Flexible packaging to see a CAGR of 4.7%

Flexible packaging, consisting of materials such as plastic, foil, and paper, is now a primary method for packaging products across various industries. Pouches, wraps, and bags are used in food, cosmetics, pharmaceuticals, and industrial applications. 

The growth of flexible packaging is largely attributed to its cost efficiency, space-saving qualities, and strong protective features. Additionally, as consumers and businesses seek more sustainable options, flexible packaging responds with recyclable and compostable solutions.

Governments worldwide are enforcing stricter regulations on single-use plastics, further driving the demand for eco-friendly packaging. Mono-material structures, such as all-polyethylene or all-polypropylene pouches, are gaining traction as they are easier to recycle, supporting efforts towards a circular economy. 

The flexible packaging market is projected to grow from USD 323.25-billion in 2025 to USD 489-billion by 2034, at a compound annual growth rate of 4.7%. Pouches continue to dominate the market due to their moisture-resistant properties, resealability, and suitability for both retail and online delivery.

As online shopping grows, packaging must ensure product protection during delivery. Flexible packaging is well-suited for this, offering durability and lightweight characteristics. Additionally, it enables companies to build stronger brand identities through innovative designs and improved printing techniques. With advancements in smart packaging, such as QR codes and RFID systems, packaging has become more interactive and traceable.

North America leads the market, with major players such as Amcor, Berry Global, and Sealed Air. Europe’s strict environmental regulations and demand for sustainable solutions are shaping its market trends. Flexible packaging is becoming the standard, addressing both functional and environmental needs, ensuring its role in future product delivery remains significant.

This story is based on a report by Towards Packaging.