Top 15 Key Players in the Flexible Packaging Industry

The global flexible packaging size reached US$ 136.0 Billion in 2023. By 2032, the market to reach US$ 190.5 Billion, exhibiting a growth rate (CAGR) of 3.7% during 2024-2032. As per the analysis by IMARC Group, the top 15 flexible packaging companies are focusing on investments on R&D to upgrade packaging technology to enhance versatility and cost-effectiveness to address storage issues, reduce product waste, and maintain product safety and hygiene. In line with this, the introduction of lightweight extrusion packaging and continual innovations in eco-friendly materials for packaging is propelling the market growth. With the growing number of consumers becoming environmentally conscious regarding the adverse effects of non-biodegradable wastes, the demand for sustainable and recyclable packaging materials is rising, which is fueling the market. The rapid adoption of biaxially-oriented polyethylene terephthalate (BOPET) and polyvinylidene chloride (PVDC) barrier films, innovative packaging designs by the manufacturers to meet the evolving needs of the market is also creating lucrative opportunities in the market. Considerable growth in the e-commerce industry is further leading to an escalating demand for innovative packaging solutions that can withstand the shipping transportation and protect the products. Some of the other factors contributing to the market include rapid urbanization, inflating disposable income levels, and an enhanced focus on sustainable development.

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Top Companies Operating in the Global Flexible Packaging Market

1. Amcor Limited

Amcor Plc (Amcor) offers a wide range of packaging solutions for pet products, such as plastic bottles, plastic bottles and jars, capsules and closures, specialty folding cartons, free films, bags and pouches, wrappers, rigid containers, laminates, and flow packs. The company provides services in beverage, food, pharmaceuticals, medical devices, personal care and pet care, along with medical-devices, healthcare, pharmaceuticals, personal-care, and home products. The company has a presence on the global level, with offices across Western Europe, Asia-Pacific, North America, and Oceania. Amcor also promotes circular economy practices and has implemented various initiatives to reduce its carbon footprint, making it a key player in the flexible packaging market due to its focus on sustainability, global reach, and product innovation.

2. Bemis Company

Founded in 1858, family-owned Bemis Manufacturing Company has grown into an innovative, international manufacturer serving worldwide markets while becoming a global leader in state-of-the-art plastic manufacturing. Besides manufacturing its own brands, the company also provides expertise to others, including private-label products and component parts for a wide range of industries. Its product portfolio includes toilet seats, health care, precision parts, and custom injection molding. There are more than 1,600 employees located in six countries around the world, serving consumer, commercial, medical, and industrial markets. Additionally, the company conducts extensive research and development (R&D) in the area of sustainable development.

3. Berry Global Group, Inc.

Berry Global Group, Inc. is a key player in the manufacturing of innovative packaging and engineered products. The company operates with a local delivery model even though it is a global organization and serves some of the world's largest brands. Its Evansville, Indiana headquarters operates more than 265 facilities globally and employs more than 46,000 people to develop, design, and manufacture innovative products that promote a circular economy. In addition to this, the company also conducts numerous business strategies with an enhanced focus on sustainable development. 

4. Mondi Limited

Mondi Limited is a global leader in packaging and paper that manufactures innovative packaging and paper solutions that are sustainable by design. With 2,200 employees spread across 100 production sites in more than 30 countries, with key operations in Europe, North America and Africa, the company operates with a customer-centric approach. As a global manufacturer and supplier of pulp, paper and plastic films, it is involved in end-to-end management of value chain, by managing forests, producing pulp and paper, and developing and manufacturing effective industrial and consumer packaging solutions. In addition to this, the company conducts extensive research and development (R&D) activities on sustainable development strategies.

5. Sealed Air

Sealed Air provides fulfillment and packaging solutions to protect the worldwide movement of goods, enhancing commerce through an efficient, secure and less wasteful global food supply chain. With its widely recognized brands like Cryovac® food packaging and Bubble Wrap® protective packaging, it enables a safer, more efficient food supply chain and supports the protection of valuable goods shipped around the world. In Sealed Air's food care division, the company produces packaging for food and beverage products, while its product care division produces protective and specialty packaging. With innovative packaging solutions that focus on sustainable development, Sealed Air partners with customers to solve the most critical packaging challenges.

6. Aluflexpack AG

The Aluflexpack Group provides high quality flexible packaging and barrier solutions to leading European and international companies in Europe and overseas. A leader in developing and manufacturing high-quality flexible packaging solutions for highly competitive end markets, it manufactures premium flexible packaging solutions on an industrial scale. It has 14 locations in 8 countries across Europe employing over 1500 highly skilled employees that convert aluminium, paper and plastic films into high quality final products, including lids, containers, and pouches.

7. Bak Ambalaj Sanayi

As a provider of flexible packaging solutions since 1973, Bak Ambalaj Sanayi ve Ticaret A S offers printed, unprinted, and laminated options. The company offers an array of options that include rotogravure and flexo printed, solvent-based and solvent-free laminated products on flexible films, with heat-sealable coatings and varnishes. With four production facilities located in Izmir and a workforce of over 700 employees, Bak Ambalaj is a leading manufacturer of flexible packaging for various sectors. The company exports 80% of its production, primarily to Western European countries.

8. Constantia Flexibles

Constantia Flexibles is a major player in the flexible packaging industry with 8,750 employees working across 38 sites in 16 countries, creating customized packaging solutions. The company is divided into three segments: food, pharma, and labels, and serves a wide range of customers in the food, pet food, pharmaceuticals, and beverage industries, including multinational corporations and local market leaders. Over the years, the company has expanded from a regional European supplier to a global player, targeting the most promising and rapidly developing markets in the world for flexible packaging.

9. Clondalkin Group

Clondalkin Flexible Packaging is recognized as a significant participant in the flexible packaging industry, offering a broad range of packaging solutions to various industries worldwide. It specializes in producing innovative and sustainable packaging that stands out from the competition and offers superior functionality and convenience to consumers, thereby helping its clients build strong brand identities and market positions. With 11 manufacturing companies under its umbrella, Clondalkin Flexible Packaging is at the forefront of packaging innovation. Additionally, Clondalkin Flexible Packaging has earned a strong reputation in the industry for its excellent customer service and sustainable development initiatives.

10. Danaflex Group

Danaflex, a company founded in 2001, has established itself as a leading supplier of flexible packaging, holding a prominent position in the industry. The excellent service model and state-of-the-art manufacturing facilities cater to the needs of local market leaders, multinational corporations, and brand owners. With a specialization in high-barrier and high-performance films, Danaflex provides its clients with advanced flexible packaging solutions, such as retortable films and easy-open pre-made pouches. Danaflex offers a vast range of innovative and advanced packaging solutions for a variety of food applications, including dried and culinary products, frozen and fresh food, baby food, pet food, as well as non-food applications like household cleaning and personal care.

11. DS Smith Plc

DS Smith is a global leader in providing sustainable packaging solutions, paper products, and recycling services. The company has manufacturing facilities and recycling operations in 37 countries, producing environmentally friendly fibre-based packaging. Besides offering state-of-the-art flexible packaging solutions, DS Smith collaborates with like-minded partners to incorporate renewable resources into its products, minimizing environmental impact while simplifying supply chain management and increasing profitability. With a presence in over 30 countries, DS Smith employs more than 30,000 people worldwide. 

12. Glenroy, Inc

Glenroy Inc is a leading expert in sustainable, top-quality flexible packaging. The company specializes in eco-friendly flexible packaging laminations and inventive stand-up pouches. Glenroy® offers customized packaging solutions tailored to specific product formulations, complete with unique distribution methods and filling equipment. Moreover, the company also produces surface-printable flexible packaging rollstock for narrow web printers. In addition to its exceptional product offerings, Glenroy® is dedicated to extensive research and development (R&D) activities, with a focus on sustainable development.

13. Huhtamaki PPL Limited

Huhtamaki is a world-renowned provider of sustainable packaging solutions that cater to billions of consumers worldwide, specializing in offering specialized food packaging and sustainable solutions for beverages, pet food, and personal and home care products. Its flexible packaging business produces light and innovative flexible packaging materials, labels, and pouches for various applications, including food and drink, coffee, pet food, barrier packaging, retort pouches, and pharmaceutical products. With a global reach, Huhtamaki serves both local and multinational brands across Europe, Asia, Oceania, and South America.

14. Printpack, Inc.

Printpack Inc. is a leading player in the flexible and specialty rigid packaging industry, catering to the needs of various sectors, such as food, beverage, pharmaceutical, and agriculture. The company operates multiple plants in the United States, China, and Mexico and serves a diverse clientele, including several Fortune 500 companies, with its products shipped worldwide. Printpack's engineering team specializes in producing user-friendly packaging by employing reclosable solutions, tear-optimized materials, peelable materials, and other innovative techniques. Its collaborative development and innovation process ensures a positive consumer experience throughout the entire usage cycle and promoting repeat purchases. 

15. ProAmpac Intermediate, Inc.

ProAmpac, a global leader in flexible packaging, is recognized for providing a wide range of packaging solutions to customers worldwide. Its product portfolio includes a wide range of flexible paper packaging, flexible plastic packaging, and foil packaging, encompassing food and beverages, household products, FMCG and industrial products. Additionally, the company invests on research and development (R&D) activities with an enhanced focus on sustainability, such as ProActive Sustainability®, that provides innovative sustainable flexible packaging products to the consumers.

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