North America Flexible Packaging Market Key Players, Growth, Trends, Share, Opportunities, Forecast 2028

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.

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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.

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The List of Companies

Amcor plc

Berry Global Inc.

Constantia Flexibles

Flexpak services

Huhtamaki

Mondi

Sealed Air

Sonoco Products Company

Transcontinental Inc.

North America Flexible Packaging Market: Trends, Growth, and Outlook

The North American flexible packaging market has shown significant growth in recent years, driven by evolving consumer preferences, increased sustainability awareness, and innovations in packaging technologies. Flexible packaging refers to any package made of materials that can bend, fold, or compress without breaking. This includes products like pouches, bags, wraps, and films, which are used for a wide range of goods from food and beverages to pharmaceuticals and consumer goods. The flexibility of these materials offers benefits like lighter weight, improved shelf life, and reduced environmental impact, making them an attractive choice for manufacturers and consumers alike.

Market Overview
The North American flexible packaging market includes the United States, Canada, and Mexico. Among these, the United States is the dominant player, contributing the largest share of the market revenue. The U.S. flexible packaging market has seen consistent growth due to a combination of factors such as the growing demand for packaged food products, innovation in packaging solutions, and increasing awareness regarding sustainability. The market is forecasted to continue expanding, driven by a demand for eco-friendly, cost-effective, and lightweight packaging solutions across various industries.

The flexible packaging market has seen a shift in the types of materials used in packaging. Polyethylene, polypropylene, and polyester are some of the most common materials in flexible packaging, but there is a growing trend toward biodegradable and recyclable options. Packaging companies are increasingly focusing on reducing their environmental footprint by incorporating recycled materials and offering products that are easier to recycle.

Key Market Drivers
Demand for Sustainable Packaging Solutions Sustainability has become a key factor driving the North American flexible packaging market. As consumers and regulatory bodies demand more eco-friendly alternatives, companies are increasingly adopting flexible packaging solutions that offer reduced material usage and lower environmental impact. Flexible packaging often uses fewer raw materials than rigid packaging, making it an environmentally sustainable option. The reduction in waste is especially crucial in food packaging, where there is a growing trend toward products that are more recyclable or made from biodegradable materials.

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