North America PET Food Packaging Market 2022 Strategic Assessments - Amcor PLC, America Packaging Corporation, ProAmpac LLC, Berry Global Inc., Coveris Holdings SA

The North America PET Food Packaging Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The North America PET Food Packaging Market is expected to grow at a CAGR of 3.47% during the forecast period 2021 - 2026.

Get Free Sample Copy of this Report:

https://www.marketinsightsreports.com/reports/02082593416/north-america-pet-food-packaging-market-growth-trends-covid-19-impact-and-forecasts-2021-2026/inquiry?Mode=AD                                                        

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

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.

- Consequently, pet owners are willing to pay for more value-added products and resulting in a decline of economy pet food, with people moving toward branded product offerings. According to the National Pet Owners Survey, conducted by the American Pet Products Association (APPA), 68% of the US households (about 85 million families) own a pet. For instance, The use of rigid packaging, such as metal cans for pet food, declined in the recent past.

Regional Outlook of North America PET Food Packaging Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.

Browse Full Report at:

https://www.marketinsightsreports.com/reports/02082593416/north-america-pet-food-packaging-market-growth-trends-covid-19-impact-and-forecasts-2021-2026?Mode=AD                                                                

What Are The Market Factors That Are Explained In The Report?

Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

Analytical Tools: The North America PET Food Packaging Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

Please connect with our sales team (sales@marketinsightsreports.com).

Contact US:
Irfan Tamboli (Head of Sales) : Market Insights Reports
Phone: + 1704 266 3234 | Mob: +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.

This release was published on openPR.