U.S. Flexible Packaging Market Primed for Robust Growth Driven by Food and Beverages Demand
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The U.S. flexible packaging market is projected to reach $91.95 billion by 2032, with a 9.41% CAGR over the forecast period.
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Food and beverages account for 65.42% of the market, driven by demand for convenient and sustainable packaging.
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Pouches and bags make up the largest share at 38.34%, thanks to their versatility and cost-effectiveness.
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Form-fill-seal technology dominates with a 64.88% share due to its efficiency and ability to automate packaging processes.
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Key challenges include balancing sustainability with consumer perceptions and investing in innovative materials and technologies.