Packaging Industry Trends, Opportunities, Growth Analysis and Forecast to 2028

Powered by

All the vital news, analysis, and commentary curated by our industry experts.

$2450
Buy Report Download FREE Resources

Published: May 22, 2024 Report Code: GDPK240009GS-ST

Select Item

Reasons to buy the ‘Packaging’ market analysis report:

  • Get a comprehensive overview of the packaging industry at a global and regional level along with a deep-dive into select countries for each region.
  • Understand the market environment with global takeaways, taking into consideration the external packaging influences and innovations in 2023.
  • Gain a detailed cross-industry comparison by pack material and its growth contribution by sector.
  • Analyze the breakdown and shift in utilizing the various pack materials across sectors during 2023-2028.

How is our ‘Packaging’ market report unique from other reports in the market?

Manufacturers and retailers seek for latest information when it comes to evolution and innovations within the packaging industry:

  • Get the latest information on how this market is advancing to formulate sales and marketing strategies. We also offer authentic market data with a high level of detail.
  • Get up-to-date information and analysis to uncover emerging growth opportunities within the industry at a global, regional, and country level.
  • Explore the key challenges and future growth prospects that can help companies gain insight into the country/region-specific nuances.
  • Understand the key trends that drive consumer choices and future openings, which can help companies in revenue expansion.

We recommend this valuable source of information to anyone involved in:

  • Rigid Plastics, Rigid Metal, Paper & Board, Flexible Packaging, and Glass Packaging Industry
  • Raw Material Manufacturing, Supply, and Distribution
  • Packaging Technology Leaders, Startups/Agencies and Associations
  • Food and Beverages – E-commerce Players/Retailers, White-Label Manufacturers & Distributors
  • Business Development and Market Intelligence
  • Investment Analysts and Portfolio Managers
  • Professional Services – Investment Banks, PE/VC Firms
  • M&A/Investment, Management Consultants, and Consulting Firms

To Get a Snapshot of the Packaging Market Report
Download a Free Sample Report

Packaging Market Growth Analysis Report Overview

The packaging volume was 4.1 trillion units in 2023 and will grow at a CAGR of more than 2% during 2023-2028.

Packaging Industry Outlook, 2023-2028 (Trillion Units)

Packaging Industry Outlook, 2023-2028 (Trillion Units)

Buy the Full Report for More Insights into the Packaging Industry Forecast
Download a Free Report Sample

The packaging industry report provides an overview of the different packaging materials’ usage across various sectors in terms of the number of units, packaging share, and growth rates during 2018-2028. The analysis also provides key packaging innovations for key industries in each of the categories analyzed. The report also includes data and analysis for five-pack materials across several sectors.

Market Size (2023) 4.1 Trillion Units
CAGR (2023-2028) >2%
Historical Period 2018-2022
Forecast Period 2023-2028
Key Regions ·       Asia-Pacific

·       Middle East & Africa

·       The Americas

·       Western Europe

·       Eastern Europe
Key Pack Materials ·       Rigid Plastics

·       Rigid Metal

·       Paper & Board

·       Flexible Packaging

·       Glass
Key Sectors ·       Food

·       Non-Alcoholic Beverages

·       Alcoholic Beverages
Enquire & Decide Discover the perfect solution for your business needs. Enquire now and let us help you make an informed decision before making a purchase.

Packaging Industry Segmentation by Regions

APAC was the leading regional segment in the packaging industry in 2023

The key regions in the packaging industry are Asia-Pacific, the Middle East & Africa, the Americas, Western Europe, and Eastern Europe. Flexible packaging was the most consumed pack material in the Asia-Pacific packaging industry.

