The US sales of film/film multiweb laminated rolls and sheets for flexible packaging were $4.65 billion in 2023. From 2024, forecasts show a consistent annual growth with values increasing from $4.7148 billion to $5.0147 billion by 2028. This indicates a steady growth pattern.
The year-on-year growth rate accelerates from 1.64% in 2024, peaking at 1.47% year-on-year growth consistently towards 2028, reflecting a robust expansion trend. The compound annual growth rate over this five-year period averages at 1.49%, demonstrating a stable upward trajectory.
Future trends to watch for:
- Advancements in sustainable packaging solutions driving demand.
- Increased investment in eco-friendly technologies influencing product development.
- Consumer preference shifts towards packaged goods impacting volume.
