The world economy has proved to be most fragile in recent times with growth in developed countries being rather pedestrian, resulting in the hope of new volumes being found in developing markets. As such, the health of the packaging industry is l ....see more
The nutraceutical packaging market is expected to grow from USD 3.4 billion in 2023 to USD 4.2 billion by 2028, at a CAGR of 4.7% during the forecast period. New product launches and expansions are the major growth strategies adopted by the key players in the market. The key global players in the nutraceutical packaging market include are Glenroy, Inc. (US), Berry Global Inc. (US), MOD-PAC Corporation (US), MJS Packaging (US), JohnsByrne Company (US), Amcor PLC (Australia), Amgraph Packaging, Inc., Birchwood Contract Manufacturing (US), Syntegon Packaging Technology GmbH (Germany), and Comar Packaging Solutions (US).
The e-commerce packaging market is expected to grow from USD 69.3 billion in 2023 to USD 111.9 billion by 2028, at a CAGR of 10.0% during the forecast period. The E-Commerce packaging Market comprises major players such as International Paper (US), Amcor Limited (Australia), Mondi Group (UK), DS Smith (UK), Smurfit Kappa Group (Ireland), and others are covered in the E-Commerce packaging market. Expansions, acquisitions, joint ventures, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the E-Commerce Packaging Market.
The barrier films market is expected to grow from USD 34.1 billion in 2023 to USD 45.1 billion by 2028, at a CAGR of 5.7% during the forecast period. The barrier films market comprises major players such as Berry Global Inc. (US), Amcor Plc (Australia), Sealed Air (US), Toppan Printing Co., Ltd. (Japan), Cosmo Films Ltd. (India), Jindal Poly Films Ltd. (India), Dupont Teijin Films (US) and Uflex Ltd. (India) are covered in the barrier films market. Expansions, acquisitions, joint ventures, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the barrier films market.
The paper straw market is expected to grow from USD 4.9 billion in 2023 to USD 11.5 billion by 2028, at a CAGR of 18.9% during the forecast period. Companies such Hoffmaster Group Inc. (US), Transcend Packaging Ltd. (UK), Huhtamaki Oyj (Finland), Footprint (US), Fuling Global Inc. (China), Bygreen (Australia), Biopak (Australia), Soton Daily Necessities Co., Ltd. (China), and Canada Brown Eco Products Ltd (Canada) , Nippon Paper Industries Co Ltd (Japan) are the key players operating in the paper straw market. Expansions, contracts, new product developments, and acquisitions are some of the major strategies adopted by these key players to enhance their positions in the paper straw market.
The aluminum foil packaging market is expected to grow from USD 21.7 billion in 2023 to USD 27.9 billion by 2028, at a CAGR of 4.3% during the forecast period. The leading players in the Aluminum Foil Packaging Market are RUSAL (Russia), Hindalco Industries Ltd. (India), China Hongqiao Group Limited (China), AMCOR Ltd. (Switzerland), GARMCO (Bahrain), Pactiv Evergreen Inc. (US), Hulamin (South Africa), Constantia Flexibles Group GmbH (Austria), Aluflexpack ag (Switzerland), Penny Plate LLC. (US).
The flexible plastic packaging market is expected to grow from USD 182.4 billion in 2022 to USD 264.9 billion by 2030, at a CAGR of 4.8% during the forecast period. The Flexible plastic packaging Market comprises major players such as Huhtamaki Oyj (Finland), Berry Global Group Inc. (US), Amcor Limited. (Australia), Mondi Group. (UK), Sonoco Products Company (US), Westrock Company (US), Constantia Flexibles (Austria), Sealed Air Corporation (US), Transcontinental Inc (Canada), DS Smith (UK), and others are covered in the Flexible plastic packaging market. Expansions, acquisitions, joint ventures, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the Flexible plastic packaging Market.
