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Global Flexible Plastic Packaging Market by Packaging Type (Pouches, Bags, Roll Stock, Films & Wraps), Printing Technology (Flexography, Rotogravure, Digital Printing), End-user Industry, Material (Plastics, Aluminum Foils) and Region - Forecast to 2027

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    Report

  • 290 Pages
  • April 2023
  • Region: Global
  • Markets and Markets
  • ID: 5181343
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Implementing Sustainable Packaging Solutions to Meet Growing Consumer Demand and Preferences Presents Opportunities

The world market for flexible plastic packaging is approximated to be USD 182.4 billion in 2022, and it is projected to reach USD 264.9 billion by 2030, at a CAGR of 4.8%. Among the five packaging types, pouches are the dominant type, owing to their exceptional features such as lightweight, vacuum sealing, and low package-to-product ratio, among others. Pouches are especially in demand in the food and beverage industry, where they are used for packaging various products such as coffee, tea, milk, ketchup, and other food items. Pouches popularity can be attributed to their high resale value and suitability for a wide range of products.

By Packaging Type, Pouches accounted for the highest CAGR during the forecast period

Pouches are Flexible plastic packaging materials that are commonly made of plastic or laminated materials, and they are used to package a wide range of products, including food and beverage items, personal care products, pharmaceuticals, and more. Pouches are lightweight, easy to transport, and can be designed to stand up or lie flat, making them ideal for both retail and transportation. They also offer a high level of product protection, are easily sealable, and can be customized to meet specific branding and marketing needs. The food and beverage industry is the primary user of pouches due to their ability to package products such as coffee, tea, milk, ketchup, and other food items. The demand for pouches in this industry is expected to continue to grow due to the convenience and durability they offer. Other industries, such as personal care and pharmaceuticals, are also adopting pouches due to their portability and ability to preserve product quality and freshness.

By Material, Plastic accounted for the highest CAGR during the forecast period

Flexible plastic packaging products, such as pouches and films, are commonly made of plastic and are used to package a wide range of products, including soaps, detergents, snacks, ketchup, chocolates, candles, and other food items. Plastic-based Flexible plastic packaging is expanding at a higher rate compared to rigid plastic packaging, as it serves a variety of functions such as increasing the shelf life of products, maintaining food safety, and offering barrier protection against heat, pathogens, and other external entities. This makes plastic a popular choice for packaging in various industries, including food and beverages, personal care, and household products. One of the key advantages of plastic-based Flexible plastic packaging is its lightweight and ability to be easily customized to meet specific product and marketing needs. Additionally, plastic packaging is highly versatile and can be used for both retail and transportation purposes. These factors, along with the increasing demand for convenience and eco-friendliness, are driving the growth of plastic-based Flexible plastic packaging during the forecast period.

By End Use Industry, Personal care and cosmetics accounted for the highest CAGR during the forecast period

Flexible plastic packaging provides the beauty industry with packaging options that appeal to environmentally conscious consumers. This type of packaging is airtight and offers a durable protective barrier that helps maintain the freshness of powders, gels, and oils sold by personal care and cosmetic companies. It is commonly used for packaging various items such as cosmetics, perfumes, soaps, as well as facial tissues and napkins.

By Printing Technology, Flexography accounted for the highest CAGR during the forecast period

Flexography is a popular printing technique utilized in the printing of flexible plastic packaging. The process involves various stages such as image preparation, plate creation, printing, and finishing. Unlike other printing methods, flexography uses flexible materials like plastic, rubber, and UV-sensitive polymer to make plates. The inks used in flexography have low viscosity, enabling them to dry quickly, which speeds up the printing process and reduces production costs.

APAC is projected to account for the highest CAGR in the Flexible plastic packaging market during the forecast period

The Asia-Pacific region is experiencing the most rapid growth in the flexible packaging market, with India, China, Japan, Australia, South Korea, and other countries in the region being included. Due to increased economic development and expansion, India, China, and Japan are expected to see significant growth in the flexible packaging market. Additionally, the increasing urbanization in these countries has created a substantial customer base for food, beverage, and FMCG products, further driving the growth of the flexible packaging market in the projected period.

Breakup of Primaries

  • By Department: Sales/Export/ Marketing: 53.5%, Production: 23.3%, and CXOs: 23.3%
  • By Designation: Managers: 60.5%, CXOs: 23.3%, and Executives: 16.3%
  • By Region: North America: 33%, Europe: 27%, Asia-Pacific: 25%, Middle East & Africa: 10%, and South America: 5%

Companies Covered: Huhtamaki Oyj (Finland), Berry Global Group Inc. (US), Amcor Limited. (Australia), Mondi Group. (UK), Sonoco Products Company (US), Coveris Holdings (Luxembourg), Bischof + Klein SE & Co KG (Germany), Constantia Flexibles (Austria), Sealed Air Corporation (US), Transcontinental Inc. (Canada), and others.

Research Coverage

The market study covers the Flexible plastic packaging market across various segments. It aims at estimating the market size and the growth potential of this market across different segments based on application, packaging type, material, and region. The study also includes an in-depth competitive analysis of key players in the market, their company profiles, key observations related to their products and business offerings, recent developments undertaken by them, and key growth strategies adopted by them to improve their position in the Flexible plastic packaging market.

Key Benefits of Buying the Report

The report is expected to help the market leaders/new entrants in this market share the closest approximations of the revenue numbers of the overall Flexible plastic packaging market and its segments and sub-segments. This report is projected to help stakeholders understand the competitive landscape of the market, gain insights to improve the position of their businesses, and plan suitable go-to-market strategies. The report also aims at helping stakeholders understand the pulse of the market and provides them with information on the key market drivers, challenges, and opportunities.

