A new report shows that by 2027, the North American packaging market is expected to reach $237.74 billion, with a compound annual growth rate of 2.5%. Factors such as rising demand for cosmetics, increased sales of entertainment equipment, accelerated consumption of disposable packaging, a surge in commodity exports, and rapid urbanization will drive market growth. However, market growth will be challenged by the environmental impact of food packaging, and the Asia Pacific region is becoming a dominant region. Based on materials, the North American packaging market has been segmented into paper, hard plastic, soft plastic, metal, and more.

Due to the extensive application of paper packaging in various end industries, it occupies a dominant position in the market. The packaging market in North America is fiercely competitive, consisting of numerous well-known major players focused on expanding their geographical coverage in the region, especially in the United States. The main participants continuously innovate their products and launch them to meet demand, which may support the growth of the North American packaging market.