Packaging Market Analysis APAC,North America,Europe,Middle East and Africa,South America - US,Canada,China,India,UK - Size and Forecast 2024-2028

Published: Jan 2024 Pages: 192 SKU: IRTNTR44725

Packaging Market Forecast 2024-2028

The Global Packaging Market size is forecast to increase by USD 268.37 billion at a CAGR of 4.29% between 2023 and 2028. One of the key factors driving the market is the rise in the need for innovative packaging. The main advantage of proper packaging helps attract consumers through its visual appeal, highlighting the brand. In addition, the rising awareness among brand owners and marketing experts regarding the importance of packaging to attract consumer attention is leading to its introduction. Furthermore, there is a rise in the demand for multi-packs and single-serve and miniaturized packaging for various products. A key factor shaping the market is the emergence of tamper-proof packaging. Maintaining product integrity is crucial in several industries, including food, beverage, and healthcare.

What will be the Size of the Market?

To learn more about this report, Request Free Sample in PDF

In the market, various industries such as food and beverages, pharmaceuticals, and personal care rely on wrapping solutions like high-barrier films, stand-up retort pouches, metal tins, and glass jars for flexible packaging, ensuring quality and presentation in the organized retail sector through aesthetically appealing displays in supermarkets, hypermarkets, and department stores, including fiber-based egg cartons and foam egg packaging, further augmented by the acquisition of Phoenix Flexibles.

Market Segmentation

This market growth analysis report extensively covers market segmentation by end-user (food, beverage, healthcare, personal ), type (board, rigid plastic, flexible, metal and glass), and geography (APAC, Europe, North America, South America, and Middle East and Africa). Market research and growth report also includes an in-depth analysis of drivers, trends, and challenges. In the board segment of the market, there's a growing emphasis on sustainable and innovative solutions driven by advanced film technology. As industries like automotive seek lightweight foam plastics for efficient packaging, the demand for alternatives such as corrugated boxes and biodegradable materials rises. Stringent regulations prompt the adoption of sustainable options like recycled paper and compostable packaging. Rigid protective packaging ensures product safety while minimizing environmental impact. From wrapping to rigid protection, the industry continues to evolve towards eco-friendly practices and solutions to meet consumer demands and regulatory standards.

Type Analysis

The board segment is estimated to witness significant growth during the forecast period. Board segment, also referred to as paperboard, is a thick paper-based material and has certain attributes including foldability and rigidity. In addition, paperboard is lightweight and strong, and it can be used for packaging. Furthermore, different types of paperboards that are used for these applications include folding boxboards, chipboards, bleached paperboards, craft boards, laminate boards, and container boards.

Get a glance at the market contribution of various segments View the PDF Sample

The board segment was the largest segment and was valued at USD 329.11 billion in 2018. Moreover, bleached paperboard is one of the most widely used types of paperboard. In addition, it is used for applications such as medical, cosmetic, frozen food packaging, and candy boxes. Furthermore, the growth in its demand has helped to increase the need for paperboard. In addition, manufacturers focus on personalized packaging with innovative designs and graphics to attract consumers. Hence, such factors are fuelling the growth of this segment which in turn will drive the market growth during the forecast period.

Market Region Analysis

For more insights on the market share of various regions Download PDF Sample now!

APAC is estimated to contribute 41% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. Several developing economies, including China and India, are expected to emerge as major revenue contributors to the market in the region, fuelled by the rapidly expanding end-user industries such as e-commerce, FMCG, and personal care. APAC also has a very high concentration of manufacturing industries, which, in turn, increases the need for packaging.

Moreover, the e-commerce industry is growing in countries such as China, India, and Japan. In addition, the growth of this business sector is attributed to the rise in population in the region, which has created an increase in the overall demand for goods through online channels. Furthermore,  this is a significant aspect of the e-commerce industry, as products are prone to damage during transportation. Hence, such factors are driving the market growth in APAC during the forecast period.

