Flexible Packaging Market in North America- Industry Outlook and Forecast 2019-2024
The North America flexible packaging market is expected to reach close to over $42 billion by 2024
The increasing demand for lightweight packaging from food, pharmaceuticals, and other end-users is a major driver for the growth of the North America flexible packaging market. Also, the adoption of advanced packaging, which removes dispensing errors is expected to drive the market. Anti-counterfeiting with the use of barcodes is an important factor driving the use of blister packs in North America flexible packaging market. The increased pressure on F&B, consumers good, and pharmaceutical companies to reduce dependency on plastic is increasing on a regular basis, and the same has been passed on to packaging vendors. Sustainability is not limited to material, but also extends to the production process, logistics, functionality, and end-user of the product. The need to positively impact the environment is high among both buyers and suppliers. Sustainable flexible packaging is currently more dependent on recovering plastic products and recycling them. Bags, pouches, and films are the major products in demand in North America, with the PE, PET, paper, Tyvek, and PA being the materials of choice in healthcare packaging in North America. The wide adoption of blister packaging, replacing the glass and rigid plastics, has resulted in the increased usage of lidding films. Flexible packaging is a solution that has successfully replaced rigid packaging products at many levels. Cost and environmental impact are the major factors for the high demand for lightweight, flexible packaging material
The following factors are likely to contribute to the growth of the North America flexible packaging market during the forecast period:
The study considers the present scenario of the North America flexible packaging market and its market dynamics for the period 2018−2024. It covers a detailed overview of several market growth enablers, restraints, and trends. The report covers both the demand and supply aspect of the market. The study profiles and examines leading companies and other prominent companies operating in the market.
North America Flexible Packaging Market: Segmentation
The market research report includes detailed market segmentation by material, product, end-user, printing, packaging, and geography. The food industry is the major revenue generator in the flexible plastic segment. With respect to flat pouches, four-side seal pouches are expected to witness the highest growth rate driven by packaging application of meat, poultry, and seafood items. Flexible paper packaging has wide applications in the healthcare sector and tobacco and CPG packaging. In North America, the usage of paper wraps in the foodservice industry is growing at an annual rate of 8−10%, which is largely driven by the demand from pet food and dry food sectors.
The consumer packaging segment accounts for a major share in the North America flexible packaging market. The consumer packaging segment is expected to grow at a faster rate than industrial packaging during the forecast period. The F&B industry dominates the consumer packaging segment in North America. The growing bulk packaging demand is driving the industrial packaging market. Chemicals, F&B, and construction industries are the major end-users of industrial packaging. The presence of low packaging cost and durability features is boosting the flexible intermediate bulk packaging(FIBC) demand across diverse industries. The growth rate of FIBC usage is expected to be high due to the increasing adoption during the forecast period.
The F&B industry dominated the North America flexible packaging market. Cost-effectiveness is an important driver for the wide adoption of flexible packaging in the F&B segment. The increase in quick-service restaurants and retail sectors has boosted the consumption of food items, thereby driving the packaging sector. The demand for flexible packaging is driven by blister packaging adoption. Pharmaceutical blister packaging constitutes around 20% of the global pharmaceutical packaging market. The flexible packaging market by healthcare is expected to grow due to the increased demand for child-resistance packaging and senior-friendly functionalities. Skincare, hair care, and bathing products are driving the demand for flexible packaging in the personal care industry. The usage of flexible plastic as secondary packaging has increased in recent years. Although the usage of rigid plastics is high in the personal care industry, the growth of e-commerce in North America is expected to fuel the demand for flexible plastic pouches. The increased demand for premium pet food products requires high-barrier protection, which has been catered by flexible pouches with multi-layers of plastic, aluminum, and paper by way extrusion, lamination, and/or a combination. The increase in pet ownership and the emergence of new products with higher nutrition are likely to drive driving the pet food packaging market.
The market is largely influenced by monolayer PE films that do not require advanced packaging machinery. The North America flexible packaging market by bags and sacks is expected to grow at a CAGR of 3.01%. The food industry accounts for the highest share in pouch usage in both the US and Canada. The ease of use has enabled blister packs to emerge as the fastest-growing segment in the pharmaceutical sector, with over 60% share in the solid drugs category.
In North America, there is a slight decline in the offset printing inks market, while the market for packaging inks, such as flexographic and gravure inks is expected to increase during the forecast period. Flexographic printing is widely adopted in North America and South America. The high adaptability of flexographic printing can be attributed to factors such as low operational cost and excellent print capabilities.
Market Segmentation by Material
Challenges related to regulatory compliance are influencing the dynamics of the North America flexible packaging market. The market witnessed consolidation with leading vendors opting for inorganic growth in 2017. The North America flexible packaging market is expected to witness moderate growth. The North American economy has performed well over the years, thereby increasing the per capita consumer spend. The flexible packaging market in US reported a total pack sale of more than 142 billion units in 2018. The demand scenario in Canada is similar to the US, with the F&B industry dominating the flexible packaging market.
Key Profiled Countries
With the presence of a few vendors, the flexible packaging market has breached the $1 billion mark in revenue. SMEs dominate the majority of segments of the market. Major players have been aggressively adopting inorganic growth strategies to expand their operations. The industry has witnessed several M&A transactions in the last few years; the consolidation is expected to further grow during 2020−2024. Regulatory policies for recycling and reusing packaging materials will be favorable to vendors. Currently, the market lacks advanced infrastructure for recycling. However, many vendors are expected to shift completely to green packaging materials by 2025. The penetration of bio-based plastics in several end-user categories is expected to increase and favorably influence early movers in the industry.
Key Vendors
The report provides the following insights into the North America flexible packaging market for the forecast period 2019–2024.
The increasing demand for lightweight packaging from food, pharmaceuticals, and other end-users is a major driver for the growth of the North America flexible packaging market. Also, the adoption of advanced packaging, which removes dispensing errors is expected to drive the market. Anti-counterfeiting with the use of barcodes is an important factor driving the use of blister packs in North America flexible packaging market. The increased pressure on F&B, consumers good, and pharmaceutical companies to reduce dependency on plastic is increasing on a regular basis, and the same has been passed on to packaging vendors. Sustainability is not limited to material, but also extends to the production process, logistics, functionality, and end-user of the product. The need to positively impact the environment is high among both buyers and suppliers. Sustainable flexible packaging is currently more dependent on recovering plastic products and recycling them. Bags, pouches, and films are the major products in demand in North America, with the PE, PET, paper, Tyvek, and PA being the materials of choice in healthcare packaging in North America. The wide adoption of blister packaging, replacing the glass and rigid plastics, has resulted in the increased usage of lidding films. Flexible packaging is a solution that has successfully replaced rigid packaging products at many levels. Cost and environmental impact are the major factors for the high demand for lightweight, flexible packaging material
The following factors are likely to contribute to the growth of the North America flexible packaging market during the forecast period:
- Increased Adoption of Pouches Across Industries
- Increase in Processed & Packaged Food
- Usage of High-barrier Plastic Packaging Materials
- Increasing Adoption of Flexible Packaging over Rigid
The study considers the present scenario of the North America flexible packaging market and its market dynamics for the period 2018−2024. It covers a detailed overview of several market growth enablers, restraints, and trends. The report covers both the demand and supply aspect of the market. The study profiles and examines leading companies and other prominent companies operating in the market.
North America Flexible Packaging Market: Segmentation
The market research report includes detailed market segmentation by material, product, end-user, printing, packaging, and geography. The food industry is the major revenue generator in the flexible plastic segment. With respect to flat pouches, four-side seal pouches are expected to witness the highest growth rate driven by packaging application of meat, poultry, and seafood items. Flexible paper packaging has wide applications in the healthcare sector and tobacco and CPG packaging. In North America, the usage of paper wraps in the foodservice industry is growing at an annual rate of 8−10%, which is largely driven by the demand from pet food and dry food sectors.
The consumer packaging segment accounts for a major share in the North America flexible packaging market. The consumer packaging segment is expected to grow at a faster rate than industrial packaging during the forecast period. The F&B industry dominates the consumer packaging segment in North America. The growing bulk packaging demand is driving the industrial packaging market. Chemicals, F&B, and construction industries are the major end-users of industrial packaging. The presence of low packaging cost and durability features is boosting the flexible intermediate bulk packaging(FIBC) demand across diverse industries. The growth rate of FIBC usage is expected to be high due to the increasing adoption during the forecast period.
The F&B industry dominated the North America flexible packaging market. Cost-effectiveness is an important driver for the wide adoption of flexible packaging in the F&B segment. The increase in quick-service restaurants and retail sectors has boosted the consumption of food items, thereby driving the packaging sector. The demand for flexible packaging is driven by blister packaging adoption. Pharmaceutical blister packaging constitutes around 20% of the global pharmaceutical packaging market. The flexible packaging market by healthcare is expected to grow due to the increased demand for child-resistance packaging and senior-friendly functionalities. Skincare, hair care, and bathing products are driving the demand for flexible packaging in the personal care industry. The usage of flexible plastic as secondary packaging has increased in recent years. Although the usage of rigid plastics is high in the personal care industry, the growth of e-commerce in North America is expected to fuel the demand for flexible plastic pouches. The increased demand for premium pet food products requires high-barrier protection, which has been catered by flexible pouches with multi-layers of plastic, aluminum, and paper by way extrusion, lamination, and/or a combination. The increase in pet ownership and the emergence of new products with higher nutrition are likely to drive driving the pet food packaging market.
The market is largely influenced by monolayer PE films that do not require advanced packaging machinery. The North America flexible packaging market by bags and sacks is expected to grow at a CAGR of 3.01%. The food industry accounts for the highest share in pouch usage in both the US and Canada. The ease of use has enabled blister packs to emerge as the fastest-growing segment in the pharmaceutical sector, with over 60% share in the solid drugs category.
In North America, there is a slight decline in the offset printing inks market, while the market for packaging inks, such as flexographic and gravure inks is expected to increase during the forecast period. Flexographic printing is widely adopted in North America and South America. The high adaptability of flexographic printing can be attributed to factors such as low operational cost and excellent print capabilities.
Market Segmentation by Material
- Flexible Plastic
- Flexible Paper
- Foils
- Consumer Packaging
- Industrial Packaging
- Food and Beverages
- Petfood
- Healthcare
- Personal Care
- Other End-users
- Bags and Sacks
- Pouches
- Others
- Flexography
- Rotogravure and others
Challenges related to regulatory compliance are influencing the dynamics of the North America flexible packaging market. The market witnessed consolidation with leading vendors opting for inorganic growth in 2017. The North America flexible packaging market is expected to witness moderate growth. The North American economy has performed well over the years, thereby increasing the per capita consumer spend. The flexible packaging market in US reported a total pack sale of more than 142 billion units in 2018. The demand scenario in Canada is similar to the US, with the F&B industry dominating the flexible packaging market.
Key Profiled Countries
- Canada
- US
With the presence of a few vendors, the flexible packaging market has breached the $1 billion mark in revenue. SMEs dominate the majority of segments of the market. Major players have been aggressively adopting inorganic growth strategies to expand their operations. The industry has witnessed several M&A transactions in the last few years; the consolidation is expected to further grow during 2020−2024. Regulatory policies for recycling and reusing packaging materials will be favorable to vendors. Currently, the market lacks advanced infrastructure for recycling. However, many vendors are expected to shift completely to green packaging materials by 2025. The penetration of bio-based plastics in several end-user categories is expected to increase and favorably influence early movers in the industry.
Key Vendors
- Amcor
- Berry Global
- Huhtamaki
- Mondi
- Sealed Air
- Sonoco
- TC Transcontinental Packaging
- American Packaging Corporation
- Constantia Flexibles
- Glenroy
- Global-Pak
- Greif
- Innovia Films
- International Paper
- Novolex
- Printpack
- ProAmpac
- Reynolds Group
- RPC Group
- Sigma Plastics
- Smurfit Kappa
- Stora Enso
- WestRock
- Winpak
The report provides the following insights into the North America flexible packaging market for the forecast period 2019–2024.
- Offers market sizing and growth prospects of the North America flexible packaging for the forecast period 2019–2024.
- Provides comprehensive insights on the latest industry trends, market forecast, and growth drivers in the North America flexible packaging market.
