US Packaging Industry Market Size, Share & Forecast to 2020-2026


Posted August 28, 2020 by rishabh3210

US Packaging Industry Market Size, Share & Forecast to 2020-2026US Packaging Industry Market Size, Share & Forecast to 2020-2026
 
The US packaging industry is anticipated to exhibit considerable CAGR % during the forecast period (2020-2026). The high demand from the beverage manufacturing industry is a major factor driving the demand for the beverage packaging industry in the country. Stringent government regulations in the country regarding environmental safety have placed restrictions on the manufacturing and disposal of synthetic polymers including plastic, and other harmful chemicals. As plastics and other polymers are the highly used packaging materials owing to their un-reactive characteristics. To cope up with these regulations regarding minimal use of plastic and other harmful polymers the beverage manufacturing companies are focusing on innovative packaging solutions to make them convenient for the consumers.

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This in turn is driving the huge adoption of bioplastics in the country. In addition, changing consumer preferences are leading to an increased utility of packaging materials to enhance strength, sealing, heat insulation, aroma retention, heat insulation, and barrier against moisture. The effective incorporation of active and intelligent systems in beverage packaging is further anticipated to drive the market for the US packaging industry. Crown Holdings, Mondi Group, Rexam PLC, Reynolds Group Holdings, RPC Group, and Sonoco Products Company are the key players operating in the US beverage packaging industry.

A Full Report of US Packaging Industry Market is Available at:https://www.omrglobal.com/industry-reports/us-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
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 dominates the market in the base year?
Which segment 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?

The US 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)

Company Profiles

Amcor PLC
American Packaging Corp.
Ball Corp.
Berry Global Inc.
CCL Container (Hermitage), Inc.
Crown Choldings Inc.
DS Smith PLC
Others

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About Orion Market Research

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 us packaging industry market size , share forecast to 20202026
Last Updated August 28, 2020