Display Packaging Market- Global Industry Analysis and Forecast (2023-2029) Trends, Statistics, Dynamics, Segment Analysis

Display Packaging Market was valued at US$ 1.61 Bn in 2022 and is expected to grow at a CAGR of 4.5% through the forecast period.
Display Packaging Market Overview:
The usage of packaging design & graphics to create good-looking, effective, and eye-catching presentations of products is known as display packaging. It is used in retail stores to promote & sell products. Many different materials like paperboard, plastic, metal, glass, or a combination of these materials, can be used to create display packages. Luxury packages are another name for display

packages. The strengths & qualities of display packages are combined into a very pricey & sophisticated product. These aid in the tracking of in-stock products, the reduction of display setup time, and the protection of products during shipping and storage.

70% of consumers are willing to use products that use sustainable packaging & recycled materials, and 67% of consumers agree that when choosing a product to buy, they are often influenced by the materials contained in the packaging.To know about the Research Methodology :- Request Free Sample Report
Display Packaging Market Dynamics:
Demand for Packaged food has increased

Packaging is an essential medium for maintaining food quality, minimizing food waste, and reducing the use of preservatives in food. Packaging serves an important role in containing food and protecting it from chemical and physical damage while providing important information to consumers and marketers. Packaged food market of valued at US$ 1925.7 Bn in 2021 and it will reach US$ 2888.78 Bn by 2029. The packaged food market is expected to grow at a CAGR of 5.2% through the forecast period.

Rising Population

Population growth is an increase in the number of people on the earth. For most of human history, our population is relatively stable. However, innovation and industrialization have made energy, food, water, and medical supplies more available and reliable. Population growth will drive the growth of the display packaging market. The United States witnessed a 7.4% population growth in the year 2021.

Technological Advancement

New technologies like reshaping packaging, space-saving packaging, smart packaging, & printed electronics are promoting the expansion of display packing material. Growing public awareness of the advantages of recycling materials is also propelling market expansion. Furthermore, the market is likely to be driven by e-commerce growth patterns over the forecast period. In 2021, e-commerce sales in the United States were $871 billion dollars.

Display Packaging Market Opportunities:

Due to the growing interest in environmental issues, the most reputable brands are now focusing on eco-friendly packaging. Consumers, as well as manufacturers, are now becoming more aware of sustainable lifestyle choices that offer huge growth opportunities for the display packaging market to compete in the market. In addition, the growth of e-commerce platforms requires durable and cost-effective packaging, providing growth opportunities for the display packaging market as well.
Display Packaging Market Restraints:
The display packaging market is growing exponentially in the market, but factors such as the high initial capital investment required to install production units for packaging work are hampering the growth of the display packaging market. The use of heavy and bulky packaging also limits the growth of the market display packaging market.
Display Packaging Market Segment Analysis:
Based on Type, The Cellulose Fibbers category is expected to grow significantly throughout the forecast period. Cellulose fibres are the most prevalent form of fibre used in papermaking and are derived from plants. Wood provides the majority of cellulose fibres. The paper's strength, thickness, and stiffness are all due to cellulose fibres.

Because this material is manufactured from natural resources such as wood pulp & cotton rags, it is both environmentally sustainable and high-quality. 84 % of shoppers want products that are particularly environmentally friendly. Corrugated Pallets are heavy-duty crates that can hold and transport hefty items. They usually feature a flat bottom and flaps on the top to make stacking easier. Shipping containers can be made out of corrugated pallets. Corrugated Pallets are one of the most common types of retail display packaging. Cardboard pallets protect products from damage, boost their durability, keep them ordered on shelves, and provide robust support.

