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India Flexible Packaging Market Analysis - Size and Forecast 2025-2029

India Flexible Packaging Market Analysis - Size and Forecast 2025-2029

Published: Jan 2025 174 Pages SKU: IRTNTR41571

Market Overview at a Glance

$17.49 B
Market Opportunity
12.7%
CAGR
11.4
YoY growth 2024-2025(%)

India Flexible Packaging Market Size 2025-2029 

The India flexible packaging market size is forecast to increase by USD 17.49 billion at a CAGR of 12.7% between 2024 and 2029. The market is experiencing significant growth, driven by the rising logistics costs and the increasing preference for lightweight and convenient packaging solutions. This trend is particularly evident in the widespread adoption of stand-up pouches, which offer improved product protection, extended shelf life, and reduced transportation costs.

Major Market Trends & Insights

  • Based on the End-user, the food and beverage industry segment led the market and was valued at USD 8.64 billion of the global revenue in 2022.
  • Based on the Material, the plastic segment accounted for the largest market revenue share in 2022.

Market Size & Forecast

  • Market Opportunities: USD 112.53 Billion
  • Future Opportunities: USD 17.49 Billion
  • CAGR (2024-2029): 12.7%

The market faces challenges as well, with the recent implementation of a new recycling policy increasing operational costs for companies. This policy, aimed at promoting sustainable packaging practices, requires manufacturers to bear the responsibility for post-consumer waste management. As a result, companies must invest in advanced recycling technologies or form strategic partnerships to remain competitive in the market.

To capitalize on these opportunities and navigate the challenges effectively, market participants should focus on innovation, sustainability, and collaboration. By investing in research and development, adopting eco-friendly materials, and forging alliances with waste management companies, businesses can differentiate themselves and meet the evolving demands of consumers and regulators.

What will be the size of the India Flexible Packaging Market during the forecast period?

Flexible Packaging Market in India Size

 Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.  
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  • The market continues to demonstrate dynamic growth, driven by the expanding applications across various sectors such as food and beverage, pharmaceuticals, and consumer goods. Packaging line automation and package integrity testing are key focus areas, ensuring cost effectiveness and enhancing product quality. Packaging equipment selection, material compatibility assessment, and printing press maintenance are essential elements of the production process. Flexible packaging design, with a focus on supply chain traceability and consumer packaging preferences, is increasingly important for brand differentiation. Packaging material recycling and waste management are crucial aspects of sustainability, with industry growth expected to reach 12% annually.
  • Material certifications and packaging sustainability metrics are gaining significance, driving innovations in rollstock material handling and packaging production lines. Polymer film selection, durability testing, and ink adhesion testing are critical for product protection and tamper evidence. Flexible packaging inspection, process optimization strategy, and packaging line integration are essential for maintaining product quality and ensuring regulatory compliance. The flexible packaging industry is continually evolving, offering exciting opportunities for material suppliers and innovators.

How is this market segmented?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD billion" for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

  • End-user
    • Food and beverage industry
    • Pharmaceutical industry
    • Personal care industry
    • Others
  • Material
    • Plastic
    • Paper
    • Aluminum
  • Product
    • Pouches
    • Bags
    • Films and wraps
    • Others
  • Geography
    • APAC
      • India

By End-user Insights

The food and beverage industry segment is estimated to witness significant growth during the forecast period. The segment was valued at USD 8.64 billion in 2022. It continued to the largest segment at a CAGR of 6.71%.

The Indian flexible packaging market is experiencing significant growth due to the increasing consumption of packaged food and beverages. Convenience is a key factor driving this trend, particularly in metropolitan cities where young working professionals prefer fast, processed food. According to the Indian Government, the worker population ratio has risen from 50.9% in 2019-2020 to 52.9% in 2021-2022. Rising disposable income also contributes to this growth. Flexible packaging converters are focusing on thermal sealing performance and modified atmosphere packaging to ensure product freshness and shelf life extension. Packaging design software is being utilized to optimize supply chain efficiency and reduce waste.

