US Single Use Packaging Market Size

US Single Use Packaging Market Analysis

The US Single Use Packaging Market size is estimated at USD 26.96 billion in 2024, and is expected to reach USD 30.84 billion by 2029, growing at a CAGR of 2.72% during the forecast period (2024-2029).

The demand for single-use packaging in the country is anticipated to increase due to its high convenience and printability. Single-use plastic packaging is required by several businesses to avoid cross-contamination and disease. It will accelerate the expansion of the market for single-use packaging.

• The increasing need for small and more convenient packaging and a strong visual impact is expected to contribute to the growth of single-use packaging over the forecast period. Single-use packaging is for products used only once before they are thrown away or recycled. These items are plastic bags, straws, coffee stirrers, soda and water bottles, and most food packaging.
• The United States' flexible plastic packaging industry is witnessing healthy growth as it implemented innovative solutions for the several packaging challenges it faced. According to the Flexible Packaging Association (FPA), brand owners are adopting pouches, films, and bags as a go-to packaging solution, partly due to rising acceptance by American consumers.
• The pharmaceutical industry is driving the expansion of single-use plastic packaging in the nation's market. Medical equipment, supplies, syringes, and medications are frequently packaged in single-use plastic since it decreases the possibility of contamination, protecting the end-users interests. Further, the market for single-use plastic beverage containers is predicted to expand due to the rising production of various package sizes to meet the growing demand for bottled water, soft drinks, alcoholic beverages, ready-to-drink beverages, and milk.
• However, growing issues with single-use plastic packaging include waste and disposal management. Environmental risks and a rise in plastic waste result from improper disposal. It will probably hamper the market for single-use plastic packaging in the country.
• The United States has witnessed a significant acceleration in e-commerce, driven by lockdowns imposed due to the outbreak of COVID-19. However, the pandemic made a dent in retail sales at the start of 2020. Such factors negatively impacted the usage of flexible plastic packaging in the US retail landscape in the respective months. However, the retail sector in the United States witnessed a significant surge in late 2020, which bounced back the usage of single-use flexible plastic packaging in the region. Further, the Russia-Ukraine war has an impact on the overall packaging ecosystem.