• Login
    • Join
  • FOLLOW:
  • Subscribe Free
    • Magazine
    • eNewsletter
    Checkout
    • Magazine
    • News
    • Exclusives
    • Top Companies
    • Printing Inks
    • Raw Materials
    • Equipment
    • Directories
    • Events
    • Jobs
    • More
  • Magazine
  • News
  • Exclusives
  • Top Companies
  • Printing Inks
  • Raw Materials
  • Equipment
  • Directories
  • Events
  • Jobs
  • Current / Back Issues
    Features
    Columns
    Editorial
    Digital Edition
    eNewsletter Archive
    Our Team
    Editorial Guidelines
    Subscribe Now
    Advertise Now
    eBook
    Top Features
    Sustainability and the Ink Industry

    The State of the Pigment Industry in 2021

    The 2021 Regulatory Report

    Production Equipment Helps Drive Ink Industry’s Sustainability Efforts

    Ink Industry Sees Opportunities in the Circular Economy
    Breaking News
    Distributor News
    Financial News
    Industry News
    Ink Manufacturers News
    Market Research
    Mergers and Acquisitions
    New Products
    Personnel
    Price Increases
    Printers News
    Suppliers News
    Live From Shows
    Top News
    Mark Andy Launches Monochrome Digital Print Bar

    Avient Launches ColorMatrix Optica Specialty Toners

    Capital Printing Invests in 2nd Komori Press

    Massilly North America Adds Koenig & Bauer MetalStar 3 Metal Decorating Press

    BCF's Tom Bowtell Voted VP of World Coatings Council
    Top North American Companies
    Top International Companies
    Conductive Inks and Printed Electronics
    Graphic Arts Coatings
    Inkjet Inks and Toners
    Marking and Pad Printing Inks
    News Inks
    Packaging Flexo Inks
    Packaging Gravure Inks
    Publication Gravure Inks
    Publication Offset Inks
    Screen Inks
    Sheetfed Inks
    Specialty Inks
    UV and EB Inks

    Mark Andy Launches Monochrome Digital Print Bar

    Avient Launches ColorMatrix Optica Specialty Toners

    Massilly North America Adds Koenig & Bauer MetalStar 3 Metal Decorating Press

    Capital Printing Invests in 2nd Komori Press

    Dantex Launches SuperWhite Technology
    Additives
    Energy-Curable Materials
    Flushed Colors and Pigments
    Metallics and Special Effects Pigments
    Resins
    Vehicles and Varnishes
    Waxes

    Avient Launches ColorMatrix Optica Specialty Toners

    Shepherd Color Company Opens Sales Office in China

    EU Innovation Fund Evaluating Perstorp-created Project AIR

    2021 RadLaunch Award Winners Announced

    Avient Showcasing Solutions for Circular Economy at Chinaplas 2021
    Energy-Curing Equipment
    Mills and Mixers
    Testing, Color and QC

    2021 RadLaunch Award Winners Announced

    METTLER TOLEDO Launches XPR Automatic Balance

    Bühler Fully Operational for Customer Trials

    Bühler Launches BühlerVision

    ALTANA Reports 2020 Results
    Buyers Guide
    Distributor Guide
    European Ink Directory
    U.S. Ink Directory
    International Buyers Guide Companies
    Hockmeyer Equipment Corp.

    ROSS Mixers

    Netzsch Premier Technologies, LLC

    Brilliant Group, Inc.

    Shamrock Technologies, Inc.
    Industry Events
    Live from Show Event
    Webinars
    Top Events
    Coatings Expo Vietnam 2021

    Middle East Coatings Show 2021

    PRINTING United Expo 2021

    Eastern Coatings Show 2021

    Labelexpo Americas 2022
    • Magazine
      • Current / Back Issues
      • Features
      • Editorial
      • Departments
      • Columns
      • Digital Edition
      • eNewsletter Archive
      • Editorial Guidelines
      • Subscribe Now
      • Advertise Now
    • Breaking News
    • Directory
      • Buyers Guide
      • Distributor Guide
      • European Ink Directory
      • U.S. Ink Directory
      • Trade Associations
    • Printing Inks
      • Conductive Inks and Printed Electronics
      • Graphic Arts Coatings
      • Inkjet Inks and Toners
      • Marking and Pad Printing Inks
      • News Inks
      • Packaging Flexo Inks
      • Packaging Gravure Inks
      • Publication Gravure Inks
      • Publication Offset Inks
      • Screen Inks
      • Sheetfed Inks
      • Specialty Inks
      • UV and EB Inks
    • Raw Materials
      • Additives
      • Energy-Curable Materials
      • Flushed Colors and Pigments
      • Metallics and Special Effects Pigments
      • Resins
      • Vehicles and Varnishes
      • Waxes
    • Equipment
      • Energy-Curing Equipment
      • Mills and Mixers
      • Testing, Color and QC
    • Top Companies
      • Top North American Companies
      • Top International Companies
    • Online Exclusives
    • Slideshows
    • Expert's Opinion
    • Videos
    • eBook
    • Podcasts
    • Blog
    • Infographics
    • Whitepapers
    • Jobs
    • Supplier Microsites
      • Companies
      • Literature / Brochures
      • Whitepapers
      • Product Spec Sheets
      • Videos
      • Jobs
    • Events
      • Industry Events
      • Live From Show Events
      • Webinars
    • About Us
      • About Us
      • Contact Us
      • Advertise With Us
      • Privacy Policy
      • Terms of Use
    Breaking News

    FPA Publishes 2020 State of the Flexible Packaging Industry Report

    U.S. flexible packaging industry continues to experience positive and steady growth.

    FPA Publishes 2020 State of the Flexible Packaging Industry Report
    Related CONTENT
    • Jackson Paper Manufacturing Expands Corrugated Solutions with HP PageWide C500
    • Joon Choo Appointed Shamrock Technologies President
    • Sun Chemical Releases Winter 2021 Regulatory Newsletter
    • Sonoco Implementing Price Increase for Uncoated Recycled Paperboard
    • Pritzker Private Capital Acquires Vertellus
    Ink World staff10.13.20

    The Flexible Packaging Association’s (FPA) 2020 State of the Flexible Packaging Industry Report provides industry converters, suppliers, investors, and analysts with insight into the performance (i.e. growth, revenue/volume expectations, profitability, and capital spending) of the U.S. flexible packaging industry over the past year. 

     

    This definitive source of data and information also examines several other aspects of the U.S. flexible packaging industry including:

    • Performance (growth, revenue/volume expectations, profitability, and capital spending);
    • Materials and processes (printing and expected material usage);
    • End-uses (end-use forecast);
    • Structure and consolidation (M&A activity);
    • Imports and exports (trade outlook);
    • Industry vision, challenges, and critical issues

    The report survey was conducted early in 2020 with the majority of completed surveys received between January and early March, and the remainder were received between April and June 2020.

     

    As a result, this year’s forecast data does not fully reflect the impact of the COVID-19 pandemic. Even today, many health experts are wary of a health crisis this fall due to the combined effects of the normal flu season and the on-going COVID-19 pandemic. How this series of events will affect the U.S. and global economies are not clear.

     

    The total U.S. flexible packaging industry is estimated to be $33.6 billion in annual sales for 2019. The flexible packaging industry includes packaging for retail and institutional food and non-food, medical and pharmaceutical, industrial materials, shrink and stretch films, retail shopping bags, consumer storage bags, and wraps and trash bags.

     

    The focus of this report is on the segment of the industry that adds significant value to the flexible materials, usually by performing multiple processes, such as printing, laminating, coating, extrusion, and bag/pouch manufacturing. This segment of the industry is estimated to be $26.2 billion for 2019 and does not include retail shopping bags, consumer storage bags, or trash bags.