Table of Contents

1 Introduction
1.1 Study Objectives
1.2 Market Definition
1.3 Inclusions & Exclusions
Table 1 Inclusions & Exclusions
1.4 Study Scope
Figure 1 Flexible Plastic Packaging Market Segmentation
1.4.1 Years Considered
1.4.2 Regional Scope
Figure 2 Flexible Plastic Packaging Market, by Region
1.5 Currency Considered
1.6 Unit Considered
1.7 Stakeholders
1.8 Limitations

2 Research Methodology
2.1 Research Data
Figure 3 Flexible Plastic Packaging Market: Research Design
2.1.1 Secondary Data
2.1.1.1 Key Data from Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data from Primary Sources
2.1.2.2 Key Primary Insights
Figure 4 Stakeholders Involved and Breakdown of Primary Interviews
2.2 Market Size Estimation
Figure 5 Market Size Estimation: Bottom-Up Approach
Figure 6 Market Size Estimation: Top-Down Approach
Figure 7 Market Size Estimation: Supply Side
2.3 Data Triangulation
Figure 8 Flexible Plastic Packaging Market: Data Triangulation
2.4 Recession Impact
2.5 Research Assumptions
2.6 Limitations
2.7 Growth Rate Assumptions

3 Executive Summary
Figure 9 Pouches to be Fastest-Growing Segment in Flexible Plastic Packaging Market During Forecast Period
Figure 10 Flexography Dominated Flexible Plastic Packaging Market in 2022
Figure 11 Food to be Largest Application in Flexible Plastic Packaging Market During Forecast Period
Figure 12 Plastic to be Dominant Material in Flexible Plastic Packaging Market During Forecast Period
Figure 13 Asia-Pacific Dominated Flexible Plastic Packaging Market in 2021

4 Premium Insights
4.1 Attractive Opportunities for Players in Flexible Plastic Packaging Market
Figure 14 Emerging Economies Offer Attractive Opportunities in Flexible Plastic Packaging Market
4.2 Asia-Pacific: Flexible Plastic Packaging Market, by Application and Country
Figure 15 By Region and Application, Asia-Pacific and Food Segment Dominated Flexible Plastic Packaging Market in 2021
4.3 Flexible Plastic Packaging Market, by Type
Figure 16 Pouches to Lead Flexible Plastic Packaging Market During Forecast Period
4.4 Flexible Plastic Packaging Market, by Application
Figure 17 Food Projected to be Largest Segment of Flexible Plastic Packaging Market
4.5 Flexible Plastic Packaging Market, by Printing Technology
Figure 18 Flexography to be Most Lucrative Segment in Flexible Plastic Packaging Market During Forecast Period
4.6 Flexible Plastic Packaging Market, by Material
Figure 19 Plastic to be Most Remunerative Segment in Flexible Plastic Packaging Market During Forecast Period
4.7 Flexible Plastic Packaging Market, by Country
Figure 20 Flexible Plastic Packaging Market in India Projected to Witness Highest CAGR During Forecast Period

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
Figure 21 Flexible Plastic Packaging Market: Drivers, Restraints, Opportunities, and Challenges
5.2.1 Drivers
5.2.1.1 Cost-Effectiveness and Increased Product Shelf Life
5.2.1.2 Rising Demand from End-use Industries and Increasing E-Commerce Sales
Figure 22 Online Retail Sales
Figure 23 Monthly Growth Rate of Retail Sales of Consumer Goods in China, 2022
5.2.1.3 Rising Concerns Toward Sustainability
Table 2 Package Comparison
5.2.2 Restraints
5.2.2.1 Stringent Regulations and High Cost of Raw Biodegradable Material
5.2.2.2 Lack of Efficient Recycling Infrastructure
5.2.2.3 Rising Prices of Raw Materials
5.2.3 Opportunities
5.2.3.1 Implementing Sustainable Packaging Solutions to Meet Growing Consumer Demand and Preferences
5.2.3.2 Better Substitute for Traditional Packaging Materials
5.2.4 Challenges
5.2.4.1 Constant Pressure to Innovate and Improve to Meet Ever-Changing Customer Demands
5.2.4.2 Recyclability of Plastics
5.3 Porter's Five Forces Analysis
Figure 24 Flexible Plastic Packaging Market: Porter's Five Forces Analysis
Table 3 Flexible Plastic Packaging Market: Porter's Five Forces Analysis
5.3.1 Threat of Substitutes
5.3.2 Bargaining Power of Buyers
5.3.3 Threat of New Entrants
5.3.4 Bargaining Power of Suppliers
5.3.5 Intensity of Competitive Rivalry

6 Industry Trends
6.1 Introduction
6.2 Value Chain Analysis
Figure 25 Flexible Plastic Packaging Market: Value Chain Analysis
6.3 Supply Chain Analysis
Figure 26 Supply Chain of Flexible Plastic Packaging Industry
6.4 Prominent Companies
6.5 Small & Medium-Sized Enterprises
Table 4 Flexible Plastic Packaging Market: Value Chain
6.6 YC & YCC Shift
6.6.1 Revenue Shift & New Revenue Pockets for Flexible Plastic Packaging Manufacturers
Figure 27 Revenue Shift for Flexible Plastic Packaging Manufacturers
6.7 Patent Analysis
6.7.1 Introduction
6.7.2 Methodology
Figure 28 Granted Patents Accounted for 25 of Total Patents in Last Five Years
Figure 29 Patent Publication Trends - Last Five Years
Figure 30 Jurisdiction Analysis, 2018-2022
Figure 31 Top 10 Companies/Applicants with Highest Number of Patents
6.8 Pricing Analysis
6.8.1 Average Selling Price, by Region
Figure 32 Cost Incurred to Manufacture Plastic/Aluminum/Plastic Stand-Up Pouch (USD/KG)
6.9 Technology Analysis
6.9.1 Various Printing Methods for Flexible Products
6.9.1.1 Rotogravure
6.9.1.2 Lithography
6.9.1.3 Flexography
6.9.1.4 Digital Printing
6.9.2 Form Fill Seal Machine for Flexible Plastic Packaging
6.9.3 Modified Atmosphere Packaging Technology
6.9.4 Artificial Intelligence
6.10 Trade Analysis
Table 5 Importing Countries for 3,920 Plastics, Plates, Sheets, Films, Foils, Strips (Non-Adhesive), Non-Cellular, Not Reinforced, Laminated Supported or Combined with Other Materials, 2021 (USD Billion)
Table 6 Exporting Countries for 3,920 Plastics, Plates, Sheets, Films, Foils, Strips (Non-Adhesive), Non-Cellular, Not Reinforced, Laminated Supported or Combined with Other Materials, 2021 (USD Billion)
6.11 Ecosystem
Figure 33 Ecosystem of Flexible Plastic Packaging Market
6.12 Case Study Analysis
6.12.1 Amcor Flexibles - First Metal-Free, Recyclable Solution for Dry and Powdered Food Products
6.12.2 Sealed Air - Butterball Foodservice Tackles Food Safety with Cryovac Brand VPP
6.12.3 Toundra Greenhouse Serres Improves Their Carbon Footprint and Shelf Life with Growpack Anti-Fog Shrink Film
6.13 Regulatory Bodies, Government Agencies, and Other Organizations
Table 7 Regulatory Bodies, Government Agencies, and Other Organizations
6.14 Key Conferences and Events, 2023
Table 8 Flexible Plastic Packaging Market: Conferences and Events

