Primary Packaging Market: Global Industry Analysis and Forecast (2021-2029) Trends, Statistics, Dynamics, Segmentation by Type, Mode of Packaging, Application, and Region.

Primary Packaging Market was valued at US $ 100.5 Bn. in 2021. Global Primary Packaging Market size is estimated to grow at a CAGR of 6.91%.

Primary Packaging Market Overview:

Primary Packaging is referred to immediate contact of packaging material or layer with the product to be packaged. Primary Packaging primarily protects and preserve the product from external damage, contamination, and spoiling. It also keep the product in storage for ling period of time. Primary Packaging offers wide range of benefits, such as convenience, easy handling, proper display, and stacking. Primary packaging is also used for security concerns, such as interfere resistance measures, tamper-evident features, RFID tags, dye-packs, authentication seals and other anti-theft and anti- counterfeit measures. Global Primary Packaging MarketTo know about the Research Methodology :- Request Free Sample Report

Primary Packaging Market Dynamics:

Growing Opportunities of Primary Packaging in Pharmaceutical Industry: The factors like rising e-commerce industry sales along with increasing demand for FMCG and pharmaceutical packaging are driving the primary packaging market growth during the forecast period. The global pharmaceutical packaging market valued at US $ 73 billion in 2021. For instance, Indian pharmaceutical industry is leading the production of generic drugs and vaccine across the globe. India has strong network of more than 3000 drug companies along with more than 10500 manufacturing units, which are providing 20% of total global demand by volume. According to report, India export more than half of its production of pharmaceuticals to more than 200 countries. The Primary packaging market growth is also driven by the factors like rising population, increase in income levels and changing lifestyles across the globe. The poor availability of raw materials is expected to hamper the primary packaging market growth during the forecast period. Nonetheless Technological advancement and growing penetration of major industry players in packaging market are expected to provide growth opportunities over the forecast period. Primary Packaging Trends is expected to Reshapes the Market during Forecast Period: Primary Packaging Market These five major trends are expected to drive the primary market industry during the forecast period. The Rise in E-Commerce is expected to change the focus on improvement in packaging requirements, including for new products along with end-user delivery innovation. Changing consumer preferences towards more personalization, convenience, and affordability are expected to boost the product demand during the forecast period. The margin compression for FMCG companies and retailers is expected to resolve the threat of insolvency. Requirements for sustainability are expected to take into consideration in every step of the value chain over the forecast period. Digitalization/ IoT is expected to be used to drive the cost and for gaining a competitive edge with the consumer.

Primary Packaging Market Segment Analysis:

Based on the Type, the Primary Packaging Market is segmented into Clamshell Packaging, Blister Packs, Paperboard Packaging, Unit Dose Packs, Shrink-Wrapping, and others. The Paperboard Packaging segment held the largest market share, accounting for 41% in 2021. The segment growth is primarily attributed to growing concerns for the environment is benefiting the paperboard packaging over other types of packaging, as it perceived and real environmental benefits, in using paperboard packaging. The characteristics including lightweight and easy availability of raw material along with cost-effectiveness, are driving the primary packaging market growth for this segment. The Growing production of paperboard across the countries like India, China, and U.S. are also boosting the primary packaging market growth. For instance, in India, Parksons, one of the leading producer of paperboard has capacity of producing paperboard more than 125 billion tonnes by annually. Consumer Packaged Goods Expenditure of U.S. Consumer from 2017 to 2021 (in USD Billion): Global Primary Packaging MarketBased on the Application, the Primary Packaging Market is segmented into Food and Beverages, Pharmaceutical, Personal Care, Household Care, and Others. The Food and Beverages segment held the largest market share, accounting for 38% in 2021. The Food and Beverages segment growth is attributed to exponential growth in the demand of packaged and processed food products across the globe, as a result, increased demand for varieties of food and beverages packaging solutions. Changing Lifestyles along with eating habits are impacting on demand of packaged food and beverages product, which are driving the primary packaging market growth for this segment. The global food packaging market size was valued at US $ 316.7 billion in 2021, and market is expected to grow at a CAGR of 6.37% during the forecast period. As a result the promising forecast number are expected to create new opportunities for primary packaging market over the forecast period.

