The North America Food Packaging Films Market would witness market growth of 5.6% CAGR during the forecast period (2022-2028).
The preservation and safeguarding of food are the primary function of plastic wrap in food packing. Food that has been wrapped in plastic can remain fresh for a longer duration and have a longer shelf life. Food is typically shielded by plastic wrap from three dangers: chemical, biological, and physical. Chemical dangers include gases, moisture, as well as light (mechanical damage).
Plastic wrap can help with food preservation and protection as well as waste reduction, food tagging, distribution process simplification, product visibility, and microwave ability. Due to the potential release of harmful compounds from plastic materials into food products, there has been a rise in health concerns. Different materials, including polyethylene, low-density polyethylene, etc., are used to make plastic packaging.
To enhance the quality and properties of plastic materials, additives such as lubricants, UV-absorbers, plasticizers, colorants, and antioxidants are added. In addition, plastic materials are frequently coated and printed during the finishing steps that involve inks and varnishes. Foods are protected from external contamination by the barrier qualities of plastic packaging; however, the additives and coating ingredients can contaminate the food and have negative health effects.
In the region, the food packaging films market is spurring exponentially. When it comes to product innovation in terms of both quality and application development, the North American market has been a pioneer. North America's most developed nations are the United States, Canada, and Mexico. The market for food packaging films will experience growth as a result of factors, like rising disposable income levels, rising demand for convenience foods, increasing costs for single portion packs or tiny packs, improving economic conditions, and rising rates of packaged food consumption.
The US market dominated the North America Food Packaging Films Market by Country in 2021; thereby, achieving a market value of $15.2 billion by 2028. The Canada market is experiencing a CAGR of 8% during (2022 - 2028). Additionally, The Mexico market is exhibiting a CAGR of 7.1% during (2022 - 2028).
Based on Type, the market is segmented into Flexible Packaging Films and Rigid Packaging Films. Based on Material, the market is segmented into Polyethylene, Polypropylene, Polyethylene Terephthalate and Polyamide. Based on Application, the market is segmented into Meat, Poultry & Seafood, Fruits & Vegetables, Bakery & Confectionery, Convenience Foods, Dairy Products and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Food Packaging Films Market is Predict to reach $75.4 Billion by 2028, at a CAGR of 6.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Amcor Plc., Berry Global Group, Inc., Sealed Air Corporation, Coveris Management GmbH (Sun Capital Partners, Inc.), Mondi Plc., DuPont de Nemours, Inc., DS Smith Plc., WestRock Company, Graphic Packaging Holding Company and Charter Next Generation.
>
Scope of the Study
Market Segments Covered in the Report:
By Type
- Flexible Packaging Films
- Rigid Packaging Films
By Material
- Polyethylene
- Polypropylene
- Polyethylene Terephthalate
- Polyamide
By Application
- Meat, Poultry & Seafood
- Fruits & Vegetables
- Bakery & Confectionery
- Convenience Foods
- Dairy Products
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Amcor Plc.
- Berry Global Group, Inc.
- Sealed Air Corporation
- Coveris Management GmbH (Sun Capital Partners, Inc.)
- Mondi Plc.
- DuPont de Nemours, Inc.
- DS Smith Plc.
- WestRock Company
- Graphic Packaging Holding Company
- Charter Next Generation
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Food Packaging Films Market, by Type
1.4.2 North America Food Packaging Films Market, by Material
1.4.3 North America Food Packaging Films Market, by Application
1.4.4 North America Food Packaging Films Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition and scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Acquisitions and Mergers: 2018, Nov – 2022, Aug) Leading Players
Chapter 4. North America Food Packaging Films Market by Type
4.1 North America Flexible Packaging Films Market by Country
4.2 North America Rigid Packaging Films Market by Country
Chapter 5. North America Food Packaging Films Market by Material
5.1 North America Polyethylene Market by Country
5.2 North America Polypropylene Market by Country
5.3 North America Polyethylene Terephthalate Market by Country
5.4 North America Polyamide Market by Country
Chapter 6. North America Food Packaging Films Market by Application
6.1 North America Meat, Poultry & Seafood Market by Country
6.2 North America Fruits & Vegetables Market by Country
6.3 North America Bakery & Confectionery Market by Country
6.4 North America Convenience Foods Market by Country
6.5 North America Dairy Products Market by Country
6.6 North America Others Market by Country
Chapter 7. North America Food Packaging Films Market by Country
7.1 US Food Packaging Films Market
7.1.1 US Food Packaging Films Market by Type
7.1.2 US Food Packaging Films Market by Material
7.1.3 US Food Packaging Films Market by Application
7.2 Canada Food Packaging Films Market
7.2.1 Canada Food Packaging Films Market by Type
7.2.2 Canada Food Packaging Films Market by Material
7.2.3 Canada Food Packaging Films Market by Application
7.3 Mexico Food Packaging Films Market
7.3.1 Mexico Food Packaging Films Market by Type
7.3.2 Mexico Food Packaging Films Market by Material
7.3.3 Mexico Food Packaging Films Market by Application
7.4 Rest of North America Food Packaging Films Market
7.4.1 Rest of North America Food Packaging Films Market by Type
7.4.2 Rest of North America Food Packaging Films Market by Material
7.4.3 Rest of North America Food Packaging Films Market by Application
Chapter 8. Company Profiles
8.1 Amcor Plc.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expenses
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.1.5.2 Product Launches and Product Expansions:
8.1.5.3 Acquisitions and Mergers:
8.2 Berry Global Group, Inc.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.5.2 Product Launches and Product Expansions:
8.2.5.3 Acquisition and Mergers:
8.3 Sealed Air Corporation
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expenses
8.3.5 Recent strategies and developments:
8.3.5.1 Product Launches and Product Expansions:
8.3.5.2 Acquisition and Mergers:
8.4 Coveris Management GmbH (Sun Capital Partners, Inc.)
8.4.1 Company Overview
8.4.2 Recent strategies and developments:
8.4.2.1 Product Launches and Product Expansions:
8.4.2.2 Acquisition and Mergers:
8.5 Mondi Plc.
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental Analysis
8.5.4 Recent strategies and developments:
8.5.4.1 Partnerships, Collaborations, and Agreements:
8.5.4.2 Acquisition and Mergers:
8.6 DuPont de Nemours, Inc.
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expense
8.6.5 Recent strategies and developments:
8.6.5.1 Product Launches and Product Expansions:
8.7 DS Smith Plc.
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expenses
8.7.5 Recent strategies and developments:
8.7.5.1 Partnerships, Collaborations, and Agreements:
8.8 WestRock Company
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Recent strategies and developments:
8.8.4.1 Partnerships, Collaborations, and Agreements:
8.8.4.2 Acquisition and Mergers:
8.9 Graphic Packaging Holding Company
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research & Development Expenses
8.9.5 Recent strategies and developments:
8.9.5.1 Partnerships, Collaborations, and Agreements:
8.9.5.2 Product Launches and Product Expansions:
8.9.5.3 Acquisition and Mergers:
8.10. Charter Next Generation
8.10.1 Company Overview
8.10.2 Recent strategies and developments:
8.10.2.1 Acquisition and Mergers:
TABLE 1 North America Food Packaging Films Market, 2018 - 2021, USD Million
TABLE 2 North America Food Packaging Films Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements – Food Packaging Films Market
TABLE 4 Product Launches And Product Expansions – Food Packaging Films Market
TABLE 5 Acquisition and Mergers – Food Packaging Films Market
TABLE 6 North America Food Packaging Films Market by Type, 2018 - 2021, USD Million
TABLE 7 North America Food Packaging Films Market by Type, 2022 - 2028, USD Million
TABLE 8 North America Flexible Packaging Films Market by Country, 2018 - 2021, USD Million
TABLE 9 North America Flexible Packaging Films Market by Country, 2022 - 2028, USD Million
TABLE 10 North America Rigid Packaging Films Market by Country, 2018 - 2021, USD Million
TABLE 11 North America Rigid Packaging Films Market by Country, 2022 - 2028, USD Million
TABLE 12 North America Food Packaging Films Market by Material, 2018 - 2021, USD Million
TABLE 13 North America Food Packaging Films Market by Material, 2022 - 2028, USD Million
TABLE 14 North America Polyethylene Market by Country, 2018 - 2021, USD Million
TABLE 15 North America Polyethylene Market by Country, 2022 - 2028, USD Million
TABLE 16 North America Polypropylene Market by Country, 2018 - 2021, USD Million
TABLE 17 North America Polypropylene Market by Country, 2022 - 2028, USD Million
TABLE 18 North America Polyethylene Terephthalate Market by Country, 2018 - 2021, USD Million
TABLE 19 North America Polyethylene Terephthalate Market by Country, 2022 - 2028, USD Million
TABLE 20 North America Polyamide Market by Country, 2018 - 2021, USD Million
TABLE 21 North America Polyamide Market by Country, 2022 - 2028, USD Million
TABLE 22 North America Food Packaging Films Market by Application, 2018 - 2021, USD Million
TABLE 23 North America Food Packaging Films Market by Application, 2022 - 2028, USD Million
TABLE 24 North America Meat, Poultry & Seafood Market by Country, 2018 - 2021, USD Million
TABLE 25 North America Meat, Poultry & Seafood Market by Country, 2022 - 2028, USD Million
TABLE 26 North America Fruits & Vegetables Market by Country, 2018 - 2021, USD Million
TABLE 27 North America Fruits & Vegetables Market by Country, 2022 - 2028, USD Million
TABLE 28 North America Bakery & Confectionery Market by Country, 2018 - 2021, USD Million
TABLE 29 North America Bakery & Confectionery Market by Country, 2022 - 2028, USD Million
TABLE 30 North America Convenience Foods Market by Country, 2018 - 2021, USD Million
TABLE 31 North America Convenience Foods Market by Country, 2022 - 2028, USD Million
TABLE 32 North America Dairy Products Market by Country, 2018 - 2021, USD Million
TABLE 33 North America Dairy Products Market by Country, 2022 - 2028, USD Million
TABLE 34 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 35 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 36 North America Food Packaging Films Market by Country, 2018 - 2021, USD Million
TABLE 37 North America Food Packaging Films Market by Country, 2022 - 2028, USD Million
TABLE 38 US Food Packaging Films Market, 2018 - 2021, USD Million
TABLE 39 US Food Packaging Films Market, 2022 - 2028, USD Million
TABLE 40 US Food Packaging Films Market by Type, 2018 - 2021, USD Million
TABLE 41 US Food Packaging Films Market by Type, 2022 - 2028, USD Million
TABLE 42 US Food Packaging Films Market by Material, 2018 - 2021, USD Million
TABLE 43 US Food Packaging Films Market by Material, 2022 - 2028, USD Million
TABLE 44 US Food Packaging Films Market by Application, 2018 - 2021, USD Million
TABLE 45 US Food Packaging Films Market by Application, 2022 - 2028, USD Million
TABLE 46 Canada Food Packaging Films Market, 2018 - 2021, USD Million
TABLE 47 Canada Food Packaging Films Market, 2022 - 2028, USD Million
TABLE 48 Canada Food Packaging Films Market by Type, 2018 - 2021, USD Million
TABLE 49 Canada Food Packaging Films Market by Type, 2022 - 2028, USD Million
TABLE 50 Canada Food Packaging Films Market by Material, 2018 - 2021, USD Million
TABLE 51 Canada Food Packaging Films Market by Material, 2022 - 2028, USD Million
TABLE 52 Canada Food Packaging Films Market by Application, 2018 - 2021, USD Million
TABLE 53 Canada Food Packaging Films Market by Application, 2022 - 2028, USD Million
TABLE 54 Mexico Food Packaging Films Market, 2018 - 2021, USD Million
TABLE 55 Mexico Food Packaging Films Market, 2022 - 2028, USD Million
TABLE 56 Mexico Food Packaging Films Market by Type, 2018 - 2021, USD Million
TABLE 57 Mexico Food Packaging Films Market by Type, 2022 - 2028, USD Million
TABLE 58 Mexico Food Packaging Films Market by Material, 2018 - 2021, USD Million
TABLE 59 Mexico Food Packaging Films Market by Material, 2022 - 2028, USD Million
TABLE 60 Mexico Food Packaging Films Market by Application, 2018 - 2021, USD Million
TABLE 61 Mexico Food Packaging Films Market by Application, 2022 - 2028, USD Million
TABLE 62 Rest of North America Food Packaging Films Market, 2018 - 2021, USD Million
TABLE 63 Rest of North America Food Packaging Films Market, 2022 - 2028, USD Million
TABLE 64 Rest of North America Food Packaging Films Market by Type, 2018 - 2021, USD Million
TABLE 65 Rest of North America Food Packaging Films Market by Type, 2022 - 2028, USD Million
TABLE 66 Rest of North America Food Packaging Films Market by Material, 2018 - 2021, USD Million
TABLE 67 Rest of North America Food Packaging Films Market by Material, 2022 - 2028, USD Million
TABLE 68 Rest of North America Food Packaging Films Market by Application, 2018 - 2021, USD Million
TABLE 69 Rest of North America Food Packaging Films Market by Application, 2022 - 2028, USD Million
TABLE 70 Key Information – Amcor Plc
TABLE 71 Key Information – Berry Global Group, Inc.
TABLE 72 Key Information – Sealed Air Corporation
TABLE 73 Key Information – Coveris Management GmbH
TABLE 74 Key Information – Mondi Plc
TABLE 75 Key Information –DuPont de Nemours, Inc.
TABLE 76 Key Information – DS Smith Plc
TABLE 77 key Information – WestRock Company
TABLE 78 Key Information – Graphic Packaging Holding Company
TABLE 79 Key Information – Charter Next Generation
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Acquisitions and Mergers: 2018, Nov – 2022, Aug) Leading Players
FIG 5 Recent strategies and developments: Amcor plc
FIG 6 Recent strategies and developments: Berry Global Group, Inc.
FIG 7 Recent strategies and developments: Sealed Air Corporation
FIG 8 Recent strategies and developments: Graphic Packaging Holding Company