Custom Packaging Market size was valued at USD 5.8 Bn. in 2022 and the total Custom Packaging revenue is expected to grow by 4.6% from 2023 to 2029, reaching nearly USD 7.95 Bn.Custom Packaging Market Overview:-
Custom packaging is the kind of packaging that is designed specifically for your company and product. It is meant to fit the brand's product perfectly and aims to raise customer satisfaction and brand awareness. Key factors driving market revenue growth are rising demand for convenience packaging and innovation in packaging technologies. In addition, creating brand awareness, personalized experience for customers, and better customer engagements are other key factors expected to drive demand for custom packaging, and support market revenue growth. Product packaging is important for businesses as it not only allows them to differentiate their products and provide a better consumer experience, but it also protects the product within. Custom packaging refers to packaging that is designed expressly for business and the products one is producing and distributing. It is designed to exactly fit the product and safeguard it better than ordinary and generic packaging. Revenue growth of the global custom packaging market is significantly driven by the desire to create a positive and long-lasting impression of products on customers and retailers. Custom packaging is an excellent alternative for improved shipment protection if the product has a unique shape or is more likely to break. Better-Custom packaging, along with a wonderful product, may improve brand's value. Customers respond positively to well-made and designed packaging since it makes them feel joyful and special, which is expected to further boost revenue growth. The global custom packaging market growth is substantially hampered by several unfavorable factors, such as designing is time-and-effort consuming and high costs owing to increased processes and machining. Custom packaging may require additional packaging to protect the design, inks, and shapes. These factors are expected to restrain market growth to some extent. In addition, requirements for smooth handling and special shipping could further hamper market revenue growth.To know about the Research Methodology :- Request Free Sample Report
Custom Packaging Market Dynamics :
Custom Packaging Market Drivers:- Growth of the Custom Packaging Industry The growth of the Custom packaging industry Custom packaging is an excellent alternative for improved shipment protection if the product has a unique shape or is more likely to break. Good custom packaging helps to market a product and improve sales. About 60% of shoppers who walk into your store are likely to go for attractive custom packages containing your product. Better-Custom packaging, along with a wonderful product, may improve brand's value. As a result, the emotional connection created with a customer will be much stronger. Customers respond positively to well made and designed packaging since it makes them feel joyful and special, which is expected to further boost revenue growth. Custom Packaging Market Restraints:- Stringent Government Regulations Stringent regulations imposed for plastic packaging may pose a restraint, but to a lower extent, for the market. Compliance with regulations is necessary, as the smallest defect in packaging may contaminate the product and affect the manufacturer's profit. Packaging for food & beverage, personal care, and healthcare requires control over moisture, light barriers, and ease of transport. Regulatory bodies for plastic packaging include the Food and Drug Administration (FDA). the European directive 94/62/EC on packaging and packaging waste, and the US Environmental Protection Agency (EPA) Regulatory authorities ensure that the raw material used is biodegradable. The packaging industry is increasingly focusing on making packaging solutions more sustainable and cost-effective Uslag raw materials that are biodegradable costs higher than their non-biodegradable counterparts. Custom Packaging Market Opportunities:- Focused Towards the Growth of Sustainable Packaging Solutions The trend of sustainability has impacted the Custom packaging heavily. Sustainable packaging has been one of the fastest-growing trends in the packaging world. In fact, we expect the sustainable packaging market to grow at a compound annual growth rate (CAGR) of 6% through 2027. Many companies are now pledging to use 100% recycled packaging in the next few years.Custom Packaging Market Competitative Landscape:
In April 2021, Fantasta pack, a web-to-print bespoke packaging company based in the United States, has introduced a new range of corrugated insert boxes. According to the company, this is likely the first-time automated technology has been used to build unique insert packaging online. Fantasta pack claims it gives customers a competitive advantage by offering them access to innovative packaging solutions before the rest of the market by leveraging digital print and converting In November 2021, Packhelp raised $45.6 million in funding to grow its custom packaging business. Packhelp has scaled a business that helps even the smallest firms wrap their items in eye-catching custom packaging, while also claiming giants like H&M and Uber Eats among its customers, thanks to the surge in e-commerce and on-demand delivery.In August 2021, C-P Flexible Packaging, based in the United States, acquired Fruth Custom Packaging and its subsidiary, Clean room Film and Bag (CFB), for an unknown sum. The purchases will help C-P grow its West Coast footprint and packaging capabilities for medical devices, biopharmaceuticals, electronics, and semiconductors.Custom Packaging Market Segment Analysis:-
Based on Packaging Material:-Plastic films are made from a wide range of polymers and have the ability to be molded into the desired shapes when subjected to heat or pressure. Plastic films can be easily formed, are of high quality, cost-effective, and provide excellent barrier properties. Hence, they are preferred for Custom packaging Plastic films also offer down-gauging properties as they enable manufacturers to use minimum resources to manufacture a package.Based on the Application,the beverage segment is expected to dominate the other segments in terms of revenue share over the forecast period. The beverage business has a diverse range of varieties from water to wine, spirits to soda, and many more. Custom beverage packaging helps to improve brand awareness and sales with the high preference for beverages all across the world.
