In 2021, the worldwide flexible packaging market was worth US$ 221.60 billion. Flexible packaging is constructed mainly of easily reformed materials that can be molded into various shapes. Flexible packaging is often made out of a mix of substances like aluminum foil, film, and premium quality papers. The materials can be made into bags, pouches, overwraps, liners, etc. Consequently, flexible packaging is extensively utilized across a range of sectors including food processing, consumer products cosmetics, pharmaceuticals, and so on.

Market Trends

Flexible packaging is being adopted in the food industry due to the rising demand for processed food items. This market is also expanding due to consumer awareness about the many benefits flexible packaging offers such as food safety, effectiveness, permeability as well as longer shelf lives in terms of convenience, shelf life, and more. Many technological advancements are resulting in the creation of new and innovative types of products. The rapid growth of the nutraceutical and pharmaceutical industries is also bolstering the demand for packaging that is flexible. Over the next decade, the increasing demand for sustainable and recyclable packaging alternatives will continue to fuel the expansion of the global flexible packaging market.

The report has divided the market based on the type of product, raw material, printing technology, applications, and geographical location.

Breakdown by Product Type

• Printed Rollstock
• Preformed Bags and Pouches
• Other

The broken-down material is a raw material

• Plastic
• Paper
• Aluminum Foil
• Cellulose

Breakup is caused by Printing Technology

• Flexography
• Rotogravure
• Digital
• Other

Application for Breakup

• Food and drinks
• Pharmaceuticals
• Cosmetics
• Other

Geography determines the breaking up

• North America (U.S. Canada)
• Europe (Germany. The United Kingdom. France. Italy. Spain. Russia.
• Asia Pacific (China. India. Japan. South Korea. Indonesia. Australia. and other)
• Latin America (Brazil, Mexico)
• Middle East Africa

List of Key Companies Covered in this Market Report:

• Amcor (NYSE: AMCR)
• Bemis Company
• Berry Global
• Mondi (LON: MNDI)
• Sealed Air (NYSE: SEE)
• Aluflexpack Novi
• Bak Ambalaj Sanayi
• Constantia Flexibles
• Clondalkin Group
• Danaflex
• DS Smith (LON: SMDS).
• Glenroy
• Huhtamaki (HEL: HUH1V)
• Printpack as well as ProAmpac.