Market Dynamics and Customer Landscape

The market is witnessing dynamic growth driven by the need for innovative solutions that cater to evolving consumer preferences and sustainability goals. A notable trend in this market is the emergence of tamper-proof packaging, addressing concerns around product safety and integrity. However, a significant challenge facing the industry is the high cost of recycling rigid plastic products, which limits the adoption of sustainable packaging options. Despite this challenge, advancements in paperbox and paperboard technology and advanced film technology offer opportunities for cost-effective and sustainable solutions. The acquisition of Phoenix Flexibles by key players in the industry reflects a strategic move towards expanding capabilities and offering greenhouse gas emission reduction through slimline collection and lightweight tube closure solutions.

Additionally, the automotive industry's demand for lightweight foam plastics and corrugated boxes drives innovation in sustainable options, emphasizing the importance of reducing environmental impact while meeting consumer needs. By leveraging sustainable packaging solutions and embracing recycled paper and other eco-friendly materials, the market can navigate challenges and drive growth while contributing to environmental conservation efforts.

Key Market Driver

One of the key factors driving the market is the rise in the need for innovative packaging. The main advantage of proper packaging helps attract consumers through its visual appeal, highlighting the brand. In addition, the rising awareness among brand owners and marketing experts regarding the importance of packaging to attract consumer attention is leading to the introduction of innovative solutions. Furthermore, there is a rise in the demand for multi-packs and single-serve and miniaturized packaging for various products.

Additionally, multi-pack is the type that holds multiple items together and is widely used for beverage cans and bottles. In addition, single-serve is highly popular for packing food and beverage products. Furthermore, aligned with market growth analysis, the focus on health, convenience, and environmental sustainability among consumers has led to an increase in the demand for single-serve packaging. Hence, such factors are driving the market during the forecast period.

Significant Market Trends

A key factor shaping the market is the emergence of tamper-proof packaging. Maintaining product integrity is crucial in several industries, including food, beverage, and healthcare. In addition, the reputational risks are increasing as the regulatory environment becomes increasingly complex and demanding. Furthermore, the end-user industries, such as food, beverage, and healthcare, are facing threats from criminal damage, theft, and counterfeiting.

Moreover, aligning with market trends and analysis, this has increased the need for tamper-proof packaging. In addition, it is designed to provide maximum protection during the storage and transit of high-value or vulnerable goods. Furthermore, tamper-proof shows the indication of entry or tampering, as it can provide visible evidence to consumers that this has been tampered with. Hence, such factors are driving the market during the forecast period.

Major Market Challenge

The high cost of recycling rigid plastic products is one of the key challenges hindering the market. Recycling different rigid plastic products, including plastic containers, requires substantial capital and investments owing to the high procurement cost, expenditure on energy, and the collection and sorting of scrap or discarded plastic waste. In addition, the recycling of rigid plastic products, such as bottles, involves various steps, such as a collection of the bottles after use, paying the customer for the scrap, transporting it to the recycling unit, and cleaning and crushing it.

Moreover, for most small- and medium-scale manufacturing facilities, the manufacturing of new rigid plastic products is more economical than recycling. In addition, the cleaning of used plastic bottles and these materials requires a large amount of water and involves further recycling, such as crushing and melting, which require energy and workforce involvement. Hence, the recycling of rigid plastic products is costlier than manufacturing them from new raw materials. Therefore, such factors may impede the market during the forecast period.

Customer Landscape

The market research report encompasses the entire market adoption cycle, ranging from the initial innovator phase to the subsequent laggard stage. It emphasizes adoption rates across various regions, determined by penetration levels. Additionally, the market research and growth report outlines essential purchasing factors and factors influencing price sensitivity. This market report aids companies in assessing and formulating effective growth strategies.

 Customer Landscape

Who are the Major Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Amcor Group GmbH: The company offers packaging-products such as metal-free laminates, amsky blister system, vento, formpack cold form blister, amlite recyclable, amprima, and more.

