Modified Atmosphere Packaging: Key Trend Driving North American Packaging Industry Market

The North American packaging industry is anticipated to exhibit a considerable CAGR during the forecast period (2020-2026). Modified atmosphere packaging is used for the packaging of milk products, seafood, meats, fruits, vegetables, and other consumable goods. North America enjoys a well-established food industry. The growth in demand for modified atmosphere packaging technology from food industry players to decrease the oxygen content inside the package to eliminate discoloration, off-flavors, and textures of food products is a key factor promoting the adoption of modified atmospheric packaging by the food packaging industry players.  The high need for quality preservation, improvement in safety, and reduced postharvest losses waste is further aiding to the advancement in the modified atmosphere packaging technology. 

Browse the full report description North America Packaging Industry Market Size, Share & Trends Analysis Report by Material Type (Plastic, Metal, Paper, Glass) By End-User Vertical (Food, Beverage, Healthcare, Cosmetics & Personal Care, Industrial, Others (Household Items)) Forecast period (2020-2026) at https://www.omrglobal.com/industry-reports/north-american-packaging-industry-market 

In North America, The US is anticipated to hold a major market share in the modified atmosphere packaging technology. The significant increase in the demand for packaging of processed food, perishable food, and fresh food in the country is the key promoter of the modified packaging industry in the country and thereby driving the packaging industry market across the region. Sealed Air, Amcor Plc, Berry Global Inc, Mondi Group, Owen Illinois Inc., and Proampac LLC among others are the vendors operating in the regional modified atmosphere packaging industry. These players are making continuous advancement in their technologies to thrive in the market place.  

Market Coverage

• The market number available for – 2019-2026
• Base year- 2019
• Forecast period- 2020-2026
• Segment Covered- By Material Type, By End-User Industry Vertical
• Regions Covered- North America
• Competitive Landscape- Ball Corp., Ardagh Group S.A., Silgan Containers, Crown Holdings Inc., Berry Global Inc.

Key questions addressed by the report

• What is the market growth rate?
• Which segment/region dominates the market in the base year?
• Which segment/region will project the fastest growth in the market?
• How COVID-19 impacted the market?

o Recovery Timeline

o Deviation from the pre-COVID forecast

o Most affected region/segment

• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

North America Packaging Industry Market report Segment

By Material Type

• Plastic
• Metal
• Paper
• Glass

By End-User Vertical

• Food
• Beverage
• Healthcare
• Cosmetics & Personal Care
• Industrial
• Others (Household Items)

North America Packaging Industry Market report Segment

• United States
• Canada