The flexible laminated paper market size is estimated to be worth USD 1,510.8 million in 2024 and is anticipated to reach a value of USD 1,987.5 million by 2034. Sales are projected to rise at a CAGR of 2.8% over the forecast period between 2024 and 2034. The revenue generated by flexible laminated paper in 2023 was USD 1,473.6 million.
Flexible laminated papers are used in high-scale applications in the food industries and capture more than 57% of the market share over the forecast period as compared to non-food end-use industries.
This is because of the requirement of packaging, with good barrier properties for which it should have strength for maintaining freshness, extended shelf life, and protection against microbial contamination. Furthermore, flexible laminated paper matches with emerging consumer preference for sustainable packaging, which is also recyclable.
USA Flexible Laminated Paper Industry Forecast
Attributes | Key Insights |
---|---|
Historical Size, 2023 | USD 1,473.6 million |
Estimated Size, 2024 | USD 1,510.8 million |
Projected Size, 2034 | USD 1,987.5 million |
Value-based CAGR (2024 to 2034) | 2.8% |
Kraft paper within the paper type (base material) segment is likely to command over 55% of the total market share in the USA flexible laminated paper market in the assessment period. This is due to excellent strength and the ability to get recycled easily with minimal production costs and therefore, able to use it in cases requiring durable and environmentally-friendly performance.
The paper is suitable for use across any segment and for every area and department from food product packages up to industrial segments with different application possibilities throughout this diversity.
Single-layer laminates are projected to account for more than 60% compared to multi-layer laminates and it is projected to be worth USD 1,200.5 million by 2034. This is primarily driven by its unique features such as enhanced recyclability, lightweight design, moisture resistance, and customizable barrier properties. They also provide a cost-effective solution for various applications while ensuring printability and maintaining product freshness.
The USA flexible laminated paper market is anticipated to increase and be lucrative in the forecast period. Incremental opportunity in the USA flexible laminated paper market is estimated at USD 513.9 million in the forecast period and is likely to reach 1.3 times the current value by 2034.
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The below table presents the expected CAGR for the USA flexible laminated paper market over several semi-annual periods spanning from 2024 to 2034.
Particular | Value CAGR |
---|---|
H1 | 2.6% (2023 to 2033) |
H2 | 3.0% (2023 to 2033) |
H1 | 2.5% (2024 to 2034) |
H2 | 3.1% (2024 to 2034) |
In the first half (H1) of the decade from 2023 to 2033, the business is predicted to surge at a CAGR of 2.6%, followed by a slightly higher growth rate of 3.0% in the second half (H2) of the same decade. Moving into the subsequent period, from H1 2024 to H2 2034, the CAGR is projected to decrease slightly to 2.5% in the first half and remain relatively moderate at 3.1% in the second half. In the first half (H1) the market witnessed a decrease of 10 BPS while in the second half (H2), the market witnessed an increase of 10 BPS.
Rising E-commerce Sales Propel USA Flexible Laminated Paper Market
In the USA the market for flexible laminated paper has experienced a rapid expansion mostly due to the fast changing rate of E-commerce and the shift in consumer demand towards protective packaging that is lighter in weight. E-commerce sales rose 1.3% from the quarter before.
In the second quarter of 2024, USD 291.6 billion was generated through USA e-commerce, up from the first quarter, according to the USA Department of Commerce. Increasing demand in online retailing increases the needs for package designs that can survive transport and product integrity and will not impede the introduction of brand marketing techniques.
Flexible laminated paper provides the solution offered because it is strong, inexpensive, and extends the shelf life of products, especially in the food, health, and well-being industries. Further, enhancements in printing and lamination technology have enabled brands to dominate the market with appealing and practical design which adds even more worth to flexible laminated paper. For instance, retailers tend to favor flexible packaging that saves space during storage, and reduces wastage, thus, laminated paper becomes an ideal and functional option.