Multilayer film structures and seal strength measurement are essential for ensuring product protection during transportation and storage. E-commerce packaging design is a growing area of focus, with vacuum packaging techniques used to maintain product quality during transit. Lightweight packaging design is also a priority to reduce shipping costs and minimize environmental impact. Recyclable packaging materials are increasingly being adopted to address sustainability concerns. Automated packaging machinery is being used to increase production efficiency and improve product consistency. Quality control procedures, including barrier properties testing and material handling systems, are essential for maintaining product integrity. Flexographic printing quality is also crucial for brand recognition and consumer appeal.

The Indian flexible packaging market is expected to grow at a rate of 10% annually, with innovation in areas such as lamination process optimization, digital printing technology, and high-speed packaging lines driving this growth. For instance, a leading flexible packaging converter reported a 15% increase in sales due to the adoption of advanced packaging technologies.

Flexible Packaging Market in India Share by End-user

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The Food and beverage industry segment was valued at  USD 8.06 billion in 2019 and showed a gradual increase during the forecast period.

Market Dynamics

Our researchers analyzed the data with 2024 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

The market is witnessing significant growth due to the increasing demand for lightweight, convenient, and cost-effective packaging solutions. Flexible packaging material properties, such as high barrier protection, printability, and versatility, make it an ideal choice for various industries, including food, beverages, pharmaceuticals, and consumer goods. Advanced flexible packaging technology is driving innovation in this sector, with sustainable flexible packaging options gaining popularity. High-barrier flexible packaging films are in high demand due to their ability to extend product shelf life and reduce waste. Automated flexible packaging machinery and flexible packaging design software solutions are improving production efficiency and reducing costs. Flexible packaging material sourcing strategies and waste management solutions are crucial considerations for businesses looking to optimize their supply chain. Sustainable sourcing of raw materials and implementing efficient waste management practices are essential to minimize environmental impact.

Quality control measures and best practices in flexible packaging design are essential to ensure product safety and consumer satisfaction. Innovative flexible packaging applications, such as stand-up pouches, laminated films, and flexible containers, are transforming the industry. New technologies in the flexible packaging industry, such as smart packaging and biodegradable films, are addressing sustainability concerns and enhancing consumer experience. The impact of flexible packaging on the environment is a critical issue, and safety regulations for flexible packaging ensure that the industry adheres to strict standards. Testing methods for flexible packaging materials are essential to ensure product quality and safety. Optimizing flexible packaging supply chain and production lines through automation and digitalization are key strategies for businesses to stay competitive. Flexible packaging material recyclability is a growing concern, and the industry is exploring new ways to make packaging more sustainable and eco-friendly.

What are the India Flexible Packaging Market drivers leading to the rise in adoption of the Industry?

  • The increasing logistics costs in India have led companies to transition towards more flexible packaging solutions, serving as the primary market driver. 
  • The Indian flexible packaging market faces significant logistics challenges, with logistics costs accounting for approximately 16% of the country's GDP. This is significantly higher than the logistics costs in developed countries like the US and Germany, which range between 8%-10% of their GDP. Transportation costs, which make up 30-40% of the total logistics expense, are a major contributor to these high costs. Over 70% of freight in India is transported by road, leading to increased expenses due to fuel costs, poor road conditions, and traffic congestion.
  • For instance, a study revealed that the transportation of goods from Delhi to Mumbai, a distance of approximately 1,500 kilometers, can take up to 10 days due to these factors. Despite these challenges, the flexible packaging industry in India is expected to grow at a robust rate, with estimates suggesting a 12% increase in sales by 2026.

What are the India Flexible Packaging Market trends shaping the Industry?

  • The increasing use of stand-up pouches is becoming a notable trend in the market. This packaging solution is gaining popularity due to its convenience and sustainability benefits.
  • The market is witnessing significant growth due to the increasing demand for lightweight, portable, and tamper-evident packaging solutions. Companies are innovating to meet this demand, offering aesthetically pleasing and functional packaging. One such innovation is the stand-up pouch, which has gained popularity in the food industry. Weighing an average of 5% of the total weight of a glass bottle, these pouches offer a substantial reduction in weight, making them highly portable. Moreover, they are replacing cans for storing processed food, further increasing their adoption.
  • The market for flexible packaging in India is expected to grow robustly, with an estimated 15% increase in demand in the next year. This growth is driven by the convenience and cost-effectiveness of flexible packaging solutions compared to traditional alternatives.

How does India Flexible Packaging Market face challenges during its growth?

  • The implementation of the new recycling policy in India poses a significant challenge for companies in the industry by increasing their operational costs, potentially hindering industry growth. 
  • Flexible packaging, primarily composed of non-degradable plastics, poses significant environmental challenges due to high labor and equipment costs associated with disposal and recycling. The multi-layered nature of packaging solutions like pouches makes separation of layers a labor-intensive process or necessitates expensive machinery investments. In response to increasing concerns over landfill issues and recyclability, governments and environmental organizations are imposing regulations. For instance, under the Plastic Waste Management Rules, companies introducing new plastic products are mandated to establish waste management systems.
  • According to industry reports, the market is projected to grow at a robust 15% annually, driven by the increasing demand for convenience and on-the-go consumption. Despite this growth, the industry must address the environmental challenges associated with flexible plastic disposal and recycling to maintain sustainability and stakeholder confidence.

Exclusive India Flexible Packaging Market Customer Landscape

The market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.

Flexible Packaging Market in India Share by Geography

 Customer Landscape

Key Companies & Market Insights

Companies are implementing various strategies, such as strategic alliances, market forecast partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

The market research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:

  • Amcor Plc
  • Berry Global Inc.
  • Bilcare Ltd.
  • Constantia Flexibles Group GmbH
  • Cosmo Films Ltd.
  • Garware Hi Tech Films Ltd.
  • Huhtamaki Oyj
  • Jindal Poly Films Ltd.
  • Multiflex Packaging India
  • Nichrome Packaging Solutions
  • Packone Solutions LLP
  • Paharpur 3P
  • Polyplex Corp. Ltd
  • Pouch Makers Canada Inc.
  • SOLOS POLYMERS PVT. LTD.
  • Sonoco Products Co.
  • Tetra Pak International SA
  • TCPL Packaging Ltd
  • UFlex Ltd.
  • Uma Polymers Ltd.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Recent Development and News in Flexible Packaging Market In India

  • In January 2024, Amcor, a global packaging company, announced the expansion of its flexible packaging facility in Tamil Nadu, India. This expansion aimed to increase the production capacity of the plant by 30%, catering to the growing demand for flexible packaging in the region (Amcor Press Release, 2024).
  • In March 2024, Tetra Pak, a leading food processing and packaging solutions company, entered into a strategic partnership with Gujarat Cooperative Milk Marketing Federation Ltd (GCMMF), India's largest dairy cooperative, to develop and launch eco-friendly flexible packaging solutions for milk and dairy products (Tetra Pak Press Release, 2024).
  • In May 2024, UFlex, a global flexible packaging solutions provider, secured a significant investment of INR 1,500 crore from Aditya Birla Group to expand its flexible packaging business in India and globally (Business Standard, 2024).
  • In February 2025, the Indian government announced the 'Plastic Waste Management Rules, 2025', mandating a 75% extended producer responsibility (EPR) for plastic packaging waste, which is expected to drive the growth of the market due to the increasing focus on sustainable packaging solutions (Ministry of Environment, Forest and Climate Change, 2025).

Research Analyst Overview

The market continues to evolve, driven by the increasing demand for innovative and sustainable packaging solutions across various sectors. Flexible packaging converters are at the forefront of this transformation, leveraging advanced technologies to enhance thermal sealing performance and develop multilayer film structures for modified atmosphere packaging. Packaging design software plays a crucial role in this dynamic landscape, enabling companies to optimize supply chain operations and extend shelf life through vacuum packaging techniques and lightweight design. Seal strength measurement and barrier properties testing are essential components of quality control procedures, ensuring the integrity of packaging and maintaining product protection.

