Global Flexible Packaging
Market Report
2024
Global Flexible Packaging market size was USD 241.51 Billion in 2022 and it is forecasted to reach USD 345.32 Billion by 2030. Flexible Packaging Industry's Compound Annual Growth Rate will be 4.6% from 2023 to 2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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Global Flexible Packaging market size was USD 241.51 Billion in 2022 and it is forecasted to reach USD 345.32 Billion by 2030. Flexible Packaging Industry's Compound Annual Growth Rate will be 4.6% from 2023 to 2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Flexible Packaging Market Sales Revenue 2022 | $ 241.51 Billion |
Global Flexible Packaging Market Sales Revenue 2030 | $ 345.32 Billion |
Global Flexible Packaging Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.6% |
Market Split by Material Type |
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Market Split by Application |
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Market Split by Product Type |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Report scope is customizable as we have a huge database of Flexible Packaging industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Flexible Packaging Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Flexible packaging refers to a type of packaging that can easily conform to the shape of its contents such as bags, pouches, wraps, and films. Flexible packaging is often made from materials like plastic, paper, or aluminum foil, and can be used for a wide variety of products including food, beverages, pharmaceuticals, and personal care items.
The rising demand for packaged food and beverage products coupled with the growing demand for convenience is driving the growth of the flexible packaging market. Consumers are increasingly looking for packaging that is easy to use, store, and transport. Flexible packaging provides this convenience and flexibility, making it a popular choice for many products. Moreover, the development of new materials, printing technologies, and packaging designs have made flexible packaging more versatile and adaptable, allowing it to be used for a wider range of products. Thus, the advancement in technology is contributing to market growth. Furthermore, the increasing shift towards e-commerce has created a need for packaging that can be easily shipped and delivered. Flexible packaging is lightweight and can be easily folded or rolled, making it ideal for e-commerce. This factor is anticipated to increase the growth of the flexible packaging market.
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SEE Completed Acquisition of Liquibox
In February 2023, SEE completed the previously announced acquisition of Liquibox. This strategic acquisition combines two leaders in the global flexible packaging industry and aligns with the high-performance growth and innovation cultures of both companies. This acquisition expands SEE’s fastest-growing segment, the CRYOVAC brand Fluids & Liquids business.
Top Companies Market Share in Flexible Packaging Industry: (In no particular order of Rank)
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Asia Pacific accounted for the largest market share in the year 2022. This growth is attributed to the growing food & beverage industry, the rising e-commerce sector, and the increasing preference for packaged foods and beverages among consumers. Moreover, the rising adoption of flexible packaging among youngsters is contributing to the demand for convenient food on-to-go and easy-to-eat packaging solutions across the Asia Pacific.
The current report Scope analyzes Flexible Packaging Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Flexible Packaging Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Flexible Packaging Industry growth. Flexible Packaging market has been segmented with the help of its Material Type, Application Product Type, and others. Flexible Packaging market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Based on material, the plastic material segment held the major market share in the year 2022 owing to its technical versatility and formability. Plastic material is lightweight and cost-efficient and it offers superior protection for products.
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Based on Application, the food & beverages segment held the major market share in the year 2022 owing to its advantages such as requiring less water and energy to manufacture easy to transport, and convenient storage, and disposal of food and beverage products. The increasing demand for convenient food followed by the growth of the retail sector is projected to increase the demand for flexible packaging.
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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Senior Research Analyst at Cognitive Market Research
ResearchGate Profile: https://www.researchgate.net/profile/Kalyani-Raje
An optimistic Senior Research Analyst with years of experience in competitive assessment and business consulting. A seasoned professional and subject-matter expert (SME) in the Automobile and transportation vertical.
With a work experience of over 10+ years in the market research and strategy development. I have worked with diverse industries, including FMCG, IT, Telecom, Automotive, Electronics and many others. I also work closely with other departments such as sales, product development, and marketing to understand customer needs and preferences, and develop strategies to meet those needs.
I am committed to staying ahead in the rapidly evolving field of research and analysis. This involves regularly attending conferences, participating in webinars, and pursuing additional certifications to enhance my skill set. I played a crucial role in conducting market research and competitive analysis. I have a proven track record of distilling complex datasets into clear, concise reports that have guided key business initiatives. Collaborating closely with multidisciplinary teams, I contributed to the development of innovative solutions grounded in thorough research and analysis.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Flexible Packaging Market is witnessing significant growth in the near future.
In 2023, the Plastic segment accounted for noticeable share of global Flexible Packaging Market and is projected to experience significant growth in the near future.
The Food & Beverages segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Berry Global Inc., FlexPak Services LLC and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Material Type | Plastic, Paper, Metal, Bioplastic, Others |
Application | Food & Beverages, Personal Care, Pharmaceutical, Household Care, Others |
Product Type | Pouches, Bags, Films, Wraps |
List of Competitors | Berry Global Inc., Amcor Plc, FlexPak Services LLC, Mondi Group, Sealed Air Corporation, Constantia Flexibles, Transcontinental Inc., Coveris Holding SA, Huhtamaki, Sonoco |
This chapter will help you gain GLOBAL Market Analysis of Flexible Packaging. Further deep in this chapter, you will be able to review Global Flexible Packaging Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Material Type Analysis 2019 -2031, will provide market size split by Material Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Material Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by Product Type Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Flexible Packaging market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Plastic have a significant impact on Flexible Packaging market? |
What are the key factors affecting the Plastic and Paper of Flexible Packaging Market? |
What is the CAGR/Growth Rate of Food & Beverages during the forecast period? |
By type, which segment accounted for largest share of the global Flexible Packaging Market? |
Which region is expected to dominate the global Flexible Packaging Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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