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Flexible Packaging Market in North America: Drivers
Rising demand for pouch packaging to drive growth
The rising demand for pouch packaging is one of the key drivers supporting the flexible packaging market in North America. Value-added features such as re-seal ability and the incorporation of a spout are increasing demand for pouch packaging in various sectors, especially in baby food and beverage segments. It leads to a reduction in carbon emissions by reducing the pollution from transportation. This is because the compactness of pouch packages enables a larger quantity of products to be transported in a single truck than rigid and other types of packaging, thereby aiding manufacturers in minimizing the carbon footprint. The convenience that pouch packaging technology offers, as well as its low cost, are the driving factors for the pouch packaging market in North America. These factors are expected to drive the growth of the flexible packaging market in North America during the forecast period.
Flexible Packaging Market in North America: Trends
Growing demand for micro packaging materials is a major trend
Growing demand for micro packaging materials is one of the key flexible packaging market trends in North America that is contributing to the market growth. The emergence of new biochemical compounds has led to the need for enhanced protection. Micro packaging materials offer protection to these compounds against external elements, such as heat, moisture, oxygen, light, and mechanical forces. Thus, micro packaging materials such as nanocoating and nanocomposite-based packaging films are ideal for packaging pharmaceutical drugs. They offer various benefits, such as delaying oxidation, controlling microbial growth, and improving tamper visibility. These factors ensure that the drugs remain safe for a longer duration. Thus, the growing demand for micro packaging materials from the food and beverage and pharmaceutical industry in North America will have a positive impact on the growth of the market during the forecast period.
The holistic analysis of the drivers & trends will help in deducing end goals and refining marketing strategies to gain a competitive edge. This flexible packaging market in the North American analysis report also provides detailed information on challenges that will have a far-reaching effect on the market growth.
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Related Reports:
- The retail-ready packaging market share is expected to increase by USD 16.92 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 4.82%. Download a free sample now!
- The micro packaging market share is expected to increase by USD 1.35 billion from 2021 to 2026, at a CAGR of 16.81%. Download a free sample now!
Flexible Packaging Market In North America Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.66% |
Market growth 2022-2026 |
USD 14.41 billion |
Market structure |
Fragmented |
YoY growth (%) |
5.4 |
Regional analysis |
North America |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Amcor Plc, American Packaging Corp., Berry Global Inc., Bischof Klein SE and Co. KG, Bryce Corp., Constantia Flexibles Group GmbH, Coveris Management GmbH, Glenroy Inc., Hindalco Industries Ltd., Huhtamaki Oyj, Mondi plc, Novolex Holdings LLC, Printpack Inc., ProAmpac Intermediate Inc., Sealed Air Corp., Sonoco Products Co., The Tetra Laval Group, Transcontinental Inc., WestRock Co., and Winpak Ltd. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Content
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Country Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Material
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 12: Market segments
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 14: Data Table on Regional - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Chart on North America: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Regional - Market size and forecast 2021-2026 ($ million)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Material
- 5.1 Market segments
- Exhibit 24: Chart on Material - Market share 2021-2026 (%)
- Exhibit 25: Data Table on Material - Market share 2021-2026 (%)
- 5.2 Comparison by Material
- Exhibit 26: Chart on Comparison by Material
- Exhibit 27: Data Table on Comparison by Material
- 5.3 Plastic - Market size and forecast 2021-2026
- Exhibit 28: Chart on Plastic - Market size and forecast 2021-2026 ($ million)
- Exhibit 29: Data Table on Plastic - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Chart on Plastic - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on Plastic - Year-over-year growth 2021-2026 (%)
- 5.4 Paper - Market size and forecast 2021-2026
- Exhibit 32: Chart on Paper - Market size and forecast 2021-2026 ($ million)
- Exhibit 33: Data Table on Paper - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Chart on Paper - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on Paper - Year-over-year growth 2021-2026 (%)
