Myanmar Flexible Packaging Market Size & Outlook
Myanmar flexible packaging market, 2018-2030 (US$M)
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Myanmar flexible packaging market highlights
- The Myanmar flexible packaging market generated a revenue of USD 193.6 million in 2023 and is expected to reach USD 275.8 million by 2030.
- The Myanmar market is expected to grow at a CAGR of 5.2% from 2024 to 2030.
- In terms of segment, plastics was the largest revenue generating raw material in 2023.
- Bioplastics is the most lucrative raw material segment registering the fastest growth during the forecast period.
Flexible packaging market data book summary
| Market revenue in 2023 | USD 193.6 million |
| Market revenue in 2030 | USD 275.8 million |
| Growth rate | 5.2% (CAGR from 2023 to 2030) |
| Largest segment | Plastics |
| Fastest growing segment | Bioplastics |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Plastics, Paper, Metal, Bioplastics |
| Key market players worldwide | Amcor PLC, Mondi PLC, Huhtamäki Oyj, Sonoco Products Co, Constantia Flexibles, Berry Global Group Inc, Transcontinental Inc Shs -A- Voting Subord., Coveris, DS Smith PLC, Allegion PLC, CCL Industries Inc Registered Shs -B- Non Vtg, Cosmo Films, Graphic Packaging Holding Co, Bemis Manufacturing, ProAmpac, Flexpak, Flex-Pack Engineering, Novolex, Sigma Plastics Group, Bischof + Klein, SÜDPACK, American Packaging Corporation |
Other key industry trends
- In terms of revenue, Myanmar accounted for 0.1% of the global flexible packaging market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China flexible packaging market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 33,251.1 million by 2030.
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Flexible Packaging Market Scope
Flexible Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
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Myanmar flexible packaging market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to flexible packaging market will help companies and investors design strategic landscapes.
Plastics was the largest segment with a revenue share of 70.71% in 2023. Horizon Databook has segmented the Myanmar flexible packaging market based on plastics, paper, metal, bioplastics covering the revenue growth of each sub-segment from 2018 to 2030.
The country is witnessing growth in the food & beverage and cosmetics sectors owing to the increasing disposable income of consumers. This factor has helped the country become an attractive location for foreign investments in food & beverage, cosmetics, and other industries.
Companies operating in these industries, such as Unilever, Procter & Gamble, and others, are widely adopting flexible packaging solutions, including pouches, bags, and others, to satisfy the growing consumer need for convenience. These factors are expected to further propel the demand for flexible packaging solutions in the country over the forecast period.
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Target buyers of Myanmar flexible packaging market databook
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Our clientele includes a mix of flexible packaging market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Myanmar flexible packaging market , including forecasts for subscribers. This country databook contains high-level insights into Myanmar flexible packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Myanmar flexible packaging market size, by raw material, 2018-2030 (US$M)
Myanmar Flexible Packaging Market Outlook Share, 2023 & 2030 (US$M)
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