Converted Flexible Packaging Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The report covers Global Converted Flexible Packaging Market Growth and it is segmented by Material (Plastic Film, Paper, Aluminum Foil), by Application (Retail, Food & Beverage, Pharmaceutical, Non-Food), and Geography.

Converted Flexible Packaging Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Converted Flexible Packaging Market Size

Converted Flexible Packaging Market Overview
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
CAGR 5.79 %
Fastest Growing Market Asia Pacific
Largest Market North America
Market Concentration Medium

Major Players

Converted Flexible Packaging Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Converted Flexible Packaging Market with other markets in Packaging Industry

Advanced Packaging

Packaging Equipment

Contract Packaging

Overall Packaging

Packaging Customers

Packaging Forms

Converted Flexible Packaging Market Analysis

The Converted Flexible Packaging Market is expected to register a CAGR of 5.79% during the forecast period.

  • The increasing demand for convenience-oriented processed products such as food is driving the need to transform flexible packaging, as they typically use high-barrier, high-grade packaging materials for longer shelf life. The industry is also noticing an increasing trend towards environmentally friendly formats. Innovative products such as auto-venting films that allow frozen and other foods to be steamed inside the package could represent a breakthrough in technology improvement and development.
  • The growing e-commerce market in various countries creates special demand for cardboard and corrugated products, especially from transportation and logistics companies. In addition, the environmental friendliness of packaging materials has made them more popular and is driving the market.
  • Further, aluminum foil is one of the popular packaging materials for converted flexible packaging. Many products, from food and beverages to cosmetics, are packaged in aluminum to maintain product integrity throughout their shelf life. According to European Aluminum Foil Association, the first three months of 2021 saw deliveries from European foil rollers reach 245,000 tonnes, up by 2.3% compared to 2020 (239,500 tonnes), led by striving performance in overseas markets, where the growth of over 10% was achieved.
  • The transformed flexible packaging industry is being challenged by rising material costs and increased demand for products such as low-fat snack foods. These products require innovative technology and material combinations to meet packers' freshness needs. Technological advances include controlled and modified atmosphere (CAP/MAP) packages, resulting in much longer shelf life for produce, meat, and other products.
  • The recent outbreak of COVID-19 has left converted flexible packaging manufacturers in a deluge of concerns expected to be short-lived. The pandemic lockdown impacts include supply chain disruptions, unavailability of raw materials used in manufacturing, labor shortages, price volatility that can bloat end product production and exceed budgets, and shipping issues. etc. is included.

Converted Flexible Packaging Industry Overview

The Converted Flexible Packaging Market is moderately competitive and concentrated and consists of some influential players. Regarding market share, some of these major players currently dominate the market. The market is showing an increase in growth rate due to constructive forces from internal and external market forces. Certain areas of the market are expected to gain absolute dominance in the market due to improved strategies. Market-absorbed costs are easily handled, creating room for market expansion.

  • May 2022 - ProAmpac announced the acquisition of Specialty Packaging, Inc., a family-owned manufacturer of specialty packaging products in paper, film, and foil for the fast food and hospitality industries. The addition of Specialty Packaging's complementary product portfolio and manufacturing capabilities will extend ProAmpac's reach to food service customers and expand its footprint in the Southwest United States.
  • August 2021 - Amcor has announced plans to construct two new state-of-the-art innovation centers. The new facilities in Belgium, and China. The company will welcome customers from mid-2022 and fully extend over the next two years. The total investment is expected to be approximately USD 35 million.

Converted Flexible Packaging Market Leaders

  1. ProAmpac

  2. Amcor Plc

  3. Sealed Air Corporation

  4. Sonoco Products Company

  5. Constantia Flexibles Group GmbH

  6. *Disclaimer: Major Players sorted in no particular order
ProAmpac, Amcor Plc, Sealed Air Corporation, Sonoco Products Company, Constantia Flexibles Group GmbH
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Converted Flexible Packaging Market News

  • August 2022 - Amcor PLC has announced the completion of its acquisition of flexible packaging plant in the Czech Republic. The site's strategic location immediately enhances Amcor's ability to meet strong demand and customer growth in the flexible packaging network in Europe.
  • April 2022 - Sonoco Products Company announced that it had acquired a one-third stake in Sonoco do Brasil Participacoes, Ltda, a Brazilian-based flexible packaging joint venture, from a private investor. With 2021 sales of approximately USD 34 million, the joint venture is one of the leading flexible packaging suppliers to several global multinational consumer goods companies serving the Brazilian confectionery, dairy, pharmaceutical, and industrial markets.

