Market by Material Type (Plastics, Aluminum Foils, Other Material Types) Product (Pouches, Rollstock, Bags, Films & Wraps, Other Products) Printing Technology (Flexography, Rotogravure, Digital Printing, Other Printing Technologies) Application (Food & Beverage, Pharmaceutical, Cosmetics & Toiletries, Other Applications) and Country Outlook | Forecast 2024-2032
According to Triton’s report, the North America flexible plastic packaging market is set to register growth at a CAGR of 3.99% during the forecasting years 2024-2032.
Report scope can be customized per your requirements - Request Free Sample Report
The flexible plastic packaging market in North America is supported by advancements in manufacturing and increased demand across various industries. According to industry sources, US manufacturing has shown resilience and potential for growth post-pandemic, with strategic investments enhancing competitiveness in sectors including flexible packaging. Additionally, state-level initiatives such as those in North Carolina, where Nelipak Healthcare Packaging expanded its flexible packaging operations, demonstrate local government support through grants and incentives. Such efforts are set to create advancement opportunities for manufacturers in the flexible plastic packaging industry.
The countries analyzed in this region include:
The United States leads with a major share, accounting for $32985.64 million in 2023
As per industry sources, the Flexible Packaging Association (FPA) and the Consortium for Waste Circularity (CWC) are promoting the use of regenerative gasification processes to convert waste into reusable resources like syngas, further producing new plastic materials. This substantially opens new avenues for flexible plastic packaging manufacturers.
Digital printing technology largely supports the growth of flexible plastic packaging by making it more accessible and visually appealing to consumers.
Additionally, States like California and Oregon are implementing extended producer responsibility laws to ensure brands meet specific recycling goals, which widens the scope for developing innovative flexible plastic packaging products.
Market Forecast for Canada
Canada’s flexible plastic packaging market is driven by increasing consumer demand for convenience, sustainability, and innovative packaging solutions. This expansion is fueled by initiatives such as the Canadian Plastics Pact, which aims to achieve a circular economy for plastics by 2025. This pact encourages collaboration among businesses, government entities, and NGOs to reduce plastic waste, improve recycling rates, and promote the use of recycled materials in packaging. Additionally, advancements in packaging technologies and a shift towards e-commerce have further accelerated the adoption of flexible plastic packaging.
The market segmentation includes product, material type, printing technology, and application. The product section is further divided into bags, films & wraps, pouches, rollstock, and other products.
Flexible plastic packaging bags are a vital component due to their versatility, durability, and cost-effectiveness. These bags are widely used across various sectors for their ability to extend product shelf life and protect contents from contamination. Their lightweight nature also reduces transportation costs and environmental impact compared to rigid packaging options. Additionally, flexible plastic bags can be easily customized with different barrier properties, shapes, sizes, and printing options, making them an attractive choice for brands looking to enhance product visibility and appeal.
Contender Analysis in the Flexible Plastic Packaging Market:
ProAmpac specializes in flexible packaging, offering a range of innovative products. As a member of Pritzker Private Capital, ProAmpac is part of a portfolio that includes middle-market companies in North America across the manufactured products, services, and healthcare sectors. The company operates 34 manufacturing centers in seven countries, including the US, UK, Canada, Germany, Switzerland, and various Southeast Asian nations. Among its subsidiaries are Coating Excellence International LLC, Trinity Packaging Corporation, Bonita Packaging Products Inc, PolyFirst Packaging, Inc., and PACTECH LLC.
In 2023, Back to the Roots, an organic gardening brand, partnered with ProAmpac to develop a 100% PCR plastic for soil category.
Constantia Flexibles, Sonoco Products Company, Huhtamaki OYJ, Mondi Group, and Coveris are among the key companies listed in the flexible plastic packaging market.
KEY DELIVERABLES OF THE REPORT:
Market CAGR during the forecasting years 2024-2032
Detailed data highlighting key insights, industry components, and market strategies
Comprehensive information and estimation of the flexible plastic packaging market revenue growth in North America and its influence on the parent market
In-depth study of forthcoming trends in consumer behavioral patterns
A meticulous analysis of the competitive landscape and Porter’s Five Forces
A wide-ranging study of factors that will challenge the NA flexible plastic packaging market’s growth during the upcoming years
Want to get specific insights? Our team of analysts can customize this report based on your preferences. Connect with us here.
