North America Flexible Packaging Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Material (Plastics, Paper, Aluminum Foils, and Others), Product Type (Pouches, Bags, Films and Wraps, and Others), and Application (Food and Beverages, Medical and Pharmaceutical, Personal Care and Cosmetic, Industrial, and Others)
The North America flexible packaging market is expected to grow from US$ 43,999.48 million in 2021 to US$ 58,888.76 million by 2028. It is estimated to grow at a CAGR of 4.3% from 2021 to 2028.
The on-the-go snacking concept is closely associated with the easy consumption and handling of food products. Thus, the demand for convenience food products is increasing due to the linked convenience of consumption, aided by flexible and disposable packaging that prevents the bars, rolls, drinks, and many products from coming in contact with hands, keeping them clean to work simultaneously. Also, working professionals increasingly seek tasty, nutritional, and sustainable foods to fuel their on-the-go lifestyles.
Moreover, flexible packaging of food and beverage products is more convenient for end users to handle them safely and appropriately. Flexible packaging comes in various materials, shapes, and sizes and is typically produced in either formed or unformed configurations. Formed products are pre-shaped with the option of filling and sealing yourself in-house, while unformed products usually come on a roll sent to co-packers for forming and filling. The materials used in flexible packaging are easy to manipulate and combine into innovative and customizable styles, such as pouches, sachets, printed roll stocks, stock bags, and others. So, increasing demand for snacks and convenience foods and beverages is expected to fuel the market growth across the region.
With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the North America flexible packaging market at a good CAGR during the forecast period.
North America Flexible Packaging Market Revenue and Forecast to 2028 (US$ Million)
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North America Flexible Packaging Market Segmentation
The North America flexible packaging market is segmented based on material, product type, application, and country. Based on material, the market is segmented into plastics, paper, aluminum foils, and others. The plastic segment dominated the market in 2021.
Based on product type, the market is segmented into pouches, bags, films and wraps, and others. The bags segment dominated the market in 2021.
Based on application, the market is segmented into food and beverages, medical and pharmaceutical, personal care and cosmetic, industrial, and others. The food and beverages segment dominated the market in 2021.
Based on country, the regional market is segmented into the US, Canada, and Mexico. The US dominated the market in 2021.
Amcor plc, Berry Global Inc., Constantia Flexibles, Flexpak services, Huhtamaki, Mondi, Sealed Air, Sonoco Products Company, and Transcontinental Inc. are the leading companies in the regional market.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 North America Flexible packaging Market, by Material
1.3.2 North America Flexible packaging Market, by Product Type
1.3.3 North America Flexible packaging Market, by Application
1.3.4 North America Flexible packaging Market, by Country
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. North America Flexible Packaging Market Landscape
4.1 Market Overview
4.2 Porter's Five Forces Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. North America Flexible Packaging Market – Key Market Dynamics
5.1 Key Market Drivers
5.1.1 Cost Effectiveness and Increased Product Shelf-Life
5.1.2 Growing Demand for Snacks and Convenience Foods and Beverages
5.2 Key Market Restraints
5.2.1 Variation in Raw Material Prices
5.3 Key Market Opportunities
5.3.1 Growing Flexible Packaging Applications
5.4 Key Market Trend
5.4.1 Growing Retail Sector Through E-Commerce
5.5 Impact Analysis
6. Flexible Packaging Market – North America Analysis
6.1 North America Flexible Packaging Market –Revenue and Forecast to 2028 (US$ Mn)
7. North America Flexible Packaging Market Analysis – By Material
7.1 Overview
7.2 North America Flexible Packaging Market, By Material (2020 and 2028)
7.3 Plastics
7.3.1 Overview
7.3.2 Plastics: Flexible Packaging Market – Revenue and Forecast to 2028 (US$ Mn)
7.4 Paper
7.4.1 Overview
7.4.2 Paper: Flexible Packaging Market – Revenue and Forecast to 2028 (US$ Mn)
7.5 Aluminum Foils
7.5.1 Overview
7.5.2 Aluminum Foils: Flexible Packaging Market – Revenue and Forecast to 2028 (US$ Mn)
7.6 Others
7.6.1 Overview
7.6.2 Others: Flexible Packaging Market – Revenue and Forecast to 2028 (US$ Mn)
8. North America Flexible Packaging Market Analysis – By Product Type
8.1 Overview
8.2 North America Flexible Packaging Market, By Product Type (2020 and 2028)
8.3 Pouches
8.3.1 Overview
8.3.2 Pouches: Flexible Packaging Market – Revenue and Forecast to 2028 (US$ Mn)
8.4 Bags
8.4.1 Overview
8.4.2 Bags: Flexible Packaging Market – Revenue and Forecast to 2028 (US$ Mn)
8.5 Films and Wraps
8.5.1 Overview
8.5.2 Films and Wraps: Flexible Packaging Market – Revenue and Forecast to 2028 (US$ Mn)
8.6 Others
8.6.1 Overview
8.6.2 Others: Flexible Packaging Market – Revenue and Forecast to 2028 (US$ Mn)
9. North America Flexible Packaging Market Analysis – By Application
9.1 Overview
9.2 North America Flexible Packaging Market, By Application (2020 and 2028)
9.3 Food and Beverages
9.3.1 Overview
9.3.2 Food and Beverages: Flexible Packaging Market – Revenue and Forecast to 2028 (US$ Mn)
9.4 Medical and Pharmaceuticals
9.4.1 Overview
9.4.2 Medical and Pharmaceuticals: Flexible Packaging Market – Revenue and Forecast to 2028 (US$ Mn)
9.5 Personal Care and Cosmetics
9.5.1 Overview
9.5.2 Personal Care and Cosmetics: Flexible Packaging Market – Revenue and Forecast to 2028 (US$ Mn)
9.6 Industrial
9.6.1 Overview
9.6.2 Industrial: Flexible Packaging Market – Revenue and Forecast to 2028 (US$ Mn)
9.7 Others
9.7.1 Overview
9.7.2 Others: Flexible Packaging Market – Revenue and Forecast to 2028 (US$ Mn)
10. North America Flexible Packaging Market – Country Analysis
10.1 Overview
10.1.1 North America: Flexible Packaging Market , by Key Country
10.1.1.1 US: Flexible Packaging Market –Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 US: Flexible Packaging Market , by Material
10.1.1.1.2 US: Flexible Packaging Market , by Product Type
10.1.1.1.3 US: Flexible Packaging Market , by Application
10.1.1.2 Canada: Flexible Packaging Market –Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 Canada: Flexible Packaging Market, by Material
10.1.1.2.2 Canada: Flexible Packaging Market, by Product Type
10.1.1.2.3 Canada: Flexible Packaging Market, by Application
10.1.1.3 Mexico: Flexible Packaging Market –Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 Mexico: Flexible Packaging Market, by Material
10.1.1.3.2 Mexico: Flexible Packaging Market, by Product Type
10.1.1.3.3 Mexico: Flexible Packaging Market, by Application
11. Company Profiles
11.1 Amcor plc
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Huhtamaki
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Mondi
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Berry Global Inc.
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Sealed Air
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Sonoco Products Company
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Constantia Flexibles
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 Flexpak Services
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 Transcontinental Inc.
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
12. Appendix
12.1 About the Insight Partners
12.2 Glossary
LIST OF TABLES
Table 1. North America Flexible Packaging Market, Revenue and Forecast, 2019–2028 (US$ Mn)
Table 2. US Flexible Packaging Market , by Material – Revenue and Forecast to 2028 (USD Million)
Table 3. US Flexible Packaging Market , by Product Type – Revenue and Forecast to 2028 (USD Million)
Table 4. US Flexible Packaging Market , by Application – Revenue and Forecast to 2028 (USD Million)
Table 5. Canada: Flexible Packaging Market, by Material – Revenue and Forecast to 2028 (USD Million)
Table 6. Canada Flexible Packaging Market, by Product Type – Revenue and Forecast to 2028 (USD Million)
Table 7. Canada Flexible Packaging Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 8. Mexico Flexible Packaging Market, by Material – Revenue and Forecast to 2028 (USD Million)
Table 9. Mexico Flexible Packaging Market, by Product Type – Revenue and Forecast to 2028 (USD Million)
Table 10. Mexico Flexible Packaging Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 11. Glossary of Terms
LIST OF FIGURES
Figure 1. North America Flexible Packaging Market Segmentation
Figure 2. North America Flexible packaging Market Segmentation – By Country
Figure 3. North America Flexible packaging Market Overview
Figure 4. North America Flexible Packaging Market, By Application
Figure 5. North America Flexible Packaging Market, By Country
Figure 6. Porter's Five Forces Analysis
Figure 7. North America Flexible Packaging Market - Ecosystem
Figure 8. Expert Opinion
Figure 9. North America Flexible Packaging Market Impact Analysis of Drivers and Restraints
Figure 10. North America Flexible Packaging Market – Revenue and Forecast to 2028 (US$ Mn)
Figure 11. North America Flexible Packaging Market Revenue Share, By Material (2020 and 2028)
Figure 12. North America Plastics: Flexible Packaging Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 13. North America Paper: Flexible Packaging Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 14. North America Aluminum foils: Flexible Packaging Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 15. North America Others: Flexible Packaging Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 16. North America Flexible Packaging Market Revenue Share, By Product Type (2020 and 2028)
Figure 17. North America Pouches: Flexible Packaging Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 18. North America Bags: Flexible Packaging Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 19. North America Films and Wraps: Flexible Packaging Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 20. North America Others: Flexible Packaging Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 21. North America Flexible Packaging Market Revenue Share, By Application (2020 and 2028)
Figure 22. North America Food and Beverages: Flexible Packaging Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 23. North America Medical and Pharmaceuticals: Flexible Packaging Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 24. North America Personal care and Cosmetics: Flexible Packaging Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 25. North America Industrial: Flexible Packaging Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 26. North America Others: Flexible Packaging Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 27. North America: Flexible Packaging Market, by Key Country – Revenue (2020) (US$ Million)
Figure 28. North America: Flexible Packaging Market Revenue Share, by Key Country (2020 and 2028)
Figure 29. US: Flexible Packaging Market –Revenue and Forecast to 2028 (US$ Million)
Figure 30. Canada: Flexible Packaging Market –Revenue and Forecast to 2028 (US$ Million)
Figure 31. Mexico: Flexible Packaging Market –Revenue and Forecast to 2028 (US$ Million)
- Amcor plc
- Berry Global Inc.
- Constantia Flexibles
- Flexpak services
- Huhtamaki
- Mondi
- Sealed Air
- Sonoco Products Company
- Transcontinental Inc.
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America flexible packaging market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the North America flexible packaging market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth North America market trends and outlook coupled with the factors driving the flexible packaging market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution