North America Flexible Food Packaging Market Size to grow USD 4.13 bn from 2021 to 2025 | Amcor Plc and Berry Global Group Inc. among Key Contributors to growth | Technavio

News provided by

Oct 08, 2021, 04:00 ET

NEW YORK, Oct. 8, 2021 /PRNewswire/ --

The flexible food packaging market size will grow by USD 4.13 billion in North America from 2021 to 2025, according to Technavio. The report offers a detailed analysis of the flexible food packaging market in North America in optimistic, probable, and pessimistic forecast scenarios.

Attractive Opportunities in Flexible Food Packaging Market in North America by Material and Geography - Forecast and Analysis 2021-2025

Technavio offers an up-to-date analysis regarding the current global market scenario and the overall market environment. Read Free Sample Report

The flexible food packaging market in North America is fragmented, and the degree of fragmentation will accelerate during the forecast period. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments while maintaining their positions in the slow-growing segments.

Flexible Food Packaging Market in North America 2021-2025: Segmentation

Material

Plastic
Paper
Foil

Geography

US
Canada
Mexico

Find insights on the impact of each segment and make informed business decisions. Download a Free Sample Now

Flexible Food Packaging Market in North America 2021-2025: Vendor Analysis and Scope

To help businesses improve their market position, Technavio's report provides a detailed analysis of around 25 vendors operating in the market. Some of the major vendors of the flexible food packaging market in North America 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 Products Inc., Sealed Air Corp., and Sonoco Products Co.

The report also covers the following areas:

Factors such as lower cost of production and less plastic waste than rigid packaging, increasing consumer preference for packaged food, and growing demand for high-barrier packaging films will offer immense growth opportunities. However, factors such as fluctuations in the prices of raw materials may threaten the growth of the market.

Get lifetime access to our Technavio Insights. Subscribe now to our most popular "Lite Plan" billed annually at USD 3000. View 3 reports monthly and Download 3 Reports Annually!

Flexible Food Packaging Market in North America 2021-2025: Key Highlights

CAGR of the market during the forecast period 2021-2025
Detailed information on factors that will assist flexible food packaging market growth in North America during the next five years
Estimation of the flexible food packaging market size in North America and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the flexible food packaging market in North America
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of flexible food packaging market vendors in North America

Related Reports:

Chocolate Packaging Market by Type and Geography - Forecast and Analysis 2021-2025: The chocolate packaging market has the potential to grow by USD 3.82 billion from 2021 to 2025. Download Free Sample Report Now
Bakery Packaging Market by Product and Geography - Forecast and Analysis 2021-2025: The bakery packaging market has the potential to grow by USD 8.52 billion from 2021 to 2025. View Sample Report

Flexible Food Packaging Market in North America Scope
Report Coverage	Details
Page number	120
Base year	2020
Forecast period	2021-2025
Growth momentum & CAGR	Accelerate at a CAGR of over 6%
Market growth 2021-2025	USD 4.13 billion
Market structure	Fragmented
YoY growth (%)	5.11
Regional analysis	US, Canada, and Mexico
Performing market contribution	US at 79%
Key consumer countries	US
Competitive landscape	Leading companies, competitive strategies, consumer engagement scope
Companies profiled	Amcor Plc, Berry Global Group Inc., CCL Industries Inc., Constantia Flexibles Group GmbH, FLAIR Flexible Packaging Corp., Mondi Group, ProAmpac Intermediate Inc., Reynolds Group Products Inc., Sealed Air Corp., and Sonoco Products Co.
Market Dynamics	Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period,
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Download Free Sample Report now to uncover successful business strategies deployed by companies in the flexible food packaging market in North America

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio