Investing in the North American Packaging Market | Experts at Infiniti Explain the Key Trends Poised to Take Off
29 Mayo 2020 - 9:09AM
Business Wire
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North America remains the global leader in the packaging
industry right now. Although the North American packaging market
faced a brief dip in 2009, the sector has seen steady growth over
the past couple of years. However, new packaging industry trends
such as the rising need for eco-friendly and sustainable solutions
are posing new challenges for companies in the sector. Also, China
is poised to become a packaging industry major by 2020, and
together with other markets in Asia, it will remain the industry’s
top growth engine alongside North America. While this shift is
notable, North America’s relevance in the global packaging market
remains substantial due to its size and rate of innovation. The
largest end-user segment of the North American packaging sector is
food, while the fastest is projected to come from healthcare and
cosmetics, closely similar to the global packaging industry
trends.
Packaging companies must develop a rapid response to address
the ongoing market challenges due to COVID-19. Contact us for
comprehensive market insights and agile strategies to overcome
market disruptions due to the ongoing crisis.
This blog provides a packaging industry overview in North
America, highlighting the key packaging industry trends that
investor and companies can expect to see.
Impressive growth in Mexico: Mexico is predicted to have
the highest packaging industry growth among the three North
American countries. One of the key packaging industry segments that
is expected to show positive growth in Mexico is the soft drink
beverage packaging that meets the needs of customers seeking both
versatility and sophistication from their packaging.
Success of rigid plastic packaging: Packaging industry
trends such as rigid plastic packaging is forecasted to show steady
growth in the North American packaging market and will experience
the highest growth rates across plastics. Furthermore, PE and PET
will remain the main plastics used for consumer manufacturing.
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About Infiniti Research
Established in 2003, Infiniti Research is a leading
market intelligence company providing smart solutions to address
your business challenges. Infiniti Research studies markets in more
than 100 countries to help analyze competitive activity, see beyond
market disruptions, and develop intelligent business strategies.
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https://www.infinitiresearch.com/about-us
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Infiniti Research Anirban Choudhury Marketing Manager US: +1 844
778 0600 UK: +44 203 893 3400
https://www.infinitiresearch.com/contact-us