North America Packaging Industry Market Size, Share & Forecast To 2020-2026


Posted August 27, 2020 by rishabh3210

North America Packaging Industry Market Size, Share & Forecast To 2020-2026North America Packaging Industry Market Size, Share & Forecast To 2020-2026
 
The North American packaging industry is anticipated to exhibit a considerable CAGR during the forecast period (2020-2026). Modified atmosphere packaging is used for the packaging of milk products, seafood, meats, fruits, vegetables, and other consumable goods. North America enjoys a well-established food industry. The growth in demand for modified atmosphere packaging technology from food industry players to decrease the oxygen content inside the package to eliminate discoloration, off-flavors, and textures of food products is a key factor promoting the adoption of modified atmospheric packaging by the food packaging industry players. The high need for quality preservation, improvement in safety, and reduced postharvest losses waste is further aiding to the advancement in the modified atmosphere packaging technology.

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In North America, The US is anticipated to hold a major market share in the modified atmosphere packaging technology. The significant increase in the demand for packaging of processed food, perishable food, and fresh food in the country is the key promoter of the modified packaging industry in the country and thereby driving the packaging industry market across the region. Sealed Air, Amcor Plc, Berry Global Inc, Mondi Group, Owen Illinois Inc., and Proampac LLC among others are the vendors operating in the regional modified atmosphere packaging industry. These players are making continuous advancement in their technologies to thrive in the market place.

A Full Report of North America Packaging Industry Market is Available at:https://www.omrglobal.com/industry-reports/north-american-packaging-industry-market

Market Coverage

The market number available for – 2019-2026
Base year- 2019
Forecast period- 2020-2026
Segment Covered- By Material Type, By End-User Industry Vertical
Regions Covered- North America
Competitive Landscape- Ball Corp., Ardagh Group S.A., Silgan Containers, Crown Holdings Inc., Berry Global Inc.

Key questions addressed by the report

What is the market growth rate?
Which segment/region dominates the market in the base year?
Which segment/region will project the fastest growth in the market?
How COVID-19 impacted the market?

o Recovery Timeline

o Deviation from the pre-COVID forecast

o Most affected region/segment

Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?

North America Packaging Industry Market report Segment

By Material Type

Plastic
Metal
Paper
Glass

By End-User Vertical

Food
Beverage
Healthcare
Cosmetics & Personal Care
Industrial
Others (Household Items)

North America Packaging Industry Market report Segment

United States
Canada

Company Profiles

Amcor PLC
American Packaging Corp.
Ball Corp.
Berry Global Inc.
CCL Container, Inc.
Crown Holdings Inc.
DS Smith PLC

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Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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Issued By Rishabh
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Tags north america packaging industry market size , share forecast to 20202026
Last Updated August 27, 2020