North America compostable packaging market is projected to register healthy CAGR in the forecast period of 2020 to 2027. The new market report contains data for historic years 2018, the base year of calculation is 2019 and the forecast period is 2020 to 2027.
Market Segmentation:
North America Compostable Packaging Market By Product Type (Bags, Trays, Cups, Plates, Films, Lids, Straws, Cutlery, Bowls, Clamshells, Pouches & Sachets, Others), Material (Plastic, Paper & Paperboard, Others), Packaging Layer (Primary Packaging, Secondary Packaging, Tertiary Packaging), Distribution Channel (B2B, Supermarkets/Hypermarkets, Departmental Stores, Convenience Stores, Specialty Stores, E-commerce, Others), End-User (Food & Beverages, Medical, Automotive, Electrical & Electronics, Agriculture, Textile Goods, Personal & Home Care, Chemical, Others), Country (U.S., Canada, Mexico), Market Trends and Forecast to 2027
Some of the major factors contributing to the growth of the North America compostable packaging market:
- Growing consumption of food and beverages in U.S.
- Increasing usage of electronics products
Market Players:
The key market players for North America compostable packaging market are listed below:
- ULTRA GREEN SUSTAINABLE PACKAGING
- International Paper
- Smurfit Kappa
- Mondi
- BASF SE
- Be Green Packaging HQ
- Futamura Group
- Stora Enso
- WestRock Company
- Amcor plc
- NatureWorks LLC
- Paper Water Bottle
- Genpak, LLC