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US canned/preserved food packaging market sales suffering a slight decrease

Industry Sector

Paper and Packaging

Published

16 July 2012

Author

Matt Bodimeade

Type of News

Market

The US canned/preserved food packaging market took a hit to volume sales in 2011, with market sales suffering a slight decrease to 15.8 billion units.

Metal packaging, which has long been the dominant segment within the US canned/preserved food packaging market, declined to only 73% of total packaging in canned/preserved food in 2011. This decline has been on-going as product manufacturers have increasingly expanded to other formats, seeking to stand out in a fairly mature market.

Rigid plastic packaging unit volume sales increased by 3% in 2011, as thin wall plastic containers and other rigid containers continued to experience significant growth within the US canned/preserved food packaging market. US consumers continued to seek out healthier snack options for themselves and their children, leading to an increase in unit volume sales of single-serve thin wall plastic containers in canned/preserved fruit.

Looking ahead to 2016, volume sales within the US canned/preserved food packaging market look set to continue to decline as consumers turn to products perceived as fresher and healthier. As a result, unit volume sales of packaging are likely to decline as well.

Segment wise, liquid carton packaging is expected to experience the strongest growth in the market through 2016, with a CAGR expected to be 12%. However, this growth is an extremely small presence in the category and is unlikely to grow beyond a niche market and a handful of product lines.

More importantly, rigid plastic packaging is expected to see a CAGR of 3% through 2016, thanks to continued expansion of product lines using thin wall plastic containers and other rigid plastic.

For more information on the US canned/preserved food packaging market, see the latest research: US Canned/Preserved Food Packaging Market

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