Flexible packaging, which includes goods such as pouches, bags, and films, has become an important component in the packaging business due to its adaptability and efficiency. This increase is being driven by rising demand in industries such as food and beverage, pharmaceuticals, and personal care, where flexible packaging provides advantages such as lower material usage, lightweight features, and improved product protection. Furthermore, the rise of e-commerce has increased the demand for long-lasting and low-cost packaging solutions, moving the industry forward. However, the business is facing environmental issues, encouraging a transition to sustainable and recyclable materials. Technological advances and material improvements are projected to play an important part in addressing these problems and maintaining market growth in the future years.

According to SPER market research, ‘North America Flexible Packaging Market Size- By Product Type, By Raw Material, By Printing Technology, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the North America Flexible Packaging Market is predicted to reach 64.39 billion by 2034 with a CAGR of 3.36%.

Drivers: The North American flexible packaging market is expanding rapidly, owing to many important drivers. One major contribution is rising consumer demand for easy packaging solutions, notably in the food and beverage industry, where flexible packaging provides advantages such as portability, simplicity of use, and prolonged shelf life. Furthermore, the rise of e-commerce has increased the demand for long-lasting and lightweight packaging that can resist the rigors of transportation, accelerating the use of flexible materials. The healthcare industry is also playing an important role, with a rising reliance on flexible packaging for medical and pharmaceutical items due to its ability to provide secure, tamper-evident, and sanitary solutions.

Restraints: The North American flexible packaging market confronts a number of obstacles that could impede its growth trajectory. The environmental impact of packaging materials is a major concern, which has resulted in growing regulatory pressure and a drive toward sustainable and recyclable alternatives. Furthermore, raw material prices fluctuate, which can have an impact on profitability and operational efficiency. The development of e-commerce has increased demand for long-lasting and cost-effective packaging solutions, but it has also intensified rivalry among producers. Furthermore, the market is becoming saturated in certain categories, making it difficult for businesses to grow their consumer base.These elements, taken together, offer challenges for the flexible packaging sector in order to continue to grow.

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The United States dominates the North American flexible packaging market, owing to strong demand from the food and beverage sector, pharmaceutical packaging requirements, and the increasing e-commerce industry. Some significant market players are Amcor PLC, Mondi PLC, Transcontinental Inc., American Packaging Corporation, Sit Group SpA, and Others.

North America Flexible Packaging Market Segmentation:

By Product Type: Based on the Product Type, North America Flexible Packaging Market is segmented as; Printed Rollstock, Preformed Bags and Pouches, Others.

By Raw Material: Based on the Raw Material, North America Flexible Packaging Market is segmented as; Plastic, Paper, Others.

By Printing Technology: Based on the Printing Technology, North America Flexible Packaging Market is segmented as; Flexography, Rotogravure, Digital, Others.

By Application: Based on the Application, North America Flexible Packaging Market is segmented as; Food and Beverages, Pharmaceuticals, Cosmetics, Others.

By Region: This research also includes data for Eastern Region, Western Region, Northern Region, Southern Region.

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North America Flexible Packaging Market Forecast

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Flexible packaging refers to packaging made from materials that are pliable, moldable, and adaptable to various shapes, providing versatile protective features. It often includes high-quality films, paper, and aluminum foil, allowing it to be shaped into forms like bags, liners, and pouches. Widely used across industries such as food and beverage, pharmaceuticals, cosmetics, and automotive, flexible packaging safeguards products from spoilage, dust, dirt, leaks, theft, evaporation, and moisture.

According to SPER Market Research’s report, “North America Flexible Packaging Market Size – By Product Type, By Raw Material, By Printing Technology, By Application – Regional Outlook, Competitive Strategies and Segment Forecast to 2033”, the North American flexible packaging market is projected to reach USD 64.39 billion by 2033, growing at a CAGR of 3.36%.

Market Drivers: The North American flexible packaging market is driven by several key factors. Innovations in packaging technology have enhanced the appeal of flexible packaging to consumers, spurring demand. It provides a cost-effective way to reduce product waste while preserving food safety and quality. Other benefits, such as durability, reusability, transparency, and customization options, further support its growth. Additionally, flexible packaging appeals to consumers with busy lifestyles, offering convenient portability. The demand for eco-friendly flexible packaging materials and solutions is also expected to rise significantly in the coming years.

Market Challenges: The rapid evolution of packaging technology has led to new forms, designs, and trends, rendering some existing flexible packaging solutions obsolete. The industry increasingly focuses on efficient storage, sales tracking, inventory management, and product tracking, all of which require less manual intervention. Additionally, many companies are looking to expand their customer base by offering visually appealing packaging solutions that meet varied consumer preferences.

