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Global Flexible Packaging Market by Product (Bags, Pouches & Tubes, Wraps & Films), Material (Aluminium Foils, Flexible Foam, Paper), End-User - Forecast 2023-2030

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    Report

  • 184 Pages
  • March 2024
  • Region: Global
  • 360iResearch™
  • ID: 4904483
UP TO OFF until Dec 31st 2024
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The Flexible Packaging Market size was estimated at USD 167.98 billion in 2022, USD 176.81 billion in 2023, and is expected to grow at a CAGR of 5.21% to reach USD 252.18 billion by 2030.

Flexible packaging refers to a packaging type that is made of easily pliable materials, such as plastic, paper, and foil. These materials can be altered in shape or size without breaking or cracking, providing numerous benefits over rigid packaging counterparts. Innovative barrier technologies used in flexible packaging can enhance product protection against external factors, such as moisture, oxygen, UV light, and contaminants. The flexible packaging market is primarily driven by the increasing demand for enhanced protection and handling convenience in various industries, coupled with continuous product innovation in packaging materials and design. Flexible packaging offers numerous features that enhance consumer convenience, such as easy-open systems, resealability or reliability options, microwave compatibility, and stand-up pouches with spouts for pouring liquids. These value-added features contribute to a positive user experience and may encourage consumer loyalty. However, rising raw material costs and concerns surrounding recyclability issues of flexible packaging materials present a major challenge to this industry's growth. Manufacturers are working on adopting economies of scale operational structure, along with introducing material recycling activities to address these limitations. The development of eco-friendly packaging solutions and the significant adoption of labeled and digitally printed flexible packaging from the burgeoning e-commerce sector have been major factors enabling the expansion of the market. Improvements in printing techniques have enabled high-quality graphics on these packages, making them an attractive option for marketers looking to enhance their brand visibility.

Regional Insights

The Americas flexible packaging market spans various regions, with significant concentration in the Midwest, Northeast, and South due to their thriving food and consumer products industries. Key states include Illinois, Ohio, Pennsylvania, Texas, and California, where major manufacturing facilities are located. Additionally, sustainability initiatives have paved the way for eco-friendly alternatives, such as biodegradable and recyclable films. Major players continue investing in research and development to improve product performance while minimizing environmental impact. Furthermore, countries such as China, India, Japan, and Indonesia have witnessed a rapid increase in urbanization and a middle-class population with higher disposable incomes, leading to greater consumption of packaged food products, consequently driving the growth of the flexible packaging industry. Sustainability trends are shaping the future of flexible packaging in this region. With a continued focus on innovation and sustainability, the Asia-Pacific's flexible packaging landscape promises significant opportunities for established players and emerging startups. Moreover, across the EMEA region, key trends shaping the flexible packaging sector include lightweight materials, innovations contributing to reduced carbon footprint, multi-layered films for extended shelf life, and recyclable packaging solutions addressing environmental concerns.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Flexible Packaging Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Flexible Packaging Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Flexible Packaging Market, highlighting leading vendors and their innovative profiles. These include ACTEGA GmbH, Aluflexpack AG, Amcor PLC, BBC CELLPACK Packaging Illfurth SAS, Berry Global Group, Inc., C-P Flexible Packaging, Inc., Clondalkin Group, Constantia Flexibles International GmbH, Coveris Management GmbH, Exxon Mobil Corporation, Goglio S.p.A., Graphic Packaging Holding Company, Hood Packaging Corporation, Huhtamäki Oyj, Microplast – Coldeplast, Mondi PLC, Pactiv Evergreen Inc., PPC Flexible Packaging LLC, ProAmpac Intermediate, Inc., Schur Flexibles Holding GesmbH, Sealed Air Corporation, Sonoco Products Company, Südpack Holding GmbH, The Dow Chemical Company, UFlex Limited, WestRock Company, and Wipak Group.

