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The market value is set to grow by USD 170.61 billion, progressing at a CAGR of 4% from 2020 to 2025, as per the latest report by Technavio.
Packaging Market Driver:
- Growth of the food delivery and takeaway market:
- The global food delivery and takeaway market is growing at a substantial pace, owing to the rise in urbanization, the busy and hectic lifestyle of consumers, a surge in mobile phone penetration, and the increase in the adoption of m-commerce. As most people around the globe are habituated with the use of the Internet and mobile applications, many people prefer to order food through mobile applications and online portals. Many restaurants have become accessible owing to the availability of online services. The rise in the number of dark kitchens which produce food for online deliveries has contributed to the growth of the global food delivery and takeaway market globally. With the growth of the global food delivery and takeaway market, the simultaneous growth of the global packaging market is anticipated.
Packaging Market Trend:
- Continuous development of new products:
- Product developments by some vendors will encourage other vendors to introduce innovative products to remain competitive in the market. Amcor launched AmLite Ultra Recyclable, a packaging product made from high-barrier polyolefin film which can be used for a range of food, home, and personal care, and pharmaceutical products while also being recyclable in existing polyolefin recycling streams. Amcor also launched Genesis, an all-polyethylene laminate, which has clarity, gloss, and stiffness similar to polypropylene laminates. This packaging can be used for fresh produce, frozen food, dried fruits, nuts, confectionery, chilled goods, and pet food.
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The Packaging Market is segmented by end-user (food, beverage, healthcare, personal care, and others), type (board, rigid plastic, flexible, metal, and glass).
- Segmentation by End user:
The packaging market share growth by the food segment will be significant during the forecast period. The potential growth in packaged food sales is generating the demand for packaging globally. Changing lifestyles and food habits are significant factors underlying the growth of the packaged food industry across the world.
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- Beverage Packaging
- Healthcare Packaging
- Personal Care Packaging
- Others
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Our Packaging Market Report Covers the Following Areas:
The Packaging Market is segmented by geography (APAC, North America, Europe, MEA, and South America).
41% of the market's growth will originate from APAC during the forecast period. China and India are the key markets for packaging in APAC. Market growth in this region will be faster than the growth of the market in the European, North American, and South American regions. The rapidly expanding end-user industries such as e-commerce, fast-moving consumer goods (FMCG), and personal care will facilitate the packaging market growth in APAC over the forecast period.
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- North America
- Europe
- MEA
- South America
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Packaging Market 2021-2025: Key Highlights
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will assist Packaging Market growth during 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
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of Packaging Market vendors
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Packaging Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4% |
Market growth 2021-2025 |
$ 170.61 billion |
Market structure |
Fragmented |
YoY growth (%) |
3.42 |
Regional analysis |
APAC, North America, Europe, MEA, and South America |
Performing market contribution |
APAC at 41% |
Key consumer countries |
US, China, UK, India, and Canada |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
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 inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
Customization preview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents
1. Executive 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
Exhibit 03: Containers & packaging market
2.3.1 Inputs
2.3.2 Inbound logistics
2.3.3 Operations
2.3.4 Outbound logistics
2.3.5 Marketing and sales
2.3.6 Service
Support activities
Innovations
3. Market Sizing
3.1 Market definition
Exhibit 04: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 05: Market segments
3.3 Market size 2020
3.4 Market outlook: Forecast for 2020 - 2025
3.4.1 Estimating growth rates for emerging and high-growth markets
3.4.2 Estimating growth rates for mature markets
Exhibit 06: Global - Market size and forecast 2020 - 2025 ($ billion)
Exhibit 07: Global market: Year-over-year growth 2020 - 2025 (%)
4. Five Forces Analysis
4.1 Five Forces Summary
Exhibit 08: Five forces analysis 2020 & 2025
4.2 Bargaining power of buyers
4.3 Bargaining power of suppliers
4.4 Threat of new entrants
4.5 Threat of substitutes
4.6 Threat of rivalry
4.7 Market condition
Market condition - Five forces 2020
5. Market Segmentation by End-user
The segments covered in this chapter are:
- Food
- Beverage
- Healthcare
- Personal care
- Others
All the segments have been ranked based on their market size in 2020. The food segment constituted the largest individual segment in 2020, while the smallest single segment was personal care.
