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Flexible Plastic Packaging Trends and Forecast
The future of the global flexible plastic packaging market looks promising with opportunities in the food, beverage, pharmaceutical & healthcare, and personal care & cosmetic markets. The global flexible plastic packaging market is expected to reach an estimated $165.5 billion by 2030 with a CAGR of 4.3% from 2024 to 2030. The major drivers for this market are increasing demand from end-use industries and e-commerce sales, cost-effectiveness and extended product shelf life, and flexible plastics can be readily shaped into various pouches, bags, wraps, and films adapting to diverse product types and packaging needs.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Flexible Plastic Packaging by Segment
The study includes a forecast for the global flexible plastic packaging by packaging type, material, technology, end use, and region.
Flexible Plastic Packaging Market by Packaging Type [Shipment Analysis by Value from 2018 to 2030]:
• Pouches
• Rollstock
• Bags
• Films & Wraps
• Others
Flexible Plastic Packaging Market by Material [Shipment Analysis by Value from 2018 to 2030]:
• Plastic
• Metal
• Others
Flexible Plastic Packaging Market by Technology [Shipment Analysis by Value from 2018 to 2030]:
• Rotogravure
• Flexography
• Digital Printing
• Others
Flexible Plastic Packaging Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Food
• Beverages
• Pharmaceutical & Healthcare
• Personal Care & Cosmetics
• Others
Flexible Plastic Packaging Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Flexible Plastic Packaging Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies flexible plastic packaging companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the flexible plastic packaging companies profiled in this report include-
• Huhtamaki
• Berry Global
• Amcor
• Mondi
• Sonoco Products
• Coveris
• Bischof + Klein
• Constantia Flexibles
• Sealed Air
• Transcontinental
Flexible Plastic Packaging Market Insights
Lucintel forecasts that pouch is expected to witness the highest growth over the forecast period because they are simple to use, heat sealable, and available in a variety of sizes and forms.
APAC is expected to witness highest growth over the forecast period due to the regionÄX%$%Xs expanding population provides a large client base for fast-moving consumer items and food and drinks.
Features of the Global Flexible Plastic Packaging Market
Market Size Estimates: Flexible plastic packaging market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Flexible plastic packaging market size by packaging type, material, technology, end use, and region in terms of value ($B).
Regional Analysis: Flexible plastic packaging market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different packaging type, material, technology, end use, and regions for the flexible plastic packaging market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the flexible plastic packaging market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the flexible plastic packaging market size?
Answer: The global flexible plastic packaging market is expected to reach an estimated $165.5 billion by 2030.
Q2. What is the growth forecast for flexible plastic packaging market?
Answer: The global flexible plastic packaging market is expected to grow with a CAGR of 4.3% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the flexible plastic packaging market?
Answer: The major drivers for this market are increasing demand from end-use industries and e-commerce sales, cost-effectiveness and extended product shelf life, and flexible plastics can be readily shaped into various pouches, bags, wraps, and films adapting to diverse product types and packaging needs.
Q4. What are the major segments for flexible plastic packaging market?
Answer: The future of the global flexible plastic packaging market looks promising with opportunities in the food, beverage, pharmaceutical & healthcare, and personal care & cosmetic markets.
Q5. Who are the key flexible plastic packaging market companies?
Answer: Some of the key flexible plastic packaging companies are as follows:
• Huhtamaki
• Berry Global
• Amcor
• Mondi
• Sonoco Products
• Coveris
• Bischof + Klein
• Constantia Flexibles
• Sealed Air
• Transcontinental
Q6. Which flexible plastic packaging market segment will be the largest in future?
Answer: Lucintel forecasts that pouch is expected to witness the highest growth over the forecast period because they are simple to use, heat sealable, and available in a variety of sizes and forms.
Q7. In flexible plastic packaging market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to the regionÄX%$%Xs expanding population provides a large client base for fast-moving consumer items and food and drinks.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the flexible plastic packaging market by packaging type (pouches, rollstock, bags, films & wraps, and others), material (plastic, metal, and others), technology (rotogravure, flexography, digital printing, and others), end use (food, beverages, pharmaceutical & healthcare, personal care & cosmetics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Flexible Plastic Packaging Market, Flexible Plastic Packaging Market Size, Flexible Plastic Packaging Market Growth, Flexible Plastic Packaging Market Analysis, Flexible Plastic Packaging Market Report, Flexible Plastic Packaging Market Share, Flexible Plastic Packaging Market Trends, Flexible Plastic Packaging Market Forecast, Flexible Plastic Packaging Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Flexible Plastic Packaging Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Flexible Plastic Packaging Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Flexible Plastic Packaging Market by Packaging Type
3.3.1: Pouches
3.3.2: Rollstock
3.3.3: Bags
3.3.4: Films & Wraps
3.3.5: Others
3.4: Global Flexible Plastic Packaging Market by Material
3.4.1: Plastic
3.4.2: Metal
3.4.3: Others
3.5: Global Flexible Plastic Packaging Market by Technology
3.5.1: Rotogravure
3.5.2: Flexography
3.5.3: Digital Printing
3.5.4: Others
3.6: Global Flexible Plastic Packaging Market by End Use
3.6.1: Food
3.6.2: Beverages
3.6.3: Pharmaceutical & Healthcare
3.6.4: Personal Care & Cosmetics
3.6.5: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Flexible Plastic Packaging Market by Region
4.2: North American Flexible Plastic Packaging Market
4.2.2: North American Flexible Plastic Packaging Market by End Use: Food, Beverages, Pharmaceutical & Healthcare, Personal Care & Cosmetics, and Others
4.3: European Flexible Plastic Packaging Market
4.3.1: European Flexible Plastic Packaging Market by Packaging Type: Pouches, Rollstock, Bags, Films & Wraps, and Others
4.3.2: European Flexible Plastic Packaging Market by End Use: Food, Beverages, Pharmaceutical & Healthcare, Personal Care & Cosmetics, and Others
4.4: APAC Flexible Plastic Packaging Market
4.4.1: APAC Flexible Plastic Packaging Market by Packaging Type: Pouches, Rollstock, Bags, Films & Wraps, and Others
4.4.2: APAC Flexible Plastic Packaging Market by End Use: Food, Beverages, Pharmaceutical & Healthcare, Personal Care & Cosmetics, and Others
4.5: ROW Flexible Plastic Packaging Market
4.5.1: ROW Flexible Plastic Packaging Market by Packaging Type: Pouches, Rollstock, Bags, Films & Wraps, and Others
4.5.2: ROW Flexible Plastic Packaging Market by End Use: Food, Beverages, Pharmaceutical & Healthcare, Personal Care & Cosmetics, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Flexible Plastic Packaging Market by Packaging Type
6.1.2: Growth Opportunities for the Global Flexible Plastic Packaging Market by Material
6.1.3: Growth Opportunities for the Global Flexible Plastic Packaging Market by Technology
6.1.4: Growth Opportunities for the Global Flexible Plastic Packaging Market by End Use
6.1.5: Growth Opportunities for the Global Flexible Plastic Packaging Market by Region
6.2: Emerging Trends in the Global Flexible Plastic Packaging Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Flexible Plastic Packaging Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Flexible Plastic Packaging Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Huhtamaki
7.2: Berry Global
7.3: Amcor
7.4: Mondi
7.5: Sonoco Products
7.6: Coveris
7.7: Bischof + Klein
7.8: Constantia Flexibles
7.9: Sealed Air
7.10: Transcontinental
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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