The global multilayer flexible packaging market is estimated to reach USD 283.55 billion by 2034, up from USD 168.92 billion in 2024, at a compound annual growth rate (CAGR) of 5.32% from 2025 to 2034.
Recent Developments by Key Market Players
- In August 2024, Brawny Bear and Pakka Limited announced their second partnership. Date Energy Bars, the first energy bar in India with flexible, compostable packaging, were introduced by the brand as a result of this collaboration. The inventive biodegradable flexible packaging from Pakka Limited is used to package the new Date Energy Bars, which are made by Brawny Bear. In addition to providing a nutritious snack choice, this inventive solution tackles Indias growing packaging waste issue.
- In March 2024, to introduce new, high-end snack packaging that satisfies strict food contact regulations and incorporates 50% recycled plastic, a number of partners from various stages of the flexible food packaging supply chain collaborated. In late 2023, Sunbites, a popular snack brand owned by PepsiCo, introduced the redesigned packaging in the UK and Ireland. Waste plastic is recycled into food-grade packaging materials to create the packaging. This is accomplished by utilizing an advanced recycling process, which is a supplementary method to mechanical recycling. This helps the recovered materials to meet the stringent EU regulatory standards for applications like medical devices, contact-sensitive packaging, and food contact packaging.
- In November 2023, ProAmpac and Aptar CSP Technologies worked together to create and introduce ProActive Intelligence Moisture Protect (MP-1000). This platform technology delivers a flexible packaging solution that absorbs moisture by combining ProAmpacs flexible blown film technology with Aptar CSPs unique 3-Phase Activ-Polymer technology. In addition to protecting the contents from moisture exposure that usually happens if water molecules pass through the packaging, the technology solution adsorbs surplus moisture inside the package.
Multilayer Flexible Packaging Market Players
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