Flexible plastic bags packaging market worth US$76.63 billion by 2030

The report "Flexible Plastic Bags Packaging Market by Application (Food, Beverages, Pharmaceutical & healthcare), Material, Printing Technology (Flexography, Rotogravure, Digital Printing), Application, and Region - Global Forecast to 2030", released by MarketsandMarkets estimates the market at US$ 76.63 billion by 2030 from US$ 55.74 billion in 2024, at a CAGR of 5.48%. The global flexible plastic bags packaging market encompasses a broad spectrum of advanced, lightweight, and high-performance packaging solutions designed to protect, preserve, and enhance products across the entire value chain. These solutions integrate next-generation materials such as multi-layer polyethylene (PE), polypropylene (PP), barrier laminates, and recyclable mono-material films, alongside innovations in high-definition printing, smart labelling, and sustainable resin formulations.

The durable protection of products, the superior barrier protection of a product, and the flexibility of customization enable manufacturers to provide their customers with longer shelf-life stability for their products, greater product safety, and protection of brand integrity across many market sectors such as food & beverage, pharmaceuticals & healthcare, and personal care & cosmetics. Growing global demand for packaged foods, the explosive growth of E-commerce shipments, and the operational efficiencies required by manufacturers for lightweight, cost-effective packaging formats enable companies to provide their customers with the benefits of operational strengths and reduced logistics costs.

Modern flexible packaging is engineered to be secure, scalable, and compatible with high-speed production lines while supporting recyclability goals through all-PE structures, compostable films, and downgauged materials. As sustainability regulations become increasingly stringent, and consumers continue to demand sustainable packaging, cross-border trade continues to rise. Flexible plastic bags have emerged as an essential part of the global packaging landscape, enabling companies to optimize product protection, utilize materials sustainably, and be prepared for future packaging options.