7 Flexible Plastic Packaging Market, by Application
7.1 Introduction
Figure 34 Flexible Plastic Packaging Market, by Application (2022 vs. 2030)
Table 9 Flexible Plastic Packaging Market, by Application, 2017-2020 (USD Million)
Table 10 Flexible Plastic Packaging Market, by Application, 2021-2030 (USD Million)
Table 11 Flexible Plastic Packaging Market, by Application, 2017-2020 (Kilo Tons)
Table 12 Flexible Plastic Packaging Market, by Application, 2021-2030 (Kilo Tons)
7.2 Food
7.2.1 Lightweight, Cost-Effective, and Offers Wide Range of Shapes and Sizes
7.2.2 Snacks
7.2.3 Frozen Food
7.2.4 Fruits & Vegetables
7.2.5 Dairy
7.2.6 Others
7.3 Beverages
7.3.1 Pouches to be Most Preferred Packaging Solution
7.4 Pharmaceuticals & Healthcare
7.4.1 Growing Demand for Extended Shelf Life of Medicines and Medical Devices
7.5 Personal Care & Cosmetics
7.5.1 Protects Product from Moisture and Gas
7.6 Other Applications

8 Flexible Plastic Packaging Market, by Material
8.1 Introduction
Figure 35 Plastic Segment to Lead Flexible Plastic Packaging Market During Forecast Period
Table 13 Flexible Plastic Packaging Market, by Material, 2017-2020 (USD Million)
Table 14 Flexible Plastic Packaging Market, by Material, 2021-2030 (USD Million)
Table 15 Flexible Plastic Packaging Market, by Material, 2017-2020 (Kilo Tons)
Table 16 Flexible Plastic Packaging Market, by Material, 2021-2030 (Kilo Tons)
8.2 Plastics
8.2.1 Cost-Effectiveness and Excellent Barrier Properties
8.2.2 Polypropylene
8.2.2.1 Biaxially Oriented Polypropylene
8.2.2.2 Cast Polypropylene
8.2.3 Polyethylene
8.2.3.1 High-Density Polyethylene
8.2.3.2 Low-Density Polyethylene
8.2.4 Polyvinyl Chloride
8.2.5 Biaxially Oriented Polyethylene Terephthalate
8.2.6 Ethylene-Vinyl Acetate
8.2.7 Polyamides
8.2.8 Polystyrene
8.2.9 Bioplastics
8.3 Aluminum Foils
8.3.1 Strong Barrier Properties to Boost Its Demand
8.4 Other Materials

9 Flexible Plastic Packaging Market, by Packaging Type
9.1 Introduction
Figure 36 Pouches Segment to Dominate Flexible Plastic Packaging Market During Forecast Period
Table 17 Flexible Plastic Packaging Market, by Packaging Type, 2017-2020 (USD Million)
Table 18 Flexible Plastic Packaging Market, by Packaging Type, 2021-2030 (USD Million)
Table 19 Flexible Plastic Packaging Market, by Packaging Type, 2017-2020 (Kilo Tons)
Table 20 Flexible Plastic Packaging Market, by Packaging Type, 2021-2030 (Kilo Tons)
9.2 Pouches
9.2.1 Convenient Packaging, Heat-Sealing Capabilities, and User-Friendly Design
9.2.2 Stand-Up Pouches
9.2.3 Flat Pouches
9.3 Rollstock
9.3.1 Designed to Increase Shelf Life and Retain Flavor and Aroma
9.4 Bags
9.4.1 Provide Aesthetic Impact and Boost Marketing Exposure
9.5 Films & Wraps
9.5.1 Incorporates Easy-Open Seals, Resealable Closures, and Tamper Evident Features
9.6 Other Packaging Types

10 Flexible Plastic Packaging Market, by Printing Technology
10.1 Introduction
Figure 37 Flexography Segment to Lead Flexible Packaging Market During Forecast Period
Table 21 Flexible Packaging Market, by Printing Technology, 2017-2020 (USD Million)
Table 22 Flexible Packaging Market, by Printing Technology, 2021-2030 (USD Million)
Table 23 Flexible Packaging Market, by Printing Technology, 2017-2020 (Kilo Tons)
Table 24 Flexible Packaging Market, by Printing Technology, 2021-2030 (Kilo Tons)
10.2 Flexography
10.2.1 Low Viscosity Speeds Up Printing Process and Saves Production Cost
10.3 Rotogravure
10.3.1 Transfers Ink Consistently and Offers High-Quality Images
10.4 Digital Printing
10.4.1 Reduces Environmental Impact due to Less Wastage
10.5 Other Printing Technologies

11 Flexible Plastic Packaging Market, by Region
11.1 Introduction
Figure 38 Asia-Pacific to be Fastest-Growing Market During Forecast Period
Figure 39 Asia-Pacific to Account for Largest Market Share for Flexible Plastic Packaging During Forecast Period
Table 25 Flexible Plastic Packaging Market, by Region, 2017-2020 (USD Million)
Table 26 Flexible Plastic Packaging Market, by Region, 2021-2030 (USD Million)
Table 27 Flexible Plastic Packaging Market, by Region, 2017-2020 (Kilo Tons)
Table 28 Flexible Plastic Packaging Market, by Region, 2021-2030 (Kilo Tons)
11.2 North America
Figure 40 North America: Flexible Plastic Packaging Market Snapshot
Table 29 North America: Flexible Plastic Packaging Market, by Country, 2021-2030 (USD Million)
Table 30 North America: Flexible Plastic Packaging Market, by Country, 2021-2030 (Kilo Tons)
Table 31 North America: Flexible Plastic Packaging Market, by Packaging Type, 2017-2020 (USD Million)
Table 32 North America: Flexible Plastic Packaging Market, by Packaging Type, 2021-2030 (USD Million)
Table 33 North America: Flexible Plastic Packaging Market, by Packaging Type, 2017-2020 (Kilo Tons)
Table 34 North America: Flexible Plastic Packaging Market, by Packaging Type, 2021-2030 (Kilo Tons)
Table 35 North America: Flexible Plastic Packaging Market, by Application, 2017-2020 (USD Million)
Table 36 North America: Flexible Plastic Packaging Market, by Application, 2021-2030 (USD Million)
Table 37 North America: Flexible Plastic Packaging Market, by Application, 2017-2020 (Kilo Tons)
Table 38 North America: Flexible Plastic Packaging Market, by Application, 2021-2030 (Kilo Tons)
11.2.1 US
11.2.1.1 Growing Popularity of Convenient and On-The-Go Products
Table 39 US: Flexible Plastic Packaging Market, by Packaging Type, 2021-2030 (USD Million)
Table 40 US: Flexible Plastic Packaging Market, by Packaging Type, 2021-2030 (Kilo Tons)
Table 41 US: Flexible Plastic Packaging Market, by Application, 2021-2030 (USD Million)
Table 42 US: Flexible Plastic Packaging Market, by Application, 2021-2030 (Kilo Tons)
11.2.2 Canada
11.2.2.1 Growing Demand from Food & Beverage Industry
Table 43 Canada: Flexible Plastic Packaging Market, by Packaging Type, 2021-2030 (USD Million)
Table 44 Canada: Flexible Plastic Packaging Market, by Packaging Type, 2021-2030 (Kilo Tons)
Table 45 Canada: Flexible Plastic Packaging Market, by Application, 2021-2030 (USD Million)
Table 46 Canada: Flexible Plastic Packaging Market, by Application, 2021-2030 (Kilo Tons)
11.2.3 Mexico
11.2.3.1 Rising Investment in Consumer-Packaged Goods Companies
Table 47 Mexico: Flexible Plastic Packaging Market, by Packaging Type, 2021-2030 (USD Million)
Table 48 Mexico: Flexible Plastic Packaging Market, by Packaging Type, 2021-2030 (Kilo Tons)
Table 49 Mexico: Flexible Plastic Packaging Market, by Application, 2021-2030 (USD Million)
Table 50 Mexico: Flexible Plastic Packaging Market, by Application, 2021-2030 (Kilo Tons)
11.3 Asia-Pacific
Figure 41 Asia-Pacific: Flexible Plastic Packaging Market Snapshot
Table 51 Asia-Pacific: Flexible Plastic Packaging Market, by Country, 2021-2030 (USD Million)
Table 52 Asia-Pacific: Flexible Plastic Packaging Market, by Country, 2021-2030 (Kilo Tons)
Table 53 Asia-Pacific: Flexible Plastic Packaging Market, by Packaging Type, 2017-2020 (USD Million)
Table 54 Asia-Pacific: Flexible Plastic Packaging Market, by Packaging Type, 2021-2030 (USD Million)
Table 55 Asia-Pacific: Flexible Plastic Packaging Market, by Packaging Type, 2017-2020 (Kilo Tons)
Table 56 Asia-Pacific: Flexible Plastic Packaging Market, by Packaging Type, 2021-2030 (Kilo Tons)
Table 57 Asia-Pacific: Flexible Plastic Packaging Market, by Application, 2017-2020 (USD Million)
Table 58 Asia-Pacific: Flexible Plastic Packaging Market, by Application, 2021-2030 (USD Million)
Table 59 Asia-Pacific: Flexible Plastic Packaging Market, by Application, 2017-2020 (Kilo Tons)
Table 60 Asia-Pacific: Flexible Plastic Packaging Market, by Application, 2021-2030 (Kilo Tons)
11.3.1 China
11.3.1.1 Increasing Foodstuffs Trade and Favorable Initiatives by Government
Table 61 China: Flexible Plastic Packaging Market, by Packaging Type, 2021-2030 (USD Million)
Table 62 China: Flexible Plastic Packaging Market, by Packaging Type, 2021-2030 (Kilo Tons)
Table 63 China: Flexible Plastic Packaging Market, by Application, 2021-2030 (USD Million)
Table 64 China: Flexible Plastic Packaging Market, by Application, 2021-2030 (Kilo Tons)
11.3.2 Japan
11.3.2.1 Rise in Production Value of Consumer Goods to Benefit Market
Table 65 Japan: Flexible Plastic Packaging Market, by Packaging Type, 2021-2030 (USD Million)
Table 66 Japan: Flexible Plastic Packaging Market, by Packaging Type, 2021-2030 (Kilo Tons)
Table 67 Japan: Flexible Plastic Packaging Market, by Application, 2021-2030 (USD Million)
Table 68 Japan: Flexible Plastic Packaging Market, by Application, 2021-2030 (Kilo Tons)
11.3.3 India
11.3.3.1 Favorable Fdi Regulations in Food Processing and Single-Brand Retail to Boost New Product Launches
Table 69 India: Flexible Plastic Packaging Market, by Packaging Type, 2021-2030 (USD Million)
Table 70 India: Flexible Plastic Packaging Market, by Packaging Type, 2021-2030 (Kilo Tons)
Table 71 India: Flexible Plastic Packaging Market, by Application, 2021-2030 (USD Million)
Table 72 India: Flexible Plastic Packaging Market, by Application, 2021-2030 (Kilo Tons)
11.3.4 Australia
11.3.4.1 Growing Food Manufacturing Activities and Rising Demand for Interactive and Convenient Packaging
Table 73 Australia: Flexible Plastic Packaging Market, by Packaging Type, 2021-2030 (USD Million)
Table 74 Australia: Flexible Plastic Packaging Market, by Packaging Type, 2021-2030 (Kilo Tons)
Table 75 Australia: Flexible Plastic Packaging Market, by Application, 2021-2030 (USD Million)
Table 76 Australia: Flexible Plastic Packaging Market, by Application, 2021-2030 (Kilo Tons)
11.3.5 South Korea
11.3.5.1 Growing Retail Food Sales and Changing Lifestyles Expected to Boost Market
Table 77 South Korea: Flexible Plastic Packaging Market, by Packaging Type, 2021-2030 (USD Million)
Table 78 South Korea: Flexible Plastic Packaging Market, by Packaging Type, 2021-2030 (Kilo Tons)
Table 79 South Korea: Flexible Plastic Packaging Market, by Application, 2021-2030 (USD Million)
Table 80 South Korea: Flexible Plastic Packaging Market, by Application, 2021-2030 (Kilo Tons)
11.3.6 Indonesia
11.3.6.1 Growth of E-Commerce Sector to Drive Market
Table 81 Indonesia: Flexible Plastic Packaging Market, by Packaging Type, 2021-2030 (USD Million)
Table 82 Indonesia: Flexible Plastic Packaging Market, by Packaging Type, 2021-2030 (Kilo Tons)
Table 83 Indonesia: Flexible Plastic Packaging Market, by Application, 2021-2030 (USD Million)
Table 84 Indonesia: Flexible Plastic Packaging Market, by Application, 2021-2030 (Kilo Tons)
11.3.7 Thailand
11.3.7.1 Expanding Food and Beverage Sector to Develop Market
Table 85 Thailand: Flexible Plastic Packaging Market, by Packaging Type, 2021-2030 (USD Million)
Table 86 Thailand: Flexible Plastic Packaging Market, by Packaging Type, 2021-2030 (Kilo Tons)
Table 87 Thailand: Flexible Plastic Packaging Market, by Application, 2021-2030 (USD Million)
Table 88 Thailand: Flexible Plastic Packaging Market, by Application, 2021-2030 (Kilo Tons)
11.3.8 Philippines
11.3.8.1 Expansion of E-Commerce Sector and Favorable Government Initiatives to Drive Market
Table 89 Philippines: Flexible Plastic Packaging Market, by Packaging Type, 2021-2030 (USD Million)
Table 90 Philippines: Flexible Plastic Packaging Market, by Packaging Type, 2021-2030 (Kilo Tons)
Table 91 Philippines: Flexible Plastic Packaging Market, by Application, 2021-2030 (USD Million)
Table 92 Philippines: Flexible Plastic Packaging Market, by Application, 2021-2030 (Kilo Tons)
11.3.9 Vietnam
11.3.9.1 Rise of Middle-Class Population and Growth in Retail Sales of Food and Beverages
Table 93 Vietnam: Flexible Plastic Packaging Market, by Packaging Type, 2021-2030 (USD Million)
Table 94 Vietnam: Flexible Plastic Packaging Market, by Packaging Type, 2021-2030 (Kilo Tons)
Table 95 Vietnam: Flexible Plastic Packaging Market, by Application, 2021-2030 (USD Million)
Table 96 Vietnam: Flexible Plastic Packaging Market, by Application, 2021-2030 (Kilo Tons)
11.3.10 Malaysia
11.3.10.1 Government Initiatives Toward Sustainable Packaging Solutions to Boost Demand
Table 97 Malaysia: Flexible Plastic Packaging Market, by Packaging Type, 2021-2030 (USD Million)
Table 98 Malaysia: Flexible Plastic Packaging Market, by Packaging Type, 2021-2030 (Kilo Tons)
Table 99 Malaysia: Flexible Plastic Packaging Market, by Application, 2021-2030 (USD Million)
Table 100 Malaysia: Flexible Plastic Packaging Market, by Application, 2021-2030 (Kilo Tons)
11.3.11 Rest of Asia-Pacific
Table 101 Rest of Asia-Pacific: Flexible Plastic Packaging Market, by Packaging Type, 2021-2030 (USD Million)
Table 102 Rest of Asia-Pacific: Flexible Plastic Packaging Market, by Packaging Type, 2021-2030 (Kilo Tons)
Table 103 Rest of Asia-Pacific: Flexible Plastic Packaging Market, by Application, 2021-2030 (USD Million)
Table 104 Rest of Asia-Pacific: Flexible Plastic Packaging Market, by Application, 2021-2030 (Kilo Tons)
11.4 Europe
Table 105 Europe: Flexible Plastic Packaging Market, by Country, 2021-2030 (USD Million)
Table 106 Europe: Flexible Plastic Packaging Market, by Country, 2021-2030 (Kilo Tons)
Table 107 Europe: Flexible Plastic Packaging Market, by Packaging Type, 2017-2020 (USD Million)
Table 108 Europe: Flexible Plastic Packaging Market, by Packaging Type, 2021-2030 (USD Million)
Table 109 Europe: Flexible Plastic Packaging Market, by Packaging Type, 2017-2020 (Kilo Tons)
Table 110 Europe: Flexible Plastic Packaging Market, by Packaging Type, 2021-2030 (Kilo Tons)
Table 111 Europe: Flexible Plastic Packaging Market, by Application, 2017-2020 (USD Million)
Table 112 Europe: Flexible Plastic Packaging Market, by Application, 2021-2030 (USD Million)
Table 113 Europe: Flexible Plastic Packaging Market, by Application, 2017-2020 (Kilo Tons)
Table 114 Europe: Flexible Plastic Packaging Market, by Application, 2021-2030 (Kilo Tons)
11.4.1 Germany
11.4.1.1 Growing Manufacturing Activities to Boost Market
Table 115 Germany: Flexible Plastic Packaging Market, by Packaging Type, 2021-2030 (USD Million)
Table 116 Germany: Flexible Plastic Packaging Market, by Packaging Type, 2021-2030 (Kilo Tons)
Table 117 Germany: Flexible Plastic Packaging Market, by Application, 2021-2030 (USD Million)
Table 118 Germany: Flexible Plastic Packaging Market, by Application, 2021-2030 (Kilo Tons)
11.4.2 UK
11.4.2.1 Developing Healthcare Industry to Offer Lucrative Opportunities
Table 119 UK: Flexible Plastic Packaging Market, by Packaging Type, 2021-2030 (USD Million)
Table 120 UK: Flexible Plastic Packaging Market, by Packaging Type, 2021-2030 (Kilo Tons)
Table 121 UK: Flexible Plastic Packaging Market, by Application, 2021-2030 (USD Million)
Table 122 UK: Flexible Plastic Packaging Market, by Application, 2021-2030 (Kilo Tons)
11.4.3 France
11.4.3.1 Expanding Geriatric Population and Rising Health Concerns to Drive Market
Table 123 France: Flexible Plastic Packaging Market, by Packaging Type, 2021-2030 (USD Million)
Table 124 France: Flexible Plastic Packaging Market, by Packaging Type, 2021-2030 (Kilo Tons)
Table 125 France: Flexible Plastic Packaging Market, by Application, 2021-2030 (USD Million)
Table 126 France: Flexible Plastic Packaging Market, by Application, 2021-2030 (Kilo Tons)
11.4.4 Spain
11.4.4.1 Increasing Demand from Retail, Home & Personal Care, Pharmaceutical, and Food & Beverage Industries to Drive Market
Table 127 Spain: Flexible Plastic Packaging Market, by Packaging Type, 2021-2030 (USD Million)
Table 128 Spain: Flexible Plastic Packaging Market, by Packaging Type, 2021-2030 (Kilo Tons)
Table 129 Spain: Flexible Plastic Packaging Market, by Application, 2021-2030 (USD Million)
Table 130 Spain: Flexible Plastic Packaging Market, by Application, 2021-2030 (Kilo Tons)
11.4.5 Russia
11.4.5.1 Rising Awareness and Preference for Eco-Friendly Solutions to Benefit Market
Table 131 Russia: Flexible Plastic Packaging Market, by Packaging Type, 2021-2030 (USD Million)
Table 132 Russia: Flexible Plastic Packaging Market, by Packaging Type, 2021-2030 (Kilo Tons)
Table 133 Russia: Flexible Plastic Packaging Market, by Application, 2021-2030 (USD Million)
Table 134 Russia: Flexible Plastic Packaging Market, by Application, 2021-2030 (Kilo Tons)
11.4.6 Italy
11.4.6.1 Rising Demand from Retail, Food, and Healthcare Industries to Drive Market
Table 135 Italy: Flexible Plastic Packaging Market, by Packaging Type, 2021-2030 (USD Million)
Table 136 Italy: Flexible Plastic Packaging Market, by Packaging Type, 2021-2030 (Kilo Tons)
Table 137 Italy: Flexible Plastic Packaging Market, by Application, 2021-2030 (USD Million)
Table 138 Italy: Flexible Plastic Packaging Market, by Application, 2021-2030 (Kilo Tons)
11.4.7 Rest of Europe
Table 139 Rest of Europe: Flexible Plastic Packaging Market, by Packaging Type, 2021-2030 (USD Million)
Table 140 Rest of Europe: Flexible Plastic Packaging Market, by Packaging Type, 2021-2030 (Kilo Tons)
Table 141 Rest of Europe: Flexible Plastic Packaging Market, by Application, 2021-2030 (USD Million)
Table 142 Rest of Europe: Flexible Plastic Packaging Market, by Application, 2021-2030 (Kilo Tons)
11.5 Middle East & Africa
Table 143 Middle East & Africa: Flexible Plastic Packaging Market, by Country, 2021-2030 (USD Million)
Table 144 Middle East & Africa: Flexible Plastic Packaging Market, by Country, 2021-2030 (Kilo Tons)
Table 145 Middle East & Africa: Flexible Plastic Packaging Market, by Packaging Type, 2017-2020 (USD Million)
Table 146 Middle East & Africa: Flexible Plastic Packaging Market, by Packaging Type, 2021-2030 (USD Million)
Table 147 Middle East & Africa: Flexible Plastic Packaging Market, by Packaging Type, 2017-2020 (Kilo Tons)
Table 148 Middle East & Africa: Flexible Plastic Packaging Market, by Packaging Type, 2021-2030 (Kilo Tons)
Table 149 Middle East & Africa: Flexible Plastic Packaging Market, by Application, 2017-2020 (USD Million)
Table 150 Middle East & Africa: Flexible Plastic Packaging Market, by Application, 2021-2030 (USD Million)
Table 151 Middle East & Africa: Flexible Plastic Packaging Market, by Application, 2017-2020 (Kilo Tons)
Table 152 Middle East & Africa: Flexible Plastic Packaging Market, by Application, 2021-2030 (Kilo Tons)
11.5.1 Turkey
11.5.1.1 Increasing Per Capita Income and Changing Lifestyle to Boost Market
Table 153 Turkey: Flexible Plastic Packaging Market, by Packaging Type, 2021-2030 (USD Million)
Table 154 Turkey: Flexible Plastic Packaging Market, by Packaging Type, 2021-2030 (Kilo Tons)
Table 155 Turkey: Flexible Plastic Packaging Market, by Application, 2021-2030 (USD Million)
Table 156 Turkey: Flexible Plastic Packaging Market, by Application, 2021-2030 (Kilo Tons)
11.5.2 UAE
11.5.2.1 Major Application in Transporting Lubricants and Base Oils
Table 157 UAE: Flexible Plastic Packaging Market, by Packaging Type, 2021-2030 (USD Million)
Table 158 UAE: Flexible Plastic Packaging Market, by Packaging Type, 2021-2030 (Kilo Tons)
Table 159 UAE: Flexible Plastic Packaging Market, by Application, 2021-2030 (USD Million)
Table 160 UAE: Flexible Plastic Packaging Market, by Application, 2021-2030 (Kilo Tons)
11.5.3 Saudi Arabia
11.5.3.1 Robust Growth of Food Packaging Industry
Table 161 Saudi Arabia: Flexible Plastic Packaging Market, by Packaging Type, 2021-2030 (USD Million)
Table 162 Saudi Arabia: Flexible Plastic Packaging Market, by Packaging Type, 2021-2030 (Kilo Tons)
Table 163 Saudi Arabia: Flexible Plastic Packaging Market, by Application, 2021-2030 (USD Million)
Table 164 Saudi Arabia: Flexible Plastic Packaging Market, by Application, 2021-2030 (Kilo Tons)
11.5.4 South Africa
11.5.4.1 Growing Industrialization and Urbanization to Develop Market
Table 165 South Africa: Flexible Plastic Packaging Market, by Packaging Type, 2021-2030 (USD Million)
Table 166 South Africa: Flexible Plastic Packaging Market, by Packaging Type, 2021-2030 (Kilo Tons)
Table 167 South Africa: Flexible Plastic Packaging Market, by Application, 2021-2030 (USD Million)
Table 168 South Africa: Flexible Plastic Packaging Market, by Application, 2021-2030 (Kilo Tons)
11.5.5 Rest of Middle East & Africa
Table 169 Rest of Middle East & Africa: Flexible Plastic Packaging Market, by Packaging Type, 2021-2030 (USD Million)
Table 170 Rest of Middle East & Africa: Flexible Plastic Packaging Market, by Packaging Type, 2021-2030 (Kilo Tons)
Table 171 Rest of Middle East & Africa: Flexible Plastic Packaging Market, by Application, 2021-2030 (USD Million)
Table 172 Rest of Middle East & Africa: Flexible Plastic Packaging Market, by Application, 2021-2030 (Kilo Tons)
11.6 South America
Table 173 South America: Flexible Plastic Packaging Market, by Country, 2021-2030 (USD Million)
Table 174 South America: Flexible Plastic Packaging Market, by Country, 2021-2030 (Kilo Tons)
Table 175 South America: Flexible Plastic Packaging Market, by Packaging Type, 2017-2020 (USD Million)
Table 176 South America: Flexible Plastic Packaging Market, by Packaging Type, 2021-2030 (USD Million)
Table 177 South America: Flexible Plastic Packaging Market, by Packaging Type, 2017-2020 (Kilo Tons)
Table 178 South America: Flexible Plastic Packaging Market, by Packaging Type, 2021-2030 (Kilo Tons)
Table 179 South America: Flexible Plastic Packaging Market, by Application, 2017-2020 (USD Million)
Table 180 South America: Flexible Plastic Packaging Market, by Application, 2021-2030 (USD Million)
Table 181 South America: Flexible Plastic Packaging Market, by Application, 2017-2020 (Kilo Tons)
Table 182 South America: Flexible Plastic Packaging Market, by Application, 2021-2030 (Kilo Tons)
11.6.1 Brazil
11.6.1.1 Increasing Wine, Exotic Fruits, Seafood, Meat, and Oil Exports to Favor Market Growth
Table 183 Brazil: Flexible Plastic Packaging Market, by Packaging Type, 2021-2030 (USD Million)
Table 184 Brazil: Flexible Plastic Packaging Market, by Packaging Type, 2021-2030 (Kilo Tons)
Table 185 Brazil: Flexible Plastic Packaging Market, by Application, 2021-2030 (USD Million)
Table 186 Brazil: Flexible Plastic Packaging Market, by Application, 2021-2030 (Kilo Tons)
11.6.2 Argentina
11.6.2.1 Favorable Government Initiatives to Boost Beef Exports
Table 187 Argentina: Flexible Plastic Packaging Market, by Packaging Type, 2021-2030 (USD Million)
Table 188 Argentina: Flexible Plastic Packaging Market, by Packaging Type, 2021-2030 (Kilo Tons)
Table 189 Argentina: Flexible Plastic Packaging Market, by Application, 2021-2030 (USD Million)
Table 190 Argentina: Flexible Plastic Packaging Market, by Application, 2021-2030 (Kilo Tons)
11.6.3 Rest of South America
Table 191 Rest of South America: Flexible Plastic Packaging Market, by Packaging Type, 2021-2030 (USD Million)
Table 192 Rest of South America: Flexible Plastic Packaging Market, by Packaging Type, 2021-2030 (Kilo Tons)
Table 193 Rest of South America: Flexible Plastic Packaging Market, by Application, 2021-2030 (USD Million)
Table 194 Rest of South America: Flexible Plastic Packaging Market, by Application, 2021-2030 (Kilo Tons)

