Authored By: Sarah
08 Nov 2021

Packaging Market Growth Analysis | Trends, Drivers and Vendor Forecasts for 2021-2025
Recovery and Growth Insights for 2021-2025

Accelerating at a CAGR of almost 4%, the packaging market is expected to grow by post an incremental growth of $ 170.61 bn over the next five years. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers to provide growth projections and insights. This analytical examination of the market will enable businesses to plan and set the path for future growth prospects.


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Packaging Market: Market Segments and Key Trends

This report provides a detailed analysis of the 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). 41% of the market growth will originate from APAC during the forecast period. This research report provides a detailed analysis of all the segments, key trends, and challenges that are likely to influence growth.

Packaging Market: What are the Growth Drivers?

One of the primary factors that will drive market growth is the growth of food delivery and takeaway market. The packaging market report provides an understanding of this and all the other drivers that are likely to impact market growth. These insights will enable clients to design growth strategies that will leverage opportunities and neutralize challenges effectively.

Packaging Market Growth Analysis | Trends, Drivers and Vendor Forecasts for 2021-2025

Vendor Analysis: Amcor Plc, Ball Corp. and Berry Global Group Inc. are key growth contributors

The market is fragmented. The research report provides insights into the top market player and their product portfolio along with pipeline analysis of upcoming developments and growth opportunities. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. 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. are some of the major market participants.

For more insights on this market: Download a Free Sample Report

Packaging Market: Key Highlights of the Report for 2021-2025

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive packaging market growth during the next five years
  • Precise estimation of the packaging market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the packaging market industry across APAC, North America, Europe, MEA, and South America
  • A thorough 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

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is accelerate at a CAGR of almost 4%.

     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 170.61 bn through 2021-2025.

     
  3. What is a key factor driving this market?
    Growth of food delivery and takeaway market will drive market growth over the forecast period.

     
  4. What are the key regions covered in this market research report?
    APAC, North America, Europe, MEA, and South America are the key regions featured in this research report.

     
  5. Which is the leading geographic region for this market:
    41% growth will originate from APAC

     
  6. Who are the leading market vendors?
    The leading vendors in this market are 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.

     
  7. What are the market segments covered in this report?
    The market 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)

Packaging Market: Key Geographies that will Drive Growth

Geographical Segmentation and Growth Analysis

The packaging market will grow by $ 170.61 bn, fragmented at a CAGR of almost 4% over the next five years. Our research report provides a detailed analysis of the market with insights on trends, drivers, and challenges that are likely to impact market growth. It also provides a competitive analysis of the key market players and their product portfolios.


For a glimpse into our research analysis and insights: Request for our Free Sample Report


Packaging Market: APAC to lead market growth during the forecast period

  • APAC emerged as the leading geographical segment in recent years and is expected to contribute 41% of the market growth during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the packaging market size.
  • One of the key drivers that is likely to drive market growth is the growth of food delivery and takeaway market. This report provides a detailed analysis of all the trends that are likely to influence the growth of individual segments within the market as well as the overall market.  These insights will equip clients with all the information they need to plan COVID-19 recovery and growth strategies.
  • The packaging market 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). Each segment and sub-segment is analyzed at depth to derive market insights and forecast growth projections.

Packaging Market Growth Analysis | Trends, Drivers and Vendor Forecasts for 2021-2025

Packaging Market: Key Competitors

The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. 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. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

For more insights on this market: Download a Free Sample Report

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is accelerate at a CAGR of almost 4%.
     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 170.61 bn through 2021-2025.
     
  3. What is a key factor driving this market?
    Growth of food delivery and takeaway market will drive market growth over the forecast period.
     
  4. What are the key regions covered in this market research report?
    APAC, North America, Europe, MEA, and South America are the key regions featured in this research report.
     
  5. Which is the leading geographic region for this market:
    41% growth will originate from APAC
     
  6. Who are the leading market vendors?
    The leading vendors in this market are 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.
     
  7. What are the market segments covered in this report?
    The market 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).

Market Segmentation by End-user

    • Packaging Market Split by End-user
      • Food
      • Beverage
      • Healthcare
      • Personal care
      • Others
    • Packaging Market Split by Type
      • Board
      • Rigid plastic
      • Flexible
      • Metal
      • Glass
    • Packaging Market Split by Geography
      • APAC
      • North America
      • Europe
      • MEA
      • South America

Customer landscape

  • Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2020-2025
  • MEA - Market size and forecast 2020-2025
  • Europe - Market size and forecast 2020-2025
  • North America - Market size and forecast 2020-2025
  • South America - Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Competitive scenario
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • 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.

Packaging Market Size to Grow by $ 170.61 bn through 2021-2025

The packaging market is expected to grow by $ 170.61 bn, accelerating at a CAGR of almost 4% during the forecast period. Technavio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact the market in focus.


Packaging Market: Receive Free Sample Report


Packaging Market: Segmentation by End-user

This report provides a detailed analysis of the 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). This research report will provide insights into the current market share of each segment along with growth projections for the next five years. In addition, the report also offers a detailed impact analysis of various trends, drivers, and challenges which are likely to influence market growth during the forecast period. These insights are expected to equip clients with reliable information based upon which they can design a growth strategy for their business and area of operations.

Packaging Market Growth Analysis | Trends, Drivers and Vendor Forecasts for 2021-2025

Packaging Market: Vendor Analysis

The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. 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. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

For more insights into this market: Download a Free Sample Report. Our custom reports provide market insights at the global and regional level along with a pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.

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