- Includes a detailed analysis of market growth drivers, challenges, and investment opportunities.
- Delivers a complete overview of market segments and the regional outlook of the market.
- Offers an exhaustive summary of the vendor landscape, competitive analysis, and key market strategies to gain a competitive advantage in the North America flexible packaging market.
1 RESEARCH METHODOLOGY
2 RESEARCH OBJECTIVES
3 RESEARCH PROCESS
4 SCOPE & COVERAGE
4.1 Market Definition
4.1.1 Inclusions
4.1.2 Exclusions
4.2 Base Year
4.3 Scope of the study
4.4 Market Segments
4.4.1 Market Segmentation by Material
4.4.2 Market Segmentation by Application
4.4.3 Market Segmentation by Flexible Packaging End-users
4.4.4 Market Segmentation by Flexible Packaging Product Type
4.4.5 Market Segmentation by Printing Type
4.4.6 Market Segmentation by Geography
5 REPORT ASSUMPTIONS & CAVEATS
5.1 Key Caveats
5.2 Currency Conversion
5.3 Market Derivation
6 MARKET AT A GLANCE
7 INTRODUCTION
7.1 Overview
7.1.1 Flexible Plastic Packaging
7.1.2 F&B
7.1.3 Pouches
7.2 North America Macro Economic Factors
7.1 Global Macro Economic Factors
8 MARKET DYNAMICS
8.1 Market Growth Enablers
8.1.1 Growth in Packaging Demand From Healthcare Industry
8.1.2 Downgauging of Packaging
8.1.3 Increased Adoption of Pouches Across Industries
8.1.4 Increase in Processed & Packaged Food
8.2 Market Growth Restraints
8.2.1 Recycling Challenges with Flexible Packaging Products
8.2.2 Increased Cost of Operations
8.2.3 Fragmented Marketplace
8.3 Market Opportunities and Trends
8.3.1 Increased Focus on Sustainable Flexible Packaging
8.3.2 Profit Volatility
8.3.3 Use of High-barrier Plastic Packaging Materials
8.3.4 Increasing Adoption of Flexible Packaging over Rigid
9 MARKET LANDSCAPE
9.1 Market Overview
9.2 Market Size & Forecast
9.3 Five Forces Analysis
9.3.1 Threat of New Entrants
9.3.2 Bargaining Power of Suppliers
9.3.3 Bargaining Power of Buyers
9.3.4 Threat of Substitutes
9.3.5 Competitive Rivalry
10 BY MATERIAL
10.1 Market Snapshot & Growth Engine
10.2 Market Overview
10.2.1 Flexible Plastic Packaging
10.2.2 Flexible Paper Packaging
10.2.3 Foil
10.3 Flexible Plastic
10.3.1 Market Size & Forecast
10.4 Flexible Paper
10.4.1 Market Size & Forecast
10.5 Foil
10.5.1 Market Size & Forecast
11 BY APPLICATION
11.1 Market Snapshot & Growth Engine
11.2 Market Overview
11.3 Consumer Packaging
11.3.1 Market Size & Forecast
11.4 Industrial Packaging
11.4.1 Market Size & Forecast
12 BY END-USERS
12.1 Market Snapshot & Growth Engine
12.2 Market Overview
12.2.1 Food & Beverage
12.2.2 Healthcare
12.2.3 Personal Care
12.2.4 Petfood
12.3 Food & Beverage
12.3.1 Market Size & Forecast
12.3.2 Key Insights
12.3.3 North America: Market Size & Forecast by F&B Segments
12.3.4 Bakery and Confectionery: Market Size & Forecast
12.3.5 Meat, Poultry, & Seafood: Market Size & Forecast
12.3.6 Dairy: Market Size & Forecast
12.3.7 RTE: Market Size & Forecast
12.3.8 Frozen Food: Market Size & Forecast
12.3.9 Tea and Coffee: Market Size & Forecast
12.3.10 Others: Market Size & Forecast
12.4 Healthcare
12.4.1 Market Size & Forecast
12.5 Personal Care
12.5.1 Market Size & Forecast
12.6 Petfood
12.6.1 Market Size & Forecast
12.7 Other End-Users
12.7.1 Market Size & Forecast
13 BY PRODUCT TYPE
13.1 Market Snapshot & Growth Engine
13.2 Market Overview
13.2.1 Key Insights
13.3 Bags & Sacks
13.3.1 Market Size & Forecast
13.4 Pouches
13.4.1 Market Size & Forecast
13.5 Other Product Types
13.5.1 Market Size & Forecast
14 BY PRINTING TYPE
14.1 Market Snapshot & Growth Engine
14.2 Market Overview
14.3 Flexographic Printing
14.3.1 Market Size & Forecast (Volume)
14.4 Rotogravure Printing and Others
14.4.1 Market Size & Forecast (Volume)
15 BY GEOGRAPHY
15.1 Market Snapshot & Growth Engine
15.2 Overview
15.2.1 Key Insights
16 UNITED STATES
16.1 Market Overview
16.2 Market Size & Forecast
16.2.1 F&B: Market Size and Forecast
16.2.2 Healthcare: Market Size and Forecast
16.2.3 Industrial Goods: Market Size and Forecast
16.2.4 Personal Care: Market Size and Forecast
16.2.5 Petfood: Market Size and Forecast
16.2.6 Other End-Users: Market Size and Forecast
16.2.7 US: Market Size & Forecast by End-users
16.2.8 US: Market Size & Forecast by Product Type
16.2.9 US: Market Size & Forecast by Application
17 CANADA
17.1 Market Overview
17.1.1 Key Insights
17.2 Market Size & Forecast
17.2.1 Canada: Market Size & Forecast by Product Type
17.2.2 Canada: Market Size & Forecast by Application
17.2.3 Canada: Market Size & Forecast by Consumer Packaging End-users
18 COMPETITIVE LANDSCAPE
18.1 Competition Overview
19 KEY COMPANY PROFILES
19.1 Amcor
19.1.1 Business Overview
19.1.2 Major Product Offerings
19.1.3 Key Strengths
19.1.4 Key Strategies
19.1.5 Key Opportunities
19.2 Berry Global
19.2.1 Business Overview
19.2.2 Major Product Offerings
19.2.3 Key Strengths
19.2.4 Key Strategies
19.2.5 Key Opportunities
19.3 Mondi
19.3.1 Business Overview
19.3.2 Major Product Offerings
19.3.3 Key Strengths
19.3.4 Key Strategies
19.3.5 Key Opportunities
19.4 Sealed Air
