According to the report published by Allied Market Research, the north america liquid packaging market generated $93.1 billion in 2019, and is estimated to reach $137.1 billion by 2027, registering a CAGR of 5.4% from 2020 to 2027. The report offers an extensive analysis of changing market dynamics, key winning strategies, business performance, major segments, and competitive scenarios.
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Surge in demand for FMCG goods,
and growing demand for sustainable as well as lighweight packaging drive the
growth of the North America liquid packaging market. However, increase in
concern regarding disposability and recyclability of plastic packaging products
restrains the market growth. Furthermore, development of nano-food packaging is
expected to provide new growth opportunities for the market player in near
future.
Covid-19 scenario:
·
The demand for liquid packaging has been surged
during the Covid-19 pandemic due to increase in its usage for packaging of FMCG
products such as sanitizer, hand washes, and liquid detergents.
·
In addition, its demand from pharmaceutical
industry has also been surged during the Covid-19 pandemic for packaging of
dietary supplements, such as vitamins, and other essential supplies, such as
allergy medication.
The report offers a detailed
segmentation of the North America liquid packaging market based on resin,
packaging type, technology, end-user, and country.
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America Liquid Packaging Market :https://www.alliedmarketresearch.com/request-for-customization/7088?reqfor=covid
Based on resin, the polyethylene
segment contributed to the largest share in 2019, accounting for nearly
one-third of the total share, and is estimated to maintain its dominant
position during the forecast period. In addition, the segment is estimated to
portray the highest CAGR of 6.6% during the forecast period.
Based on packaging type, the
rigid segment accounted for the largest share in 2019, holding more than
three-fifths of the total share, and is expected to maintain the largest share
throughout the forecast period. However, the flexible segment is expected to
register the highest CAGR of 7.6% from 2020 to 2027.
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Based on country, U.S.
contributed the highest share, accounting for more than three-fifths of the
total market share in 2019, and will maintain its dominance throughout the
forecast period. In addition, the region is expected to grow at the highest
CAGR of 6.2% from 2020 to 2027.
Leading market players analyzed
in the research include Berry North America, Amcor Limited, Goglio S.p.A.,
Constantia Flexibles, ProAmpac, Mondi Plc, Sealed Air Corporation, Reynolds
Group Holdings Ltd., Sonoco Products Company, and Sealed Air Corporation.
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Similar Research Report:
Liquid Packaging
Market (Global Research Report)@ https://www.alliedmarketresearch.com/liquid-packaging-market
Liquid Packaging Market :Increase
in demand for packaged essentials such as food & beverages, sanitizers,
liquid detergents, hand washes, and disinfectants such as Sodium Hypochlorite
has resulted in the growth of liquid packaging market globally.
Key Market Segments
By Materials
Paperboard
Plastics
Polyethylene
Polypropylene
Polyethylene Terephthalate
Others
Glass
Metal
Others
By Technology
Aseptic Liquid Packaging
Blow Molding
Form Fill Seal
By Packaging Format
Flexible
Films
Stand-up Pouches
Bag-in-box
Rigid
Carton
Paperboards
Bottles, Jars, Cans & Tubes
(largest)
By End User
Food & Beverage
Personal Care
Pharmaceutical
Household Care
Industrial
Others
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that helps us generate accurate research data tables and confirms utmost
accuracy in our market forecasting. Each and every data presented in the
reports published by us is extracted through primary interviews with top
officials from leading companies of domain concerned. Our secondary data
procurement methodology includes deep online and offline research and
discussion with knowledgeable professionals and analysts in the industry.
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