1. NORTH
AMERICA FLEXIBLE PLASTIC PACKAGING MARKET - SUMMARY
2. INDUSTRY
OUTLOOK
2.1. IMPACT
ANALYSIS ON THE FLEXIBLE PLASTIC PACKAGING MARKET
2.1.1. COVID-19
IMPACT
2.2. PORTER’S
FIVE FORCES ANALYSIS
2.2.1. THREAT
OF NEW ENTRANTS
2.2.2. THREAT
OF SUBSTITUTES
2.2.3. BARGAINING
POWER OF BUYERS
2.2.4. BARGAINING
POWER OF SUPPLIERS
2.2.5. THREAT
OF COMPETITIVE RIVALRY
2.3. MARKET
ATTRACTIVENESS INDEX
2.4. REGULATORY
FRAMEWORK
2.5. KEY
BUYING IMPACT ANALYSIS
2.5.1. APPLICATION
AND EFFECTIVENESS
2.5.2. COST
2.5.3. SUSTAINABILITY
2.6. SUPPLY
CHAIN ANALYSIS
2.6.1. MATERIAL
TYPE SUPPLIERS
2.6.2. MANUFACTURERS
2.6.3. DISTRIBUTORS
2.6.4. END-USER
2.7. KEY
MARKET STRATEGIES
2.7.1. COLLABORATIONS
2.7.2. PRODUCT
LAUNCHES
2.7.3. ACQUISITIONS
2.7.4. INVESTMENTS
& EXPANSIONS
2.8. MARKET
DRIVERS
2.8.1. ESCALATING
USAGE OF ECONOMICAL AND SUSTAINABLE PACKAGING
2.8.2. NEED
FOR IMPROVED SHELF LIFE
2.8.3. INCREASING
DEMAND FOR PROCESSED AND PACKAGED FOOD
2.9. MARKET
CHALLENGES
2.9.1. PROBLEMS
IN RECYCLING PLASTIC PACKAGING PRODUCTS
2.9.2. INCREASING
COST OF MATERIALS
2.9.3. HIGH
OPERATIONAL COST
2.10. MARKET
OPPORTUNITIES
2.10.1. TECHNOLOGICAL
ADVANCEMENTS IN FLEXIBLE PLASTIC PACKAGING
2.10.2. INCREASED
DEMAND FROM THE E-COMMERCE INDUSTRY
2.11. ANALYST
PERSPECTIVE
3. NORTH
AMERICA FLEXIBLE PLASTIC PACKAGING MARKET – BY MATERIAL TYPE
3.1. PLASTICS
3.2. ALUMINUM
FOILS
3.3. OTHER
MATERIAL TYPES
4. NORTH
AMERICA FLEXIBLE PLASTIC PACKAGING MARKET – BY PRODUCT
4.1. POUCHES
4.2. ROLLSTOCK
4.3. BAGS
4.4. FILMS
& WRAPS
4.5. OTHER
PRODUCTS
5. NORTH
AMERICA FLEXIBLE PLASTIC PACKAGING MARKET – BY PRINTING TECHNOLOGY
5.1. FLEXOGRAPHY
5.2. ROTOGRAVURE
5.3. DIGITAL
PRINTING
5.4. OTHER
PRINTING TECHNOLOGIES
6. NORTH
AMERICA FLEXIBLE PLASTIC PACKAGING MARKET – BY APPLICATION
6.1. FOOD
& BEVERAGE
6.2. PHARMACEUTICAL
6.3. COSMETICS
& TOILETRIES
6.4. OTHER
APPLICATIONS
7. NORTH
AMERICA FLEXIBLE PLASTIC PACKAGING MARKET – BY COUNTRY OUTLOOK
7.1. NORTH
AMERICA
7.1.1. COUNTRY
ANALYSIS
7.1.1.1. UNITED
STATES
7.1.1.1.1. UNITED
STATES FLEXIBLE PLASTIC PACKAGING MARKET FORECAST & PROSPECTS
7.1.1.2. CANADA
7.1.1.2.1. CANADA
FLEXIBLE PLASTIC PACKAGING MARKET FORECAST & PROSPECTS
8. COMPETITIVE
LANDSCAPE
8.1. CCL
INDUSTRIES INC
8.1.1. OVERVIEW
8.1.2. PORTFOLIO
8.1.3. KEY
STRENGTH
8.1.4. KEY
CHALLENGE
8.2. DS
SMITH
8.2.1. OVERVIEW
8.2.2. PORTFOLIO
