Flexible Packaging Market

1
Flexible Packaging Market Trends and Forecast
Till 2030
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Flexible Packaging Market Trends Forecast Till
2030
Flexible Packaging Market, By Material (Plastic,
Paper, Aluminum Foil and others), By Product Type
(Pouches, Bags, Wraps and others), By Printing
Technology (Flexography, Digital Printing and
others), and region (North America, Europe,
Asia-Pacific, Middle East and Africa and South
America).
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ackaging-market
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Market Overview
The global Flexible Packaging Market size was
estimated at USD 250.7 billion in 2023 and is
projected to reach USD 321.2 billion in 2030 at a
CAGR of 5.1 during the forecast period
2024-2030. The flexible packaging market is a
dynamic and rapidly evolving segment within the
packaging industry, known for its use of
materials that are not rigid. This packaging
method includes a variety of products such as
pouches, bags, sachets, roll stocks, and wraps,
which are made from flexible raw materials like
metal, plastic, and paper. The popularity of
flexible packaging has surged due to its
cost-effectiveness, adaptability, and efficiency
in preserving product quality. Purchase this
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packaging-market
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Key Findings
On the basis of Material, the plastic segment
will drive the growth of the flexible packaging
market due to its unique attributes such as
flexibility, sustainability, and lightweight
nature. Its cost-effectiveness and suitability
for all industries, combined with ease of reuse
and recyclability, make it highly attractive. The
rising use of biodegradable plastics aligns with
increasing consumer demand for eco-friendly
products. On the basis of Product Type, the
product type segment will drive the growth of the
flexible packaging market due to its rising
demand for lighter and convenient packaging
solutions. Flexible pouches offer unparalleled
benefits in terms of convenience and innovation,
making them increasingly popular in various
industries, including cosmetics. On the basis of
Packaging Technology, the packaging technology
segment will drive the growth of the flexible
packaging market due to its ability to produce
high-quality images and graphics, along with
consistent and repeatable results across various
products like food, wine, motor oil, and grass
seed.
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Key Findings
The market is also divided into various regions
such as North America, Europe, Asia-Pacific,
South America, and Middle East and Africa. Asia
Pacific held the largest Flexible Packaging
Market share driven by a growing population,
organized retail, developing e-commerce, low-cost
labor, and increasing demand for snacks and
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ible-packaging-market
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Competitive Landscape

• Amcor plc
• Mondi Group
• Huhtamaki Flexible Packaging
• Sonoco Products Company
• Sealed Air
• DS Smith
• Berry Global
• Constantia Flexibles
• Bemis Manufacturing Company
• UkrMetal
• ProAmpac

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Recent Developments
In May 2024, Amcor and AVON have jointly launched
the AmPrima Plus refill pouch for AVON's Little
Black Dress classic shower gels in China. This
recyclable packaging will reduce the carbon
footprint by 83, and decrease water consumption
and renewable energy use by 88 and 79
respectively when recycled. In August 2023, Amcor
has acquired Phoenix Flexibles, located in
Gujarat, India, which generates approximately USD
20 million annually from the sale of flexible
packaging used in food, home care, and personal
care applications. This acquisition enhances
Amcor's capacity in the Indian market and
includes advanced film technology, enabling local
production of a wider range of sustainable
packaging solutions. It also expands Amcor's
product portfolio into lucrative high-value
segments.
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Contact Information
About Us Delvens is a strategic advisory and
consulting company headquartered in New Delhi,
India. The company holds expertise in providing
syndicated research reports, customized research
reports and consulting services. Delvens
qualitative and quantitative data is highly
utilized by each level from niche to major
markets, serving more than 1K prominent companies
by assuring to provide the information on
country, regional and global business
environment. We have a database for more than 45
industries in more than 115 major countries
globally. Contact Us 44-20-3290-6466 1
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