Flexible Packaging Market to Hit US$ 424.8B by 2033

The global flexible packaging market is expected to grow from US$ 283.4 billion in 2024 to US$ 424.8 billion by 2033, reflecting a 4.6% CAGR, according to Strategic Revenue Insights.

Growth is driven by demand for convenience, lightweight formats, and sustainability. Pouches and flexible films are gaining traction as brands adopt mono-material and recyclable structures. E-commerce is also boosting the sector thanks to flexible packaging’s low weight and transport efficiency.

Plastics remain the dominant material, and pouches lead among product types. Major players such as Amcor, Sealed Air, Mondi, Huhtamaki, and Berry Global continue investing in advanced films, digital printing, and greener technologies.

Asia Pacific is expected to be a key growth engine as retail networks expand and branded goods penetration rises. The sector is rapidly evolving toward high-barrier recyclable materials and smarter, more efficient packaging solutions.