Press release
North America PET Food Packaging Market Research Methodologies Offers High Business Outlook growth 2022-2026
The North America PET Food Packaging Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the North America PET Food Packaging market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the North America PET Food Packaging market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the North America PET Food Packaging market.The North America PET Food Packaging Market is expected to grow at a CAGR of 3.47% during the forecast period 2021 - 2026.
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Top Leading Companies of North America PET Food Packaging Market are - Amcor PLC, America Packaging Corporation, ProAmpac LLC, Berry Global Inc., Coveris Holdings SA, Crown Holdings Inc., Eagle Flexible Packaging, Excel Packaging Corp., Graphic Packaging International Inc., Mondi PLC, Silgan Holdings Inc., Sonoco Products Company, Trivium Packaging, Winpak Ltd. and others.
Industry News and Updates:
- February 2020: Amcor PLC in the multivitamin category showcased the development and launch of the PET container that is made from 100% post-consumer recycled content (PCR) resin. The company created the new clear bottle in two sizes 100 cubic centimeters and 150 cubic centimeters for Ritual, a health meets technology company that reimagined the multivitamin.
Key Market Trends:
Plastic Packaging is expected to Hold Major Market Share
- Plastic packaging is prominently used for the pet food packaging, from airtight wraps to shelf-stable bottles and containers. In this industry, plastics have also driven innovations in packaging design. For instance, modified atmosphere packaging (MAP) helps preserve pet food freshness by capturing a reduced-oxygen air mixture in a plastic package. These advanced and intelligence packaging techniques play a critical role in ensuring not to compromise the integrity of the product while increasing its shelf life drastically.
- In the United States, pet food expenditure is increasing because of the widespread demand for pet ownership. Advances in technology are making boarding, grooming, and training facilities more easily accessible to the owners. The United States is a pioneer in this market with increasing expenditures, thereby driving the plastics pet food packaging market in the country.
Flexible Packaging Solutions To Drive the Market Growth
- The food packaging solutions such as flexible packaging have been experiencing a positive demand across the end-user industry sectors, such as pet food, retail, consumer goods, and pharmaceuticals, in the country owing to cost-effectiveness and increased shelf-life of the product, downsizing of packaging, rising demand from end-users, and improvements in global manufacturing activities.
- The demand has been catalyzed by the continued rise in the levels of urbanization, a large expatriate population, changing dietary habits, and increasing penetration of e-commerce. Thus, the processed and packaged food market in the region is currently exhibiting strong growth.
Investigator Observers Strong Growth in Specific Regions:
– Europe Market (Germany, UK, France, Russia, Italy)
– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)
– South America Market (Brazil, Argentina, Colombia)
– North America Market (United States, Canada, Mexico)
– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).
The Latest Industry Data Included in this Report:
- North America PET Food Packaging Market Size & Analysis (2016 - 2026)
- Market Share Analysis of North America PET Food Packaging Market (%),2016 - 2026
- North America PET Food Packaging Market Share, By Brand
- North America PET Food Packaging Market Share, By Company
- North America PET Food Packaging Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies North America PET Food Packaging Market Value Analysis & Forecast
- Promising North America PET Food Packaging Development by Major Companies
- Detailed North America PET Food Packaging Portfolio of the Major Companies
- Major Deals in the North America PET Food Packaging Market
- Major Companies Analysis
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https://www.marketinsightsreports.com/reports/02082593416/north-america-pet-food-packaging-market-growth-trends-covid-19-impact-and-forecasts-2021-2026?Mode=namita
We Offer Customization on Report Based on Specific Client Requirement:
- Country Level analysis for any 5 countries of your choice.
- Competitive analysis of any 5 key market players.
- 40 analyst hours to cover any other data point.
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Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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