PUBLISHER: The Business Research Company | PRODUCT CODE: 1664579
PUBLISHER: The Business Research Company | PRODUCT CODE: 1664579
Packaging involves the design and creation of a container, wrapper, box, tube, plastic bottle, tetra pack, or tin that encloses a product. Its primary purpose is to safeguard the product throughout its distribution, storage, sale, and eventual use. Packaging includes labeling, which can take the form of written or electronic information, serving to communicate product and manufacturer details to consumers.
The key categories of packaging and labeling services are primary and secondary. Primary packaging encompasses blisters, pouches, and bottle packaging. Blisters are particularly employed in various industries such as consumer goods, electronics, and pharmaceuticals. The materials utilized for packaging span bioplastics, paper, and plastic, catering to diverse end users including healthcare, pharmaceuticals, personal care, food and beverages, transport and logistics, automotive and aerospace, as well as retail and e-commerce.
The packaging and labeling services market research report is one of a series of new reports from The Business Research Company that provides packaging and labeling services market statistics, including packaging and labeling services industry global market size, regional shares, competitors with a packaging and labeling services market share, detailed packaging and labeling services market segments, market trends and opportunities, and any further data you may need to thrive in the packaging and labeling services industry. This packaging and labeling services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The packaging and labeling services market size has grown strongly in recent years. It will grow from $50.02 billion in 2024 to $53.42 billion in 2025 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to consumer goods demand, globalization and international trade, consumer preferences and branding, marketing and branding strategies, e-commerce growth.
The packaging and labeling services market size is expected to see strong growth in the next few years. It will grow to $67.52 billion in 2029 at a compound annual growth rate (CAGR) of 6.0%. The growth in the forecast period can be attributed to sustainability initiatives, customization and personalization, emerging market trends, supply chain resilience, evolving consumer preferences. Major trends in the forecast period include digital printing, anti-counterfeiting measures, regulatory compliance, supply chain resilience, brand storytelling through packaging.
The anticipated increase in the demand for food and beverages is poised to drive the growth of the packaging and labeling service market in the foreseeable future. Food and beverages encompass a wide range of consumables, including snacks, meals, and drinks. Post-COVID-19, consumers are leaning towards healthier lifestyles, leading to a heightened demand for packaged healthy food and beverage options. Packaging and labeling play a crucial role in providing shelf stability, preventing contamination, and ensuring the overall quality of food and beverage products. As of January 2023, personal food consumption expenditures in the United States increased from $1,310 billion in December 2022 to $1,315 billion, as reported by the Federal Reserve Economic Data. This rise in the demand for food and beverages is a significant driver behind the growth of the packaging and labeling service market.
The increasing demand in the pharmaceutical industry is expected to contribute significantly to the growth of packaging and labeling services. The pharmaceutical industry, dedicated to the development, production, and marketing of drugs and medications, relies on packaging and labeling services for various purposes, including protective barriers, preservation of chemical and physical integrity, dosage control, brand recognition, and extended shelf life. In 2022, the European Federation of Pharmaceutical Industries and Associations reported a total pharmaceutical production of $384,200 million (€340,000 million), indicating a 4.95% increase from the previous year. This surge in demand within the pharmaceutical sector is a driving force behind the growth of the packaging and labeling services market.
Major companies in the packaging and labeling services market are concentrating on innovations like thin layer technology, which incorporates double layers with reduced material thickness. Thin layer technology involves depositing films or layers of material, usually ranging from nanometers to micrometers, onto various substrates. For example, in July 2022, All4Labels Group GmbH, a Germany-based packaging and container manufacturing firm, introduced its STAR Portfolio designed to improve sustainable label performance. This new range of labeling and packaging solutions prioritizes recyclability and sustainable materials and includes innovative products and services. Key offerings comprise pressure-sensitive labels, shrink sleeves, and paper packaging with bio-based coatings. The initiative focuses on material reduction, thin layer technology, and quantifiable sustainability metrics, showcasing the company's dedication to meeting global sustainability goals through ongoing research and development efforts.
Major companies in the packaging and labeling services market are focusing on advanced products, such as cutting-edge label printing equipment, to drive revenues. State-of-the-art machinery enhances label printing services with features such as an extended color gamut, high-resolution printing, and rapid turnaround times for both short- and long-term projects. In October 2023, Ritter's Printing & Packaging, a US-based print and packaging company, introduced state-of-the-art label printing equipment, including the GM DC350Flex+ finisher and the Bobst LB702 Label Press. These advancements aim to improve quality, eliminate costly legacy processes, and provide clients with more options in color and finish variations.
In November 2022, Constantia Flexibles, an Austria-based flexible packaging manufacturer, acquired FFP Packaging Solutions Ltd, a UK-based company providing flexible packaging solutions. This acquisition is designed to enhance Constantia Flexibles' overall market position in the industry.
Major companies operating in the packaging and labeling services market include 3M Company, Amcor plc, CCL Industries Inc., Gerresheimer AG, Owens-Illinois Inc., Schott AG, Sonoco Products Company, WestRock Company, Case Mason Filling Inc., AmeriPac Inc., ELIS Packaging Solutions Inc., XPress 360, Action Pak Inc., AB Graphic International, Avery Dennison Corporation, Constantia Flexibles, Coveris Holdings S.A., DuPont de Nemours Inc., Berry Global Group Inc., Crown Holdings Inc., Graphic Packaging International LLC, International Paper Company, Mondi plc, Reynolds Group Holdings Limited, Sealed Air Corporation, Smurfit Kappa Group plc, Colbert Packaging, Elsons International
North America was the largest region in the packaging and labeling services market in 2024. The regions covered in the packaging and labeling services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the packaging and labeling services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The packaging and labeling service market includes revenues earned by providing different types of packages such as bottles, and tubes. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Packaging and Labeling Services Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on packaging and labeling services market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for packaging and labeling services ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The packaging and labeling services market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.