Packaging Market size was valued at USD 94.7 Bn. in 2023 and the total packaging revenue is expected to grow at a CAGR of 3.5% from 2024 to 2030, reaching nearly USD 120.48 Bn.
Packaging Market Overview
Stellar Market Research, an Packaging business research firm has published a report on the “Packaging Market”. As per the “Packaging report,” the total market for Packaging Market was USD 94.7 Billion in 2023 and is expected to reach USD 120.48 Billion by 2030.
Packaging Market Report Scope and Research Methodology
The report on the Market covers an in-depth analysis of the industry. Key insights of the report include the Packaging Market size and the growth rate. The report also helps to rectify and resolve issues related to the market situation. The study discusses the Packaging market's Drivers, Restraints, Opportunities, and Challenges.
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Data was gathered from a variety of secondary sources, including annual reports, investor presentations, SEC filings, and other business periodicals. Such an analysis provides valuable information on market penetration, regional dominance and growth strategies adopted by the key players in the market.
Packaging Market Regional Insights
The report includes a thorough analysis of all the factors, market size, growth rate, and import and export in regions. The Regional Analysis used in the report to understand the Packaging market status in various countries. The Packaging market is broadly segmented into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
Packaging Market Segmentation
By Material
Paper and Paperboard
Rigid Plastics
Flexible
Metal
Glass
Others
By Function
Cushioning
Blocking and Bracing
Void-fill
Insulation
Wrapping
Others
By Application
Food
Beverage
Healthcare
Cosmetics
Industrial
Others
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Packaging Market Key Players
North America
International Paper Company (Memphis, Tennessee, USA)
Sealed Air Corporation (Charlotte, North Carolina, USA)
WestRock Company (Atlanta, Georgia, USA)
Ball Corporation (Broomfield, Colorado, USA)
Crown Holdings, Inc. (Philadelphia, Pennsylvania, USA)
Packaging Corporation of America (Lake Forest, Illinois, USA)
Sonoco Products Company (Hartsville, South Carolina, USA)
Berry Global Group, Inc. (Evansville, Indiana, USA)
Graphic Packaging Holding Company (Atlanta, Georgia, USA)
Bemis Company, Inc. (Neenah, Wisconsin, USA)
AptarGroup, Inc. (Crystal Lake, Illinois, USA)
Europe:
Amcor plc (Zurich, Switzerland)
Tetra Pak (Pully, Switzerland)
Mondi plc (Vienna, Austria)
DS Smith plc (London, United Kingdom)
Smurfit Kappa Group plc (Dublin, Ireland)
Huhtamäki Oyj (Espoo, Finland)
Ardagh Group (Luxembg City, Luxembg)
RPC Group (Rushden, United Kingdom)
Asia Pacific
Rengo Co., Ltd. (Osaka, Japan)
Oji Holdings Corporation (Tokyo, Japan)
Orora Limited (Victoria, Australia)
Visy Industries (Victoria, Australia)
Nippon Paper Industries Co., Ltd. (Tokyo, Japan)
Key questions answered in the Packaging Market are:
- What is Packaging?
- What was the Packaging market size in 2023?
- What is the growth rate of the Packaging Market?
- Which are the factors expected to drive the Packaging market growth?
- What are the different segments of the Packaging Market?
- What growth strategies are the players considering to increase their presence in Packaging?
- What are the upcoming industry applications and trends for the Packaging Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Packaging Market?
- What segments are covered in the Packaging Market?
- Who are the leading companies and what are their portfolios in Packaging Market?
- What segments are covered in the Packaging Market?
- Who are the key players in the Packaging market?
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Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size Forecast by Different Segment | 2024-2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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About Stellar Market Research:
Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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