Packaging Industry Contributes $537.91B to U.S. Economy

The U.S. packaging industry contributes $537.91 billion, or roughly 2.5% of GDP, in total economic output to the national economy, according to a new study released by AMERIPEN – the American Institute for Packaging and the Environment.

“The recent pandemic demonstrated the value of packaging as an essential element that plays a key role in ensuring the health and safety of people and products,” says AMERIPEN executive director Dan Felton. “As we begin to recover from the pandemic, our 2021 Packaging Industry Economic Impact Study further demonstrates the value of packaging through the jobs and economic impact our industry creates.”

From AMERIPEN – the American Institute for Packaging and the Environment:

• The U.S. packaging industry is directly responsible for 489,440 jobs. An additional 540,554 jobs are created by suppliers providing a broad range of products and services to the packaging industry, and an additional 659,817 jobs are generated through the induced impact of the industry’s economic contribution.