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Top Factor Driving Flexible Plastic Packaging Market Growth in 2025: Rising Pharmaceutical Industry Growth Fuels Demand For Flexible Plastic Packaging Market
Flexible Plastic Packaging Market
The growth of the flexible plastic packaging market is projected to be driven by the expanding pharmaceutical sector. This industry, which centers on the development, production, and distribution of drugs and medications for disease prevention, diagnosis, treatment, and cure, is experiencing rising demand. This can be linked to factors such as an aging population, the growing incidence of chronic diseases, advances in medical technology, improved healthcare accessibility, and heightened health and wellness consciousness. Flexible plastic packaging, with its wide usage for packing items like blister packs, pouches, and sterile bags in the pharmaceutical industry, offers added benefits of protection, increased shelf life, and convenience. As a case in point, the Government of Canada, a Canada-based federal administration, stated in August 2024 that domestic exports in the pharmaceutical trade surged to 12.79 in 2022, with imports climbing to 30.21 in the same year. As such, the escalating pharmaceutical industry is influencing the growth of the disintegration tester market.
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How will the growth rate of the flexible plastic packaging market shape industry trends by 2034?
The market size of flexible plastic packaging has seen substantial growth in the past few years. It is projected to increase from $173.29 billion in 2024 to $182.07 billion in 2025, with a compound annual growth rate (CAGR) of 5.1%. The historical growth trend can be traced back to factors such as consumer convenience, focus on sustainability, growth in the food and beverage industry, shelf appeal and branding, and advancements in transportation and logistics.
Anticipated robust growth is on the cards for the flexible plastic packaging market in the coming years with a potential rise to $238.1 billion in 2029, bolstered by a compound annual growth rate (CAGR) of 6.9%. Factors contributing to this expansion during the forecast period include the rise of e-commerce and home delivery, the convenience aspect, customization and personalization, decrease in food wastage, and growth in emerging markets. There are also significant trends to watch out for, such as an increased focus on hygiene and health, advancement in barrier materials, replacement options for single-use plastics, progress in digital printing and labeling, and technological innovations.
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What trends are poised to drive the future success of the flexible plastic packaging market?
Introducing creative packaging to draw in additional consumers and increase their customer reach is a considerable trend in the flexible plastic packaging industry. Those enterprises working within the flexible packaging domain are centering their efforts on crafting modern and ecologically-friendly packaging solutions for end-users. To illustrate, in April 2024, Amcor - a leading packaging service provider from England, started offering packaging for its Eco Protect diapers comprising 30% recycled materials. These bags consist of post-consumer recycled material, thus furnishing a more eco-friendly packaging alternative for the hypoallergenic diapers, engineered with certified plant-derived fibers.
Which primary segments of the flexible plastic packaging market are driving growth and industry transformations?
The flexible plastic packaging market covered in this report is segmented -
1) By Type: Stand-Up Pouches, Flat Pouches, Rollstock, Gusseted Bags, Wicketed Bags, Wraps, Other Types
2) By Technology: Flexography, Rotogravure, Digital Printing, Other Technologies
3) By Application: Food, Beverage, Pharma And Health Care, Personal Care And Cosmetics, Other Applications
Subsegments:
1) By Stand-Up Pouches: Zippered Stand-Up Pouches, Spout Stand-Up Pouches
2) By Flat Pouches: Heat-Sealed Flat Pouches, Ziplock Flat Pouches
3) By Rollstock: Printed Rollstock, Non-Printed Rollstock
4) By Gusseted Bags: Bottom Gusseted Bags, Side Gusseted Bags
5) By Wicketed Bags: Wicketed Polyethylene Bags, Wicketed Paper Bags
6) By Wraps: Stretch Wraps, Shrink Wraps
7) By Other Types: Vacuum Bags, Bubble Mailers
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Which geographical regions are pioneering growth in the flexible plastic packaging market?
Asia-Pacific was the largest region in the flexible plastic packaging market in 2024. The regions covered in the flexible plastic packaging market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Who are the influential players reshaping the flexible plastic packaging market landscape?
Major companies operating in the flexible plastic packaging market include Constantia Flexibles International GmbH, Amcor Ltd., Berry Global Inc., Clondalkin Group Holdings BV, ProAmpac Holdings Inc., Coveris Flexibles UK Ltd., Bemis Company Inc., Bischof + Klein SE & Co KG, Aluflexpack AG, Cosmo Films Ltd., C-P Flexible Packaging, Novolex Holdings LLC, Swisspac USA, Ultimate Packaging Pty Ltd., Mondi Group plc, Sonoco Products Company, Sealed Air Corporation, TC Transcontinental Inc., Huhtamaki Oyj, WestRock Company, DS Smith plc, Silgan Holdings Inc., Uflex Ltd., Winpak Ltd., Glenroy Inc., Printpack Inc., Schur Flexibles Group, Huhtamaki PPL Ltd., Novolex Holdings Inc., InterFlex Group Europe Ltd., American Packaging Corporation
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What Is Covered In The Flexible Plastic Packaging Global Market Report?
•Market Size Forecast: Examine the flexible plastic packaging market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the flexible plastic packaging market for a structured understanding.
•Key Players Overview: Analyze major players in the flexible plastic packaging market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the flexible plastic packaging market.
•Segment Contributions: Evaluate how different segments drive overall growth in the flexible plastic packaging market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the flexible plastic packaging market.
•Industry Challenges: Identify potential risks and obstacles affecting the flexible plastic packaging market.
•Competitive Landscape: Review strategic developments in the flexible plastic packaging market, including expansions, agreements, and new product launches.
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