North American Consumer Packaging Market Size,Share, Trends & Forecast 2020-2026
Posted by nabeel on April 5th, 2021
North American consumer packaging market is estimated to grow at a CAGR of 3.8% during the forecast period. Expansion of the e-commerce industry is boosting the market growth. As per the US Census Bureau, in the Q1 2020, the US retail e-commerce sales was 0.3 billion, a rise of 2.4% from the Q4 2019. The Q1 2020 e-commerce estimate rose 14.8% from the Q1 of 2019 while total retail sales rose 2.1% in the same period. In the Q1 of 2020, e-commerce sales accounted for 11.8% of total sales. The region has a significant presence of major e-commerce players such as Amazon, eBay, and Walmart. Amazon has a well-established presence in several parts of the world, with comprehensive fulfilment centers and potential customer base.
To Request a Sample of our Report on North American Consumer Packaging Market : https://www.omrglobal.com/request-sample/north-american-consumer-packaging-market-share
As a large number of consumers embracing online shopping, packaging continues to have a key role to provide superior e-commerce experience for both the brand and the consumers. Brands are focusing on re-assess packaging of their products as per the requirements of the online shopper. Corrugated boxes are the most common and extensively used packaging material in the e-commerce sector, as it features high durability, strength, and is generally recyclable. Shifting trend towards sustainable packaging is also a key contributor to the adoption of highly recyclable packaging solutions in the e-commerce sector. Other major driving factors in the market include rising demand for flexible packaging and significant growth in the pharmaceutical industry.
Recent Developments in the North American Consumer Packaging Market
North American Consumer Packaging Market-Segmentation
North American Consumer Packaging Market– Segment by Country
Reasons to Buying From us –
1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/north-american-consumer-packaging-market-share
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
Contact Person: Mr. Anurag Tiwari
Contact no: +91 780-304-0404
Company Name: Orion Market Research
Like it? Share it!
About the Authornabeel
Joined: November 26th, 2020
Articles Posted: 337
More by this author