Market Overview:
United States flexible packaging market size is projected to exhibit a growth rate (CAGR) of 4.69% during 2024-2032. The increasing demand for convenient and easy to use packaging solutions, the surge in online shopping, ongoing shift towards sustainable practices, recent innovations in barrier technology, and changing urban lifestyles represent some of the key factors driving the market.
Report Attribute
|
Key Statistics
|
Base Year
|
2023 |
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Growth Rate (2024-2032) |
4.69% |
Flexible packaging refers to a type of packaging solution that utilizes non-rigid materials, which can easily change shape. It is made from different materials like plastic, paper, and aluminum. Flexible packaging is available in different types, including pouches, bags, films, and wraps, among others. It is characterized by different features, such as lightweight, durability, and the ability to conform to the shape of the product. Flexible packaging is widely used for food and beverage (F&B), pharmaceuticals, personal care, household products, industrial applications, and agricultural use. It offers several benefits, such as enhanced shelf life, convenience, improved product protection, cost-effectiveness, and reduced transportation costs. Additionally, flexible packaging is known for its sustainability, space efficiency, lightweight nature, and adaptability to various product forms.
United States Flexible Packaging Market Trends:
The increasing demand for convenient and easy-to-use packaging solutions is facilitating produce demand as it offers resealable closures, portability, and easy storage. Additionally, the surge in online shopping, prompting the need for durable and lightweight packaging, is boosting the market growth. Besides this, the ongoing shift towards sustainable practices, which is promoting the use of recyclable and biodegradable materials in flexible packaging, is catalyzing the market growth. Furthermore, recent innovations in barrier technologies and material science, which enhance the functionality of flexible packaging, making it more appealing, are positively influencing the market growth. In addition, the heightened awareness about the ability of flexible packaging to preserve freshness and extend the shelf life of food products is bolstering the market growth. Apart from this, the widespread product adoption, owing to its cost-effectiveness in terms of production, transportation, and storage, is contributing to the market growth. Moreover, the growing product demand, due to its ability to customize shapes and print high-quality graphics, is acting as another growth-inducing factor. Along with this, the widespread product utilization in the healthcare and pharmaceutical industry for sterile and tamper-evident packaging is strengthening the market growth. Additionally, the changing urban lifestyles, which demand convenient packaging for fast-paced lives, are driving the market growth. Furthermore, the significant growth of the retail sector, especially in food and beverage (F&B), which necessitates efficient and attractive packaging solutions, is fueling the market growth. Besides this, the imposition of stringent regulations by the governments regarding food safety and packaging waste reduction is favoring the market growth. In addition to this, recent developments in multi-layer films and barrier properties that are enhancing product protection and shelf life are providing a considerable boost to the market growth.
United States Flexible Packaging Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on product type, raw material, printing technology, and application.
Product Type Insights:
- Printed Rollstock
- Preformed Bags and Pouches
- Others
The report has provided a detailed breakup and analysis of the market based on the product type. This includes printed rollstock, preformed bags and pouches, and others.
Raw Material Insights:
- Plastic
- Paper
- Aluminium Foil
- Cellulose
A detailed breakup and analysis of the market based on raw material have also been provided in the report. This includes plastic, paper, aluminium foil, and cellulose.
Printing Technology Insights:
- Flexography
- Rotogravure
- Digital
- Others
The report has provided a detailed breakup and analysis of the market based on printing technology. This includes flexography, rotogravure, digital, and others.
Application Insights:
- Food and Beverages
- Pharmaceuticals
- Cosmetics
- Others
A detailed breakup and analysis of the market based on applications have also been provided in the report. This includes food and beverages, pharmaceuticals, cosmetics, and others.
Regional Insights:
- Northeast
- Midwest
- South
- West
The report has also provided a comprehensive analysis of all the major regional markets, which include the Northeast, Midwest, South, and West.
Competitive Landscape:
The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
United States Flexible Packaging Market Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Million |
Scope of the Report |
Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
- Product Type
- Raw Material
- Printing Technology
- Application
- Region
|
Product Types Covered |
Printed Rollstock, Preformed Bags and Pouches, Others |
Raw Materials Covered |
Plastic, Paper, Aluminium Foil, Cellulose |
Printing Technologies Covered |
Flexography, Rotogravure, Digital, Others |
Applications Covered |
Food and Beverages, Pharmaceuticals, Cosmetics, Others |
Regions Covered |
Northeast, Midwest, South, West |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the United States flexible packaging market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the United States flexible packaging market?
- What is the breakup of the United States flexible packaging market on the basis of product type?
- What is the breakup of the United States flexible packaging market on the basis of raw material?
- What is the breakup of the United States flexible packaging market on the basis of printing technology?
- What is the breakup of the United States flexible packaging market on the basis of application?
- What are the various stages in the value chain of the United States flexible packaging market?
- What are the key driving factors and challenges in the United States flexible packaging?
- What is the structure of the United States flexible packaging market and who are the key players?
- What is the degree of competition in the United States flexible packaging market?
Key Benefits for Stakeholders:
- IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the United States flexible packaging market from 2018-2032.
- The research report provides the latest information on the market drivers, challenges, and opportunities in the United States flexible packaging market.
- Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the United States flexible packaging industry and its attractiveness.
- A competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.