Flexible Food Packaging Market in North America 2020-2024

Flexible food packaging market in North America in North America 2020-2024

Technavio has been monitoring the flexible food packaging market in North America and it is poised to grow by $ 2.64 bn during 2020-2024, progressing at a CAGR of 4% during the forecast period. Our reports on the flexible food packaging market in North America provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current North America market scenario, latest trends and drivers, and the overall market environment. The market is driven by the lower production cost and lesser waste, increasing consumer preference for packaged food, and growing demand for high-barrier packaging films. In addition, lower production cost and lesser waste is anticipated to boost the growth of the market as well.

The flexible food packaging market in North America analysis includes material segment and geographical landscapes.

Technavio's flexible food packaging market in North America is segmented as below:

By Material

• Plastic
• Paper
• Foil

By Geographic Landscapes

• US
• Canada
• Mexico

This study identifies the increasing consumer preference for packaged food as one of the prime reasons driving the flexible food packaging market in North America growth during the next few years.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the flexible food packaging market in North America covers the following areas:

• Flexible food packaging market in North America sizing
• Flexible food packaging market in North America forecast
• Flexible food packaging market in North America industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading flexible food packaging market in North America vendors that include Amcor Plc, Berry Global Group Inc., CCL Industries Inc., Constantia Flexibles Group GmbH, FLAIR Flexible Packaging Corp., Mondi Group, ProAmpac Intermediate Inc., Reynolds Group Holdings Ltd., Sealed Air Corp., and Sonoco Products Co. Also, the flexible food packaging market in North America analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.