An exclusively designed view of Packaging

Packaging is going to enable multi-billion dollars worth of real world market opportunities in the next 5 years. Have you identified your play in this market yet?

The study of Packaging in this report emphasizes on various products

Green packaging segment is projected to create high-value opportunities in the Packaging market. Here's your chance to get an extensive understanding of this market.

The Global Packaging Market was valued at USD 970.7 Bn in 2020 and is expected to reach USD 1240.5 Bn by 2027, growing at a CAGR of 3.6% during the forecast period. The market will benefit from rising real incomes, rapid growth in e-commerce, rising urbanization and the development of retail industry in the developing and emerging countries of Asia, Middle East & Africa. The packaging consumption in these regions is projected to grow faster than in other regions by 2024. Asia Pacific accounted for 40% of the global packaging consumption in 2020, followed by North America with 22% of the market share.

The green packaging segment was a significant contributor to the market in 2020 and is estimated to reach USD 342 Bn by 2027 at a CAGR of 7%. Major players such as Amazon, Google, Tetrapak, etc are increasingly adopting green packaging to achieve net-zero carbon footprint. This is expected to create immense opportunities for the green packaging market.

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New Growth Opportunities For Your Business in Packaging sector

Global Tube Packaging

Market Size US$ Bn (2021): 5.7
CAGR: 6.7%

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Global Thermoform Packaging

Market Size US$ Bn (2021): 46.6
CAGR: 4.6%

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Global Rigid Plastic Packaging

Market Size US$ Bn (2021): 192.2
CAGR: 5.3%

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Strategy Analysis of Your Peers Related to Packaging

DS Smith

Top Relevant Markets

  • Green Packaging Market
  • Liquid Packaging Market
  • Cosmetic Packaging Market

Mondi plc

Top Relevant Markets

  • Green Packaging Market
  • Retort Packaging Market
  • Tube Packaging Market

Sonoco Company

Top Relevant Markets

  • Cosmetic Packaging Market
  • Rigid Plastic Packaging Market
  • Pharmaceuticals Packaging Market

Amcor plc

Top Relevant Markets

  • Green Packaging Market
  • Aseptic Packaging Market
  • Pharmaceuticals Packaging Market

Recent Industry News and Developments Related to Packaging

New Growth Opportunities Related to Packaging

Paper Laundry Detergent Bottles

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Molded Pulp Products

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Laminated Paperboard

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Case Study: GTM study for a Packaging Manufacturer in Africa