Market Overview:
The global packaging service market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for packaged food and beverages, rising consumer awareness about product safety, and growing e-commerce industry. In terms of type, the boxes segment is expected to lead the global packaging service market during the forecast period. This can be attributed to their low cost as compared to other types of packaging such as bags and pouches. In terms of application, food & beverages segment is expected to lead the global packaging service market during the forecast period owing to rising demand for packaged food products across all regions.
Product Definition:
Packaging service is the process of enclosing or protecting products for distribution, storage, or sale. The purpose of packaging is to protect the product while in transit and to identify the product and its contents.
Boxes:
The global boxes, it's usage and growth factor in packaging service market size was valued at USD 4.5 billion in 2016. It is expected to expand at a CAGR of XX% over the forecast period owing to increasing demand for packaged food & beverages and electronics products across the globe.
Bags:
Bags are used for packaging various products such as food, consumer goods, and pharmaceuticals. Bags can be categorized into two types which are primary and secondary. Primary bags are made from paper & pulp or a combination of both while secondary bags can be produced from materials like plastic films, woven fabrics or foam among others.
Application Insights:
The food and beverages application segment accounted for the largest revenue share of over 30% in 2017. The increasing demand for packaged foods, including ready-to-eat meals, frozen meals, snack foods and convenience foods is expected to drive growth over the forecast period.
The pharmaceutical industry is one of the leading users of plastic packaging materials such as pouches and bags due to their properties such as high clarity, durability & flexibility. These properties allow them to serve as a suitable carrier for drugs with minimal damage caused during delivery. Furthermore, these products are used repeatedly without suffering from wear & tear which further boosts their demand in this industry. Other applications include industrial goods & consumer electronics where polyethylene terephthalate (PET) bottles are used extensively owing to its low cost coupled with high durability characteristics making it an ideal choice among manufacturers worldwide.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to retain its dominance over the forecast period as well. This can be attributed to growing e-commerce sales in countries such as U.S., Canada, and Mexico, which has led to an increase in demand for efficient packaging solutions from manufacturers of food & beverages, consumer goods and pharmaceutical sectors.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to rising disposable income levels coupled with increasing population of working millennials especially in China and India among other emerging economies such as Bangladesh, Pakistan and Indonesia among others are expected drive regional growth during the estimated time span from 2018 through 2030 The Middle East & Africa (MEA) region also presents lucrative opportunities for industry participants due to high youth unemployment rates coupled with rapid economic development particularly within GCC countries including Saudi Arabia Oman UAE Kuwait Qatar Bahrain.
Growth Factors:
- Increasing demand for packaged food and beverages from the developing countries
- Rising disposable income of the consumers in the developing countries
- Proliferation of convenience stores and supermarkets across the globe
- Growing trend of online shopping
- Increasing number of product launches
Scope Of The Report
Report Attributes
Report Details
Report Title
Packaging Service Market Research Report
By Type
Boxes, Bags, Pouches, Others
By Application
Food & Beverages, Consumer Goods, Pharmaceutical, Others
By Companies
Amcor, Mondi, Smurfit Kappa, Amcor, Georgia-Pacific, ITC, Cascades, International Paper, Graphic Packaging International, DS Smith, Crown, Graphic Packaging International, Aptar, Sonoco Products, Nippon Paper Industries
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
163
Number of Tables & Figures
115
Customization Available
Yes, the report can be customized as per your need.
Global Packaging Service Market Report Segments:
The global Packaging Service market is segmented on the basis of:
Types
Boxes, Bags, Pouches, Others
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 & Beverages, Consumer Goods, Pharmaceutical, Others
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
- Mondi
- Smurfit Kappa
- Amcor
- Georgia-Pacific
- ITC
- Cascades
- International Paper
- Graphic Packaging International
- DS Smith
- Crown
- Graphic Packaging International
- Aptar
- Sonoco Products
- Nippon Paper Industries
Highlights of The Packaging Service 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:
- Boxes
- Bags
- Pouches
- Others
- By Application:
- Food & Beverages
- Consumer Goods
- Pharmaceutical
- Others
- 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 Packaging Service 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?
Packaging Service is a cloud-based platform that helps organizations manage and deploy software applications. It provides an automated, repeatable process for packaging, deploying, and managing software applications.
Some of the key players operating in the packaging service market are Amcor, Mondi, Smurfit Kappa, Amcor, Georgia-Pacific, ITC, Cascades, International Paper, Graphic Packaging International, DS Smith, Crown, Graphic Packaging International, Aptar, Sonoco Products, Nippon Paper Industries.
The packaging service 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 Packaging Service 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 Packaging Service Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Packaging Service 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 Packaging Service 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 Packaging Service Market Size & Forecast, 2018-2028
4.5.1 Packaging Service Market Size and Y-o-Y Growth
4.5.2 Packaging Service Market Absolute $ Opportunity
Chapter 5 Global Packaging Service 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 Packaging Service Market Size Forecast by Type
5.2.1 Boxes
5.2.2 Bags
5.2.3 Pouches
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Packaging Service 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 Packaging Service Market Size Forecast by Applications
6.2.1 Food & Beverages
6.2.2 Consumer Goods
6.2.3 Pharmaceutical
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Packaging Service 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 Packaging Service 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 Packaging Service Analysis and Forecast
9.1 Introduction
9.2 North America Packaging Service 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 Packaging Service Market Size Forecast by Type
9.6.1 Boxes
9.6.2 Bags
9.6.3 Pouches
9.6.4 Others
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 Packaging Service Market Size Forecast by Applications
9.10.1 Food & Beverages
9.10.2 Consumer Goods
9.10.3 Pharmaceutical
9.10.4 Others
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 Packaging Service Analysis and Forecast
10.1 Introduction
10.2 Europe Packaging Service 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 Packaging Service Market Size Forecast by Type
10.6.1 Boxes
10.6.2 Bags
10.6.3 Pouches
10.6.4 Others
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 Packaging Service Market Size Forecast by Applications
10.10.1 Food & Beverages
10.10.2 Consumer Goods
10.10.3 Pharmaceutical
10.10.4 Others
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 Packaging Service Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Packaging Service 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 Packaging Service Market Size Forecast by Type
11.6.1 Boxes
11.6.2 Bags
11.6.3 Pouches
11.6.4 Others
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 Packaging Service Market Size Forecast by Applications
11.10.1 Food & Beverages
11.10.2 Consumer Goods
11.10.3 Pharmaceutical
11.10.4 Others
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 Packaging Service Analysis and Forecast
12.1 Introduction
12.2 Latin America Packaging Service 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 Packaging Service Market Size Forecast by Type
12.6.1 Boxes
12.6.2 Bags
12.6.3 Pouches
12.6.4 Others
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 Packaging Service Market Size Forecast by Applications
12.10.1 Food & Beverages
12.10.2 Consumer Goods
12.10.3 Pharmaceutical
12.10.4 Others
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) Packaging Service Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Packaging Service 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) Packaging Service Market Size Forecast by Type
13.6.1 Boxes
13.6.2 Bags
13.6.3 Pouches
13.6.4 Others
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) Packaging Service Market Size Forecast by Applications
13.10.1 Food & Beverages
13.10.2 Consumer Goods
13.10.3 Pharmaceutical
13.10.4 Others
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 Packaging Service Market: Competitive Dashboard
14.2 Global Packaging Service Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Amcor
14.3.2 Mondi
14.3.3 Smurfit Kappa
14.3.4 Amcor
14.3.5 Georgia-Pacific
14.3.6 ITC
14.3.7 Cascades
14.3.8 International Paper
14.3.9 Graphic Packaging International
14.3.10 DS Smith
14.3.11 Crown
14.3.12 Graphic Packaging International
14.3.13 Aptar
14.3.14 Sonoco Products
14.3.15 Nippon Paper Industries
