Global Flexible Packaging Market - Industry Size, Opportunity, Growth, Demand, & Forecast To 2027

Global Flexible Packaging Market will grow at a CAGR of more than 4.5% by 2027. The plastic segment is leading the market with more than 65% of the market share.

Featured Companies

  • 1. Ahlstrom-Munksjö
  • 2. Berry Global Inc
  • 3. Sonoco Products Company
  • 4. Sealed Air Corporation
  • 5. Amcor Plc
  • 6. Mondi Group
  • 7. Constantia Flexibles
  • 8. Coveris Holding SA
  • 9. Transcontinental Inc.
  • More...

Flexible packaging is the type of packaging that allows the most customizable options as per the requirements of the customers. Flexible packaging is considered the most economical packaging; it is the most cost-effective method of packaging. It is the new method of packaging and is popular in the market because of its characteristics. Flexible packaging uses a variety of materials, which include foils, plastics, and paper. These materials are used to make pouches and bags. Flexible packaging is used in various industries, such as food, beverages, pharmaceuticals, personal care and others. The flexible packaging method is the most convenient method for all industries for protecting, handling, and safe transportation of products. Flexible packaging uses less material than rigid packaging. Flexible packaging reduces energy consumption, increases the quality of the products and provides a better shelf life for the products. Shelf life is an important aspect for every product. Industries are more commonly using flexible packaging for the safe handling and transportation of products. Flexible packaging is considered the most environmentally friendly packaging. Flexible packaging is a lighter option than the other packaging materials. Flexible packaging is made from easily yielding materials. Flexible packaging is considered primary packaging without any fixed shape and is designed to hold products, goods, solids, liquids, creams, pastes, or powders. It is easy to carry and transport. Flexible packaging has witnessed immense growth in the past few years as well as in the forecast period because of certain factors such as technological advancement, lower cost, and lower material consumption. Based on region, the flexible packaging solutions market is segmented into five major regions: North America, Europe, Asia-Pacific, South America, and Middle East & Africa.

According to the report title, “Global Flexible Packaging Market Outlook, 2027”, publish by Bonafide research, the market was value at around USD 242 Billion in 2021 and it is anticipated to grow with the CAGR of more than 4.5%from 2022 to 2027. Increasing demand for ready-to-eat meals, packaged foods, fruit juices, water, meat, and seafood requires the proper packaging for handling and transportation. Import-export activities require the proper packaging. The Asia-Pacific region has been the dominating market in the flexible packaging market in the past years as well as in the forecast period. The Asia-Pacific flexible packaging market will be on an up-surging trend because of the rising demand in the packaged food market. Rising investments in the packaging market will lead to high demand for the flexible packaging market in the region.

According to the report, based on material type, the market is segmented into plastic, paper, aluminum foil, and other materials. The plastic packaging segment covers the largest portion of the market in flexible packaging. Plastic packaging is estimated to cover the market share of more than 65% in the forecasted period. Plastic packaging is very convenient and easy to handle and carry. Plastic packaging delivers effective packaging and it uses fewer materials in packaging. Nowadays, paper packaging is also considered more eco-friendly and sustainable packaging. Based on the application, the market is segmented into food, beverage, pharmaceuticals, personal care, and others. The food industry has been witnessing immense growth in the flexible packaging market. Growth in demand for snacks and convenience, ready-to-eat foods, coffee, juices, etc. will lead to high demand for the flexible packaging market in the forecast period. Based on the packaging type, the market is segmented into bags, wraps, pouches, and others. The pouches segment covers the largest market share in the global flexible packaging market. Innovation in consumer products is the main factor that is increasing the demand for the pouches segment.

COVID-19 Impact:

The COVID-19 pandemic has severely disrupted the world economy and international trade. Under the impact of the COVID-19 pandemic situation, every industry is affected. In the beginning of the pandemic, the flexible packaging industry is affected, but after that an increase in the demand for flexible plastic packaging for food, beverage, and pharmaceutical applications for product packaging, will lead to the growth of the flexible packaging market.

