Smithers Pira Reveals Research Findings

Plastics Decorating

Smithers Pira, Leatherhead, Surrey, UK, found in its latest exclusive market research that the demand for food and drink packaging in North America will continue to expand over the next five years.

“The Future of North American Food and Drink Packaging to 2022” tracks how this market consumed 514.55 million metric tons of packaging in 2016, having seen sluggish annual growth since 2012. Smithers’ analysis shows that growth will continue from 2017 to 2022, with increases in volume consumption continuing and reaching 551.32 million metric tons per annum in 2022.

The market data is segmented by pack type, end use and country. The report analyzes the dynamics of each market, as well as reviewing the key trends driving consumer demand.

For more information, visit www.smitherspira.com.