The flexible food packaging market in North America has the potential to grow by USD 4.13 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 6.15%.
This flexible food packaging market in North America research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by material (plastic, paper, and foil) and geography (the US, Canada, and Mexico). The flexible food packaging market in North America report also offers information on several market vendors, including Amcor Plc, Berry Global Group Inc., CCL Industries Inc., Constantia Flexibles Group GmbH, FLAIR Flexible Packaging Corp., Mondi Group, ProAmpac Intermediate Inc., Reynolds Group Products Inc., Sealed Air Corp., and Sonoco Products Co. among others.
What will the Flexible Food Packaging Market Size in North America be in 2021?
Browse TOC and LoE with selected illustrations and example pages of Flexible Food Packaging Market in North America
Flexible Food Packaging Market in North America: Key Drivers and Trends
Based on our research output, there has been a positive impact on the market growth during and post COVID-19 era. The lower cost of production and less plastic waste than rigid packaging is notably driving the flexible food packaging market growth in North America, although factors such as fluctuations in the prices of raw materials may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the flexible food packaging market in North America get your FREE report sample now.
|
|
This flexible food packaging market in North America analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.
Who are the Major Flexible Food Packaging Market Vendors in North America?
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
- Amcor Plc
- Berry Global Group Inc.
- CCL Industries Inc.
- Constantia Flexibles Group GmbH
- FLAIR Flexible Packaging Corp.
- Mondi Group
- ProAmpac Intermediate Inc.
- Reynolds Group Products Inc.
- Sealed Air Corp.
- Sonoco Products Co.
The flexible food packaging market in North America is fragmented and the vendors are deploying growth strategies such as by offering differentiated products to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Download a free sample of the flexible food packaging market in North America forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Which are the Key Regions for Flexible Food Packaging Market in North America?
For more insights on the market share of various regions Request for a FREE sample now!
79% of the market’s growth will originate from the US during the forecast period. The US is the key market for flexible food packaging market in North America. Market growth in this region will be slower than the growth of the market in Mexico.
The various advantages such as flexibility, low cost, and low carbon footprint over rigid plastics packaging solutions will facilitate the flexible food packaging market growth in North America over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.
What are the Revenue-generating Material Segments in the Flexible Food Packaging Market in North America?
To gain further insights on the market contribution of various segments Request for a FREE sample
Plastic is the most commonly used material for flexible food packaging due to its low weight and cost, and the high scope for innovation and advanced customization. The different types of polymers used in flexible plastic packaging include polyethylene (PE), polypropylene (PP), and polyvinyl chloride (PVC). Flexible plastic packaging is available in different types such as pouches, wraps, bags, wicketed bags, plastic films, and others. The pouch packaging market in North America is expected to grow steadily during the forecast period.
Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the flexible food packaging market size in North America.
What are the Key Factors Covered in this Flexible Food Packaging Market in North America Report?
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will drive flexible food packaging market growth in North America during the next five years
- Precise estimation of the flexible food packaging market size in North America and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the flexible food packaging market in North America
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of flexible food packaging market vendors in North America
We can help! Our analysts can customize this report to meet your requirements. Get in touch
|
Flexible Food Packaging Market In North America Scope |
|
|
Report Coverage |
Details |
|
Page number |
120 |
|
Base year |
2020 |
|
Forecast period |
2021-2025 |
|
Growth momentum & CAGR |
Accelerate at a CAGR of 6% |
|
Market growth 2021-2025 |
$ 4.13 billion |
|
Market structure |
Fragmented |
|
YoY growth (%) |
5.11 |
|
Regional analysis |
US, Canada, and Mexico |
|
Performing market contribution |
US at 79% |
|
Key consumer countries |
US |
|
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
|
Companies profiled |
Amcor Plc, Berry Global Group Inc., CCL Industries Inc., Constantia Flexibles Group GmbH, FLAIR Flexible Packaging Corp., Mondi Group, ProAmpac Intermediate Inc., Reynolds Group Products Inc., Sealed Air Corp., and Sonoco Products Co. |
|
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
|
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |