Market Overview:
The global secondary packaging 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 disposable income, and growing awareness about hygiene and sanitation. In terms of type, the plastic packing segment is expected to lead the global secondary packaging market during the forecast period. This can be attributed to its properties such as durability, resistance against moisture and chemicals, light weight, and recyclability. In terms of application, the food and beverages industry is expected to lead the global secondary packaging market during the forecast period.
Product Definition:
Secondary packaging is the protective covering that surrounds the product and its primary packaging. It is usually made of corrugated cardboard, paperboard, or foam. The purpose of secondary packaging is to protect the product from damage during shipping and handling.
Plastic packing:
Plastic packing is a protective packaging technique used for various products during transportation and storage. It offers several advantages over traditional techniques such as wooden pallets or metal racks. The most important advantage is that it's cost effective, flexible, lightweight and easy to transport which makes it popular among the manufacturers all over the world.
The global secondary packaging market size was valued at USD 485 billion in 2016.
Paper packing:
Paper packing is the technique of folding, cutting, and binding paperboard or cardboard for protection. It is used in secondary packaging market to protect products from damage during transportation. Paper packing can be single or double layer depending upon the size and quantity of product to be packed. Single layer packing protects light weight products such as food & beverages while double layer packing is used for heavy weight products like electronic equipment etc.
Application Insights:
The food and beverage industry accounted for the largest share in 2015. The segment is projected to witness significant growth over the forecast period owing to rising demand for packaged foods, including ready-to-eat meals, frozen meals, snack foods and bakery products. In addition, increasing consumption of alcoholic beverages is expected to drive secondary packaging demand in this application segment over the next eight years.
Electronics industry was another prominent application sector accounting for a 15% share of global revenue in 2015. Secondary packaging includes electronic accessories such as cables and connectors that are used during manufacturing process or after completion of a product assembly line. Electronic accessories require protection from physical damage along with effective insulation against electricity leakage which enhances market growth across various regions worldwide due to high product usage rate within electronics industry applications such as mobile phones chargers etcetera¢â‚¬â„¢s etcetera¢â‚¬ (source: IHS).
Regional Analysis:
Asia Pacific is anticipated to be the fastest growing regional market with a CAGR of XX% from 2018 to 2030 owing to rapid industrialization and developing e-commerce sector in the region.
Europe was estimated at USD X billion in 2017 and is expected to witness steady growth over the forecast period owing to high consumption of paperboard packaging material coupled with stringent regulations regarding plastic waste recycling by various governments across countries including Germany, France, Italy etc.
Growth Factors:
- Increasing demand for convenience and ready-to-eat food products
- Rising disposable income of consumers in developing countries
- Proliferation of ecommerce and online retailing
- Growing popularity of eco-friendly and biodegradable packaging materials
- Advances in printing technologies that enable the production of customized secondary packaging
Scope Of The Report
Report Attributes
Report Details
Report Title
Secondary Packaging Market Research Report
By Type
Plastic packing, Paper packing, Others
By Application
Food and beverages industry, Electronics industry, Personal and household care industry
By Companies
Amcor, International Paper Company, Reynolds Holding, Stora Enso, WestRock, Ball Corporation, Berry Plastics, Crown Holdings, Deufol, Molins, Mondi, Owens-Illinois, RPC
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Secondary Packaging Market Report Segments:
The global Secondary Packaging market is segmented on the basis of:
Types
Plastic packing, Paper packing, 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 and beverages industry, Electronics industry, Personal and household care industry
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
- International Paper Company
- Reynolds Holding
- Stora Enso
- WestRock
- Ball Corporation
- Berry Plastics
- Crown Holdings
- Deufol
- Molins
- Mondi
- Owens-Illinois
- RPC
Highlights of The Secondary 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:
- Plastic packing
- Paper packing
- Others
- By Application:
- Food and beverages industry
- Electronics industry
- Personal and household care industry
- 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 Secondary 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?
Secondary packaging is the outer wrapping or container that a product comes in. It can be made of many materials, including paper, plastic, and metal.
Some of the key players operating in the secondary packaging market are Amcor, International Paper Company, Reynolds Holding, Stora Enso, WestRock, Ball Corporation, Berry Plastics, Crown Holdings, Deufol, Molins, Mondi, Owens-Illinois, RPC.
The secondary packaging market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Secondary Packaging Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Secondary Packaging Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Secondary Packaging Market - Supply Chain
4.5. Global Secondary Packaging Market Forecast
4.5.1. Secondary Packaging Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Secondary Packaging Market Size (000 Units) and Y-o-Y Growth
4.5.3. Secondary Packaging Market Absolute $ Opportunity
5. Global Secondary Packaging Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Secondary Packaging Market Size and Volume Forecast by Type
5.3.1. Plastic packing
5.3.2. Paper packing
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Secondary Packaging Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Secondary Packaging Market Size and Volume Forecast by Application
6.3.1. Food and beverages industry
6.3.2. Electronics industry
6.3.3. Personal and household care industry
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Secondary Packaging Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Secondary Packaging Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Secondary Packaging Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Secondary Packaging Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Secondary Packaging Demand Share Forecast, 2019-2026
9. North America Secondary Packaging Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Secondary Packaging Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Secondary Packaging Market Size and Volume Forecast by Application
9.4.1. Food and beverages industry
9.4.2. Electronics industry
9.4.3. Personal and household care industry
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Secondary Packaging Market Size and Volume Forecast by Type
9.7.1. Plastic packing
9.7.2. Paper packing
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Secondary Packaging Demand Share Forecast, 2019-2026
10. Latin America Secondary Packaging Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Secondary Packaging Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Secondary Packaging Market Size and Volume Forecast by Application
10.4.1. Food and beverages industry
10.4.2. Electronics industry
10.4.3. Personal and household care industry
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Secondary Packaging Market Size and Volume Forecast by Type
10.7.1. Plastic packing
10.7.2. Paper packing
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Secondary Packaging Demand Share Forecast, 2019-2026
11. Europe Secondary Packaging Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Secondary Packaging Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Secondary Packaging Market Size and Volume Forecast by Application
11.4.1. Food and beverages industry
11.4.2. Electronics industry
11.4.3. Personal and household care industry
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Secondary Packaging Market Size and Volume Forecast by Type
11.7.1. Plastic packing
11.7.2. Paper packing
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Secondary Packaging Demand Share, 2019-2026
12. Asia Pacific Secondary Packaging Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Secondary Packaging Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Secondary Packaging Market Size and Volume Forecast by Application
12.4.1. Food and beverages industry
12.4.2. Electronics industry
12.4.3. Personal and household care industry
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Secondary Packaging Market Size and Volume Forecast by Type
12.7.1. Plastic packing
12.7.2. Paper packing
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Secondary Packaging Demand Share, 2019-2026
13. Middle East & Africa Secondary Packaging Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Secondary Packaging Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Secondary Packaging Market Size and Volume Forecast by Application
13.4.1. Food and beverages industry
13.4.2. Electronics industry
13.4.3. Personal and household care industry
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Secondary Packaging Market Size and Volume Forecast by Type
13.7.1. Plastic packing
13.7.2. Paper packing
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Secondary Packaging Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Secondary Packaging Market: Market Share Analysis
14.2. Secondary Packaging Distributors and Customers
14.3. Secondary Packaging Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Amcor
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. International Paper Company
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Reynolds Holding
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Stora Enso
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. WestRock
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Ball Corporation
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Berry Plastics
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Crown Holdings
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Deufol
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Molins
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Mondi
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Owens-Illinois
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. RPC
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