The sustainable pharmaceutical packaging market is expected to grow from USD 71.6 billion in 2022 to USD 146.3 billion by 2027, at a CAGR of 15.4% during the forecast period. The key players in the pharmaceutical packaging market include Schott AG (Germany), Amcor PLC (Switzerland), AptarGroup,Inc (US), West Pharmaceutical Services, Inc. (US), Berry Global (US), Gerresheimer AG (Germany), Catalent,Inc (US), and WestRock (US). These players have established a strong foothold in the market by adopting strategies, such as new product launches, investment & expansions, agreements, partnerships, and mergers & acquisitions.
The molded pulp packaging market is expected to grow from USD 4.6 billion in 2022 to USD 5.7 billion by 2027, at a CAGR of 4.3% during the forecast period. Molded pulp packaging market comprises major players such as players Huhtamaki Oyj (Finland), Bordrene Hartmann A/S (Denmark), Genpack LLC(US), James Cropper 3D products Ltd., PrimWare-by Prim Link Solutions (US), Sonoco Products Co. (US) and UFP Technologies (US), Sabert Corporation(US), Fabri-Kal(US), Pro-Pac Packaging(Australia), and others are covered in the molded fiber pulp packaging market. Expansions, acquisitions, joint ventures, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the Molded pulp packaging Market.
The rigid plastic packaging market is expected to grow from USD 207.8 billion in 2022 to USD 262.5 billion by 2027, at a CAGR of 4.7% during the forecast period. Amcor Plc(Switzerland), SIG Berry Global Group Inc.(US), Pactiv LLC(US), Silgan Holdings Inc.(US), Sonoco Products Company(US), DS Smith Plc(UK), ALPLA(Austria), Takween Advanced Industries(Saudi Arabia), SABIC.( (Saudi Arabia)), Al Jabri Plastic Factory(UAE), Nuplas Industries Ltd.(UAE), Altium Packaging LP (US)and Plastipak Holdings, Inc.(US) among others are the key players operating in the Rigid plastic packaging market . Acquisitions, expansions, contracts, agreements & partnerships, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the Rigid plastic packaging market
The market for flexible packaging is projected to reach USD 315.5 billion by 2027, at a CAGR of 4.8% during the forecast period. The Flexible Packaging Market comprises major players such as Huhtamaki Oyj (Finland), Berry Global Group Inc. (US), Amcor Limited. (Australia), Mondi Group.(UK), Sonoco Products Company (US), Westrock Company (US), Constantia Flexibles (Austria), Sealed Air Corporation (US), Transcontinental Inc (Canada), DS Smith (UK), and others are covered in the flexible packaging market. Expansions, acquisitions, joint ventures, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the Flexible Packaging Market.
The pharmaceutical packaging market is expected to grow from USD 99.9 billion in 2021 to USD 229.9 billion by 2027, at a CAGR of 14.9% during the forecast period. The key players in the pharmaceutical packaging market include Schott AG (Germany), Amcor PLC (Switzerland), AptarGroup,Inc (US), West Pharmaceutical Services, Inc. (US), Berry Global (US), Gerresheimer AG (Germany), Catalent,Inc (US), and WestRock (US). These players have established a strong foothold in the market by adopting strategies, such as new product launches, investment & expansions, agreements, partnerships, and mergers & acquisitions.
The stand-up pouches market is expected to grow from USD 24.8 billion in 2022 to USD 36.7 billion by 2027, at a CAGR of 8.1% during the forecast period. The leading players in the stand-up pouches market are Amcor Plc (Switzerland), Berry Global Inc (US), Mondi (US), Sealed Air (US), Smurfit Kappa (Ireland), Coveris (Austria), ProAmpac (US), Huhtamaki (Finland), Sonoco (US), Constantia Flexibles (Austria), and others.
The food packaging films market is expected to grow from USD 49.8 billion in 2021 to USD 72.3 billion by 2027, at a CAGR of 6.4% during the forecast period. Major players operating in the tile & stones adhesives include Amcor plc (Australia), Berry Global (US), Coveris (Austria), DS Smith (UK), Sealed Air Corporation (US), Graphic Packaging Holding Company (US), Charter Next Generation (US), Mondi Group (UK), DuPont Teijin Films (Japan), and WestRock (US).