8.2.3. KEY
STRENGTH
8.2.4. KEY
CHALLENGE
8.3. SEALED
AIR CORPORATION
8.3.1. OVERVIEW
8.3.2. PORTFOLIO
8.3.3. KEY
STRENGTH
8.3.4. KEY
CHALLENGE
8.4. BERRY
GLOBAL GROUP INC
8.4.1. OVERVIEW
8.4.2. PORTFOLIO
8.4.3. KEY
STRENGTH
8.4.4. KEY
CHALLENGE
8.5. AMCOR
PLC
8.5.1. OVERVIEW
8.5.2. PORTFOLIO
8.5.3. KEY
STRENGTH
8.5.4. KEY
CHALLENGE
8.6. CONSTANTIA
FLEXIBLES
8.6.1. OVERVIEW
8.6.2. PORTFOLIO
8.6.3. KEY
STRENGTH
8.6.4. KEY
CHALLENGE
8.7. SONOCO
PRODUCTS COMPANY
8.7.1. OVERVIEW
8.7.2. PORTFOLIO
8.7.3. KEY
STRENGTH
8.7.4. KEY
CHALLENGE
8.8. COVERIS
8.8.1. OVERVIEW
8.8.2. PORTFOLIO
8.8.3. KEY
STRENGTH
8.8.4. KEY
CHALLENGE
8.9. GLENROY
INC
8.9.1. OVERVIEW
8.9.2. PORTFOLIO
8.9.3. KEY
STRENGTH
8.9.4. KEY
CHALLENGE
8.10. HUHTAMAKI
OYJ
8.10.1. OVERVIEW
8.10.2. PORTFOLIO
8.10.3. KEY
STRENGTH
8.10.4. KEY
CHALLENGE
8.11. MONDI
GROUP
8.11.1. OVERVIEW
8.11.2. PORTFOLIO
8.11.3. KEY
STRENGTH
8.11.4. KEY
CHALLENGE
8.12. PROAMPAC
8.12.1. OVERVIEW
8.12.2. PORTFOLIO
8.12.3. KEY
STRENGTH
8.12.4. KEY
CHALLENGE
8.13. GRAPHIC
PACKAGING INTERNATIONAL LLC
8.13.1. OVERVIEW
8.13.2. PORTFOLIO
8.13.3. KEY
STRENGTH
8.13.4. KEY
CHALLENGE
8.14. PRINTPACK
8.14.1. OVERVIEW
8.14.2. PORTFOLIO
8.14.3. KEY
STRENGTH
8.14.4. KEY
CHALLENGE
8.15. SIGMA
PLASTICS GROUP
8.15.1. OVERVIEW
8.15.2. PORTFOLIO
8.15.3. KEY
STRENGTH
8.15.4. KEY
CHALLENGE
9. RESEARCH METHODOLOGY &
SCOPE
9.1. RESEARCH
SCOPE & DELIVERABLES
9.2. SOURCES
OF DATA
9.3. RESEARCH
METHODOLOGY
TABLE 1: NORTH AMERICA
FLEXIBLE PLASTIC PACKAGING MARKET, BY COUNTRY OUTLOOK, 2024-2032 (IN $ BILLION)
TABLE 2: REGULATORY FRAMEWORK
TABLE 3: LIST OF
COLLABORATIONS
TABLE 4: LIST OF
PRODUCT LAUNCHES
TABLE 5: LIST OF
ACQUISITIONS
TABLE 6: LIST OF
INVESTMENTS & EXPANSIONS
TABLE 7: NORTH AMERICA
FLEXIBLE PLASTIC PACKAGING MARKET, BY MATERIAL TYPE, 2024-2032 (IN $ BILLION)
TABLE 8: NORTH AMERICA
FLEXIBLE PLASTIC PACKAGING MARKET, BY PRODUCT, 2024-2032 (IN $ BILLION)
TABLE 9: NORTH AMERICA
FLEXIBLE PLASTIC PACKAGING MARKET, BY PRINTING TECHNOLOGY, 2024-2032 (IN $
BILLION)
TABLE 10: NORTH AMERICA
FLEXIBLE PLASTIC PACKAGING MARKET, BY APPLICATION, 2024-2032 (IN $ BILLION)
TABLE 11: NORTH AMERICA
FLEXIBLE PLASTIC PACKAGING MARKET, BY COUNTRY OUTLOOK, 2024-2032 (IN $ BILLION)
FIGURE 1: PORTER’S FIVE FORCES ANALYSIS
FIGURE 2: MARKET ATTRACTIVENESS INDEX
FIGURE 3: KEY BUYING IMPACT ANALYSIS
