Flexible Packaging Market expected to witness a significant growth rate of 7.12% by 2029.

According to the latest research report published by Market Data Forecast, the global flexible packaging market value is anticipated to grow at 7.12% CAGR from 2024 to 2029 and it is estimated that the market is expected to be valued at USD 56.39 billion in 2023 and is expected to reach USD 85.19 billion by 2029.

Flexible packaging is one of the rapidly expanding sections of the packaging industry because it integrates the best aspects of film, plastic, aluminium foil and paper to give extensive protective attributes and utilise the least material at the same time. It enhances the marketability, sustainability and value of food as well as other goods.

Global Flexible Packaging Market Report Scope:

• Market Size (2029): USD 85.19 Billion
• Market Size (2024): USD 56.39 Billion
• CAGR (2024 to 2029): 7.12%
• Base Year: 2023
• Forecast Period: 2024 to 2029
• Segments Analysed: Type, Material, Printing Technology, Application, and Region
• Geographies Covered: North America, Europe, APAC, Latin America, and Middle East & Africa
• Key Market Players Profiled: Amcor Limited, Bemis Company Inc., Constantia Flexibles Group GmbH, Sealed Air Corporation, Huhtamäki Oyj, Coveris Holdings S.A, Sonoco Products Company, Berry Plastics Group Inc., Mondi Group, Reynolds Group Holdings, and Others.

Market Drivers:

The demand for flexible packaging products is driven by the growing application in the pharmaceutical and medical industries. Also, the rising need in the US for packing food and beverage and healthcare goods will contribute to significant development of the market in the coming years.
The continuous expansion of the food & beverage, personal care, and medical industries is propelling the flexible packaging market. Further, demographic and lifestyle variables also fuel the market for cosmetics. This led the rigid metallic packaging companies to switch to flexible metal packaging due to the wide applications. This change is caused by lower energy use and a substantial decrease in garbage output.
Additionally, the use of pouch packaging and flexible packaging against rigid packaging is increasing because of the introduction of modern retort containers with features like zips and spouts. It enhances protection from the outside environment. Therefore, this packaging is becoming increasingly common for products that were previously wrapped in rigid materials.

Market Restraints:

One of the main factors preventing the flexible packaging market growth is the problem of recycling. It is difficult to process post-consumer material's several layers. Furthermore, it is challenging to recycle polymer-metal and plastic paper packing, which damages the environment. This will likely hamper the expansion of the flexible packaging market. The market expansion will continue to be restricted by fluctuating raw material prices, which are utilised in the production of flexible packaging. The cost of basic supplies and production overall is directly impacted by unstable crude oil prices, and are caused by several economic reasons. The production of flexible packaging requires plastic as a vital component.
Another major problem limiting the development of flexible packaging is environmental concerns. Its consumption is dropped because of government's ban on the usage of single use plastics.
For example, India banned the single-use plastics in July 2022. This constrained the use of earbuds with polymer sticks, balloons with plastic sticks, flags, candy sticks, ice cream sticks, polystyrene decorations and packaging trash.

Browse full details of the report @ https://www.marketdataforecast.com/market-reports/flexible-packaging-market

Key Insights from The Report:

• Based on type, the stand-up pouches segment led the market and accounted for the largest share of the global market in 2023.
• Based on material, the bioplastics segment captured the highest share of the global market in 2023.
• Based on printing technology, the digital printing segment dominated the market in 2023.
• Based on application, the food and beverage segment occupied the majority of the global market share in 2023.
• Asia-Pacific dominated the flexible packaging market in 2023. Europe accounted for the second-highest share of the global market in 2023 and on the other hand, the North America region is estimated to grow at the fastest CAGR during the forecast period.

SEGMENTATION INCLUDED IN THIS REPORT:

By Type:
• Stand-Up Pouches
• Flat Pouches
• Gusseted Bags
• Wicketed Bags
• Wraps
• Rollstock

By Material:
• Plastic Films
• Paper
• Aluminum Foil
• Bioplastics

By Printing Technology:
• Flexography
• Rotogravure
• Digital Printing
• Other Printing Technologies

By Application:
• Promote
• Food and Beverages
• Healthcare
• Cosmetics & Toiletries
• Other Applications

By Region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Browse Regional Reports:
Europe Flexible Packaging Market Research Report - Segmented By Material, Product Type, Printing Technology, Application & Country (UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic & Rest of Europe) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2024 to 2029) - https://www.marketdataforecast.com/market-reports/europe-flexible-packaging-market
Asia Pacific Flexible Packaging Market By Type, Material, Application, Printing Technology & Region | Industry Analysis on Size, Share, Trends, Growth & Forecast Report | 2024 to 2029 - https://www.marketdataforecast.com/market-reports/apac-flexible-packaging-market
North America Flexible Packaging Market Research Report - Segmented By Type, Material, Printing Technology, Application and Country (The U.S., Canada and Rest of North America) - Analysis on Market Size, Share, Trends, COVID-19 Impact & Growth Forecast From 2024 to 2029. - https://www.marketdataforecast.com/market-reports/na-flexible-packaging-market
Latin America Flexible Packaging Market Research Report - Segmentation By Type (Stand-up pouches, Flat pouches, Gusseted bags, Wicketed bags, Wraps, Rollstock), By material (Plastic films, Paper, aluminium coil, bioplastics), By printing technology (flexography, rotogravure, digital printing), By application (promote, food & beverages, healthcare, cosmetic & toiletries), By country analysis (Brazil, Chile) - Industry Forecast 2024 to 2029. - https://www.marketdataforecast.com/market-reports/la-flexible-packaging-market
Middle East And Africa Flexible Packaging Market Research Report - Segmentation By Type, Material, Application, Technology & Region | Industry Analysis on Size, Share, Growth, Trends & Forecast Report | 2024 to 2029 - https://www.marketdataforecast.com/market-reports/mea-flexible-packaging-market

