US Containers and Packaging Market 2016 Forecast and Analyzed in New Research Report
DALLAS, Nov. 22, 2013 /PRNewswire-iReach/ -- ReportsnReports.com adds Containers and Packaging Market in the US 2012-2016 research report to its store.
Rigid plastic and flexible plastic packaging products account for a large share in the Containers and Packaging market in the US. This share is increasing primarily because of the increasing preference of using plastic as a raw material in packages by industrial buyers and the preference for plastic packaging products by consumers. In addition, plastic packaging is replacing glass containers and metal packages, which is, therefore, fostering the demand for plastic packaging products and solutions. One of the major reasons for this increasing adoption is the versatility and durability provided by plastic. Also as plastic containers are lightweight, this helps reduce shipping and handling costs for vendors. The demand for plastic is also expected to be influenced by an increase in the demand for convenience packaged foods by consumers across the country. Hence, the demand for plastic packaging products is expected to have a positive impact on the growth of the Containers and Packaging market in the US (http://www.reportsnreports.com/reports/270695-containers-and-packaging-market-in-the-us-2012-2016.html) during the forecast period.
According to the report, one of the main drivers in this market is the increasing demand for convenient packaged products by consumers. The consumers look for products which are easy to open, store, and dispose of. Hence, the demand for more convenient packaging solutions is increasing the growth of this market in the US.
Further, the report states that one of the main challenges hindering the growth of this market is its highly fragmented nature. The numerous vendors present in the market compete against each other on product price, sustainability, and compete to increase their market reach and gain consumers.
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The Containers and Packaging Market in the US 2012-2016, has been prepared based on an in-depth market analysis with inputs from industry experts. The report focues on the US; it also covers the Containers and Packaging market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The report recognizes the following companies as the key players in the Containers and Packaging Market in the US: Amcor Ltd., Ball Corp., International Paper Co., and RockTenn Co.
Other vendors mentioned in the report are Bemis Company, Inc., Cascades Inc., Crown Holdings Inc., MeadWestvaco Corp., Plastipak Holdings Inc., Rexam plc, Reynolds Group Holdings Ltd., and Silgan Holdings Inc.
Key questions answered in these market research reports:
- What will the market size be in 2016 and what will be the growth rate?
- What are key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by key vendors?
- What are the strengths and weaknesses of each of these key vendors?
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