Technavio releases North American flexible food packaging market research report

Predicts CAGR of approximately 3 percent during the forecast period

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According to the latest Technavio flexible food packaging market research report, market consolidation will be one of the major trends in the North American flexible food packaging market from 2018 to 2022. The vendors in this area are expanding their geographic presence by acquiring small regional players, with the US flexible food packaging market experiencing a higher number of M&As compared to Canada and Mexico.

According to Technavio, the low cost of production and less plastic waste generated by flexible food packaging, along with increased demand for flexible packaging from food companies, are key drivers for the North American flexible food packaging market.

To purchase or see a snapshot of the Flexible Food Packaging Market in North America 2018-2022 report, go to https://www.technavio.com/report/flexible-food-packaging-market-in-north-america-analysis-share-2018.

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