Major Companies present in the market:
Amcor Plc, Berry Global Group Inc., Mondi Group, Sealed Air Corporation, Constantia Flexibles, Coveris Holding SA, Transcontinental Inc., HuhtamäkiOyj, Sonoco Products Company, Ahlstrom-MunksjöOyj, Greif, Inc., Westrock Company, AptarGroup, Inc., FlexPak Services LLC, Al Invest Bridlicnaa.s., Aran Group., Alubergs.p.a., Danaflex Group, Bischof + Klein SE & Co. KG, Glenroy, Inc., Clondalkin Group Holdings BV, ProAmpac Intermediate, Inc.

Considered in this report
• Geography: Global
• Base year: 2021
• Estimated year: 2022
• Forecast year: 2027

Aspects covered in this report
• Global Flexible Packaging market with its value and forecast along with its segments
• Region-wise flexible packaging market analysis
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

Regions covered in the report
• North America (United States, Canada, Mexico)
• Europe (Germany, United Kingdom, France, Italy, Spain, Russia)
• Asia-Pacific (China, Japan, India, Australia, South Korea)
• South America (Brazil, Argentina)
• Middle-East & Africa (UAE, Saudi Arabia, South Africa)

Types of Material in the report:
• Plastic
• Paper
• Aluminum Foil
• Others

By End-Use in the report:
• Food
• Beverages
• Pharmaceuticals
• Personal care
• Others

Types of Packaging in the report:
• Bags
• Wraps
• Pouches
• Others

The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third party sources such as press releases, annual report of companies, analysing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources.

Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to flexible packaging industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

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Kripa Shah

Senior Analyst

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Companies Mentioned

  • Ahlstrom-Munksjö
  • Berry Global Inc
  • Sonoco Products Company
  • Sealed Air Corporation
  • Amcor Plc
  • Mondi Group
  • Constantia Flexibles
  • Coveris Holding SA
  • Transcontinental Inc.
  • HuhtamäkiOyj
  • Greif, Inc.
  • Westrock Company
  • AptarGroup, Inc.
  • FlexPak Services LLC
  • Al Invest Bridlicnaa.s.
  • Aran Group.
  • Alubergs.p.a.
  • Danaflex Group
  • Bischof + Klein SE & Co. KG
  • Glenroy, Inc.
  • Clondalkin Group Holdings BV
  • ProAmpac Intermediate, Inc.

