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, a renowned business research firm, has released a comprehensive report on the “Packaging Market”. According to the report, the market for Packaging was valued at USD 94.7 Billion in 2023 and is projected to grow to USD 120.48 Billion by 2030.

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Market Report Scope and Research Methodology

This report provides an in-depth understanding of the dynamics and structure of the Packaging Market by analyzing market segments and forecasting the market size. Both primary and secondary research methods were utilized to gather data, including market surveys, evaluations, and projections. The initial phase of the research focused on identifying the key parameters to guide the study.

The research encompasses a variety of factors such as regulatory frameworks, government initiatives, and market maturity in different regions. It delivers insights into regional disparities and identifies growth opportunities and potential challenges specific to each market. Primary data sources include interviews with industry experts, while secondary sources consist of market reports. The analysis combines quantitative tools and qualitative insights to examine market size, trends, growth drivers, and competition.

Packaging Market Regional Insights

The report offers a detailed analysis of the market across different regions, covering factors such as market size, growth rates, and import-export activities. A regional analysis is included to assess the status of the Packaging market in various countries. The market is segmented into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.

Packaging Market Segmentation

The report covers various segments within the Packaging Market and provides detailed insights into each segment's performance and growth trajectory. The segmentation helps to understand the specific trends, opportunities, and challenges in different sub-sectors of the market.

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

To explore further details about this research, please go to: https://www.stellarmr.com/report/Packaging-Market/1869

Packaging Key Players in the Market

The report outlines the leading companies operating in the Packaging Market, along with their business strategies, competitive positioning, and product portfolios.

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 Report

What is the Packaging Market?
What was the market size of Packaging in 2023?
What is the projected growth rate for the Packaging Market?
What are the factors expected to drive market growth?
What are the different market segments, and how do they perform?
What growth strategies are market players employing to expand their presence?
What upcoming industry trends and applications will impact the Packaging Market?
How can companies leverage industry trends to generate additional revenue streams?
Who are the leading players in the market and what do their portfolios look like?
What are the market segments and key players within each segment?
Key Offerings

Historical Market Size and Competitive Landscape (2018-2022)
Price Trends and Pricing Curve by Region (2018-2022)
Market Size, Share, and Forecast by Segment (2024-2030)
Market Dynamics – Drivers, Restraints, Opportunities, and Key Trends by Region
Detailed Market Segmentation and Sub-segment Analysis by Region
Competitive Landscape – Profiles of Key Market Players by Region
Competitive Benchmarking of Key Players
PESTLE Analysis
Porter’s Five Forces Analysis
Value Chain and Supply Chain Analysis
Regional Legal Aspects of Business
Lucrative Business Opportunities with SWOT Analysis
Strategic Recommendations
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About Stellar Market Research

Stellar Market Research is a multidisciplinary market research and consulting firm with expertise across various industries. Some of the sectors we cover include medical devices, pharmaceuticals, electronics, industrial equipment, automotive, chemicals, consumer goods, technology, and many more. We provide market-verified industry forecasts, technical trend analysis, competition insights, production-demand analysis, strategic advice, and impact studies.

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