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North America Flexible Packaging Market is Segmented By Type, Material, Printing Technology, Application & Region | Industry Analysis on Size, Share, Trends, Growth & Forecast Report | 2022 to 2027

Published: January, 2022
ID: 6348
Pages: 145

North America Flexible Packaging Market Size & Growth 2022-2027:

The North America Flexible Packaging Market was assessed at USD 38.6 billion in 2021 and is determined to reach USD 51.2 billion by 2027, at an annual development rate of 3.16% over the conjecture time frame 2022- 2027.

Flexible packaging is one of the most unmistakable packaging strategies utilized by significant merchants over various scope of end-client verticals, inferable from its quality, for example, ascend in shelf life. Mechanical advancement, manageability concerns, and appealing financial matters are among the explanations behind the momentous development of flexible packaging over the most recent two decades in the United States.

Recent Developments:

  • In March 2017, Constantia Flexibles put resources into another printing innovation at its manufacturing site in Louvain, Belgium, for the pharmaceutical packaging industry. This update in the innovation reinforced its sustainable packaging arrangements.

  • September 2019 - Amcor opened a packaging advancement focus in New Albany, Ohio. The Innovation Center is upheld by a cross-useful group of architects, originators, and specialized masters who work with clients on their item ideas. This has practical experience in the home and personal care market, however, its administrations are available to packaging clients over all of the sections that Amcor serves.

  • July 2018 - PPC Flexible Packaging, an Illinois-based shopper packaging organization put over USD 2 million in updating its hardware and offices, which is relied upon to decidedly affect the United States market.

North America Flexible Packaging Market Dynamics:

The interest for flexible packaging items is commonly determined by millennial clients in the region, as they have a passionate inclination toward single-serving and fast-style food and refreshment groceries. As these items are commonly intended to be tough, convenient, and lightweight, flexible packaging stands to be a well-known alternative to pack such items. Firmest developing territories of snack foods, both as far as processed food sources and new products, are foreseen to oversee the interest for flexible packaging from the food and refreshment industry of the region.

Additionally, the propelled packaging styles, for example, collapsible/reusable pouches, bag-in-box, among others, are raising the utilization of flexible packaging in blend with inflexible packaging designs. Items, for example, pouches, liners, bags, and shrink wraps, are opening a broad scope of new applications to the flexible packaging market in the region. Furthermore, the union of the online business part in the region is foreseen to make flexible packaging one of the rapidly developing packaging approaches over the gauge time frame.

North America Flexible Packaging Market Segmentation in the North America Flexible Packaging Market until 2026.

By Material:

It is divided into plastics, aluminum foil, and paper and paperboard. The plastics section incorporates polyethylene, polypropylene, polyvinyl chloride, polyethylene terephthalate, polystyrene, and ethylene-vinyl alcohol.

Polymers represented over 70% of the overall industry share in 2018. Key advantages, for example, lightweight, minimal effort, high solidarity to weight proportion, and recyclable property have increased the material interest. Likewise, polymers' capacity to guarantee item uprightness will additionally complement the fragment development for the anticipated time period.

In view of product type:

The market is partitioned into stand-up pouches, vacuum pouches and bags, retort pouches and gusseted packs, wicketed bags, and others. Stand-up pouches will observe over 6% CAGR up to 2024. Key perspectives, for example, auxiliary and useful solidness, availability, and prevalent insurance against fume, dampness, and irritation are promoting this business. Solid visual shelf appeal and ease are foreseen to fuel the item reception rate among producers and end clients.

In view of printing technology:

The regional market is divided into

  • Flexography
  • Rotogravure
  • Digital
  • Others

In view of the application:

The market is sectioned into food and beverage packaging, personal care products, pharmaceutical products, tobacco products, agricultural products, and others. Others include sporting goods and agricultural products. Food and drink application is relied upon to hold over 55% of the overall industry by 2024. Developing interest in bundles that guarantee supplement and flavor stronghold will bolster the fragment development for the anticipated period.

