In-Depth Analysis | Research/ Review Paper

Flexible Plastic Packaging Market worth $264.9 billion by 2030 – At a CAGR of 4.8%

Published: May 10, 2023
Author: TEXTILE VALUE CHAIN
According to a market research report, the “Flexible Plastic Packaging Market by Packaging Type (Pouches, bags, roll stock, films & wraps), Printing Technology (Flexography, Rotogravure, Digital Printing), End-user Industry, Material (Plastics, aluminum Foils,) and Region – Global Forecast to 2030″, is approximated to be USD 182.4 billion in 2022, and it is projected to reach USD 264.9  billion by 2030, at a CAGR of 4.8%.

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  • 263 Market data Tables
  • 55 Figures
  • 300 Pages and in-depth TOC on “ Flexible Plastic Packaging Market – Global Forecast to 2030”
This report also provides a comprehensive analysis of the companies listed below:

The Flexible plastic packaging Market comprises major players such as Huhtamaki Oyj (Finland), Berry Global Group Inc. (US), Amcor Limited. (Australia), Mondi Group. (UK), Sonoco Products Company (US), Westrock Company (US), Constantia Flexibles (Austria), Sealed Air Corporation (US), Transcontinental Inc (Canada), DS Smith (UK), and others are covered in the Flexible plastic packaging market.

Merger & acquisitions, investments & expansions, partnerships & collaborations, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the Flexible Plastic Packaging Market.

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Constantia Flexible (Austria)
 also known as Constantia Flexibles International GmbH is a leading producer of flexible packaging products that serve the food, pharmaceutical, and beverage industries. It is the result of a merger between Austria’s Constantia Teich GmbH and Germany’s Haendler & Natermann GmbH. The company operates through two divisions: Pharma and Consumer. Its packaging solutions include film-based, paper-based, and aluminum-based products, and it has around 38 production facilities spanning 16 countries. Constantia Flexibles caters to the flexible packaging needs of various sectors, including coffee, dressings & liquids, dehydrated products, pet food, and ready meals.

Berry Global Group Inc. (US) is a renowned global supplier of plastic packaging solutions that primarily cater to consumer-focused industries. The company has four business divisions, namely Engineered Materials, Consumer Packaging International, Consumer Packaging North America, and Health, Hygiene, & Specialties. Its main markets include healthcare, personal care, and food & beverage. With operations in over 290 locations worldwide, Berry Global Group conducts business in various countries such as the US, China, Mexico, Canada, France, India, Brazil, the Netherlands, Germany, the UK, Australia, Malaysia, Argentina, Colombia, Italy, Belgium, and Spain.

Amcor Limited (Australia), formerly known as APM Australkan Paper Manufacturers, has a rich history dating back to 1860 as a paper manufacturer. In 1906, the company changed its name to Amcor Limited and has since become a global leader in innovative packaging solutions. Amcor operates through two business groups: Flexibles and Rigid Plastics. The Flexibles business has a strong global presence and is one of the world’s largest suppliers of flexible packaging and specialty folding cartons. It offers a wide range of flexible packaging solutions for various industries, including food, beverage, pharmaceutical, medical, home & personal care, and more. By leveraging its expertise and global reach, Amcor continues to drive innovation and deliver high-quality packaging solutions to its customers worldwide.

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