Published by mark itwired
Posted on October 4, 2021
5 min readLast updated: January 31, 2026
The multilayer flexible packaging market is expected to grow at a CAGR of 4%, reaching $350 Bn by 2029, driven by cost-effectiveness and durability.
Cost-effectiveness, durability, and lightweight are several advantages responsible for boosting the demand for multilayer flexible packaging, worldwide. The scope of this market study includes multiple flexible packaging solutions such as bags, pouches & sachets, wrapping films, laminates, and others (liners, stick packs, and more). Manufacturing of multilayer flexible packaging products requires 70% less material when compared to rigid packaging products. Aluminum foil and metalized plastic films are also gaining significant traction for the manufacturing of bags and pouches for flexible packaging.
The global multilayer flexible packaging market is set to progress at a CAGR of around 4% over the period of forecast, and reach a valuation of nearly US$ 350 Bn by 2029.
“Shift from rigid packaging to flexible packaging is the leading trend in the global packaging industry. Changing packaging needs enable brand owners to enjoy high profitability margins, owing to reduction in transportation cost and cheaper package cost.”
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The global multilayer flexible packaging market is identified as a highly competitive and fragmented market. Unorganized and local players can leverage significant growth opportunities in the global multilayer flexible packaging market. Some of the key players operating in the multilayer flexible packaging market are Sealed Air Corp., Mondi Group Plc, Berry Global Group, Inc., Scientex Berhad, and Uflex Ltd., among others. Key players are focusing on acquisitions and product innovation with the aim of expanding their footprint and customer base across the globe.
Future Market Insights, in its new report, offers an unbiased analysis of the global multilayer flexible packaging market, analyzing historical demand of 2014-2018 and forecast statistics for 2019-2029. The study offers growth projections on the multilayer flexible packaging market based on product (bags, pouches & sachets, wrapping films, laminates, and others [liners, stick packs, etc.], material (plastic [ polyethylene terephthalate (PET), polypropylene (PP) (BOPP, OPP, and CPP), polyethylene (PE) (LDPE, LLDPE, and HDPE), ethylene vinyl alcohol (EVOH), polyamide, polyvinyl chloride (PVC), ethylene vinyl acetate (EVA), polyvinylidene chloride (PVDC)]), layer structure (3 layers, 5 layers, 7 layers, and above 7 layers), and end-use industry (food, beverages, pharmaceuticals, automotive, cosmetics and personal care, homecare, electrical & electronics, agriculture & allied industries, and textiles & apparels), across seven key regions.
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1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Analysis and Recommendations
2.1. Market Taxonomy
2.2. Market Definition
3.1. Key Trends Impacting the Market
3.2. Product Type Development Trends
4.1. Product Type Adoption
4.2. Product Type USPs
4.3. Key Promotional Strategies
5.1. Historical Market Volume (Tonnes) Analysis, 2014-2018
5.2. Current and Future Market Volume (Tonnes) Projections, 2019-2029
5.3. Y-o-Y Growth Trend Analysis
6.1. Regional Pricing Analysis By Product Type
6.2. Pricing Break-up
6.2.1. Manufacturer Level Pricing
6.2.2. Distributor Level Pricing
6.3. Global Average Pricing Analysis Benchmark
The post Multilayer Flexible Packaging Market Outlook 2021 Sales Revenue, Strategy to 2029 appeared first on Market Research Blog.
The main topic is the growth and trends in the multilayer flexible packaging market from 2021 to 2029.
Cost-effectiveness, durability, and a shift from rigid to flexible packaging are key drivers.
North America is leading, with East Asia and South Asia being highly lucrative markets.
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