The North American insulated packaging market is projected to grow at a CAGR of 3.9% during the forecast period. The key factors that drive the market growth include the wide range of properties it offers for preserving the product. The region has the presence of numerous key players operating in the market.
Players such as Airlite Plastics Co., Amcor Ltd., DS Smith PLC, Marko Foam Products, Inc., Nippon Paper Industries Co. Ltd., and Sonoco Products Co. contribute substantially to the growth of the North American insulated packaging industry.
Browse the full report description of "North America Insulated Packaging Market Size, Share & Trends Analysis Report by Material (Corrugated Cardboard, Plastics, Glass, and Others), by Product Type (Rigid, Semi-Rigid, and Flexible), and by Application (Food & Beverages, Pharmaceuticals, Cosmetics & Personal Care, and Other Applications) Forecast, 2020-2026" at https://www.omrglobal.com/industry-reports/north-america-insulated-packaging-market
These players adopt several growth strategies in order to thrive in the global competition. For instance, in August 2019, the US-based company, Airlite Plastics Co. acquired a business unit of Providence Packaging Inc. an insulated packaging market player. This acquisition is likely to strengthen the presence of the company in the country as well as curb a large customer base.
Further, the presence of players such as Amazon and Walmart also accelerate market growth over the forecast period. The growth in grocery stores along with the increased preferences of online channels are some other factors that fuel the growth of the market.
Market Coverage
Key Questions Addressed by the Report
o Recovery Timeline
o Deviation from the pre-COVID-19 forecast
o Most affected segment
North America Insulated Packaging Market – Segmentation
By Material
By Product Type
By Application
North America Insulated Packaging Market – Countries Covered
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