Flexible Packaging Market to Reach USD 301 Billion by 2031
June 11, 2025The global flexible packaging market is projected to grow from USD 231 billion in 2022 to USD 301 billion by 2031, according to a new report from DataM Intelligence. This steady rise, driven by a compound annual growth rate (CAGR) of 4.1%, reflects increasing demand for lightweight, sustainable, and cost-effective packaging solutions across industries such as food, pharmaceuticals, and personal care.
Flexible packaging—made from materials like plastic films, paper, and aluminum foil—continues to gain ground thanks to its versatility and efficiency. Innovations like Fujifilm’s Jet Press FP790, a digital press for printing on flexible films, underscore the sector’s push toward higher-quality and eco-conscious production methods.
Major players shaping the market include Mondi Group, CLONDALKIN GROUP, Berry Global Inc., Amcor, Reynolds, and Huhtamaki Group.
Researchers credit much of the growth to advances in biodegradable materials, changing consumer preferences, and growing regulatory pressure to reduce plastic waste. With rising investments and emerging technologies, the flexible packaging sector is poised for robust global expansion over the next decade.