19.4.1 Business Overview
19.4.2 Major Product Offerings
19.4.3 Key Strengths
19.4.4 Key Strategies
19.4.5 Key Opportunities
19.5 TC Transcontinental
19.5.1 Business Overview
19.5.2 Major Product Offerings
19.5.3 Key Strengths
19.5.4 Key Strategies
19.5.5 Key Opportunities
19.6 Sonoco
19.6.1 Business Overview
19.6.2 Major Product Offerings
19.6.3 Key Strengths
19.6.4 Key Strategies
19.6.5 Key Opportunities
19.7 Huhtamaki
19.7.1 Business Overview
19.7.2 Major Product Offerings
19.7.3 Key Strengths
19.7.4 Key Strategies
19.7.5 Key Opportunities
20 OTHER PROMINENT VENDORS
20.1 Constantia Flexibles
20.1.1 Business Overview
20.1.2 Product Offerings
20.2 Printpack
20.2.1 Business Overview
20.2.2 Product Offerings
20.3 International Paper
20.3.1 Business Overview
20.3.2 Product Offerings
20.4 Smurfit Kappa
20.4.1 Business Overview
20.4.2 Product Offerings
20.5 ProAmpac
20.5.1 Business Overview
20.5.2 Product Offerings
20.6 Reynolds Group
20.6.1 Business Overview
20.6.2 Product Offerings
20.7 Novolex
20.7.1 Business Overview
20.7.2 Product Offerings
20.8 Sigma Plastics
20.8.1 Business Overview
20.8.2 Product Offerings
20.9 Glenroy
20.9.1 Business Overview
20.9.2 Product Offerings
20.10 Winpak
20.10.1 Business Overview
20.10.2 Product Offerings
20.11 RPC Group
20.11.1 Business Overview
20.11.2 Product Offerings
20.12 Greif
20.12.1 Business Overview
20.12.2 Product Offerings
20.13 Stora Enso
20.13.1 Business Overview
20.13.2 Product Offerings
20.14 Innovia Films
20.14.1 Business Overview
20.14.2 Product Offerings
20.15 Global-Pak
20.15.1 Business Overview
20.15.2 Product Offerings
20.16 American Packaging Corporation
20.16.1 Business Overview
20.16.2 Product Offerings
20.17 WestRock
20.17.1 Business Overview
20.17.2 Major Product Offerings
21 REPORT SUMMARY
21.1 Key Takeaways
21.2 Quantitative Summary
21.2.1 Market Size: Material
21.2.2 Market Size: Application
21.2.3 Market Size: End-Users
21.2.4 Market Size: Product Type
21.2.5 Market Size: Printing Type
21.2.6 Market Size: Country
21.2.7 Market Size: US
21.2.8 Market Size: Canada
22 APPENDIX
22.1 Abbreviations
2 RESEARCH OBJECTIVES
3 RESEARCH PROCESS
4 SCOPE & COVERAGE
4.1 Market Definition
4.1.1 Inclusions
4.1.2 Exclusions
4.2 Base Year
4.3 Scope of the study
4.4 Market Segments
4.4.1 Market Segmentation by Material
4.4.2 Market Segmentation by Application
4.4.3 Market Segmentation by Flexible Packaging End-users
4.4.4 Market Segmentation by Flexible Packaging Product Type
4.4.5 Market Segmentation by Printing Type
4.4.6 Market Segmentation by Geography
5 REPORT ASSUMPTIONS & CAVEATS
5.1 Key Caveats
5.2 Currency Conversion
5.3 Market Derivation
6 MARKET AT A GLANCE
7 INTRODUCTION
7.1 Overview
7.1.1 Flexible Plastic Packaging
7.1.2 F&B
7.1.3 Pouches
7.2 North America Macro Economic Factors
7.1 Global Macro Economic Factors
8 MARKET DYNAMICS
8.1 Market Growth Enablers
8.1.1 Growth in Packaging Demand From Healthcare Industry
8.1.2 Downgauging of Packaging
8.1.3 Increased Adoption of Pouches Across Industries
8.1.4 Increase in Processed & Packaged Food
8.2 Market Growth Restraints
8.2.1 Recycling Challenges with Flexible Packaging Products
8.2.2 Increased Cost of Operations
8.2.3 Fragmented Marketplace
8.3 Market Opportunities and Trends
8.3.1 Increased Focus on Sustainable Flexible Packaging
8.3.2 Profit Volatility
8.3.3 Use of High-barrier Plastic Packaging Materials
8.3.4 Increasing Adoption of Flexible Packaging over Rigid
9 MARKET LANDSCAPE
9.1 Market Overview
9.2 Market Size & Forecast
9.3 Five Forces Analysis
9.3.1 Threat of New Entrants
9.3.2 Bargaining Power of Suppliers
9.3.3 Bargaining Power of Buyers
9.3.4 Threat of Substitutes
9.3.5 Competitive Rivalry
10 BY MATERIAL
10.1 Market Snapshot & Growth Engine
10.2 Market Overview
10.2.1 Flexible Plastic Packaging
10.2.2 Flexible Paper Packaging
10.2.3 Foil
10.3 Flexible Plastic
10.3.1 Market Size & Forecast
10.4 Flexible Paper
10.4.1 Market Size & Forecast
10.5 Foil
10.5.1 Market Size & Forecast
11 BY APPLICATION
11.1 Market Snapshot & Growth Engine
11.2 Market Overview
11.3 Consumer Packaging
11.3.1 Market Size & Forecast
11.4 Industrial Packaging
11.4.1 Market Size & Forecast
12 BY END-USERS
12.1 Market Snapshot & Growth Engine
12.2 Market Overview
12.2.1 Food & Beverage
12.2.2 Healthcare
12.2.3 Personal Care
12.2.4 Petfood
12.3 Food & Beverage
12.3.1 Market Size & Forecast
12.3.2 Key Insights
12.3.3 North America: Market Size & Forecast by F&B Segments
12.3.4 Bakery and Confectionery: Market Size & Forecast
12.3.5 Meat, Poultry, & Seafood: Market Size & Forecast
12.3.6 Dairy: Market Size & Forecast
12.3.7 RTE: Market Size & Forecast
12.3.8 Frozen Food: Market Size & Forecast
12.3.9 Tea and Coffee: Market Size & Forecast
12.3.10 Others: Market Size & Forecast
12.4 Healthcare
12.4.1 Market Size & Forecast
12.5 Personal Care
12.5.1 Market Size & Forecast
12.6 Petfood
12.6.1 Market Size & Forecast
12.7 Other End-Users
12.7.1 Market Size & Forecast
13 BY PRODUCT TYPE
13.1 Market Snapshot & Growth Engine
13.2 Market Overview
13.2.1 Key Insights