Paper Corrugated Board Sheeting is a corrugated cardboard product used for show packaging. It can be used to preserve products and improve their appearance during storage, transportation, and marketing by replacing metal or plastic foil. Food & beverage, chemicals, pharmaceuticals, and fast moving consumer goods (FMCG) industries all use cardboard pallets. When compared to other material solutions such as printed craft cartons/boxes, they provide optimal wear protection on all sides of the product with minimum weight penalties.Display packages improve promotional strategies in the retail industry. This increases consumer awareness & gives product shelves a uniform appearance, which boosts product sales and improves the store's image, which is ideal for promotional events. Consumers can also recognise different sorts of products by identifying them by sign or colour coding, saving time by not having to categorise each product separately. 90% of people select a product based on the colour of the packaging material. Pharmacy In pharmacies, display packages are commonly used to promote and sell a variety of drugs. It aids in making a positive first impression on customers who have the power to influence their purchasing decisions. In addition, the display packaging helps improve product visibility and increase shelf space allocation. Common types of display packages used in pharmacies include cartons and cardboard.
Display Packaging Market Regional Insights:
North America is the largest market for Display packaging. The display packaging market in North America is valued at US$ 3.9 Bn in the year 2021 & it will reach US$ 5.37 Bn by the end of 2029. The Display packaging market is expected to grow at a CAGR of 4.1% through the forecast period. This growth is due to factors such as increased production of consumer goods, a convenience-oriented lifestyle, and an expanding population base.The Asia Pacific is expected to be the fastest-growing market during the forecast period. This growth may be due to increased demand for packaged foods in the region and increased consumer disposable income. Packaged food market in the Asia Pacific region was valued at US$ 875.3 Bn in 2021. Packaged food market size is expected to grow at a CAGR of 5.6 % through the forecast period.

Latin America is expected to occupy the second largest market size during the forecast period. This growth is due to increased demand from retail and pharmacy applications.

The Europe region display packaging market is expected to grow at a modest rate during the forecast period. This growth may be due to factors such as increased demand for packaged foods, increased population, and technological advances in the region. Packaged food market in Europe region is expected to grow at a CAGR of 4.2% through the forecasted period

The display packaging market in the Middle East and Africa is expected to grow at a slow pace during the forecast period. Factors such as lack of awareness of advanced packaging technologies and limited availability of funds are limiting the growth of this market.

The objective of the report is to present a comprehensive analysis of the global Display Packaging Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The reports also help in understanding the Display Packaging Market dynamic, and structure by analyzing the market segments and projecting the Display Packaging Market size. Clear representation of competitive analysis of key players by Product type, price, financial position, product portfolio, growth strategies, and regional presence in the Display Packaging Market make the report investor’s guide.
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Display Packaging Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2017 to 2022
Market Size in 2022:
US$ 1.61 Bn.


Forecast Period 2023 to 2029 CAGR:
4.5%
Market Size in 2029:
US$ 2.20 Bn.


 Segments Covered:
by Type
• Floor display
• Counter display
• Shelf display
• Brochure display
• Transparent Containers
• Others


by  Application
• Retail
• Pharmacy


by Material Type
• Cellulose Fibers
• Corrugated Pallets
• Corrugated Paper
• Board Sheeting
• Others


by Packing Product
• Perfumes
• Cosmetic
• Fashion and Eyewear
• Others


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)



Display Packaging Market Key Players are:
• DS Smith
• International Paper
• Mondi
• Smurfit Kappa
• Sonoco Products Company
• Astron Bulk Packaging
• Bay Cities
• Baird Display
• C&B Display Packaging
• CaroCon
• Deufol
• Excel Display and Packaging
• Glama Pak
• Grant Austin Packaging
• Greenfield Creations
• MBC Products and Services
• Westkey Graphics

Frequently Asked Questions:

1] What segments are covered in the Global Display Packaging Market report?
Ans. The segments covered in the Display Packaging Market report are based on Product Type, Application, Material Type, Packing Product, and Region.

2] Which region is expected to hold the highest share in the Global Display Packaging Market?
Ans. The North America region is expected to hold the highest share in the Display Packaging Market.

3] What is the market size of the Global Display Packaging Market by 2029?
Ans. The market size of the Display Packaging Market by 2029 is expected to reach US$ 2.20 Bn.

4] What is the forecast period for the Global Display Packaging Market?
Ans. The forecast period for the Display Packaging Market is 2022-2029.

5] What was the market size of the Global Display Packaging Market in 2022?
Ans. The market size of the Display Packaging Market in 2022 was valued at US$ 1.61 Bn.