     

    Flexible packaging represents approximately 19% of the total $177 billion U.S. packaging industry and is the second-largest packaging segment behind corrugated paper, and just ahead of bottles and miscellaneous rigid plastics packaging. Flexible packaging’s solid long-term strength coupled with flexibles’ ability to replace other packaging formats has resulted in the growth of flexible packaging, increasing from 17% in 2000 to the current level of 19% in 2019.

     

    The industry has shown steady growth over the last 20 years with two exceptions, the downturn of 2001 due to the 9/11 terrorist attacks and the ‘Great Recession’ of 2009. This steady growth and expansion have been aided by innovation in technology and products, growth in new and existing markets, and an ability to adapt to the ever-changing environment of today’s marketplace.

     

    For 2018-2019, FPA estimates a solid annual growth rate for total U.S. flexible packaging of 2.2% based on information provided by FPA members in the FPA State of the Industry Survey, by non-members in the FPA Industry-Wide Converters Survey, the Census Bureau’s latest Annual Survey of Manufactures, and FPA’s long-term historical model of flexible packaging industry growth. 

     

    This projection is in line with the long-term trend line of flexible packaging growth for 2003-2019 as the industry continues to improve from the low level experienced in 2009. The estimated growth rate of 2.2% is slightly lower than the projected gross domestic product (GDP) growth for the full year 2019, in which the latest data indicates an overall U.S. economic growth of 2.3%.

     

    The U.S. flexible packaging industry employs close to 79,000 people in the United States and encompasses a wide variety of manufacturing methods, materials, and resources. The average flexible packaging converter is a small to medium-size company with annual sales totaling approximately $73-$75 million.

     

    The top 100 flexible packaging companies (out of an estimated 453) account for 81% of the total industry revenue with an average size of $248 million. 

     

    The top 10 flexible packaging companies account for just over half (59%) of flexible packaging industry revenue and have average sales of $1.7-$1.8 billion. The majority of flexible packaging plants are concentrated in the Midwest, although many plants exist in the Southeast and California.

     

    This year’s report includes data from the U.S. Census Bureau’s 2016 Annual Survey of Manufactures (ASM) full set of reports for all U.S. NAICS Industries. 

     

    Census Bureau data for 2017 is now projected to be available in November 2020, as is the full economic census which is conducted every five years.

     

    Related Searches
    • Packaging Gravure Inks
    • Packaging Flexo Inks
    Related Knowledge Center
    • Packaging Flexo Inks
    • Packaging Gravure Inks
    Suggested For You
    Jackson Paper Manufacturing Expands Corrugated Solutions with HP PageWide C500 Jackson Paper Manufacturing Expands Corrugated Solutions with HP PageWide C500
    Joon Choo Appointed Shamrock Technologies President Joon Choo Appointed Shamrock Technologies President
    Sun Chemical Releases Winter 2021 Regulatory Newsletter Sun Chemical Releases Winter 2021 Regulatory Newsletter
    Sonoco Implementing Price Increase for Uncoated Recycled Paperboard Sonoco Implementing Price Increase for Uncoated Recycled Paperboard
    Pritzker Private Capital Acquires Vertellus Pritzker Private Capital Acquires Vertellus
    Chemours Prepared to Support US Industry with Next-Gen, Low Global Warming Potential Technologies Chemours Prepared to Support US Industry with Next-Gen, Low Global Warming Potential Technologies
    RadTech North America Joins US Plastics Pact RadTech North America Joins US Plastics Pact
    Flint Group Continues Legal Pursuit of Trend Offset Printing on Breach of Contract Claim Flint Group Continues Legal Pursuit of Trend Offset Printing on Breach of Contract Claim
    More Customers Opt for Heidelberg Subscription Packages More Customers Opt for Heidelberg Subscription Packages
    ProAmpac Acquires Rosenbloom Groupe Inc., Hymopack Ltd., Dyne-A-Pak ProAmpac Acquires Rosenbloom Groupe Inc., Hymopack Ltd., Dyne-A-Pak
    Maroon Group to Distribute Elementis Coating Additives Nationwide Maroon Group to Distribute Elementis Coating Additives Nationwide
    PCB-11 and its Presence in the Environment PCB-11 and its Presence in the Environment
    The BoxMaker Acquiring Tango Press The BoxMaker Acquiring Tango Press
    Durst Recognized by Printing United Alliance Durst Recognized by Printing United Alliance
    IMEC Media Installs Ireland IMEC Media Installs Ireland's 1st Mark Andy Evolution

