NEW YORK, Aug. 4, 2022 /PRNewswire/ — The Packaging Market by End-user (food, beverage, healthcare, personal care, and others), Type (board, rigid plastic, flexible, metal, and glass), and Geography (APAC, North America, Europe, MEA, and South America) – Forecast and Analysis 2021-2025″ report has been added to Technavio’s offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years. The packaging market share is expected to increase by USD 170.61 billion from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 3.59%. Also, the market recorded a 3.42% Y-O-Y growth rate in 2021.
Technavio has announced its latest market research report titled Packaging Market by End-user, Type, and Geography – Forecast and Analysis 2021-2025
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Packaging Market – Key Market Dynamics
Market Driver – The key factor driving the packaging market growth is the growth of the food delivery and takeaway market. The global food delivery and takeaway market is growing at a significant pace, driven by a rise in urbanization, the busy and hectic lifestyle of consumers, a surge in mobile phone penetration, and an increase in the adoption of m-commerce. There is a significant rise in online food ordering, owing to an increase in online platforms. Currently, as most people around the globe are habituated to the use of the Internet and mobile applications, many people prefer to order food through mobile applications and online portals. It is also more convenient and cheaper because of better deals/discounts. Many restaurants have become accessible owing to the availability of online services, and restaurants provide food offered through online services at competitive prices. The major players in the global online food delivery market include Delivery Hero, Domino’s, Just Eat, and Foodler. therefore, with the growth of the global food delivery and takeaway market, the simultaneous growth of the global packaging market is anticipated.
Market Challenges – High manufacturing cost for packaging is one of the key challenges hindering the packaging market growth. One of the major raw materials used in the manufacturing of packaging is paper pulp. It is widely used for producing corrugated boxes, cardboard boxes, folding cartons, and paper bags, among other packaging. There have been continuous fluctuations in the prices of paper pulp. For instance, the Producer Price Index for pulp, paper, and allied products rose from 169.7 in March 2017 to 217.1 in June 2018. Furthermore, there has been an increase in the price of paper owing to a surge in the cost of transportation. Rising fuel prices in many countries have been adding to the burden of transportation costs for paper. Similarly, changes in prices of other raw materials like plastic also affect the overall cost of market players. Raw material suppliers are forced to pass on these costs to end-users by raising the prices. The resultant increase in prices negatively affects market growth.
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Packaging Market – Segmentation Analysis
The packaging market report is segmented by End-user (food, beverage, healthcare, personal care, and others), Type (board, rigid plastic, flexible, metal, and glass), and Geography (APAC, North America, Europe, MEA, and South America).
Revenue Generating Segment – The packaging market share growth by food will be significant for the revenue generating segment. The potential growth in packaged food sales is generating the demand for packaging globally.
Regional Highlights – 41% of the market’s growth will originate from APAC during the forecast period. China and India are the key markets for the packaging markets in APAC. Market growth in this region will be faster than the growth of the market in regions.
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Packaging Market – Vendor Analysis
The packaging market is fragmented and the vendors are adopting organic and inorganic growth strategies to compete in the market.
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.
WestRock Co.
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The competitive scenario provided in the Packaging Market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc. Don’t wait, Make a strategic approach & boost your business goals with our Packaging Market Forecast Report – Buy Now!
Related Reports:
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Packaging Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 3.59% |
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Market growth 2021-2025 |
USD 170.61 billion |
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Market structure |
Fragmented |
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YoY growth (%) |
3.42 |
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Regional analysis |
APAC, North America, Europe, MEA, South America, APAC, North America, Europe, MEA, and South America |
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Performing market contribution |
APAC at 41% |
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Key consumer countries |
US, China, UK, India, and Canada |
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Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
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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. |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, and market condition analysis for the forecast period. |
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Customization purview |
If our report has not included the data you are looking for, you can reach out to our analysts and get customized segments. |
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Key Topics Covered:
1 Executive Summary
2 Market Landscape
2.1 Market ecosystem
Exhibit 01: Parent market
Exhibit 02: Market characteristics
2.2 Impact of COVID-19 on the industrials sector
2.3 Value chain analysis
Exhibit 03: Value chain analysis: Containers & packaging market
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
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
Exhibit 09: Bargaining power of buyers
4.3 Bargaining power of suppliers
Exhibit 10: Bargaining power of suppliers
4.4 Threat of new entrants
Exhibit 11: Threat of new entrants
4.5 Threat of substitutes
Exhibit 12: Threat of substitutes
4.6 Threat of rivalry
Exhibit 13: Threat of rivalry
4.7 Market condition
Exhibit 14: Market condition – Five forces 2020
5 Market Segmentation by End-user
5.1 Market segments
5.2 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
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
8 Geographic Landscape
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
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
9.2 Market challenges
Exhibit 56: Impact of drivers and challenges
9.3 Market trends
10 Vendor Landscape
10.1 Overview
10.2 Vendor landscape
Exhibit 57: Vendor landscape
10.3 Landscape disruption
Exhibit 58: Landscape disruption
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
12.2 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
12.4 List of abbreviations
Exhibit 115: List of abbreviations
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