The market size for global digital printing packaging market size is projected to reach USD 45.1 billion by 2027, at a CAGR of 8.9% during the forecast period. The digital printing packaging market comprises major solution providers, Huhtamaki (Finland), Constantia Flexibles (Austria), Quad/Graphics, Inc. (US), THIMM The Highpack Group (Germany), Printpack (US), DS Smith (UK), Smurfit Kappa (Ireland), Krones AG (Germany), CCL Industries Inc. (Canada) and ePac Holdings, LLC. (US) among others. The study includes an in-depth competitive analysis of these key players in the digital printing packaging market, with their company profiles, and key market strategies.
The biodegradable films market is expected to grow from USD 1.0 billion in 2021 to USD 1.4 billion by 2026, at a CAGR of 7.2% during the forecast period. BASF SE (Germany), Futamura Chemical Co. Ltd. (Japan), Taghleef Industries (UAE), Walki Group Oy (Finland), Kingfa Sci. & Tech. Co., Ltd. (China), BioBag Americas, Inc. (US), Avery Dennison Corporation (US), Plascon Group (US), Bi-Ax International Inc. (Canada), Cortec Corporation (US), Clondalkin Group (Netherlands), TRIOWORLD INDUSTRIER AB (Sweden), Groupe Barbier (France), Paco Label (US), Layfield Group (Canada), and Polystar Plastics Ltd. (UK) are the key players in biodegradable films market.
The corrugated boxes market is expected to grow from USD 67.6 billion in 2021 to USD 80.8 billion by 2026, at a compound annual growth rate (CAGR) of 3.6% during the forecast period.The key players Rengo Co., Ltd. (Japan), Mondi Group (UK), DS Smith (UK), Smurfit Kappa Group (Ireland), and International Paper (US)
The global flexible paper packaging market is expected to grow from USD 64.4 billion in 2021 to USD 79.1 billion by 2026, at a compound annual growth rate (CAGR) of 4.2% during the forecast period. The key players Amcor Limited (Australia), Mondi Group (UK), Sonoco Products Company (US), Sealed Air Corporation (US), Huhtamaki OYJ (Finland), Sappi Global (South Africa), DS Smith (UK), Coveris Holding SA (UK), Sabert (US), Wihuri (Finland)
The anti-counterfeit packaging market is expected to grow from USD 117.2 billion in 2021 to USD 211.3 billion by 2026, at a CAGR of 12.5% during the forecast period. The major players include Avery Dennison (US), CCL Industries Inc. (Canada), 3M Company (US), DuPont (US), Zebra Technologies Corporation (US), SICPA Holding SA (Switzerland), AlpVision S.A (Switzerland), Applied DNA Sciences Inc. (US), Savi Technology, Inc. (US), and Authentix, Inc. (US). Companies have adopted strategies such as new product launches, expansions & investments, and acquisitions to cope with the increasing demand in the emerging markets.
The global self-adhesive labels market is expected to grow from USD 47.9 billion in 2021 to USD 62.3 billion by 2026, at a compound annual growth rate (CAGR) of 5.4% during the forecast period.The key players CCL Industries Inc. (Canada), Avery Dennison Corporation (US), Multi-Color Corporation (US), Coveris Holdings S.A. (Austria), Huhtamaki OYJ (US), and Fuji Seal International (Japan)
The paper & paperboard packaging market is expected to grow from USD 199.8 billion in 2021 to USD 254.5 billion by 2026, at a CAGR of 5.0% during the forecast period. International Paper (US), Amcor plc (Switzerland), WestRock Company (US), Mondi Group (UK), and DS Smith (UK) are the leading Paper & paperboard packaging manufacturers, globally.
The Stretch Sleeve & Shrink Sleeve Labels Market size is projected to reach USD 18.9 billion by 2026, at a CAGR of 5.6% during the forecast period. Berry Global Inc. (US), CCL Industries Inc. (Canada), Huhtamaki Oyj (Finland), Klöckner Pentaplast (England), and Fuji Seal International (Japan) are the key players operating in the stretch sleeve & shrink sleeve labels market.