The market forecasting report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:

Ball Corp., Berry Global Inc., Constantia Flexibles Group GmbH, Crown Holdings Inc., Gerresheimer AG, Huhtamaki Oyj, International Paper Co., Mondi Plc, Oji Holdings Corp., Pregis LLC, Pretium-Packaging, Sealed Air Corp., Smurfit Kappa, Sonoco Products Co., Stora Enso Oyj, Tetra Laval SA, UPM Kymmene Corp., WestRock Co., and Winpak Ltd.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Market Analyst Overview

The market is witnessing a significant shift towards flexible packaging solutions, driven by the demand for lightweight and cost-effective options across various sectors, such as food and beverages, pharmaceuticals, and the industrial goods sector. This trend is further accentuated by the rise of the organized retail sector, including supermarkets, hypermarkets, and department stores, which prioritize quality, presentation, and aesthetically appealing display.

With increasing environmental consciousness and growing consumer awareness, there's a pressing need for eco-friendly alternatives. Manufacturers are turning towards sustainable packaging materials such as recyclable packaging materials, biodegradable plastics, and compostable packaging, aligning with corporate sustainability commitments and stringent regulations.

Technological advancements in printing technology, including flexography and digital printing, are enabling customized and eye-catching designs for beauty and personal care products, enhancing their market appeal. Moreover, innovations like high-barrier films and stand-up retort pouches ensure product freshness and longevity, meeting the demands of discerning consumers. From metal tins and glass jars to fiber-based egg cartons and foam egg packaging, the industry continues to evolve, offering rigid protective packaging solutions for diverse applications while striving to reduce greenhouse gas emissions and promote sustainable practices.

Segment Overview

The market analysis and report predict market growth and forecasting by revenue at global, regional & country levels and provide an analysis of the latest market growth and trends opportunities from 2018-2028. 

  • Type Outlook 
    • Board
    • Rigid plastic
    • Flexible
    • Metal
    • Glass
  • End-user Outlook 
    • Food
    • Beverage
    • Healthcare
    • Personal care
    • Others
  • Geography Outlook 
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile
      • Argentina
      • Brazil
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Market Scope

Report Coverage

Details

Page number

192

Base year

2023

Historic period

2018 - 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 4.29%

Market growth 2024-2028

USD 268.37 billion

Market structure

Fragmented

YoY growth 2023-2024(%)

3.93

Regional analysis

APAC, North America, Europe, Middle East and Africa, and South America

Performing market contribution

APAC at 41%

Key countries

US, Canada, China, India, and UK

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

Amcor Group GmbH, Ball Corp., Berry Global Inc., Constantia Flexibles Group GmbH, Crown Holdings Inc., Gerresheimer AG, Huhtamaki Oyj, International Paper Co., Mondi Plc, Oji Holdings Corp., Pregis LLC, Pretium-Packaging, Sealed Air Corp., Smurfit Kappa, Sonoco Products Co., Stora Enso Oyj, Tetra Laval SA, UPM Kymmene Corp., WestRock Co., and Winpak Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

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.

View PDF Sample

What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2024 and 2028
  • Precise estimation of the size of the market  size and its contribution of the market in focus to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market industry across APAC, North America, Europe, Middle East and Africa, and South America
  • Thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

We can help! Our analysts can customize this market research report to meet your requirements. 

Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global packaging market 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global packaging market 2018 - 2022 ($ billion)
    • 4.2 Type Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – Type Segment 2018 - 2022 ($ billion)
    • 4.3 End-user Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – End-user Segment 2018 - 2022 ($ billion)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ billion)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by Type

