Consumer Packaging Market in the US 2015-2019
About Consumer Packaging
Consumer goods are tangible goods produced and consequently purchased to satisfy the perceived needs and wants of consumers. Consumer goods comprises of many segments, and the products under each segment are used by consumers on a daily basis, such as Food, Beverages, Healthcare and Medical Products, Cosmetics, Industrial Goods, Household Products, and Others. Since most of the products such as food products, beverages, drugs and medicines need to reach customers in usable and appropriate condition, there is a need for an extremely protective and durable material for packaging. Some of the consumer packaging types are cups, cans, sachet, bottles, blisters, bags, vials, jars, and tubes; these are made as per the convenience of customers and the requirement of products.
TechNavio's analysts forecast the Consumer Packaging market in the US to grow at a CAGR of 3.78 percent over the period 2015-2019.
Covered in this Report
The report covers the present scenario and the growth prospects of the Consumer Packaging market in the US for the period 2015-2019. To calculate the market size, the report considers revenue generated through the sales of different types of packaging materials, such as flexible packaging, rigid packaging, paper packaging, glass packaging, and metal packaging.
TechNavio's report, the Consumer Packaging Market in the US 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the landscape of the Consumer Packaging market in the US and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Technavio Announces the Publication of its Research Report – Consumer Packaging Market in the US 2015-2019
Technavio recognizes the following companies as the key players in the Consumer Packaging Market in the US: Amcor Ltd., Ball Corporation, Bemis Company Inc. and Crown Holdings Inc.
Other Prominent Vendors in the market are: Aptargroup, Ardagh, Bemis, Berry Plastics, Blue Ridge Paper Products, Capsugel, Catalent Pharma Solutions, CCL Industries, CKS Packaging, Cosmopak USA, CWS Packaging, DS Smith, Elopak, Exopack Holding, Fabri-Kal, Genpak, Gerresheimer, Graphic Packaging Holding, IntraPac, MeadWestVaco, Oracle Packaging, Plastipak Industries, Polytainers, Printpack, Reynolds Group Holding, Sealed Air, Smurfit Kappa, Solo Cup, Sonoco Products, Tetra Laval International, Vacumet and Vitro and West Pharmaceutical Services
Commenting on the report, an analyst from Technavio’s team said: “One of the key trends being witnessed in the market is increased demand from the e-Commerce market because of a rise in the number of online retailers and online consumers.”
According to the report, one of the major factors driving the market is a rise in F&B consumption because of the introduction of several innovative products in the Consumer Packaging market and the gradual shift of consumers toward healthy eating habits.
Further, the report states that one of the main challenges faced by the market is the change in consumer demand because of the increasing purchasing power of consumers and rise of an affluent middle class population. The entry of multinational companies in the Consumer Packaging market poses a major challenge for smaller vendors as large companies gain a huge market presence by offering a wide variety of products.
Amcor , Ball , Bemis , Crown Holdings, Aptargrou, Ardagh Group, Bemis, Berry Plastics, Blue Ridge Paper Products, Capsugel, Catalent Pharma Solutions, CCL Industries, CKS Packaging, Cosmopak USA, CWS Packaging, DS Smith, Elopak,Exopack Holding, Fabri-Kal, Genpak, Gerresheimer Group, Graphic Packaging Holding, IntraPac Grou, MeadWestVaco, Oracle Packaging, Plastipak Industries, Polytainers, Printpack, Reynolds Group Holding, Sealed Air, Smurfit KappaGroup, Solo Cup, Sonoco Products, Tetra Laval International, Vacumet, Vitro, West Pharmaceutical Services