The protective packaging market is expected to grow from USD 29.8 billion in 2021 to USD 38.8 billion by 2026, at a CAGR of 5.4% during the forecast period. The key players in the protective packaging market are Smurfit Kappa (Ireland), Sealed Air Corporation (US), Sonoco (US), Huhtamaki (Finland), DOW (US), and others. The protective packaging market report analyzes the key growth strategies adopted by the leading market players, between 2016 and 2021, which include expansions, mergers & acquisition, new product developments/launch, and collaborations.
The caps & closures market size is projected to reach USD 85.0 billion by 2026, at a CAGR of 5.5% during the forecast period. RPC Group PLC (UK), Crown Holdings Incorporation (US), Amcor Limited Plc (Australia), Rexam PLC (UK), Berry Plastics Corporation (US), Silgan Holdings Inc. (US), AptarGroup Incorporated (US), and Guala Closures Group (Italy) are the key players operating in the caps & closures market. These companies have adopted several growth strategies to strengthen their position in the market. Expansion, new product development, merger & acquisition, and collaboration are the key growth strategies adopted by these players to enhance their product offering & regional presence to meet the growing demand for to caps & closures from emerging economies.
The global returnable packaging market is expected to grow from USD 104.9 billion in 2021 to USD 141.7 billion by 2026, at a compound annual growth rate (CAGR) of 6.2% during the forecast period. The major players are, Brambles (Australia), Schoeller Allibert (Netherlands), Menasha Corporation (US), DS Smith (UK), and Myers Industries (US)
The global linerless labels market is expected to grow from USD 1.7 billion in 2021 to USD 2.2 billion by 2026, at a CAGR of 4.8% during the forecast period. 3M (US), CCL Industries Inc (Canada), R.R. Donnelley & Sons Company (US), Avery Dennison Corporation (US), and Multi-Color Corporation (US), amongst others, are the key players operating in the linerless labels market.
The flexible plastic pouches market is expected to grow from USD 53.7 billion in 2021 to USD 73.5 billion by 2026, at a compound annual growth rate (CAGR) of 6.5% during the forecast period.Berry Global Inc. (US), Mondi (UK), Huhtamaki (Finland), Sealed Air Corp. (US), Sonoco Products Company (US), Smurfit Kappa (Ireland), Amcor Plc (Switzerland), Gogllio SpA (Italy), Constantia Flexibles (Austria), and ProAmpac (US)
The aerosol cans market is expected to grow from USD 10.2 billion in 2021 to USD 12.2 billion by 2026, at a compound annual growth rate (CAGR) of 3.7% during the forecast period.Ball Corporation (US), Trivium Packaging (US), Crown (US), Mauser Packaging Solutions (US), Toyo Seikan Co. Ltd. (Japan), Nampak Ltd. (South Africa) CCL Container (US), Colep (Portugal), CPMC Holdings Ltd. (China), Guangdong Sihai Iron-Printing and Tin-Making Co.,Ltd. (China), and others are the key players operating in the aerosol cans market.
The Temperature Controlled Packaging Solutions Market is expected to grow from USD 34.4 billion in 2021 to USD 80.1 billion by 2026, at a CAGR of 18.4% during the forecast period. The leading players in the TCP market are Sonoco Products Company (US), Cold Chain Technologies, LLC (US), Va-Q-Tec AG (Germany), Pelican BioThermal LLC (US), Softbox Systems (UK), Sofrigam SA (France), DGP Intelsius GMBH (UK), Inmark, LLC (US), Envirotainer AB (Sweden), Fedex Corporation (US) and Amerisourcebergen Corporation (US).
The Tube packaging Market is expected to grow from USD 9.5 billion in 2021 to USD 13.0 billion by 2026, at a CAGR of 6.6% during the forecast period. Amcor (Switzerland), Albea Group (France), Essel Propack Limited (India), Hoffman Neopack AG (Switzerland), and Huhtamaki Oyj (Finland), are the leading tube packaging manufacturers, globally.
The Blister Packaging Market is expected to grow from USD 24.1 billion in 2020 to USD 34.1 billion by 2025, at a CAGR of 7.2% during the forecast period. Amcor Plc (Switzerland), DOW (US), WestRock Company (US), Sonoco Products Company (US), Constantia Flexibles (Austrai), Klockner Pentaplast Group (Germany), E.I. du Pont de Nemours and Company (US), Honeywell International Inc. (US), Tekni-Plex (US), and Display Pack (US) are the key players operating in the blister packaging market.
The cooler box market is expected to grow from USD 4.6 billion in 2020 to USD 8.1 billion by 2025, at a compound annual growth rate (CAGR) of 12.1% during the forecast period.Sonoco ThermoSafe (US), B Medical Systems (Luxembourg), Blowkings (India), ISONOVA (Italy), Eurobox Logistics (Romania), Softbox Systems Ltd. (UK), va-Q-tec AG (Germany), Coldchain Technologies, Inc. (US), Sofrigam Group (France) and FEURER GmbH (Germany).
The global technical textile market is expected to grow from USD 164.6 billion in 2020 to USD 222.4 billion by 2025, at a compound annual growth rate (CAGR) of 6.2% during the forecast period.Asahi Kasei (Japan), Kimberly Clarke (US), Berry Global Group (US), DuPont (US), Mitsui Chemicals (Japan), Freudenberg & Co. (Germany), Low & Bonar (UK), Huntsman (US), Toyobo Co. (Japan), Milliken & Company (US), SRF Limited (India), Koninklijke Ten Cate (Netherlands), and International Textile Group (US).
The Corrugated Bulk Bins Market is expected to grow from USD 11.6 billion in 2020 to USD 15.4 billion by 2025, at a CAGR of 4.2% during the forecast period. WestRock Company (US), International Paper Company (US), Mondi (Austria), Sonoco (US), and Greif Inc. (US) are the key players operating in the corrugated bulk bins market. Expansions & investments, acquisitions, agreements, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the corrugated bulk bins market.
The metalized flexible packaging market is expected to grow from USD 4.5 billion in 2020 to USD 5.8 billion by 2025, at a compound annual growth rate (CAGR) of 5.3% during the forecast period.Major companies such as Amcor Limited (Australia), Mondi Group (UK), Sealed Air Corp. (US), Sonoco Products Company (US), Polyplex Corporation Limited (India), Huhtamaki (Finland), Transcontinental Inc. (Canada) and Cosmo Films Ltd. (India) and among others
The packaging printing market is expected to grow from USD 352.1 billion in 2020 to USD 433.4 billion by 2025, at a compound annual growth rate (CAGR) of 4.2% during the forecast period.Mondi plc (Austria), Sonoco Products Company (US), Graphics Packaging Holding Company (US), Quad/Graphics (US), Amcor Limited (Australia), Constantia Flexibles (Austria), Quantum Print and Packaging Limited (UK), WS Packaging Group (US), Toppan Printing Company (Japan), and Duncan Printing Group (UK).
The global fresh food packaging market size is projected to reach USD 94.7 billion by 2025, at a CAGR of 3.5% during the forecast period. Amcor PLC (Australia), International Paper Company (US), WestRock Company (US), Sealed Air Corporation (US), Smurfit Kappa (Ireland), Coveris (Vienna), Dupont (US), DS Smith PLC (UK), Mondi PLC (South Africa) and Silgan Holdings Inc. (US) are the leading fresh food packaging manufacturers, globally.
The global insulated packaging market is expected to grow from USD 11.4 billion in 2020 to USD 15.8 billion by 2025 at a compound annual growth rate (CAGR) of 6.7% during the forecast period.Deutsche Post DHL (Germany), E. I. Du Pont De Nemours and Co. (US), Amcor Limited (Australia), Sonoco Products Company (US), and Huhtamaki OYJ (Finland) are the leading insulated packaging manufacturers, globally.