    Related Breaking News

    • Breaking News | Inkjet Inks and Toners | Packaging Flexo Inks | Printers News
      Mark Andy Launches Monochrome Digital Print Bar

      Mark Andy Launches Monochrome Digital Print Bar

      DPV is an inkjet module designed to efficiently add single-color variable data to any new or existing digital, flexo, or finishing machine.
      Anthony Locicero, Associate editor 04.13.21

    • Breaking News | Ink Manufacturers News | Inkjet Inks and Toners | Packaging Flexo Inks | Printers News | Screen Inks
      FUJIFILM Canada, Spicers Canada Enter National Distributor Agreement

      FUJIFILM Canada, Spicers Canada Enter National Distributor Agreement

      Include's Fujifilm's CTP (computer-to-plate) plates and related equipment.
      Anthony Locicero, Associate editor 04.09.21

    • Breaking News | Ink Manufacturers News | Packaging Flexo Inks | Packaging Gravure Inks | Sheetfed Inks
      hubergroup Now Offers Cradle to Cradle Material Health Gold Certified Portfolio

      hubergroup Now Offers Cradle to Cradle Material Health Gold Certified Portfolio

      For commercial and packaging offset printing.
      Anthony Locicero, Associate editor 04.08.21


    • Breaking News | Graphic Arts Coatings | Ink Manufacturers News | Packaging Flexo Inks | Packaging Gravure Inks
      Siegwerk, Kotkamills Partner

      Siegwerk, Kotkamills Partner

      The collaboration is based on the potential of water-based dispersion barrier coated paperboard to replace traditional polyethylene (PE) coated board.
      Anthony Locicero, Associate editor 04.08.21

    • Breaking News | Packaging Flexo Inks | Printers News
      Etiflex Enters New Markets with Nilpeter FA-22 Installation

      Etiflex Enters New Markets with Nilpeter FA-22 Installation

      This is the company’s third Nilpeter printing press, in addition to its FB-4200 and FA-4.
      Anthony Locicero, Associate editor 04.07.21

    • Breaking News | Packaging Flexo Inks | Packaging Gravure Inks | Personnel | Printers News
      Richard Kelsey Succeeds Tanja Dreilich as Constantia Flexibles CFO

      Richard Kelsey Succeeds Tanja Dreilich as Constantia Flexibles CFO

      Kelsey had been interim CFO since October 2020.
      Anthony Locicero, Associate editor 04.07.21


    • Breaking News | Graphic Arts Coatings | Ink Manufacturers News | Inkjet Inks and Toners | Packaging Flexo Inks | Packaging Gravure Inks | Publication Offset Inks | Sheetfed Inks | Specialty Inks | UV and EB Inks
      INX Earns Gold Level Material Health Certificate

      INX Earns Gold Level Material Health Certificate

      From the Cradle to Cradle Products Innovation Institute.
      David Savastano, Editor 04.06.21

    • Breaking News | Ink Manufacturers News | Packaging Flexo Inks | Printers News | UV and EB Inks
      FTA Announces Details for Expanded Fall Conference 2021

      FTA Announces Details for Expanded Fall Conference 2021

      Will include an opening night social reception and awards banquet, and feature a larger and expanded exhibition under the INFOFLEX brand name.
      Anthony Locicero, Associate editor 04.06.21