By Region:

In North America disposal of guidelines that confined the foundation of new assembling units by the legislature of Mexico has brought about the advancement of new assembling offices including Takeda, Daiichi Ranbaxy, and Astellas. This administration technique has assumed a significant job in driving the household pharmaceutical industry, which thus is foreseen to fuel item requests over the estimated time frame.

Impact of Covid-19 on the Global Flexible Packaging Industry:

As the packaging sector experiences a considerable fall in production, the flexible packaging market is likely to see a mild decrease in growth rate in 2020-2021. During COVID-19, however, there appears to be a rise in demand for flexible packaging for food, beverage, and pharmaceutical applications for product packaging. Due to the threat of lockdowns, people are resorting to panic buying and bulk stocking. More individuals are ordering daily essentials and fresh food via the internet, resulting in a demand for flexible plastic packaging. Significant businesses in the fast-moving consumer goods industry are responding by requesting more flexible plastic packaging. Food and beverage, cosmetics, industrial, and personal care products all use flexible packaging. By 2021, online grocery sales in the United States are estimated to account for 12.4% of all e-commerce sales. 

Many consumers turned to online grocery purchasing during and after the lockout, and this tendency is expected to continue. Because of a lack of resources in various parts of the world, the COVID-19 outbreak has had a detrimental influence on the manufacturing and industrial industries. Top firms in the business are worried about the market's future and are reconsidering their tactics to face the challenge. The companies are using various techniques to increase production volume. They attempt to develop innovative solutions at an affordable price that can meet customer requirements at a lower cost while also supporting the overall breakthrough required for increased fragrance product penetration and sustainability. One of the reasons to boost the flexible packaging market throughout the forecast period is increased public awareness about health risks. Moreover, because of the coronavirus outbreak, more people use sterilizing products, fueling demand for the entire sector.

North America Flexible Packaging Market Key Players:

  1. Amcor Limited
  2. Bemis Company Inc.
  3. Constantia Flexibles Group GmbH
  4. Sealed Air Corporation
  5. Huhtamäki Oyj
  6. Coveris Holdings S.A.
  7. Sonoco Products Company
  8. Berry Plastics Group Inc
  9. Mondi Group
  10. Reynolds Group Holdings

