The US packaging industry market is anticipated to at a CAGR of 3.5% during the forecast period. The inclination towards flexible packaging and digital printing technology is making huge contributions to the growth of the packaging industry in the US. Companies across the US are making huge investments in flexible packaging technology. The packaging industry market is segmented on the basis of material type and end-user vertical. Based on the material type, the packaging industry market is segmented into plastic, metal, paper, and glass. Based on end-user vertical, the market is segmented into food, beverage, healthcare, cosmetics & personal care, industrial, and others (household items). 

Beverage packaging is anticipated to hold major market share based on end-user vertical. The adoption of sedentary lifestyle, high disposable income, along with the huge consumption of alcoholic beverages in the region is a key factor contributing to the high share of the market segment. According to PMMI, the Association for Packaging and Processing Technologies 2018 Beverage Report, the North American beverage industry is projected to grow by 4.5% during 2018-2028. The US is a major contributor to the high consumption of beverages. Therefore, the growing beverage manufacturing industry in the country is driving the US packaging industry in a strong manner.

Amcor PLC, American Packaging Corp., Ball Corp., Berry Global Inc., CCL Container, Inc., Crown Holdings Inc., DS Smith PLC, Graphic Packaging International LLC, Grief Inc., and International Paper Company among others are the key players operating in the US packaging industry. Considerable existence of large packaging companies promotes the investments for innovation and R&D activities in the country. In March 2019, Smurfit Kappa had launched innovative DigiStar premium papers that are suitable for both digital and flexographic printers. The launch of the new paper range is anticipated to bring a wealth of benefits to the packaging industry in the country.

Research Methodology

The market study of the US packaging industry market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

1. The US Packaging Industry Market Research and Analysis by Material Type
2. The US Packaging Industry Market Research and Analysis by End-User Vertical

The Report Covers

• Comprehensive research methodology of the US packaging industry market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the US packaging industry market.
• Insights about market determinants which are stimulating the US packaging industry market.
• Detailed and extensive market segments with the regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.