Global Packaging Market Research Report Information by Packaging Material, By Packaging Type, By Printing Technology, By End User, and by Region -Forecast Till 2032

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Global Packaging Market Research Report Information by Packaging Material (plastics, paper and paperboard, metal, and glass), By Packaging Type (flexible packaging and rigid packaging), By Printing Technology (offset, flexography, screen, gravure, and digital), By End User (food, beverage, pharmaceutical, beauty and personal care, industrial and others), and by Region (USA, Europe and Africa) -Forecast Till 2032

Market Synopsis

In 2023, the packaging market was estimated to be worth USD 5,32,645.6 million. According to projections, the packaging sector would expand at a compound annual growth rate (CAGR) of 3.5% from USD 5,49,119.9 million in 2024 to USD 7,26,369.0 million by 2032.

The organized retail sector's explosive growth is fueling the packaging market's expansion, which is in turn being driven by the introduction of recyclable and sustainable packaging materials. Furthermore, the packaging market will benefit from innovations in package technology and blockchain-powered traceability.

The packaging market has entered a phase of rapid growth, largely due to the expansion of the organized retail sector. Large-scale product retailing through well planned establishments like supermarkets, hypermarkets, and department shops is referred to as organized retail. Because of the size of their operations, these organized retailers must package and ship large amounts of merchandise, which calls for a level of efficiency that guarantees the products' quality, safety, and presentation. In the retail sector, packaging plays a crucial role as a multifunctional instrument that protects goods from possible harm in transit, preserves product quality and freshness, and cleverly arranges an eye-catching display to draw in and interact with customers. The organized retail industry's growth in scope and importance has coincided with an extremely noticeable increase in demand for packaging solutions. The packaging sector has skillfully addressed this growing need by encouraging the creation of creative solutions that fulfill practical needs while also including features that are aesthetically pleasing, environmentally beneficial, and economically viable.

Insights on Market Segments

Glass, metal, paper and paperboard, and plastics are included in the Packaging Market segmentation based on the kind of packaging material.

Flexible and rigid packaging are included in the market segmentation based on packaging type.

The packaging market size's printing technology sector comprises offset, flexography, screen, gravure, and digital printing.

The food, beverage, pharmaceutical, cosmetics and personal care, industrial, and other end-user segments make up the market size end-user segment.

Regional Perspectives

The packaging industry study offers market insights for the United States, Europe, and Africa by region. With the biggest market share in 2023, the packaging market in Europe is predicted to rise at a substantial compound annual growth rate (CAGR) during the course of the forecast period. The European packaging business stands out as a varied and dynamic sector defined by a diverse array of materials, cutting-edge technologies, and versatile uses. In addition to acting as a key player in protecting and enabling the movement of products, it also has a major impact on consumer buying patterns and advances the economy's general sustainability paradigm.

Demand for packaging is rising noticeably in the US due to the combination of busy lifestyles and changing consumer preferences. Convenience is becoming more and more important to customers, who are looking for packaging options that fit into their busy schedules. Packaging that provides quick and hassle-free options, like single-serve portions, resealable packages, and easy-to-open containers, is in high demand in the food and beverage business.

The packaging sector in Africa is a promising emerging market with a lot of untapped potential and exciting, game-changing advancements. Leading the way in this growth are consumer markets that are experiencing rapid population growth and rising disposable incomes throughout the continent, which are powerful drivers of the demand for packaged products.

Key Players

Amcor Limited, Mondi Group, Sealed Air Corporation, International Paper, Sonoco Group, WestRock Company, Berry Global Inc., Constantia Flexibles, Huhtamaki, and Coveris Holdings are a few of the major companies involved in the packaging sector in Europe, Africa, and the USA.

Product Code: MRFR/PNT/9418-CR

SECTION I: EXECUTIVE SUMMARY AND KEY HIGHLIGHTS

1. EXECUTIVE'S HANDBOOK

1.1. The Top Performing Segments
1.2. Key Trends Summarized
1.3. Pricing Outlook
1.4. Strategic Insights
1.5. Who are the Key Players in the Market?

