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Flexible Plastic Pouches Market Analysis

  • Report ID: GMI6481
  • Published Date: Aug 2023
  • Report Format: PDF

Flexible Plastic Pouches Market Analysis

Based on product type, the flexible plastic pouches market is segmented as bags and pouches, wraps and rolls, boxes and cartons, sachets and envelopes, others. Bags and Pouches held a majority market value of USD 47.2 billion in 2022. Stand-up pouches offer excellent shelf visibility, allowing products to stand out and attract consumer attention. The ability to stand upright optimizes shelf space, making them suitable for both retail displays and consumer pantries.
 

Flexible Plastic Pouches Market Revenue Share, By End-use, (2022)

Based on application, the flexible plastic pouches market is segmented as food and beverage, retail and consumer goods, pharmaceuticals and healthcare, personal care, e-commerce, others. Food and beverage held a dominant market share of around 40% in 2022 and is expected to grow at a lucrative pace till 2032. Flexible plastic pouches help maintain the freshness of food and beverages, extending shelf life and preserving taste and quality. Pouches are suitable for packaging ready-to-eat meals, snacks, and convenience foods that align with modern consumer lifestyles.
 

U.S. Flexible Plastic Pouches  Market Size, 2021- 2032 (USD Billion)

U.S. dominated the North American region with majority market share and a revenue of USD 42.4 billion in 2022 and is anticipated to expand at a significant pace from 2023-2032. The rise of online shopping in North America has increased the demand for e-commerce-friendly packaging, including durable and protective flexible plastic pouches suitable for shipping.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Market size for flexible plastic pouches was USD 186 billion in 2023 and will reach USD 300 billion by 2032, due to rising popularity among consumers worldwide, owing to advantages such as lightweight and easy to carry.

Flexible plastic pouches industry size from the bags and pouches segment reached USD 47.2 billion in 2022 and will witness significant growth by 2032 impelled by the excellent shelf visibility of the packaging for allowing products to stand out and attract consumer attention.

U.S. market for flexible plastic pouches registered USD 42.4 billion in 2022 and will witness substantial CAGR through 2032 due to the rise in online shopping and the growing demand for e-commerce-friendly packaging in the region.

Some of the key flexible plastic pouch companies are Amcor plc, Berry Global Group, Inc., Mondi Group, Sealed Air Corporation, Huhtam

Flexible Plastic Pouches Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 137
  • Countries covered: 20
  • Pages: 120
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