Sustainability to Be Key Market Driver in North American Packaging
Demand for food and drink packaging in North America will continue to expand and add new functionalities across the next five years, according to the latest exclusive market research from Smithers Pira.
“The Future of North American Food and Drink Packaging to 2022” tracks how this market consumed 514.55 million tons in 2016, having seen sluggish (1.3%) annual growth since 2012. Smithers’ analysis shows that across 2017-2022, volume consumption will continue and reach 551.32 million tons per annum by 2022.