Containers & Packaging Global Industry Almanac 2020-2029
Summary
Global Containers & Packaging industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume , and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
Global Containers & Packaging industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume , and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Containers & packaging market encompasses a wide range of products explicitly used for packaging purposes. Market volume represents the consumption of packaging products in a specific year, while the market value is calculated by multiplying the average manufacturer’s price of packaging materials with the market volume.
- Containers & packaging market is segmented into paper, plastic, glass, and metal. Folding carton boards, comprised of several layers of fibrous wood pulp, are commonly known as paper segment products. They are extensively used in various industries to package different products. These boards are often coated with polyethylene and lined with aluminum foil to enhance their moisture resistance and durability. However, it should be noted that these containers are still primarily made of board material and not plastic or metal. The paper segment of this industry does not include household or sanitary papers, and it excludes printing papers.
- Within the plastic category, there is a diverse range of products that are made from different polymers. These include freestanding plastic bottles, tubs, and jars made from PET, HDPE, LDPE, PP, PVC, PC, and PS/ABS. The plastic segment also encompasses co-extrusions, lamination, and barrier-coated containers, providing various options for manufacturers and consumers.
- The glass segment is composed of an amorphous material that lacks a definite crystal structure and displays a characteristic transformation from a complex and relatively fragile state to a molten or rubber-like state when exposed to high temperatures. Container glass, commonly utilized in packaging applications, is typically characterized by its brittleness and may feature optical transparency or coloration.
- All market data and forecasts are based on nominal prices and all currency conversions used in the creation of this report have been calculated using yearly annual average exchange rates. The USD values may show a declining trend for few countries such as Argentina, Turkey, Nigeria, Egypt, and Russia. This is primarily because of the impact of exchange rates considered.
- The global containers & packaging market recorded revenues of $626.7 billion in 2024, representing a compound annual growth rate (CAGR) of 3.0% between 2019 and 2024.
- Market consumption volume increased with a CAGR of 1.8% between 2019 and 2024, reaching a total of 386.0 million tonnes in 2024.
- The growth of the global containers & packaging market is driven by the expansion of the food & beverage manufacturing and personal care industries, which is supporting the demand for folding cartons and flexible paper packaging. According to GlobalData, in 2024, the global food & beverage manufacturing market reached $6.2 trillion, up 2.3% annually.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the global containers & packaging market
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global containers & packaging market
- Leading company profiles reveal details of key containers & packaging market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the global containers & packaging market with five year forecasts by both value and volume
- Macroeconomic indicators provide insight into general trends within the Asia-Pacific economy
- What was the size of the global containers & packaging market by value in 2024?
- What will be the size of the global containers & packaging market in 2029?
- What factors are affecting the strength of competition in the global containers & packaging market?
- How has the market performed over the last five years?
- What are the main segments that make up the global containers & packaging market?