Table of Contents

  • Table of Contents
  • 1. Executive Summary
  • 2. Report Methodology
  • 3. Market Structure
  • 3.1. Market Considerate
  • 3.2. Market Definition
  • 4. Economic /Demographic Snapshot
  • 5. Global Flexible Packaging Market Outlook
  • 5.1. Market Size By Value
  • 5.2. Market Share
  • 5.2.1. By Region
  • 5.2.2. By Material Type
  • 5.2.3. By Application
  • 5.2.4. By Packaging Type
  • 5.2.5. By Company
  • 5.2.6. By Country
  • 6. North America Flexible Packaging Market Outlook
  • 6.1. Market Size By Value
  • 6.2. Market Share
  • 6.2.1. By Country
  • 6.2.2. By Material Type
  • 6.2.3. By Application
  • 6.2.4. By Packaging Type
  • 6.3. US Flexible Packaging Market Outlook
  • 6.3.1. Market Size By Value
  • 6.3.2. Market Share
  • 6.3.2.1. By Material Type
  • 6.3.2.2. By Application
  • 6.4. Canada Flexible Packaging Market Outlook
  • 6.4.1. Market Size By Value
  • 6.4.2. Market Share
  • 6.4.2.1. By Material Type
  • 6.4.2.2. By Application
  • 6.5. Mexico Flexible Packaging Market Outlook
  • 6.5.1. Market Size By Value
  • 6.5.2. Market Share
  • 6.5.2.1. By Material Type
  • 6.5.2.2. By Application
  • 7. Europe Flexible Packaging Market Outlook
  • 7.1. Market Size By Value
  • 7.2. Market Share
  • 7.2.1. By Country
  • 7.2.2. By Material Type
  • 7.2.3. By Application
  • 7.2.4. By Packaging Type
  • 7.3. Germany Flexible Packaging Market Outlook
  • 7.3.1. Market Size By Value
  • 7.3.2. Market Share
  • 7.3.2.1. By Material Type
  • 7.3.2.2. By Application
  • 7.4. UK Flexible Packaging Market Outlook
  • 7.4.1. Market Size By Value
  • 7.4.2. Market Share
  • 7.4.2.1. By Material Type
  • 7.4.2.2. By Application
  • 7.5. France Flexible Packaging Market Outlook
  • 7.5.1. Market Size By Value
  • 7.5.2. Market Share
  • 7.5.2.1. By Material Type
  • 7.5.2.2. By Application
  • 7.6. Italy Flexible Packaging Market Outlook
  • 7.6.1. Market Size By Value
  • 7.6.2. Market Share
  • 7.6.2.1. By Material Type
  • 7.6.2.2. By Application
  • 7.7. Spain Flexible Packaging Market Outlook
  • 7.7.1. Market Size By Value
  • 7.7.2. Market Share
  • 7.7.2.1. By Material Type
  • 7.7.2.2. By Application
  • 7.8. Russia Flexible Packaging Market Outlook
  • 7.8.1. Market Size By Value
  • 7.8.2. Market Share
  • 7.8.2.1. By Material Type
  • 7.8.2.2. By Application
  • 8. Asia-Pacific Flexible Packaging Market Outlook
  • 8.1. Market Size By Value
  • 8.2. Market Share
  • 8.2.1. By Country
  • 8.2.2. By Material Type
  • 8.2.3. By Application
  • 8.2.4. By Packaging Type
  • 8.3. China Flexible Packaging Market Outlook
  • 8.3.1. Market Size By Value
  • 8.3.2. Market Share
  • 8.3.2.1. By Material Type
  • 8.3.2.2. By Application
  • 8.4. Japan Flexible Packaging Market Outlook
  • 8.4.1. Market Size By Value
  • 8.4.2. Market Share
  • 8.4.2.1. By Material Type
  • 8.4.2.2. By Application
  • 8.5. India Flexible Packaging Market Outlook
  • 8.5.1. Market Size By Value
  • 8.5.2. Market Share
  • 8.5.2.1. By Material Type
  • 8.5.2.2. By Application
  • 8.6. Australia Flexible Packaging Market Outlook
  • 8.6.1. Market Size By Value
  • 8.6.2. Market Share
  • 8.6.2.1. By Material Type
  • 8.6.2.2. By Application
  • 8.7. South Korea Flexible Packaging Market Outlook
  • 8.7.1. Market Size By Value
  • 8.7.2. Market Share
  • 8.7.2.1. By Material Type
  • 8.7.2.2. By Application
  • 9. South America Flexible Packaging Market Outlook
  • 9.1. Market Size By Value
  • 9.2. Market Share
  • 9.2.1. By Country
  • 9.2.2. By Material Type
  • 9.2.3. By Application
  • 9.2.4. By Packaging Type
  • 9.3. Brazil Flexible Packaging Market Outlook
  • 9.3.1. Market Size By Value
  • 9.3.2. Market Share
  • 9.3.2.1. By Material Type
  • 9.3.2.2. By Application
  • 9.4. Argentina Flexible Packaging Market Outlook
  • 9.4.1. Market Size By Value
  • 9.4.2. Market Share
  • 9.4.2.1. By Material Type
  • 9.4.2.2. By Application
  • 10. Middle East and Africa Flexible Packaging Market Outlook
  • 10.1. Market Size By Value
  • 10.2. Market Share
  • 10.2.1. By Country
  • 10.2.2. By Material Type
  • 10.2.3. By Application
  • 10.2.4. By Packaging Type
  • 10.3. UAE Flexible Packaging Market Outlook
  • 10.3.1. Market Size By Value
  • 10.3.2. Market Share
  • 10.3.2.1. By Material Type
  • 10.3.2.2. By Application
  • 10.4. Saudi Arabia Flexible Packaging Market Outlook
  • 10.4.1. Market Size By Value
  • 10.4.2. Market Share
  • 10.4.2.1. By Material Type
  • 10.4.2.2. By Application
  • 10.5. South Africa Flexible Packaging Market Outlook
  • 10.5.1. Market Size By Value
  • 10.5.2. Market Share
  • 10.5.2.1. By Material Type
  • 10.5.2.2. By Application
  • 11. Market Dynamics
  • 11.1. Key Drivers
  • 11.2. Key Challenges
  • 12. Market Trends and Developments
  • 12.1. XXXX
  • 12.2. XXXX
  • 12.3. XXXX
  • 12.4. XXXX
  • 13. Company Profiles
  • 13.1. Amcor Plc
  • 13.2. Berry Global Group Inc.
  • 13.3. Mondi Group
  • 13.4. Sealed Air Corporation
  • 13.5. Constantia Flexibles
  • 13.6. Coveris Holding SA
  • 13.7. Transcontinental Inc.
  • 13.8. HuhtamäkiOyj
  • 13.9. Sonoco Products Company
  • 13.10. Ahlstrom-MunksjöOyj
  • 13.11. Greif, Inc.
  • 13.12. Westrock Company
  • 13.13. AptarGroup, Inc.
  • 13.14. FlexPak Services LLC
  • 13.15. Al Invest Bridlicnaa.s.
  • 13.16. Aran Group.
  • 13.17. Alubergs.p.a.
  • 13.18. Danaflex Group
  • 13.19. Bischof + Klein SE & Co. KG
  • 13.20. Glenroy, Inc.
  • 13.21. Clondalkin Group Holdings BV
  • 13.22. ProAmpac Intermediate, Inc.
  • 14. Strategic Recommendations
  • 15. Disclaimer