    • 6.1 Market segments
      • Exhibit 30: Chart on Type - Market share 2023-2028 (%)
      • Exhibit 31: Data Table on Type - Market share 2023-2028 (%)
    • 6.2 Comparison by Type
      • Exhibit 32: Chart on Comparison by Type
      • Exhibit 33: Data Table on Comparison by Type
    • 6.3 Board - Market size and forecast 2023-2028
      • Exhibit 34: Chart on Board - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 35: Data Table on Board - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 36: Chart on Board - Year-over-year growth 2023-2028 (%)
      • Exhibit 37: Data Table on Board - Year-over-year growth 2023-2028 (%)
    • 6.4 Rigid plastic - Market size and forecast 2023-2028
      • Exhibit 38: Chart on Rigid plastic - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 39: Data Table on Rigid plastic - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 40: Chart on Rigid plastic - Year-over-year growth 2023-2028 (%)
      • Exhibit 41: Data Table on Rigid plastic - Year-over-year growth 2023-2028 (%)
    • 6.5 Flexible - Market size and forecast 2023-2028
      • Exhibit 42: Chart on Flexible - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 43: Data Table on Flexible - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 44: Chart on Flexible - Year-over-year growth 2023-2028 (%)
      • Exhibit 45: Data Table on Flexible - Year-over-year growth 2023-2028 (%)
    • 6.6 Metal - Market size and forecast 2023-2028
      • Exhibit 46: Chart on Metal - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 47: Data Table on Metal - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 48: Chart on Metal - Year-over-year growth 2023-2028 (%)
      • Exhibit 49: Data Table on Metal - Year-over-year growth 2023-2028 (%)
    • 6.7 Glass - Market size and forecast 2023-2028
      • Exhibit 50: Chart on Glass - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 51: Data Table on Glass - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 52: Chart on Glass - Year-over-year growth 2023-2028 (%)
      • Exhibit 53: Data Table on Glass - Year-over-year growth 2023-2028 (%)
    • 6.8 Market opportunity by Type
      • Exhibit 54: Market opportunity by Type ($ billion)
      • Exhibit 55: Data Table on Market opportunity by Type ($ billion)

    7 Market Segmentation by End-user

    • 7.1 Market segments
      • Exhibit 56: Chart on End-user - Market share 2023-2028 (%)
      • Exhibit 57: Data Table on End-user - Market share 2023-2028 (%)
    • 7.2 Comparison by End-user
      • Exhibit 58: Chart on Comparison by End-user
      • Exhibit 59: Data Table on Comparison by End-user
    • 7.3 Food - Market size and forecast 2023-2028
      • Exhibit 60: Chart on Food - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 61: Data Table on Food - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 62: Chart on Food - Year-over-year growth 2023-2028 (%)
      • Exhibit 63: Data Table on Food - Year-over-year growth 2023-2028 (%)
    • 7.4 Beverage - Market size and forecast 2023-2028
      • Exhibit 64: Chart on Beverage - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 65: Data Table on Beverage - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 66: Chart on Beverage - Year-over-year growth 2023-2028 (%)
      • Exhibit 67: Data Table on Beverage - Year-over-year growth 2023-2028 (%)
    • 7.5 Healthcare - Market size and forecast 2023-2028
      • Exhibit 68: Chart on Healthcare - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 69: Data Table on Healthcare - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 70: Chart on Healthcare - Year-over-year growth 2023-2028 (%)
      • Exhibit 71: Data Table on Healthcare - Year-over-year growth 2023-2028 (%)
    • 7.6 Personal care - Market size and forecast 2023-2028
      • Exhibit 72: Chart on Personal care - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 73: Data Table on Personal care - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 74: Chart on Personal care - Year-over-year growth 2023-2028 (%)
      • Exhibit 75: Data Table on Personal care - Year-over-year growth 2023-2028 (%)
    • 7.7 Others - Market size and forecast 2023-2028
      • Exhibit 76: Chart on Others - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 77: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 78: Chart on Others - Year-over-year growth 2023-2028 (%)
      • Exhibit 79: Data Table on Others - Year-over-year growth 2023-2028 (%)
    • 7.8 Market opportunity by End-user
      • Exhibit 80: Market opportunity by End-user ($ billion)
      • Exhibit 81: Data Table on Market opportunity by End-user ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 82: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 83: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 84: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 85: Chart on Geographic comparison
      • Exhibit 86: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2023-2028
      • Exhibit 87: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 88: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 89: Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • 9.4 North America - Market size and forecast 2023-2028
      • Exhibit 91: Chart on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 92: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 93: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.5 Europe - Market size and forecast 2023-2028
      • Exhibit 95: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 96: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 97: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.6 Middle East and Africa - Market size and forecast 2023-2028
      • Exhibit 99: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 100: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 101: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • 9.7 South America - Market size and forecast 2023-2028
      • Exhibit 103: Chart on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 104: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 105: Chart on South America - Year-over-year growth 2023-2028 (%)
      • Exhibit 106: Data Table on South America - Year-over-year growth 2023-2028 (%)
    • 9.8 US - Market size and forecast 2023-2028
      • Exhibit 107: Chart on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 108: Data Table on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 109: Chart on US - Year-over-year growth 2023-2028 (%)
      • Exhibit 110: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.9 China - Market size and forecast 2023-2028
      • Exhibit 111: Chart on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 112: Data Table on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 113: Chart on China - Year-over-year growth 2023-2028 (%)
      • Exhibit 114: Data Table on China - Year-over-year growth 2023-2028 (%)
    • 9.10 UK - Market size and forecast 2023-2028
      • Exhibit 115: Chart on UK - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 116: Data Table on UK - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 117: Chart on UK - Year-over-year growth 2023-2028 (%)
      • Exhibit 118: Data Table on UK - Year-over-year growth 2023-2028 (%)
    • 9.11 India - Market size and forecast 2023-2028
      • Exhibit 119: Chart on India - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 120: Data Table on India - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 121: Chart on India - Year-over-year growth 2023-2028 (%)
      • Exhibit 122: Data Table on India - Year-over-year growth 2023-2028 (%)
    • 9.12 Canada - Market size and forecast 2023-2028
      • Exhibit 123: Chart on Canada - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 124: Data Table on Canada - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 125: Chart on Canada - Year-over-year growth 2023-2028 (%)
      • Exhibit 126: Data Table on Canada - Year-over-year growth 2023-2028 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 127: Market opportunity by geography ($ billion)
      • Exhibit 128: Data Tables on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 129: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 130: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 131: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 132: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 133: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 134: Matrix on vendor position and classification
