Global Consumer Packaging Market by material (Rigid Plastic, Paper and Paperboard, Glass, and Flexible Plastic), by end-use industry (Food & Beverages, Healthcare, Cosmetics & Personal Care, and Others), and by region (North America, Europe, Asia Pacific, Middle East & Africa, and South America)” Global Consumer Packaging Market was valued at US$ XX Mn in 2019 and is expected to reach US$ XX Mn by 2027, at a CAGR of XX % during a forecast period.
Expanding food & beverages and cosmetic & personal care industry across the globe, which is boosting the global consumer packaging market growth in a positive way. Increasing demand for eco-friendly products among consumers is surging the global consumer packaging market growth globally.
Global consumer packaging market is driven by the increasing consumption of packaged food products across the globe. In addition, the rise in globalization and industrialization around the globe is also fueling the market growth. However, fluctuations in raw material price which is expected to act as a restraint to the market during the forecast period.
The food & beverages segment is leading the Consumer Packaging Market.
The food & beverages industry is expected to hold the largest share in the Market during the forecast period owing to rising demand from this industry across the globe. In addition, the rise in population, rapid urbanization, and increasing demand for food across the globe, which is boosting the global Consumer Packaging Market growth in a positive way.
The paper and paperboard segment are leading the Consumer Packaging Market.
The paper and paperboard are expected to hold the largest share in the market during the forecast period owing to rising demand for biodegradable packaging solutions among consumers across the globe. However, rigid plastics segment is also expected to generate the highest CAGR in the market in the near future owing to they are affordability and huge flexibility.
The Asia Pacific is the leading regional market for Consumer Packaging Market.
The Asia Pacific is estimated to hold the largest share in the market during the forecast period owing to rising industrialization and rapid urbanization coupled with increased population in this region. Moreover, growing living standards of consumers coupled with increasing disposable incomes in this region, which is boosting the market growth. North America is estimated to generate the highest CAGR in the market during the forecast period due to developed economy and presence of the large consumer base in this region.
This report includes a study of marketing and development strategies, along with the product portfolios of leading companies. It includes the profiles of leading manufacturers such as are Evergreen Packaging, General Packaging Products, Fusion Packaging Solutions, Exopack Holding, Huhtamaki OYJ, Mondi Group, Polyoak Packaging Group, Owens-Illinois, Air Packaging Technologies, Tetra Pak, Becton, Dickinson & Company, Crown Holdings, Rexam, Amcor, Blue Ridge Paper Products, Clondalkin Group Holdings, Klockner Pentaplast Group, Polytainers, Pechiney Plastic Packaging, Sonoco Products, Reynolds Group Holding, Tetra Laval international, Toyo Seikan Group Holdings, and SF Holdings Group.
Maximize Market Research, a global market research firm with dedicated team of specialists and data has carried out extensive research about the Consumer Packaging Market. The report encompasses the market by different segments and region, providing an in-depth analysis of the overall industry ecosystem, useful for taking an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the Consumer Packaging Market. The driving forces, as well as considerable restraints, have been explained in depth. In addition to this, competitive landscape describing the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain Consumer Packaging Market positioning of competitors.
Browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on” Global Consumer Packaging Market”.
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