Packaging Industry Analysis by Regions, 2023 (%)

Packaging Industry Analysis by Regions, 2023 (%)

Buy the Full Report for More Regional Insights into the Packaging Industry
Download a Free Report Sample

Packaging Industry Segmentation by Pack Materials

Rigid plastics was the most consumed pack material in the packaging industry in 2023

The key pack materials in the packaging industry are rigid plastics, rigid metal, paper & board, glass, and flexible packaging among others. The convenient and economical nature of rigid plastics supports the material’s usage in the packaging industry. Additionally, the lightweight of rigid plastics helps to reduce shipping and handling costs.

Packaging Industry Analysis by Pack Materials, 2023 (%)

Packaging Industry Analysis by Pack Materials, 2023 (%)

Buy the Full Report for More Pack Material Insights into the Packaging Industry
Download a Free Report Sample

Packaging Industry Segmentation by Sectors

A few of the key sectors in the packaging industry are food, alcoholic beverages, and non-alcoholic beverages. The food sector was the leading contributor in 2023. The food industry was the largest end-user of paper & board packaging in 2023.

Packaging Industry Analysis by Sectors, 2023 (%)

Packaging Industry Analysis by Sectors, 2023 (%)

Buy the Full Report for More Sector Insights into the Packaging Industry
Download a Free Report Sample

Packaging Industry – Latest Developments

  • ROCC Australia introduced toothpaste in a new tube claimed to be made of biodegradable plastics, a first-of-its-kind packaging in the country. The company claims that the tube will degrade naturally, leaving no microplastics, in six to 10 years, as opposed to 500 years for a standard toothpaste tube.

Buy the Full Report to Know More Latest Developments in the Packaging Industry
Download a Free Report Sample

Segments Covered in the Report

Packaging Industry Regional Outlook (Volume, Trillion Units, 2018-2028)

  • Asia-Pacific
  • Middle East & Africa
  • The Americas
  • Western Europe
  • Eastern Europe

Packaging Industry Pack Material Outlook (Volume, Trillion Units, 2018-2028)

  • Rigid Plastics
  • Rigid Metal
  • Paper & Board
  • Flexible Packaging
  • Glass

Packaging Industry Sector Outlook (Volume, Trillion Units, 2018-2028)

  • Food
  • Non-alcoholic Beverages
  • Alcoholic Beverages

Scope

This report brings together multiple data sources to provide a comprehensive overview of packaging in the global industry. It includes an analysis of the following –

  • Global overview: Provides an overview of the packaging industry at the global level. The analysis also provides an overview across five regions-Asia-Pacific, Middle East and Africa, the Americas, Western Europe, and Eastern Europe-highlighting key sectors and growth drivers.

  • Country deep dive: Provides an overview of the pack materials across the sectors in the global packaging industry in select countries in each region.

  • Market overview: Provides an overview of the usage of different pack materials across different industries in terms of the number of units, packaging share, and growth rates during 2018–28, in addition to key packaging innovations for the pack materials analyzed. The report also provides an overview of the shift in utilization of various pack materials across sectors during 2023–28.

  • Key pack materials: Includes data and analysis of units (millions) and growth rates for five key pack materials, namely rigid plastics, rigid metal, glass, paper & board, and flexible packaging, during 2018–28. It also includes data and analysis for pack materials other than the previously mentioned five. Additionally, the section covers:

  • Pack sub-type: Includes aerosol – metal, box – rigid plastic, carton – carton board, box – liquid packaging board, box – other material, foil – aluminum, pod – paper, flexible plastic, tray – aluminum, tube – flexible plastic, other flexible packaging pack types – all sub-types, HDPE, PET, etc.

  • Pack type: Includes aerosol, bag-in-box, bag/sachet, blister pack, bottle, box, bubble top, can, carton-folding, carton-liquid, clamshell, etc.

  • Closure material: Includes metal, plastic, glass, natural cork, synthetic cork, and others.

  • Closure type: Includes cap, crown, dispenser, film, flip/snap top, foil, lever closure, plastic tie, prize off, screw top, sports cap, stopper, and twist-off.

  • Primary outer material: Includes flexible packaging, board, rigid plastic, and others.