            • 12.3 Amcor Group GmbH
              • Exhibit 135: Amcor Group GmbH - Overview
              • Exhibit 136: Amcor Group GmbH - Business segments
              • Exhibit 137: Amcor Group GmbH - Key news
              • Exhibit 138: Amcor Group GmbH - Key offerings
              • Exhibit 139: Amcor Group GmbH - Segment focus
            • 12.4 Ball Corp.
              • Exhibit 140: Ball Corp. - Overview
              • Exhibit 141: Ball Corp. - Business segments
              • Exhibit 142: Ball Corp. - Key offerings
              • Exhibit 143: Ball Corp. - Segment focus
            • 12.5 Berry Global Inc.
              • Exhibit 144: Berry Global Inc. - Overview
              • Exhibit 145: Berry Global Inc. - Business segments
              • Exhibit 146: Berry Global Inc. - Key news
              • Exhibit 147: Berry Global Inc. - Key offerings
              • Exhibit 148: Berry Global Inc. - Segment focus
            • 12.6 Crown Holdings Inc.
              • Exhibit 149: Crown Holdings Inc. - Overview
              • Exhibit 150: Crown Holdings Inc. - Business segments
              • Exhibit 151: Crown Holdings Inc. - Key news
              • Exhibit 152: Crown Holdings Inc. - Key offerings
              • Exhibit 153: Crown Holdings Inc. - Segment focus
            • 12.7 Gerresheimer AG
              • Exhibit 154: Gerresheimer AG - Overview
              • Exhibit 155: Gerresheimer AG - Business segments
              • Exhibit 156: Gerresheimer AG - Key news
              • Exhibit 157: Gerresheimer AG - Key offerings
              • Exhibit 158: Gerresheimer AG - Segment focus
            • 12.8 Huhtamaki Oyj
              • Exhibit 159: Huhtamaki Oyj - Overview
              • Exhibit 160: Huhtamaki Oyj - Business segments
              • Exhibit 161: Huhtamaki Oyj - Key news
              • Exhibit 162: Huhtamaki Oyj - Key offerings
              • Exhibit 163: Huhtamaki Oyj - Segment focus
            • 12.9 International Paper Co.
              • Exhibit 164: International Paper Co. - Overview
              • Exhibit 165: International Paper Co. - Business segments
              • Exhibit 166: International Paper Co. - Key offerings
              • Exhibit 167: International Paper Co. - Segment focus
            • 12.10 Mondi Plc
              • Exhibit 168: Mondi Plc - Overview
              • Exhibit 169: Mondi Plc - Business segments
              • Exhibit 170: Mondi Plc - Key news
              • Exhibit 171: Mondi Plc - Key offerings
              • Exhibit 172: Mondi Plc - Segment focus
            • 12.11 Oji Holdings Corp.
              • Exhibit 173: Oji Holdings Corp. - Overview
              • Exhibit 174: Oji Holdings Corp. - Business segments
              • Exhibit 175: Oji Holdings Corp. - Key offerings
              • Exhibit 176: Oji Holdings Corp. - Segment focus
            • 12.12 Sealed Air Corp.
              • Exhibit 177: Sealed Air Corp. - Overview
              • Exhibit 178: Sealed Air Corp. - Business segments
              • Exhibit 179: Sealed Air Corp. - Key news
              • Exhibit 180: Sealed Air Corp. - Key offerings
              • Exhibit 181: Sealed Air Corp. - Segment focus
            • 12.13 Smurfit Kappa
              • Exhibit 182: Smurfit Kappa - Overview
              • Exhibit 183: Smurfit Kappa - Business segments
              • Exhibit 184: Smurfit Kappa - Key news
              • Exhibit 185: Smurfit Kappa - Key offerings
              • Exhibit 186: Smurfit Kappa - Segment focus
            • 12.14 Sonoco Products Co.
              • Exhibit 187: Sonoco Products Co. - Overview
              • Exhibit 188: Sonoco Products Co. - Business segments
              • Exhibit 189: Sonoco Products Co. - Key offerings
              • Exhibit 190: Sonoco Products Co. - Segment focus
            • 12.15 Stora Enso Oyj
              • Exhibit 191: Stora Enso Oyj - Overview
              • Exhibit 192: Stora Enso Oyj - Business segments
              • Exhibit 193: Stora Enso Oyj - Key news
              • Exhibit 194: Stora Enso Oyj - Key offerings
              • Exhibit 195: Stora Enso Oyj - Segment focus
            • 12.16 Tetra Laval SA
              • Exhibit 196: Tetra Laval SA - Overview
              • Exhibit 197: Tetra Laval SA - Product / Service
              • Exhibit 198: Tetra Laval SA - Key offerings
            • 12.17 WestRock Co.
              • Exhibit 199: WestRock Co. - Overview
              • Exhibit 200: WestRock Co. - Business segments
              • Exhibit 201: WestRock Co. - Key news
              • Exhibit 202: WestRock Co. - Key offerings
              • Exhibit 203: WestRock Co. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 204: Inclusions checklist
                • Exhibit 205: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 206: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 207: Research methodology
                • Exhibit 208: Validation techniques employed for market sizing
                • Exhibit 209: Information sources
              • 13.5 List of abbreviations
                • Exhibit 210: List of abbreviations

              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

              PURCHASE FULL REPORT OF

              packaging market market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

              Why should you prefer Technavio's market insights report?

              • Off-the-shelf research reports
              • Reports can be tailored to meet the customer's needs
              • Trusted by more than 100 fortune 500 organizations
              • Information about the market's key drivers, trends, and challenges
              • Parent market analysis
              • Every week, 50,000 people visit our subscription platform
              • Detailed vendors report with competitive landscape
              • Covid-19 impact and recovery analysis
              • Data on revenue-generating market segments
              • Details on the market shares of various regions
              • Five-force market analysis