- 5.5 Foil - Market size and forecast 2021-2026
- Exhibit 36: Chart on Foil - Market size and forecast 2021-2026 ($ million)
- Exhibit 37: Data Table on Foil - Market size and forecast 2021-2026 ($ million)
- Exhibit 38: Chart on Foil - Year-over-year growth 2021-2026 (%)
- Exhibit 39: Data Table on Foil - Year-over-year growth 2021-2026 (%)
- 5.6 Market opportunity by Material
- Exhibit 40: Market opportunity by Material ($ million)
6 Customer Landscape
- 6.1 Customer landscape overview
- Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 42: Chart on Market share by geography - 2021-2026 (%)
- Exhibit 43: Data Table on Market share by geography - 2021-2026 (%)
- 7.2 Geographic comparison
- Exhibit 44: Chart on Geographic comparison
- Exhibit 45: Data Table on Geographic comparison
- 7.3 US - Market size and forecast 2021-2026
- Exhibit 46: Chart on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 47: Data Table on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 48: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 49: Data Table on US - Year-over-year growth 2021-2026 (%)
- 7.4 Canada - Market size and forecast 2021-2026
- Exhibit 50: Chart on Canada - Market size and forecast 2021-2026 ($ million)
- Exhibit 51: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
- Exhibit 52: Chart on Canada - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on Canada - Year-over-year growth 2021-2026 (%)
- 7.5 Mexico - Market size and forecast 2021-2026
- Exhibit 54: Chart on Mexico - Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on Mexico - Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on Mexico - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on Mexico - Year-over-year growth 2021-2026 (%)
- 7.6 Market opportunity by geography
- Exhibit 58: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
- 8.3 Impact of drivers and challenges
- Exhibit 59: Impact of drivers and challenges in 2021 and 2026
9 Vendor Landscape
- 9.2 Vendor landscape
- Exhibit 60: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 61: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 62: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 63: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 64: Matrix on vendor position and classification
- 10.3 Amcor Plc
- Exhibit 65: Amcor Plc - Overview
- Exhibit 66: Amcor Plc - Business segments
- Exhibit 67: Amcor Plc - Key news
- Exhibit 68: Amcor Plc - Key offerings
- Exhibit 69: Amcor Plc - Segment focus
- 10.4 American Packaging Corp.
- Exhibit 70: American Packaging Corp. - Overview
- Exhibit 71: American Packaging Corp. - Product / Service
- Exhibit 72: American Packaging Corp. - Key offerings
- 10.5 Berry Global Inc.
- Exhibit 73: Berry Global Inc. - Overview
- Exhibit 74: Berry Global Inc. - Business segments
- Exhibit 75: Berry Global Inc. - Key news
- Exhibit 76: Berry Global Inc. - Key offerings
- Exhibit 77: Berry Global Inc. - Segment focus
- 10.6 Coveris Management GmbH
- Exhibit 78: Coveris Management GmbH - Overview
- Exhibit 79: Coveris Management GmbH - Product / Service
- Exhibit 80: Coveris Management GmbH - Key offerings
- 10.7 Glenroy Inc.
- Exhibit 81: Glenroy Inc. - Overview
- Exhibit 82: Glenroy Inc. - Product / Service
- Exhibit 83: Glenroy Inc. - Key offerings
- 10.8 Hindalco Industries Ltd.
- Exhibit 84: Hindalco Industries Ltd. - Overview
- Exhibit 85: Hindalco Industries Ltd. - Business segments
- Exhibit 86: Hindalco Industries Ltd. - Key news
- Exhibit 87: Hindalco Industries Ltd. - Key offerings
- Exhibit 88: Hindalco Industries Ltd. - Segment focus
- 10.9 Huhtamaki Oyj
- Exhibit 89: Huhtamaki Oyj - Overview
- Exhibit 90: Huhtamaki Oyj - Business segments
- Exhibit 91: Huhtamaki Oyj - Key offerings
- Exhibit 92: Huhtamaki Oyj - Segment focus
- 10.10 Mondi plc
- Exhibit 93: Mondi plc - Overview
- Exhibit 94: Mondi plc - Business segments
- Exhibit 95: Mondi plc - Key news
- Exhibit 96: Mondi plc - Key offerings
- Exhibit 97: Mondi plc - Segment focus
- 10.11 Novolex Holdings LLC
- Exhibit 98: Novolex Holdings LLC - Overview
- Exhibit 99: Novolex Holdings LLC - Product / Service
- Exhibit 100: Novolex Holdings LLC - Key offerings
- 10.12 Sealed Air Corp.
- Exhibit 101: Sealed Air Corp. - Overview
- Exhibit 102: Sealed Air Corp. - Business segments
- Exhibit 103: Sealed Air Corp. - Key news
- Exhibit 104: Sealed Air Corp. - Key offerings
- Exhibit 105: Sealed Air Corp. - Segment focus
11 Appendix
- 11.2 Inclusions and exclusions checklist
- Exhibit 106: Inclusions checklist
- Exhibit 107: Exclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 108: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 109: Research methodology
- Exhibit 110: Validation techniques employed for market sizing
- Exhibit 111: Information sources
- 11.5 List of abbreviations
- Exhibit 112: List of abbreviations
About Technavio
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