NORTH AMERICA FLEXIBLE PACKAGING MARKET 2022-2028

 

 

TABLE OF CONTENTS

1. NORTH AMERICA FLEXIBLE PACKAGING MARKET - SUMMARY

2. INDUSTRY OUTLOOK

2.1. IMPACT OF COVID-19 ON THE FLEXIBLE PACKAGING MARKET

2.2. KEY INSIGHTS

2.2.1. FLEXIBLE PLASTICS ARE A GOOD SUBSTITUTE FOR TRADITIONAL PACKAGING

2.2.2. IMPROVEMENTS IN MANUFACTURING ACTIVITIES

2.2.3. ROTOGRAVURE PRINTING IS EXPECTED TO SHOW HIGH GROWTH TRENDS

2.3. PORTER’S FIVE FORCES ANALYSIS

2.3.1. THREAT OF NEW ENTRANTS

2.3.2. THREAT OF SUBSTITUTES

2.3.3. BARGAINING POWER OF BUYERS

2.3.4. BARGAINING POWER OF SUPPLIERS

2.3.5. THREAT OF COMPETITIVE RIVALRY

2.4. MARKET ATTRACTIVENESS INDEX

2.5. VENDOR SCORECARD

2.6. INDUSTRY COMPONENTS

2.6.1. MANUFACTURERS

2.6.2. DISTRIBUTORS

2.6.3. END-USER

2.7. KEY MARKET STRATEGIES

2.7.1. MERGERS & ACQUISITIONS

2.7.2. PRODUCT LAUNCHES & DEVELOPMENTS

2.7.3. PARTNERSHIPS & AGREEMENTS

2.7.4. BUSINESS EXPANSIONS & DIVESTITURES

2.8. MARKET DRIVERS

2.8.1. RISE IN DEMAND FOR CONVENIENT PACKAGING

2.8.2. INCREASING DEMAND FOR PROCESSED AND PACKAGED FOOD

2.8.3. NEED FOR IMPROVED SHELF LIFE

2.9. MARKET CHALLENGES

2.9.1. CHALLENGES IN RECYCLING FLEXIBLE PACKAGING PRODUCTS

2.9.2. HIGH OPERATIONAL COST

2.9.3. INCREASING RAW MATERIAL COSTS

2.10. MARKET OPPORTUNITIES

2.10.1. GROWING DEMAND FOR SUSTAINABLE PACKAGING SOLUTIONS

2.10.2. INCREASED DEMAND FROM THE E-COMMERCE INDUSTRY

3. NORTH AMERICA FLEXIBLE PACKAGING MARKET – BY RAW MATERIAL (REVENUE IN $ BILLION & VOLUME IN KILOTON)

3.1. PAPER

3.2. ALUMINUM

3.3. BIOPLASTIC

3.4. PLASTIC

4. NORTH AMERICA FLEXIBLE PACKAGING MARKET – BY APPLICATION (REVENUE IN $ BILLION & VOLUME IN KILOTON)

4.1. FOOD & BEVERAGE

4.2. PHARMACEUTICAL

4.3. COSMETICS

4.4. OTHERS

5. NORTH AMERICA FLEXIBLE PACKAGING MARKET – BY TYPE (REVENUE IN $ BILLION)

5.1. STAND-UP POUCHES

5.2. FLAT POUCHES

5.3. ROLLSTOCK

5.4. GUSSETED BAGS

5.5. WICKETED BAGS

5.6. WRAPS

6. NORTH AMERICA FLEXIBLE PACKAGING MARKET – BY PRINTING TECHNOLOGY (REVENUE IN $ BILLION)

6.1. FLEXOGRAPHY

6.2. ROTOGRAVURE

6.3. DIGITAL PRINTING

6.4. OTHERS

7. NORTH AMERICA FLEXIBLE PACKAGING MARKET – COUNTRY OUTLOOK (REVENUE IN $ BILLION & VOLUME IN KILOTON)

7.1. UNITED STATES

7.2. CANADA

8. COMPETITIVE LANDSCAPE

8.1. RENGO CO LTD

8.2. MITSUI BUSSAN PACKAGING CO LTD

8.3. HOSOKAWA YOKO CO LTD

8.4. TAKIGAWA CORPORATION

8.5. MICHELMAN JAPAN LLC

8.6. ASAHI KASEI

8.7. DAI NIPPON PRINTING CO LTD

8.8. KOHJIN FILM & CHEMICALS CO LTD

8.9. OKURA INDUSTRIAL

8.10. SEALED AIR CORPORATION

8.11. FLAIR FLEXIBLE PACKAGING CORPORATION

8.12. EPAC

8.13. KORPACK CORPORATION

8.14. HANDOO PACKAGE CO LTD

8.15. MONDI GROUP

8.16. AMCOR LTD

8.17. AMERPLAST

8.18. SOLVAY S.A.

8.19. COVERIS MANAGEMENT GMBH

8.20. KM PACKAGING SERVICES LTD

8.21. TCL PACKAGING

8.22. AMERICAN PACKAGING CORPORATION

8.23. BRYCE CORPORATION

8.24. BISCHOF + KLEIN SE & CO KG

9. RESEARCH METHODOLOGY & SCOPE

9.1. RESEARCH SCOPE & DELIVERABLES

9.2. SOURCES OF DATA

9.3. RESEARCH METHODOLOGY

 

