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Confectionery Packaging Market in the US to Grow at 4.22% CAGR 2014-2019

Strategic Insights

— 1 min read

The US confectionery packaging market is characterized by a growing demand for small-sized packaging, leading to an increase in secondary packaging over primary packaging. Retailers are adopting lightweight materials for packaging, while vendors are seeking recycled and biodegradable materials. Flexible packaging, particularly stand-up pouches, is witnessing rapid growth in unit sales. Key players in the market include Amcor, Bemis, Crown Holdings, and Owens-Illinois. The market is driven by the rise in popularity of premium packaging, while intense competition and growth in organized retail are significant challenges.

Key Takeaways:

  • The confectionery packaging market in the US is expected to grow at a compound annual growth rate (CAGR) of 4.22% from 2014 to 2019.
  • Small-sized packaging is a growing trend, with many retailers opting for secondary packaging over primary packaging.
  • Lightweight materials are being adopted by confectionery vendors for packaging, with a focus on eco-friendly materials such as recycled and biodegradable materials.
  • Flexible packaging, including stand-up pouches, is experiencing rapid growth in unit sales.
  • Key players in the market are Amcor, Bemis, Crown Holdings, and Owens-Illinois, among others.
  • The market is driven by the increasing popularity of premium packaging, which enhances product visibility and improves sales.
  • Challenges in the market include intense competition and the growth in organized retail, which may lead to increased demand for specific packaging formats.

Statistics:

  • The confectionery packaging market in the US is expected to reach $[X] billion by 2019.
  • The market is expected to grow at a CAGR of 4.22% from 2014 to 2019.
  • Small-sized packaging accounts for [X]% of the revenue in the market.
  • Flexible packaging, including stand-up pouches, is expected to grow at a CAGR of [X]% from 2014 to 2019.
  • The market is driven by the rise in popularity of premium packaging, which accounts for [X]% of the revenue.

Sources:

  • TechNavio's report, Confectionery Packaging Market in the US 2015-2019
  • Reportlinker's market research solution

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