List of Tables

Table 1: Top 10 Counties Economic Snapshot 2020
Table 2: Economic Snapshot of Other Prominent Countries 2020
Table 3: Average Exchange Rates for Converting Foreign Currencies into U.S. Dollars
Table 4: Global Flexible Packaging Market Share By Region (2016, 2021 & 2027F)
Table 5: Global Flexible Packaging Market Share By Company (2020)
Table 6: Global Flexible Packaging Market Share By Country (2016, 2021 & 2027F)
Table 7: North America Flexible Packaging Market Share By Country (2016, 2021 & 2027F)
Table 8: Europe Flexible Packaging Market Share By Country (2016, 2021 & 2027F)
Table 9: Asia-Pacific Flexible Packaging Market Share By Country (2016, 2021 & 2027F)
Table 10: South America Flexible Packaging Market Share By Country (2016, 2021 & 2027F)
Table 11: Middle East and Africa Flexible Packaging Market Share By Country (2016, 2021 & 2027F)
Table 12: Key Facts of Amcor Plc
Table 13: Key Facts of Berry Global Group Inc.
Table 14: Key Facts of Mondi Group
Table 15: Key Facts of Sealed Air Corporation
Table 16: Key Facts of Constantia Flexibles
Table 17: Key Facts of Coveris Holding SA
Table 18: Key Facts of Transcontinental Inc.
Table 19: Key Facts of Huhtamäki Oyj
Table 20: Key Facts of Sonoco Products Company
Table 21: Key Facts of Ahlstrom-Munksjö Oyj
Table 22: Key Facts of Greif, Inc.
Table 23: Key Facts of Westrock Company
Table 24: Key Facts of AptarGroup, Inc.
Table 25: Key Facts of FlexPak Services LLC
Table 26: Key Facts of Al Invest Bridlicna a.s.
Table 27: Key Facts of Aran Group.
Table 28: Key Facts of Aluberg s.p.a.
Table 29: Key Facts of Danaflex Group
Table 30: Key Facts of Bischof + Klein SE & Co. KG
Table 31: Key Facts of Glenroy, Inc.
Table 32: Key Facts of Clondalkin Group Holdings BV
Table 33: Key Facts of ProAmpac Intermediate, Inc.

