Us Multi-material Flexible Packaging Market Size By Applications, By Type, By End-User, By Deployment & By Technology 2032
Multi-material Flexible Packaging Market was valued at USD 40.5 Billion in 2022 and is projected to reach USD 70.0 Billion by 2030, growing at a CAGR of 7.5% from 2024 to 2030.
The U.S. multi-material flexible packaging market is experiencing significant growth, driven by consumer demand for convenience and sustainability. In 2023, the U.S. flexible packaging market was valued at approximately USD 63.46 billion, with projections indicating a compound annual growth rate (CAGR) of 4.1% from 2024 to 2030. citeturn0search0 A notable development in this sector is Amcor's acquisition of Berry Global Group for $8.43 billion, announced in November 2024. This merger aims to create a packaging powerhouse with combined revenues of $24 billion, enhancing market reach and capabilities. citeturn0news23 The market's expansion is also influenced by the rising popularity of microwaveable and oven-ready packaging solutions. Consumers increasingly seek packaging that offers convenience without compromising sustainability. Innovations such as vacuum pouches, high-temperature retort pouches, and stand-up pouches have transformed packaging trends, providing both functionality and environmental benefits. citeturn0search2 Sustainability remains a critical focus, with companies exploring bio-based and biodegradable materials to reduce environmental impact. The adoption of materials like polylactic acid (PLA) and starch-based substances offers new functionalities, including biodegradability, aligning with consumer and regulatory demands for eco-friendly solutions. citeturn0search2 Technological advancements are further shaping the industry. The integration of digital printing allows for improved print quality and customization, catering to consumer preferences for personalized packaging. Additionally, the incorporation of smart packaging technologies, such as RFID tags and NFC, enhances product traceability and transparency, meeting the growing demand for information on product origins and environmental impact. citeturn0search1 The trend of mergers and acquisitions is leading to industry consolidation, enabling companies to expand their market presence and diversify product offerings. For instance, Amcor's acquisition of Berry Global not only positions it as a leader in the flexible packaging market but also exemplifies the strategic moves companies are making to achieve economies of scale and enhance their competitive edge. citeturn0news23 In summary, the U.S. multi-material flexible packaging market is poised for continued growth, driven by consumer preferences, technological innovations, and strategic industry consolidations. As companies navigate challenges and opportunities, the focus on sustainability, convenience, and advanced technologies will likely define the market's trajectory in the coming years.
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DS Smith PLC
Lacroix Emballages SA
Nefab Packaging Inc
Mondi PLC
AVERY DENNISON CORP
Tri-Wall Group
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Multi-material Flexible Packaging Market
Polyethylene (PE)
Polypropylene (PP)
Polyvinyl Chloride (PVC)
Ethylene Vinyl Alcohol (EVOH)
Stand-Up Pouches
Flat Pouches
Roll Stock
Custom Bags
Liquid Pouches
Food and Beverages
Pharmaceuticals
Personal Care and Cosmetics
Household Products
Industrial Applications
Up to 50 microns
51 - 100 microns
101 - 150 microns
151 - 200 microns
Above 200 microns
Flexographic Printing
Rotogravure Printing
Digital Printing
Offset Printing
Screen Printing
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Multi-material Flexible Packaging Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Multi-material Flexible Packaging Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Multi-material Flexible Packaging Market, By Type
6. Global Multi-material Flexible Packaging Market, By Application
7. Global Multi-material Flexible Packaging Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Multi-material Flexible Packaging Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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