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Dow Packaging and Specialty Plastics, the China-based business division of the multinational materials science giant Dow, has recently introduced new recyclable toothpaste tubes for oral hygiene brands. Recyclable toothpaste tubes are just one among the wide range of innovative solutions that consumer packaged goods (CPG) brands are embracing to meet the growing consumers’ demand for […]
Thailand packaging market to reach 67.6 billion units in 2025, reveals GlobalData
The packaging sector in Thailand is expected to reach 67.6 billion units in 2025, registering a compound annual growth rate (CAGR) of 1.5% during 2020-2025, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Thailand Packaging Industry – Market Assessment, Key Trends and Opportunities to 2025’ reveals that the sector is majorly driven by […]
Growing urbanization to drive Malaysia’s packaging market at 2.5% CAGR through 2025, reveals GlobalData
The Malaysian packaging industry is forecast to grow at a compound annual growth rate (CAGR) of 2.5% from 17.6 billion units in 2020 to 20.2 billion units in 2025 due to growing urbanization and hectic lifestyles of consumers, reveals GlobalData, a leading data and analytics company. GlobalData’s report, ‘Malaysia Packaging Industry – Market Assessment, Key […]
Australian packaging market to grow at 1.7% CAGR through 2025, forecasts GlobalData
The packaging industry in Australia is forecast to grow at a compound annual growth rate (CAGR) of 1.7% during 2020-2025 to reach 37.3 billion units in 2025 due to growing popularity of novel/unique packages and rising awareness about environment preservation, forecasts GlobalData, a leading data and analytics company. GlobalData’s report, ‘Australia Packaging Industry – Market […]
Rigid plastics to drive China’s packaging market at 2% CAGR through 2025, says GlobalData
The packaging industry in China is forecast to reach 131.5 billion units in 2025, growing at a compound annual growth rate (CAGR) of 2% over the forecast period 2020-2025, driven by growth in the rigid plastics packaging, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘China Packaging Industry – Market Assessment, Key Trends […]
Japanese packaging industry to reach 172.3 billon units in 2025, forecasts GlobalData
The packaging industry in Japan is forecast to reach 172.3 billion units in 2025, registering a compound annual growth rate (CAGR) of 0.7% during 2020-2025, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Japan Packaging Industry – Market Assessment, Key Trends and Opportunities to 2025’, reveals that the sector is majorly driven by […]
Unilever-EPL partnership takes a major step towards sustainability momentum, says GlobalData
Sustainability being the most important theme of the decade, businesses are leveraging new ways of innovative design packaging. Therefore, riding on the path of creating a positive impact on the environment, one of the major speciality packaging company, Essel Propack Limited has collaborated with Unilever to supply fully recyclable Platina tubes in the oral care […]
Nestlé’s unique sustainable packaging initiatives likely to be attractive to 31% of French consumers but may be more difficult to recycle, says GlobalData
Following Nestlé’s announcement that it will be launching two new sustainable packaging developments to its Vittel range, with testing commencing in France in July; Holly Inglis, Beverages Analyst at GlobalData, a leading data and analytics company, offers her view: “Packaged water is one of the most consumed non-alcoholic drinks categories in France, and is buoyed […]
Natures Organics taps into refillable packaging to minimize waste, says GlobalData
Australian personal care brand Natures Organics has launched ‘My Soda’, the first haircare brand in Australia to offer sustainable refill solutions in supermarkets, designed to curb plastic waste by almost 80%, says GlobalData, a leading data and analytics company. Namrata Sain, Consumer Insights Analyst at GlobalData, says: “As consumers turn away from single-use plastics, manufacturers […]
North America’s packaged water industry is being shaped by premium brands, says GlobalData
Producers around the globe have started to innovate production lines that capitalise on premium tags as price consciousness remains a vital driver of purchase for many consumers, particularly those in North America. In the packaged water industry, premium priced packaged water reported a compound annual growth rate (CAGR) development of 13.2%* between 2015 and 2019, […]