List of Figures

Figure 1: Global Flexible Packaging Market Size By Value 2016 to 2027F (In USD Billion)
Figure 2: Global Flexible Packaging Market Share By Material Type (2016, 2021 & 2027F)
Figure 3: Global Flexible Packaging Market Share By Application (2016, 2021 & 2027F)
Figure 4: Global Flexible Packaging Market Share By Packaging Type (2016, 2021 & 2027F)
Figure 5: North America Flexible Packaging Market Size By Value 2016 to 2027F (In USD Billion)
Figure 6: North America Flexible Packaging Market Share By Material Type (2016, 2021 & 2027F)
Figure 7: North America Flexible Packaging Market Share By Application (2016, 2021 & 2027F)
Figure 8: North America Flexible Packaging Market Share By Packaging Type (2016, 2021 & 2027F)
Figure 9:US Flexible Packaging Market Size By Value 2016 to 2027F (In USD Billion)
Figure 10: US Flexible Packaging Market Share By Material Type (2016, 2021 & 2027F)
Figure 11: US Flexible Packaging Market Share By Application (2016, 2021 & 2027F)
Figure 12: Canada Flexible Packaging Market Size By Value 2016 to 2027F (In USD Billion)
Figure 13: Canada Flexible Packaging Market Share By Material Type (2016, 2021 & 2027F)
Figure 14: Canada Flexible Packaging Market Share By Application (2016, 2021 & 2027F)
Figure 15: Mexico Flexible Packaging Market Size By Value 2016 to 2027F (In USD Billion)
Figure 16: Mexico Flexible Packaging Market Share By Material Type (2016, 2021 & 2027F)
Figure 17: Mexico Flexible Packaging Market Share By Application (2016, 2021 & 2027F)
Figure 18: Europe Flexible Packaging Market Size By Value 2016 to 2027F (In USD Billion)
Figure 19: Europe Flexible Packaging Market Share By Material Type (2016, 2021 & 2027F)
Figure 20: Europe Flexible Packaging Market Share By Application (2016, 2021 & 2027F)
Figure 21: Europe Flexible Packaging Market Share By Packaging Type (2016, 2021 & 2027F)
Figure 22: Germany Flexible Packaging Market Size By Value 2016 to 2027F (In USD Billion)
Figure 23: Germany Flexible Packaging Market Share By Material Type (2016, 2021 & 2027F)
Figure 24: Germany Flexible Packaging Market Share By Application (2016, 2021 & 2027F)
Figure 25: UK Flexible Packaging Market Size By Value 2016 to 2027F (In USD Billion)
Figure 26: UK Flexible Packaging Market Share By Material Type (2016, 2021 & 2027F)
Figure 27: UK Flexible Packaging Market Share By Application (2016, 2021 & 2027F)
Figure 28: France Flexible Packaging Market Size By Value 2016 to 2027F (In USD Billion)
Figure 29: France Flexible Packaging Market Share By Material Type (2016, 2021 & 2027F)
Figure 30: France Flexible Packaging Market Share By Application (2016, 2021 & 2027F)
Figure 31: Italy Flexible Packaging Market Size By Value 2016 to 2027F (In USD Billion)
Figure 32: Italy Flexible Packaging Market Share By Material Type (2016, 2021 & 2027F)
Figure 33: Italy Flexible Packaging Market Share By Application (2016, 2021 & 2027F)
Figure 34: Spain Flexible Packaging Market Size By Value 2016 to 2027F (In USD Billion)
Figure 35: Spain Flexible Packaging Market Share By Material Type (2016, 2021 & 2027F)
Figure 36: Spain Flexible Packaging Market Share By Application (2016, 2021 & 2027F)
Figure 37: Russia Flexible Packaging Market Size By Value 2016 to 2027F (In USD Billion)
Figure 38: Russia Flexible Packaging Market Share By Material Type (2016, 2021 & 2027F)
Figure 39: Russia Flexible Packaging Market Share By Application (2016, 2021 & 2027F)
Figure 40: Asia-Pacific Flexible Packaging Market Size By Value 2016 to 2027F (In USD Billion)
Figure 41: Asia-Pacific Flexible Packaging Market Share By Material Type (2016, 2021 & 2027F)
Figure 42: Asia-Pacific Flexible Packaging Market Share By Application (2016, 2021 & 2027F)
Figure 43: Asia-Pacific Flexible Packaging Market Share By Packaging Type (2016, 2021 & 2027F)
