Packaging Industry in United States Market 2022 Strategic Assessments - Mondi Group, Tetra Pak International SA, American Packaging Corporation, Ball Corporation, CCL Container

The Packaging Industry in United States 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 Packaging Industry in the United States is expected to grow at a CAGR of 3.5% over the forecast period 2022 to 2027.

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Top Leading Companies of Packaging Industry in United States Market are Mondi Group, Tetra Pak International SA, American Packaging Corporation, Ball Corporation, CCL Container, Sigma Plastics Group Inc., Amcor PLC, DS Smith PLC, U.S. Packaging & Prapping LLC, Owens Illinois Inc., Crown Holdings Inc., Berry Global Inc., Sealed Air Corporation, Sonoco Products Company, International Paper Company, Graphic Packaging International LLC, Grief Inc., Proampac LLC, Mauser Packaging Solutions, Stora Enso Oyj, Packaging Corporation of America, Westrock Company, Silgan Holdings Inc., AptarGroup Inc. and others.

Industry News and Updates

Oct 2019 - Portuguese food and beverage company Sumol+Compal launched its premium brand Compal in Tetra PakÕs sleek, fresh new Tetra Stelo Aseptic 1000 Edge, with Bio-based WingCap 30. The uniquely-designed package may allow Sumol+Compal to bring to market a range of popular juices distinguished by an easy-grip carton, one-step opening, and with a smoothly-rounded, slim shape.

- Sep 2019 - Amcor opened an eCommerce testing laboratories, one in Manchester, Michigan, US. With this, the company would cater to customers with online sales; particularly in pet food, sauces, beauty, and personal care, and home cleaning products. This laboratory is certified to test packaged products for ISTA 6A.

- March 2019 - Smurfit Kappa launched an innovative new range of premium papers that are suitable for both digital and flexographic printers. The DigiStar paper was developed to meet the rising demand for a multi-purpose, premium solution delivering high-quality printing results.

Key Market Trends

Increased Demand For Flexible Plastic Packaging Solutions Across the End-user Industry

- The flexible plastic packaging solutions demand has been experiencing a positive demand across the end-user industry sectors, such as in food, retail, consumer goods, pharmaceuticals, etc. in the country. The demand has been catalyzed by the continued rise in the levels of urbanization, a large expatriate population, and changing dietary habits of the resident citizens. The increasing penetration of e-commerce, and the processed and packaged food market in the country is currently exhibiting strong growth.

- The attempt of the government to diversify their economic dependence on the oil and gas industry has seen them supporting the real estate developments and has resulted in the increased opening of retail markets and is expected to provide the push in the market for new opportunities for plastic packaging with new demand from such sectors.

- Flexible plastic packaging is considered the right choice, due 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 developments in the market of healthcare, pharmaceuticals, and cosmetics are expected to remain as the primary drivers for the demand in the plastic packaging products.

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

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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 Packaging Industry in United States 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.

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