The aluminum caps & closures market is expected to grow from USD 6.2 billion in 2020 to USD 7.6 billion by 2025, at a compound annual growth rate (CAGR) of 3.9% during the forecast period.Crown Holding (US), Silgan Holdings (US), Amcor (Australia), Guala Closure (Luxembourg), Alcopack (Germany), Herti JSC (Bulgaria), Torrent Closures (Spain), Cap & Seal Pvt Ltd (India), and Federfin Tech S.R.L (Italy) are the leading players in the aluminum caps & closures market. Other players include Osias Berk (US), ITC Packaging (US), DYZDN Metal Packaging (China), Shangyu Sanyou Electro-Chemical Aluminium Products (China), Alameda Packaging (US), EMA Pharmaceuticals (France), Alupac-India (India), Alutop (India), Helicap Closures (China)
The global multiwall bags market size is projected to reach USD 14.4 billion by 2025, at a CAGR of 3.5% during the forecasting period. Mondi Group (Austria), Berry Global Inc. (US), Sonoco Products Company (US), Hood Packaging Corporation (US), El Dorado Packaging, Inc. (US), Lincon Polymers Pvt. Ltd. (India), ProAmpac Holdings Inc. (US), Global-Pak, Inc. (US), LC Packaging (Netherlands), NNZ Group (Netherlands), Manyan Inc (Canada), United Bags, Inc. (US), Langston Companies, Inc. (US), Material Motion, Inc. (US), Commercial Packaging (US), MIDCO Global (US), Trombini (Brazil), San Miguel Yamamura Woven Products sdn bdh (Philippines), Oji Fibre Solutions (NZ) Ltd. (New Zealand), Nebig Verpakkingen BV (Netherlands), Sanghavi Global (India), Premier Polymer (India), Napco National (Saudi Arabia), Corman Bag (US), and Bag Supply Company, Inc. (US), among others are the key players operating in the multiwall bags market. Expansions & investments, acquisitions, partnerships, and new product developments are some of the significant strategies adopted by these key players to enhance their positions in the multiwall bags market.
The global plastic caps and closures market size is projected to reach USD 57.0 billion by 2025, at a CAGR of 5.2% during the forecasting period. Major players operating in the global plastic caps & closures market include Berry Group (US), Crown Holding (US), AptarGroup (US), Amcor (Australia), Coral Products (UK), BERICAP (Germany), Silgan Holdings (US), O.Berk Company, LLC (US), Guala Closures (Italy), United Caps (Luxembourg), Caps & Closures Pty Ltd. (Australia), Caprite Australia Pty Ltd. (Australia), Pano Cap (Canada) Limited (Canada), Plastic Closures Ltd. (UK), Cap & Seal Pvt. Ltd. (India), Phoenix Closures (US), Alupac India (India), Hicap Closures (China), MJS Packaging (US), J.L. Clark (US), TriMas (US), and Comar, LLC (US).
The sterile medical packaging market size is expected to be reach USD 57.7 billion by 2025, at a CAGR of 9.4% during the forecasting period. Key players in the sterile medical packaging market, namely, Amcor Limited (Australia), Dupont De Nemours, Inc. (US), 3M Company (US), West Pharmaceutical Services, Inc. (US), and Sonoco Products Company (US), are considered for the study.
The global industrial packaging market size is expected to reach a value of USD 72.6 billion by 2025, at a CAGR of 4.3% during the forecasting period. Greif Inc. (US), Amcor (Australia), Berry Global Inc. (US), Mondi (Austria), Sonoco (US), and Mauser Packaging Solutions (Germany) are the key players operating in the industrial packaging market. Expansions & investments, acquisitions, agreements, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the industrial packaging market.
The Dual Chamber Prefilled Syringes Market is expected to grow from USD 131 million in 2020 to USD 182 million by 2025, at a CAGR of 6.8% during the forecast period. Nipro Corporation (Japan), Gerresheimer AG (Germany), Vetter Pharma (Germany), Credence Medsystems (US), MAEDA INDUSTRY (Japan), and Arte Corporation (Japan) are the key players operating in the Dual Chamber syringes market. Expansions and new product development are the major strategy adopted players to enhance their positions in the Dual Chamber syringes market.
The global nonwoven fabrics market size is expected to grow USD 53.5 billion by 2025, at a CAGR of 5.7% during the forecasting period. Ahlstrom-Munksjo (Finland), Berry Global Inc. (US), Kimberly-Clark Corporation (US), Asahi Kasei Corporation (Japan), Toray Industries Inc. (Japan), Freudenberg Group (Germany), and Lydall, Inc. (US) are the key players operating in the nonwoven fabrics market. Expansions & investments, mergers & acquisitions, joint ventures & agreements, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the nonwoven fabrics market.
The BOPP Films Market is expected to grow from USD 24.2 billion in 2020 to USD 31.4 billion by 2025, at a CAGR of 5.3% during the forecast period. C Cosmo Films (India), Taghleef Industries (UAE), CCL Industries (Canada), Jindal Poly Films (India), Inteplast Group (US), and Polibak (Turkey) are the key players operating in the BOPP films market. Expansions & investments, and acquisitions are some of the significant strategies adopted by these key players to enhance their positions in the BOPP films market.
The sustainable plastic packaging market is expected to grow from USD 84.0 billion in 2020 to USD 117.3 billion by 2025 at a compound annual growth rate (CAGR) of 5.6% during the forecast period.Amcor PLC (Australia) is a global packaging manufacturer that offers innovative and sustainable packaging solutions Market. The key players in the sustainable plastic packaging market included in this report are Amcor PLC (Australia), Sonoco Products Company (US), Sealed Air Corporation (US), Huhtamaki OYJ (Finland), Smurfit Kappa Group PLC (US), Mondi Group (South Africa), Uflex Ltd. (India), Berry Global Inc. (US), Constantia Flexibles (Austria), and AptarGroup (US). Acquisitions and new product developments are some of the major strategies adopted by these key players to enhance their positions in the sustainable plastic packaging market.
The COVID-19 Impact on packaging market is expected to grow from USD 909.2 billion in 2019 to USD 1,012.6 billion by 2021 at a compound annual growth rate (CAGR) of 5.5% during the forecast period.Companies, such as Amcor (Australia), Ball Corporation (US), Bizongo (India), International Paper (US), Tetra Pak (Switzerland), Berry Global Inc. (US), DS Smith Plc (UK), Mondi Group (Austria), Macfarlane Group Plc (UK) and Smurfit Kappa (Ireland) are operating in the packaging market. They have adopted short, mid, and long-term growth strategies such as donations, increased production, partnerships, innovations, etc. to serve their customers efficiently and increase their future market shares.
The pet food packaging market is expected to grow from USD 10.2 billion in 2020 to USD 12.5 billion by 2025 at a compound annual growth rate (CAGR) of 4.2% during the forecast period.The global pet food packaging market comprises major manufacturers, such as Amcor Plc (Australia), Mondi Plc (South Africa), Sonoco Products Company (US), Constantia Flexibles (Austria), and Huhtamaki OYJ (Finland).
The Retort Packaging Market is expected to grow from USD 3.5 billion in 2020 to USD 4.5 billion by 2025, at a CAGR of 5.1% during the forecast period. Amcor PLC (Australia), Berry Global Inc. (US), Sonoco (US), Huhtamaki Oyj (Finland), Mondi Group (South Africa), and Coveris (Us) are the key players operating in the retort packaging market. Expansions, acquisitions, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the cosmetic packaging market.
The cosmetic packaging market is expected to grow from USD 49.4 billion in 2020 to USD 60.9 billion by 2025, at a compound annual growth rate (CAGR) of 4.03% during the forecast period.Key players, such as Amcor PLC (Australia), Berry Global Inc. (US), Sonoco (US), Albea SA (France), HCP Packaging (China), AptarGroup, Inc. (US), and Huhtamaki Oyj (Finland) have adopted these strategies to strengthen their product portfolios, expand their market presence, and enhance their growth prospects in the cosmetic packaging market.