North America Plastic Packaging Film Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Volume (2024) | 3.77 Million tonnes |
| Market Volume (2029) | 4.33 Million tonnes |
| CAGR (2024 - 2029) | 2.81 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
North America Plastic Film Packaging Market Analysis
The North America Plastic Packaging Film Market size is estimated at 3.77 Million tonnes in 2024, and is expected to reach 4.33 Million tonnes by 2029, growing at a CAGR of 2.81% during the forecast period (2024-2029).
- The need to integrate technology with plastic film packaging is driven by rising demand for packaging materials with improved barrier qualities, product innovation, and increasing supply chain digitization. The growth of the food ingredients market in the region is driven by the growth of the food and beverage industry, increasing consumption of dairy and frozen dairy products, and increased focus on demand for processed and packaged foods. Plastic film packaging is the common packaging material. The growing demand for portable and suitable food packaging is driving the use of plastic film packaging across various industries.
- According to the US Census Bureau, from April to June 2023, the US retail e-commerce sales amounted to nearly USD 277.6 billion, marking an expansion compared to the previous quarter of 2023. Such a huge rise in e-commerce sales would push the plastic film packaging players in the region to develop new products to cater to the customer’s various needs and expand their market share in the region.
- With the increasing consumption of confectionaries and sweets, several plastic film packaging firms offer packaging products specifically catering to this demand and further driving their sales and revenues. For instance, as per the United States Census Bureau, the confectionery-producing industry revenue in the United States is expected to reach USD 10.89 billion by FY 2023.
- Recycling and environmental considerations are essential when it comes to packaging. Plastic contamination in the oceans and landfills are both significantly impacted by packaging trash. Plastic film packaging significantly affects the environment's plastic pollution. Plastic can affect marine life and ecosystems since it takes hundreds of years to disintegrate.
- Single-use packaging is either thrown away or recycled instead of being reused. According to the United States Environmental Protection Agency (EPA), about half of all municipal solid waste comprises food and materials used in food packaging. The issue with plastic packaging is that its natural degradation can take up to many years. Plastic pollutes the oceans, rivers, and lakes, and it litters the streets.
North America Plastic Packaging Film Market Trends
Polyethylene Film Is Expected to Witness Significant Growth
- Polyethylene is the primary material used in plastic film production. It is a lightweight, partially crystalline, thermoplastic resin characterized by high chemical resistance, low moisture absorption, and sound-insulating properties. The LDPE or LLDPE forms are preferred for film packaging and electrical insulation applications.
- LLDPE, a frequently employed packaging film in the industry, is characterized by its low density and the presence of comonomers that create branch-like structures on the main chain, reducing crystallinity. This results in a hazy appearance and a malleable texture. Compared to LDPE at the same density and thickness, LLDPE exhibits superior impact strength, tensile strength, puncture resistance, and elongation.
- Manufacturers are incorporating recycled polyethylene resin in flexible packaging film production. In November 2023, Amcor Group entered an agreement with NOVA Chemicals Corporation, a sustainable polyethylene producer, to procure mechanically recycled polyethylene resin (rPE) for flexible packaging films. This initiative demonstrates Amcor's commitment to circular packaging practices.
- NOVA Chemicals plans to establish its first mechanical recycling facility in Connersville, Indiana, with operations expected to begin in 2025. This collaboration will allow Amcor to acquire SYNDIGO rPE resin manufactured at NOVA Chemicals' upcoming recycling facility.
- The OECD reports that plastic consumption in the United States was 84.8 million tonnes in 2022 and is projected to reach 96.6 million tonnes in 2030. As overall plastic consumption increases, the demand for plastic packaging materials, including plastic films, is expected to rise correspondingly.
Food Segment to Show Significant Growth
- The plastic packaging film industry continues to innovate in material science, production processes, and packaging technologies. While current focus areas include high-performance barrier films, stronger and thinner materials, and improved printing capabilities, future developments may shift toward bioplastics. Due to its recyclability and biodegradability, bio-based PLA film is expected to become a significant component in food, confectionery, bakery, and snack packaging.
- The demand for pet food in Canada, driven by the large number of households owning pets, particularly dogs and cats, creates a substantial market for plastic film packaging solutions. As per Hepper, a company specializing in pet blogs, a statement from an article released in February 2024 suggests that over half of Canadian households (60%) have at least one dog or cat as pets.
- Polyethylene (PE) dominates the market in terms of volume, owing to its lightweight properties and strong resistance to chemicals and moisture. Its versatility allows for wide application, from packaging fruits and vegetables to protecting meat and seafood.
- The United States is a major consumer of frozen food. A 2023 survey by Circana revealed that frozen chicken sales in the United States reached USD 730 million, while frozen pizza sales amounted to USD 1,564 million. This high frozen food consumption is expected to drive growth in North America's films and wraps segment.
- The growth in supermarket and grocery store sales typically correlates with increased demand for packaging materials, including plastic films used for various food and beverage products.
- According to the US Census Bureau, sales at United States supermarkets and other grocery stores rose from USD 600.95 billion in 2016 to approximately USD 846.38 billion in 2023.
North America Plastic Film Packaging Industry Overview
The North American plastic packaging film market is fragmented due to the establishment of numerous manufacturers of plastic films. Players in this market often adopt key strategies such as product launches, collaboration, and partnerships to enhance their market presence and ensure sustainability. These strategies allow them to expand their operational capabilities, access new markets, and strengthen their competitive edge.
- April 2024: Amcor Flexibles North America, a prominent global packaging player, launched its expansion plans to bolster its dairy production capacity. The company is set to elevate its printing and converting capabilities in Northeast Wisconsin, United States, within the next 18 months. This strategic move is in direct response to the escalating demand for flexible dairy packaging.
- November 2023: Berry Global launched an enhanced iteration of its Omni Xtra polyethylene cling film, designed for fresh food applications. This new variant serves as a high-performance substitute for conventional polyvinyl chloride (PVC) cling films. While the original Omni Xtra film was well-received for packaging fruits, vegetables, meats, poultry, and various deli and bakery items, the upgraded Omni Xtra+ film boasts enhanced elasticity, uniform stretching, and superior impact resistance.
North America Plastic Packaging Film Market Leaders
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Profol Americas Inc.
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TEKRA LLC (A Mativ Brand)
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Cosmo Films Inc.
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Taghleef Industries Inc.
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Flex Films (USA) Inc. (UFlex Limited)
*Disclaimer: Major Players sorted in no particular order
North America Plastic Packaging Film Market News
- May 2024: UFlex, a flexible packaging manufacturer with operations in the United States, launched its offerings in the final quarter of FY 2024. The company introduced new products specifically designed for both labels and flexible packaging. UFlex's packaging films division notably rolled out the 'B-UUB-M' Outstanding Barrier Metallized BOPP Film. This innovative film is crafted to cater to various products, including dry fruits, beverages, chips, snacks, biscuits, cookies, confectionery, and chocolate items.
- March 2024: The Plastics Industry Association (PLASTICS) launched the Flexible Film Recycling Alliance (FFRA) to boost recycling rates, improve access, and educate the public on flexible plastic film products in the United States. FFRA's primary goal is to tackle the hurdles of recycling flexible films and bags by uniting stakeholders from the entire supply chain.
North America Plastic Film Packaging Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumption and Market Defintion