Absolut Vodka’s paper bottle to revitalise declining paper and board pack type in West Europe spirit segment, says GlobalData
After a long-awaited testing period, the launch of prototype ‘Absolut Paper’ is set to reset traditional perceptions around paper and board (P&B) packaging for spirits in the UK, writes GlobalData, a leading data and analytics company. This will be a plus for environmentally conscious consumers and the launch is likely to be successful due to […]
South Korea’s packaging industry to grow at 1.3% CAGR through 2024, says GlobalData
The packaging industry in South Korea is expected to reach 51.7 billion units in 2024, growing at a compound annual growth rate (CAGR) of 1.3% during the forecast period 2019-2024, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘South Korea Packaging Industry – Trends and Opportunities’, reveals that the industry is majorly driven […]
Convenient formats to drive Australia’s packaging market to 35.8 billion units in 2024, says GlobalData
Due to hectic lifestyles, consumers are increasingly opting for products that are offered in convenient packaging formats. In Australia, this shift is playing a primary role in the growth of the packaging sector, which is expected to reach 35.8 billion units in 2024, at a compound annual growth rate (CAGR) of 1.2% during 2019-2024, says […]
Indonesia’s packaging market to grow at 2.4% CAGR and reach 159.2 billion units by 2024, says GlobalData
The packaging sector in Indonesia is expected to reach 159.2 billion units by 2024 at a compounded annual growth rate (CAGR) of 2.4% for the forecast period of 2019-2024, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Indonesia Packaging Industry – Trends and Opportunities’ reveals that the sector is majorly driven by growth […]
Malaysia’s packaging market to reach 18.5 billion units at 3.8% CAGR by 2024, says GlobalData
The packaging sector in Malaysia is expected to reach 18.5 billion units by 2024 at a compound annual growth rate (CAGR) of 3.8% for the forecast period of 2019-2024, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Malaysia Packaging Industry – Trends and Opportunities’ reveals that the sector is majorly driven by growth […]
Philippines’ packaging market to reach 69 billion units at 3.3% CAGR by 2024, says GlobalData
The packaging sector in the Philippines is expected to reach 69 billion units by 2024 at a compound annual growth rate (CAGR) of 3.3% for the forecast period of 2019-2024, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Philippines Packaging Industry – Trends and Opportunities’ reveals that the sector is majorly driven by […]
Thailand’s packaging market to reach 74.5 billion units at 2.7% CAGR by 2024, says GlobalData
The packaging sector in Thailand is expected to reach 74.5 billion units by 2024 at a compound annual growth rate (CAGR) of 2.7% for the forecast period of 2019-2024, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Thailand Packaging Industry – Trends and Opportunities’ reveals that the sector is majorly driven by growth […]
China’s packaging market to reach 1,004.9 billion units at 1.8% CAGR in 2024, says GlobalData
Consumers are preferring and picking the time-saving and convenient options in food and drinks, which is driving the demand for innovative packaging options. The packaging sector in China is expected to reach 1,004.9 billion units in 2024, at a compound annual growth rate (CAGR) of 1.8% during 2019-2024, says GlobalData, a leading data and analytics […]
India’s packaging market to reach 422.3 billion units at 6.5% CAGR in 2024, says GlobalData
Changing lifestyle of consumers along with rising demand for products that offer an ease of convenience are the key attributes prompting the demand for portable packaging solutions. The packaging sector in India is expected to increase from 307.8 billion units in 2019 to 422.3 billion units in 2024, at a compound annual growth rate (CAGR) […]
India’s packaging market to reach 422.3 billion units at 6.5% CAGR in 2024
Changing lifestyle of consumers along with rising demand for products that offer an ease of convenience are the key attributes prompting the demand for portable packaging solutions. The packaging sector in India is expected to increase from 307.8 billion units in 2019 to 422.3 billion units in 2024, at a compound annual growth rate (CAGR) of 6.5% during 2019-2024, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘India Packaging Industry – Trends and Opportunities’, reveals that the sector is majorly driven […]