Flexible Packaging Market Global Share Trend Analysis and Forecasts Report

Flexible Packaging Market Report, By Raw Material (Plastic, Flexible Foam, Paper, Aluminium Foils, Bioplastic and Flexible Foam), Product (Pouches, Bags, foils and Films), Application (Food, Beverages, Pharmaceutical, Cosmetics and Consumer Goods) and Geography - Global Market Share, Trend Analysis & Forecast , 2019 - 2028

Report Code : pg1868 | Publish Date : Upcoming | Industry : Packaging | Geography : Global


  • Report Description
  • Summary

Flexible packaging is a lightweight package format. Flexible packaging film consists of optimum quality materials and plays its role effectively as well as consistently all through the life cycle of the products. It leverages flexible substrates including paper as well as plastic films. Bags, envelopes, pouches, sachets, wraps, etc are made up of flexible packaging which are made of easily yielding materials such as film, foil, or paper sheeting which, when filled and sealed, acquires pliable shape. Flexible packaging requires less energy to manufacture and transport, and it generates smaller quantities of greenhouse gases on its way to market. The recyclability and sustainability of some flexible packaging options, as well as their minimization of materials, can boost product appeal to consumers who prefer buying from companies that take steps to reduce their environmental impact and ecological footprint.

Flexible Packaging Market Outlook

The flexible packaging market has a developing potential as the use of flexible packaging and flexible films is growing in various industry due to its superior properties including transparency, twist retention and superior shrinkage. The industry has achieved significant source reductions in the past decade and will continue to further innovate in the upcoming decade to optimize materials and systems. Flexible packaging can be designed to include features like zip locks, spouts, and seals that can be resealed after opening. As consumers increasingly seek options that deliver greater convenience, this benefit supports the opportunity to attract more sales. There are efforts being made to create a compostable, biodegradable alternative to plastics that last as long, but there are few options available as of today.

Flexible Packaging Market Segmental Overview

The report analyses the flexible packaging market on the basis of raw material, product, application and geography. 

Flexible Packaging Market by Raw Material 

Based on raw material, the market is segmented into plastic, flexible foam, paper, aluminium foils, bioplastic and flexible foam. Cost-effectiveness & increased shelf life of the product drives the demand for flexible plastic packaging at a large scale. Due to busy lifestyles, the demand for convenient products has increased, which has led to a rise in demand for flexible packs. Flexible plastic packaging requires fewer resources and energy for packaging; hence, flexible packs are available at low costs as compared to other forms of packaging. Aluminium foil is being merged with flexible films to create lightweight packages. This technology allows the packages to expand during production, then contract as the product is consumed. Moreover, aluminium foil provides a complete barrier to light, oxygen, moisture and bacteria. 

Flexible Packaging Market by Product 

Furthermore, on the basis of product the global flexible packaging market is categorised into pouches, bags, foils and films. Flexible packaging such as pouches is becoming increasingly important. Pouches are versatile packages that can stand upright on shelves, have airtight closures, are easy to pack and place on store shelves, feature significant visibility capabilities and are fully customizable. They also can have multiple layers of protection that are customizable to accommodate nearly any product. Flexible Films are varied in their polymer makeup for foods, but include PVC (polyvinyl-chloride), POF (polyolefin), PE (polyethylene, LLDPE (low linear-density polyethylene) and more. These are often either used in bagging, blister, clamshell and other carded packages, or as a protective layer over trayed foods to improve shelf-life and protect the contents from exterior elements including moisture, oxygen and other contaminants. 

Flexible Packaging Market by Application 

Based on application, this flexible packaging market is classified into food, beverages, pharmaceutical, cosmetics and consumer goods. As flexible packaging gains popularity in the food industry, it is widely viewed by national brand owners and private labels as the packaging of choice for many types of foods on both a domestic and global level. From soups to cocktails, the industry is experiencing a major shift to flexible pouches for foods and beverages that contain high liquid contents. Exceptional flexibility in packaging is critical for players in the food industry as they aim to protect, market and distribute different types of products without damage. 

Flexible Packaging Market by Geography 

Geographically, the global flexible packaging market is categorized into North America, Europe, Asia Pacific and Rest of the World. Rest of the world comprises of Latin America and Middle East & Africa. Asia Pacific is anticipated to grow at a faster pace over the forecast period. The rising expansion of industries and emerging economy of the developing countries are the prominent factors leading to the growth of the flexible packaging market in Asia Pacific. India has the second largest population in the world, behind China. Because of this, the demand for products is much greater when compared to other countries, which are offering growth opportunities for the flexible packaging industry.

Flexible Packaging Market Key Players

Key players of the global flexible packaging market are Amcor Limited, Bemis Company, Inc, Berry Global Inc, CLONDALKIN GROUP, Mondi, Sealed Air, Sonoco Products Company, American Packaging Corporation, COVERIS, Novolex, Winpak Ltd, Printpack, Inc, Sigma Plastics Group, HUHTAMAKI GROUP and Glenroy, Inc.



According to the Flexible Packaging Association, flexible packaging consists of any package or part of a package that’s shape can be readily changed. This includes non-rigid structures such as bags, pouches, shrink films, tubes, sleeves and carded packaging. Owing to its qualities of plastic, film, paper and aluminium foil, flexible packaging offers a broad range of protective properties while minimizing materials and costs. Given these advantages, it continues to be one of the fastest growing segments of the packaging industry. The report analyses the flexible packaging market on the basis of raw material, product, application and geography. Based on raw material, the market is segmented into plastic, flexible foam, paper, aluminium foils, bioplastic and flexible foam. Furthermore, on the basis of product the global flexible packaging market is categorised into pouches, bags, foils and films. Based on application, this flexible packaging market is classified into food, beverages, pharmaceutical, cosmetics and consumer goods. Geographically, the global flexible packaging market is categorized into North America, Europe, Asia Pacific and Rest of the World. Rest of the world comprises of Latin America and Middle East & Africa. Asia Pacific is anticipated to grow at a faster pace over the forecast period. The rising expansion of industries and emerging economy of the developing countries are the prominent factors leading to the growth of the flexible packaging market in Asia Pacific. Key players of the global flexible packaging market are Amcor Limited, Bemis Company, Inc, Berry Global Inc, CLONDALKIN GROUP, Mondi, Sealed Air, Sonoco Products Company, American Packaging Corporation, COVERIS, Novolex, Winpak Ltd, Printpack, Inc, Sigma Plastics Group, HUHTAMAKI GROUP and Glenroy, Inc. 


Why to buy this report:

  • The report offers changing market dynamics in the flexible packaging industry, presenting historical, current and projected market size in terms of value (USD Million) and volume (KT)
  • The research study provides an in-depth analysis of the industry value chain focusing on the peer and parent markets of flexible packaging, such as packaging market, plastic packaging market, etc.
  • It presents a comprehensive assessment of geographical regions exhibiting promising growth, potential and niche segments, and a neutral perspective on the flexible packaging market performance
  • The report also offers strategic recommendations in key business segments based on the market estimations and competitive landscape, mapping the key common trends of flexible packaging market