    • Breaking News | Graphic Arts Coatings | Ink Manufacturers News | Inkjet Inks and Toners | Packaging Flexo Inks | Packaging Gravure Inks | Personnel | UV and EB Inks
      Dr. Nicolas Wiedmann Takes Over as New Siegwerk CEO

      Dr. Nicolas Wiedmann Takes Over as New Siegwerk CEO

      Dr. Wiedmann will continue Siegwerk’s recent strategic transformation to become a circular and digital packaging solutions company.
      David Savastano, Editor 04.06.21


    • Breaking News | Packaging Flexo Inks | Packaging Gravure Inks | Printers News
      Smurfit Kappa Announces €25 Million Polish Investment

      Smurfit Kappa Announces €25 Million Polish Investment

      The newly expanded facility will be 37,500 square meters.
      David Savastano, Editor 04.06.21

    • Breaking News | Packaging Flexo Inks | Packaging Gravure Inks | Printers News | Sheetfed Inks
      WestRock Donates to Mohawk Hudson Land Conservancy

      WestRock Donates to Mohawk Hudson Land Conservancy

      Conservancy announces protection of 64 acres of forest located west of Hudson River in Bethlehem, NY.
      David Savastano, Editor 04.05.21

    • Breaking News | Mergers and Acquisitions | Packaging Flexo Inks | Packaging Gravure Inks | Printers News | Sheetfed Inks
      Sonoco Divests US Display Business to Hood Container

      Sonoco Divests US Display Business to Hood Container

      Sonoco seeks to focus on its core Consumer and Industrial packaging businesses.
      David Savastano, Editor 04.05.21


    • Breaking News | Ink Manufacturers News | Mergers and Acquisitions | Packaging Flexo Inks | Printers News
      International Paper Acquires 2 Corrugated Packaging Plants in Spain

      International Paper Acquires 2 Corrugated Packaging Plants in Spain

      The two businesses will become part of International Paper effective April 1, 2021.
      Anthony Locicero, Associate editor 03.31.21

    • Breaking News | Packaging Flexo Inks | Printers News
      Koenig & Bauer Says Its Taking Lead in Flexible Packaging Market

      Koenig & Bauer Says Its Taking Lead in Flexible Packaging Market

      The company said its broad product portfolio includes innovative and impactful technologies.
      Anthony Locicero, Associate editor 03.29.21

    • Breaking News | Packaging Flexo Inks | Packaging Gravure Inks | Printers News
      Amcor, Mars Food Celebrate Pilot of Designed to be Recycled Microwavable Rice Pouches

      Amcor, Mars Food Celebrate Pilot of Designed to be Recycled Microwavable Rice Pouches

      Will be available to UK consumers starting in April.
      Anthony Locicero, Associate editor 03.26.21

    Trending
    • Crown Holdings Selling European Tinplate Business To KPS Capital Partners, LP
    • 2021 RadLaunch Award Winners Announced
    • Ink Industry Is Facing Higher Costs
    • Clariant Increasing Pigment, Pigment Preparations Prices
    • EU Innovation Fund Evaluating Perstorp-created Project AIR
    Breaking News
    • Mark Andy Launches Monochrome Digital Print Bar
    • Avient Launches ColorMatrix Optica Specialty Toners
    • Capital Printing Invests in 2nd Komori Press
    • Massilly North America Adds Koenig & Bauer MetalStar 3 Metal Decorating Press
    • BCF's Tom Bowtell Voted VP of World Coatings Council
    View Breaking News >
    CURRENT ISSUE

    January 2021

    • Sustainability and the Ink Industry
    • The State of the Pigment Industry in 2021
    • The 2021 Regulatory Report
    • Production Equipment Helps Drive Ink Industry’s Sustainability Efforts
    • Ink Industry Sees Opportunities in the Circular Economy
    • Shutterfly Turns to HP to Boost Range of Personalized Gifts
    • Offering Excellent Ink Portfolio Crucial to Durst’s Success
    • View More >

    Cookies help us to provide you with an excellent service. By using our website, you declare yourself in agreement with our use of cookies.
    You can obtain detailed information about the use of cookies on our website by clicking on "More information”.

