Packaging Market 2025-2029
The packaging market is forecasted to grow by USD 297.6 bn during 2024-2029, accelerating at a CAGR of 4.6% during the forecast period. The report on the packaging market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growth of food delivery and takeaway services, rise in need for innovative packaging, and increase in demand for digitally printed packaging.
Technavio's packaging market is segmented as below:
By Type
- Board
- Rigid plastic
- Flexible
- Metal
- Glass
By End-user
- Food
- Beverage
- Healthcare
- Personal care
- Others
By Geographical Landscape
- APAC
- North America
- Europe
- Middle East and Africa
- South America
This study identifies the market strategies adopted by vendors as one of the prime reasons driving the packaging market growth during the next few years. Also, emergence of tamper-proof packaging and rise in adoption of reusable packaging will lead to sizable demand in the market.
The report on the packaging market covers the following areas:
- Packaging Market sizing
- Packaging Market forecast
- Packaging Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading packaging market vendors that include Amcor Plc, Ball Corp., Berry Global Inc., Constantia Flexibles Group GmbH, Crown Holdings Inc., Gerresheimer AG, Huhtamaki Oyj, International Paper Co., Mondi Plc, Oji Holdings Corp., Pregis LLC, Sealed Air Corp., Smurfit Kappa Group, Sonoco Products Co., Stora Enso Oyj, Tetra Laval SA, UPM Kymmene Corp., WestRock Co., and Winpak Ltd.. Also, the packaging market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.