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
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| Regions covered | North America, Asia-Pacific, Latin America, Middle East & Africa and Europe
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| 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.
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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:
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By Material: |
Paper and Paperboard
Rigid Plastics
Metals
Flexible Plastics
Glass
Wood
Textiles
Wax
|
|
By Product: |
Containers and Jars
Bags
Pouches and Wraps
Closures and Lids
Boxes and Crates
Drums and IBCs
Others
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|
By Packaging Technique: |
Primary Packaging
Secondary Packaging
Tertiary Packaging
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|
By End User Industries: |
Food and Beverages
Healthcare
Cosmetics
Household Products
Chemicals
Electrical and Electronics
Others
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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 report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Packaging Materials Market.
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Packaging Materials Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. 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, 2020-2026
7.2. Global Packaging Materials Market Size, Share and Forecast, By Material, 2027-2033
7.3. Paper and Paperboard
7.4. Rigid Plastics
7.5. Metals
7.6. Flexible Plastics
7.7. Glass
7.8. Wood
7.9. Textiles
7.10. Wax
7.11. Leather
8. Global Packaging Materials Market, By Product (USD Million) 2020-2033
8.1. Global Packaging Materials Market Size, Share and Forecast, By Product, 2020-2026
8.2. Global Packaging Materials Market Size, Share and Forecast, By Product, 2027-2033
8.3. Containers and Jars
8.4. Bags
8.5. Pouches and Wraps
8.6. Closures and Lids
8.7. Boxes and Crates
8.8. Drums and IBCs
8.9. 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, 2020-2026
9.2. Global Packaging Materials Market Size, Share and Forecast, By Packaging Technique, 2027-2033
9.3. Primary Packaging
9.4. Secondary Packaging
9.5. 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 Beverages
10.4. Healthcare
10.5. Cosmetics
10.6. Household Products
10.7. Chemicals
10.8. Electrical and Electronics
10.9. 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-Pacific
12.3.1. Australia
12.3.2. China
12.3.3. India
12.3.4. Japan
12.3.5. South Korea
12.3.6. Rest of Asia-Pacific
12.4. Europe
12.4.1. France
12.4.2. Germany
12.4.3. Italy
12.4.4. Spain
12.4.5. United Kingdom
12.4.6. Rest of Europe
12.5. Middle East and Africa12.5.1. Kingdom of Saudi Arabia
12.5.2. United Arab Emirates
12.5.3. Qatar
12.5.4. South Africa
12.5.5. Egypt
12.5.6. Morocco
12.5.7. Nigeria
12.5.8. Rest of Middle-East and Africa
12.6. North America
12.6.1. Canada
12.6.2. Mexico
12.6.3. United States
12.7. Latin America
12.7.1. Argentina
12.7.2. Brazil
12.7.3. Rest of Latin America
13. Company Profile
13.1. Amcor plc.
13.1.1. Company details
13.1.2. Financial outlook
13.1.3. Product summary
13.1.4. Recent developments
13.2. Alcoa Corporation
13.2.1. Company details
13.2.2. Financial outlook
13.2.3. Product summary
13.2.4. Recent developments
13.3. AVERY DENNISON CORPORATION
13.3.1. Company details
13.3.2. Financial outlook
13.3.3. Product summary
13.3.4. Recent developments
13.4. Amerplast
13.4.1. Company details
13.4.2. Financial outlook
13.4.3. Product summary
13.4.4. Recent developments
13.5. Bemis Manufacturing Company
13.5.1. Company details
13.5.2. Financial outlook
13.5.3. Product summary
13.5.4. Recent developments
13.6. CKS Packaging
13.6.1. Company details
13.6.2. Financial outlook
13.6.3. Product summary
13.6.4. Recent developments
13.7. Graham Packaging Company
13.7.1. Company details
13.7.2. Financial outlook
13.7.3. Product summary
13.7.4. Recent developments
13.8. InMat Inc
13.8.1. Company details
13.8.2. Financial outlook
13.8.3. Product summary
13.8.4. Recent developments
13.9. Mondi
13.9.1. Company details
13.9.2. Financial outlook
13.9.3. Product summary
13.9.4. Recent developments
13.10. Oliver Packaging & Equipment
13.10.1. Company details
13.10.2. Financial outlook
13.10.3. Product summary
13.10.4. Recent developments
13.11. Others
14. Conclusion
15. List of Abbreviations
16. Reference Links