12 Competitive Landscape
12.1 Overview
Figure 42 Companies Adopted Product Launch as Key Growth Strategy Between 2018 and 2023
12.2 Market Share Analysis
Figure 43 Flexible Plastic Packaging Market: Market Share Analysis
12.3 Revenue Analysis of Top Market Players
Figure 44 Revenue Analysis of Key Companies in Flexible Plastic Packaging Market
12.4 Company Evaluation Quadrant
12.4.1 Stars
12.4.2 Emerging Leaders
12.4.3 Participants
12.4.4 Pervasive Players
Figure 45 Competitive Leadership Mapping: Flexible Plastic Packaging Market, 2021
12.5 SME Matrix, 2021
12.5.1 Progressive Companies
12.5.2 Responsive Companies
12.5.3 Dynamic Companies
12.5.4 Starting Blocks
Figure 46 SME Matrix: Flexible Plastic Packaging Market, 2021
12.6 Competitive Benchmarking
Table 195 Flexible Plastic Packaging Market: Detailed List of Players
Table 196 Flexible Plastic Packaging Market: Competitive Benchmarking of Key Players
12.7 Competitive Scenario and Trends
12.7.1 Deals
Table 197 Deals, 2018-2023
12.7.2 Product Launches
Table 198 Product Launches, 2018-2023