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Market Impact: In the short term, COVID-19 disrupted the market by halting packaging supply chains globally. However, with the rise in online sales, the market was expected to recover. COVID-19 also revealed vulnerabilities in the global supply chain, leading to the temporary suspension of grocery bag and flexible packaging drop-off collections in several regions. The Russia-Ukraine conflict has had a broader impact on the packaging sector.

Key Market Players: Major players in the market include Amcor PLC, Mondi PLC, Transcontinental Inc., American Packaging Corporation, Sit Group SpA, Toppan Printing Co. Ltd, Printpack Inc., Sigma Plastics Group Inc., Novolex Holdings Inc., Berry Global Inc., among others.

North America Flexible Packaging Market Segmentation

By Product Type:

• Printed Rollstock
• Preformed Bags and Pouches
• Others

By Raw Material:

• Plastic
• Paper
• Others

By Printing Technology:

• Flexography
• Rotogravure
• Digital, Others

By Application:

• Food and Beverages
• Pharmaceuticals
• Cosmetics
• Others

By Region:

• Eastern Region
• Western Region
• Northern Region
• Southern Region

For More Information, refer to below link: –

North America Flexible Packaging Market Outlook

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+1-347-460-2899

“Flexible packaging” is defined as packaging composed of materials that are easily yielding, flexible, and moldable into a range of shapes. It may offer a variety of protective qualities due to the premium film, paper, and aluminum foil that make up its makeup. It works well with many kinds of packaging and may be manufactured in a range of shapes, including bags, lines, and pouches. Flexible packaging is used in a variety of industries, including the food and beverage, pharmaceutical, cosmetic, and automotive ones, to protect products from deterioration, dust, dirt, leaks, theft, evaporation, and water.

According to SPER market research, ‘North America Flexible Packaging Market Size- By Product Type, By Raw Material, By Printing Technology, By Application – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the North America Flexible Packaging Market is predicted to reach USD 64.39 billion by 2033 with a CAGR of 3.36%.

Drivers: There are several factors driving the North American flexible packaging market at the moment. Thanks to developments in packaging technology, flexible packaging is becoming more and more popular with customers, which has increased demand for it in the local market. It saves product wastes and maintains the food’s safety and quality, making it a cost-effective solution to storage problems. Other reasons for the market’s growth include its dependability, safety guarantee, reusability, transparency, and configurable features. The ability to carry food items with them everywhere they go is another benefit of flexible packaging for consumers with hectic schedules.  Additionally, it is anticipated that in the upcoming years, the market for environmentally friendly flexible packaging materials and solutions will continue to grow.

Challenges: Forms, patterns, and trends of flexible packaging are always evolving in step with the rapid evolution of technology. The packaging business has come to the realization that intelligent storage, sales tracking, inventory management, and product tracking demand less manual labor than they used to. The existing flexible products on the market are no longer useful due to the rapid advancements in technology. Furthermore, a lot of firms want to grow their clientele by providing aesthetically pleasing packaging options that satisfy different consumer demands.

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In the short term, COVID-19 had a significant effect on the market due to the global lockout that nearly ended the packaging supply chain. Nevertheless, given the surge in online sales, it was anticipated that the business would rebound. Drop-off collections for grocery bags and flexible packaging were withdrawn from several places following the disclosure of global supply chain vulnerabilities by COVID-19. The Russia-Ukraine conflict had an overall effect on the packaging sector.

Additionally, some of the market key players are; Amcor PLC, Mondi PLC, Transcontinental Inc., American Packaging Corporation, Sit Group SpA, Toppan Printing Co. Ltd, Printpack Inc., Sigma Plastics Group Inc., Novolex Holdings Inc., Berry Global Inc., and others.

North America Flexible Packaging Market Segmentation

By Product Type:

• Printed Rollstock
• Preformed Bags and Pouches
• Others

By Raw Material:

• Plastic
• Paper
• Others

By Printing Technology:

• Flexography
• Rotogravure
• Digital, Others

By Application:

• Food and Beverages
• Pharmaceuticals
• Cosmetics
• Others

By Region:

• Eastern Region
• Western Region
• Northern Region
• Southern Region

For More Information, refer to below link: –

North America Flexible Packaging Market Outlook

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Follow Us –  

LinkedIn | Instagram | Facebook | Twitter

Contact Us:  

Sara Lopes, Business Consultant – USA

SPER Market Research

enquiries@sperresearch.com

+1-347-460-2899