Primary Packaging Market Regional Insights:

Asia Pacific region held the largest market share accounted for 41.2 % in 2021. The region’s growth is attributed to the growing usage of primary packaging in pharmaceutical and food and beverages industry in the region. For instance, According to the Indian Institute of Packaging (IIP), the packaging usage has increased by more than 200% during 2010 to 2021, which was rising from 4.3 kg per person per annum to 8.6 kg per person per annum. The China is the world’s largest packaging consumer with consumption of US $ 234.21 billion in 2021. In addition, the regional growth is also benefited from the rising per capita incomes, growing population, rapid urbanisation and the advanced development of a retail infrastructure in countries like India, China, and Japan in the region. The North America region is expected to grow at a CAGR of 7.10 % during the forecast period. A growing internet and smartphone penetration, along with the country's digital transformation, are expected to drive the primary packaging market growth in the region. The growing industries such as foods and beverages, pharmaceuticals, personal care, and household care across the region are expected to boost the product demand during the forecast period. The objective of the report is to present a comprehensive analysis of the 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 Primary Packaging Market dynamic, structure by analyzing the market segments and projecting the Primary Packaging Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Primary Packaging Market make the report investor’s guide.

Primary Packaging Market Scope: Inquiry Before Buying

Global Primary Packaging Market
Report Coverage Details
Base Year: 2021 Forecast Period: 2022-2029
Historical Data: 2017 to 2021 Market Size in 2021: US $ 100.5 Bn.
Forecast Period 2022 to 2029 CAGR: 6.91% Market Size in 2029: US $ 171.6 Bn.
Segments Covered: by Type • Clamshell Packaging • Blister Packs • Paperboard Packaging • Unit Dose Packs • Shrink-Wrapping • Others
by Mode of Packaging • Boxes • Cartons • Wrappers • Containers • Others
by Application • Food and Beverages • Pharmaceutical • Personal Care • Household Care • Others

Primary Packaging Market by Region

• North America • Europe • Asia Pacific • South America • The Middle East and Africa

Primary Packaging Market Key Players are:

Albea Group • Amcor Ltd. • Ardagh Group • Capsugel Inc. • Bemis Company, Inc. • Clondalkin Group Holdings B.V. • Bormioli Rocco Spa • West Pharmaceutical Services, Inc. • Datwyler Holding Inc. • Gerresheimer AG • Heinz-Glas GmbH • Wihuri Group, Becton • Dickinson & Company • Hindustan National Glass & Industries Ltd. • ITC • Koa Glass Co. Ltd. • MeadWestvaco Corp. • Schott AG • Mondi plc. • Intrapac Group • Rexam PLC • Saint-Gobain Frequently Asked Questions: 1] What segments are covered in the Primary Packaging Market report? Ans. The segments covered in the Primary Packaging Market report are based on Type, Mode of Packaging, and Application. 2] Which region is expected to hold the highest share in the Primary Packaging Market? Ans. The Asia Pacific region is expected to hold the highest share in the Primary Packaging Market. 3] What is the market size of the Primary Packaging Market by 2029? Ans. The market size of the Primary Packaging Market by 2029 is US $ 171.65 Bn. 4] What is the forecast period for the Primary Packaging Market? Ans. The Forecast period for the Primary Packaging Market is 2022-2029. 5] What was the market size of the Primary Packaging Market in 2021? Ans. The market size of the Primary Packaging Market in 2021 was US $ 100.5Bn.
1. Global Primary Packaging Market Size: Research Methodology 2. Global Primary Packaging Market Size: Executive Summary 2.1. Market Overview and Definitions 2.1.1. Introduction to Global Primary Packaging Market Size 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Primary Packaging Market Size: Competitive Analysis 3.1. MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2. Consolidation in the Market 3.2.1 M&A by region 3.3. Key Developments by Companies 3.4. Market Drivers 3.5. Market Restraints 3.6. Market Opportunities 3.7. Market Challenges 3.8. Market Dynamics 3.9. PORTERS Five Forces Analysis 3.10. PESTLE 3.11. Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • Latin America 3.12. COVID-19 Impact 4. Global Primary Packaging Market Size Segmentation 4.1. Global Primary Packaging Market Size, by Type (2021-2029) • Clamshell Packaging • Blister Packs • Paperboard Packaging • Unit Dose Packs • Shrink-Wrapping • Others 4.2. Global Primary Packaging Market Size, by Mode of Packaging (2021-2029) • Boxes • Cartons • Wrappers • Containers • Others 4.3. Global Primary Packaging Market Size, by Application (2021-2029) • Food and Beverages • Pharmaceutical • Personal Care • Household Care • Others 5. North America Primary Packaging Market (2021-2029) 5.1. Global Primary Packaging Market Size, by Type (2021-2029) • Clamshell Packaging • Blister Packs • Paperboard Packaging • Unit Dose Packs • Shrink-Wrapping • Others 5.2. Global Primary Packaging Market Size, by Mode of Packaging(2021-2029) • Boxes • Cartons • Wrappers • Containers • Others 5.3. Global Primary Packaging Market Size, by Application (2021-2029) • Food and Beverages • Pharmaceutical • Personal Care • Household Care • Others 5.4. North America Primary Packaging Market, by Country (2021-2029) • United States • Canada • Mexico 6. European Primary Packaging Market (2021-2029) 6.1. European Primary Packaging Market, by Type (2021-2029) 6.2. European Primary Packaging Market, by Mode of Packaging (2021-2029) 6.3. European Primary Packaging Market, by Application (2021-2029) 6.4. European Primary Packaging Market, by Country (2021-2029) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Primary Packaging Market (2021-2029) 7.1. Asia Pacific Primary Packaging Market, by Type (2021-2029) 7.2. Asia Pacific Primary Packaging Market, by Mode of Packaging (2021-2029) 7.3. Asia Pacific Primary Packaging Market, by Application (2021-2029) 7.4. Asia Pacific Primary Packaging Market, by Country (2021-2029) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. The Middle East and Africa Primary Packaging Market (2021-2029) 8.1. The Middle East and Africa Primary Packaging Market, by Type (2021-2029) 8.2. The Middle East and Africa Primary Packaging Market, by Mode of Packaging (2021-2029) 8.3. The Middle East and Africa Primary Packaging Market, by Application (2021-2029) 8.4. The Middle East and Africa Primary Packaging Market, by Country (2021-2029) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. Latin America Primary Packaging Market (2021-2029) 9.1. Latin America Primary Packaging Market, by Type (2021-2029) 9.2. Latin America Primary Packaging Market, by Mode of Packaging (2021-2029) 9.3. Latin America Primary Packaging Market, by Application (2021-2029) 9.4. Latin America Primary Packaging Market, by Country (2021-2029) • Brazil • Argentina • Rest Of Latin America 10. Company Profile: Key players 10.1. Albea Group 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. Amcor Ltd. 10.3. Ardagh Group 10.4. Capsugel Inc. 10.5. Bemis Company, Inc. 10.6. Clondalkin Group Holdings B.V. 10.7. Bormioli Rocco Spa 10.8. West Pharmaceutical Services, Inc. 10.9. Datwyler Holding Inc. 10.10. Gerresheimer AG 10.11. Heinz-Glas GmbH 10.12. Wihuri Group, Becton 10.13. Dickinson & Company 10.14. Hindustan National Glass & Industries Ltd. 10.15. ITC 10.16. Koa Glass Co. Ltd. 10.17. MeadWestvaco Corp. 10.18. Schott AG 10.19. Mondi plc. 10.20. Intrapac Group 10.21. Rexam PLC 10.22. Saint-Gobain

About This Report

Report ID 111324
Category Packaging
Published Date Nov 2022
Updated Date
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