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Daily Newsletter

09 October 2023

Daily Newsletter

09 October 2023

In 2022, flexible packaging was the most used pack material in the global household product packaging industry

The packaging volume in the global household products industry was 199 billion units in 2022, and is expected to grow at a CAGR of >3% by 2027, per GlobalData. Flexible packaging was the most used pack material in 2022 accounting for a share of 68.6%, followed by rigid plastics. Flexible packaging offers ease of use and storage, allowing customers to access and store household and pet care products conveniently. Its lightweight nature reduces transportation costs and increases efficiency throughout the supply chain.

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