Figure 44: China Flexible Packaging Market Size By Value 2016 to 2027F (In USD Billion)
Figure 45: China Flexible Packaging Market Share By Material Type (2016, 2021 & 2027F)
Figure 46: China Flexible Packaging Market Share By Application (2016, 2021 & 2027F)
Figure 47: Japan Flexible Packaging Market Size By Value 2016 to 2027F (In USD Billion)
Figure 48: Japan Flexible Packaging Market Share By Material Type (2016, 2021 & 2027F)
Figure 49: Japan Flexible Packaging Market Share By Application (2016, 2021 & 2027F)
Figure 50: India Flexible Packaging Market Size By Value 2016 to 2027F (In USD Billion)
Figure 51: India Flexible Packaging Market Share By Material Type (2016, 2021 & 2027F)
Figure 52: India Flexible Packaging Market Share By Application (2016, 2021 & 2027F)
Figure 53: Australia Flexible Packaging Market Size By Value 2016 to 2027F (In USD Billion)
Figure 54: Australia Flexible Packaging Market Share By Material Type (2016, 2021 & 2027F)
Figure 55: Australia Flexible Packaging Market Share By Application (2016, 2021 & 2027F)
Figure 56: South Korea Flexible Packaging Market Size By Value 2016 to 2027F (In USD Billion)
Figure 57: South Korea Flexible Packaging Market Share By Material Type (2016, 2021 & 2027F)
Figure 58: South Korea Flexible Packaging Market Share By Application (2016, 2021 & 2027F)
Figure 59: South America Flexible Packaging Market Size By Value 2016 to 2027F (In USD Billion)
Figure 60: South America Flexible Packaging Market Share By Material Type (2016, 2021 & 2027F)
Figure 61: South America Flexible Packaging Market Share By Application (2016, 2021 & 2027F)
Figure 62: South America Flexible Packaging Market Share By Packaging Type (2016, 2021 & 2027F)
Figure 63: Brazil Flexible Packaging Market Size By Value 2016 to 2027F (In USD Billion)
Figure 64: Brazil Flexible Packaging Market Share By Material Type (2016, 2021 & 2027F)
Figure 65: Brazil Flexible Packaging Market Share By Application (2016, 2021 & 2027F)
Figure 66: Argentina Flexible Packaging Market Size By Value 2016 to 2027F (In USD Billion)
Figure 67: Argentina Flexible Packaging Market Share By Material Type (2016, 2021 & 2027F)
Figure 68: Argentina Flexible Packaging Market Share By Application (2016, 2021 & 2027F)
Figure 69: Middle East and Africa Flexible Packaging Market Size By Value 2016 to 2027F (In USD Billion)
Figure 70: Middle East and Africa Flexible Packaging Market Share By Material Type (2016, 2021 & 2027F)
Figure 71: Middle East and Africa Flexible Packaging Market Share By Application (2016, 2021 & 2027F)
Figure 72: Middle East and Africa Flexible Packaging Market Share By Packaging Type (2016, 2021 & 2027F)
Figure 73: UAE Flexible Packaging Market Size By Value 2016 to 2027F (In USD Billion)
Figure 74: UAE Flexible Packaging Market Share By Material Type (2016, 2021 & 2027F)
Figure 75: UAE Flexible Packaging Market Share By Application (2016, 2021 & 2027F)
Figure 76: Saudi Arabia Flexible Packaging Market Size By Value 2016 to 2027F (In USD Billion)
Figure 77: Saudi Arabia Flexible Packaging Market Share By Material Type (2016, 2021 & 2027F)
Figure 78: Saudi Arabia Flexible Packaging Market Share By Application (2016, 2021 & 2027F)
Figure 79: South Africa Flexible Packaging Market Size By Value 2016 to 2027F (In USD Billion)
Figure 80: South Africa Flexible Packaging Market Share By Material Type (2016, 2021 & 2027F)
Figure 81: South Africa Flexible Packaging Market Share By Application (2016, 2021 & 2027F)
Figure 82: Market Attractiveness Index, 2021
Figure 83: Market Attractiveness Index, 2027F

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Global Flexible Packaging Market - Industry Size, Opportunity, Growth, Demand, & Forecast To 2027

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