North America Flexible Packaging Market Segments, Opportunities, Regional Forecast To 2028
The North America flexible packaging market is expected to grow from US$ 43,999.48 million in 2021 to US$ 58,888.76 million by 2028. It is estimated to grow at a CAGR of 4.3% from 2021 to 2028.
The
on-the-go snacking concept is closely associated with the easy consumption and
handling of food products. Thus, the demand for convenience food products is
increasing due to the linked convenience of consumption, aided by flexible and
disposable packaging that prevents the bars, rolls, drinks, and many products from
coming in contact with hands, keeping them clean to work simultaneously. Also,
working professionals increasingly seek tasty, nutritional, and sustainable
foods to fuel their on-the-go lifestyles.
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Moreover,
flexible packaging of food and beverage products is more convenient for end
users to handle them safely and appropriately. Flexible packaging comes in
various materials, shapes, and sizes and is typically produced in either formed
or unformed configurations. Formed products are pre-shaped with the option of
filling and sealing yourself in-house, while unformed products usually come on
a roll sent to co-packers for forming and filling. The materials used in
flexible packaging are easy to manipulate and combine into innovative and
customizable styles, such as pouches, sachets, printed roll stocks, stock bags,
and others. So, increasing demand for snacks and convenience foods and
beverages is expected to fuel the market growth across the region.
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Amcor plc
Berry Global Inc.
Constantia Flexibles
Flexpak services
Huhtamaki
Mondi
Sealed Air
Sonoco Products Company
The flexible packaging market is a
dynamic and evolving sector, driven by changing consumer preferences,
technological advancements, and increasing sustainability concerns. Here's a
comprehensive overview:
What is Flexible Packaging?
- Flexible packaging refers to packaging solutions that
utilize pliable materials, allowing for easy shaping and adaptation to
various product forms.
- This contrasts with rigid packaging, such as glass jars
or metal cans.
- Common examples include pouches, bags, sachets, films,
and wraps.
- Materials used range from plastics and paper to
aluminum foil and bio-based alternatives.
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