Comprehensive Analysis of the Flexible Packaging Market: Growth Drivers and Opportunities

The Flexible Packaging Market  is projected to reach USD 379.37 billion by 2030, growing at a CAGR of 5.1% between 2025 and 2030. Key players in the market include Amcor plc, Mondi plc, Huhtamaki Oyj, Safepack Industries Limited, Sonoco Products Company, and several others, who are leveraging strategies like acquisitions and product launches to strengthen their market presence.

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In June 2024, Mondi introduced FlexiBag Recyclable, a modular flexible packaging solution made from recycled materials. Designed for sectors including food, home, and personal care, the product enhances mechanical strength and cost-efficiency while supporting sustainability through fully recyclable packaging.

Similarly, Amcor expanded its footprint in India by acquiring Phoenix Flexibles Packaging in August 2023, targeting the growing demand for versatile packaging solutions in the food and personal care sectors. In April 2023, Huhtamaki launched a mono-material flexible packaging solution aimed at improving recyclability in food packaging, aligning with its sustainability goals of using less material without compromising product protection.