Based on the Packaging Material, the bottles segment is expected to account for largest revenue share over the forecast period. Custom bottles provide a visual symbol that may encompass brand and emphasize package design by using a distinctive form and incorporating logo into the bottle. Glass bottles can be sterilized and used again, but plastic bottles can be recycled, which improves sustainability, which is a key factor driving growth of this segment. Custom Packaging Market Region, Asia Pacific dominated the Custom Packaging Market during the forecast period 2023-2029. Rising investments in construction and infrastructure development plans. Various infrastructure development projects announced in North American countries, focused on enhancing economic growth, are projected to augment the demand for iron & steel in the region. Also, the automotive and engine industry in North America has been shifting in recent years with the development and implementation of electric vehicles and battery-powered trains. Electric cars become increasingly popular, and the demand for steel is set to increase further, producing opportunities for the North American automotive industry.
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Custom Packaging Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 5.8 Bn. Forecast Period 2023 to 2029 CAGR: 4.6% Market Size in 2029: US $ 7.95 Bn. Segments Covered: by Material Glass Paper and Paperboard Plastic Metal by Packaging Material Bottles Containers & Jars Bags & Pouches Boxes Glass Cartons Envelopes by Application Food Beverage Healthcare Cosmetic Personal & Homecare Others Custom Packaging Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Custom Packaging Market Key Players:-
1. Smurfit Kappa Group 2. Glenroy 3. ProAmpac 4. Arka 5. Owens Illinois 6. Packlane 7. Packola 8. Huhtamaki 9. PakFactory 10. SoOPAK Company 11. International Packaging 12. The Custom Boxes 13. Refine Packaging 14. The Mondi Group 15. Pakible 16. Salazar Packaging 17. Design Packaging 18. PrimeLine Packaging 19. Sticker Mule 20. Brand in Color 21. Fantastapack 22. Packwire 23. com FAQ 1] What segments are covered in the Global Custom Packaging Market report? Ans. The segments covered in the Market report Custom Packaging are based onMaterial, Application, Packaging Material,and Region. 2] Which region is expected to hold the highest share in the Global CustomPackaging Market? Ans. The Asia Pacific region is expected to hold the highest share of the Custom PackagingMarket. 3] What is the market size of the Global CustomPackaging Market by 2029? Ans. The market size of the CustomPackaging Market by 2029 is expected to reach US$ 7.95 Bn. 4] What is the forecast period for the Global CustomPackaging Market? Ans. The forecast period for the Custom Packaging Market is 2023-2029. 5] What was the market size of the Global Custom Packaging Market in 2022? Ans. The market size of the Custom Packaging Market in 2022 was valued at US$ 5.8 Bn.
Table of Contents: 1. Custom Packaging Market: Research Methodology 2. Custom Packaging Market: Executive Summary 3. Custom Packaging Market: Competitive Landscape 3.1. MMR Competition Matrix 3.2. Competitive Landscape 3.3. Key Players Benchmarking 3.4. Market Structure 3.4.1. Market Leaders 3.4.2. Market Followers 3.4.3. Emerging Players 3.5. Consolidation of the Market 4. CustomPackaging Market: Dynamics 4.1. Market Trends by Region 4.1.1. North America 4.1.2. Europe 4.1.3. Asia Pacific 4.1.4. Middle East and Africa 4.1.5. South America 4.2. Market Drivers by Region 4.2.1. North America 4.2.2. Europe 4.2.3. Asia Pacific 4.2.4. Middle East and Africa 4.2.5. South America 4.3. Market Restraints 4.4. Market Opportunities 4.5. Market Challenges 4.6. PORTER’s Five Forces Analysis 4.7. PESTLE Analysis 4.8. Value Chain Analysis 4.9. Regulatory Landscape by Region 4.9.1. North America 4.9.2. Europe 4.9.3. Asia Pacific 4.9.4. Middle East and Africa 4.9.5. South America 5. Custom Packaging Market Size and Forecast by Segments (by Value USD and Volume Units) 5.1. Custom Packaging Market Size and Forecast, by Material (2022-2029) 5.1.1. Glass 5.1.2. Paper and Paperboard 5.1.3. Plastic 5.1.4. Metal 5.2. CustomPackaging Market Size and Forecast, by Application (2022-2029) 5.2.1. Food 5.2.2. Beverage 