Global Packaging Techniques Market Segmentation, By Equipment (Form-Fill-Seal, Filling and Dosing, Cartoning, Case Packing, Wrapping and Bundling, Labeling and Coding, Inspecting, Detecting, and Others), Material (Metal, Glass and Wood, Paper and Paperboard, Plastics, and Others), Packaging (Rigid Packaging and Flexible Packaging) – Industry Trends and Forecast to 2031.
Packaging Techniques Market Analysis and Size
The global packaging techniques market has been experiencing robust growth, driven by increasing demand for effective and innovative packaging solutions across various industries such as food and beverage, pharmaceuticals, electronics, and consumer goods. With the rising awareness of environmental issues, there is a significant shift towards sustainable packaging techniques, including biodegradable, recyclable, and reusable packaging. Technological advancements have also led to the development of smart packaging, which incorporates features such as QR codes, sensors, and RFID tags to enhance product tracking and consumer engagement. The e-commerce boom has further fueled the need for efficient secondary and tertiary packaging solutions to ensure safe and secure product delivery. In addition, stringent regulatory requirements regarding product safety and environmental sustainability are compelling companies to adopt advanced packaging methods.
Packaging Techniques Market Size
Global packaging techniques market size was valued at USD 207.21 billion in 2023 and is projected to reach USD 233.42 billion by 2031, with a CAGR of 1.5% during the forecast period of 2024 to 2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2024 to 2031
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Base Year
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2022
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Historic Years
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2022 (Customizable to 2016 - 2021)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Equipment (Form-Fill-Seal, Filling and Dosing, Cartoning, Case Packing, Wrapping and Bundling, Labeling and Coding, Inspecting, Detecting, and Others), Material (Metal, Glass and Wood, Paper and Paperboard, Plastics, and Others), Packaging (Rigid Packaging and Flexible Packaging)
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Countries Covered
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U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E., Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa
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Market Players Covered
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Bosch Limited (India), Coesia S.p.A (Italy), Arpac (U.S.), IMA (Italy), Ishida (Japan), GEA Group Aktiengesellschaft (Germany), Multivac Inc (U.S.), Oystar (Germany), Nichrome Packaging Solutions (India), Omori Machinery (Japan), Lindquist Machine Corporation (U.S.), Kaufman Engineered Systems (U.S.), ADELPHI GROUP OF COMPANIES (U.K.
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Market Opportunities
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Packaging Techniques Market Definition
Packaging techniques refer to the various methods and processes used to enclose and protect products for distribution, storage, sale, and use. These techniques ensure the integrity, safety, and quality of the product throughout its lifecycle. These packaging techniques are chosen based on the nature of the product, the required shelf life, environmental considerations, and regulatory requirements.
Packaging Techniques Market Dynamics
Drivers
- Packaging Solutions Growth with Rapid Expansion of the E-Commerce
The exponential rise in e-commerce has created a booming demand for reliable and efficient packaging solutions that can protect products during transportation. As online shopping becomes the norm for many consumers, packaging companies are increasingly focused on developing innovative materials and designs that can withstand the rigors of shipping while also providing a positive unboxing experience. This has led to advancements in secondary and tertiary packaging techniques, including enhanced cushioning materials, tamper-evident seals, and modular packaging designs that can adapt to various product shapes and sizes driving the market growth.
- Urbanization and Changing Lifestyles
Rapid urbanization and evolving consumer lifestyles are leading to an increased demand for convenient, on-the-go packaging solutions. As more people move to urban areas and adopt busy lifestyles, there is a growing need for packaging that offers ease of use, portability, and single-serve portions. This is particularly evident in the food and beverage sector, where demand for ready-to-eat meals, snacks, and beverages is rising. Packaging companies are responding by developing innovative new packaging techniques that cater to these needs, such as resealable pouches, easy-open containers, and compact packaging formats which is driving the market.