13 Company Profiles
13.1 Key Players
(Business Overview, Products/Solutions/Services Offered, Recent Developments, Analyst's View, Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats)*
13.1.1 Amcor PLC
Table 199 Amcor PLC: Company Overview
Figure 47 Amcor PLC: Company Snapshot
Table 200 Amcor PLC: Deals
Table 201 Amcor PLC: Product Launches
Table 202 Amcor PLC: Others
13.1.2 Berry Global Group, Inc.
Table 203 Berry Global Group, Inc.: Company Overview
Figure 48 Berry Global Group, Inc.: Company Snapshot
Table 204 Berry Global Group, Inc.: Deals
Table 205 Berry Global Group, Inc.: Product Launches
Table 206 Berry Global Group, Inc.: Others
13.1.3 Sonoco Products Company
Table 207 Sonoco Products Company: Company Overview
Figure 49 Sonoco Products Company: Company Snapshot
Table 208 Sonoco Products Company: Deals
Table 209 Sonoco Products Company: Product Launches
Table 210 Sonoco Products Company: Others
13.1.4 Constantia Flexibles
Table 211 Constantia Flexibles: Company Overview
Figure 50 Constantia Flexibles: Company Snapshot
Table 212 Constantia Flexibles: Deals
Table 213 Constantia Flexibles: Product Launches
Table 214 Constantia Flexibles: Others
13.1.5 Huhtamaki Oyj
Table 215 Huhtamaki Oyj: Company Overview
Figure 51 Huhtamaki Oyj: Company Snapshot
Table 216 Huhtamaki Oyj: Deals
Table 217 Huhtamaki Oyj: Product Launches
Table 218 Huhtamaki Oyj: Others
13.1.6 Mondi Group
Table 219 Mondi Group: Company Overview
Figure 52 Mondi Group: Company Snapshot
Table 220 Mondi Group: Deals
Table 221 Mondi Group: Product Launches
Table 222 Mondi Group: Others
13.1.7 Sealed Air Corporation
Table 223 Sealed Air Corporation: Company Overview
Figure 53 Sealed Air Corporation: Company Snapshot
Table 224 Sealed Air Corporation: Deals
Table 225 Sealed Air Corporation: Product Launches
Table 226 Sealed Air Corporation: Others
13.1.8 Transcontinental Inc.
Table 227 Transcontinental Inc.: Company Overview
Figure 54 Transcontinental Inc.: Company Snapshot
Table 228 Transcontinental Inc.: Deals
Table 229 Transcontinental Inc.: Product Launches
Table 230 Transcontinental Inc.: Others
13.1.9 CCL Industries Inc.
Table 231 CCL Industries Inc.: Company Overview
Figure 55 CCL Industries Inc.: Company Snapshot
Table 232 CCL Industries Inc.: Deals
Table 233 CCL Industries Inc.: Others
13.1.10 Coveris Holdings SA
Table 234 Coveris Holdings SA: Company Overview
Table 235 Coveris Holdings SA: Deals
Table 236 Coveris Holdings SA: Others
Table 237 Coveris Holdings SA: Product Launches
13.1.11 Bischof + Klein SE & Co KG
Table 238 Bischof + Klein SE & Co KG: Company Overview
Table 239 Bischof + Klein SE & Co KG: Product Launches
Table 240 Bischof + Klein SE & Co KG: Others
13.2 Other Players
13.2.1 Proampac
Table 241 Proampac
13.2.2 Uflex Limited
Table 242 Uflex Limited
13.2.3 Novolex-Carlyle Group
Table 243 Novolex-Carlyle Group
13.2.4 Aluflexpack AG
Table 244 Aluflexpack AG
13.2.5 PPC Flexible Packaging LLC
Table 245 PPC Flexible Packaging LLC
13.2.6 Printpack, Inc.
Table 246 Printpack, Inc.
13.2.7 Wihuri Group
Table 247 Wihuri Group
13.2.8 C-P Flexible Packaging
Table 248 C-P Flexible Packaging
13.2.9 Guala Pack S.p.A.
Table 249 Guala Pack S.p.A.
13.2.10 Cosmo Films Limited
Table 250 Cosmo Films Limited
13.2.11 Clondalkin Group Holdings B.V.
Table 251 Clondalkin Group Holdings B.V.
13.2.12 Swiss Pac Pvt. Ltd.
Table 252 Swiss Pac Pvt. Ltd.
13.2.13 Glenroy, Inc.
Table 253 Glenroy, Inc.
13.2.14 American Packaging Corporation
Table 254 American Packaging Corporation
13.2.15 Sigma Plastic Group
Table 255 Sigma Plastics Group
*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, Analyst's View, Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats Might Not be Captured in Case of Unlisted Companies

14 Adjacent & Related Market
14.1 Introduction
14.2 Limitations
14.3 Rigid Plastic Packaging Market
14.3.1 Market Definition
14.3.2 Market Overview
14.3.3 Rigid Plastic Packaging Market, by Raw Material
Table 256 Rigid Plastic Packaging Market, by Raw Material, 2020-2027 (USD Billion)
Table 257 Rigid Plastic Packaging Market, by Raw Material, 2020-2027 (Million Metric Tons)
14.3.4 Rigid Plastic Packaging Market, by Type
Table 258 Rigid Plastic Packaging Market, by Type, 2020-2027 (USD Billion)
Table 259 Rigid Plastic Packaging Market, by Type, 2020-2027 (Million Metric Ton)
14.3.5 Rigid Plastic Packaging Market, by End-use Industry
Table 260 Rigid Plastic Packaging Market, by Application, 2020-2027 (USD Billion)
Table 261 Rigid Plastic Packaging Market, by Application, 2020-2027 (Million Metric Ton)
14.3.6 Rigid Plastic Packaging Market, by Region
Table 262 Rigid Plastic Packaging Market, by Region, 2020-2027 (USD Billion)
Table 263 Rigid Plastic Packaging Market, by Region, 2020-2027 (Million Metric Ton)

15 Appendix
15.1 Discussion Guide
15.2 Knowledge Store: The Subscription Portal

Executive Summary

Companies Mentioned

  • Aluflexpack AG
  • Amcor PLC
  • American Packaging Corporation
  • Berry Global Group, Inc.
  • Bischof + Klein SE & Co KG
  • C-P Flexible Packaging
  • CCL Industries Inc.
  • Clondalkin Group Holdings B.V.
  • Constantia Flexibles
  • Cosmo Films Limited
  • Coveris Holdings SA
  • Glenroy, Inc.
  • Guala Pack S.p.A.
  • Huhtamaki Oyj
  • Mondi Group
  • Novolex-Carlyle Group
  • PPC Flexible Packaging LLC
  • Printpack, Inc.
  • Proampac
  • Sealed Air Corporation
  • Sigma Plastic Group
  • Sonoco Products Company
  • Swiss Pac Pvt. Ltd.
  • Transcontinental Inc.
  • Uflex Limited
  • Wihuri Group

Methodology

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Table Information

Report AttributeDetails
No. of Pages290
PublishedApril 2023
Forecast Period2022 - 2030
Estimated Market Value ( USD ) in 2022 $ 182.4 Billion
Forecasted Market Value ( USD ) by 2030 $ 264.9 Billion
Compound Annual Growth Rate4.8%
Regions CoveredGlobal
No. of Companies Mentioned26

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About the Flexible Packaging Market

Flexible packaging is a type of plastic packaging that is designed to be flexible and adaptable to a variety of shapes and sizes. It is often used to package food, beverages, and other consumer goods. Flexible packaging is typically made from plastic films, such as polyethylene, polypropylene, and polyester, and can be printed with a variety of colors and designs. It is lightweight, cost-effective, and can be easily sealed to protect the contents. Flexible packaging is becoming increasingly popular due to its convenience and environmental benefits. It is recyclable and can be reused, reducing the amount of waste generated. Additionally, it is often more lightweight than other types of packaging, which reduces the amount of energy required to transport it. Some companies in the flexible packaging market include Amcor, Bemis, Sealed Air, and Sonoco. Show Less Read more

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