What’s the Outlook for the Flexible Plastic Packaging Market Size and Growth Rates?
The flexible plastic packaging market size has demonstrated robust growth in recent years, expanding from $173.29 billion in 2024 to an estimated $182.07 billion in 2025. Such growth signifies a compound annual growth rate (CAGR) of 5.1%. This momentum is driven by factors such as consumer convenience, sustainability concerns, growth in the food and beverage sector, effective branding, and logistics.
The market is expected to sustain this strong growth trajectory into the forecast period. Projections indicate an increase to $238.1 billion by 2029, reflecting a compound annual growth rate (CAGR) of 6.9%. This growth owes much to trends such as eCommerce and home delivery, product customization and personalization, food waste reduction, and emerging market growth.
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What’s Driving the Growth in the Flexible Plastic Packaging Market?
The pharmaceutical industry’s expansion is a significant driver propelling the flexible plastic packaging market. As a sector that spearheads disease prevention, diagnosis, and treatment, the pharmaceutical industry’s growing demand can be attributed to the aging population, rising chronic disease prevalence, health and wellness awareness, and medical technology advancements. Flexible plastic packaging is integral for pharmaceutical product packaging, offering extended shelf life, protection, and ease of use.
Presenting the Flexible Plastic Packaging Market by Segments
The flexible plastic packaging market can be segmented as follows:
1) By Type: Stand-Up Pouches, Flat Pouches, Rollstock, Gusseted Bags, Wicketed Bags, Wraps, Other Types
2) By Technology: Flexography, Rotogravure, Digital Printing, Other Technologies
3) By Application: Food, Beverage, Pharma and Healthcare, Personal Care and Cosmetics, Other Applications
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Who Are the Key Players in the Flexible Plastic Packaging Market?
Major companies operating in the flexible plastic packaging market encompass Constantia Flexibles International GmbH, Amcor Ltd., Berry Global Inc., Clondalkin Group Holdings BV, ProAmpac Holdings Inc., Coveris Flexibles UK Ltd., and Bemis Company Inc., among others.
What Trends are Shaping the Flexible Plastic Packaging Market?
The increasing focus on innovative packaging to attract customers and expand the customer base is a significant trend in flexible plastic packaging. Operators in the flexible packaging market prioritize manufacturing innovative, sustainable packaging solutions for end-users.
Which Region is Leading in the Flexible Plastic Packaging Market?
Asia-Pacific constituted the largest region in the flexible plastic packaging market in 2024. However, the flexible plastic packaging market report spans several regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
What Can You Expect From The Flexi Plastic Packaging Market Report 2025?
Flexible plastic packaging refers to a relatively new packing technique that uses flexible materials. The technique proves efficient and economical due to its use of materials like polyethylene, polypropylene, polystyrene, polyvinyl chloride, and more. The Flexible Plastic Packaging Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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