Opportunities
- Growing Environmental Consciousness and Sustainable Packaging Techniques
Companies are investing heavily in research and development to create packaging materials that are biodegradable, recyclable, and reusable. Innovations such as plant-based plastics, compostable films, and water-soluble packaging are gaining traction. This shift towards sustainability not only helps in reducing the environmental footprint but also enhances brand image and meets the expectations of eco-conscious consumers, thus propelling market growth. Growing environmental consciousness among consumers and stringent regulatory policies are creating new opportunities for sustainable packaging techniques.
- Integration of Technology into Packaging Techniques
The integration of technology into packaging, known as smart packaging, offers immense opportunities for enhancing product tracking, safety, and consumer engagement. Features like QR codes, RFID tags, and embedded sensors provide real-time data on product conditions, improving supply chain transparency and efficiency. Additionally, smart packaging can facilitate interactive experiences through augmented reality and personalized marketing, creating new avenues for consumer engagement. This technological advancement opens up new revenue streams and creates new opportunities for the market.
Restraints/Challenges
- High Costs of Advanced Packaging Technologies
The development and implementation of advanced packaging technologies and sustainable materials often come with significant costs. These higher costs can be a major barrier for small and medium-sized enterprises (SMEs) that may not have the financial resources to invest in new packaging solutions. The cost factor also impacts pricing strategies, potentially making products less competitive in price-sensitive markets. Balancing innovation with cost-effectiveness remains a critical challenge for the packaging industry.
- Regulatory Compliance of Packaging Techniques
The packaging industry is subject to a myriad of regulations that vary by region and product type. Compliance with these regulations can be complex and costly, involving rigorous testing, certification processes, and ongoing monitoring. Regulations related to food safety, pharmaceutical packaging, and environmental standards necessitate continual updates and adaptations in packaging materials and processes. This regulatory burden can slow down innovation and increase operational costs, posing a restraint to market growth.
This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the market contact Data Bridge Market Research for an analyst brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Developments
- In June 2022, Ardagh Metal Packaging announced plans to expand its production capacity with a new facility in La Ciotat, France. This expansion, supported by Sud Attractivité and Bpifrance, aims to meet the growing demand from existing and new customers for long-term partnerships in the Middle East Africa (MEA) and Southwestern Europe regions
- In April 2022, Sealed Air introduced PRISTIQ, a digital packaging brand offering a range of solutions for design services, digital printing, and smart packaging. PRISTIQ aims to eliminate waste and excess packaging while enhancing products and customer engagement
Packaging Techniques Market Scope
The market is segmented on the basis of equipment, material, and packaging. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Equipment
- Form-Fill-Seal
- Filling and Dosing
- Cartoning
- Case Packing
- Wrapping and Bundling
- Labeling and Coding
- Inspecting
- Detecting
- Others
Material
- Metal
- Glass and Wood
- Paper and Paperboard
- Plastics
- Others
Packaging
- Rigid Packaging
- Flexible Packaging
Packaging Techniques Regional Analysis
The market is analysed and market size insights and trends are provided by country, equipment, material, and packaging as referenced above.
The countries covered in the market report are U.S., Canada, Mexico, Brazil, Argentina, rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, rest of Europe, Japan, China, India, South Korea, Australia, New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, rest of Asia-Pacific, U.A.E., Saudi Arabia, Egypt, Israel, South Africa, and rest of Middle East and Africa
North America is expected to dominate the market due to the rising demand for convenient packaging from consumers. The region is home to numerous established vendors who are focused on expanding their geographic presence.
Asia-Pacific is expected to be the fastest growing region due to increasing awareness and adoption of packaged foods. Factors contributing to this dominance include rising incomes and consumer spending, a growing preference for online grocery shopping, and significant technological advancements in packaging techniques within the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Packaging Techniques Market Share
The market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to market.
Some of the major players operating in the market are:
- Bosch Limited (India)
- Coesia S.p.A (Italy)
- Arpac (U.S.)
- IMA (Italy)
- Ishida (Japan)
- GEA Group Aktiengesellschaft (Germany)
- Multivac Inc (U.S.)
- Oystar (Germany)
- Nichrome Packaging Solutions (India)
- Omori Machinery (Japan)
- Lindquist Machine Corporation (U.S.)
- Kaufman Engineered Systems (U.S.)
- ADELPHI GROUP OF COMPANIES (U.K.)
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