06:59 ETFlexible Plastic Packaging Market worth $281.20 billion by 2031 - Exclusive Report by MarketsandMarkets™

prnewswire
2026.05.26 10:59
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The flexible plastic packaging market is projected to grow from USD 226.45 billion in 2026 to USD 281.20 billion by 2031, at a CAGR of 4.4%. Key drivers include urbanization, rising disposable income, and demand for sustainable packaging. Asia Pacific leads the market, with pouches and food segments expected to dominate. Major players include Amcor plc and Mondi, while startups focus on innovative solutions. The market is bolstered by the growth of e-commerce and retail, alongside advancements in packaging technology.