Why is the demand for flexible packaging increasing in the food & beverage sector?

The food & beverage segment is forecasted to record more than 5.4% growth rate from 2023 to 2032 due to the rising consumption of processed and packed foods and drinks across the globe.

How big is the APAC flexible packaging market?

Asia Pacific market is expected to reach USD 222 billion by 2032 owing to the emergence of new products, particularly in the frozen food category across the region.

What is the size of flexible packaging market?

The market size of flexible packaging was surpassed USD 300.6 billion in 2023 and is poised to witness more than 5.2% CAGR from 2024 to 2032.

Who are the prominent players in the global market size?

Coveris Holdings S.A, Bemis, Sealed Air Corporation, Clondalkin Group Holdings B.V, ACTEGA GmbH, Loba Goglio Group, Plater AR Packaging, Schur Flexibles, and Flair Flexible Packaging Solution are some of the key players in the global market.

Flexible Packaging Market Share

Report ID: GMI1145

Published Date: March 2023

Report Format: PDF

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Flexible Packaging Market Share

Coveris Holdings S.A
Bemis
Ampac Holdings, LLC
ExxonMobil Chemical
Amcor Limited
Constantia Flexibles Group GmbH
Sonoco Products Company
Mondi Group
Sealed Air Corporation
Cellpack Packaging
Berry Plastic Group
Südpack Verpackungen
Clondalkin Group Holdings B.V
Wipak Group
Hon Bischof + Klein International
ACTEGA GmbH
Loba Goglio Group
Plater AR Packaging
Schur Flexibles
Flair Flexible Packaging Solution

are some of the key leaders in the global flexible packaging market.

As the market continues to grow, manufacturing companies are working on developments like mergers, collaborations, new product launches, and other strategic initiatives for industry expansion. For instance, in February 2022, ProAmpac bought Belle-Pak Packaging, a producer of flexible packaging materials. This tactic aids ProAmpac in developing its position in Canada and extending its reach in end markets for high-growth e-commerce, healthcare, and logistics.

Authors: Kiran Pulidindi,

Frequently Asked Question(FAQ) :

Why is the demand for flexible packaging increasing in the food & beverage sector?: The food & beverage segment is forecasted to record more than 5.4% growth rate from 2023 to 2032 due to the rising consumption of processed and packed foods and drinks across the globe.
How big is the APAC flexible packaging market?: Asia Pacific market is expected to reach USD 222 billion by 2032 owing to the emergence of new products, particularly in the frozen food category across the region.
What is the size of flexible packaging market?: The market size of flexible packaging was surpassed USD 300.6 billion in 2023 and is poised to witness more than 5.2% CAGR from 2024 to 2032.
Who are the prominent players in the global market size?: Coveris Holdings S.A, Bemis, Sealed Air Corporation, Clondalkin Group Holdings B.V, ACTEGA GmbH, Loba Goglio Group, Plater AR Packaging, Schur Flexibles, and Flair Flexible Packaging Solution are some of the key players in the global market.

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Authors: Kiran Pulidindi,

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Base Year: 2023

Companies covered: 20

Tables & Figures: 290

Countries covered: 24

Pages: 300

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Flexible Packaging Market Share

Flexible Packaging Market Share

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