Flexible Packaging Market Share 2021, Size, Trends, Forecast and Analysis of Key Players 2026

According to IMARC Group’s latest report, titled “Flexible Packaging Market Share: Industry Trends, Size, Growth, Opportunity and Forecast 2021-2026 the global flexible packaging market reached a value of US$ 119.3 Billion in 2020. Looking forward, the market is expected to exhibit moderate growth during 2021-2026.

Report Metric

Historical: 2015-2020

Base Year: 2020

Forecast Year: 2021-2026

Flexible packaging is primarily manufactured by using easily reformed materials that could be molded into different shapes. It is usually made by combining numerous materials, such as high-quality paper, film, aluminum foil, etc. These materials can be shaped into pouches, bags, liners, overwraps, etc. Consequently, flexible packaging is extensively used across diverse sectors, food processing, consumer products, cosmetics, pharmaceuticals, etc.

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Market Trends

The increasing demand for processed food items due to the on-the-go consumption habits is further augmenting the adoption of flexible packaging in the food sector. Furthermore, the rising consumer awareness towards several benefits of flexible packaging pertaining to food safety, effective permeability, longer shelf life, convenience, etc., is also propelling the market growth. The market is further catalyzed by numerous technological advancements leading to emergence of innovative and advanced product variants. A significant growth in the pharmaceutical and nutraceutical sectors are also bolstering the demand for flexible packaging.  In the coming years, the growing popularity of sustainable and recyclable packaging alternatives will continue to spur the growth of the global flexible packaging market.

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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List of Key Companies Covered in this Market Report:

Amcor (NYSE: AMCR)Bemis CompanyBerry GlobalMondi (LON: MNDI)Sealed Air (NYSE: SEE)Aluflexpack noviBak Ambalaj SanayiConstantia FlexiblesClondalkin GroupDanaflexDS Smith (LON: SMDS)GlenroyHuhtamäki (HEL: HUH1V)Printpack and ProAmpac.

The report has segmented the market on the basis of product type, raw material, printed technology, application and geography.

Breakup by Product Type

Printed RollstockPreformed Bags and PouchesOthers

Breakup by Raw Material

PlasticPaperAluminium FoilCellulose

Breakup by Printing Technology

FlexographyRotogravureDigitalOthers

Breakup by Application

Food and BeveragesPharmaceuticalsCosmeticsOthers

Breakup by Geography:

North America (U.S. & Canada)Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)Latin America (Brazil, Mexico)Middle East & Africa

Key highlights of the report:

Market Performance (2015-2020)Market Outlook (2021- 2026)Porter’s Five Forces AnalysisMarket Drivers and Success FactorsSWOT AnalysisValue ChainComprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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