1.Introduction                                                  

                1.1 Market Definition                                    

                1.2 Study Deliverables                                  

                1.3 Base Currency, Base Year and Forecast Periods     

                1.4 General Study Assumptions                                

2. Research Methodology                                                           

                2.1 Introduction                                               

                2.2 Research Phases                                      

                                2.2.1 Secondary Research                           

                                2.2.2 Primary Research                 

                                2.2.3 Econometric Modelling                      

                                2.2.4 Expert Validation                  

                2.3 Analysis Design                                         

                2.4 Study Timeline                                          

3. Overview                                                       

                3.1 Executive Summary                                

                3.2 Key Inferences                                         

                3.3 Epidemology                                              

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                                    

                4.1 Market Drivers                                          

                4.2 Market Restraints                                    

                4.3 Key Challenges                                         

                4.4 Current Opportunities in the Market                                              

5. Market Segmentation                                                              

                5.1 Material                                       

                                5.1.1 Introduction                           

                                5.1.2 Plastic Films                            

                                                5.1.2.1 Polypropylene   

                                                                5.1.2.1.1 Biaxially Oriented Poly Propylene (BOPP)

                                                                5.1.2.1.2 Cast Propylene

                                                5.1.2.2 Polyethylene      

                        5.1.2.2.1 High-Density Polyethylene (HDPE)

             5.1.2.2.2 Low-Density Polyethylene (LDPE)

                                                5.1.2.3 Poly Vinyl Chloride (PVC)              

        5.1.2.4 Biaxially Oriented Polyethylene Terephthalate (BOPET)  

                                                5.1.2.5 Ethylene Vinyl Alcohol (EVOH)    

                                                5.1.2.6 Polyamide           

                                                5.1.2.7 Polystyrene        

                                5.1.3 Paper                        

                                5.1.4 Aluminum Foil                       

                                5.1.5 Bioplastics                               

                                5.1.6 Y-o-Y Growth Analysis, By Material                              

                                5.1.7 Market Attractiveness Analysis, By Material                            

                                5.1.8 Market Share Analysis, By Material                              

                5.2 Type                                              

                                5.2.1 Introduction                           

                                5.2.2 Stand-Up Pouches                               

                                                5.2.2.1 Standard Stand-Up Pouches        

                                                5.2.2.2 Retort Stand-Up Pouches             

                                5.2.3 Flat Pouches                           

                                                5.2.3.1 Standard Flat Pouches    

                                                5.2.3.2 Retort Flat Pouches         

                                5.2.4 Gusseted Bags                      

                                5.2.5 Wicketed Bags                       

                                5.2.6 Wraps                       

                                5.2.7 Rollstock                  

                                5.2.8 Y-o-Y Growth Analysis, By Type                     

                                5.2.9 Market Attractiveness Analysis, By Type                   

                                5.2.10 Market Share Analysis, By Type                   

                5.3 Application                                 

                                5.3.1 Introduction                           

                                5.3.2 Food and Beverages                           

                                5.3.3 Healthcare                              

                                5.3.4 Cosmetics & Toiletries                        

                                5.3.5 Other Applications                               

                                5.3.6 Y-o-Y Growth Analysis, By Application                         

                                5.3.7 Market Attractiveness Analysis, By Application                       

                                5.3.8 Market Share Analysis, By Application                        

                5.4 Printing Technology                                                

                                5.4.1 Introduction                           

                                5.4.2 Flexography                           

                                5.4.3 Rotogravure                           

                                5.4.4 Digital Printing                       

                                5.4.5 Other Printing Technologies                            

                                5.4.6 Y-o-Y Growth Analysis, By Printing Technology                       

                                5.4.7 Market Attractiveness Analysis, By Printing Technology                     

                                5.4.8 Market Share Analysis, By Printing Technology                       

6. Geographical Analysis                                                              

                6.1 Introduction                                               

                                6.1.1 Regional Trends                    

                                6.1.2 Impact Analysis                     

                                6.1.3 Y-o-Y Growth Analysis                        

                                                6.1.3.1 By Geographical Area     

                                                6.1.3.2 By Material          

                                                6.1.3.3 By Type 

                                                6.1.3.4 By Application    