5.1 Market segments
Exhibit 15: End-user - Market share 2020-2025 (%)
5.2 Comparison by End-user
Exhibit 16: Comparison by End-user
5.3 Food - Market size and forecast 2020-2025
Exhibit 17: Food - Market size and forecast 2020-2025 ($ billion)
Exhibit 18: Food - Year-over-year growth 2020-2025 (%)
5.4 Beverage - Market size and forecast 2020-2025
Exhibit 19: Beverage - Market size and forecast 2020-2025 ($ billion)
Exhibit 20: Beverage - Year-over-year growth 2020-2025 (%)
5.5 Healthcare - Market size and forecast 2020-2025
Exhibit 21: Healthcare - Market size and forecast 2020-2025 ($ billion)
Exhibit 22: Healthcare - Year-over-year growth 2020-2025 (%)
5.6 Personal care - Market size and forecast 2020-2025
Exhibit 23: Personal care - Market size and forecast 2020-2025 ($ billion)
Exhibit 24: Personal care - Year-over-year growth 2020-2025 (%)
5.7 Others - Market size and forecast 2020-2025
Exhibit 25: Others - Market size and forecast 2020-2025 ($ billion)
Exhibit 26: Others - Year-over-year growth 2020-2025 (%)
5.8 Market opportunity by End-user
Exhibit 27: Market opportunity by End-user
6. Market Segmentation by Type
The segments covered in this chapter are:
- Board
- Rigid plastic
- Flexible
- Metal
- Glass
All the segments have been ranked based on their market size in 2020. Board constituted the largest segment in 2020, while the smallest segment was glass
6.1 Market segments
Exhibit 28: Type - Market share 2020-2025 (%)
6.2 Comparison by Type
Exhibit 29: Comparison by Type
6.3 Board - Market size and forecast 2020-2025
Exhibit 30: Board - Market size and forecast 2020-2025 ($ billion)
Exhibit 31: Board - Year-over-year growth 2020-2025 (%)
6.4 Rigid plastic - Market size and forecast 2020-2025
Exhibit 32: Rigid plastic - Market size and forecast 2020-2025 ($ billion)
Exhibit 33: Rigid plastic - Year-over-year growth 2020-2025 (%)
6.5 Flexible - Market size and forecast 2020-2025
Exhibit 34: Flexible - Market size and forecast 2020-2025 ($ billion)
Exhibit 35: Flexible - Year-over-year growth 2020-2025 (%)
6.6 Metal - Market size and forecast 2020-2025
Exhibit 36: Metal - Market size and forecast 2020-2025 ($ billion)
Exhibit 37: Metal - Year-over-year growth 2020-2025 (%)
6.7 Glass - Market size and forecast 2020-2025
Exhibit 38: Glass - Market size and forecast 2020-2025 ($ billion)
Exhibit 39: Glass - Year-over-year growth 2020-2025 (%)
6.8 Market opportunity by Type
Exhibit 40: Market opportunity by Type
7. Customer landscape
Technavio's customer landscape matrix comparing Drivers or price sensitivity, Adoption lifecycle, importance in customer price basket, Adoption rate and Key purchase criteria
Exhibit 41: Customer landscape
8. Geographic Landscape
The regions covered in the report are:
- APAC
- North America
- Europe
- MEA
- South America
North America was the largest region of the market in 2020 and would continue to be the largest segment of the market in 2025. It would grow at a compounded annual growth rate of around 5% between 2020 and 2025, which is slower than the overall market
8.1 Geographic segmentation
Exhibit 42: Market share by geography 2020-2025 (%)
8.2 Geographic comparison
Exhibit 43: Geographic comparison
8.3 APAC - Market size and forecast 2020-2025
Exhibit 44: APAC - Market size and forecast 2020-2025 ($ billion)
Exhibit 45: APAC - Year-over-year growth 2020-2025 (%)
8.4 North America - Market size and forecast 2020-2025
Exhibit 46: North America - Market size and forecast 2020-2025 ($ billion)
Exhibit 47: North America - Year-over-year growth 2020-2025 (%)
8.5 Europe - Market size and forecast 2020-2025
Exhibit 48: Europe - Market size and forecast 2020-2025 ($ billion)
Exhibit 49: Europe - Year-over-year growth 2020-2025 (%)
8.6 MEA - Market size and forecast 2020-2025
Exhibit 50: MEA - Market size and forecast 2020-2025 ($ billion)
Exhibit 51: MEA - Year-over-year growth 2020-2025 (%)
8.7 South America - Market size and forecast 2020-2025
Exhibit 52: South America - Market size and forecast 2020-2025 ($ billion)
Exhibit 53: South America - Year-over-year growth 2020-2025 (%)
8.8 Key leading countries
Exhibit 54: Key leading countries
8.9 Market opportunity by geography
Exhibit 55: Market opportunity by geography ($ billion)
9. Drivers, Challenges, and Trends
9.1 Market drivers
9.1.1 Growth of food delivery and takeaway market
9.1.2 Rise in need for innovative packaging
9.1.3 Increase in demand for digitally printed packaging
9.2 Market challenges
9.2.1 High manufacturing cost for packaging
9.2.2 Environmental concerns over the use of plastic packaging
9.2.3 Contamination of food during packaging
Exhibit 56: Impact of drivers and challenges
9.3 Market trends
9.3.1 Continuous development of new products
9.3.2 Emergence of tamper-proof packaging
9.3.3 Rise in adoption of reusable packaging
10. Vendor Landscape
10.1 Competitive scenario
10.2 Vendor landscape
Exhibit 57: Vendor landscape
10.3 Landscape disruption
The potential for the disruption of the market landscape was moderate in 2020, and its threat is expected to remain unchanged by 2025.
Exhibit 58: Landscape disruption
10.4 Industry risks
Exhibit 59: Industry risks
11. Vendor Analysis
11.1 Vendors covered
Exhibit 60: Vendors covered
11.2 Market positioning of vendors
Exhibit 61: Market positioning of vendors
11.3 Amcor Plc
Exhibit 62: Amcor Plc - Overview
Exhibit 63: Amcor Plc - Business segments
Exhibit 64: Amcor Plc - Key news
Exhibit 65: Amcor Plc - Key offerings
Exhibit 66: Amcor Plc - Segment focus
11.4 Ball Corp.
Exhibit 67: Ball Corp. - Overview
Exhibit 68: Ball Corp. - Business segments
Exhibit 69: Ball Corp. - Key news
Exhibit 70: Ball Corp. - Key offerings
Exhibit 71: Ball Corp. - Segment focus
11.5 Berry Global Group Inc.
Exhibit 72: Berry Global Group Inc. - Overview
Exhibit 73: Berry Global Group Inc. - Business segments
Exhibit 74: Berry Global Group Inc. - Key news
Exhibit 75: Berry Global Group Inc. - Key offerings
Exhibit 76: Berry Global Group Inc. - Segment focus
11.6 CCL Industries Inc.
Exhibit 77: CCL Industries Inc. - Overview
Exhibit 78: CCL Industries Inc. - Business segments
Exhibit 79: CCL Industries Inc. - Key news
Exhibit 80: CCL Industries Inc. - Key offerings
Exhibit 81: CCL Industries Inc. - Segment focus
11.7 DS Smith Plc
Exhibit 82: DS Smith Plc - Overview
Exhibit 83: DS Smith Plc - Business segments
Exhibit 84: DS Smith Plc - Key offerings
Exhibit 85: DS Smith Plc - Segment focus
11.8 DuPont de Nemours Inc.
Exhibit 86: DuPont de Nemours Inc. - Overview
Exhibit 87: DuPont de Nemours Inc. - Business segments
Exhibit 88: DuPont de Nemours Inc. - Key news
Exhibit 89: DuPont de Nemours Inc. - Key offerings
Exhibit 90: DuPont de Nemours Inc. - Segment focus
11.9 Mondi Group
Exhibit 91: Mondi Group - Overview
Exhibit 92: Mondi Group - Business segments
Exhibit 93: Mondi Plc - Key news
Exhibit 94: Mondi Group - Key offerings
Exhibit 95: Mondi Group - Segment focus
11.10 Smurfit Kappa Group Plc
Exhibit 96: Smurfit Kappa Group Plc - Overview
Exhibit 97: Smurfit Kappa Group Plc - Business segments
Exhibit 98: Smurfit Kappa Group Plc - Key news
Exhibit 99: Smurfit Kappa Group Plc - Key offerings
Exhibit 100: Smurfit Kappa Group Plc - Segment focus
11.11 Sonoco Products Co.
Exhibit 101: Sonoco Products Co. - Overview
Exhibit 102: Sonoco Products Co. - Business segments
Exhibit 103: Sonoco Products Co. - Key news
Exhibit 104: Sonoco Products Co. - Key offerings
Exhibit 105: Sonoco Products Co. - Segment focus
11.12 WestRock Co.
Exhibit 106: WestRock Co. - Overview
Exhibit 107: WestRock Co. - Business segments
Exhibit 108: WestRock Co. - Key news
Exhibit 109: WestRock Co. - Key offerings
Exhibit 110: WestRock Co. - Segment focus
12. Appendix
12.1 Scope of the report
12.1.1 Market definition
12.1.2 Objectives
12.1.3 Notes and caveats
12.2 Currency conversion rates for US$
Exhibit 111: Currency conversion rates for US$
12.3 Research Methodology
Exhibit 112: Research Methodology
Exhibit 113: Validation techniques employed for market sizing
Exhibit 114: Information sources
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