E-commerce packaging design is another area of growth, with automated packaging machinery streamlining processes and reducing waste. Recyclable packaging materials, such as biodegradable films, are gaining popularity, aligning with industry expectations of a 10% CAGR growth rate in the flexible packaging market. For instance, a leading flexible packaging converter successfully implemented a lamination process optimization project, resulting in a 15% increase in production efficiency and a 10% reduction in packaging costs. This success story underscores the potential for continuous improvement and innovation in the flexible packaging industry. Barrier film technology, digital printing, and high-speed packaging lines are other key trends shaping the market, with companies focusing on improving packaging material sourcing, flexographic printing quality, and material handling systems to meet evolving consumer demands.

Dive into Technavio's robust research methodology, blending expert interviews, extensive data synthesis, and validated models for unparalleled Flexible Packaging Market in India insights. See full methodology.

Market Scope

Report Coverage

Details

Page number

174

Base year

2024

Historic period

2019-2023

Forecast period

2025-2029

Growth momentum & CAGR

Accelerate at a CAGR of 12.7%

Market growth 2025-2029

USD 17.49 billion

Market structure

Fragmented

YoY growth 2024-2025(%)

11.4

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

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What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the market growth and forecasting between 2025 and 2029
  • Precise estimation of the size of the market  and its contribution of the market in focus to the parent market
  • Accurate predictions about upcoming market growth and trends and changes in consumer behaviour
  • Growth of the market across India
  • Thorough analysis of the market's competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

We can help! Our analysts can customize this market research report to meet your requirements Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Executive Summary - Chart on Market Overview
    • Executive Summary - Data Table on Market Overview
    • Executive Summary - Chart on Country Market Characteristics
    • Executive Summary - Chart on Market Segmentation by End-user
    • Executive Summary - Chart on Market Segmentation by Material
    • Executive Summary - Chart on Market Segmentation by Product
    • Executive Summary - Chart on Company Market Positioning

2 Technavio Analysis

  • 2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
    • Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • 2.2 Criticality of inputs and Factors of differentiation
    • Overview on criticality of inputs and factors of differentiation
  • 2.3 Factors of disruption
    • Overview on factors of disruption
  • 2.4 Impact of drivers and challenges
    • Impact of drivers and challenges in 2024 and 2029

3 Market Landscape

  • 3.1 Market ecosystem
    • Parent Market
    • Data Table on - Parent Market
  • 3.2 Market characteristics
    • Market characteristics analysis
  • 3.3 Value chain analysis
    • Value chain analysis

4 Market Sizing

  • 4.1 Market definition
    • Offerings of companies included in the market definition
  • 4.2 Market segment analysis
    • Market segments
  • 4.3 Market size 2024
    • 4.4 Market outlook: Forecast for 2024-2029
      • Chart on India - Market size and forecast 2024-2029 ($ million)
      • Data Table on India - Market size and forecast 2024-2029 ($ million)
      • Chart on India: Year-over-year growth 2024-2029 (%)
      • Data Table on India: Year-over-year growth 2024-2029 (%)

    5 Historic Market Size

    • 5.1 Flexible Packaging Market in India 2019 - 2023
      • Historic Market Size - Data Table on Flexible Packaging Market in India 2019 - 2023 ($ million)
    • 5.2 End-user segment analysis 2019 - 2023
      • Historic Market Size - End-user Segment 2019 - 2023 ($ million)
    • 5.3 Material segment analysis 2019 - 2023
      • Historic Market Size - Material Segment 2019 - 2023 ($ million)
    • 5.4 Product segment analysis 2019 - 2023
      • Historic Market Size - Product Segment 2019 - 2023 ($ million)

