Flexible Plastic Packaging Market Analysis

  • Report ID: 1188
  • Published Date: Oct 10, 2024
  • Report Format: PDF, PPT

Flexible Plastic Packaging Market Analysis

Material Type (Paper, Plastic Films, Bioplastics, Aluminum Foil)

The global flexible plastic packaging market is segmented and analyzed for demand and supply by material type into paper, plastic films, bioplastics, and aluminum foil. Among these segments, the paper segment is anticipated to capture the largest market size in the global flexible plastic packaging market owing to its strong capacity for printing large formats such as boxes and bags at lower costs than other materials types. Out of the 33.9 million tonnes of paper and paperboard recycled in 2018, over 32.1 million tonnes were ribbed boxes. 96.5 percent of corrugated cardboard was recycled. After recycling, 230,000 tonnes of corrugated boxes got burned, and 940,000 tonnes were deposited in landfills in 2018.

Our in-depth analysis of the global market includes the following segments:

       By Material Type

  • Paper
  • Plastic Films
  • Bioplastics
  • Aluminum Foil

         By Product Type

  • Flat Pouches
  • Gusseted Bags
  • Wraps
  • Standup Pouches
  • Roll Stock
  • Others

         By Printing Type

  • Digital Printing
  • Flexography
  • Others

 

          By Application

  • Food & Beverages
  • Pharmaceuticals
  • Personal Care
  • Others
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Browse Key Market Insights with Data Illustration:


Author Credits:  Abhishek Anil


  • Report ID: 1188
  • Published Date: Oct 10, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of flexible plastic packaging is estimated at USD 216.33 billion.

The flexible plastic packaging market size was over USD 200.16 billion in 2024 and is poised to cross USD 698.71 billion by the end of 2037, growing at more than 10.1% CAGR during the forecast period i.e., between 2025-2037. Cost-Effectiveness & longer product shelf life, increasing focus on sustainable food production, and rising demand from the pharmaceutical industry will boost the market growth.

Asia Pacific industry is expected to hold largest revenue share by 2037, impelled by increasing awareness about environmental concerns and the growing demand for sustainable alternatives such as compostable packaging in the region.

The major players in the market include Syntegon Technology, Constantia Flexibles Group, Sealed Air Corporation, Sonoco Products Company, Mondi Group, Huhtamaki Group, ProAmpac, Berry Plastics Group, Inc., Amcor Limited.
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