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Flexible Packaging demand is estimated at US$266.7 billion in 2024 and projected to post a CAGR of 4.8% between 2024 and 2030 to reach US$353.8 billion by 2030. Increasing demand for lightweight, cost-effective, and eco-friendly packaging solutions across industries like food, pharmaceuticals, and personal care are some of the key driving factors for the flexible packaging market growth.
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Asia-Pacific is Largest and the Fastest Growing Market for Flexible Packaging while Global Market to Surpass $350 billion by 2030
A new report from Industry Experts Inc, on "Flexible Packaging Market", is introduced. According to this report, the global Flexible Packaging market is estimated at US$266.7 billion in 2024 and is expected to record a CAGR of 4.8% during the 2024-2030 analysis period and stand at a projected US$353.8 billion by 2030.
The market for flexible packaging analyzed in this report on a global level including North America (The United States, Canada, and Mexico), Europe (France, Germany, Italy, Spain, the United Kingdom & Rest of Europe), Asia-Pacific (Australia, China, India, Japan, South Korea & Rest of Asia-Pacific), South America (Argentina, Brazil & Rest of South America) and Middle East & Africa (South Africa, Saudi Arabia & Rest of Middle East & Africa).
Flexible packaging market studied in this report with respect to Product Type – Pouches, Bags, Films & Wraps and Others; Material Type – Plastic, Paper, Metal and Bioplastic; and Application – Food & Beverages, Pharmaceutical & Healthcare, Personal Care & Cosmetics and Others.
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