    6 Qualitative Analysis

    • 6.1 Impact of AI on the Flexible Packaging Market in India

      7 Five Forces Analysis

      • 7.1 Five forces summary
        • Five forces analysis - Comparison between 2024 and 2029
      • 7.2 Bargaining power of buyers
        • Bargaining power of buyers - Impact of key factors 2024 and 2029
      • 7.3 Bargaining power of suppliers
        • Bargaining power of suppliers - Impact of key factors in 2024 and 2029
      • 7.4 Threat of new entrants
        • Threat of new entrants - Impact of key factors in 2024 and 2029
      • 7.5 Threat of substitutes
        • Threat of substitutes - Impact of key factors in 2024 and 2029
      • 7.6 Threat of rivalry
        • Threat of rivalry - Impact of key factors in 2024 and 2029
      • 7.7 Market condition
        • Chart on Market condition - Five forces 2024 and 2029

      8 Market Segmentation by End-user

      • 8.1 Market segments
        • Chart on End-user - Market share 2024-2029 (%)
        • Data Table on End-user - Market share 2024-2029 (%)
      • 8.2 Comparison by End-user
        • Chart on Comparison by End-user
        • Data Table on Comparison by End-user
      • 8.3 Food and beverage industry - Market size and forecast 2024-2029
        • Chart on Food and beverage industry - Market size and forecast 2024-2029 ($ million)
        • Data Table on Food and beverage industry - Market size and forecast 2024-2029 ($ million)
        • Chart on Food and beverage industry - Year-over-year growth 2024-2029 (%)
        • Data Table on Food and beverage industry - Year-over-year growth 2024-2029 (%)
      • 8.4 Pharmaceutical industry - Market size and forecast 2024-2029
        • Chart on Pharmaceutical industry - Market size and forecast 2024-2029 ($ million)
        • Data Table on Pharmaceutical industry - Market size and forecast 2024-2029 ($ million)
        • Chart on Pharmaceutical industry - Year-over-year growth 2024-2029 (%)
        • Data Table on Pharmaceutical industry - Year-over-year growth 2024-2029 (%)
      • 8.5 Personal care industry - Market size and forecast 2024-2029
        • Chart on Personal care industry - Market size and forecast 2024-2029 ($ million)
        • Data Table on Personal care industry - Market size and forecast 2024-2029 ($ million)
        • Chart on Personal care industry - Year-over-year growth 2024-2029 (%)
        • Data Table on Personal care industry - Year-over-year growth 2024-2029 (%)
      • 8.6 Others - Market size and forecast 2024-2029
        • Chart on Others - Market size and forecast 2024-2029 ($ million)
        • Data Table on Others - Market size and forecast 2024-2029 ($ million)
        • Chart on Others - Year-over-year growth 2024-2029 (%)
        • Data Table on Others - Year-over-year growth 2024-2029 (%)
      • 8.7 Market opportunity by End-user
        • Market opportunity by End-user ($ million)
        • Data Table on Market opportunity by End-user ($ million)

      9 Market Segmentation by Material

      • 9.1 Market segments
        • Chart on Material - Market share 2024-2029 (%)
        • Data Table on Material - Market share 2024-2029 (%)
      • 9.2 Comparison by Material
        • Chart on Comparison by Material
        • Data Table on Comparison by Material
      • 9.3 Plastic - Market size and forecast 2024-2029
        • Chart on Plastic - Market size and forecast 2024-2029 ($ million)
        • Data Table on Plastic - Market size and forecast 2024-2029 ($ million)
        • Chart on Plastic - Year-over-year growth 2024-2029 (%)
        • Data Table on Plastic - Year-over-year growth 2024-2029 (%)
      • 9.4 Paper - Market size and forecast 2024-2029
        • Chart on Paper - Market size and forecast 2024-2029 ($ million)
        • Data Table on Paper - Market size and forecast 2024-2029 ($ million)
        • Chart on Paper - Year-over-year growth 2024-2029 (%)
        • Data Table on Paper - Year-over-year growth 2024-2029 (%)
      • 9.5 Aluminum - Market size and forecast 2024-2029
        • Chart on Aluminum - Market size and forecast 2024-2029 ($ million)
        • Data Table on Aluminum - Market size and forecast 2024-2029 ($ million)
        • Chart on Aluminum - Year-over-year growth 2024-2029 (%)
        • Data Table on Aluminum - Year-over-year growth 2024-2029 (%)
      • 9.6 Market opportunity by Material
        • Market opportunity by Material ($ million)
        • Data Table on Market opportunity by Material ($ million)

