Hexa Reports Industry U.S. Food Container Market | Page 2
Further key findings from the report suggest :
U.S. food container industry is expected to reach USD 51.92 billion by the end of 2025, expanding at a
CAGR of 3.4% from 2016 to 2025. Product innovation by convenience food manufacturers is expected
to remain a key driving force in the near future.
Flexible packaging is expected to foresee revenue growth at a CAGR of 4.0% from 2016 to 2025.
Shifting inclination from conventional glass and metal to lightweight polymers including polyethylene
(PE) and polyvinyl diene chloride (PVC) as a raw material for packaging of food items is expected to be
a favorable factor.
Paperboard market was valued at USD 7.69 billion in 2015. The product is expected to foresee
significant gains in packaging dry goods including chips, sausages, burgers and sandwiches.
Bakery products are projected to account for 17.8% of global market share by the end of 2025.
Increment in sales of Pizza Crusts, Cakes & Pastries as a result of product innovation by bakery
processing companies including Group Bimbo is expected to expand the scope of packaging.
Key vendors include Berry Plastics, Bemis, Silgan Holdings, Amcor, Ball Corporation, Ardagh Group,
Sealed Air Corporation, and Graham Packaging. In October 2013, Silgan Holdings Inc. completed the
acquisition of leading plastic closure manufacturer, Portola Packaging, Inc., for approximately USD 265
million. This acquisition is expected to result in increasing the availability of plastic closures for the
captive production of containers used in the food & beverage industry.
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Table Of Content
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. U.S. Food Container Market Variables, Trends & Scope
Chapter 4. U.S. Food Container Market: Product Estimates & Trend Analysis
Chapter 5. U.S. Food Container Market: Application Estimates & Trend Analysis
Chapter 6. Competitive Landscape
Chapter 7. Company Profiles
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