The global confectionery flexible packaging market size is calculated at USD 10.19 billion in 2024 and is predicted to reach around USD 13.96 billion by 2034, expanding at a CAGR of 3.2% from 2024 to 2034.
The confectionary flexible packaging market is a prominent branch of the packaging industry. This industry deals in manufacturing and distribution of flexible packaging solutions used for packing confectionary items. There are several types of products developed in this industry comprising of tubes, laminates, sachets and stick packs, pouches, films and wraps, and some others. These packaging solutions are produced using various materials such as plastics and paper. The rising popularity of premium packaging solutions has boosted the market growth. This market is expected to rise significantly with the growth of the confectionary industry across the globe.
The rising demand for portable, convenient, and aesthetically pleasing packaging solutions along with increased adoption of automated sealing machines has driven the market growth. Also, rapid inclination towards premium chocolate and confectionery items among youths for gifting purposes coupled with growing demand for on-the-go packaging solutions is shaping the industry in a positive direction. Moreover, the increasing trend of interactive packaging solutions as well as numerous developments in the packaging industry is expected to boost the growth of the confectionary flexible packaging market.
The growing adoption of eco-friendly packaging solutions in bakery sector along with advancements in re-sealable packaging is expected to create ample growth opportunities for the market players in the future.