Packaging Products Market Report 2025

This Packaging Products market report provides a comprehensive analysis of the market’s characteristics, size, and growth, including segmentation, regional and country-level breakdowns, competitive landscape, market shares, trends, and strategies. It also tracks historical and forecasted market growth across various geographies.

The packaging products market size has grown strongly in recent years. It will grow from $109.99 billion in 2024 to $119.91 billion in 2025 at a compound annual growth rate (CAGR) of 9%. The growth in the historic period can be attributed to environmental awareness, consumer preferences, cost trends, regulatory compliance, brand image and differentiation.

The packaging products market size is expected to see strong growth in the next few years. It will grow to $162.58 billion in 2029 at a compound annual growth rate (CAGR) of 7.9%. The growth in the forecast period can be attributed to sustainability initiatives, e-commerce growth, changing demographics, supply chain resilience, brand transparency. Major trends in the forecast period include personalized and customizable packaging, digital printing technology, recyclable and biodegradable materials, augmented reality packaging, supply chain resilience and packaging safety.

The growth of e-commerce platforms is anticipated to boost the packaging products market in the future. E-commerce (electronic commerce) refers to the buying and selling of products and services, along with the exchange of payments or data, through an electronic network, typically the internet. The rise of e-commerce necessitates a large number of packaging products, as these are essential for transporting items to customers after online purchases. For instance, in November 2023, the International Trade Administration, a US-based government agency, reported that eCommerce revenues in the UK are projected to have an annual average growth rate of 12.6% by 2025. Consumer eCommerce accounted for 36.3% of the UK's overall retail industry, with eCommerce revenue expected to reach $285.6 billion by 2025. Consequently, the expansion of e-commerce platforms is driving the growth of the packaging products market.

The increasing demand for processed foods is likely to further propel the growth of the packaging products market. Processed foods refer to items that have undergone various mechanical, physical, or chemical changes from their original state to make them suitable for consumption. Packaging products play a crucial role in the processed foods sector by preserving freshness, ensuring hygiene, and providing consumer convenience, which enhances the overall appeal and success of these products in the market. For example, in December 2023, the United States Department of Agriculture, a US-based federal agency, reported that the total value of US processed food products exported from the country reached $38.17 billion, marking an increase of 11.20% from $34.24 billion in 2021. In 2022, Canada exported processed food products worth $11.65 billion, while Mexico's exports amounted to $5.65 billion. Therefore, the growing demand for processed foods is fueling the growth of the packaging products market.

The packaging products market is witnessing a significant trend towards product innovations, with major companies actively engaged in the development of groundbreaking solutions to enhance their market positions. As an exemplar, in October 2022, Huhtamaki Oyj, a Finland-based consumer packaging company, introduced ICON packaging. This innovative packaging option, designed specifically for ice cream, is constructed from 95% renewable bio-based material. ICON packaging utilizes pioneering paper technology, making it recyclable in cities across the United States with paper product recycling programs, initially targeting ice cream containers and lids. To further promote awareness and understanding of the sustainability benefits associated with ICON packaging, Huhtamaki leverages Connected Packaging solutions, embedding a QR code into the packaging design. This code directs consumers to the ICON landing page, serving as a comprehensive approach to educate and engage consumers while demonstrating the company's commitment to innovation and environmental responsibility.

Prominent companies within the packaging products market are intensifying their efforts to gain a competitive advantage by placing a heightened emphasis on the introduction of recyclable packaging products. Recyclable packaging products are materials and containers designed to be collected, processed, and reused as raw materials for the production of new packaging or other items. As an example, in August 2023, Amcor PLC, an Australia-based packaging company, unveiled AmFiber Performance Paper Packaging. This novel packaging solution has received pre-qualification from How2Recycle and adheres to repulpability standards for curbside recycling. It is widely recyclable and can be processed in most paper recycling waste streams. AmFiber Performance Paper not only provides enhanced barrier properties and shelf life but is also suitable for various food products. The packaging solution is compatible with existing flexible packaging equipment, achieving machine speeds comparable to plastic-based alternatives, showcasing Amcor's commitment to both sustainability and technological advancements.

In October 2022, Berlin Packaging LLC, a U.S.-based packaging services provider, successfully acquired Bark Packaging Group for an undisclosed sum. This strategic acquisition aims to strengthen Berlin Packaging Group's presence in Northern Europe, enabling the company to expand its range of products and services for clients in the region. Bark Packaging LLC, based in the Netherlands, specializes in providing industrial, flexible, and UN-certified packaging solutions.

Packaging products are materials and containers designed to protect, preserve, and transport goods. They ensure safe handling and storage of items, maintaining their quality and integrity. Additionally, packaging is crucial for branding and marketing, as it influences consumer decisions.

The packaging industry comprises various major types, such as paper and cardboard, rigid plastic, metal, flexible plastic, glass, wood, textiles, and other variations. Cardboard, a sturdy material sourced from wood, is distinct from paper, which is thinner and mainly utilized for writing purposes. Products within these material categories encompass bottles, cans, containers, jars, bags, pouches, and wraps, catering to a wide range of end-users in the food, beverages, healthcare, cosmetics, household items, and chemical industries.

The packaging products market research report is one of a series of new reports that provides packaging products market statistics, including packaging products industry global market size, regional shares, competitors with a packaging products market share, detailed packaging products market segments, market trends and opportunities, and any further data you may need to thrive in the packaging products industry. This packaging products market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Major companies operating in the packaging products market include Aetna Group, International Paper Co, Ball Corporation, Amcor plc, Berry Global plc, Tetra Pak Inc., Crown Holdings Inc., Stora Enso Oyj, Mondi plc, Graphic Packaging Holding Company, Avery Dennison Corporation, Packaging Corporation of America, Owens-Illinois Group Inc., Sealed Air Corp, Huhtamaki Oyj, Krones Group, Reynolds Group Inc., Coesia Group, Marchesini Group, Gerresheimer AG, Yunnan Energy New Material Co Ltd., Adelphi Group of Companies, Oliver Packaging & Equipment Company, Sun Packaging Technologies Inc., Merlin Packaging Technologies, Graham Packaging Company, Bosch Packaging Technology, Fuji Machinery Co Ltd.

Asia-Pacific was the largest region in the packaging products market in 2024. Asia-Pacific is expected to be the fastest-growing region in the global packaging products market report during the forecast period. The regions covered in the packaging products market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the packaging products market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The packaging products market consists of sales of paperboard, steel, and aluminum packaging products. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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