United States Flexible Packaging Market to Witness 4.7% CAGR until 2032

Written by Aarun  »  Updated on: November 15th, 2024

Flexible Packaging Market - United States

Market Statistics

Market Size in 2024: USD 33.6 Billion

Market Forecast in 2033: USD 50.7 Billion

Market Growth Rate: 4.7% (2024-2032)

According to the latest report by IMARC Group, the U.S. flexible packaging market size reached USD 33.6 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 50.7 Billion by 2033, exhibiting a growth rate (CAGR) of 4.7% during 2025-2033. The market is growing rapidly, fueled by rising demand for convenient and sustainable packaging solutions. Innovations in materials and designs are enhancing product shelf life and visual appeal. Additionally, increased adoption across various industries is driving market expansion.   

United States Flexible Packaging Industry Trends and Drivers:

  • Market Growth Drivers:

    • Expanding Urbanization and Changing Consumer Preferences:

      • Urban growth and shifting consumer lifestyles are driving demand for convenient, lightweight packaging solutions.
      • Flexible packaging, including pouches, wraps, and bags, is favored for its practicality, extended shelf life, and reduced material usage.

    • Demand for Ready-to-Eat and Single-Serving Products:

      • Increased consumption of ready-to-eat meals and single-serving items in urban centers supports market growth, particularly in the food and beverage sector.
      • This trend aligns with the fast-paced lifestyle of urban consumers who value convenience and efficient storage.

    • Geriatric Population Influences:

      • The rising elderly population in the U.S. creates demand for packaging designed with accessibility in mind, featuring easy-to-open and resealable options.
      • Brands are developing user-friendly packaging to meet senior needs without compromising functionality.

  • Key Market Trends:

    • Technological Advancements and Sustainability Focus:

      • Increasing consumer environmental awareness is leading to higher demand for recyclable and biodegradable packaging materials.
      • Companies are investing in eco-friendly packaging solutions that reduce environmental impact while maintaining quality.

    • Innovative Manufacturing Techniques:

      • Advanced manufacturing methods like digital printing and smart packaging technologies enhance visual appeal and functionality, boosting flexible packaging adoption across industries.

    • Integration of Smart Technology:

      • The inclusion of RFID tags and QR codes in packaging provides consumers with product information and helps businesses with inventory management.
      • This technology adds value to the consumer experience and supports supply chain efficiency.

    • Safety and Product Integrity Features:

      • Companies are incorporating antimicrobial coatings and tamper-evident designs to ensure product safety and integrity.

    • Barrier Technologies:

      • New barrier solutions enhance product freshness and durability, addressing the need for high-performance packaging for perishable and sensitive goods.

  • Industry Applications:

    • Food and Beverage Sector:

      • As the largest consumer of flexible packaging, this sector drives demand due to urban lifestyle changes and preference for single-serving options.

    • Healthcare and Pharmaceuticals:

      • Flexible packaging is essential for safe storage and efficient distribution of medications and medical devices, supporting market growth in these sectors.

 

Download sample copy of the Report: https://www.imarcgroup.com/united-states-flexible-packaging-market/requestsample

United States Flexible Packaging Industry Segmentation:

The report has segmented the market into the following categories:

Product Type Insights:

  • Printed Rollstock 
  • Preformed Bags and Pouches
  • Others

Raw Material Insights:

  • Plastic
  • Paper
  • Aluminium Foil
  • Cellulose

Printing Technology Insights:

  • Flexography
  • Rotogravure
  • Digital
  • Others

Application Insights:

  • Food and Beverages 
  • Pharmaceuticals
  • Cosmetics
  • Others

Regional Insights:

  • Northeast
  • Midwest
  • South
  • West

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Request for customization: https://www.imarcgroup.com/request?type=report&id=20042&flag=F

Key highlights of the Report:

  • Market Performance (2018-2023)
  • Market Outlook (2024-2032)
  • COVID-19 Impact on the Market
  • Porter’s Five Forces Analysis
  • Strategic Recommendations
  • Historical, Current and Future Market Trends
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Structure of the Market
  • Value Chain Analysis
  • Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us:

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services.  IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

Contact Us:  

IMARC Group 

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Email: [email protected] 

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