Global Multilayer Flexible Packaging Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Product;

Bags, Pouches & Sachets, Wrapping Films, Laminates and Others (Liners).

By Material;

Plastic, Paper and Aluminium Foil.

By Layer Structure;

3 Layers, 5 Layers, 7 Layers and More than 7 Layers.

By End Use Industry;

Food, Beverages, Pharmaceuticals, Automotive, Cosmetics & Personal Care, Homecare, Electricals & Electronics, Agriculture & Allied Industries and Textiles & Apparels.

By Geography;

North America, Europe, Asia Pacific, Middle East, Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn303269852 Published Date: April, 2024 Updated Date: May, 2024

Introduction

Global Multilayer Flexible Packaging Market (USD Million), 2020 - 2030

In the year 2023, the Global Multilayer Flexible Packaging Market was valued at USD 169,738.63 million. The size of this market is expected to increase to USD 229,140.44 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 4.4%.

The global multilayer flexible packaging market stands at the forefront of innovation and sustainability, serving as a pivotal player in modern consumer goods industries. Characterized by its versatility, durability, and eco-friendly attributes, multilayer flexible packaging has become the preferred choice for packaging solutions across various sectors including food and beverage, pharmaceuticals, personal care, and more. This market segment continues to witness robust growth driven by evolving consumer preferences, technological advancements, and stringent regulatory standards mandating sustainable packaging practices.

One of the primary drivers propelling the growth of the global multilayer flexible packaging market is the increasing demand for convenient and lightweight packaging solutions. With the rise of on-the-go lifestyles and urbanization, consumers are increasingly gravitating towards products that offer convenience without compromising on quality or sustainability. Multilayer flexible packaging addresses these needs adeptly by providing lightweight, easy-to-use packaging formats that prolong the shelf life of products while minimizing environmental impact through reduced material usage and carbon emissions.

The market's trajectory is significantly influenced by the growing emphasis on sustainable packaging practices and circular economy principles. As environmental concerns intensify and regulatory frameworks tighten worldwide, businesses are under pressure to adopt eco-friendly packaging solutions that reduce waste and promote recycling. Multilayer flexible packaging, with its recyclability, source reduction capabilities, and compatibility with renewable materials, emerges as a compelling choice for companies striving to align with sustainability objectives while maintaining product integrity and consumer appeal. As a result, the global multilayer flexible packaging market is poised for continued expansion as it continues to redefine the packaging landscape with innovation and sustainability at its core.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Material
    3. Market Snapshot, By Layer Structure
    4. Market Snapshot, By End Use Industry
    5. Market Snapshot, By Region
  4. Global Multilayer Flexible Packaging Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Sustainability and Environmental Concerns Driving Innovation

        2. Advancements in Material Science and Packaging Technology

        3. Increased Adoption of Flexible Packaging in Various Industries

        4. Growing Demand for Extended Shelf Life of Packaged Products

      2. Restraints
        1. Competitive Pressures

        2. Consumer Preferences

        3. Supply Chain Complexities

        4. Material Sourcing Challenges

      3. Opportunities
        1. Emerging Market Segments

        2. Strategic Partnerships and Alliances

        3. Regulatory Support and Compliance

        4. Customization and Personalization Trends

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Multilayer Flexible Packaging Market, By Product, 2020 - 2030 (USD Million)
      1. Bags
      2. Pouches & Sachets
      3. Wrapping Films
      4. Laminates
      5. Others (Liners)
    2. Global Multilayer Flexible Packaging Market, By Material, 2020 - 2030 (USD Million)
      1. Plastic
      2. Paper
      3. Aluminium Foil
    3. Global Multilayer Flexible Packaging Market, By Layer Structure, 2020 - 2030 (USD Million)
      1. 3 Layers
      2. 5 Layers
      3. 7 Layers
      4. More than 7 Layers
    4. Global Multilayer Flexible Packaging Market, By End Use Industry, 2020 - 2030 (USD Million)
      1. Food
      2. Beverages
      3. Pharmaceuticals
      4. Automotive
      5. Cosmetics & Personal Care
      6. Homecare
      7. Electricals & Electronics
      8. Agriculture & Allied Industries
      9. Textiles & Apparels
    5. Global Multilayer Flexible Packaging Market, By Geography, 2020 - 2030 (USD Million)
      1. North America

        1. United States

        2. Canada

      2. Europe

        1. Germany

        2. United Kingdom

        3. France

        4. Italy

        5. Spain

        6. Nordic

        7. Benelux

        8. Rest of Europe

      3. Asia Pacific

        1. Japan

        2. China

        3. India

        4. Australia/New Zealand

        5. South Korea

        6. ASEAN

        7. Rest of Asia Pacific

      4. Middle East & Africa

        1. GCC

        2. Israel

        3. South Africa

        4. Rest of Middle East & Africa

      5. Latin America

        1. Brazil

        2. Mexico

        3. Argentina

        4. Rest of Latin America

  6. Competitive Landscape
    1. Company Profiles
      1. Scientex Berhad

      2. Glenroy, Inc

      3. Amcor plc

      4. Dow

      5. Bemis Company, Inc

      6. Westrock Company

      7. Sealed Air Corporation

      8. DS Smith

      9. Huhtamaki Oyj

      10. Berry Plastic Corporation

      11. Ball Corporation

      12. Genpak, LLC

      13. Union packaging

      14. Tetra Pak International S.A

      15. Coesia S.p.A

      16. Marchesini Group S.p.A

      17. Optima packaging group GmbH

      18. Muller LCS

      19. Ishida CO.,LTD

      20. Gea Group Aktiengesellschaft

  7. Analyst Views
  8. Future Outlook of the Market

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