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Flexible Plastic Pouches Market Trends

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

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Flexible Plastic Pouches Market Trends

The demand for sustainable packaging solutions has led to the development of flexible plastic pouches made from recyclable materials, bio-based plastics, and materials with reduced environmental impact. Pouch manufacturers are working to develop recyclable pouches and improve the recyclability of multi-layer structures to align with circular economy principles. Brands are optimizing packaging designs to use less material while maintaining product protection, reducing the environmental footprint of flexible plastic pouches. Consumers are gravitating towards minimalist packaging with clear and concise messaging, encouraging brands to adopt simpler and more sustainable pouch designs.

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, Huhtamäki Oyj, Coveris Holdings S.A., ProAmpac Holdings, Inc., Sonoco Products Company, Constantia Flexibles Group, and Glenroy, Inc.