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
4.1 Market Overview
4.2 Industry Attractiveness - Porter's Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Threat of Substitutes
4.2.5 Intensity of Competitive Rivalry
4.3 Industry Value Chain Analysis
5. MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Increased Demand for Convenient Packaging
5.2 Market Restraints
5.2.1 Concerns Regarding the Environment And Recycling
6. MARKET SEGMENTATION
6.1 By Type
6.1.1 Polypropylene (Biaxially Oriented Polypropylene (BOPP), Cast polypropylene (CPP))
6.1.2 Polyethylene (Low-Density Polyethylene (LDPE), Linear low-density polyethylene (LLDPE))
6.1.3 Polyethylene Terephthalate (Biaxially Oriented Polyethylene Terephthalate (BOPET))
6.1.4 Polystyrene
6.1.5 Bio-Based
6.1.6 PVC, EVOH, PETG, and Other Film Types
6.2 By End-User Industry
6.2.1 Food
6.2.1.1 Candy & Confectionery
6.2.1.2 Frozen Foods
6.2.1.3 Fresh Produce
6.2.1.4 Dairy Products
6.2.1.5 Dry Foods
6.2.1.6 Meat, Poultry, And Seafood
6.2.1.7 Pet Food
6.2.1.8 Other Food Products (Seasonings & Spices, Spreadables, Sauces, Condiments, etc.)
6.2.2 Healthcare
6.2.3 Personal Care & Home Care
6.2.4 Industrial Packaging
6.2.5 Other End-use Industry Applications (Agricultural, Chemical, etc.)
6.3 By Country
6.3.1 United States
6.3.2 Canada
7. COMPETITIVE LANDSCAPE
7.1 Company Profiles*
7.1.1 Profol Americas Inc.
7.1.2 TEKRA LLC (A Mativ Brand)
7.1.3 Cosmo Films Inc.
7.1.4 Taghleef Industries Inc.
7.1.5 Flex Films (USA) Inc. (UFlex Limited)
7.1.6 Klockner Pentaplast Group
7.1.7 Tara Plastics Corporation (A Part of Sigma Plastic Group)
7.1.8 Berry Global Group
7.1.9 Jindal Films (Jindal Films Europe S.A.R.L)
7.1.10 Winpak Ltd7.1.11 Amcor Group GmbH
7.1.11 Innovia Films (CCL Industries Inc.)
7.1.12 SUDPACK Holding GmbH
8. INVESTMENT ANALYSIS
9. FUTURE OUTLOOK OF THE MARKET
North America Plastic Film Packaging Industry Segmentation
The study covers the plastic film packaging market tracked in terms of volume (million tonnes). Plastic film packaging is a flexible packaging solution made from different plastic materials, depending on the end-user requirements. The study tracks the demand for converted packaging films across the major resin and end-user industry applications. The report analyzes the factors that impact geopolitical developments in the studied market based on the prevalent base scenarios, key themes, and end-user industries-related demand cycles. The analysis is based on the market insights captured through secondary research and the primaries. The market also covers the major factors impacting the growth of the plastic film packaging market in terms of drivers and restraints. The estimates exclude the weight and the cost of the content that is or is to be packed inside the plastic film packaging. The scope of the study is limited to B2B demand.
The North American plastic packaging films market is segmented by type (polypropylene (biaxially oriented polypropylene (BOPP), cast polypropylene (CPP)), polyethylene (low-density polyethylene (LDPE), linear low-density polyethylene (LLDPE)), polyethylene terephthalate (biaxially oriented polyethylene terephthalate (BOPET)), polystyrene, bio-based, PVC, EVOH, PETG, and other film types), by end-user industry (food [candy and confectionery, frozen foods, fresh produce, dairy products, dry foods, meat, poultry, and seafood, pet food, and other food products (seasonings and spices, spreadable, sauces, condiments, etc.)], healthcare, personal care and home care, industrial packaging, other end-user industry applications) by country (United States, Canada). The report offers market forecasts and size in volume (tonnes) for all the above segments.
| By Type | |
| Polypropylene (Biaxially Oriented Polypropylene (BOPP), Cast polypropylene (CPP)) | |
| Polyethylene (Low-Density Polyethylene (LDPE), Linear low-density polyethylene (LLDPE)) | |
| Polyethylene Terephthalate (Biaxially Oriented Polyethylene Terephthalate (BOPET)) | |
| Polystyrene | |
| Bio-Based | |
| PVC, EVOH, PETG, and Other Film Types |
| By End-User Industry | ||||||||||
| ||||||||||
| Healthcare | ||||||||||
| Personal Care & Home Care | ||||||||||
| Industrial Packaging | ||||||||||
| Other End-use Industry Applications (Agricultural, Chemical, etc.) |
| By Country | |
| United States | |
| Canada |
North America Plastic Film Packaging Market Research FAQs
How big is the North America Plastic Packaging Film Market?
The North America Plastic Packaging Film Market size is expected to reach 3.77 million tonnes in 2024 and grow at a CAGR of 2.81% to reach 4.33 million tonnes by 2029.
What is the current North America Plastic Packaging Film Market size?
In 2024, the North America Plastic Packaging Film Market size is expected to reach 3.77 million tonnes.
Who are the key players in North America Plastic Packaging Film Market?
Profol Americas Inc., TEKRA LLC (A Mativ Brand), Cosmo Films Inc., Taghleef Industries Inc. and Flex Films (USA) Inc. (UFlex Limited) are the major companies operating in the North America Plastic Packaging Film Market.
What years does this North America Plastic Packaging Film Market cover, and what was the market size in 2023?
In 2023, the North America Plastic Packaging Film Market size was estimated at 3.66 million tonnes. The report covers the North America Plastic Packaging Film Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the North America Plastic Packaging Film Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
North America Plastic Film Packaging Industry Report
Statistics for the 2024 North America Plastic Packaging Film market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. North America Plastic Packaging Film analysis includes a market forecast outlook for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
