U.S. Consumer Packaging Market to Grow at 3.78% CAGR, 2015-2019
TechNavio's analysts forecast the Consumer Packaging market in the U.S. to grow at a CAGR of 3.78% over the period 2015-2019, according to a new report available from Report Buyer, London, U.K. The report, titled Consumer Packaging Market in the US 2015-2019, covers the present scenario and growth prospects of the consumer packaging market in the U.S. through 2019.
Consumer goods as covered in the report are tangible goods produced and consequently purchased to satisfy the perceived needs and wants of consumers. Consumer goods are comprised of many segments, and the products under each segment are used by consumers on a daily basis, such as food, beverages, healthcare and medical products, cosmetics, industrial goods, household products, and others.
Since most of the products, such as food products, beverages, drugs, and medicines, need to reach customers in usable and appropriate condition, there is a need for an extremely protective and durable material for packaging. Some of the consumer packaging types are cups, cans, sachet, bottles, blisters, bags, vials, jars, and tubes. Tthese are made as per the convenience of customers and the requirement of products.
To calculate the market size, the report considers revenue generated through the sales of different types of packaging materials, such as paper and paperboard packaging, flexible packaging, rigid packaging, glass packaging, and metal packaging.
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