U.S. Perforated Packaging Market Outlook (2018 to 2032)
Synopsis
The above chart is U.S. Perforated Packaging Market Outlook (2018 to 2032)
Market Dynamics
The u.s. perforated packaging market is an ever-evolving and fast-growing sector of the packaging industry. perforated packaging is used to protect products and increase their shelf-life, while still providing convenience to consumers. according to a report by grand view research inc., the us market for perforated packaging is expected to reach usd $775.2 million by 2032, growing at a cagr of 3.7%. the main factors driving the u.s. perforated packaging market are growing demand for convenience packaging, increasing demand for ready-to-eat meals, evolving lifestyle and food habits, flavor and preservative enhancers, and quality product protection. the increasing popularity of ready-made meals, convenience and take-away foods, has been a major driving factor for the perforated packaging industry. another major driving factor for the growth of the u.s. perforated packaging market is the use of active packaging, enabling products to remain fresher for longer. such packaging is becoming increasingly popular in the food and beverage sector, as consumers prefer to buy food and beverage ready for consumption. advances in packaging materials and technologies have also significantly contributed to the growth of the u.s. perforated packaging market. plastic and aluminum packages such as bubble wrap, blister packs, and zip loc pouches are now widely used for fresh fruits, vegetables, and other food products. the u.s. perforated packaging industry is expected to gain further traction in the future due to the increasing demand for multi-layered packaging options. the industry is also expected to benefit from novel packaging options such as air permeable, re-sealable, and tamper-proof packing, providing greater convenience for consumers. the major challenges faced by the u.s. perforated packaging market are intense competition from other packaging materials, cost of materials, and regulations on the use of certain packaging materials. the growing trend of light-weight packaging for convenience and cutting down on production costs, will also pose challenges for the industry. major players in the u.s. perforated packaging market include ampac holdings llc, auburn packaging, jbs packaging solutions, team pacific corporation, and wipak usa. with increasing consumer demand and technological advances, the u.s. perforated packaging market is expected to continue to grow over the forecast period.