US consumer packaging market is estimated to grow at a CAGR of 4.5% during the forecast period. The US consumers are highly aware of sustainable packaging, which, in turn, has encouraged end-user sectors to use 100% recycled products. As a result, a range of new launches with 100% recyclable packaging has been witnessed over the years. The major brands are investing in highly sustainable plastic options to minimize the use of virgin plastic, allowing the creation of a circular economy for plastics. Brands that recently introduced completely recyclable packaging products include the Diageo and Coca Cola Co. For instance, in June 2020, Diageo North America declared that its Seagram’s 7 Crown bottles, iconic blended American whiskey will be developed from 100% recycled plastic.
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This initiative is a first for Diageo and the brand. It is developed with a long commitment to making packaging more sustainable. The company will remove virgin plastic from Seagram’s 7 Crown bottles across all its Polyethylene Terephthalate (PET) formats including 200ml, 375ml, 1.75l, and 750ml. This move will decrease the use of virgin plastic by nearly 1000 tons per year. Further, berry producers are also significantly targeted at 100% recyclable packaging in the upcoming period. For instance, in February 2020, major North American fresh berry producers declared their commitment to utilizing 100% recycle-ready packaging by 2025. The North American Blueberry Council (NABC), Asociacion national de Exportadores de Berries (Aneberries, Mexico), The California Strawberry Commission, South American exporters, and members of the National Berry Crops Initiative, are joining to retain industry leadership in eco-friendly packaging.
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US Consumer Packaging Market-Segmentation
- Personal Care and Cosmetics
- Household Goods
- Alpha Packaging
- Altium Packaging
- AptarGroup, Inc.
- Ball Corp.
- Berry Global Group, Inc.
- Cardinal Health
- Comar, LLC
- Cospack America Corp.
- C-P Flexible Packaging, Inc.
- Crown Holdings, Inc.
- Graham Packaging Co.
- InterFlex Group
- LLFlex, LLC
- O-I Glass, Inc.
- Pactiv LLC
- Plastipak Holdings, Inc.
- PPC Flexible Packaging LLC
- Sealed Air Corp.
- Sonoco Products Co.
- West Pharmaceutical Services, Inc.
- WestRock Group
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