13.3 Bags & Sacks
13.3.1 Market Size & Forecast
13.4 Pouches
13.4.1 Market Size & Forecast
13.5 Other Product Types
13.5.1 Market Size & Forecast
14 BY PRINTING TYPE
14.1 Market Snapshot & Growth Engine
14.2 Market Overview
14.3 Flexographic Printing
14.3.1 Market Size & Forecast (Volume)
14.4 Rotogravure Printing and Others
14.4.1 Market Size & Forecast (Volume)
15 BY GEOGRAPHY
15.1 Market Snapshot & Growth Engine
15.2 Overview
15.2.1 Key Insights
16 UNITED STATES
16.1 Market Overview
16.2 Market Size & Forecast
16.2.1 F&B: Market Size and Forecast
16.2.2 Healthcare: Market Size and Forecast
16.2.3 Industrial Goods: Market Size and Forecast
16.2.4 Personal Care: Market Size and Forecast
16.2.5 Petfood: Market Size and Forecast
16.2.6 Other End-Users: Market Size and Forecast
16.2.7 US: Market Size & Forecast by End-users
16.2.8 US: Market Size & Forecast by Product Type
16.2.9 US: Market Size & Forecast by Application
17 CANADA
17.1 Market Overview
17.1.1 Key Insights
17.2 Market Size & Forecast
17.2.1 Canada: Market Size & Forecast by Product Type
17.2.2 Canada: Market Size & Forecast by Application
17.2.3 Canada: Market Size & Forecast by Consumer Packaging End-users
18 COMPETITIVE LANDSCAPE
18.1 Competition Overview
19 KEY COMPANY PROFILES
19.1 Amcor
19.1.1 Business Overview
19.1.2 Major Product Offerings
19.1.3 Key Strengths
19.1.4 Key Strategies
19.1.5 Key Opportunities
19.2 Berry Global
19.2.1 Business Overview
19.2.2 Major Product Offerings
19.2.3 Key Strengths
19.2.4 Key Strategies
19.2.5 Key Opportunities
19.3 Mondi
19.3.1 Business Overview
19.3.2 Major Product Offerings
19.3.3 Key Strengths
19.3.4 Key Strategies
19.3.5 Key Opportunities
19.4 Sealed Air
19.4.1 Business Overview
19.4.2 Major Product Offerings
19.4.3 Key Strengths
19.4.4 Key Strategies
19.4.5 Key Opportunities
19.5 TC Transcontinental
19.5.1 Business Overview
19.5.2 Major Product Offerings
19.5.3 Key Strengths
19.5.4 Key Strategies
19.5.5 Key Opportunities
19.6 Sonoco
19.6.1 Business Overview
19.6.2 Major Product Offerings
19.6.3 Key Strengths
19.6.4 Key Strategies
19.6.5 Key Opportunities
19.7 Huhtamaki
19.7.1 Business Overview
19.7.2 Major Product Offerings
19.7.3 Key Strengths
19.7.4 Key Strategies
19.7.5 Key Opportunities
20 OTHER PROMINENT VENDORS
20.1 Constantia Flexibles
20.1.1 Business Overview
20.1.2 Product Offerings
20.2 Printpack
20.2.1 Business Overview
20.2.2 Product Offerings
20.3 International Paper
20.3.1 Business Overview
20.3.2 Product Offerings
20.4 Smurfit Kappa
20.4.1 Business Overview
20.4.2 Product Offerings
20.5 ProAmpac
20.5.1 Business Overview
20.5.2 Product Offerings
20.6 Reynolds Group
20.6.1 Business Overview
20.6.2 Product Offerings
20.7 Novolex
20.7.1 Business Overview
20.7.2 Product Offerings
20.8 Sigma Plastics
20.8.1 Business Overview
20.8.2 Product Offerings
20.9 Glenroy
20.9.1 Business Overview
20.9.2 Product Offerings
20.10 Winpak
20.10.1 Business Overview
20.10.2 Product Offerings
20.11 RPC Group
20.11.1 Business Overview
20.11.2 Product Offerings
20.12 Greif
20.12.1 Business Overview
20.12.2 Product Offerings
20.13 Stora Enso
20.13.1 Business Overview
20.13.2 Product Offerings
20.14 Innovia Films
20.14.1 Business Overview
20.14.2 Product Offerings
20.15 Global-Pak
20.15.1 Business Overview
20.15.2 Product Offerings
20.16 American Packaging Corporation
20.16.1 Business Overview
20.16.2 Product Offerings
20.17 WestRock
20.17.1 Business Overview
20.17.2 Major Product Offerings
21 REPORT SUMMARY
21.1 Key Takeaways
21.2 Quantitative Summary
21.2.1 Market Size: Material
21.2.2 Market Size: Application
21.2.3 Market Size: End-Users
21.2.4 Market Size: Product Type
21.2.5 Market Size: Printing Type
21.2.6 Market Size: Country
21.2.7 Market Size: US
21.2.8 Market Size: Canada
22 APPENDIX
22.1 Abbreviations
LIST OF EXHIBITS
Exhibit 1 Segmentation of Flexible Packaging Market
Exhibit 2 Market Size Calculation Approach 2018
Exhibit 3 American Market Indices - Polyethylene Butene Raw Material Price Snapshot (Price per Pound)
Exhibit 4 American Market Indices - Polypropylene Raw Material Price Snapshot (Price per Pound)
Exhibit 5 End-user Market Share and Growth Momentum
Exhibit 6 Global Pouch Packaging by Application 2018 (by volume)
Exhibit 7 Pouch Value Chain
Exhibit 1 GDP Growth 2010–2023 (annual % change)
Exhibit 2 Global GDP Growth 2017 (annual % change)
Exhibit 3 Growth in Packaging Demand from Healthcare Industry
Exhibit 4 Growth Parameters of Flexible Packaging Market in North America
Exhibit 5 Downgauging of Packaging
Exhibit 6 Increased Adoption of Pouches Across Industries
Exhibit 7 Increase in Processed & Packaged Food
Exhibit 8 GDP and Consumption
Exhibit 9 Recycling Challenges with Flexible Packaging Products
Exhibit 10 Global Share of Plastics 2018
Exhibit 11 Penetration Rates of Recyclates in 2017
Exhibit 12 Recycling Yield Rates in 2012 and 2020
Exhibit 13 Increased Cost of Operations
Exhibit 14 Expenditure Break-up of Flexible Packaging 2016 and 2017
Exhibit 15 Fragmented Marketplace
Exhibit 16 Increased Focus on Sustainable Packaging
Exhibit 17 Resource Comparison
Exhibit 18 Profit Volatility
Exhibit 19 Use of Higher-barrier Plastic Packaging Materials
Exhibit 20 Barrier Protection
Exhibit 21 Increasing Adoption of Flexible Packaging over Rigid
Exhibit 22 Flexible Packaging Market in North America 2018−2024 ($ billion)
Exhibit 23 Five Forces Analysis 2018
Exhibit 24 Incremental Growth by Material 2018−2024
Exhibit 25 Value Chain of Paper
Exhibit 26 Flexible Plastic Packaging Market in North America 2018−2024 ($ billion)
Exhibit 27 Packaging Polymers
Exhibit 28 Flexible Paper Packaging Market in North America 2018−2024 ($ billion)
Exhibit 29 Flexible Foil Packaging Market in North America 2018−2024 ($ billions)
Exhibit 30 Aluminum Demand by Application in Volume 2018
Exhibit 31 Incremental Growth by Application 2018−2024
Exhibit 32 Growth Momentum and Market Share
Exhibit 33 Flexible Consumer Packaging Market in North America 2018−2024 ($ billion)
Exhibit 34 Industrial Flexible Packaging Market in North America 2018−2024 ($ billion)
Exhibit 35 Incremental Growth by Consumer Flexible Packaging End-users 2018−2024
Exhibit 36 Food Industry Snapshot
Exhibit 37 Customer Landscape of Flexible Food Packaging Market
Exhibit 38 F&B Flexible Packaging Market in North America 2018−2024 ($ billion)
Exhibit 39 Bakery & Confectionery Packaging Market in North America 2018−2024 ($ billion)
Exhibit 40 Meat, Poultry, and Seafood Packaging Market in North America 2018−2024 ($ billion)
Exhibit 41 Consumer Flexible Dairy Packaging Market in North America 2018−2024 ($ billion)
Exhibit 42 Consumer Flexible RTE Packaging Market in North America 2018−2024 ($ billion)
Exhibit 43 Frozen Food Flexible Packaging Market in North America 2018−2024 ($ billion)
Exhibit 44 Tea & Coffee Flexible Packaging Market in North America 2018−2024 ($ billion)
Exhibit 45 Other Foods Flexible Packaging Market in North America 2018−2024 ($ billion)
Exhibit 46 Global Healthcare Packaging Market by Packaging Type (Growth Rates)
Exhibit 47 Healthcare Flexible Packaging Market in North America 2018−2024 ($ billion)
Exhibit 48 Personal Care Flexible Packaging Market in North America 2018−2024 ($ billion)
Exhibit 49 Petfood Flexible Packaging Market in North America 2018−2024 ($ billion)
Exhibit 50 Other Flexible Packaging Market in North America 2018−2024 ($ billion)
Exhibit 51 Incremental Growth by Product Type 2018−2024
Exhibit 52 Growth Momentum and Market Share
Exhibit 53 Flexible Bags & Sacks Market in North America 2018−2024 ($ billion)
Exhibit 54 Flexible Pouches Packaging Market in North America 2018−2024 ($ billion)
Exhibit 55 Other Flexible Packaging Market in North America 2018−2024 ($ billion)
Exhibit 56 Incremental Growth by Printing Type 2018−2024
Exhibit 57 Flexographic Printing Market in North America 2018−2024 (billion units)
Exhibit 58 Rotogravure & Other Printing Market in North America 2018−2024 (billion units)
Exhibit 59 Incremental Growth by Geography 2018−2024
Exhibit 60 Risk Assessment – North America
Exhibit 61 Organic Food Market United States 2017
Exhibit 62 Flexible Packaging Market in US 2018–2024 ($ billion)
Exhibit 63 Flexible F&B Packaging Market in US 2018–2024 ($ billion)
Exhibit 64 Flexible Healthcare Packaging Market in US 2018–2024 ($ billion)
Exhibit 65 Flexible Industrial Goods Packaging Market in US 2018–2024 ($ billion)
Exhibit 66 Flexible Personal Care Packaging Market in US 2018–2024 ($ billion)
Exhibit 67 Flexible Petfood Packaging Market in US 2018–2024 ($ billion)
Exhibit 68 Flexible Other Packaging Market in US 2018–2024 ($ billion)
Exhibit 69 Flexible Packaging Market in Canada 2018–2024 ($ billion)
Exhibit 1 Segmentation of Flexible Packaging Market
Exhibit 2 Market Size Calculation Approach 2018
Exhibit 3 American Market Indices - Polyethylene Butene Raw Material Price Snapshot (Price per Pound)
Exhibit 4 American Market Indices - Polypropylene Raw Material Price Snapshot (Price per Pound)
Exhibit 5 End-user Market Share and Growth Momentum
Exhibit 6 Global Pouch Packaging by Application 2018 (by volume)
Exhibit 7 Pouch Value Chain
Exhibit 1 GDP Growth 2010–2023 (annual % change)
Exhibit 2 Global GDP Growth 2017 (annual % change)
Exhibit 3 Growth in Packaging Demand from Healthcare Industry
Exhibit 4 Growth Parameters of Flexible Packaging Market in North America
Exhibit 5 Downgauging of Packaging
Exhibit 6 Increased Adoption of Pouches Across Industries
Exhibit 7 Increase in Processed & Packaged Food
Exhibit 8 GDP and Consumption
Exhibit 9 Recycling Challenges with Flexible Packaging Products
Exhibit 10 Global Share of Plastics 2018
Exhibit 11 Penetration Rates of Recyclates in 2017
Exhibit 12 Recycling Yield Rates in 2012 and 2020
Exhibit 13 Increased Cost of Operations
Exhibit 14 Expenditure Break-up of Flexible Packaging 2016 and 2017
Exhibit 15 Fragmented Marketplace
Exhibit 16 Increased Focus on Sustainable Packaging
Exhibit 17 Resource Comparison
Exhibit 18 Profit Volatility
Exhibit 19 Use of Higher-barrier Plastic Packaging Materials
Exhibit 20 Barrier Protection
Exhibit 21 Increasing Adoption of Flexible Packaging over Rigid
Exhibit 22 Flexible Packaging Market in North America 2018−2024 ($ billion)
Exhibit 23 Five Forces Analysis 2018
Exhibit 24 Incremental Growth by Material 2018−2024
Exhibit 25 Value Chain of Paper
Exhibit 26 Flexible Plastic Packaging Market in North America 2018−2024 ($ billion)
Exhibit 27 Packaging Polymers
Exhibit 28 Flexible Paper Packaging Market in North America 2018−2024 ($ billion)
Exhibit 29 Flexible Foil Packaging Market in North America 2018−2024 ($ billions)
Exhibit 30 Aluminum Demand by Application in Volume 2018
Exhibit 31 Incremental Growth by Application 2018−2024
Exhibit 32 Growth Momentum and Market Share
Exhibit 33 Flexible Consumer Packaging Market in North America 2018−2024 ($ billion)
Exhibit 34 Industrial Flexible Packaging Market in North America 2018−2024 ($ billion)
Exhibit 35 Incremental Growth by Consumer Flexible Packaging End-users 2018−2024
Exhibit 36 Food Industry Snapshot
Exhibit 37 Customer Landscape of Flexible Food Packaging Market
Exhibit 38 F&B Flexible Packaging Market in North America 2018−2024 ($ billion)
Exhibit 39 Bakery & Confectionery Packaging Market in North America 2018−2024 ($ billion)
Exhibit 40 Meat, Poultry, and Seafood Packaging Market in North America 2018−2024 ($ billion)
Exhibit 41 Consumer Flexible Dairy Packaging Market in North America 2018−2024 ($ billion)
Exhibit 42 Consumer Flexible RTE Packaging Market in North America 2018−2024 ($ billion)
Exhibit 43 Frozen Food Flexible Packaging Market in North America 2018−2024 ($ billion)
Exhibit 44 Tea & Coffee Flexible Packaging Market in North America 2018−2024 ($ billion)
Exhibit 45 Other Foods Flexible Packaging Market in North America 2018−2024 ($ billion)
Exhibit 46 Global Healthcare Packaging Market by Packaging Type (Growth Rates)
Exhibit 47 Healthcare Flexible Packaging Market in North America 2018−2024 ($ billion)
Exhibit 48 Personal Care Flexible Packaging Market in North America 2018−2024 ($ billion)
Exhibit 49 Petfood Flexible Packaging Market in North America 2018−2024 ($ billion)
Exhibit 50 Other Flexible Packaging Market in North America 2018−2024 ($ billion)
Exhibit 51 Incremental Growth by Product Type 2018−2024
Exhibit 52 Growth Momentum and Market Share
Exhibit 53 Flexible Bags & Sacks Market in North America 2018−2024 ($ billion)
Exhibit 54 Flexible Pouches Packaging Market in North America 2018−2024 ($ billion)
Exhibit 55 Other Flexible Packaging Market in North America 2018−2024 ($ billion)
Exhibit 56 Incremental Growth by Printing Type 2018−2024
Exhibit 57 Flexographic Printing Market in North America 2018−2024 (billion units)
Exhibit 58 Rotogravure & Other Printing Market in North America 2018−2024 (billion units)
Exhibit 59 Incremental Growth by Geography 2018−2024
Exhibit 60 Risk Assessment – North America
Exhibit 61 Organic Food Market United States 2017
Exhibit 62 Flexible Packaging Market in US 2018–2024 ($ billion)
Exhibit 63 Flexible F&B Packaging Market in US 2018–2024 ($ billion)
Exhibit 64 Flexible Healthcare Packaging Market in US 2018–2024 ($ billion)
Exhibit 65 Flexible Industrial Goods Packaging Market in US 2018–2024 ($ billion)
Exhibit 66 Flexible Personal Care Packaging Market in US 2018–2024 ($ billion)
Exhibit 67 Flexible Petfood Packaging Market in US 2018–2024 ($ billion)
Exhibit 68 Flexible Other Packaging Market in US 2018–2024 ($ billion)
Exhibit 69 Flexible Packaging Market in Canada 2018–2024 ($ billion)
LIST OF TABLES
Table 1 Key Caveats
Table 2 Currency Conversion 2013−2018
Table 3 Packaging Product Comparison
Table 4 Packaging Product Manufacturing Cost Comparison
Table 5 Packaging Product Logistics Cost Comparison
Table 6 Flexible vs Rigid
Table 7 Difference between Flexible and Rigid Packaging
Table 8 North America: Market Size & Forecast by End-users ($ billion)
Table 9 Comparison of Printing Types
Table 10 Packaging Spend and GDP
Table 11 US: Market Size & Forecast by End-users ($ billion)
Table 12 US: Market Size & Forecast by Product Type ($ billions)
Table 13 US: Market Size & Forecast by Application ($ billions)
Table 14 Canada: Market Size & Forecast by Product Type ($ billion)
Table 15 Canada: Market Size & Forecast by Application ($ billion)
Table 16 Canada: Market Size & Forecast by Consumer Flexible Packaging End-user ($ millions)
Table 17 M&A in Flexible Packaging Industry by North American Vendors
Table 18 Amcor: Product Offerings
Table 19 Berry Global: Product Offerings
Table 20 Mondi: Product Offerings
Table 21 Sealed Air: Product Offerings
Table 22 TC Transcontinental: Product Offerings
Table 23 Sonoco: Product Offerings
Table 24 Huhtamaki: Product Offerings
Table 25 Constantia Flexibles: Key Product Offerings
Table 26 Printpack: Key Product Offerings
Table 27 International Paper: Key Product Offerings
Table 28 Smurfit Kappa: Key Product Offerings
Table 29 ProAmpac: Key Product Offerings
Table 30 Reynolds Group: Key Product Offerings
Table 31 Novolex: Key Product Offerings
