Trends and Opportunities in the US Packaging Industry

Trends and Opportunities in the US Packaging Industry

Summary

The packaging industry in the US is estimated to grow from 587.9 billion units in 2018 to 623.5 billion units by 2023, at a CAGR of 1.2%. Busier lifestyles, rising purchasing power and consequently growing demand for quick and on-the-go packaged goods is fueling growth in the packaging industry in the US. Product packaging with convenient, functional, and eco-friendly formats are expected to gain greater proliferation in the country. Over 2018-2023, the unit growth of rigid plastics is expected be the fastest, while the use of paper & board is expected to decline, over the same period.

This report brings together multiple data sources to provide a comprehensive overview of the US packaging industry. It includes market overview, growth analysis by pack material and industry, pack material growth analysis by industry and sector, analysis by pack material, and trends, case studies, and future outlook.

Scope

This report brings together multiple data sources to provide a comprehensive overview of the packaging industry in the US, as part of our coverage of the industry across 20 countries. It includes analysis on the following -

  • Market overview: Provides an overview of the use of different pack materials across different industries in terms of the number of units, packaging share, and growth rates during 2013-2023.
  • Growth in the use of pack material by sector: Provides an overview of the shift in the utilization of various pack materials across sectors during 2018-2023.
  • Key pack materials: Includes data and analysis — number of units (millions), volumes (million kg/lit/units), growth rates — for five packaging types: rigid plastics, rigid metal, glass, paper & board, flexible packaging, and others (not covered by the first five types) during 2018-2023. It also covers:
  • Pack sub-type: Includes aluminum, aluminum foil/paper/plastic, brick, flexible plastic, gable top, glass, HDPE, metal, paper, paper & board, PET, plastic, ready metal trays, shaped, thin-walled, and others
  • Pack type: Includes aerosol, jar, can - food, bag/sachet, pouch, tray, tub, carton, film, tin, bottle, box, blister pack, foil, wrapper, clamshell, tube, can - composite, can - drink, other line items, sleeve, can - paint, keg/drum, cup, bag-in-box, specialty cosmetic packs, and others
  • Closure material: Includes metal, natural, plastic, synthetic, and others
  • Closure type: Includes cap, twist-off, prize-off, foil, film, screw top, stopper, dispenser, flip/snap top, sports cap, plastic tie, crown, lever closure, and others
  • Primary outer material: Includes flexible, paper & board, rigid plastic, and others
  • Primary outer type: Includes box, sleeve, bag, shrink wrap, blister pack, and others
  • Trends, case studies, and future outlook: Provides an understanding of the ongoing packaging trends in the country — convenience, affordability, multi-packs, eco-friendly, etc.— across the five key pack materials. The report also provides a view into the future prospects of the packaging industry. The case studies in each packaging section gives a success example highlighting the packaging innovations, strategies, and best practices.
Reasons to buy
  • Manufacturing and retailers seek latest information on how the market is evolving to formulate their sales and marketing strategies. There is also demand for authentic market data with a high level of detail. This report has been created to provide its readers with up-to-date information and analysis to uncover emerging opportunities of growth within the sector in the region.
  • The report provides a detailed analysis of the countries in the region, covering the key challenges, competitive landscape and demographic analysis , that can help companies gain insight into the country specific nuances.
  • The analysts have also placed a significant emphasis on the key trends that drive consumer choice and the future opportunities that can be explored in the region, than can help companies in revenue expansion.
  • To gain competitive intelligence about leading brands in the sector in the region with information about their market share and growth rates.


