Certified Global Research Member

Key Questions Answered

Global Market Outlook
In-depth analysis of global and regional trends
Analyze and identify the major players in the market, their market share, key developments, etc.
To understand the capability of the major players based on products offered, financials, and strategies.
Identify disrupting products, companies, and trends.
To identify opportunities in the market.
Analyze the key challenges in the market.
Analyze the regional penetration of players, products, and services in the market.
Comparison of major playersâ€™ financial performance.
Evaluate strategies adopted by major players.
Recommendations

Why Choose Market Research Future?

Vigorous research methodologies for specific market.
Knowledge partners across the globe
Large network of partner consultants.
Ever-increasing/ Escalating data base with quarterly monitoring of various markets
Trusted by fortune 500 companies/startups/ universities/organizations
Large database of 5000+ markets reports.
Effective and prompt pre- and post-sales support.

North America Packaging Companies

The North America Packaging Market refers to the market for packaging solutions across various industries in the North American region. Packaging plays a crucial role in protecting, preserving, and promoting products, driving consumer engagement, and ensuring regulatory compliance. The North America Packaging Market is influenced by factors such as evolving consumer preferences, e-commerce growth, sustainability concerns, and advancements in packaging technology.

The North American packaging market is a vast and dynamic industry, projected to reach over USD 410.7 billion by 2032. It's characterized by a mix of established giants and innovative niche players. Competition is fierce, driven by factors like material selection, sustainability concerns, and cost-effectiveness.

Strategies for Success:

Material Innovation: Companies are focusing on developing sustainable packaging solutions. This includes bioplastics, recycled content, and compostable materials. For instance, in June 2021, WestRock introduced its Evergrow line, a fiber-based alternative to plastic packaging for produce

Mergers and Acquisitions: Consolidation is a prevalent strategy as companies seek to expand their geographic reach and product portfolios. For example, in February 2024, Sonoco announced the acquisition of RPC Group, a plastic packaging leader, to strengthen its position in the competitive flexible packaging segment .

E-commerce Optimization: The surge in online shopping has driven demand for packaging solutions that can withstand e-commerce fulfillment processes and ensure safe product delivery. Companies are investing in automation and lightweight packaging solutions to cater to this growing segment.

Technology Adoption: Advanced technologies like artificial intelligence and machine learning are being utilized to optimize packaging design, improve production efficiency, and reduce waste.

Factors Influencing Market Share:

Product Portfolio: Offering a diverse range of packaging solutions catering to different industries and product types is crucial.

Sustainability Practices: Consumers are increasingly demanding eco-friendly packaging options. Companies with a strong commitment to sustainable practices gain a competitive edge.

Manufacturing Efficiency: Cost-effective production processes and economies of scale play a significant role in determining market share.

Customer Service and Innovation: Building strong relationships with customers and consistently innovating to meet evolving needs are essential for long-term success.

Key Companies in the Packaging market include

American Packaging Corporation

Sonoco Products Company

Sealed Air Corp.

Owen Illinois Inc.

Crown Holdings

CCL Container Inc.

Ball Corporation

Berry Global Inc.

International Paper Company

Proampac LLC

Industry News

October 2023: Crown Holdings announces a $200 million investment in its North American beverage can plants to increase production capacity. This move reflects the growing demand for aluminum cans as a sustainable packaging option.

November 2023: The Recycling Partnership launches a comprehensive initiative to improve recycling infrastructure in the United States. This collaboration between industry leaders aims to increase recycling rates and reduce packaging waste.

December 2023: Several major food and beverage companies announce commitments to using 100% recycled or recyclable packaging by 2030. This trend highlights the growing pressure on packaging companies to provide sustainable solutions.

February 2024: Sonoco acquires RPC Group, a leading player in the flexible packaging market. This consolidation creates a stronger competitor with a wider product offering.

North America Packaging Companies

Leading companies partner with us for data-driven Insights

Kindly complete the form below to receive a free sample of this Report

Please fill in Business Email for Quick Response

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

Purchase Option
	Single User	$ 4,950
	Multiuser License	$ 5,950
	Enterprise User	$ 7,250
Compare Licenses

Tailored for You

Dedicated Research on any specifics segment or region.
Focused Research on specific players in the market.
Custom Report based only on your requirements.
Flexibility to add or subtract any chapter in the study.
Historic data from 2014 and forecasts outlook till 2040.
Flexibility of providing data/insights in formats (PDF, PPT, Excel).
Provide cross segmentation in applicable scenario/markets.