IMARC Group’s latest research report, titled “FMCG Packaging Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027,” offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.
The global FMCG packaging market reached a value of US$ 672.5 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 901.2 Billion by 2027 exhibiting a CAGR of 4.70% during 2022-2027.
Fast-moving consumer goods (FMCG), also known as consumer-packaged goods (CPG), refer to a set of high-demand products sold at a relatively low cost. Some of the most commonly sold FMCG items include frozen food, dry goods, baked goods, vegetables, fruits, toiletries, beverages, and processed food. These products are packed with varying materials, including plastic, metal, glass, bio-plastics, boxes, and paperboard, to protect the product from contamination and eliminate the growth of microorganisms. This packaging also helps manufacturers to ensure longer shelf life, maintain the quality of goods, and market their brands through personal packaging. Owing to these properties, there is an escalating demand for high-quality packaging solutions across the food and beverage (F&B) and various end-use industries.
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Important Attribute and highlights of the Report:
- Detailed analysis of the global market share
- Market Segmentation by packaging type, material and end use industry and region.
- Historical, current, and projected size of the market in terms of volume and value
- Latest industry trends and developments
- Competitive Landscape for FMCG Packaging Market
- Strategies of major players and product offerings
The market is primarily driven by the widespread adoption of various protective packaging materials across the cosmetic, personal care, pharmaceuticals, and food and beverages (F&B) industries for maintaining product quality and efficacy while increasing their shelf life. In addition, FMCG companies are adopting modern technologies to introduce innovative packaging solutions with enhanced quality that also preserve the nutritional value of the product, representing another major growth-inducing factor. Along with this, with the sudden outbreak of the coronavirus disease (COVID-19) pandemic, consumers are widely opting for online e-commerce and retailing distribution channels for shopping necessity products, which is augmenting the market growth. Moreover, the rising environmental consciousness has also prompted beverage manufacturers to use recyclable pouches and aluminum cans as they are lightweight, stackable, strong, and sustainable in nature. Furthermore, the increasing strategic collaborations between the leading market players for introducing aesthetically appealing and personalized packaging solutions are also propelling market growth.
Key Players Included in Global Research Report:
- Albéa Group
- Amcor plc
- AptarGroup Inc.
- Ball Corporation
- Berry Global Inc.
- Consol Glass (Pty) Ltd
- Crown Holdings Inc.
- DS Smith PLC
- Graham Packaging Company
- Sealed Air Corporation
- Sonoco Products Company
- Tetra Pak International S.A.
- Toyo Seikan Group Holdings Ltd.
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COVID-19 Impact Overview:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Breakup by Packaging Type:
- Flexible Packaging
- Rigid Packaging
Breakup by Material:
The Breakup by End Use Industry:
- Food and Beverages
- Cosmetic and Personal Care
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
TOC for the FMCG Packaging Market Research Report:
- Scope and Methodology
- Executive Summary
- Global FMCG Packaging Market
- SWOT Analysis
- Value Chain Analysis
- Price Analysis
- Competitive Landscape
Who we are:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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