Global Flexible Packaging Market Size & Outlook, 2023-2030

The flexible packaging industry worldwide is expected to reach a projected revenue of US$ 373,335.4 million by 2030. A compound annual growth rate of 4.7% is expected of the worldwide flexible packaging industry from 2024 to 2030.

Revenue, 2023 (US$M)
$270,964.2
Forecast, 2030 (US$M)
$373,335.4
CAGR, 2024 - 2030
4.7%
Report Coverage
Worldwide

Global flexible packaging market highlights

  • The global flexible packaging market generated a revenue of USD 270,964.2 million in 2023 and is expected to reach USD 373,335.4 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 4.7% by 2030.
  • In terms of segment, plastics accounted for a revenue of USD 187,170.3 million in 2023.
  • Bioplastics is the most lucrative raw material segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2023.
  • Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 270,964.2 million
Market revenue in 2030USD 373,335.4 million
Growth rate4.7% (CAGR from 2023 to 2030)
Largest segmentPlastics
Fastest growing segmentBioplastics
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPlastics, Paper, Metal, Bioplastics

Other key industry trends

  • In terms of revenue, the North America accounted for 28.8% of the global flexible packaging market in 2023.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, Germany is the fastest growing regional market and is projected to reach USD 17,119.5 million by 2030.

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Flexible Packaging Market Scope

Flexible packaging market segmentation & scope
Plastics
Paper
Metal
Bioplastics
Retort Pouch
Refill Pouch
Bags
Films & Wraps
Others
Food & beverages
Pharmaceutical
Cosmetics
Others

Flexible Packaging Market Companies

Name Profile # Employees HQ Website

Global flexible packaging market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to flexible packaging market will help companies and investors design strategic landscapes.


Plastics was the largest segment with a revenue share of 69.08% in 2023. Horizon Databook has segmented the Global flexible packaging market based on plastics, paper, metal, bioplastics covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Flexible Packaging Raw Material Outlook (Revenue, USD Million, 2018-2030)
    • Plastics
    • Paper
    • Metal
    • Bioplastics
  • Global Flexible Packaging Type Outlook (Revenue, USD Million, 2018-2030)
    • Pouches
      • Retort Pouch
      • Refill Pouch
    • Bags
    • Films & Wraps
    • Others
  • Global Flexible Packaging Application Outlook (Revenue, USD Million, 2018-2030)
    • Food & beverages
    • Pharmaceutical
    • Cosmetics
    • Others

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Target buyers of Global flexible packaging market databook

  • Our clientele includes a mix of flexible packaging market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global flexible packaging market , including forecasts for subscribers. This global databook contains high-level insights into Global flexible packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global flexible packaging market size, by regions, 2018-2030 (US$M)

Top 10 countries: Flexible packaging market size, 2023 (US$M)

Global flexible packaging market share, by raw material, 2023 & 2030 (%, US$M)

Flexible Packaging Market: Opportunity Assessment By Country

Global flexible packaging market, by region, 2023 (US$M)

Global flexible packaging market size, by regions, 2018-2030 (US$M)

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