North America Flexible Packaging Market will be worth approximately $34 billion by 2021
Knowledge Sourcing Intelligence announces the publication of a new report on North America Flexible Packaging Market – Forecasts from 2016 to 2021. North America Flexible Packaging Market was valued at US$30.060 billion in 2015 and will grow at a CAGR of 2.07% to reach a total market size of US$33.991 billion by 2021. Flexible packaging solutions offer several advantages such as customizable as per the requirement, made from high-grade materials, reusable and production cost is reduced for manufacturers. The report identifies key factors driving the growth of the flexible market in this region which are improving economic scenario, rising disposable income, increase in consumer confidence along with declining unemployment level. Rising use of stand-up pouches due to lightweight portability and convenience, particularly of single serve flexible packaging formats has also augmented the demand for flexible packaging solutions. Technological advancement in the development of sophisticated barrier materials is also providing the necessary impetus to the demand for these solutions in the region.
The report has segmented the market on the basis of packaging material, application and countries. Under major packaging material used for flexible packaging solutions, the market has been segmented into Paper, Aluminum Foil, BOPP Film, Polyethylene Foil and Polyethylene Terephthalate among others. By applications, the market has been segmented majorly into food packaging, beverage packaging, cosmetics and toiletries, and pharmaceutical and healthcare. The U.S., Canada, and Mexico are the major countries which have been comprehensively analyzed as part of the geographical segmentation.
The report analyzes some of the major players in the flexible packaging business like Amcor, Reynolds Packaging, Bemis, WestRock, Tetra Laval among other various other major players. The report also analyzes their market shares, growth strategies, products, financials, and recent investments.
Purchase complete report or request sample: www.knowledge-sourcing.com/collections/top-selling/produc...
Knowledge Sourcing Intelligence is a market research and consulting firm based out of India. Driven by industry experts, the company provides syndicated reports, custom research and consulting services. Our proprietary data analytics model blended with quality primary and secondary research data assists in generating quality reports providing crucial insights to managers and decision makers. The services offered by us helps companies to gain required competitive edge. Our expertise across 10 industries such as ICT, Chemicals, Semiconductors, Healthcare among others caters to diverse client needs.
Knowledge Sourcing Intelligence LLP
H-38, Sector 63 Noida, U.P., India
Phone:+1-866-714-4587
E-mail: sales@knowledge-sourcing.com