SECTION II: SCOPING, METHODOLOGY AND MARKET STRUCTURE

2. MARKET INTRODUCTION

2.1. Definition
2.2. Report Segmentation & Scope
2.3. Regional & Country Level Coverage
2.4. Why you need this report?

3. RESEARCH METHODOLOGY

3.1. Research Process
3.2. Secondary Research
- 3.2.1. Data Mining & Condensation
- 3.2.2. Sources (Associations, Organizations, Magazines, Paid Databases)
3.3. Primary Research
- 3.3.1. Sample Size (Demand-Supply, Company Papers, Designations, Region)
- 3.3.2. Sources
3.4. Factorial Analysis & Approach Setting
3.5. Estimation & Forecast Models
3.6. Pricing Baskets
3.7. Analyst Hours & Team

SECTION III: QUALITATIVE ANALYSIS

4. MARKET DYNAMICS

4.1. Introduction
4.2. Growth Parameters Mapped - Drivers
- 4.2.1. Growth of the Organized Retail Sector to Boost Market Growth
- 4.2.2. The Emergence of Sustainable and Recyclable Packaging Materials to Drive the Market Growth
4.3. What are the challenges faced by Industry Participants?
- 4.3.1. Crafting Packaging that Meets Both Functional and Aesthetic Requirements Presents a Multifaceted Challenge within the Business Landscape
4.4. Opportunities
- 4.4.1. Blockchain-Powered Traceability Presents a Transformative Opportunity for the Packaging Industry
- 4.4.2. Innovation in Packaging Technology to Poise an Opportunity for Packaging Market Industry
4.5. Trends
- 4.5.1. Economic and Demographic Growth Constitutes a Significant Market Trend for the Packaging Industry
- 4.5.2. The Surge in Flexible Packaging Represents a Noteworthy Market Trend within the Packaging Industry
4.6. Strategic Insights
- 4.6.1. Technology Level Trends
- 4.6.2. Regional Markets to Lookout For
4.7. Regulatory Framework
4.8. Impact Analysis of COVID-19
- 4.8.1. Impact on Overall Packaging Industry
  - 4.8.1.1. Economic Impact
- 4.8.2. Impact on Global Packaging Market
- 4.8.3. Impact on Supply Chain of Packaging
- 4.8.4. Impact on Market Demand of Packaging
  - 4.8.4.1. Impact due to restrictions/lockdown
  - 4.8.4.2. Consumer Sentiments
- 4.8.5. Impact on Pricing of Packaging Products

5. MARKET FACTOR ANALYSIS

5.1. Supply/Value Chain Analysis
- 5.1.1. Participants
- 5.1.2. Value Percolation Across the Chain
- 5.1.3. Integration Levels
- 5.1.4. Key Issues Addressed
5.2. Porter's Five Forces Model
- 5.2.1. Bargaining Power of Suppliers
- 5.2.2. Bargaining Power of Buyers
- 5.2.3. Threat of New Entrants
- 5.2.4. Threat of Substitutes
- 5.2.5. Intensity of Rivalry

SECTION IV: QUANTITATIVE ANALYSIS

6. GLOBAL PACKAGING MARKET, BY PACKAGING MATERIAL (VALUE)

6.1. Introduction
6.2. Plastic
6.3. Paper and Paperboard
6.4. Glass
6.5. Metal

7. GLOBAL PACKAGING MARKET, BY PACKAGING TYPE (VALUE)

7.1. Introduction
7.2. Flexible Packaging
7.3. Rigid Packaging

8. GLOBAL PACKAGING MARKET, BY PRINTING TECHNOLOGY (VALUE)

8.1. Introduction
8.2. Offset
8.3. Flexography
8.4. Screen
8.5. Gravure
8.6. Digital

9. GLOBAL PACKAGING MARKET, BY APPLICATION (VALUE)

9.1. Introduction
9.2. Food
9.3. Beverage
9.4. Pharmaceutical
9.5. Beauty and Personal Care
9.6. Industrial
9.7. Others

10. GLOBAL PACKAGING MARKET, BY REGION (VALUE)

10.1. Introduction
10.2. USA
10.3. Europe
10.4. Africa

SECTION V: COMPETITIVE ANALYSIS

11. COMPETITIVE LANDSCAPE

11.1. Introduction
11.2. Competition Dashboard
11.3. Company Market Share Analysis,
11.4. Who are the market disruptors & innovators?
11.5. What strategies are being adopted by market leaders?
11.6. Competitive Benchmarking
11.7. The Leading Player in terms of Number of Developments in the Global Packaging Market
11.8. Public Players Stock Summary
11.9. Comparative Analysis: Key Players Financial
11.10. Key Developments & Growth Strategies
- 11.10.1. New Product Launch/Service Deployment
- 11.10.2. Merger & Acquisition
- 11.10.3. Joint Ventures

12. COMPANY PROFILES

12.1. Amcor Plc
- 12.1.1. Company Overview
- 12.1.2. Financial Overview
- 12.1.3. Product Offered
- 12.1.4. Key Developments
- 12.1.5. SWOT Analysis
- 12.1.6. Key Strategies
12.2. Mondi Plc
- 12.2.1. Company Overview
- 12.2.2. Financial Overview
- 12.2.3. Product Offered
- 12.2.4. Key Developments
- 12.2.5. SWOT Analysis
- 12.2.6. Key Strategies
12.3. Sealed Air Corporation
- 12.3.1. Company Overview
- 12.3.2. Financial Overview
- 12.3.3. Product Offered
- 12.3.4. Key Developments
- 12.3.5. SWOT Analysis
- 12.3.6. Key Strategies
12.4. International Paper
- 12.4.1. Company Overview
- 12.4.2. Financial Overview
- 12.4.3. Product Offered
- 12.4.4. Key Developments
- 12.4.5. SWOT Analysis
- 12.4.6. Key Strategies
12.5. Sonoco Products Company
- 12.5.1. Company Overview
- 12.5.2. Financial Overview
- 12.5.3. Product Offered
- 12.5.4. Key Developments
- 12.5.5. SWOT Analysis
- 12.5.6. Key Strategies
12.6. Westrock Company
- 12.6.1. Company Overview
- 12.6.2. Financial Overview
- 12.6.3. Product Offered
- 12.6.4. Key Developments
- 12.6.5. SWOT Analysis
- 12.6.6. Key Strategies
12.7. Berry Global
- 12.7.1. Company Overview
- 12.7.2. Financial Overview
- 12.7.3. Product Offered
- 12.7.4. Key Developments
- 12.7.5. SWOT Analysis
- 12.7.6. Key Strategies
12.8. Constantia Flexibles
- 12.8.1. Company Overview
- 12.8.2. Financial Overview
- 12.8.3. Product Offered
- 12.8.4. Key Developments
- 12.8.5. SWOT Analysis
- 12.8.6. Key Strategies
12.9. Huhtamaki
- 12.9.1. Company Overview
- 12.9.2. Financial Overview
- 12.9.3. Product Offered
- 12.9.4. Key Developments
- 12.9.5. SWOT Analysis
- 12.9.6. Key Strategies
12.10. Coveris Holdings
- 12.10.1. Company Overview
- 12.10.2. Financial Overview
- 12.10.3. Product Offered
- 12.10.4. Key Developments
- 12.10.5. SWOT Analysis
- 12.10.6. Key Strategies

13. RECOMMENDATIONS & EXPERT INSIGHTS

13.1. What is the short-term vs long-term outlook for Packaging Market?
13.2. Who are the players to look out for?
13.3. What will the product mix look in coming years?

14. MRFR OFFERINGS & TEAM

14.1. Citations & Media
14.2. Our Regional Representatives
14.3. Related Reports
14.4. Our Domain Coverage