The market size is expected to grow by USD 170.61 billion between 2020 and 2025

Supplier Landscape

The packaging market is fragmented and vendors are deploying organic and inorganic growth strategies to compete in the market.

  • Amcor Plc- The Company offers a range of packaging products such as caps and closures, cups and trays, equipment, flexible packaging, plastic bottles and jars, etc.
  • Berry Global Group Inc. – In this segment, the Company offers medical apparel materials, surgical drapes, household cleansing wipes, baby diapers, adult incontinence, as well as products and components for geosynthetics and filtration products serving industrial markets. specialized.
  • Mondi Group – The Company offers packaging solutions such as eco-solutions, flexible packaging bags and pouches, personal care components, release liners and others.

See more on the highlights of the market vendor landscape with a comprehensive list of vendors and their offerings.

Key market segmentation

Segmentation by end user:

The growth in packaging market share by the food segment will be significant over the forecast period. The potential growth in packaged food sales is generating global demand for packaging. Changing lifestyles and eating habits are significant factors driving the growth of the packaged food industry across the globe.

  • Drink
  • Health care
  • Personal care
  • Others

Segmentation by type:

  • advice
  • Rigid plastic
  • Soft
  • Metal
  • Glass

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Packaging market 2021-2025: scope

Technavio presents a detailed picture of the market through study, synthesis and summation of data from multiple sources. Our packaging market report covers the following areas:

Regional Market Outlook

41% of the market growth will come from APAC during the forecast period. China and India are the main packaging markets in APAC. The market growth in this region will be faster than the market growth in European, North American and South American regions.

Rapidly expanding end-user industries such as e-commerce, fast moving consumer goods (FMCG), and personal care will facilitate the growth of the APAC packaging market over the forecast period.

Download our FREE sample report for more key highlights on the regional market share of most of the countries mentioned above.

Latest drivers and trends in the global packaging market

  • Packaging market leader:
    • Growth of the delivery and take-out market:

One of the major growth drivers for the packaging market is the growth of the food delivery and takeout market. The global food delivery and takeaway market is growing at a rapid pace, driven by rising urbanization, busy and hectic consumer lifestyles, high mobile phone penetration and increased adoption of m-commerce. As most people around the world are used to using internet and mobile apps, many people prefer to order food through mobile apps and online portals. Many restaurants have become accessible through the availability of online services. The increase in the number of dark kitchens that produce food for online delivery has contributed to the growth of the global food delivery and takeaway market. With the growth of the global food delivery and takeaway market, the concurrent growth of the global packaging market is anticipated.

  • Packaging market trend:
    • Continuous development of new products:

The continuous development of new products is another factor supporting the growth of the packaging market share. Product developments by some vendors will encourage other vendors to introduce innovative products to stay competitive in the market. Amcor has launched AmLite Ultra Recyclable, a packaging product made from a high-barrier polyolefin film that can be used for a range of food, household, personal care and pharmaceutical products while also being recyclable in streams recycling of existing polyolefins. Amcor has also launched Genesis, an all-polyethylene laminate, which has similar clarity, gloss and stiffness to polypropylene laminates. This packaging can be used for fresh produce, frozen food, dried fruit, nuts, confectionery, chilled goods and pet food.

Find additional information on various other market drivers and trends mentioned in our Sample FREE Report.

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Packaging Market 2021-2025: Key Highlights

  • Market CAGR over the forecast period 2021-2025
  • Detailed information on the factors that will contribute to the growth of the packaging market over the next five years
  • Estimation of the packaging market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the packaging market
  • Market Competitive Landscape Analysis and Detailed Vendor Information
  • Comprehensive details of the factors that will challenge the growth of the Packaging Market vendors

Packaging Market Scope

Report cover

Details

Page number

120

base year

2020

Forecast period

2021-2025

Growth momentum and CAGR

Accelerate at a CAGR of 4%

Market Growth 2021-2025

$170.61 billion

Market structure

Fragmented

Annual growth (%)

3.42

Regional analysis

APAC, North America, Europe, MEA and South America

Successful market contribution

APAC at 41%

Main consumer countries

USA, China, UK, India and Canada

Competitive landscape

Leading companies, competitive strategies, scope of consumer engagement

Profiled companies

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 Drivers and Barriers, Fast and Slow Growing Segment Analysis, Impact of COVID-19 and Future Consumer Dynamics, Market Condition Analysis for the forecast period.

Customization overview

If our report does not include the data you are looking for, you can contact our analysts and customize the segments.

Contents

1. Summary

2. Market Landscape

2.1 Market ecosystem

Exhibit 01: Parent market

2.2 Market characteristics

Exhibit 02: Market characteristics

2.3 Value chain analysis

Table 03: Containers and packaging market

2.3.1 Inputs

2.3.2 Upstream logistics

2.3.3 Operations

2.3.4 Outbound logistics

2.3.5 Marketing and sales

2.3.6 Maintenance

Support activities

News

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About Us
Technavio is a global leader in technology research and consulting. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s reporting library consists of over 17,000 reports and counts, spanning 800 technologies, spanning 50 countries. Their customer base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research, and actionable market intelligence to identify opportunities in existing markets and potentials and assess their competitive positions in changing market scenarios.

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