North American Food Packaging Market Growth, Size, Share, Industry Report and Forecast 2020-2026
The North American food packaging market is projected to grow at a CAGR of 5.7% during the forecast period. The key factors that drive the growth of the market include rapid advancements in the packaging industry in the region. The technological advancements in food packaging offer improved features including traceability, product quality information, and also ensures minimum damage to materials. The advancement and next-generation packaging solutions also increase the shelf life of perishable food products. Thus, the increased adoption of advanced packaging techniques is likely to be one of the key trends that will flourish the North American food packaging industry over the forecast period.
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Further, the takeaway
culture, on-the-go eating habits, and ready meals have been significantly
rising in the region, attributing to the fast-paced lifestyles of the
consumers. Thus, this requires sustainable packaging as well as packaging that
ensures the long-life of the product. Owing to this, the key players are
shifting towards the advanced techniques for food packaging, thereby,
contributing to the growth of the North American food packaging market during
the forecast period. Modified atmospheric packaging and active packaging are
some of the advanced techniques for the food packaging providing opportunity to
the North American food packaging industry.
Market Coverage
·
Market number available for – 2019-2026
·
Base year- 2019
·
Forecast period- 2020-2026
·
Segment Covered- By Material, By Packaging, and
Application
·
Countries Covered- US and
·
Competitive Landscape- Ball Corp., Berry Global,
Inc., Sealed Air Corp., International Paper Co., American Packaging Corp., and
others
Key Questions Addressed by the Report
·
What is the market growth rate?
·
Which segment dominates the market in the base
year?
·
Which segment will project the fastest growth in
the market?
·
How COVID-19 impacted the market?
·
Recovery Timeline
·
Deviation from the pre-COVID-19
·
Most affected segment
·
Who is the leader in the market?
·
How players are addressing challenges to sustain
growth?
·
Where is the investment opportunity?
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North American Food Packaging Market – Segmentation
By Material
·
Plastic
·
Paper & Paperboard
·
Others
By Packaging
·
Flexible Packaging
·
Semi-Rigid Packaging
·
Rigid Packaging
By Application
·
Dairy Products
·
Fruits & Vegetables
·
Bakery & Confectionery
·
Poultry & Meat Products
·
Convenience Food
·
Others
North American Food Packaging Market – Segmentation
by Countries
·
US
·
Canada
Company Profiles
·
Alcoa
Corp.
·
Overview
·
Alcoa
Corp. in Food Packaging Landscape
·
Recent
Developments
·
Amcor
Plc
·
American
Packaging Corp.
·
AmeriPak
Inc.
·
Anchor
Packaging Inc.
·
Ball
Corp.
·
Bemis
Co. Inc.
·
Berry
Global, Inc.
·
Crown
Holdings Inc.
·
Graham
Packaging Co. Inc.
·
Intrapac
International LLC
·
International
Paper Co.
·
Mondi
Plc
·
PPC
Flexible Packaging, LLC
·
Sealed
Air Corp.
·
Silgan
Containers LLC
·
Smurfit
Kappa Group Plc
·
Sonoco
Products Co.
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We cover more than 15 major industries, further segmented into more than 90
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2.
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3.
Over 100+ paid data sources mined for investigation.
4.
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purchasing your report.
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