United States Flexible Packaging Market 2025 | Growth Drivers, Trends & Market Forecast, Competitive Landscape & Investment Opportunities

Market Size and Growth

The Global Flexible Packaging Market reached USD 231 billion in 2022 and is projected to witness lucrative growth by reaching up to USD 301 billion by 2031. The market is growing at a CAGR of 4.1% during the forecast period 2024-2031.

Key Development:

United States: Recent Industry Developments

✅ In August 2025, Constantia Flexibles invested over €100 million to expand its production capabilities across Europe. This includes a €50 million upgrade at its Austrian plant and a €30 million investment in a new lacquering line, enhancing its capacity for sustainable, mono-material packaging solutions.

✅ In July 2025, Dow introduced the INNATE TF 220 Precision Packaging Resin, a recyclable material aimed at enhancing the sustainability of flexible plastic packaging. This innovation is already being utilized in China's detergent packaging, marking a significant step towards a circular economy.

✅ In June 2025, Mars launched a $250 million Sustainability Investment Fund focused on developing recyclable and compostable flexible packaging solutions. This initiative underscores the company's commitment to reducing its environmental footprint in the packaging sector.

Japan: Recent Industry Developments

✅ In August 2025, Japanese packaging company Rengo Co. announced the development of a new biodegradable flexible packaging material. This innovation aims to reduce plastic waste and aligns with Japan's growing emphasis on sustainable packaging solutions.

✅ In July 2025, Mitsubishi Chemical Corporation unveiled a new high-barrier, recyclable flexible packaging film. This product is designed to extend shelf life and reduce environmental impact, catering to the increasing demand for sustainable packaging in Japan.

✅ In June 2025, Japan's National Institute of Advanced Industrial Science and Technology (AIST) developed a novel flexible packaging material made from plant-based fibers. This material offers enhanced strength and biodegradability, contributing to Japan's efforts in sustainable packaging innovation.

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Flexible packaging refers to durable, lightweight packaging made from materials like plastic, paper, foil, or laminates that can be easily shaped or molded. It offers product protection, convenience, extended shelf life, and sustainability benefits, and is widely used in food, pharmaceuticals, and consumer goods.

Recent Mergers and acquisitions:

United States: Recent M&A Activity

✅ In October 2025, Cascades Inc. sold its flexible packaging plant activities in Mississauga, Ontario, to Five Star Holding for CAD 31 million. Cascades retained ownership of the site real estate, streamlining its operations and focusing on core areas.

✅ In March 2025, Constantia Flexibles acquired a majority stake in Aluflexpack AG, a Swiss provider of aluminum-based flexible packaging. This $201 million deal enhances Constantia's position in the European market, particularly in food, pharmaceutical, and personal care sectors.

Japan: Recent M&A Activity

✅ In May 2025, Rengo Co. announced the acquisition of a biodegradable flexible packaging firm. This acquisition aligns with Rengo's commitment to sustainability and innovation in packaging solutions.

✅ In March 2025, Mitsubishi Chemical Corporation acquired a majority stake in a Japanese flexible packaging company specializing in high-barrier films. This strategic move strengthens Mitsubishi's position in the sustainable packaging sector.

Key Players:

=> Mondi Group, CLONDALKIN GROUP, Berry Global Inc, Amcor, Reynolds, Bemis Company, Inc, Sonoco, Constantia Flexibles Group GmbH, and Huhtamaki Group and Coveris Holdings S.A.

Growth Forecast Projected:

The Global Flexible Packaging Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Flexible Packaging Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Key Segments:

➥ By Material: Polymer, Aluminum, Paper, Plastic, Cellulosic, Others
➥ By Product: Pouches, Films & Wraps, Bags, Others
➥ By Printing Technology: Digital Printing, Flexography, Others
➥ By End User: Food & Beverages, Personal Care, Pharmaceutical, Others

Regional Analysis for Flexible Packaging Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.

Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.

Chapter 3: Offers an in-depth look at the competitive landscape among Flexible Packaging producers, including revenue shares, strategic moves, and recent mergers and acquisitions.

Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.

Chapters 5 & 6: Analyze Flexible Packaging revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.

Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.

Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.

Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.

Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.

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FAQ

What is the current size of the Flexible Packaging Market?

A: In 2022, the Flexible Packaging Market was valued at USD 231 billion, reflecting its strong industry presence.

Q2: How large is the Flexible Packaging Market expected to be by 2031?

A: By 2031, industry forecasts suggest the Flexible Packaging Market will grow to around USD 301 billion, demonstrating significant expansion.

Q3: What is the growth rate of the Flexible Packaging Market?

A: The market is projected to expand at a compound annual growth rate (CAGR) of 4.1% during the forecast period from 2024 to 2031.

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