  • Executive Summary
  • Market Overview
    • Key pack material - an overview 9
    • Market size analysis by pack material and industry 10
    • Pack unit analysis by industry 11
  • Growth Analysis by Pack Material and Industry
    • Packaging share change by material and industry 13
  • Pack Material Growth Analysis by Industry and Sector
    • Use of and change in consumption of pack material
    • Growth analysis by industry - food
    • Growth analysis by industry - cosmetics & toiletries
    • Growth analysis by industry - alcoholic beverages
    • Growth analysis by industry - non-alcoholic beverages
    • Growth analysis by industry - others*
  • Analysis by Pack Material - Rigid Plastics
    • Snapshot - Rigid Plastics
    • Rigid Plastics - growth analysis by pack sub-type and pack type
    • Rigid Plastics - growth analysis by closure material and closure type
    • Rigid Plastics - growth analysis by primary outer material and type
    • Rigid Plastics - market size and growth analysis by industry and sector
    • Rigid Plastics - change in market share by industries
      • Table Non-alcoholic beverages is expected to gain the maximum market share over 2018-2023
    • Key packaging trends
    • Key packaging innovation case study: LiquiForm(R)
    • Rigid Plastic - future outlook
  • Analysis by Pack Material - Rigid Metal
    • Snapshot - Rigid Metal
    • Rigid Metal - growth analysis by pack sub-type and pack type
    • Rigid Metal - growth analysis by closure material and closure type
    • Rigid Metal - growth analysis by primary outer material and type
    • Rigid Metal - market size and growth analysis by industry and sector
    • Rigid Metal - change in market share by industries
      • Table Alcoholic beverages will gain the maximum change in market share over 2018-2023
    • Key packaging trends
    • Key product innovation case study: Dove Style+Care `Compressed Flexible Hold Hair Spray'
    • Rigid Metal - future outlook
  • Analysis by Pack Material - Paper & Board
    • Snapshot - Paper & Board
    • Paper & Board - growth analysis by pack sub-type and pack type
    • Paper & Board - growth analysis by closure material and closure type
    • Paper & Board - growth analysis by primary outer material and type
    • Paper & Board - market size and growth analysis by industry and sector
    • Paper & Board - change in market share by industries
      • Table The food industry is forecast to gain the maximum change in market share over 2018-2023
    • Key packaging trends
    • Key product innovation case study: Just Water - 100% Spring Water
    • Paper & Board - future outlook
  • Analysis by Pack Material - Flexible Packaging
    • Snapshot - Flexible Packaging
    • Flexible packaging - growth analysis by pack sub-type and pack type
    • Flexible packaging - growth analysis by closure material and closure type
    • Flexible packaging - growth analysis by primary outer material and type
    • Flexible packaging - market size and growth analysis by industry and sector
    • Flexible packaging - change in market share by industries
      • Table The food industry will gain the maximum change in market share over 2018-2023
    • Key packaging trends
    • Key product innovation case study: Molson Coors 12-Pack Cooler Bag
    • Flexible packaging - future outlook
  • Analysis by Pack Material - Glass
    • Snapshot - Glass
    • Glass - growth analysis by pack sub-type and pack type
    • Glass - growth analysis by closure material and closure type
    • Glass - growth analysis by primary outer material and type
    • Glass - market size and growth analysis by industry and sector
    • Glass - change in market share by industries
      • Table The food industry will gain the maximum change in market share over 2018-2023
    • Key packaging trends
    • Key product innovation case study: BottleDrop Re-fillable Bottle
    • Glass - future outlook
  • Data
    • Table Market volume by pack material, 2013-2023, million*
    • Table Market size by pack material, 2013-2023, million units
    • Table Market volume of rigid plastics by industry, 2013-2023, million*
    • Table Market volume of rigid metal by industry, 2013-2023, million*
    • Table Market volume of paper & board by industry, 2013-2023, million*
    • Table Market volume of flexible packaging by industry, 2013-2023, million*
    • Table Market volume of glass by industry, 2013-2023, million*
    • Table Market volume of other packaging by industry, 2013-2023, million*
    • Table Market size of rigid plastics by industry, 2013-2023, million units
    • Table Market size of rigid metal by industry, 2013-2023, million units
    • Table Market size of paper & board by industry, 2013-2023, million units
    • Table Market size of flexible packaging by industry, 2013-2023, million units
    • Table Market size of glass by industry, 2013-2023, million units
    • Table Market size of other packaging by industry, 2013-2023, million units
    • Table Market size of rigid plastics by sectors, 2013-2023, million units
    • Table Market size of rigid metal by sectors, 2013-2023, million units
    • Table Market size of paper & board by sectors, 2013-2023, million units
    • Table Market size of flexible packaging by sectors, 2013-2023, million units
    • Table Market size of glass by sectors, 2013-2023, million units
    • Table Market size of rigid plastics by pack sub-type, 2013-2023, million units
    • Table Market size of rigid plastics by closure material, 2013-2023, million units
    • Table Market size of rigid plastics by closure type, 2013-2023, million units
    • Table Market size of rigid plastics by primary outer material, 2013-2023, million units
    • Table Market size of rigid plastics by primary outer type, 2013-2023, million units
    • Table Market size of rigid plastics by pack type, 2013-2023, million units
    • Table Market size of rigid metal by pack sub-type, 2013-2023, million units
    • Table Market size of rigid metal by pack type, 2013-2023, million units
    • Table Market size of rigid metal by closure material, 2013-2023, million units
    • Table Market size of rigid metal by closure type, 2013-2023, million units
    • Table Market size of rigid metal by primary outer material, 2013-2023, million units
    • Table Market size of rigid metal by primary outer type, 2013-2023, million units
    • Table Market size of paper & board by pack sub-type, 2013-2023, million units
    • Table Market size of paper & board by pack type, 2013-2023, million units
    • Table Market size of paper & board by closure type, 2013-2023, million units
    • Table Market size of paper & board by closure material, 2013-2023, million units
    • Table Market size of paper & board by primary outer material, 2013-2023, million units
    • Table Market size of paper & board by primary outer type, 2013-2023, million units
    • Table Market size of flexible packaging by pack sub-type, 2013-2023, million units
    • Table Market size of flexible packaging by pack type, 2013-2023, million units
    • Table Market size of flexible packaging by closure material, 2013-2023, million units
    • Table Market size of flexible packaging by closure type, 2013-2023, million units
    • Table Market size of flexible packaging by primary outer material, 2013-2023, million units
    • Table Market size of flexible packaging by primary outer type, 2013-2023, million units
    • Table Market size of glass by pack sub-type, 2013-2023, million units
    • Table Market size of glass by pack type, 2013-2023, million units
    • Table Market size of glass by closure type, 2013-2023, million units
    • Table Market size of glass by closure material, 2013-2023, million units
    • Table Market size of glass by primary outer material, 2013-2023, million units
    • Table Market size of glass by primary outer type, 2013-2023, million units
    • Table Market size of other packaging types by pack sub-type, 2013-2023, million units
    • Table Market size of other packaging types by pack type, 2013-2023, million units
    • Table Market size of other packaging types by closure material, 2013-2023, million units
    • Table Market size of other packaging types by closure type, 2013-2023, million units
    • Table Market size of other packaging types by primary outer material, 2013-2023, million units
    • Table Market size of other packaging types by primary outer type, 2013-2023, million units
  • Definitions
  • methodology
  • Trends Definitions
    • GlobalData's TrendSights framework
    • GlobalData has identified eight mega-trends that can be broken down into 63 trends
    • Definitions - trends: health & wellness
    • Definitions - trends: sensory & indulgence
    • Definitions - trends: comfort & uncertainty
    • Definitions - trends: sustainability & ethics
    • Definitions - trends: individualism & expression
    • Definitions - trends: smart & connected
    • Definitions - trends: easy & affordable

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook