North America flexible packaging market was valued at US$8.548 billion in 2018 and is projected to grow at a CAGR of 2.07% during the forecast period to reach the market size of US$43.578 billion by 2024. Factors that contribute to the growth of flexible packaging market in this region include improving economic scenario, high disposable income, rising consumer confidence, along with declining unemployment levels, especially in the U.S. Rising use of stand-up pouches due to lightweight portability and convenience, particularly of single-serve flexible packaging formats has also augmented the demand for flexible packaging solutions. Technological advancement in the development of sophisticated barrier materials has also provided the necessary impetus to the demand for these solutions. However, growing environmental sustainability concerns will restrain the growth of the flexible packaging market in North America.
The North America Flexible Packaging Market – Forecasts from 2019 to 2024 is an exhaustive study which aims to present the key market trends through various chapters focusing on different aspects of the market. The study provides a detailed market overview through the market dynamics sections which detail key market, drivers, restraints, and opportunities in the current market. The report analyzes key opportunity regional markets, and the current technology penetration through lifecycle analysis. The report also analyzes the market through comprehensive market segmentation by type, by water treatment systems/processes, and by geography.
The North America flexible packaging market has been segmented on the basis of type, material, end-user industries, and countries. By type, the market is segmented as pouch (stand-up pouch, flat pouch), bag (gusset bag, wicket bag), film, wrap. On the basis of material, the market is segmented as plastic (polyethylene, polypropylene, polystyrene, polyvinyl chloride, others), paper, and aluminum. Furthermore, the research study also analyses the market by end-user industries such as food & beverage, personal care, pharmaceutical, and others. By country, the market has been segmented in to the United States, Canada, and Mexico.
Major players in the North America flexible packaging market have been covered along with their relative competitive position and strategies. The report also mentions recent deals and investments of different market players over the last year. The company profiles section details the business overview, financial performance for the past three years, key products and services being offered along with the recent developments of these important players in the North America flexible packaging market.
By End-User Industry
Food & Beverage