The North American cement packaging market was valued at approximately USD 967.5 million. The market is expected to grow at a steady rate, with projections indicating that it will reach USD 1,002.2 million by 2024. The compound annual growth rate (CAGR) for the market from 2024 to 2034 is forecasted at 3.7%, reaching an estimated value of USD 1,441.8 million by 2034.
This growth can be attributed to various factors, including the ongoing demand for cement in infrastructure projects, the urbanization trend, and the increasing focus on sustainable packaging solutions. Moreover, technological advancements in cement packaging, such as automated packing systems and eco-friendly materials, are also contributing to the market’s expansion.
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Cement packaging refers to the methods and materials used to pack cement for storage and transportation. The packaging process ensures that the cement reaches the construction sites without being exposed to environmental factors like moisture, air, or contamination. This packaging is vital to maintaining the quality and usability of cement throughout its transportation and storage stages.
Various forms of packaging are used in the cement industry, but bags and sacks are the most common due to their ease of handling, cost-effectiveness, and efficiency in delivering smaller quantities of cement to both large and small-scale construction projects.
Key Takeaways From the Cement Packaging Industry Analysis in North America
- North America’s cement packaging sector grew at a CAGR of 1.8% from 2019 to 2023.
- The market reached a value of USD 967.5 million in 2023, reflecting positive growth.
- Canada is expected to lead North America’s cement packaging market with a CAGR of 5% through 2034.
- Mexico is projected to follow with a CAGR of 4.1% in the coming years.
- Bags and sacks are anticipated to dominate packaging formats, holding 89.6% of the market share by 2034.
- Flexible IBCs (FIBC), made of polypropylene, are forecasted to lead the material segment, comprising 93.4% of the market by the end of 2034.
Demand for Cement Packaging in North America
The demand for cement packaging is intrinsically linked to the demand for cement itself. As the construction sector in North America continues to thrive, the need for cement packaging will inevitably rise. Major drivers of demand include:
- Urban Development: With cities expanding rapidly, there is an increasing requirement for infrastructure projects like roads, bridges, residential buildings, and commercial establishments. Cement is the key raw material in these projects, leading to higher demand for packaging.
- Industrial and Commercial Construction: The demand for cement in the industrial and commercial sectors continues to grow, as both public and private investments in large-scale projects increase. Cement packaging is essential for supplying cement to these projects in various quantities.
- Sustainability Trends: There is a growing emphasis on environmentally friendly packaging materials in all industries, including cement. As more cement companies adopt eco-friendly solutions, this is expected to drive the demand for sustainable packaging options.
- Infrastructure Rehabilitation: Many regions across North America are also focused on revitalizing and repairing aging infrastructure. This includes the reconstruction of roads, bridges, and public buildings, all of which contribute to an increased need for cement and, consequently, cement packaging.
Competitive Landscape
Key North American industry players are creating and launching new goods in the sector. They are combining with various organizations and expanding their geographical reach. A few are also collaborating and partnering with local brands and start-ups to produce new products.
Key Developments in Cement Packaging Industry in North America
- In February 2024, Mondi plc, acquired Hinton Pulp mill in Alberta, Canada. With this Mondi will have the access to local, high-quality fibre from a well-established wood basket and the mill has the capacity to produce around 250,000 tonnes of pulp per annum.
- In July 2023, Mondi plc a global leader in packaging and paper invested €16 to produce a new packaging range called FunctionalBarrier Paper Ultimate. This new ultra-high barrier paper-based solution will fulfil customer demand for sustainable packaging solutions.
Prominent Companies in North America Cement Packaging Industry
- Mondi plc
- LC Packaging
- Berry Global Group, Inc.
- Uflex Limited
- ProAmpac LLC
- Global-Pak Inc
- the Royal NNZ Group bv
- Thrace Polyfilms S.A.
- Smurfit Kappa Group plc
- Bischof+Klein SE & Co. KG
- Megasack Corporation
North America Cement Packaging Industry Segmentation
By Capacity:
In terms of capacity, the cement packaging industry is divided into bags and sacks with less than 10 kg, bags and sacks with 10kg to 50 kg and bags and sacks above 50 kg, flexible IBCs (FIBC) less than 750 kg, flexible IBCs (FIBC) with 750 to 1500 kg and flexible IBCs (FIBC) above 1500 kg. The bags and sack with 10 kg to 50 kg capacity are further sub-categorized into 21.3 kg (Standard), 42.6 kg (Standard) and custom capacities.
By Material:
Few of the important materials used for cement packaging include plastic bags and sacks, paper and paperboard bags and sacks, polypropylene flexible IBCs (FIBC) and other plastics (PE, PVC, etc.) and flexible IBCs (FIBC). The plastic bags and sacks is sub-segmented into polyethylene (PE), polypropylene (PP) and other plastics (PVC, PET, etc.)
By Packaging Format:
Some of packaging formats related to the cement packaging industry include bags and sacks and flexible IBCs (FIBC). The bags and sacks segment are further divided into open mouth bags & sacks, open mouth bags & sacks, gusseted bags & sacks and valve bags & sacks.
By Country:
Key countries in North America such as the United States, Canada and Mexico are covered.
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