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Flexible Packaging Market Expected to Reach $102.8 Billion by 2031: AMR

The market for flexible packaging is experiencing growth due to the rise in demand for snack and convenience foods.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

According to a new published report by Allied Market Research titled, “Flexible Packaging Market by Material, Packaging Type, and End-use Industry: Global Opportunity Analysis and Industry Forecast, 2022–2031,” the global flexible packaging market was valued at $68.5 billion in 2021, and is projected to reach $102.8 billion by 2031, growing at a CAGR of 4.2% from 2022 to 2031. “The high demand for flexible packaging from food and beverages industry owing to change in lifestyles as well as inc...

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