Packaging Products Market Outlook 2025–2034 – Built for Competitive Business Teams

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What is the expected value of the packaging products market over the forecast period?
The packaging products market size has grown strongly in recent years. It will grow from $109.99 billion in 2024 to $119.91 billion in 2025 at a compound annual growth rate (CAGR) of 9.0%. The growth in the historic period can be attributed to environmental awareness, consumer preferences, cost trends, regulatory compliance, brand image and differentiation.

The packaging products market size is expected to see strong growth in the next few years. It will grow to $162.58 billion in 2029 at a compound annual growth rate (CAGR) of 7.9%. The growth in the forecast period can be attributed to sustainability initiatives, e-commerce growth, changing demographics, supply chain resilience, brand transparency. Major trends in the forecast period include personalized and customizable packaging, digital printing technology, recyclable and biodegradable materials, augmented reality packaging, supply chain resilience and packaging safety.

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What industry dynamics are acting as key growth drivers for the packaging products market?
Growth of e-commerce platforms is expected to propel the growth of the packaging products market going forward. E-commerce (electronic commerce) refers to the purchase and sale of products and services, as well as the exchange of payments or data, through an electronic network, usually the internet. Rising e-commerce requires large number of packaging products as they are used to transport a product to a customer after they buy it online. For instance, in November 2023, according to the International Trade Administration, a US-based government agency, eCommerce revenues in the UK are expected to have an annual average growth rate of 12.6% by 2025. Consumer eCommerce accounted for 36.3% of the UK's overall retail industry, with eCommerce revenue expected to reach $285.60 billion by 2025. Therefore, the growth of the e-commerce platform is driving the growth of the packaging products market.

What are the fastest-growing segments in the packaging products market forecast period?
The packaging products market covered in this report is segmented –

1) By Type: Paper and Cardboard, Rigid Plastic, Metal, Flexible Plastic, Glass, Wood, Textile, Other Types
2) By Product: Bottles And Can, Containers And Jars, Bags, Pouches, Wraps
3) By End-Users: Food, Beverages, Healthcare, Cosmetics, Household Products, Chemicals

Subsegments:
1) By Paper And Cardboard: Corrugated Boxes, Paper Bags, Folding Cartons
2) By Rigid Plastic: Bottles And Containers, Jars, Tubs and Cups
3) By Metal: Cans, Foil Packaging, Drums
4) By Flexible Plastic: Pouches, Wraps, Films
5) By Glass: Bottles, Jars, Vials
6) By Wood: Crates, Pallets, Boxes
7) By Textile: Sacks, Bags, Wrapping Material
8) By Other Types: Biodegradable Packaging, Composite Packaging, Specialty Packaging

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What are the most notable trends influencing investment in the packaging products sector?
Product innovations are a key trend gaining popularity in the packaging products market. Major companies operating in the packaging products market are focused on developing innovative solutions to strengthen their position in the market. For instance, in October 2022, Huhtamaki Oyj, a Finland-based consumer packaging company, launched ICON packaging, an innovative, recyclable packaging option for ice cream that is built from 95% renewable bio-based material. It is a ground-breaking paper technology that allows recycling in cities across the United States that have paper product recycling programs, first for use in ice cream containers and lids. To help educate and raise understanding of the sustainability advantages of ICON packaging, ICON packaging makes use of the capabilities of Huhtamaki's Connected Packaging solutions, with a QR code embedded into the packaging design that links consumers to the ICON landing page.

Which major players hold significant market share in the packaging products sector?
Major companies operating in the packaging products market include Aetna Group, International Paper Co, Ball Corporation, Amcor plc, Berry Global plc, Tetra Pak Inc., Crown Holdings Inc., Stora Enso Oyj, Mondi plc, Graphic Packaging Holding Company, Avery Dennison Corporation, Packaging Corporation of America, Owens-Illinois Group Inc., Sealed Air Corp, Huhtamaki Oyj, Krones Group, Reynolds Group Inc., Coesia Group, Marchesini Group, Gerresheimer AG, Yunnan Energy New Material Co Ltd., Adelphi Group of Companies, Oliver Packaging & Equipment Company, Sun Packaging Technologies Inc., Merlin Packaging Technologies, Graham Packaging Company, Bosch Packaging Technology, Fuji Machinery Co Ltd.

Which regional segments are forecasted to witness the fastest growth in the packaging products market?
The countries covered in the packaging products market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

How Can Companies Use The Packaging Products Market Report to Drive Business Results?
This report provides actionable insights tailored for business use—not academic analysis. Companies can leverage the data to:
• Time market entry or expansion using growth forecasts and CAGR trends.
• Develop competitive products by tracking key technology shifts and user preferences.
• Tailor regional strategies with in-depth geographic data and local market dynamics.
• Benchmark and plan partnerships using competitive landscape insights.

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Packaging Products Market Report 2025

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