TABLE OF CONTENTS:

Chapter 1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions

Chapter 2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline

Chapter 3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology

Chapter 4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market

Chapter 5. Market Segmentation
5.1 Material
5.1.1 Introduction
5.1.2 Plastic Films
5.1.2.1 Polypropylene
5.1.2.1.1 Biaxially Oriented Poly Propylene (BOPP)
5.1.2.1.2 Cast Propylene
5.1.2.2 Polyethylene
5.1.2.2.1 High-Density Polyethylene (HDPE)
5.1.2.2.2 Low-Density Polyethylene (LDPE)
5.1.2.3 Poly Vinyl Chloride (PVC)
5.1.2.4 Biaxially Oriented Polyethylene Terephthalate (BOPET)
5.1.2.5 Ethylene Vinyl Alcohol (EVOH)
5.1.2.6 Polyamide
5.1.2.7 Polystyrene
5.1.3 Paper
5.1.4 Aluminum Foil
5.1.5 Bioplastics
5.1.6 Y-o-Y Growth Analysis, By Material
5.1.7 Market Attractiveness Analysis, By Material
5.1.8 Market Share Analysis, By Material
5.2 Type
5.2.1 Introduction
5.2.2 Stand-Up Pouches
5.2.2.1 Standard Stand-Up Pouches
5.2.2.2 Retort Stand-Up Pouches
5.2.3 Flat Pouches
5.2.3.1 Standard Flat Pouches
5.2.3.2 Retort Flat Pouches
5.2.4 Gusseted Bags
5.2.5 Wicketed Bags
5.2.6 Wraps
5.2.7 Rollstock
5.2.8 Y-o-Y Growth Analysis, By Type
5.2.9 Market Attractiveness Analysis, By Type
5.2.10 Market Share Analysis, By Type
5.3 Application
5.3.1 Introduction
5.3.2 Food and Beverages
5.3.3 Healthcare
5.3.4 Cosmetics & Toiletries
5.3.5 Other Applications
5.3.6 Y-o-Y Growth Analysis, By Application
5.3.7 Market Attractiveness Analysis, By Application
5.3.8 Market Share Analysis, By Application
5.4 Printing Technology
5.4.1 Introduction
5.4.2 Flexography
5.4.3 Rotogravure
5.4.4 Digital Printing
5.4.5 Other Printing Technologies
5.4.6 Y-o-Y Growth Analysis, By Printing Technology
5.4.7 Market Attractiveness Analysis, By Printing Technology
5.4.8 Market Share Analysis, By Printing Technology

Chapter 6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Material
6.1.3.3 By Type
6.1.3.4 By Application
6.1.3.5 By Printing Technology
6.1.4Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Material
6.1.4.3 By Type
6.1.4.4 By Application
6.1.4.5 By Printing Technology
6.1.5Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Material
6.1.5.3 By Type
6.1.5.4 By Application
6.1.5.5 By Printing Technology
6.2 North America
6.1.1 Introduction
6.1.2 United States
6.1.3 Canada
6.3 Europe
6.2.1 Introduction
6.2.2 U.K
6.2.3 Spain
6.2.4 Germany
6.2.5 Italy
6.2.6 France
6.4 Asia-Pacific
6.3.1 Introduction
6.3.2 China
6.3.3 India
6.3.4 Japan
6.3.5 Australia
6.3.6 South Korea
6.5 Latin America
6.4.1 Introduction
6.4.2 Brazil
6.4.3 Argentina
6.4.4 Mexico
6.4.5 Rest of Latin America
6.6 Middle East & Africa
6.5.1 Introduction
6.5.2 Middle-East
6.5.3 Africa

Chapter 7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter's Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry

Chapter 8. Market Leaders' Analysis
8.1 Amcor Limited
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Bemis Company Inc.
8.3 Constantia Flexibles Group GmbH
8.4 Sealed Air Corporation
8.5 Huhtamäki Oyj
8.6 Coveris Holdings S.A.
8.7 Sonoco Products Company
8.8 Berry Plastics Group Inc.
8.9 Mondi Group
8.10 Reynolds Group Holdings.

Chapter 9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations, and Joint Ventures
9.4 New Product Launches

Chapter 10. Market Outlook and Investment Opportunities

Chapter 11. Appendix
a) List of Tables
b) List of Figures

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