 

TABLE LIST

TABLE 1:  NORTH AMERICA FLEXIBLE PACKAGING MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $ BILLION)

TABLE 2:  NORTH AMERICA FLEXIBLE PACKAGING MARKET, COUNTRY OUTLOOK, 2022-2028 (IN KILOTON)

TABLE 3:  VENDOR SCORECARD

TABLE 4:  LIST OF MERGERS & ACQUISITIONS

TABLE 5:  LIST OF PRODUCT LAUNCHES & DEVELOPMENTS

TABLE 6:  LIST OF PARTNERSHIPS & AGREEMENTS

TABLE 7:  LIST OF BUSINESS EXPANSIONS & DIVESTITURES

TABLE 8:  NORTH AMERICA FLEXIBLE PACKAGING MARKET, BY RAW MATERIAL, 2022-2028 (IN $ BILLION)

TABLE 9:  NORTH AMERICA FLEXIBLE PACKAGING MARKET, BY RAW MATERIAL, 2022-2028 (IN KILOTON)

TABLE 10:  NORTH AMERICA FLEXIBLE PACKAGING MARKET, BY APPLICATION, 2022-2028 (IN $ BILLION)

TABLE 11:  NORTH AMERICA FLEXIBLE PACKAGING MARKET, BY APPLICATION, 2022-2028 (IN KILOTON)

TABLE 12:  NORTH AMERICA FLEXIBLE PACKAGING MARKET, BY TYPE, 2022-2028 (IN $ BILLION)

TABLE 13:  NORTH AMERICA FLEXIBLE PACKAGING MARKET, BY PRINTING TECHNOLOGY, 2022-2028 (IN $ BILLION)

TABLE 14:  NORTH AMERICA FLEXIBLE PACKAGING MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $ BILLION)

TABLE 15:  NORTH AMERICA FLEXIBLE PACKAGING MARKET, COUNTRY OUTLOOK, 2022-2028 (IN KILOTON)

 

 

FIGURE LIST

FIGURE 1:  MARKET ATTRACTIVENESS INDEX

FIGURE 2:  INDUSTRY COMPONENTS

FIGURE 3:  NORTH AMERICA FLEXIBLE PACKAGING MARKET, BY RAW MATERIAL, 2021 & 2028 (IN %)

FIGURE 4:  NORTH AMERICA FLEXIBLE PACKAGING MARKET, BY PAPER, 2022-2028 (IN $ BILLION)

FIGURE 5:  NORTH AMERICA FLEXIBLE PACKAGING MARKET, BY ALUMINUM, 2022-2028 (IN $ BILLION)

FIGURE 6:  NORTH AMERICA FLEXIBLE PACKAGING MARKET, BY BIOPLASTIC, 2022-2028 (IN $ BILLION)

FIGURE 7:  NORTH AMERICA FLEXIBLE PACKAGING MARKET, BY PLASTIC, 2022-2028 (IN $ BILLION)

FIGURE 8:  NORTH AMERICA FLEXIBLE PACKAGING MARKET, BY APPLICATION, 2021 & 2028 (IN %)

FIGURE 9:  NORTH AMERICA FLEXIBLE PACKAGING MARKET, BY FOOD & BEVERAGE, 2022-2028 (IN $ BILLION)

FIGURE 10:  NORTH AMERICA FLEXIBLE PACKAGING MARKET, BY PHARMACEUTICAL, 2022-2028 (IN $ BILLION)

FIGURE 11:  NORTH AMERICA FLEXIBLE PACKAGING MARKET, BY COSMETICS, 2022-2028 (IN $ BILLION)

FIGURE 12:  NORTH AMERICA FLEXIBLE PACKAGING MARKET, BY OTHERS, 2022-2028 (IN $ BILLION)

FIGURE 13:  NORTH AMERICA FLEXIBLE PACKAGING MARKET, BY TYPE, 2021 & 2028 (IN %)

FIGURE 14:  NORTH AMERICA FLEXIBLE PACKAGING MARKET, BY STAND-UP POUCHES, 2022-2028 (IN $ BILLION)

FIGURE 15:  NORTH AMERICA FLEXIBLE PACKAGING MARKET, BY FLAT POUCHES, 2022-2028 (IN $ BILLION)