FIGURE 4: SUPPLY CHAIN ANALYSIS
FIGURE 5: NORTH AMERICA FLEXIBLE PLASTIC PACKAGING MARKET, BY MATERIAL
TYPE, 2023 & 2032 (IN %)
FIGURE 6: NORTH AMERICA FLEXIBLE PLASTIC PACKAGING MARKET, BY PLASTICS,
2024-2032 (IN $ BILLION)
FIGURE 7: NORTH AMERICA FLEXIBLE PLASTIC PACKAGING MARKET, BY ALUMINUM
FOILS, 2024-2032 (IN $ BILLION)
FIGURE 8: NORTH AMERICA FLEXIBLE PLASTIC PACKAGING MARKET, BY OTHER
MATERIALS, 2024-2032 (IN $ BILLION)
FIGURE 9: NORTH AMERICA FLEXIBLE PLASTIC PACKAGING MARKET, BY PRODUCT,
2023 & 2032 (IN %)
FIGURE 10: NORTH AMERICA FLEXIBLE PLASTIC PACKAGING MARKET, BY POUCHES,
2024-2032 (IN $ BILLION)
FIGURE 11: NORTH AMERICA FLEXIBLE PLASTIC PACKAGING MARKET, BY ROLLSTOCK,
2024-2032 (IN $ BILLION)
FIGURE 12: NORTH AMERICA FLEXIBLE PLASTIC PACKAGING MARKET, BY BAGS,
2024-2032 (IN $ BILLION)
FIGURE 13: NORTH AMERICA FLEXIBLE PLASTIC PACKAGING MARKET, BY FILMS
& WRAPS, 2024-2032 (IN $ BILLION)
FIGURE 14: NORTH AMERICA FLEXIBLE PLASTIC PACKAGING MARKET, BY OTHER PRODUCTS,
2024-2032 (IN $ BILLION)
FIGURE 15: NORTH AMERICA FLEXIBLE PLASTIC PACKAGING MARKET, BY PRINTING
TECHNOLOGY, 2023 & 2032 (IN %)
FIGURE 16: NORTH AMERICA FLEXIBLE PLASTIC PACKAGING MARKET, BY
FLEXOGRAPHY, 2024-2032 (IN $ BILLION)
FIGURE 17: NORTH AMERICA FLEXIBLE PLASTIC PACKAGING MARKET, BY
ROTOGRAVURE, 2024-2032 (IN $ BILLION)
FIGURE 18: NORTH AMERICA FLEXIBLE PLASTIC PACKAGING MARKET, BY DIGITAL
PRINTING, 2024-2032 (IN $ BILLION)
FIGURE 19: NORTH AMERICA FLEXIBLE PLASTIC PACKAGING MARKET, BY OTHER
PRINTING TECHNOLOGIES, 2024-2032 (IN $ BILLION)
FIGURE 20: NORTH AMERICA FLEXIBLE PLASTIC PACKAGING MARKET, BY
APPLICATION, 2023 & 2032 (IN %)
FIGURE 21: NORTH AMERICA FLEXIBLE PLASTIC PACKAGING MARKET, BY FOOD &
BEVERAGE, 2024-2032 (IN $ BILLION)
FIGURE 22: NORTH AMERICA FLEXIBLE PLASTIC PACKAGING MARKET, BY
PHARMACEUTICAL, 2024-2032 (IN $ BILLION)
FIGURE 23: NORTH AMERICA FLEXIBLE PLASTIC PACKAGING MARKET, BY COSMETICS
& TOILETRIES, 2024-2032 (IN $ BILLION)
FIGURE 24: NORTH AMERICA FLEXIBLE PLASTIC PACKAGING MARKET, BY OTHER
APPLICATIONS, 2024-2032 (IN $ BILLION)
FIGURE 25: NORTH AMERICA FLEXIBLE PLASTIC PACKAGING MARKET, BY COUNTRY
OUTLOOK, 2023 & 2032 (IN %)
FIGURE 26: UNITED STATES FLEXIBLE PLASTIC PACKAGING MARKET 2024-2032 (IN
$ BILLION)
FIGURE 27: CANADA FLEXIBLE PLASTIC PACKAGING MARKET 2024-2032 (IN $
BILLION)