Increasing Demand for Flexible Laminated Paper in Food Safety
As the food safety regulations become stricter, the need for flexible laminated paper packaging is on the rise especially its effectiveness in avoiding contaminations. This aspect of packaging assists in keeping the product in good condition; prevents liquid from seeping inside and even keeps bad smells out which are all paramount in adhering to the food safety standards.
Laminated paper adds a third layer of packaging where it protects the goods from bacteria, dust, and other factors that can ruin the product during storage or distribution. Moreover, this packaging incorporates heat-sealing and tamper evident features in keeping the products intact from manufacturing to the end users.
As food safety issued are changing and more emphasis is placed on clean internal packaging, ways in which laminated paper is used is becoming usual in the applications of fresh food, snacks, ready to eat meals where quality and hygiene are of utmost importance for the health of consumers and compliance to policies and regulations alike.
Rising Production Costs May Hamper Growth in the Laminated Paper Market
Manufacturing of flexible laminated paper comprises various processes, which entails layering a paper base and incorporating one or more barrier materials, including but not limited to, plastics or aluminum. The process is markedly complicated as it entails setting up lamination, heat transfer systems, and sometimes even printing.
This adds to the cost of production and running the business. Also, high-quality inputs such as specialized plastic and paper add to the costs. Even though laminated paper provides better protection and the possibility of seamless graphics application, these costs are the reasons why laminated paper is much pricier than single-layer paper or plastic containers.
Therefore, companies may find it difficult to meet the expectations of consumers in relation to packaging that is not only cost-effective but also able to withstand wear and tear. Such factors may greatly limit the growth of the market
The USA flexible laminated paper market recorded a CAGR of 1.3% during the historical period between 2019 and 2023. Market growth of flexible laminated paper was positive as it reached a value of USD 1,473.6 million in 2023 from USD 1,398.6 million in 2019.
USA flexible laminated paper sales over the recent years have, however steadily increased, considering the hike in demand by companies for producing environment-friendly and efficient methods of packaging. Sustainable materials had become major factors supporting such expansion mainly due to demand for sustainable materials and consumer preference on lightweight and durable packaged goods.
Looking ahead, demand for flexible laminated paper is going to accelerate further, spurred by innovations in packaging technology and the pressure for increased recyclability. Foods, retail, and pharmaceutical leaders will especially be moving toward solutions that offer enhanced protection, branding, and environmental benefits.
Projected growth in the use of flexible laminated paper falls in line with changing consumer expectations and regulatory shifts towards sustainability in packaging. Higher demands from e-commerce and product safety and moisture resistance demands are likely to continue holding the market in an upward trend.
Tier 1 companies comprise market leaders with a market revenue of above USD 30 million capturing significant market share of 15% to 25% in USA flexible laminated paper market. These market leaders are characterized by high production capacity and a wide product portfolio.
These market leaders are distinguished by their extensive expertise in manufacturing across multiple packaging formats and a broad geographical reach, underpinned by a robust consumer base. They provide a wide range of series including recycling and manufacturing utilizing the latest technology and meeting the regulatory standards providing the highest quality.
Prominent companies within tier 1 include Amcor plc, Sonoco Products Company, Billerud AB, Constantia Flexibles Group Gmbh, Mondi plc and Huhtamäki Oyj.
Tier 2 companies include mid-size players with revenue of USD 5 to 30 million having presence in specific regions and highly influencing the local market. These are characterized by a strong presence overseas and strong market knowledge.
These market players have good technology and ensure regulatory compliance but may not have advanced technology and wide global reach. Prominent companies in tier 2 include Sierra Coating Technologies LLC., ProAmpac LLC., Mondi plc, Smurfit Westrock plc, Sealed Air Corporation, Interflex Group and few more.
Tier 3 includes the majority of small-scale companies operating at the local presence and serving niche markets having revenue below USD 5 million. These companies are notably oriented towards fulfilling local market demands and are consequently classified within the tier 3 share segment.