Converted Flexible Packaging Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Deliverables
  • 1.2 Study Assumptions
  • 1.3 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Introduction to Market Drivers and Restraints
  • 4.3 Market Drivers
    • 4.3.1 Augmented Demand for Convenient Packaging
    • 4.3.2 Need for Longer Shelf Life and Changing Lifestyles
  • 4.4 Market Restraints
    • 4.4.1 Concerns about the Environment and Recycling
  • 4.5 Value Chain / Supply Chain Analysis
  • 4.6 Industry Attractiveness - Porter's Five Force Analysis
    • 4.6.1 Threat of New Entrants
    • 4.6.2 Bargaining Power of Buyers/Consumers
    • 4.6.3 Bargaining Power of Suppliers
    • 4.6.4 Threat of Substitute Products
    • 4.6.5 Intensity of Competitive Rivalry
  • 4.7 Impact of Covid-19 on the market

5. MARKET SEGMENTATION

  • 5.1 By Material
    • 5.1.1 Plastic Film
    • 5.1.2 Paper
    • 5.1.3 Aluminum Foil
    • 5.1.4 Other Materials
  • 5.2 By Application
    • 5.2.1 Retail
    • 5.2.2 Food & Beverage
    • 5.2.3 Pharmaceutical
    • 5.2.4 Non-Food
    • 5.2.5 Other Applications
  • 5.3 Geography
    • 5.3.1 North America
    • 5.3.2 Europe
    • 5.3.3 Asia Pacific
    • 5.3.4 Rest of the World

6. COMPETITIVE LANDSCAPE

  • 6.1 Company Profiles*
    • 6.1.1 ProAmpac
    • 6.1.2 Amcor Plc
    • 6.1.3 Sealed Air Corporation
    • 6.1.4 Sonoco Products Company
    • 6.1.5 Constantia Flexibles Group GmbH
    • 6.1.6 Graphics Packaging Holding Company
    • 6.1.7 Bischof + Klein SE & Co. KG
    • 6.1.8 Honeywell International Incorporated
    • 6.1.9 Oracle Packaging Inc. (Tekni-Plex Inc.)
    • 6.1.10 Transcontinental Inc.

7. INVESTMENT ANALYSIS

8. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Converted Flexible Packaging Industry Segmentation

Converted flexible is a packaging type that combines raw materials such as adhesives, plastics, polyesters, paper & paperboard to create new packaging results, such as bags and pouches. It is broadly utilized by end-users such as food & beverages, consumer goods, pharmaceuticals, and personal care. The studied market briefs about the COVID-19 impact on the market and key trends adopted by major global players.

The Converted Flexible Packaging Market is segmented by Material (Plastic Film, Paper, Aluminum Foil), by Application (Retail, Food & Beverage, Pharmaceutical, Non-Food), and Geography.

By Material Plastic Film
Paper
Aluminum Foil
Other Materials
By Application Retail
Food & Beverage
Pharmaceutical
Non-Food
Other Applications
Geography North America
Europe
Asia Pacific
Rest of the World
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Converted Flexible Packaging Market Research FAQs

What is the current Converted Flexible Packaging Market size?

The Converted Flexible Packaging Market is projected to register a CAGR of 5.79% during the forecast period (2025-2030)

Who are the key players in Converted Flexible Packaging Market?

ProAmpac, Amcor Plc, Sealed Air Corporation, Sonoco Products Company and Constantia Flexibles Group GmbH are the major companies operating in the Converted Flexible Packaging Market.

Which is the fastest growing region in Converted Flexible Packaging Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Converted Flexible Packaging Market?

In 2025, the North America accounts for the largest market share in Converted Flexible Packaging Market.

What years does this Converted Flexible Packaging Market cover?

The report covers the Converted Flexible Packaging Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Converted Flexible Packaging Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Converted Flexible Packaging Industry Report

Statistics for the 2025 Converted Flexible Packaging market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Converted Flexible Packaging analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.