NEW YORK, Oct. 31, 2023 /PRNewswire/ — The container and packaging market size is expected to grow by USD 591.62 billion from 2023 to 2028. In addition, the growth momentum of the market will be progressing at a CAGR of 8.55% during the forecast period, according to Technavio. The growth of e-commerce is notably driving the container and packaging market. However, factors such as the rising cost of raw materials may impede market growth. The market is segmented by product type (Paperboard, Rigid plastic, Metal, Glass, and Others), end-user (Food and beverage, Healthcare, Industrial, Personal care, and Others), and geography (APAC, North America, Europe, Middle East and Africa, and South America). The report offers an up-to-date analysis of the market, and to know the exact growth variance and the Y-O-Y growth rate, Request a Sample Report.
Technavio has announced its latest market research report titled Global Container and Packaging Market 2024-2028
We provide a detailed analysis of 20 companies operating in the container and packaging market including Ace Packaging, Amcor Plc, Berry Global Inc., BWAY Corp., Container and Packaging Supply Inc., DS Smith Plc, Greif Inc., Hoover Circular Solutions, International Paper Co., Mold Tek Packaging Ltd., Mondi Plc, MY Flexitank Industries Sdn Bhd, Qingdao LAF Packaging Co. Ltd., Jiangsu Rongtai Glass Products Co. Ltd., Sealed Air Corp., Teijin Ltd., The Packaging Co., WestRock Co., Winpak Ltd., and Buscherhoff Packaging Solutions GmbH.
Container And Packaging Market 2024-2028: Company Analysis
Amcor Plc – The company offers container and packaging solutions for food, beverage, healthcare, home, and personal care products.
This report provides a full list of key companies, their strategies, and the latest developments. Buy Now for detailed company information
Container And Packaging Market 2024-2028: Segmentation
Product Type
The paperboard segment is estimated to witness significant growth during the forecast period. The paperboard segment within the global container and packaging market pertains to the utilization of paperboard materials for diverse packaging purposes. Paperboard, a robust, lightweight, and versatile material derived from thick paper, is ideally suited for packaging a wide array of products. The Asia-Pacific region is poised to dominate the paperboard packaging sector due to the swift growth of the e-commerce industry and increasing consumer spending on packaged goods.
Geography
APAC is estimated to account for 44% of the global market growth during the forecast period. APAC is a significant region in the container and packaging market. In terms of the consumption and production of containers and packaging, it is one of the largest and fastest-growing regions.
Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View a PDF Sample Report
Related Reports:
The paper and paperboard container and packaging market size is estimated to grow at a CAGR of 4.39% between 2023 and 2027.
The Paper and Paperboard Container and Packaging Market size in APAC is estimated to grow at a CAGR of 4.25% between 2022 and 2027.
|
Container And Packaging Market Scope |
|
|
Report Coverage |
Details |
|
Base year |
2023 |
|
Historic period |
2018-2022 |
|
Forecast period |
2024-2028 |
|
Growth momentum & CAGR |
Accelerate at a CAGR of 8.55% |
|
Market Growth 2024-2028 |
USD 591.62 billion |
|
Market structure |
Fragmented |
|
YoY growth 2022-2023 (%) |
7.51 |
|
Regional analysis |
APAC, North America, Europe, Middle East and Africa, and South America |
|
Performing market contribution |
APAC at 44% |
|
Key countries |
US, Canada, China, India, and UK |
|
Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
|
Key companies profiled |
Ace Packaging, Amcor Plc, Berry Global Inc., BWAY Corp., Container and Packaging Supply Inc., DS Smith Plc, Greif Inc., Hoover Circular Solutions, International Paper Co., Mold Tek Packaging Ltd., Mondi Plc, MY Flexitank Industries Sdn Bhd, Qingdao LAF Packaging Co. Ltd., Jiangsu Rongtai Glass Products Co. Ltd., Sealed Air Corp., Teijin Ltd., The Packaging Co., WestRock Co., Winpak Ltd., and Buscherhoff Packaging Solutions GmbH |
|
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period. |
|
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
ToC:
Executive Summary
Market Landscape
Market Sizing
Historic Market Sizes
Five Forces Analysis
Market Segmentation by Product Type
Market Segmentation by End-user
Market Segmentation by Geography
Customer Landscape
Geographic Landscape
Drivers, Challenges, & Trends
Company Landscape
Company Analysis
Appendix
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com
SOURCE Technavio