Market Segmentation & Coverage

This research report categorizes the Flexible Packaging Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Product
    • Bags
    • Pouches & Tubes
    • Wraps & Films
  • Material
    • Aluminium Foils
    • Flexible Foam
    • Paper
    • Plastic
  • End-User
    • Agriculture
    • Electronics & Consumer Goods
    • Food & Beverage
    • Industrial
    • Personal Care & Household Care
    • Pharmaceutical & Medical
  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

The report offers valuable insights on the following aspects

  1. Market Penetration: It presents comprehensive information on the market provided by key players.
  2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
  3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
  4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
  5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as

  1. What is the market size and forecast of the Flexible Packaging Market?
  2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Flexible Packaging Market?
  3. What are the technology trends and regulatory frameworks in the Flexible Packaging Market?
  4. What is the market share of the leading vendors in the Flexible Packaging Market?
  5. Which modes and strategic moves are suitable for entering the Flexible Packaging Market?

Please note: For this report, the purchase of an Enterprise license allows up to ten worldwide users of an organization access to the report

Please note: This report can be updated on request. Please contact our Customer Experience team using the Ask a Question widget on our website.

With the purchase of this report at the Multi-user License or greater level, you will have access to one hour with an expert analyst who will help you link key findings in the report to the business issues you're addressing. This will need to be used within three months of purchase.

This report also includes a complimentary Excel file with data from the report for purchasers at the Site License or greater level.

