North America Soft Drinks Packaging Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
The North American Soft Drinks Packaging Market is expected to register a CAGR of 8.95 % during the forecast period of 2021-2026. The global outbreak of COVID-19 has significantly impacted the packaging industry, which has led to some of the sharpest declines in recent times in demand for certain types of packaging while accelerating growth for others. Several manufacturers in the country are witnessing an uptake in demand for cans and plastic bottles due to hygiene-based consumer perceptions surrounding the packaging materials.
Key HighlightsThe North American Soft Drinks Packaging Market is moderately concentrated, shortly moving towards the fragmented stage. The key strategies adopted by the major players in the market are product innovation, mergers, acquisitions, and partnerships. Some of the major players in the market are Pactive LLC, Amcor Ltd., Genpak LLC, and Graham Packaging Company. Some of the recent developments in the market are:
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook