Packaging Market by End-user, Type, and Geography - Forecast and Analysis 2021-2025

  • Published: Feb 2021
  • Pages: 120
  • SKU: IRTNTR44725
Technavio

Purchase this report now and if we publish a new version within 90 days, we will send you a free copy.

Safe and Secure SSL Encrypted
  • 2500.00
  • USD

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?

Packaging-Market-Market-Size-2020-2025

Browse TOC and LoE with selected illustrations and example pages of Packaging Market

 Get Your FREE Sample Now!

Packaging Market: Key Drivers and Trends

  • The demand for digitally printed packaging is increasing among brands, which is one of the prime factors driving the growth of the global packaging market.
  • Digital printing enables brands to custom print graphics on their products to make them attractive to consumers.
  • It also brings innovation and value creation for their products, helping companies in building brand loyalty and customizing their marketing efforts.
  • Additionally, several vendors are developing digital printing technology solutions that offer a highly reflective metallic effect and endless design possibilities for folding carton applications.
  • The rising adoption of reusable packing is one of the key packaging market trends.
  • The growing concerns about reducing the use of plastic packaging have increased the demand for reusable packaging.
  • A few of the biggest global brands are introducing reusable packaging to reduce the use of single-use plastics.
  • Moreover, several food and beverage companies have announced their plans to offer their products over subscription service with all products available in reusable packaging.
  • Such initiatives by end-user industries will positively impact the growth of the packaging market size over the forecast period. 

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?

Packaging-Market-Market-Share-by-Region-2020-2025

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?

Packaging-Market-Market-Share-by-End-2020-2025

To gain further insights on the market contribution of various segments Request for a FREE sample

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.

 

Event-Tickets-Market-Report

Request for a FREE sample

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

We can help! Our analysts can customize this report to meet your requirements. Get in touch

Packaging Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 4%

Market growth 2021-2025

$ 170.61 billion

Market structure

Fragmented

YoY growth (%)

3.42

Regional analysis

APAC, North America, Europe, MEA, and South America

Performing market contribution

APAC at 41%

Key consumer countries

US, China, UK, India, and Canada

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

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.

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,

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.

Read More Read Less

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.

TechnavioINFORMATION 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
Technavio

TechnavioDATA 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
Technavio

TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
Interested in this report?
Get your FREE sample now!
The packaging market market growth will increase by $280.29 billion during 2019-2024.
The packaging market market is expected to grow at a CAGR of 5.34% during 2019-2024.
Technavio has segmented the packaging market market by end user (Food, Beverage, Healthcare, Personal care, and Others) ,type (Board, Rigid plastic, Flexible, Metal, and Glass) , and geographic (APAC, North America, Europe, MEA, and South America).
Amcor Plc, Ball Corp., Berry Global Group Inc., CCL Industries Inc., DuPont de Nemours Inc., DS Smith Plc, Mondi Group, Reynolds Group Holdings Ltd., Smurfit Kappa Group Plc, WestRock Co. are a few of the key vendors in the packaging market market.
APAC will register the highest growth rate of 39.47% among the other regions. Therefore, the packaging market market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the packaging market market growth are:
  • Growth of food delivery and takeaway market
  • Continuous development of new products
The packaging market market vendors should focus on grabbing business opportunities from the food segment as it accounted for the largest market share in the base year.
Safe and Secure SSL Encrypted
Technavio

Single User:

2500 USD

Technavio Get the report (PDF) sent to your email within minutes.

Subscribe & Save

Get lifetime access to our
Technavio Insights

Want to customize this report?

This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time.

We offer $1000 worth of FREE customization at the time of purchase
Technavio
Enquire Before Buying
  1. Home
  2. Materials
  3. Published Report
17,000 reports available | Plans starting from just 5,000 USD | Get FREE trial>>