5.2.3. Healthcare 5.2.4. Cosmetic 5.2.5. Personal & Homecare 5.2.6. Others 5.3. CustomPackaging Market Size and Forecast, by Packaging Material(2022-2029) 5.3.1. Bottles 5.3.2. Containers & Jars 5.3.3. Bags & Pouches 5.3.4. Corks 5.3.5. Glass 5.3.6. Cartons 5.3.7. Envelopes 5.3.8. Boxes 6. North America Custom Packaging Market Size and Forecast (by Value USD and Volume Units) 6.1. North America Custom Packaging Market Size and Forecast, by Material (2022-2029) 6.1.1. Glass 6.1.2. Paper and Paperboard 6.1.3. Plastic 6.1.4. Metal 6.2. North America CustomPackaging Market Size and Forecast, by Application (2022-2029) 6.2.1. Food 6.2.2. Beverage 6.2.3. Healthcare 6.2.4. Cosmetic 6.2.5. Personal & Homecare 6.2.6. Others 6.3. North America CustomPackaging Market Size and Forecast, byPackaging Material(2022-2029) 6.3.1. Bottles 6.3.2. Containers & Jars 6.3.3. Bags & Pouches 6.3.4. Corks 6.3.5. Glass 6.3.6. Cartons 6.3.7. Envelopes 6.3.8. Boxes 7. Europe CustomPackaging MarketSize and Forecast (by Value USD and Volume Units) 7.1. Europe CustomPackaging Market Size and Forecast, by Material (2022-2029) 7.1.1. Glass 7.1.2. Paper and Paperboard 7.1.3. Plastic 7.1.4. Metal 7.2. Europe CustomPackaging Market Size and Forecast, by Application (2022-2029) 7.2.1. Food 7.2.2. Beverage 7.2.3. Healthcare 7.2.4. Cosmetic 7.2.5. Personal & Homecare 7.2.6. Others 7.3. Europe CustomPackaging Market Size and Forecast, byPackaging Material(2022-2029) 7.3.1. Bottles 7.3.2. Containers & Jars 7.3.3. Bags & Pouches 7.3.4. Corks 7.3.5. Glass 7.3.6. Cartons 7.3.7. Envelopes 7.3.8. Boxes 8. Asia Pacific CustomPackaging Market Size and Forecast (by Value USD and Volume Units) 8.1. Asia Pacific CustomPackaging Market Size and Forecast, by Material (2022-2029) 8.1.1. Glass 8.1.2. Paper and Paperboard 8.1.3. Plastic 8.1.4. Metal 8.2. Asia Pacific CustomPackaging Market Size and Forecast, by Application (2022-2029) 8.2.1. Food 8.2.2. Beverage 8.2.3. Healthcare 8.2.4. Cosmetic 8.2.5. Personal & Homecare 8.2.6. Others 8.3. Asia Pacific CustomPackaging Market Size and Forecast, byPackaging Material(2022-2029) 8.3.1. Bottles 8.3.2. Containers & Jars 8.3.3. Bags & Pouches 8.3.4. Corks 8.3.5. Glass 8.3.6. Cartons 8.3.7. Envelopes 9. Middle East and Africa Custom Packaging Market Size and Forecast (by Value USD and Volume Units) 9.1. Middle East and Africa Custom Packaging Market Size and Forecast, by Material (2022-2029) 9.1.1. Glass 9.1.2. Paper and Paperboard 9.1.3. Plastic 9.1.4. Metal 9.2. Middle East and AfricaCustomPackaging Market Size and Forecast, by Application (2022-2029) 9.2.1. Food 9.2.2. Beverage 9.2.3. Healthcare 9.2.4. Cosmetic 9.2.5. Personal & Homecare 9.2.6. Others 9.3. Middle East and AfricaCustomPackaging Market Size and Forecast, by Packaging Material(2022-2029) 9.3.1. Bottles 9.3.2. Containers & Jars 9.3.3. Bags & Pouches 9.3.4. Corks 9.3.5. Glass 9.3.6. Cartons 9.3.7. Envelopes 9.3.8. Boxes 10. South America Custom Packaging Market Size and Forecast (by Value USD and Volume Units) 10.1. South America Custom Packaging Market Size and Forecast, by Material (2022-2029) 10.1.1. Glass 10.1.2. Paper and Paperboard 10.1.3. Plastic 10.1.4. Metal 10.2. South America CustomPackaging Market Size and Forecast, by Application (2022-2029) 10.2.1. Food 10.2.2. Beverage 10.2.3. Healthcare 10.2.4. Cosmetic 10.2.5. Personal & Homecare 10.2.6. Others 10.3. South America CustomPackaging Market Size and Forecast, by Packaging Material(2022-2029) 10.3.1. Bottles 10.3.2. Containers & Jars 10.3.3. Bags & Pouches 10.3.4. Corks 10.3.5. Glass 10.3.6. Cartons 10.3.7. Envelopes 10.3.8. Boxes 11. Company Profile: Key players 11.1. Smurfit Kappa Group 11.1.1. Company Overview 11.1.2. Financial Overview 11.1.3. Business Portfolio 11.1.4. SWOT Analysis 11.1.5. Business Strategy 11.1.6. Recent Developments 11.2. Glenroy 11.3. ProAmpac 11.4. Arka 11.5. Owens Illinois 11.6. Packlane 11.7. Packola 11.8. Huhtamaki 11.9. PakFactory 11.10. SoOPAK Company 11.11. International Packaging 11.12. The Custom Boxes 11.13. Refine Packaging 11.14. The Mondi Group 11.15. Pakible 11.16. Salazar Packaging 11.17. Design Packaging 11.18. PrimeLine Packaging 11.19. Sticker Mule 11.20. Brand in Color 11.21. Fantastapack 11.22. Packwire 11.23. com 12. Key Findings 13. Industry Recommendation