The global flexible packaging market is experiencing robust growth, driven by rising demand across food, beverage, pharmaceutical, cosmetic, and consumer goods sectors. Flexible packaging, which includes pouches, films, laminates, and bags, offers advantages such as lightweight design, convenience, extended shelf life, and customization capabilities. In 2024, the market is estimated to be valued at approximately USD 230.45 billion, with a projected CAGR of 6–7% over the next several years, reflecting growing adoption of sustainable packaging and innovative packaging solutions. Key segments in the flexible packaging market include plastic packaging, biodegradable packaging, printed packaging, and specialty packaging materials. The food and beverage sector remains the largest end-user, leveraging flexible packaging for snacks, beverages, ready-to-eat meals, and dairy products due to its protective and preservative properties. The pharmaceutical and cosmetic industries are increasingly adopting custom packaging solutions that ensure product safety, brand differentiation, and regulatory compliance.
Flexible Packaging overview
Published by MMR Statistics Research Team, Updated