Packaging Market by End-user, Type, and Geography - Forecast and Analysis 2021-2025
- Published: Feb 2021
- Pages: 120
- SKU: IRTNTR44725
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The packaging market has the potential to grow by USD 170.61 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 3.59%.
This report provides extensive insights on segmentations by end-user (food, beverage, healthcare, personal care, and others), type (board, rigid plastic, flexible, metal, and glass), and geography (APAC, North America, Europe, MEA, and South America). The packaging market report also offers information on several market vendors, including Amcor Plc, Ball Corp., Berry Global Group Inc., CCL Industries Inc., DS Smith Plc, DuPont de Nemours Inc., Mondi Group, Smurfit Kappa Group Plc, Sonoco Products Co., and WestRock Co. among others.
What will the Packaging Market Size be in 2021?
Browse TOC and LoE with selected illustrations and example pages of Packaging Market
Packaging Market: Key Drivers and Trends
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This packaging market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on market drivers, trends, and challenges, which will help companies evaluate and develop growth strategies.
Who are the Major Packaging Market Vendors?
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
- Amcor Plc
- Ball Corp.
- Berry Global Group Inc.
- CCL Industries Inc.
- DS Smith Plc
- DuPont de Nemours Inc.
- Mondi Group
- Smurfit Kappa Group Plc
- Sonoco Products Co.
- WestRock Co.
The packaging market is fragmented and the vendors are deploying growth strategies such as mergers, acquisitions, and strategic partnerships to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Download a free sample of the packaging market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Which are the Key Regions for Packaging Market?
For more insights on the market share of various regions Request for a FREE sample now!
41% of the market’s growth will originate from APAC during the forecast period. China and India are the key markets for packaging in APAC. Market growth in this region will be faster than the growth of the market in Europe, North America, and South America.
The rapidly expanding end-user industries such as e-commerce, fast-moving consumer goods (FMCG), and personal care will facilitate the packaging market growth in APAC over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.
What are the Revenue-generating End-user Segments in the Packaging Market?
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Food packaging is expected to account for the largest share of the end-user segment for packaging during the forecast period. The potential growth in packaged food sales is generating the demand for packaging globally. Changing lifestyles and food habits are significant factors underlying the growth of the packaged food industry across the world.
Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the packaging market size.
What are the Key Factors Covered in this Packaging Market Report?
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will drive packaging market growth during the next five years
- Precise estimation of the packaging market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the packaging industry across APAC, North America, Europe, MEA, and South America
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of packaging market vendors
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Packaging Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 4% |
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Market growth 2021-2025 |
$ 170.61 billion |
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Market structure |
Fragmented |
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YoY growth (%) |
3.42 |
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Regional analysis |
APAC, North America, Europe, MEA, and South America |
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Performing market contribution |
APAC at 41% |
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Key consumer countries |
US, China, UK, India, and Canada |
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Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
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Companies profiled |
Amcor Plc, Ball Corp., Berry Global Group Inc., CCL Industries Inc., DS Smith Plc, DuPont de Nemours Inc., Mondi Group, Smurfit Kappa Group Plc, Sonoco Products Co., and WestRock Co. |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
Frequently Asked Questions?
- US
- China
- UK
- India
- Canada
- Growth of food delivery and takeaway market
- Continuous development of new products
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