P&M Corporate Finance (“PMCF”) estimates that the overall packaging industry has grown to reach $126 billion in the United States. However, expansion in this space has slowed as the market has matured; further growth in the overall U.S. packaging industry is expected to be just 1.5% - 2.0% over the next several years.

The outlook for plastic packaging, however, is brighter than for the packaging industry as a whole. At present, PMCF estimates that plastic accounts for $38.2 billion of the overall packaging market. PMCF expects the U.S. plastic packaging market to grow at a compound annual growth rate (“CAGR”) of 4.5% over the next four years, gaining market share at the expense of paper, metal, and glass packaging. Plastic has many advantages over other materials, such as cost, flexibility, portability, barrier properties, and aesthetics.

Reprinted with Permission from P&M Corporate Finance, LLC