Packaging Materials Market Growth, Size, Trends, Demand, Share, Revenue and Future Outlook
Packaging Materials Market Size- By Material, By Product, By Packaging Technique, By End User Industries- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: May-2024 | Report ID: PACK2410 | Pages: 1 - 228 | Formats*: |
| Category : Packaging | |||
Packaging Materials Market Introduction and Overview
According to SPER Market Research, the Global Packaging Materials Market is estimated to reach USD 1608.86 billion by 2033 with a CAGR of 3.8%.
The report includes an in-depth analysis of the Global Packaging Materials Market, including market size and trends, product mix, Applications, and supplier analysis. Materials used for packaging aid in the distribution, marketing, preservation, and security of goods. The packaging used for these products is essential to ensuring that they are delivered to customers in a safe, appropriate manner without sacrificing quality. Due to their effectiveness and widespread usage, rigid packaging materials are composed of glass, plastic, and metal. Materials used in packaging include wood, paper and board, metal, ceramics, glass, printing inks, and wax. Depending on the product's supply and demand, raw material costs can change. Growing health consciousness has led to a preference for packaging materials that improve lifestyle and prevent health problems.
- In August 2023: As part of its AmFiber portfolio, curbside recyclable AmFiber Performance Paper packaging will be introduced in North America, according to Amcor plc, a global leader in the development and production of sustainable packaging solutions. Performance paper, prequalified by How2Recycle, satisfies curbside recycling requirements for repulpability, enabling manufacturers to provide consumers packaging with more sustainable end-of-life options.
- In May 2023: The Portland Aluminium joint venture, which Alcoa manages in Victoria, Australia, was acknowledged by the Aluminium Stewardship Initiative for its environmental, social, and governance (ESG) performance, according to an announcement from Alcoa Corporation.
Market Opportunities and Challenges
Supporting the market expansion for packaging materials is the growing application of eco-friendly packaging materials in the food sector. Due to growing consumer and governmental concern over packaging materials' effects on the environment, it is projected that the market for packaging materials would expand. This has increased consumer demand for environmentally friendly and sustainable packaging options, like recyclable materials, biodegradable polymers, and less packaging waste. Scientific advancements in materials science and production technology have led to breakthroughs in packaging materials. Smart packaging is becoming more popular with technologies like RFID tags, near-field communication (NFC), and QR codes for product tracking and tracing.
Certain packaging materials, particularly single-use plastics, are now restricted due to growing environmental consciousness. Plastic packaging is now regulated in many areas by tariffs or restrictions, which may have a detrimental effect on businesses who use these materials. This report on the global packaging materials market includes information on recent developments, trade laws, import-export policies, production analysis, value chain optimization, market share, the effects of local and domestic players, and opportunities for revenue growth. It also looks at regulatory changes, market size, category market expansions, application dominance and niches, product approvals, product launches, market expansions geographically, and technological advancements in the industry.
Market Competitive Landscape
There are a few significant businesses in the competitive and fragmented Global Packaging materials market. Key players are Amcor plc, Alcoa Corporation, AVERY DENNISON CORPORATION, Amerplast, Bemis Manufacturing Company, CKS Packaging, Inc, Graham Packaging Company, InMat Inc, Mondi, Oliver Packaging & Equipment Company are a few of the top companies in the sector.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Material, By Product, By Packaging Technique, By End User Industries |
| Regions covered | North America, Asia-Pacific, Latin America, Middle East & Africa and Europe |
| Companies Covered | Amcor plc, Alcoa Corporation, AVERY DENNISON CORPORATION, Amerplast, Bemis Manufacturing Company, CKS Packaging, Inc, Graham Packaging Company, InMat Inc, Mondi, Oliver Packaging & Equipment. |
COVID-19 Impact on Global Packaging Materials Market:
The market for packaging materials saw notable effects from the Covid-19 outbreak. The pandemic has raised consumer demand for packaging materials, especially for goods like medical supplies, disinfectants, and personal protective equipment (PPE). Paper-based products and plastics are among the packaging materials that are in short supply because of this. Increased use of home delivery services and internet shopping is another effect of the pandemic on consumer behaviour. Packaging supplies for online sales, like boxes, tape, and protective materials, are in higher demand as a result.
Key Target Audience:
- Consumers
- Distributors
- E-commerce businesses
- Environmental organizations
- Investors
- Manufacturers
- Policymakers
- Retailers
- Suppliers
Our in-depth analysis of the Packaging Materials Market includes the following segments:
| By Material: |
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| By Product: |
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| By Packaging Technique: |
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| By End User Industries: |
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Key Topics Covered in the Report:
- Global Packaging Materials Market Size (FY’2024-FY’2033)
- Overview of Global Packaging Materials Market
- Segmentation of Global Packaging Materials Market By Material (Paper and Paperboard, Rigid Plastics, Metals, Flexible Plastics, Glass, Wood, Textiles, Wax, Leather, Others)
- Segmentation of Global Packaging Materials Market By Product (Containers and Jars, Bags, Pouches and Wraps, Closures and Lids, Boxes and Crates, Drums and IBCs, Others)
- Segmentation of Global Packaging Materials Market By Packaging Technique (Primary Packaging, Secondary Packaging, Tertiary Packaging)
- Segmentation of Global Packaging Materials Market By End User Industries (Food and Beverages, Healthcare, Cosmetics, Household Products, Chemicals, Electrical and Electronics, Others)
- Statistical Snap of Global Packaging Materials Market
- Expansion Analysis of Global Packaging Materials Market
- Problems and Obstacles in Global Packaging Materials Market
- Competitive Landscape in the Global Packaging Materials Market
- Impact of COVID-19 and Demonetization on Global Packaging Materials Market
- Details on Current Investment in Global Packaging Materials Market
- Competitive Analysis of Global Packaging Materials Market
- Prominent Players in the Global Packaging Materials Market
- SWOT Analysis of Global Packaging Materials Market
- Global Packaging Materials Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impacts of the Global Packaging Materials Market.
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Packaging Materials Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Packaging Materials Market
7. Global Packaging Materials Market, By Material (USD Million) 2020-2033
7.1. Global Packaging Materials Market Size, Share and Forecast, By Material, 2020-20267.2. Global Packaging Materials Market Size, Share and Forecast, By Material, 2027-20337.3. Paper and Paperboard7.4. Rigid Plastics7.5. Metals7.6. Flexible Plastics7.7. Glass7.8. Wood7.9. Textiles7.10. Wax7.11. Leather
8. Global Packaging Materials Market, By Product (USD Million) 2020-2033
8.1. Global Packaging Materials Market Size, Share and Forecast, By Product, 2020-20268.2. Global Packaging Materials Market Size, Share and Forecast, By Product, 2027-20338.3. Containers and Jars8.4. Bags8.5. Pouches and Wraps8.6. Closures and Lids8.7. Boxes and Crates8.8. Drums and IBCs8.9. Others
9. Global Packaging Materials Market, By Packaging Technique (USD Million) 2020-2033
9.1. Global Packaging Materials Market Size, Share and Forecast, By Packaging Technique, 2020-20269.2. Global Packaging Materials Market Size, Share and Forecast, By Packaging Technique, 2027-20339.3. Primary Packaging9.4. Secondary Packaging9.5. Tertiary Packaging
10. Global Packaging Materials Market, By End User Industries (USD Million) 2020-2033
10.1. Global Packaging Materials Market Size, Share and Forecast, By End User Industries,2020-2026.10.2. Global Packaging Materials Market Size, Share and Forecast, By End User Industries, 2027-2033.10.3. Food and Beverages10.4. Healthcare10.5. Cosmetics10.6. Household Products10.7. Chemicals10.8. Electrical and Electronics10.9. Others
11. Global Packaging Materials Market Forecast, 2020-2033 (USD Million)
11.1. Global Packaging Materials Market Size and Market Share
12. Global Packaging Materials Market, By Region, 2020-2033 (USD Million)
12.1. Global Packaging Materials Market Size and Market Share By Region (2020-2026)12.2. Global Packaging Materials Market Size and Market Share By Region (2027-2033)12.3. Asia-Pacific12.3.1. Australia12.3.2. China12.3.3. India12.3.4. Japan12.3.5. South Korea12.3.6. Rest of Asia-Pacific12.4. Europe12.4.1. France12.4.2. Germany12.4.3. Italy12.4.4. Spain12.4.5. United Kingdom12.5. Middle East and Africa12.4.6. Rest of Europe12.5.1. Kingdom of Saudi Arabia12.5.2. United Arab Emirates12.5.3. Qatar12.5.4. South Africa12.5.5. Egypt12.5.6. Morocco12.5.7. Nigeria12.5.8. Rest of Middle-East and Africa12.6. North America12.6.1. Canada12.6.2. Mexico12.6.3. United States12.7. Latin America12.7.1. Argentina12.7.2. Brazil12.7.3. Rest of Latin America
13. Company Profile
13.1. Amcor plc.13.1.1. Company details13.1.2. Financial outlook13.1.3. Product summary13.1.4. Recent developments13.2. Alcoa Corporation13.2.1. Company details13.2.2. Financial outlook13.2.3. Product summary13.2.4. Recent developments13.3. AVERY DENNISON CORPORATION13.3.1. Company details13.3.2. Financial outlook13.3.3. Product summary13.3.4. Recent developments13.4. Amerplast13.4.1. Company details13.4.2. Financial outlook13.4.3. Product summary13.4.4. Recent developments13.5. Bemis Manufacturing Company13.5.1. Company details13.5.2. Financial outlook13.5.3. Product summary13.5.4. Recent developments13.6. CKS Packaging13.6.1. Company details13.6.2. Financial outlook13.6.3. Product summary13.6.4. Recent developments13.7. Graham Packaging Company13.7.1. Company details13.7.2. Financial outlook13.7.3. Product summary13.7.4. Recent developments13.8. InMat Inc13.8.1. Company details13.8.2. Financial outlook13.8.3. Product summary13.8.4. Recent developments13.9. Mondi13.9.1. Company details13.9.2. Financial outlook13.9.3. Product summary13.9.4. Recent developments13.10. Oliver Packaging & Equipment13.10.1. Company details13.10.2. Financial outlook13.10.3. Product summary13.10.4. Recent developments13.11. Others
14. Conclusion
15. List of Abbreviations
16. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Packaging Materials Market size is 1608.86 billion from 2024 to 2033.
Packaging Materials Market Segment is covered By Material, By Product, By Packaging Technique, By End User Industries.
The North America anticipated to have the highest market share in the Packaging Materials Market.
"The key players in the market include Companies Covered Amcor plc, Alcoa Corporation, AVERY DENNISON CORPORATION, Amerplast, Bemis Manufacturing Company, CKS Packaging, Inc, Graham Packaging Company, InMat Inc, Mondi, Oliver Packaging & Equipment.
"
Depending on the product's supply and demand, raw material costs can change. Growing health consciousness has led to a preference for packaging materials that improve lifestyle and prevent health problems.
You can get the sample pages by clicking the link - Click Here
Packaging Materials Market is projected to reach USD 1608.86 billion by 2033, growing at a CAGR of 3.8% during the forecast period.
Packaging Materials Market size from 2022. The Market is expected to reach USD 1608.86 billion by 2033, at a CAGR of 3.8% during the forecast period.
Packaging Materials Market CAGR of 3.8% during the forecast period.
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