The forecast for single-web film, rolls, and sheets for flexible packaging uses in the US shows a steady increase in sales, starting from $9.412 billion in 2024 and reaching $10.004 billion by 2028. Compared to 2023, an annual growth trend is evident, with year-on-year increases peaking around 1.43% on average annually during this period. Compound Annual Growth Rate (CAGR) over the last five years stands at approximately 1.54%.
Future trends to watch for include:
- Advancements in sustainable materials driving market demand.
- Growth in e-commerce boosting flexible packaging requirements.
- Technological innovations improving production efficiency.
- Regulatory changes affecting material and design choices.