As of June 2019
Flexible Packaging Facts and Figures
The U.S flexible packaging industry is vibrant and growing because it creates unique solutions for many packaging challenges. Following are some facts and figures that offer a snapshot of the industry.
The Flexible Packaging industry had $31.8 billion in sales in the United States in 2018.
Flexible Packaging is the second largest packaging segment in the U.S., garnering about 19 percent of the $170 billion U.S. packaging market.
Exports account for nearly 5-6 percent of domestic production.
The U.S. flexible packaging industry directly employs close to 79 thousand people.
Average Company Size
The average flexible packaging converter is a small- to medium-sized company with annual sales totaling approximately $76-78 million and serves a wide array of markets.
Flexible packaging converters range from small manufacturing companies operating a single facility to large integrated corporations with up to 34 individual plant locations.
Largest Market Segment
The largest market for flexible packaging is food (retail and institutional), accounting for about 59 percent of shipments.
Other markets for flexible packaging include: retail non-food at 12 percent; industrial applications at 7 percent; consumer products at 8 percent; institutional non-food at 3 percent; and medical and pharmaceutical at 9 percent.