    • About Us
    • Privacy Policy
    • Terms And Conditions
    • Contact Us

    follow us

    Subscribe
    Nutraceuticals World

    Latest Breaking News From Nutraceuticals World

    KD Pharma Acquires Rohner AG Manufacturing Assets
    Thorne Healthtech and PreCon Health to Launch Supplements for Pre-, Post-Impact Brain Health
    Green Leafy Vegetable Intervention Reduces Marker of Colorectal Cancer Risk, Study Finds
    Coatings World

    Latest Breaking News From Coatings World

    Jebsen & Jessen, Innospec Sign Distribution Agreement
    Sika Expands Production Capacity in Qatar
    Sto Corp. ISO Certifications Extended
    Medical Product Outsourcing

    Latest Breaking News From Medical Product Outsourcing

    DiaSorin to Buy Luminex for $1.8B
    Endologix Acquires PQ Bypass
    Algorithm Can Predict Acute Kidney Injury Sooner Than Hospital Systems
    Contract Pharma

    Latest Breaking News From Contract Pharma

    Catalent Biologics Completes Madison Expansion
    Lonza Expands PyroTec PRO for Endotoxin Testing
    FDA Accepts Airway Therapeutics’ IND for COVID Treatment
    Beauty Packaging

    Latest Breaking News From Beauty Packaging

    Carlyle Group Acquires Majority Stake in Beautycounter
    The Honest Co. Files for an Initial Public Offering
    China Builds ‘Beauty and Healthcare Industrial Park’ in Guangzhou
    Happi

    Latest Breaking News From Happi

    Tri-K Industries Appoints Sales Executive for West Coast
    NatureLab. Tokyo’s Hair Care Launches in Ulta Beauty Stores
    OTC Pain Relief QR Cream Debuts in US Market
    Ink World

    Latest Breaking News From Ink World

    Kumon North America Adds Speedmaster XL 106 from Heidelberg
    SE-DA Invests in Kornit Presto S
    Iron Oxide Pigments Market to Register 4.7% CAGR from 2021 to 2028: GVR
    Label & Narrow Web

    Latest Breaking News From Label & Narrow Web

    Enprom helps converter respond to flexible packaging needs
    anytron assists medical device company with labeling
    Dantex debuts new capabilities with white ink opacity
    Nonwovens Industry

    Latest Breaking News From Nonwovens Industry

    Aries Face Masks Meet ASTM Standards
    Tufropes Launches Inherently Antibacterial and Antimicrobial Spunbond
    NXTNano Adding Three Lines
    Orthopedic Design & Technology

    Latest Breaking News From Orthopedic Design & Technology

    GreenBone Ortho Closes 10 Million Euros Series B Funding Round
    SynerFuse, Cirtec Medical Partner to Develop Back Pain Management Device
    New Biosealant Could Stabilize Cartilage, Boost Healing After Injury
    Printed Electronics Now

    Latest Breaking News From Printed Electronics Now

    Virtual ASMC 2021 Spotlights Advanced Semiconductor Manufacturing Excellence
    First Solar Series 6 CuRe has Industry’s Lowest Warranted Degradation Rate
    SEMI: 2020 Global Semiconductor Equipment Sales Surge 19% to Industry Record $71.2 Billion

    Copyright © 2021 Rodman Media. All rights reserved. Use of this constitutes acceptance of our privacy policy The material on this site may not be reproduced, distributed, transmitted, or otherwise used, except with the prior written permission of Rodman Media.

    AD BLOCKER DETECTED

    Our website is made possible by displaying online advertisements to our visitors.
    Please consider supporting us by disabling your ad blocker.


    FREE SUBSCRIPTION Already a subscriber? Login