The development prospects of the US packaging industry are expected to show five characteristics in North America.

[ppzhan Abstract] In recent years, with the development of the economy, the packaging and printing industry has also developed rapidly. As the world's largest packaging country, the development of the US packaging industry has attracted worldwide attention. It is predicted that the output value of the packaging industry in North America will reach 186 billion US dollars in 2017. So which development will this be obtained?

The global demand for packaging machinery will continue to grow at a rate of 4.6% per year over the next few years and will reach $41.8 billion in 2017. According to the newly released research report of Pine Company, the output value of the packaging industry in North America will reach 186 billion US dollars in 2017. The United States is still a large packaging machinery market. Although its market size will be exceeded by China in 2017, the United States will still account for one-sixth of the total global market demand. In the next four years, the packaging industry in North America will develop. The following five characteristics are presented.

The Mexican packaging industry is growing at a higher rate. The growth rate of the Mexican packaging industry, one of the top three countries in North America, is expected to top the list. In 2011, the market share of the packaging industry in the three countries in North America was 83.3% in the US, 9.8% in Canada, and 7.0% in Mexico. However, the United States is facing many challenges due to the impact of the global economic crisis. In Mexico, the output value of the packaging industry is expected to continue to grow by 3.1% in the next four years. Among them, the eye-catching is in the field of soft drink packaging.

Paper packaging still leads the packaging market. Despite the relative decline in demand for paper packaging during the financial crisis, it has now returned to the level at the end of 2007. In 2011, the packaging industry in North America was the largest in carton packaging, accounting for 33.7%. At the same time, the corrugated packaging sector not only has a fast growth rate, but also accounts for 64.3% of the paper packaging market. It is expected that the United States will maintain a good development trend in 2012, and by 2017 the output value of paper packaging will increase to 51.9 billion US dollars.

Solid plastic packaging continues to increase. According to Pine's 2017 North American Packaging Industry Forecast report, rigid plastic packaging will continue to grow at a rate of 2.6% per year, with output expected to reach $40 billion in four years. The hard plastic packaging industry in Mexico will be a fast-growing country in the region, and by 2017 the output will surpass Canada's $45 million.

The industrial packaging sector began to pick up. At present, the economy in North America is still not very stable. The US real estate industry has been in a downturn and the financial investment industry has become more cautious. However, the industry has begun to recover since the big landslide in 2008, and the real estate industry has gradually begun to pick up. Industrial packaging will continue to grow in the future. It is expected that industrial packaging in North America will increase at an annual growth rate of 1.2% in four years, and the value in 2017 will reach US$62.5 million.

The retail packaging industry has won favor. With many large chain stores increasing their presence in North America, the retail packaging industry has gained market acceptance. According to the "Packaging World" survey, 57% of stores in North America have won the favor of consumers through product packaging in the past year.

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