                                                6.1.3.5 By Printing Technology   

                                6.1.4  Market Attractiveness Analysis                     

                                                6.1.4.1 By Geographical Area     

                                                6.1.4.2 By Material          

                                                6.1.4.3 By Type 

                                                6.1.4.4 By Application    

                                                6.1.4.5 By Printing Technology   

                                6.1.5  Market Share Analysis                      

                                                6.1.5.1 By Geographical Area     

                                                6.1.5.2 By Material          

                                                6.1.5.3 By Type 

                                                6.1.5.4 By Application    

                                                6.1.5.5 By Printing Technology   

                6.2 United States                                            

                6.3 Canada                                         

7. Strategic Analysis                                                       

                7.1 PESTLE analysis                                         

                                7.1.1 Political                     

                                7.1.2 Economic                 

                                7.1.3 Social                         

                                7.1.4 Technological                         

                                7.1.5 Legal                          

                                7.1.6 Environmental                       

                7.2 Porter’s Five analysis                                              

                                7.2.1 Bargaining Power of Suppliers                        

                                7.2.2 Bargaining Power of Consumers                    

                                7.2.3 Threat of New Entrants                     

                                7.2.4 Threat of Substitute Products and Services                              

                                7.2.5 Competitive Rivalry within the Industry                     

8. Market Leaders' Analysis                                                        

                8.1 Amcor Limited                                           

                                8.1.1 Overview                 

                                8.1.2 Product Analysis                   

                                8.1.3 Financial analysis                  

                                8.1.4 Recent Developments                       

                                8.1.5 SWOT analysis                       

                                8.1.6 Analyst View                          

                8.2 Bemis Company Inc.                                               

                8.3 Constantia Flexibles Group GmbH                                    

                8.4 Sealed Air Corporation                                          

                8.5 Huhtamäki Oyj                                          

                8.6 Coveris Holdings S.A.                                              

                8.7 Sonoco Products Company                                  

                8.8 Berry Plastics Group Inc.                                       

                8.9 Mondi Group                                             

                8.10 Reynolds Group Holdings.                                                 

9. Competitive Landscape                                                           

                9.1 Market share analysis                                            

                9.2 Merger and Acquisition Analysis                                       

                9.3 Agreements, collaborations, and Joint Ventures  

                9.4 New Product Launches                                         

10. Market Outlook and Investment Opportunities                                                         

Appendix                                                           

                a) List of Tables                                

                b) List of Figures                                              

  1. North America Flexible Packaging Market By Type , From 2022 - 2027 ( USD Billion )

  2. North America Stand-Up Pouches Market By Region, From 2022 - 2027 ( USD Billion )

  3. North America Flat Pouches Market By Region, From 2022 - 2027 ( USD Billion )

  4. North America Gusseted Bags Market By Region, From 2022 - 2027 ( USD Billion )

  5. North America Wicketed Bags Market By Region, From 2022 - 2027 ( USD Billion )

  6. North America Wraps Market By Region, From 2022 - 2027 ( USD Billion )

  7. North America Rollstock  Market By Region, From 2022 - 2027 ( USD Billion )

  8. North America Flexible Packaging Market By Material, From 2022 - 2027 ( USD Billion )

  9. North America Plastic Films Market By Region, From 2022 - 2027 ( USD Billion )

  10. North America Paper Market By Region, From 2022 - 2027 ( USD Billion )

  11. North America Aluminum Foil Market By Region, From 2022 - 2027 ( USD Billion )

  12. North America Bioplastics Market By Region, From 2022 - 2027 ( USD Billion )

  13. North America Flexible Packaging Market By Printing Technology, From 2022 - 2027 ( USD Billion )

  14. North America Flexography Market By Region, From 2022 - 2027 ( USD Billion )

  15. North America Rotogravure Market By Region, From 2022 - 2027 ( USD Billion )

  16. North America Digital Printing Market By Region, From 2022 - 2027 ( USD Billion )

  17. North America Other Printing Technologies Market By Region, From 2022 - 2027 ( USD Billion )

  18. North America Flexible Packaging Market By Application, From 2022 - 2027 ( USD Billion )

  19. North America Food and Beverages Market By Region, From 2022 - 2027 ( USD Billion )

  20. North America Healthcare Market By Region, From 2022 - 2027 ( USD Billion )

  21. North America Cosmetics & Toiletries Market By Region, From 2022 - 2027 ( USD Billion )

  22. North America Other Applications Market By Region, From 2022 - 2027 ( USD Billion )

  23. United States Flexible Packaging Market By Type , From 2022 - 2027 ( USD Billion )

  24. United States Flexible Packaging Market By Material, From 2022 - 2027 ( USD Billion )

  25. United States Flexible Packaging Market By Printing Technology, From 2022 - 2027 ( USD Billion )

  26. United States Flexible Packaging Market By Application, From 2022 - 2027 ( USD Billion )

  27. Canada Flexible Packaging Market By Type , From 2022 - 2027 ( USD Billion )

  28. Canada Flexible Packaging Market By Material, From 2022 - 2027 ( USD Billion )

  29. Canada Flexible Packaging Market By Printing Technology, From 2022 - 2027 ( USD Billion )

  30. Canada Flexible Packaging Market By Application, From 2022 - 2027 ( USD Billion )

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