Flexible Packaging Market - Growth, Trends, and Forecast (2020 - 2025)

The Flexible Packaging Market is Segmented by Material (Plastic, Flexible Foam, Paper, Aluminum Foil), Product (Pouches, Bags, Wraps), End-user Industry (Food, Beverages, Pharmaceutical and Medical, Personal Care, and Household Care), and Geography.

Market Snapshot

Study Period:


Base Year:


Fastest Growing Market:

Asia Pacific

Largest Market:

Asia Pacific


3.87 %

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Market Overview

The flexible packaging market was valued at USD 250.75 billion in 2019, and it is expected to reach a value of USD 314.98 billion by 2025, at a CAGR of 3.87%, over the forecast period (2020-2025).  The regions considered in the scope of the report include North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.

  • Consumer interaction with packages is changing. With an increasing focus on sustainability, traditional rigid packaging solutions are being replaced by innovative, flexible packaging solutions. Increasing market demands for consumer-friendly packages and enhanced product protection have propelled flexible packaging as a viable and cost-effective alternative.
  • The ever-increasing demand for packaged food and beverages is expected to impact the flexible packaging industry. Cigarettes and associated tobacco products are other major products in the flexible packaging industry, with cigarettes expected to surpass bottled water and beet regarding packaging volume, by 2020.
  • As packaging witnesses innovation across different aspects, the growing economies and the consequent rise in the individual purchasing power are expected to boost the growth of premium packaging products.

Scope of the Report

Flexible Packaging is a package like bags and pouches that can be modified and are of free shape. The world of flexible packaging for commodity goods and services is a high volume, low margin world of a product polymer manufacturer. It includes a wide range of processes, ranging from extrusion, slitting, and rewinding to printing, coating, and lamination.

By Product Type
Other Product Types
By Material
By End-user Industry
Pharmaceutical and Medical
Household and Personal Care
Other End-user Industry
North America
United States
United Kingdom
South Korea
Rest of Asia-Pacific
Latin America
Rest of Latin America
Middle East & Africa
United Arab Emirates
Saudi Arabia
South Africa
Rest of Middle East & Africa

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Key Market Trends

Beverage Segment Holds Significant Share in the Flexible Packaging Market

  • Flexible packaging not only plays a pivotal role in reducing beverage and product waste but also allows online brands to reinvigorate their packaging to enhance the e-commerce experience.
  • The US Dairy Export Council (USDEC) and Food Innovation and Resource Center (FIRC), at Singapore Polytechnic, are leveraging the growing dairy demand by making Southeast Asian food with reduced salt and sugar, using US dairy ingredients.
  • Southeast Asia is the second-largest market for US dairy exports, and the market was valued at USD 690 million, in 2017. According to USDEC, Southeast Asian customers are conscious of artificial food ingredients and prefer flexible packaging that significantly preserves the integrity of natural and clean label products.
  • The prevalence of flexible packaging in the beverage sector is quite evident when browsing through the selection in the vending machines. The products for sales are convenient, single-use, and are mostly packaged in flexible films.

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Asia-Pacific to Grow Lucratively in the Future

  • Asia-Pacific is the largest market for the packaging industry, accounting for over 40% of the world’s consumption.
  • The main customers of the folding carton industry in the region are the healthcare, tobacco products, household care, and hardware and electrical markets. With the growing Asian economy, all these markets are performing extremely well, outperforming the world as a whole, in terms of percentage growth.
  • The greatest opportunity for the Asian flexible packaging market lies in the online retail market comprising both the largest market, China, and the fastest-growing market, India. China consumed 585.7 billion units of flexible packaging, in 2016, and the packaging market in China witnessed continued growth, due to the fast-paced growth in the consumer goods segment.
  • These demands from the region drive the companies to invest in technologies that enhance the production capacity.

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Competitive Landscape

Some of the major players in the industry are Amron Limited, Bemis Company Inc., Berry Plastics Corporation, Sealed Air, etc. The market is fragmented and yet it is dominated by major players, hence the market concentration will be consolidated.

  • May 2018: FlexPak began offering combined laser processing and slitting services on a wide web-scale for the flexible packaging industry. Its state-of-the-art equipment has been retrofit to a 51.5-inch web width slitter/rewinder to accommodate the high-speed processing of wide format rolls.
  • February 2018: Amcor's Genesis, a new in-store recyclable laminate solution. Buffalo Grove, Ill. Amcor is phasing out its existing flexible packaging for different types of consumer goods with lastest lamination that offers in-store recyclability and also maintains high productivity.

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Table Of Contents


    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study




    1. 4.1 Market Overview

    2. 4.2 Introduction to Market Drivers and Restraints

    3. 4.3 Market Drivers

      1. 4.3.1 Increased Demand for Convenient Packaging

      2. 4.3.2 Demand for Longer Shelf Life and Changing Lifestyles

    4. 4.4 Market Restraints

      1. 4.4.1 Concerns about the Environment and Recycling

    5. 4.5 Value Chain / Supply Chain Analysis

    6. 4.6 Industry Attractiveness - Porter's Five Forces Analysis

      1. 4.6.1 Threat of New Entrants

      2. 4.6.2 Bargaining Power of Buyers/Consumers

      3. 4.6.3 Bargaining Power of Suppliers

      4. 4.6.4 Threat of Substitute Products

      5. 4.6.5 Intensity of Competitive Rivalry


    1. 5.1 By Product Type

      1. 5.1.1 Pouch

      2. 5.1.2 Bag

      3. 5.1.3 Wrap

      4. 5.1.4 Other Product Types

    2. 5.2 By Material

      1. 5.2.1 Plastic

      2. 5.2.2 Paper

      3. 5.2.3 Aluminum

    3. 5.3 By End-user Industry

      1. 5.3.1 Food

      2. 5.3.2 Beverage

      3. 5.3.3 Pharmaceutical and Medical

      4. 5.3.4 Household and Personal Care

      5. 5.3.5 Other End-user Industry

    4. 5.4 Geography

      1. 5.4.1 North America

        1. United States

        2. Canada

      2. 5.4.2 Europe

        1. Germany

        2. United Kingdom

        3. France

      3. 5.4.3 Asia-Pacific

        1. China

        2. India

        3. Japan

        4. Australia

        5. South Korea

        6. Rest of Asia-Pacific

      4. 5.4.4 Latin America

        1. Brazil

        2. Maxico

        3. Argentina

        4. Rest of Latin America

      5. 5.4.5 Middle East & Africa

        1. United Arab Emirates

        2. Saudi Arabia

        3. South Africa

        4. Rest of Middle East & Africa


    1. 6.1 Company Profiles

      1. 6.1.1 Amcor Plc

      2. 6.1.2 Berry Global Inc.

      3. 6.1.3 Mondi Group

      4. 6.1.4 Sealed Air Corporation

      5. 6.1.5 Coveris Holdings SA

      6. 6.1.6 Comexi Group Industries SAU

      7. 6.1.7 Coherent Inc.

      8. 6.1.8 Sei SpA

      9. 6.1.9 WIPF Doypak (Wipf AG)

      10. 6.1.10 FlexPak Services LLC

      11. 6.1.11 Laser Packaging Manufacturing PTE Limited

      12. 6.1.12 Mespack (A Duravant Company)

      13. 6.1.13 Sonoco Products Company

  7. *List Not Exhaustive


** Subject to Availability

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