Table of Contents

1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Flexible Packaging Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Growing Demand for Packaging Solutions Across Industries for Enhanced Protection and Handling Convenience
5.1.1.2. Continuous Product Innovation in Terms of Packaging Material and Design
5.1.2. Restraints
5.1.2.1. Rising Raw Material Costs Associated with the Flexible Packaging
5.1.3. Opportunities
5.1.3.1. Growing Development of the Environment-Friendly Flexible Packaging Solutions
5.1.3.2. Significant Adoption of Labeled and Digitally Printed Flexible Packaging from Growing E-Commerce Sector
5.1.4. Challenges
5.1.4.1. Concerns Related to the Recyclability Issues of the Flexible Packaging Materials
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of COVID-19
5.5. Cumulative Impact of Russia-Ukraine Conflict
5.6. Cumulative Impact of High Inflation
5.7. Porter’s Five Forces Analysis
5.7.1. Threat of New Entrants
5.7.2. Threat of Substitutes
5.7.3. Bargaining Power of Customers
5.7.4. Bargaining Power of Suppliers
5.7.5. Industry Rivalry
5.8. Value Chain & Critical Path Analysis
5.9. Regulatory Framework
5.10. Client Customization
6. Flexible Packaging Market, by Product
6.1. Introduction
6.2. Bags
6.3. Pouches & Tubes
6.4. Wraps & Films
7. Flexible Packaging Market, by Material
7.1. Introduction
7.2. Aluminium Foils
7.3. Flexible Foam
7.4. Paper
7.5. Plastic
8. Flexible Packaging Market, by End-User
8.1. Introduction
8.2. Agriculture
8.3. Electronics & Consumer Goods
8.4. Food & Beverage
8.5. Industrial
8.6. Personal Care & Household Care
8.7. Pharmaceutical & Medical
9. Americas Flexible Packaging Market
9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States
10. Asia-Pacific Flexible Packaging Market
10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam
11. Europe, Middle East & Africa Flexible Packaging Market
11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom
12. Competitive Landscape
12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
12.3.1. Merger & Acquisition
12.3.1.1. CCL Grows Flexible Packaging Capabilities With Acquisition
12.3.2. Agreement, Collaboration, & Partnership
12.3.2.1. Constantia Flexibles and SB Packagings Create New Joint Venture
12.3.3. Investment & Funding
12.3.3.1. Hexxa Flexible Packaging Boosts Capabilities With Investments in New Machinery
13. Competitive Portfolio
13.1. Key Company Profiles
13.1.1. ACTEGA GmbH
13.1.2. Aluflexpack AG
13.1.3. Amcor PLC
13.1.4. BBC CELLPACK Packaging Illfurth SAS
13.1.5. Berry Global Group, Inc.
13.1.6. C-P Flexible Packaging, Inc.
13.1.7. Clondalkin Group
13.1.8. Constantia Flexibles International GmbH
13.1.9. Coveris Management GmbH
13.1.10. Exxon Mobil Corporation
13.1.11. Goglio S.p.A.
13.1.12. Graphic Packaging Holding Company
13.1.13. Hood Packaging Corporation
13.1.14. Huhtamäki Oyj
13.1.15. Microplast - Coldeplast
13.1.16. Mondi PLC
13.1.17. Pactiv Evergreen Inc.
13.1.18. PPC Flexible Packaging LLC
13.1.19. ProAmpac Intermediate, Inc.
13.1.20. Schur Flexibles Holding GesmbH
13.1.21. Sealed Air Corporation
13.1.22. Sonoco Products Company
13.1.23. Südpack Holding GmbH
13.1.24. The Dow Chemical Company
13.1.25. UFlex Limited
13.1.26. WestRock Company
13.1.27. Wipak Group
13.2. Key Product Portfolio
14. Appendix
14.1. Discussion Guide
14.2. License & Pricing
List of Figures
FIGURE 1. FLEXIBLE PACKAGING MARKET RESEARCH PROCESS
FIGURE 2. FLEXIBLE PACKAGING MARKET SIZE, 2022 VS 2030
FIGURE 3. FLEXIBLE PACKAGING MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. FLEXIBLE PACKAGING MARKET SIZE, BY REGION, 2022 VS 2030 (%)
FIGURE 5. FLEXIBLE PACKAGING MARKET SIZE, BY REGION, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 6. FLEXIBLE PACKAGING MARKET DYNAMICS
FIGURE 7. FLEXIBLE PACKAGING MARKET SIZE, BY PRODUCT, 2022 VS 2030 (%)
FIGURE 8. FLEXIBLE PACKAGING MARKET SIZE, BY PRODUCT, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 9. FLEXIBLE PACKAGING MARKET SIZE, BY MATERIAL, 2022 VS 2030 (%)
FIGURE 10. FLEXIBLE PACKAGING MARKET SIZE, BY MATERIAL, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 11. FLEXIBLE PACKAGING MARKET SIZE, BY END-USER, 2022 VS 2030 (%)
FIGURE 12. FLEXIBLE PACKAGING MARKET SIZE, BY END-USER, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 13. AMERICAS FLEXIBLE PACKAGING MARKET SIZE, BY COUNTRY, 2022 VS 2030 (%)
FIGURE 14. AMERICAS FLEXIBLE PACKAGING MARKET SIZE, BY COUNTRY, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 15. UNITED STATES FLEXIBLE PACKAGING MARKET SIZE, BY STATE, 2022 VS 2030 (%)
FIGURE 16. UNITED STATES FLEXIBLE PACKAGING MARKET SIZE, BY STATE, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 17. ASIA-PACIFIC FLEXIBLE PACKAGING MARKET SIZE, BY COUNTRY, 2022 VS 2030 (%)
FIGURE 18. ASIA-PACIFIC FLEXIBLE PACKAGING MARKET SIZE, BY COUNTRY, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 19. EUROPE, MIDDLE EAST & AFRICA FLEXIBLE PACKAGING MARKET SIZE, BY COUNTRY, 2022 VS 2030 (%)
FIGURE 20. EUROPE, MIDDLE EAST & AFRICA FLEXIBLE PACKAGING MARKET SIZE, BY COUNTRY, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 21. FLEXIBLE PACKAGING MARKET, FPNV POSITIONING MATRIX, 2022
FIGURE 22. FLEXIBLE PACKAGING MARKET SHARE, BY KEY PLAYER, 2022

Companies Mentioned

  • ACTEGA GmbH
  • Aluflexpack AG
  • Amcor PLC
  • BBC CELLPACK Packaging Illfurth SAS
  • Berry Global Group, Inc.
  • C-P Flexible Packaging, Inc.
  • Clondalkin Group
  • Constantia Flexibles International GmbH
  • Coveris Management GmbH
  • Exxon Mobil Corporation
  • Goglio S.p.A.
  • Graphic Packaging Holding Company
  • Hood Packaging Corporation
  • Huhtamäki Oyj
  • Microplast – Coldeplast
  • Mondi PLC
  • Pactiv Evergreen Inc.
  • PPC Flexible Packaging LLC
  • ProAmpac Intermediate, Inc.
  • Schur Flexibles Holding GesmbH
  • Sealed Air Corporation
  • Sonoco Products Company
  • Südpack Holding GmbH
  • The Dow Chemical Company
  • UFlex Limited
  • WestRock Company
  • Wipak Group

Methodology

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Table Information