United States Plastic Packaging Films Market Size (2024 - 2029)

United States Plastic Packaging Films Market Analysis

The United States Plastic Packaging Films Market size is estimated at 5.58 Million tonnes in 2024, and is expected to reach 6.62 Million tonnes by 2029, growing at a CAGR of 3.48% during the forecast period (2024-2029).

• The US plastic packaging film market is growing vibrantly, creating unique solutions for multiple packaging challenges. In recent years, various end-user industries, such as food, healthcare, cosmetics and toiletries, and others (consumer products, pharma, industrial applications, pet food), have increased demand for plastic films.
• In the United States, the flexible packaging industry employs over 85,000 individuals. This large workforce supports the entire packaging ecosystem, including suppliers of raw materials, machinery, and technology. This can lead to better supply chain integration and support the growth of the plastic packaging film market.
• The country’s population gravitates towards highly effective and convenient packaging. Urbanization, busy work schedules, and time pressure drive people toward ready-to-eat meals that come in flexible films. In addition, the rise in the demand for on-the-go snacks has led to the need for plastic packaging films, which offer convenience to consumers. In addition, changing consumer lifestyles, food preferences, and food technology further boost the market's demand.
• According to the US Census Bureau, from April to June 2023, 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 packaging film players in the region to develop new products to cater to the customer’s various needs and expand their market share in the region.
• Recycling and environmental considerations are essential when it comes to plastic packaging films. Plastic contamination in the oceans and landfills are both significantly impacted by packaging trash. Plastic packaging films significantly affect the environment's plastic pollution. Plastic poses a threat to marine life and ecosystems due to its slow disintegration, which can span hundreds of years.

United States Plastic Packaging Films Industry Segmentation

Plastic film packaging refers to various thin plastic materials that wrap or protect products. These films are commonly used in the food, pharmaceutical, and other industries. The report tracks the demand for converted packaging films across major resin and application types. This encompasses a range of materials and uses, reflecting the market's varied requirements and the evolving preferences of consumers and businesses.

The US 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). The report offers market forecasts and size in volume (tonnes) for all the above segments.