Packaging Market size was valued at USD 94.7 Bn. in 2023 and the total packaging revenue is expected to grow at a CAGR of 3.5% from 2024 to 2030, reaching nearly USD 120.48 Bn.
Packaging Market Report Scope and Research Methodology
The Packaging Market Report offers a detailed analysis of market trends, growth drivers, and key segments, including material types, applications, and regional markets. The research methodology combines primary research, such as expert interviews, with secondary data from industry reports and publications. Data is carefully validated to ensure accuracy, providing reliable insights for market stakeholders.
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Packaging Market Dynamics
The Packaging Market Dynamics are shaped by factors such as increasing demand for sustainable and eco-friendly packaging, technological advancements in packaging solutions, and evolving consumer preferences. Regulatory pressures for reducing plastic use and the rise of e-commerce are also key drivers. These dynamics influence innovation, competitive strategies, and overall market growth.
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Packaging Market Regional Insight
The Packaging Market Regional Insight highlights significant growth in Asia-Pacific due to rising consumer demand and expanding industries. North America and Europe are leading in sustainable packaging solutions, driven by strict environmental regulations and consumer awareness. Emerging markets in Latin America and Africa are also growing, fueled by increasing industrialization and urbanization. Each region's unique economic and regulatory landscape shapes its packaging market dynamics.
Packaging Market Segmentation
By Material
Paper and Paperboard
Rigid Plastics
Flexible
Metal
Glass
Others
By Function
Cushioning
Blocking and Bracing
Void-fill
Insulation
Wrapping
Others
By Application
Food
Beverage
Healthcare
Cosmetics
Industrial
Others
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Packaging Market Key Players
North America
International Paper Company (Memphis, Tennessee, USA)
Sealed Air Corporation (Charlotte, North Carolina, USA)
WestRock Company (Atlanta, Georgia, USA)
Ball Corporation (Broomfield, Colorado, USA)
Crown Holdings, Inc. (Philadelphia, Pennsylvania, USA)
Packaging Corporation of America (Lake Forest, Illinois, USA)
Sonoco Products Company (Hartsville, South Carolina, USA)
Berry Global Group, Inc. (Evansville, Indiana, USA)
Graphic Packaging Holding Company (Atlanta, Georgia, USA)
Bemis Company, Inc. (Neenah, Wisconsin, USA)
AptarGroup, Inc. (Crystal Lake, Illinois, USA)
Europe:
Amcor plc (Zurich, Switzerland)
Tetra Pak (Pully, Switzerland)
Mondi plc (Vienna, Austria)
DS Smith plc (London, United Kingdom)
Smurfit Kappa Group plc (Dublin, Ireland)
Huhtamäki Oyj (Espoo, Finland)
Ardagh Group (Luxembg City, Luxembg)
RPC Group (Rushden, United Kingdom)
Asia Pacific
Rengo Co., Ltd. (Osaka, Japan)
Oji Holdings Corporation (Tokyo, Japan)
Orora Limited (Victoria, Australia)
Visy Industries (Victoria, Australia)
Nippon Paper Industries Co., Ltd. (Tokyo, Japan)
Key Offerings:
- Past Market Size and Competitive Landscape
- Market Size, Share, Size & Forecast by different segment |
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by Product
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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About Stellar Market Research:
Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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