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North American Consumer Packaging Market Will Generate Record Revenue by 2029

09-23-2023 02:30 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

North American Consumer Packaging Market Will Generate Record

North American consumer packaging market is estimated to grow at a CAGR of 3.8% during the forecast period. North American is the leader in the pharmaceutical industry, coupled with the presence of several large and small pharmaceutical firms in the region. The region is renowned for conducting massive R&D and produce bulk pharmaceuticals. As per the European Federation of Pharmaceutical Industries and Associations (EFPIA), in 2017, North American held 48.1% of the global pharmaceutical sales, compared to 22.2% for Europe. 64.1% of sales of new medicines introduced between 2012-2017 were on the US market, compared to 18.1% on the European market.

As a large number of consumers embracing online shopping, packaging continues to have a key role to provide superior e-commerce experience for both the brand and the consumers. Brands are focusing on re-assess packaging of their products as per the requirements of the online shopper. Corrugated boxes are the most common and extensively used packaging material in the e-commerce sector, as it features high durability, strength, and is generally recyclable. Shifting trend towards sustainable packaging is also a key contributor to the adoption of highly recyclable packaging solutions in the e-commerce sector. Other major driving factors in the market include rising demand for flexible packaging and significant growth in the pharmaceutical industry.

To Request a Sample of our Report on North American Consumer Packaging Market: https://www.omrglobal.com/request-sample/north-american-consumer-packaging-market-share

Market Coverage

Market number available for 2022-2030
Base year- 2022
Forecast period- 2023-2030
Segment Covered- By Material and End-User
Countries Covered- US and Canada 
Competitive Landscape- Berry Global Group, Inc., Crown Holdings, Inc., Ball Corp., Sealed Air Corp., and Graham Packaging Co.

North American Consumer Packaging Market-Segmentation

By Material

Plastic
Paper
Glass
Metal

By End-User

Food 
Beverage
Healthcare
Personal Care and Cosmetics
Household Goods

A full Report of North American Consumer Packaging Market is Available at: https://www.omrglobal.com/industry-reports/north-american-consumer-packaging-market-share

North American Consumer Packaging Market- Segment by Country

US
Canada

Company Profiles

Alpha Packaging
Altium Packaging
Aptar Group, Inc.
Ball Corp.
Berry Global Group, Inc.
Cardinal Health, Inc. 
Comar, LLC
Crown Holdings, Inc.
Graham Packaging Co.
InterFlex Group
LLFlex, LLC
O-I Glass, Inc.
Pactiv, LLC
Sealed Air Corp.
Stanpac
West Pharmaceutical Services, Inc.

Reasons to buy from us -

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/north-american-consumer-packaging-market-share

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Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404

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. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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