      10 Market Segmentation by Product

      • 10.1 Market segments
        • Chart on Product - Market share 2024-2029 (%)
        • Data Table on Product - Market share 2024-2029 (%)
      • 10.2 Comparison by Product
        • Chart on Comparison by Product
        • Data Table on Comparison by Product
      • 10.3 Pouches - Market size and forecast 2024-2029
        • Chart on Pouches - Market size and forecast 2024-2029 ($ million)
        • Data Table on Pouches - Market size and forecast 2024-2029 ($ million)
        • Chart on Pouches - Year-over-year growth 2024-2029 (%)
        • Data Table on Pouches - Year-over-year growth 2024-2029 (%)
      • 10.4 Bags - Market size and forecast 2024-2029
        • Chart on Bags - Market size and forecast 2024-2029 ($ million)
        • Data Table on Bags - Market size and forecast 2024-2029 ($ million)
        • Chart on Bags - Year-over-year growth 2024-2029 (%)
        • Data Table on Bags - Year-over-year growth 2024-2029 (%)
      • 10.5 Films and wraps - Market size and forecast 2024-2029
        • Chart on Films and wraps - Market size and forecast 2024-2029 ($ million)
        • Data Table on Films and wraps - Market size and forecast 2024-2029 ($ million)
        • Chart on Films and wraps - Year-over-year growth 2024-2029 (%)
        • Data Table on Films and wraps - Year-over-year growth 2024-2029 (%)
      • 10.6 Others - Market size and forecast 2024-2029
        • Chart on Others - Market size and forecast 2024-2029 ($ million)
        • Data Table on Others - Market size and forecast 2024-2029 ($ million)
        • Chart on Others - Year-over-year growth 2024-2029 (%)
        • Data Table on Others - Year-over-year growth 2024-2029 (%)
      • 10.7 Market opportunity by Product
        • Market opportunity by Product ($ million)
        • Data Table on Market opportunity by Product ($ million)

      11 Customer Landscape

      • 11.1 Customer landscape overview
        • Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

      12 Drivers, Challenges, and Opportunity/Restraints

      • 12.1 Market drivers
        • 12.2 Market challenges
          • 12.3 Impact of drivers and challenges
            • Impact of drivers and challenges in 2024 and 2029
          • 12.4 Market opportunities/restraints

            13 Competitive Landscape

            • 13.1 Overview
              • 13.2 Competitive Landscape
                • Overview on criticality of inputs and factors of differentiation
              • 13.3 Landscape disruption
                • Overview on factors of disruption
              • 13.4 Industry risks
                • Impact of key risks on business

