PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1504292
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1504292
Please contact us using the inquiry form for pricing information.
Global Market Insights Inc. offers GMIPulse, a cutting-edge, Business Intelligence (BI)-enabled platform designed to deliver the finest strategic value. GMIPulse offers an adaptable subscription service, customizable to meet your unique needs, providing comprehensive and granular market data, competitive landscape insights, and an in-depth understanding of industry ecosystems. This platform is your go-to solution for all market research needs, ensuring you stay ahead with the latest trends and technological advancements.
The packaging industry is rapidly evolving, driven by advancements in technology and growing consumer demand for sustainability. GMIPulse provides in-depth insights into the following key clusters within the packaging industry:
The Advanced Packaging market is projected to grow at a CAGR of 7.2% from 2023 to 2030, driven by innovations in smart packaging and eco-friendly solutions. Major markets include active packaging, intelligent packaging, and biodegradable materials. The increasing adoption of smart packaging technologies, which enhance product safety and shelf life, and the shift towards sustainable materials are key trends in this segment.
The Consumer Goods Packaging market is expected to expand at a CAGR of 6.5% from 2023 to 2030, fueled by the rising demand for convenient and visually appealing packaging solutions. Key segments include food and beverage packaging, personal care packaging, and household products packaging. The trend towards sustainable and recyclable packaging materials is gaining momentum, driven by consumer awareness and regulatory pressures.
The Industrial Packaging market is anticipated to grow at a CAGR of 5.8% from 2023 to 2030, driven by the need for robust and durable packaging solutions for heavy-duty applications. Major markets include bulk packaging, hazardous material packaging, and protective packaging. The demand for cost-effective and sustainable packaging solutions is influencing the market dynamics, with a focus on reducing material waste and improving recyclability.
The Packaging Equipment market is projected to expand at a CAGR of 6.0% from 2023 to 2030, driven by advancements in automation and smart technologies. Key segments include filling machines, sealing machines, and labeling machines. The integration of IoT and AI in packaging equipment is enhancing operational efficiency and enabling real-time monitoring and control.
The Packaging Materials market is expected to grow at a CAGR of 5.7% from 2023 to 2030, driven by innovations in material science and the demand for sustainable packaging solutions. Major markets include plastics, paper and board, metals, and glass. The shift towards renewable and biodegradable materials is a significant trend, as companies aim to reduce their environmental footprint and comply with stringent regulations.
GMIPulse by Global Market Insights Inc. offers unparalleled strategic value through its BI-enabled platform. With its customizable and interactive interface, accurate data, and comprehensive market insights, GMIPulse is your essential tool for staying ahead in the competitive packaging market landscape. Subscribe today to unlock the full potential of your market research and strategic planning capabilities.
Please contact us using the inquiry form for pricing information.