5.10.3.1Vertical

Flexible Film & Laminate Manufacturing

Producers of flexible plastic films and multi-layer laminate structures.

Market snapshot

These figures describe Flexible Packaging (5.10.3), the segment that Flexible Film & Laminate Manufacturing sits within — not Flexible Film & Laminate Manufacturing on its own.

Market size
~$60B
Growth
~5.6%CAGR (2017–22, nominal)
Companies
~1,500
FragmentationConsolidatingEstimate

U.S. Census Bureau 2022 CBP/Economic Census, NAICS 322220 (paper bags & coated/treated paper) + 326111 (plastics bags & pouches) + 326112 (plastics packaging film & sheet).

Business model & economics

Revenue model

Flexible film, pouch, and bag converting

Key economics

Recurring revenue
High

recurring consumer/food packaging demand

EBITDA margin
Technology- and barrier-performance-driven
Capex intensity
High

Characteristics

  • Led by Amcor, Berry, Sealed Air, Sonoco.
  • Prized for material efficiency and barrier performance.
  • Heavy investment in recyclable/mono-material structures.

Geographic concentration

AlabamaAlaskaArizonaColoradoFloridaGeorgiaIndianaKansasMaineMassachusettsMinnesotaNew JerseyNorth CarolinaNorth DakotaOklahomaPennsylvaniaSouth DakotaTexasWyomingConnecticutMissouriWest VirginiaNew MexicoArkansasCaliforniaDelawareDistrict of ColumbiaHawaiiIowaKentuckyMarylandMichiganMississippiMontanaNew HampshireNew YorkOregonTennesseeUtahVirginiaWashingtonWisconsinNebraskaSouth CarolinaIdahoNevadaVermontLouisianaRhode IslandIllinoisOhio

Flexible packaging manufacturing concentrates in Ohio and Illinois, co-located with the Midwest food, consumer-goods, and converting base it supplies.

OhioIllinois

U.S. Census Bureau — 2022 County Business Patterns (establishments by state), NAICS 322220. Concentration shown by location quotient.

M&A deal context

Deal activityHigh

Who’s acquiring

  • Flexible-packaging majors
  • PE-backed platforms
  • Sustainable-packaging acquirers

What’s driving deals

  • Sustainable and recyclable flexible packaging.
  • Consolidation around scaled converters.
  • Food and consumer-goods demand.

Find Flexible Film & Laminate Manufacturing acquisition targets

Search Acquisera’s index for companies classified under Flexible Film & Laminate Manufacturing (5.10.3.1) and build a targeted deal pipeline.

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