Sealed Air Corp.
- SEi SpA
- Sonoco Products Co.
The Report Covers
- Market value data analysis of 2019 and forecast to 2026.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global flexible packaging market. Based on the availability of data, information related to products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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