  • Primary outer type: Includes bag, blister pack, carton-folding, shrink wrap, sleeve, and others.

Table of Contents

  • 1. Market Environment

    • 1.1. Global Packaging Overview

    • 1.2. Market Environment – Global Takeaways

    • 1.3. External Packaging Influences

    • 1.4. Packaging Innovations in 2023

    • 1.5. Packaging Share Change by Material and Industries – Global Overview

    • 1.6. Pack Material Market – Global Overview

    • 1.7. Pack Materials Market Size and Growth Analysis – Global Overview

    • 1.8. Change in Share in the Overall Packaging Industry by Regions, 2018–28

    • 1.9. Change in Consumption Levels: Regions, 2018–28

    • 1.10. Cross-industry Comparison by Pack Material – Global

    • 1.11. Pack Material Growth Contribution by Sector

  • 2. Market Environment – Regional Overview

    • 2.1. Asia-Pacific Overview

      • 2.1.1. China Overview

      • 2.1.2. India Overview

    • 2.2. Middle East and Africa Overview

      • 2.2.1. South Africa Overview

      • 2.2.2. Saudi Arabia Overview

    • 2.3. Americas Overview

      • 2.3.1. The US Overview

      • 2.3.2. Brazil Overview

    • 2.4. Western Europe Overview

      • 2.4.1. Germany Overview

      • 2.4.2. The UK Overview

      • 2.4.3. Eastern Europe Overview

      • 2.4.4. Turkiye Overview

      • 2.4.5. Poland Overview

  • 3. Analysis by Pack Material – Rigid Plastics

    • 3.1. Rigid Plastics – Growth Analysis by Pack Type and Pack Sub-type

    • 3.2. Rigid Plastics – Growth Analysis by Closure Material and Closure Type

    • 3.3. Rigid Plastics – Growth Analysis by Primary Outer Material and Primary Outer Type

    • 3.4. Rigid Plastics – Volume by Sectors and Change in Share

  • 4. Analysis by Pack Material – Rigid Metal

    • 4.1. Rigid Metal – Growth Analysis by Pack Type and Pack Sub-type

    • 4.2. Rigid Metal – Growth Analysis by Closure Material and Closure Type

    • 4.3. Rigid Metal – Growth Analysis By Primary Outer Material and Primary Outer Type

    • 4.4. Rigid Metal – Volume By Sectors and Change in Share

  • 5. Analysis by Pack Material – Paper & Board

    • 5.1. Paper & Board – Growth Analysis by Pack Type and Pack Sub-type

    • 5.2. Paper & Board – Growth Analysis by Closure Material and Closure Type

    • 5.3. Paper & Board – Growth Analysis by Primary Outer Material and Primary Outer Type

    • 5.4. Paper & Board – Volume by Sectors and Change in Share

  • 6. Analysis by Pack Material – Flexible Packaging

    • 6.1. Flexible Packaging – Growth Analysis by Pack Type and Pack Sub-type

    • 6.2. Flexible Packaging – Growth Analysis by Closure Material and Closure Type

    • 6.3. Flexible Packaging – Growth Analysis by Primary Outer Material and Primary Outer Type

    • 6.4. Flexible Packaging – Volume by Sectors and Change in Share

  • 7. Analysis by Pack Material – Glass

    • 7.1. Glass – Growth Analysis by Pack Type and Pack Sub-type

    • 7.2. Glass – Growth Analysis by Closure Material and Closure Type

    • 7.3. Glass – Growth Analysis by Primary Outer Material and Primary Outer Type

    • 7.4. Glass – Volume by Sectors and Change in Share

  • 8. Appendix

  • 9. Definitions

  • 10. Methodology

Table

Global – top contributing industries, 2022

Global – fastest growing industries, 2022–27

Pack Material Market – global overview

Use of pack material (in billion pack units) by sectors, 2022

Asia-Pacific – top contributing industries, 2022

Asia-Pacific – fastest growing industries, 2022–27

Middle East & Africa – top contributing industries, 2022

Middle East & Africa – fastest growing industries, 2022–27

Americas – top contributing industries, 2022

Americas – fastest growing industries, 2022–27

Western Europe – top contributing industries, 2022

Western Europe – fastest growing industries, 2022–27

Eastern Europe – top contributing industries, 2022

Eastern Europe – fastest growing industries, 2022–27

Figures

Global – key pack materials by volume (units), 2017 vs 2022 vs. 2027

Packaging share change by material and industries – global overview

Pack material market size (in billion pack units) , 2017–27 – global overview

Pack material growth contribution by industry

Asia-pacific – key pack materials by volume (units), 2017 vs 2022 vs. 2027

Pack materials market size and growth analysis – Asia-Pacific

Change in share in the Asia-Pacific packaging by industries, 2017–27

Middle east & Africa – key pack materials by volume (units), 2017 vs 2022 vs. 2027

Pack materials market size and growth analysis – Middle East & Africa

Change in share in the Middle East & Africa packaging by industries, 2017–27

Americas – key pack materials by volume (units), 2017 vs 2022 vs. 2027

Pack materials market size and growth analysis – Americas

Change in share in the Americas packaging by industries, 2017–27

Western Europe – key pack materials by volume (units), 2017 vs 2022 vs. 2027

Pack materials market size and growth analysis – Western Europe

Change in share in the Western Europe packaging by industries, 2017–27

Eastern Europe – key pack materials by volume (units), 2017 vs 2022 vs. 2027

Pack materials market size and growth analysis – Eastern Europe

Change in share in the Eastern European packaging by industries, 2017–27

Frequently asked questions

Packaging Industry Trends, Opportunities, Growth Analysis and Forecast to 2028 standard reports
Currency USD
$2,450

Can be used by individual purchaser only

Most Popular
$4,900

Can be shared by unlimited users within one corporate location e.g. a regional office

$7,350

Can be shared globally by unlimited users within the purchasing corporation e.g. all employees of a single company

Add to Basket

Undecided about purchasing this report?

Enquire Before Buying Download FREE Resources

Get in touch to find out about multi-purchase discounts

reportstore@globaldata.com
Tel +44 20 7947 2745

Sample Report

Packaging Industry Trends, Opportunities, Growth Analysis and Forecast to 2028 was curated by the best experts in the industry and we are confident about its unique quality. However, we want you to make the most beneficial decision for your business, so we offer free sample pages to help you:

  • Assess the relevance of the report
  • Evaluate the quality of the report
  • Justify the cost

Download your copy of the sample report and make an informed decision about whether the full report will provide you with the insights and information you need.

Below is a sample report to understand what you are buying

See what our customers are saying
testimonial-image
testimonial-image
testimonial-image
testimonial-image
testimonial-image
testimonial-image
testimonial-image

“The GlobalData platform is our go-to tool for intelligence services. GlobalData provides an easy way to access comprehensive intelligence data around multiple sectors, which essentially makes it a one-for-all intelligence platform, for tendering and approaching customers.

GlobalData is very customer orientated, with a high degree of personalised services, which benefits everyday use. The highly detailed project intelligence and forecast reports can be utilised across multiple departments and workflow scopes, from operational to strategic level, and often support strategic decisions. GlobalData Analytics and visualisation solutions has contributed positively when preparing management presentations and strategic papers.”

 Business Intelligence & Marketing Manager, SAL Heavy Lift

“COVID-19 has caused significant interference to our business and the COVID-19 intelligence from GlobalData has helped us reach better decisions around strategy. These two highlights have helped enormously to understand the projections into the future concerning our business units, we also utilise the project database to source new projects for Liebherr-Werk to use as an additional source to pitch for new business.”

 Market Analyst & Management, Liebherr-Werk

Your daily news has saved me a lot of time and keeps me up-to-date with what is happening in the market, I like that you almost always have a link to the source origin. We also use your market data in our Strategic Business Process to support our business decisions. By having everything in one place on the Intelligence Center it has saved me a lot of time versus looking on different sources, the alert function also helps with this.

 Head of Key Accounts, Saab AB

Having used several other market research companies, I find that GlobalData manages to provide that ‘difficult-to-get’ market data that others can’t, as well as very diverse and complete consumer surveys.

 Marketing Intelligence Manager, Portugal Foods

Our experience with GlobalData has been very good, from the platform itself to the people. I find that the analysts and the account team have a high level of customer focus and responsiveness and therefore I can always rely on. The platform is more holistic than other providers. It is convenient and almost like a one stop shop. The pricing suite is highly competitive and value for our organisation.

I like reports that inform new segments such as the analysis on generation Z, millennials, the impact of COVID 19 to our banking customers and their new channel habits. Secondly the specialist insight on affluent sector significantly increases our understanding about this group of customers. The combination of those give us depth and breadth of the evolving market.

I’m in the business of answering and helping people make decisions so with the intelligence center I can do that, effectively and efficiently. I can share quickly key insights that answer and satisfy our country stakeholders by giving them many quality studies and primary research about competitive landscape beyond the outlook of our bank. It helps me be seen as an advisory partner and that makes a big difference. A big benefit of our subscription is that no one holds the whole data and because it allows so many people, so many different parts of our organisation have access, it enables all teams to have the same level of knowledge and decision support.

 Head of Customer Insight and Research, Standard Chartered

“I know that I can always rely on Globaldata’s work when I’m searching for the right consumer and market insights. I use Globaldata insights to understand the changing market & consumer landscape and help create better taste & wellbeing solutions for our customers in food, beverage and healthcare industries.

Globaldata has the right data and the reports are of very high quality compared to your competitors. Globaldata not only has overall market sizes & consumer insights on food & beverages but also provides insights at the ingredient & flavour level. That is key for B2B companies like Givaudan. This way we understand our customers’ business and also gain insight to our unique industry”

 Head of Consumer Sensory Insights, Givaudan

GlobalData provides a great range of information and reports on various sectors that is highly relevant, timely, easy to access and utilise.  The reports and data dashboards help engagement with clients; they provide valuable industry and market insights that can enrich client conversations and can help in the shaping of value propositions. Moreover, using GlobalData products has helped increase my knowledge of the finance sector, the players within it, and the general threats and opportunities.

I find the consumer surveys that are carried out to be extremely beneficial and not something I have seen anywhere else. They provided an insightful view of why and which consumers take (or don’t) particular financial products. This can help shape conversations with clients to ensure they make the right strategic decisions for their business.

One of the challenges I have found is that data in the payments space is often piecemeal. With GD all of the data I need is in one place, but it also comes with additional market reports that provide useful extra context and information. Having the ability to set-up alerts on relevant movements in the industry, be it competitors or customers, and have them emailed directly to me, ensures I get early sight of industry activity and don’t have to search for news.

 Senior Account Manager, TSYS

Related reports

View more Packaging reports
Packaging
New
Innovating for Packaging Regulation: Hot Topic Case Study
$595 | May 2026
Packaging
New
Opportunities in the Turkish Packaging Industry 2026
$1,200 | May 2026
Packaging
New
Opportunities in the South Korean Packaging Industry 2026
$1,200 | May 2026
Go even deeper with GlobalData Intelligence Center

Every Company Report we produce is powered by the GlobalData Intelligence Center.

Subscribing to our intelligence platform means you can monitor developments at Packaging Industry Trends, Opportunities, Growth Analysis and Forecast to 2028 in real time.

  • Access a live Packaging Industry Trends, Opportunities, Growth Analysis and Forecast to 2028 dashboard for 12 months, with up-to-the-minute insights.
  • Fuel your decision making with real-time deal coverage and media activity.
  • Turn insights on financials, deals, products and pipelines into powerful agents of commercial advantage.
Tell me more