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NA Plastic Packaging Market Size (2024 - 2029)

The North American plastic packaging market is experiencing growth driven by the essential food and beverage sector, which has remained robust despite the pandemic. The market's expansion is fueled by the rise of e-commerce, innovations in digital printing, and a shift towards sustainable and flexible packaging solutions. In the United States, flexible packaging, particularly for food products, is seeing significant demand due to its practicality and consumer acceptance. Canada is expected to grow rapidly, supported by innovative packaging techniques and a strong retail industry. The increasing need for convenience and long shelf life in food products is further propelling the market's development in the region.

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Market Size of NA Plastic Packaging Industry

North America Plastic Packaging Market
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 2.70 %
Market Concentration Medium

Major Players

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*Disclaimer: Major Players sorted in no particular order

North America Plastic Packaging Market Analysis

North America's plastic packaging market is expected to grow with a CAGR of 2.7% during the forecast period of 2021-2026. The spread of novel coronavirus has not negatively affected the plastic packaging industry in North America. This is because it supports the vital food and beverage industry, which comes under essential services and will not be discontinued till the pandemic is over. The US Food and Drug Administration (FDA) has temporarily relaxed certain packaging and labeling requirements for shell eggs that are sold in retail markets. This is because the pandemic led to a surge in demand for shell eggs, while appropriately labeled retail packaging for such products dropped.

  • The packaging industry in the North American region has undergone a drastic change in recent years, and the growth of e-commerce, along with innovations in digital printing, and sustainability are driving the market. Due to this, there has been an increased demand for sustainable, flexible packaging. For instance, according to the Flexible Packaging Association, more than 60% of consumers in North America are keen to pay more for tangible and functional packaging benefits, such as product protection, shipping friendly, and supply chain efficacy, among others.
  • Flexible packaging is mainly used for food, which contributes to more than 60% of the total market. The US flexible packaging industry is witnessing healthy growth, as the industry was able to implement innovative solutions for the many packaging challenges it faced. According to the Flexible Packaging Association, brand owners are taking on films, pouches, and bags as a go-to packaging solution, acknowledgments in part to extensive acceptance by American consumers.
  • The increased domestic demand for aluminum has led to an upsurge in aluminum foil imports from China, whose foil shipments to the United States increased almost 10-fold, valued at around 265 million pounds, in the last decade. Today, flexible packaging is mostly used for food, with the fastest areas of expansion being coffee, snack foods, fresh produce, ready-to-eat meals, and pet food.
  • Canada is anticipated to witness a higher growth rate due to the growing adoption of innovative packaging techniques across numerous industries. Furthermore, the region has a flourishing retail industry that banks heavily on flexible packaging methods, being a global leader in the retail industry.
  • The increasing popularity of packaging media in Canada, which provides long shelf life to finished food products, is driving the rigid packaging in the food and beverage industry in Canada. Moreover, the rising demand for convenience food and an increasing number of nuclear families is expected to further enhance the adoption of the rigid packaging market for food and beverages.

North America Plastic Packaging Industry Segmentation

Plastic packaging solutions are used across various industries such as manufacturing, retail, and healthcare. Plastic packaging has gained significant traction in the healthcare industry due to its high barrier properties, long shelf-life, and durability. North America Plastic Packaging Market is segmented by Type (Rigid Plastic Packaging (Material, Product, End User), Flexible Plastic Packaging (Material, Product, End User)) and Country.

Rigid Plastic Packaging
By Material
PE
PP
PET
PS and EPS
Other Materials
By Product
Bottles and Jars
Trays and Containers
Caps and Closures
Other Products
By End User
Food
Beverage
Personal Care
Pharmaceuticals
Other End Users
Flexible Plastic Packaging
By Material
PE
BOPP
CPP
Other Materials
By Product
Pouches and Bags
Films and Wraps
Other Products
By End User
Food
Beverage
Personal Care
Other End Users
By Country
US
Canada
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NA Plastic Packaging Market Size Summary

The North American plastic packaging market is experiencing a steady growth trajectory, driven by the essential role it plays in supporting the food and beverage industry, which remains a critical sector even during disruptions like the COVID-19 pandemic. The market is witnessing a significant transformation due to the rise of e-commerce, advancements in digital printing, and a growing emphasis on sustainability. This shift has led to an increased demand for flexible packaging solutions, particularly in the food sector, which dominates the market. The adoption of innovative packaging techniques and materials, such as films, pouches, and bags, is gaining traction among brand owners, largely due to their acceptance by consumers who value product protection and supply chain efficiency.

In Canada, the market is poised for higher growth, fueled by the retail industry's reliance on flexible packaging and the increasing demand for convenience foods. The country's focus on eco-friendly packaging solutions is evident through various initiatives and collaborations aimed at enhancing recycling rates and reducing plastic waste. The regulatory landscape, influenced by bodies like the FDA and CFIA, ensures stringent standards for packaging quality and safety, further driving innovation in the sector. Major players in the market are actively pursuing sustainable packaging solutions, as seen in collaborations and product developments aimed at reducing environmental impact. This competitive environment is characterized by strategic partnerships and technological advancements, positioning the North American plastic packaging market for continued expansion and evolution.

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NA Plastic Packaging Market Size - Table of Contents

  1. 1. MARKET INSIGHTS

    1. 1.1 Market Overview

    2. 1.2 Industry Attractiveness - Porter's Five Forces Analysis

      1. 1.2.1 Bargaining Power of Suppliers

      2. 1.2.2 Bargaining Power of Consumers

      3. 1.2.3 Threat of New Entrants

      4. 1.2.4 Intensity of Competitive Rivalry

      5. 1.2.5 Threat of Substitutes

    3. 1.3 Industry Value Chain Analysis

  2. 2. MARKET SEGMENTATION - BY TYPE

    1. 2.1 Rigid Plastic Packaging

      1. 2.1.1 By Material

        1. 2.1.1.1 PE

        2. 2.1.1.2 PP

        3. 2.1.1.3 PET

        4. 2.1.1.4 PS and EPS

        5. 2.1.1.5 Other Materials

      2. 2.1.2 By Product

        1. 2.1.2.1 Bottles and Jars

        2. 2.1.2.2 Trays and Containers

        3. 2.1.2.3 Caps and Closures

        4. 2.1.2.4 Other Products

      3. 2.1.3 By End User

        1. 2.1.3.1 Food

        2. 2.1.3.2 Beverage

        3. 2.1.3.3 Personal Care

        4. 2.1.3.4 Pharmaceuticals

        5. 2.1.3.5 Other End Users

    2. 2.2 Flexible Plastic Packaging

      1. 2.2.1 By Material

        1. 2.2.1.1 PE

        2. 2.2.1.2 BOPP

        3. 2.2.1.3 CPP

        4. 2.2.1.4 Other Materials

      2. 2.2.2 By Product

        1. 2.2.2.1 Pouches and Bags

        2. 2.2.2.2 Films and Wraps

        3. 2.2.2.3 Other Products

      3. 2.2.3 By End User

        1. 2.2.3.1 Food

        2. 2.2.3.2 Beverage

        3. 2.2.3.3 Personal Care

        4. 2.2.3.4 Other End Users

    3. 2.3 By Country

      1. 2.3.1 US

      2. 2.3.2 Canada

NA Plastic Packaging Market Size FAQs

The NA Plastic Packaging Market is projected to register a CAGR of 2.70% during the forecast period (2024-2029)

Berry Global Inc., Amcor PLC, Mondi PLC, DS Smith PLC and Sonoco Products Company are the major companies operating in the NA Plastic Packaging Market.

North America Plastic Packaging Market Report Snapshots

North America Plastic Packaging Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)