Table 32 Sigma Plastics: Key Product Offerings
Table 33 Glenroy: Key Product Offerings
Table 34 Winpak: Key Product Offerings
Table 35 RPC Group: Key Product Offerings
Table 36 Greif: Key Product Offerings
Table 37 Stora Enso: Key Product Offerings
Table 38 Innovia Films: Key Product Offerings
Table 39 GlobalPak: Key Product Offerings
Table 40 American Packaging Corporation: Key Product Offerings
Table 41 Westrock: Product Offerings
Table 42 Flexible Packaging Market in North America by Material ($ billion)
Table 43 Flexible Packaging Market in North America by Material (%)
Table 44 Flexible Packaging Market in North America by Application ($ billion)
Table 45 Flexible Packaging Market in North America by Application (%)
Table 46 Consumer Flexible Packaging Market in North America by End-users ($ billion)
Table 47 Consumer Flexible Packaging Market in North America by End-users (%)
Table 48 Flexible Packaging Market in North America by Product Type ($ billion)
Table 49 Flexible Packaging Market in North America by Product Type (%)
Table 50 Flexible Packaging Market in North America by Printing Type (billion units)
Table 51 Flexible Packaging Market in North America by Printing Type (%)
Table 52 Flexible Packaging Market in North America by Geography ($ billion)
Table 53 Flexible Packaging Market in North America by Geography (%)
Table 54 US: Market Size & Forecast by End-users ($ billion)
Table 55 US: Market Size & Forecast by Application ($ billion)
Table 56 US: Market Size & Forecast by Product Type ($ billion)
Table 57 Canada: Market Size & Forecast by Application ($ billion)
Table 58 Canada: Market Size & Forecast by Consumer Packaging End-user Type ($ million)
Table 59 Canada: Market Size & Forecast by Product Type ($ billion)
Table 1 Key Caveats
Table 2 Currency Conversion 2013−2018
Table 3 Packaging Product Comparison
Table 4 Packaging Product Manufacturing Cost Comparison
Table 5 Packaging Product Logistics Cost Comparison
Table 6 Flexible vs Rigid
Table 7 Difference between Flexible and Rigid Packaging
Table 8 North America: Market Size & Forecast by End-users ($ billion)
Table 9 Comparison of Printing Types
Table 10 Packaging Spend and GDP
Table 11 US: Market Size & Forecast by End-users ($ billion)
Table 12 US: Market Size & Forecast by Product Type ($ billions)
Table 13 US: Market Size & Forecast by Application ($ billions)
Table 14 Canada: Market Size & Forecast by Product Type ($ billion)
Table 15 Canada: Market Size & Forecast by Application ($ billion)
Table 16 Canada: Market Size & Forecast by Consumer Flexible Packaging End-user ($ millions)
Table 17 M&A in Flexible Packaging Industry by North American Vendors
Table 18 Amcor: Product Offerings
Table 19 Berry Global: Product Offerings
Table 20 Mondi: Product Offerings
Table 21 Sealed Air: Product Offerings
Table 22 TC Transcontinental: Product Offerings
Table 23 Sonoco: Product Offerings
Table 24 Huhtamaki: Product Offerings
Table 25 Constantia Flexibles: Key Product Offerings
Table 26 Printpack: Key Product Offerings
Table 27 International Paper: Key Product Offerings
Table 28 Smurfit Kappa: Key Product Offerings
Table 29 ProAmpac: Key Product Offerings
Table 30 Reynolds Group: Key Product Offerings
Table 31 Novolex: Key Product Offerings
Table 32 Sigma Plastics: Key Product Offerings
Table 33 Glenroy: Key Product Offerings
Table 34 Winpak: Key Product Offerings
Table 35 RPC Group: Key Product Offerings
Table 36 Greif: Key Product Offerings
Table 37 Stora Enso: Key Product Offerings
Table 38 Innovia Films: Key Product Offerings
Table 39 GlobalPak: Key Product Offerings
Table 40 American Packaging Corporation: Key Product Offerings
Table 41 Westrock: Product Offerings
Table 42 Flexible Packaging Market in North America by Material ($ billion)
Table 43 Flexible Packaging Market in North America by Material (%)
Table 44 Flexible Packaging Market in North America by Application ($ billion)
Table 45 Flexible Packaging Market in North America by Application (%)
Table 46 Consumer Flexible Packaging Market in North America by End-users ($ billion)
Table 47 Consumer Flexible Packaging Market in North America by End-users (%)
Table 48 Flexible Packaging Market in North America by Product Type ($ billion)
Table 49 Flexible Packaging Market in North America by Product Type (%)
Table 50 Flexible Packaging Market in North America by Printing Type (billion units)
Table 51 Flexible Packaging Market in North America by Printing Type (%)
Table 52 Flexible Packaging Market in North America by Geography ($ billion)
Table 53 Flexible Packaging Market in North America by Geography (%)
Table 54 US: Market Size & Forecast by End-users ($ billion)
Table 55 US: Market Size & Forecast by Application ($ billion)
Table 56 US: Market Size & Forecast by Product Type ($ billion)
Table 57 Canada: Market Size & Forecast by Application ($ billion)
Table 58 Canada: Market Size & Forecast by Consumer Packaging End-user Type ($ million)
Table 59 Canada: Market Size & Forecast by Product Type ($ billion)