              14 Competitive Analysis

              • 14.1 Companies profiled
                • Companies covered
              • 14.2 Company ranking index
                • Company ranking index
              • 14.3 Market positioning of companies
                • Matrix on companies position and classification
              • 14.4 Amcor Plc
                • Amcor Plc - Overview
                • Amcor Plc - Business segments
                • Amcor Plc - Key news
                • Amcor Plc - Key offerings
                • Amcor Plc - Segment focus
                • SWOT
              • 14.5 Berry Global Inc.
                • Berry Global Inc. - Overview
                • Berry Global Inc. - Business segments
                • Berry Global Inc. - Key news
                • Berry Global Inc. - Key offerings
                • Berry Global Inc. - Segment focus
                • SWOT
              • 14.6 Constantia Flexibles Group GmbH
                • Constantia Flexibles Group GmbH - Overview
                • Constantia Flexibles Group GmbH - Product / Service
                • Constantia Flexibles Group GmbH - Key offerings
                • SWOT
              • 14.7 Cosmo Films Ltd.
                • Cosmo Films Ltd. - Overview
                • Cosmo Films Ltd. - Product / Service
                • Cosmo Films Ltd. - Key offerings
                • SWOT
              • 14.8 Garware Hi Tech Films Ltd.
                • Garware Hi Tech Films Ltd. - Overview
                • Garware Hi Tech Films Ltd. - Product / Service
                • Garware Hi Tech Films Ltd. - Key offerings
                • SWOT
              • 14.9 Huhtamaki Oyj
                • Huhtamaki Oyj - Overview
                • Huhtamaki Oyj - Business segments
                • Huhtamaki Oyj - Key news
                • Huhtamaki Oyj - Key offerings
                • Huhtamaki Oyj - Segment focus
                • SWOT
              • 14.10 Jindal Poly Films Ltd.
                • Jindal Poly Films Ltd. - Overview
                • Jindal Poly Films Ltd. - Business segments
                • Jindal Poly Films Ltd. - Key offerings
                • Jindal Poly Films Ltd. - Segment focus
                • SWOT
              • 14.11 Multiflex Packaging India
                • Multiflex Packaging India - Overview
                • Multiflex Packaging India - Key offerings
                • SWOT
              • 14.12 Packone Solutions LLP
                • Packone Solutions LLP - Overview
                • Packone Solutions LLP - Product / Service
                • Packone Solutions LLP - Key offerings
                • SWOT
              • 14.13 Paharpur 3P
                • Paharpur 3P - Overview
                • Paharpur 3P - Product / Service
                • Paharpur 3P - Key offerings
                • SWOT
              • 14.14 Polyplex Corp. Ltd
                • Polyplex Corp. Ltd - Overview
                • Polyplex Corp. Ltd - Product / Service
                • Polyplex Corp. Ltd - Key offerings
                • SWOT
              • 14.15 Pouch Makers Canada Inc.
                • Pouch Makers Canada Inc. - Overview
                • Pouch Makers Canada Inc. - Product / Service
                • Pouch Makers Canada Inc. - Key offerings
                • SWOT
              • 14.16 SOLOS POLYMERS PVT. LTD.
                • SOLOS POLYMERS PVT. LTD. - Overview
                • SOLOS POLYMERS PVT. LTD. - Product / Service
                • SOLOS POLYMERS PVT. LTD. - Key offerings
                • SWOT
              • 14.17 Sonoco Products Co.
                • Sonoco Products Co. - Overview
                • Sonoco Products Co. - Business segments
                • Sonoco Products Co. - Key news
                • Sonoco Products Co. - Key offerings
                • Sonoco Products Co. - Segment focus
                • SWOT
              • 14.18 Tetra Pak International SA
                • Tetra Pak International SA - Overview
                • Tetra Pak International SA - Product / Service
                • Tetra Pak International SA - Key offerings
                • SWOT

              15 Appendix

              • 15.1 Scope of the report
                • 15.2 Inclusions and exclusions checklist
                  • Inclusions checklist
                  • Exclusions checklist
                • 15.3 Currency conversion rates for US$
                  • Currency conversion rates for US$
                • 15.4 Research methodology
                  • Research methodology
                • 15.5 Data procurement
                  • Information sources
                • 15.6 Data validation
                  • Data validation
                • 15.7 Validation techniques employed for market sizing
                  • Validation techniques employed for market sizing
                • 15.8 Data synthesis
                  • Data synthesis
                • 15.9 360 degree market analysis
                  • 360 degree market analysis
                • 15.10 List of abbreviations
                  • List of abbreviations

                Research Methodology

                Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

                INFORMATION SOURCES

                Primary sources

                • Manufacturers and suppliers
                • Channel partners
                • Industry experts
                • Strategic decision makers

                Secondary sources

                • Industry journals and periodicals
                • Government data
                • Financial reports of key industry players
                • Historical data
                • Press releases

                DATA ANALYSIS

                Data Synthesis

                • Collation of data
                • Estimation of key figures
                • Analysis of derived insights

                Data Validation

                • Triangulation with data models
                • Reference against proprietary databases
                • Corroboration with industry experts

                REPORT WRITING

                Qualitative

                • Market drivers
                • Market challenges
                • Market trends
                • Five forces analysis

                Quantitative

                • Market size and forecast
                • Market segmentation
                • Geographical insights
                • Competitive landscape

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                Frequently Asked Questions

                Flexible Packaging market growth will increase by $ 17.49 bn during 2025-2029.

                The Flexible Packaging market is expected to grow at a CAGR of 12.7% during 2025-2029.

                Flexible Packaging market is segmented by End-user( Food and beverage industry, Pharmaceutical industry, Personal care industry, Others) Material( Plastic, Paper, Aluminum, South America) Product( Pouches, Bags, Films and wraps, Others, MEA)

                Amcor Plc, Berry Global Inc., Bilcare Ltd., Constantia Flexibles Group GmbH, Cosmo Films Ltd., Garware Hi Tech Films Ltd., Huhtamaki Oyj, Jindal Poly Films Ltd., Multiflex Packaging India, Nichrome Packaging Solutions, Packone Solutions LLP, Paharpur 3P, Polyplex Corp. Ltd, Pouch Makers Canada Inc., SOLOS POLYMERS PVT. LTD., Sonoco Products Co., Tetra Pak International SA, TCPL Packaging Ltd, UFlex Ltd., Uma Polymers Ltd. are a few of the key vendors in the Flexible Packaging market.

                APAC will register the highest growth rate of 100% among the other regions. Therefore, the Flexible Packaging market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.

                India, Asia

                • Shift toward flexible packaging due to high logistics costs in IndiaAs of 2024 is the driving factor this market.
                • the logistics cost in India remains high is the driving factor this market.
                • accounting for approximately 16% of the GDP. This is significantly higher than the logistics costs in countries like the US and Germany is the driving factor this market.
                • which range between 8%-10% of their GDP is the driving factor this market.
                • and the global average of around 6%. In addition is the driving factor this market.
                • transportation continues to be a major component is the driving factor this market.
                • forming 30%-40% of the total logistics cost. The reliance on road transport remains substantial is the driving factor this market.
                • with over 70% of freight being transported by road. This heavy dependence on road transport contributes to the high logistics costs due to factors such as fuel expenses is the driving factor this market.
                • road conditions is the driving factor this market.
                • and traffic congestion.Efforts are ongoing to reduce these costs through infrastructure improvements is the driving factor this market.
                • digital reforms is the driving factor this market.
                • and initiatives like the PM Gati Shakti National Master Plan and the National Logistics Policy. These aim to enhance efficiency and reduce the overall logistics cost to around 9% of GDP in 2024.This high cost of logistics will drive the demand for flexible packaging. The weight of flexible packaging is significantly low compared with that of rigid packaging. This can aid logistics companies in saving transportation and other supply chain-related costs. Moreover is the driving factor this market.
                • flexible packaging produces 45%-55% less packaging waste compared with rigid packaging and involves the use of less plastic is the driving factor this market.
                • which helps end-user companies reduce their carbon footprints.Flexible packaging also provides a higher product-to-package ratio. This is an important aspect for end-user companies that ship their products to consumers because logistics firms charge by the size of packages in addition to the weight. On average is the driving factor this market.
                • one truckload of flexible packaging is equivalent to 15-20 truckloads of rigid packaging. Therefore is the driving factor this market.
                • the high cost of logistics in India will compel end-users to shift toward flexible packaging. This will propel the growth of the flexible packaging market in India during the forecast period. is the driving factor this market.

                The Flexible Packaging market vendors should focus on grabbing business opportunities from the Food and beverage industry segment as it accounted for the largest market share in the base year.