FPA Publishes 2022 State of the Flexible Packaging Industry Report

The Flexible Packaging Association’s (FPA) 2022 State of the Flexible Packaging Industry Report provides industry converters, suppliers, investors, and analysts with insight into the performance of the U.S. flexible packaging industry over the past year. The U.S. flexible packaging industry is estimated to be $39 billion in sales for 2021, up from $34.8 billion in 2020, and industry volume is estimated to be 27 billion pounds of shipments in 2021. The focus of the report is on the segment of the industry that adds significant value to 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 $29.5 billion for 2021 and does not include retail shopping bags, consumer storage bags, or trash bags. The FPA bases its annual report on data from converter and supplier members, along with several U.S. Census components, and the survey results were tabulated in mid-2022.

Much of the data reported is for the year 2021 along with some projections for 2022. Key Findings