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North America Insulated Packaging Market Reviewed for 2019 with Industry Outlook to 2025

Author : Rahul Varpe | Published Date : 2019-10-01 

The demand for Global North America Insulated Packaging Market is anticipated to be high for the next five years. By considering this demand we provide latest Market Report which gives complete industry analysis, market outlook, size, growth and forecast till 2025. This report will assist in analyzing the current and future business trends, sales and revenue forecasts.

According to the Packaging Machinery Manufacturers Institute (PMMI), the U.S. food packaging sector is forecast to witness a steady pace of growth over the forthcoming years. The country’s food-contact packaging sector is highly regulated by the Food and Drug Administration (FDA). With food being one of the most sensitive products to transfer and store, the regulations are expected to promote adoption of insulated packaging such as insulated food bags considerably.

Request for a sample copy of this report @ https://www.gminsights.com/request-sample/detail/4068

Owing to environmental concerns, pet food and snack foods segments, which use conventional plastic packaging, are seeking new packaging solutions that are biodegradable and recyclable. The necessity for a recyclable, biodegradable, printable, and food-safe material could lead these segments to flexible insulated packaging for a solution, boosting insulated packaging market share further.

Meanwhile, North America insulated packaging market outlook is expected to become more favorable owing to the growth of the cosmetics industry. According to Forbes, today consumers, particularly women, are actively exploring and adopting new beauty trends. This is a part of a bigger generational transformation; wherein younger consumers are more willing to change their preferences.

Changing preferences are giving rise to the adoption of locally-produced, organic, natural or artisanal products, transforming product segments such as skincare. To keep up with this shift, popular beauty and skincare products no longer depend on synthetic ingredients.

In the category of clean, natural, and even food-standard beauty & skincare products, industry players are seeking out alternate means to extend the shelf-life of their products. The insulated packaging industry is expected to leverage its capabilities to address these cosmetics industry demands.

According to the L’Oréal 2018 annual report, skincare accounts for 39% of the cosmetics market in terms of product category. The global cosmetics industry recorded estimated sales of approximately €200 billion in 2018 with North America accounting for 25% of the industry by geographic zone.

North America’s integral contribution towards the growth of the cosmetics industry presents a lucrative growth opportunity to the insulated packaging industry. With cosmetics industry demands projected to grow steadily through non-synthetic products, the North America insulated packaging market share is slated record remarkable growth over forecast timeframe.

Partial Chapter of the Table of Content:

North America Insulated Packaging Market, By Material

  • Plastic
  • Glass
  • Metal
  • Corrugated Cardboards
  • Others

North America Insulated Packaging Market, By Application

  • Food & Beverages
  • Pharmaceutical
  • Chemical
  • Cosmetics & Personal Care
  • Live Plant
  • Others

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/4068           

Overall, attributing to changing packaging demands in the food & beverages industry along with  shifting consumer preferences toward cosmetics products, insulated packaging adoption is slated to experience a sizable boost in coming years. A research report by Global Market Insights, Inc., estimates that the North America insulated packaging market valuation would surpass a valuation of $3 billion by 2025.

Read More:

Recycled Glass Market Share, Growth Forecast- Global Industry Outlook

https://www.marketwatch.com/press-release/recycled-glass-market-growth-analysis-by-regional-players-2019-2025-2019-09-30

Advanced Polymer Composites Market Analysis and Demand with Forecast Overview to 2025

About Author

Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for fractovia. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. Apart from being an avid reader, his other hobbies include music and sketching. He can be contacted at- [email protected] | https://twitter.com/varperahul

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