They are small-scale players and have limited geographical reach. Tier 3, within this context, is recognized as an unorganized market, denoting a sector characterized by a lack of extensive structure and formalization when compared to organized competitors.
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The section contains information about the leading segments in the industry. By layer type, single-layer laminates are estimated to account for a share of 60.4% by 2034. In terms pf application, bags & sacks are projected to dominate by holding a share of 26.5% by the end 2034.
End Use | Single-Layer Laminates |
---|---|
Value CAGR (2034) | 2.9% |
Single-layer laminates are expected to lead the USA flexible laminated paper market during the forecast period. Single-layer laminates to rise at a CAGR of 2.9%, generating an incremental growth opportunity worth USD 321.2 million by 2034.
Single-layer laminates are preferred over other layer types in the USA flexible laminated paper market as it is eco-friendly, inexpensive, and suitable to meet the current demands for packaging.
These single-layer laminates are easier to recycle by a single layer rather than multi-layered laminates as environmental regulations continue to rise and consumer’s demand recyclable packaging.
Unlike multi-layer laminates, which tend to mix different materials, single-layer options use fewer resources and save material costs while also reducing production time.
In addition, single-layer laminates can be customized with barrier properties for critical protection against moisture, light, and air to maintain product preservation by industry standards. Shipping costs also decrease because these are lighter, making it an economical option for brands wanting to reduce their environmental footprint while optimizing logistics.
These ensure that single-layer laminates become the most favored solution by several end use industries for today's sustainable packaging landscape.
Product | Bags & Sacks |
---|---|
Value CAGR (2034) | 2.3% |
Flexible laminated paper find major applications in bags & sacks packaging as compared to blister packs, pouches, wraps, trays and many more. It is anticipated to grow at rate of 2.3% over the forecast period in the USA flexible laminated paper market.
Flexible laminated papers are applied extensively in the USA for bags and sacks because of their strength, lightweight structure, and protection qualities. The papers provide a balance between the two requirements: both strength and flexibility.
Both these aspects are significant requirements for packaging heavy or bulky products in a manner such that they are safe for transportation and storage. It resists moisture and grease thus preventing contents from getting spoilt, and this aspect makes them suitable for use in food, agricultural, and industrial applications.
Laminates also provide customized barrier properties for enhanced freshness and shelf life of the products. The flexible laminated paper is preferred by eco-conscious consumers due to the reduction in material usage and recycling/biodegradability compared to other multi-material packs. Laminated flexible papers offer benefits that make them extremely popular across food, agriculture, and retail industries as bag and sack materials.
Key players of USA flexible laminated paper industry are developing and launching new products in the market. They are integrating with different firms and extending their geographical presence. Few of them are also collaborating and partnering with local brands and start-up companies for new product development.
Key Developments in Flexible Laminated Paper Market
In terms of material, the USA flexible laminated paper market is segmented paper type (base material) and lamination material. The paper type (base material) is further sub-segmented into kraft paper and coated paper. Also, lamination material is further categorized into polyethylene (PE), polypropylene (PP), polyethylene terephthalate (PET), ethylene vinyl alcohol (EVOH), bioplastics, and metallized foils.
Multiple layer types in the flexible laminated paper market include single-layer laminates and multi-layer laminates. The single-layer laminates include paper/PE, paper/PET and others. Whereas, multi-layer laminates include paper/aluminum/PE, paper/PET/aluminum/PE and other complex laminates.
Major applications in the flexible laminated paper market include bags & sacks, pouches. Sachets, wraps & roll stocks, trays, blister packs, foodservice disposables, envelops & mailers and stick packs.
Some of end users in the flexible laminated paper market include food and non-food. The food category further includes bakery products, confectionaries & chocolates, tea & coffee, butter & cheese, baby food, chilled/frozen food, and others (snacks, etc.). The non-food category includes healthcare & pharmaceuticals, beauty & personal care, homecare & hygiene, electrical & electronics, building materials (cement), agriculture & allied, chemical and other industrial
Key states of North East, South West, West, South East, and Midwest are covered.
The USA flexible laminated paper industry is projected to witness CAGR 2.8% between 2024 and 2034.
The USA flexible laminated paper industry stood at USD 1,473.6 million in 2023.
USA flexible laminated paper industry is anticipated to reach 1,987.5 million by 2034 end.
South West is set to record a CAGR of 5.2% in assessment period.
The key players operating in the USA flexible laminated paper industry are Amcor plc, Sonoco Products Company, Billerud AB, Constantia Flexibles Group Gmbh, Mondi plc and Huhtamäki Oyj.
1. Executive Summary 2. Industry Introduction 2.1. Market Taxonomy 2.2. Market Definition 3. Market Trends and Success Factors 4. Market Background 4.1. Macro-economic and Industry Outlook 4.2. Market Dynamics 4.3. Value Chain Analysis 4.4. List of Key Market Participants (Manufacturers/Channel Partners) 4.5. Analysis of Key Industry Matrices 4.6. Industry Development Roadmap 5. Market Demand Analysis 2019 to 2023 and Forecast 2024 to 2034 5.1. Historical Market Volume Analysis 5.2. Future Market Volume Projections 6. Pricing Analysis 7. Market Value (USD) Analysis 2019 to 2023 and Forecast 2024 to 2034 7.1. Historical Sales Analysis 7.2. Future Market Size and Growth Projections 8. Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Material 8.1. Paper Type (Base Material) 8.1.1. Kraft Paper 8.1.2. Coated Paper 8.2. Lamination Material 8.2.1. Polyethylene (PE) 8.2.2. Polypropylene (PP) 8.2.3. Polyethylene Terephthalate (PET) 8.2.4. Ethylene Vinyl Alcohol (EVOH) 8.2.5. Bioplastics 8.2.6. Metallized Foils 9. Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Layer Type 9.1. Single-layer Laminates 9.1.1. Paper/PE 9.1.2. Paper/PET 9.1.3. Other 9.2. Multi-layer Laminates 9.2.1. Paper/Aluminum/PE 9.2.2. Paper/PET/Aluminum/PE 9.2.3. Other Complex Laminates 10. Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Application 10.1. Bags & Sacks 10.2. Pouches 10.3. Sachets 10.4. Wraps & Roll Stock 10.5. Trays 10.6. Blister Packs 10.7. Foodservice Disposables 10.8. Envelopes and Mailers 10.9. Stick packs 11. Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by End Use 11.1. Food 11.1.1. Bakery Products 11.1.2. Confectionaries / Chocolates 11.1.3. Tea & Coffee 11.1.4. Butter & Cheese 11.1.5. Baby Food 11.1.6. Chilled/Frozen Food 11.1.7. Others (Snacks, etc.) 11.2. Non-food 11.2.1. Healthcare & Pharmaceuticals 11.2.2. Beauty & Personal care 11.2.3. Homecare & Hygiene 11.2.4. Electrical & Electronics 11.2.5. Building Materials (Cement) 11.2.6. Agriculture & Allied 11.2.7. Chemical 11.2.8. Other Industrial 12. Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Sub-Region 12.1. North East 12.2. South West 12.3. West 12.4. South East 12.5. Midwest 13. Sales Analysis 2024 & 2034 by Key Market Segments for 30 Countries 14. Competition Outlook including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 15. Company Profile 15.1. Sierra Coating Technologies LLC. 15.2. ProAmpac LLC. 15.3. Mondi plc 15.4. Smurfit Westrock plc 15.5. Amcor plc 15.6. Sealed Air Corporation 15.7. Sonoco Products Company 15.8. Huhtamäki Oyj 15.9. Constantia Flexibles Group Gmbh 15.10. Interflex Group 15.11. LPS Industries, LLC 15.12. Billerud AB 15.13. Oji Holdings Corp 15.14. Kapco
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