While PET bottles represent the largest volume share of pack types in North America, pouches will see the greatest forecast CAGR of 5.7%, adding nearly 2 billion units sold through 2020, according to the 2017 Global Packaging Trends Report.
Produced by Euromonitor and sponsored by leading packaging associations PMMI, The Association for Processing and Packaging Technologies, Australian Packaging and Processing Machinery Association, Italian Manufacturers of Automatic Packing and Packaging Machinery, and the Processing & Packaging Machinery Trade Association, the market research study reveals confectionery and processed fruits as the most significant drivers of pouch growth in food packaging. The reasoning is a common one in packaging as of late as consumers serve as the impetus for change, in this case, clamoring for convenient pack sizes for on-the-go snacking.