Market Overview:
The global composite packaging market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for lightweight and durable packaging solutions across various industries. In addition, the growing trend of using sustainable and environment-friendly materials is also contributing to the growth of the global composite packaging market. The aluminum foil composite segment is projected to grow at a CAGR of 6.0% from 2018 to 2030, owing to its properties such as high strength-to-weight ratio, corrosion resistance, and thermal insulation properties.
Product Definition:
Composite packaging is a type of packaging that combines two or more materials to create a single product. The most common composite materials are paper and plastic, but other combinations can include metal and plastic, or cardboard and foam. Composite packaging is important because it offers several advantages over traditional packaging methods. First, it is lightweight and easy to transport, which reduces shipping costs. Second, it is durable and can withstand the rigors of shipping without breaking or becoming damaged. Third, it is versatile and can be used for a variety of products.
Aluminum Foil Composite:
Aluminum foil composite is a material made by bonding thin aluminum sheets together. It has several superior properties such as high thermal conductivity, low density, and excellent electrical resistivity. Aluminum foil composites are widely used in food packaging applications owing to their ability to provide protection from aroma and taste of the packaged contents.
Aluminum-Plastic Composite:
Aluminum-plastic composites (APC) are a new type of material that consists of plastic and aluminum. The unique properties of plastic and aluminum make them the most suitable raw materials for producing composite packaging solutions. Plastic provides strength, stiffness, durability, impact resistance to the composite while aluminum provides ductility toughness & weight reduction along with corrosion resistance to the finished product.
Composite packaging products made from APC offer high strength.
Application Insights:
The food and beverage industry accounted for the largest market share in 2017. The application of composites in this industry has witnessed a rise due to its rising demand for sustainable packaging solutions that are capable of providing protection from external environmental factors, such as temperature, pressure, vibration and shock. Composite packaging products used in the food & beverage industry include kraft paper aluminum foil composite and aluminum-plastic composite.
Industrial goods segment is expected to expand at a CAGR of XX% over the forecast period owing to increasing demand from various industries including electrical equipment manufacturing, medical equipment manufacturing and transportation systems manufacturing among others which require durable industrial storage boxes with customized designs according to their requirements along with excellent thermal insulation properties required for protecting contents against high temperatures inside the box without affecting its appearance or quality.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising disposable income, increasing population, and growing demand for packaged food. China is one of the largest producers as well as consumers of composite packaging materials in this region. Increasing investments by governments in developing countries such as India are also contributing toward regional growth.
The European market was valued at USD X million in 2017 and is projected to grow at a CAGR of XX% from 2018 to 2030 owing to high consumption levels coupled with stringent regulations regarding environmental protection from member states such as Germany and France among others pertaining to other developed economies including U.K.
Growth Factors:
- Increasing demand for lightweight and durable packaging solutions from end-use industries such as food & beverage, pharmaceuticals, and cosmetics.
- Rising popularity of composite packaging among consumers due to its environmental benefits over traditional packaging materials such as glass and metal cans.
- Growing demand for sustainable and recyclable packaging solutions across the globe.
- Proliferation of e-commerce industry that has led to an increase in the demand for customized and lightweight composite packages.
Scope Of The Report
Report Attributes
Report Details
Report Title
Composite Packaging Market Research Report
By Type
Aluminum Foil Composite, Aluminum-Plastic Composite, Kraft Paper Aluminum Foil Composite, Other
By Application
Food And Beverage Industry, Industrial Goods Industry, Healthcare Industry, Other
By Companies
Amcor, Crown Holdings, DS Smith, Mondi, Smurfit Kappa, Sonoco, Universal Packaging, Najmi Industries, Sealed Air, SOTA Packaging, Amcor
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
138
Number of Tables & Figures
97
Customization Available
Yes, the report can be customized as per your need.
Global Composite Packaging Market Report Segments:
The global Composite Packaging market is segmented on the basis of:
Types
Aluminum Foil Composite, Aluminum-Plastic Composite, Kraft Paper Aluminum Foil Composite, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food And Beverage Industry, Industrial Goods Industry, Healthcare Industry, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Amcor
- Crown Holdings
- DS Smith
- Mondi
- Smurfit Kappa
- Sonoco
- Universal Packaging
- Najmi Industries
- Sealed Air
- SOTA Packaging
- Amcor
Highlights of The Composite Packaging Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Aluminum Foil Composite
- Aluminum-Plastic Composite
- Kraft Paper Aluminum Foil Composite
- Other
- By Application:
- Food And Beverage Industry
- Industrial Goods Industry
- Healthcare Industry
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Composite Packaging Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Composite packaging is a type of packaging that combines multiple types of materials to create an overall product. This can be done in a variety of ways, but the most common is to combine plastic with paper or cardboard.
Some of the major players in the composite packaging market are Amcor, Crown Holdings, DS Smith, Mondi, Smurfit Kappa, Sonoco, Universal Packaging, Najmi Industries, Sealed Air, SOTA Packaging, Amcor.
The composite packaging market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Composite Packaging Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Composite Packaging Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Composite Packaging Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Composite Packaging Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Composite Packaging Market Size & Forecast, 2020-2028
4.5.1 Composite Packaging Market Size and Y-o-Y Growth
4.5.2 Composite Packaging Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Aluminum Foil Composite
5.2.2 Aluminum-Plastic Composite
5.2.3 Kraft Paper Aluminum Foil Composite
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Food And Beverage Industry
6.2.2 Industrial Goods Industry
6.2.3 Healthcare Industry
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Composite Packaging Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Composite Packaging Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Aluminum Foil Composite
9.6.2 Aluminum-Plastic Composite
9.6.3 Kraft Paper Aluminum Foil Composite
9.6.4 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Food And Beverage Industry
9.10.2 Industrial Goods Industry
9.10.3 Healthcare Industry
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Aluminum Foil Composite
10.6.2 Aluminum-Plastic Composite
10.6.3 Kraft Paper Aluminum Foil Composite
10.6.4 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Food And Beverage Industry
10.10.2 Industrial Goods Industry
10.10.3 Healthcare Industry
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Aluminum Foil Composite
11.6.2 Aluminum-Plastic Composite
11.6.3 Kraft Paper Aluminum Foil Composite
11.6.4 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Food And Beverage Industry
11.10.2 Industrial Goods Industry
11.10.3 Healthcare Industry
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Aluminum Foil Composite
12.6.2 Aluminum-Plastic Composite
12.6.3 Kraft Paper Aluminum Foil Composite
12.6.4 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Food And Beverage Industry
12.10.2 Industrial Goods Industry
12.10.3 Healthcare Industry
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Aluminum Foil Composite
13.6.2 Aluminum-Plastic Composite
13.6.3 Kraft Paper Aluminum Foil Composite
13.6.4 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Food And Beverage Industry
13.10.2 Industrial Goods Industry
13.10.3 Healthcare Industry
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Composite Packaging Market: Competitive Dashboard
14.2 Global Composite Packaging Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Amcor
14.3.2 Crown Holdings
14.3.3 DS Smith
14.3.4 Mondi
14.3.5 Smurfit Kappa
14.3.6 Sonoco
14.3.7 Universal Packaging
14.3.8 Najmi Industries
14.3.9 Sealed Air
14.3.10 SOTA Packaging
14.3.11 Amcor
