Global packaging industry is anticipated to exhibit considerable CAGR during the forecast period (2020-2026


Posted September 20, 2021 by danishahmed

Global packaging industry is anticipated to exhibit considerable CAGR during the forecast period (2020-2026).
 
Global packaging industry is anticipated to exhibit considerable CAGR during the forecast period (2020-2026). Digital printing is anticipated to offer new aspects for the future of packaging by opening the door to exciting and creative opportunities and hence creating new revenue stream for the players operating in the packaging industry. Digital printed packaging facilitates the brands, design agencies and retailers to become more creative. The high growth in the demand of digital printed packaging from various end-user industry verticals such as food & beverage, cosmetics, healthcare, and homecare among others.  
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The packaging industry is projected to grow at a considerable CAGR of around 3% during the forecast period (2020-2026). The growth in demand for digital printing packaging, personalized packaging, transparency & clean labels, and flexible packaging are the major promoters of the packaging market across the globe. Flexible packaging involves the use of lightweight bags and pouches sealed with heat.  The continuous innovation and technological advancements have led to the development of lighter weight packaging that enhances product shelf appeal, strength, protection, and the ability to be sealed.   

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Market Segmentation

Global Packaging Industry by Material Type

Plastic
Metal
Paper
Glass

Global Packaging Industry by End-User Vertical

Food
Beverage
Healthcare
Cosmetics & Personal Care
Industrial
Others (Household Items)


Company Profiles

Ahlstrom-Munksjö Oyj
Amcor, PLC
Ardagh Group S.A.
Ball Corp.
Berry Global, Inc.
Catalent, Inc.
Crown Holdings, Inc.
DS Smith Plc
Gerresheimer AG
Graham Packaging Co.


Global Market– Segmentation by Region
North America

• United States
• Canada

Europe

• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Middle East & Africa
• Latin America


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Issued By Danish Ahmed
Phone +917803040404
Country India
Categories Business
Tags global packaging industryarket
Last Updated September 20, 2021