FIGURE 16:  NORTH AMERICA FLEXIBLE PACKAGING MARKET, BY ROLLSTOCK, 2022-2028 (IN $ BILLION)

FIGURE 17:  NORTH AMERICA FLEXIBLE PACKAGING MARKET, BY GUSSETED BAGS, 2022-2028 (IN $ BILLION)

FIGURE 18:  NORTH AMERICA FLEXIBLE PACKAGING MARKET, BY WICKETED BAGS, 2022-2028 (IN $ BILLION)

FIGURE 19:  NORTH AMERICA FLEXIBLE PACKAGING MARKET, BY WRAPS, 2022-2028 (IN $ BILLION)

FIGURE 20:  NORTH AMERICA FLEXIBLE PACKAGING MARKET, BY PRINTING TECHNOLOGY, 2021 & 2028 (IN %)

FIGURE 21:  NORTH AMERICA FLEXIBLE PACKAGING MARKET, BY FLEXOGRAPHY, 2022-2028 (IN $ BILLION)

FIGURE 22:  NORTH AMERICA FLEXIBLE PACKAGING MARKET, BY ROTOGRAVURE, 2022-2028 (IN $ BILLION)

FIGURE 23:  NORTH AMERICA FLEXIBLE PACKAGING MARKET, BY DIGITAL PRINTING, 2022-2028 (IN $ BILLION)

FIGURE 24:  NORTH AMERICA FLEXIBLE PACKAGING MARKET, BY OTHERS, 2022-2028 (IN $ BILLION)

FIGURE 25:  NORTH AMERICA FLEXIBLE PACKAGING MARKET, COUNTRY OUTLOOK, 2021 & 2028 (IN %)

FIGURE 26:  UNITED STATES FLEXIBLE PACKAGING MARKET 2022-2028 (IN $ BILLION)

FIGURE 27:  CANADA FLEXIBLE PACKAGING MARKET 2022-2028 (IN $ BILLION)

 

 

Developing F&B and pharmaceutical sectors creates opportunities for the flexible packaging market

 

Get more insights into the North America Flexible Packaging Market:

 

https://www.tritonmarketresearch.com/reports/north-america-flexible-packaging-market

 

MARKET OUTLOOK

According to Triton Market Research, the flexible packaging market in North America is deemed to attain a CAGR of 4.17% in revenue and 3.48% in volume over the forecasting years from 2022 to 2028. The United States and Canada shape the market in the region.

In the US, the rising demand for flexible packaging has compelled market players to invest heavily in product innovation. For instance, in 2020, Kodak announced the launch of Sapphire EVO W, the first flexible packaging press using continuous inkjet technology. Furthermore, the increasing e-commerce industry has boosted the demand for convenient packaging solutions. In this regard, flexible packaging provides comfort over rigid packaging. Therefore, the growing product innovations are expected to widen the scope of the flexible packaging market.

The Canadian flexible packaging market is primarily driven due to the rapidly-developing packaging & frozen food industry. In accordance with the Food & Consumer Products of Canada, the packaged & frozen food industry places a higher emphasis on the quality of ingredients added to the food products, in addition to the convenience of packaging quality. Conversely, as per the Government of Canada, the food & beverage processing industry is the second largest sector in the country, accounting for 17% of the overall manufacturing shipment as well as 2% of Canada’s gross domestic product. Furthermore, the rising adoption of organic food, integrated with the increase in health consciousness and the need for convenient and ready-to-use food, has further influenced the demand and increasing utility of flexible packaging in Canada.

 

 

COMPETITIVE OUTLOOK

The renowned firms in the market are Handoo Package Co Ltd, Mondi Group, Amcor Ltd, Solvay S.A., Coveris Management GmbH, KM Packaging Services Ltd, TCL Packaging, and Amerplast. 

 

 

SEGMENTATION

1.     RENGO CO LTD

2.     MITSUI BUSSAN PACKAGING CO LTD

3.     HOSOKAWA YOKO CO LTD

4.     TAKIGAWA CORPORATION

5.     MICHELMAN JAPAN LLC

6.     ASAHI KASEI

7.     DAI NIPPON PRINTING CO LTD

8.     KOHJIN FILM & CHEMICALS CO LTD

9.     OKURA INDUSTRIAL

10. SEALED AIR CORPORATION

11. FLAIR FLEXIBLE PACKAGING CORPORATION

12. EPAC

13. KORPACK CORPORATION

14. HANDOO PACKAGE CO LTD

15. MONDI GROUP

16. AMCOR LTD

17. AMERPLAST

18. SOLVAY S.A.

19. COVERIS MANAGEMENT GMBH

20. KM PACKAGING SERVICES LTD

21. TCL PACKAGING

22. AMERICAN PACKAGING CORPORATION

23. BRYCE CORPORATION

24. BISCHOF + KLEIN SE & CO KG