The Packaging Market Report is Segmented by Packaging Type (Plastic Packaging, Paper Packaging, Container Glass, Metal Cans and Containers), Packaging Format (Rigid, Flexible), End-Use Industry (Food, Beverage, Pharmaceuticals and Healthcare, Personal Care and Cosmetics, Industrial, E-Commerce), and Geography (North America, South America, Europe, and More). The Market Forecasts are Provided in Terms of Value (USD).

In 2024, the global packaging market was valued at **** trillion U.S. dollars. It is forecast to grow to a market size of **** trillion U.S. dollars by 2034, with an increase of **** percent CAGR between 2024 and 2034.

The global sustainable packaging market was valued at ***** billion U.S. dollars in 2024. That year, the global packaging market value amounted to **** trillion U.S. dollars. The sustainable packaging market value is forecast to reach *** billion U.S. dollars by 2034, as the industry evolves and integrates innovations. Sustainable packaging materials Sustainable packaging, sometimes referred to as green packaging, consists of a range of materials, including bio-based plastics, metal, and glass. These materials can be more easily broken down and recycled, improving environmental conditions and enabling national and international climate goals to be met. Plastic sustainable packaging A large share of the sustainable packaging industry, the global plastic sustainable packaging market was over 100 billion U.S. dollars in 2024. However, despite the growing focus on circular economy, this was only a small portion of the overall plastic packaging market, which was four times larger.

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Packaging Market Size 2025-2029

The packaging market size is valued to increase USD 297.6 billion, at a CAGR of 4.6% from 2024 to 2029. Growth of food delivery and takeaway services will drive the packaging market.

Major Market Trends & Insights

APAC dominated the market and accounted for a 41% growth during the forecast period.
By Type - Board segment was valued at USD 339.40 billion in 2023
By End-user - Food segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 48.42 billion
Market Future Opportunities: USD 297.60 billion
CAGR : 4.6%
APAC: Largest market in 2023

Market Summary

The market encompasses a dynamic and continually evolving industry, driven by advancements in core technologies and applications. Notably, the rise of food delivery and takeaway services has significantly boosted the demand for sustainable and efficient packaging solutions, accounting for over 20% of the global market share. companies are adopting strategies such as biodegradable materials, innovative designs, and improved logistics to cater to this growing sector. However, challenges persist, including the high cost of recycling rigid plastic products and stringent regulations.
For instance, the European Union's Single Use Plastics Directive, which bans certain single-use plastic items as of 2021, has put pressure on manufacturers to innovate and adapt. As the market continues to unfold, stakeholders must navigate these complexities and seize opportunities for growth.

What will be the Size of the Packaging Market during the forecast period?

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How is the Packaging Market Segmented and what are the key trends of market segmentation?

The packaging industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Type

  Board
  Rigid plastic
  Flexible
  Metal
  Glass


End-user

  Food
  Beverage
  Healthcare
  Personal care
  Others


Technology

  Offset
  Flexography
  Screen
  Gravure
  Digital


Material

  Plastic
  Paper & Paperboard
  Metal
  Glass
  Wood
  Others


Packaging Type

  Primary Packaging
  Secondary Packaging
  Tertiary Packaging


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  Middle East and Africa

    South Africa
    UAE


  APAC

    China
    India
    Japan
    South Korea


  South America

    Brazil


  Rest of World (ROW)

By Type Insights

The board segment is estimated to witness significant growth during the forecast period.

In the dynamic the market, various trends are shaping its evolution. Tamper-evident packaging, ensuring product safety, is gaining traction with a 15.2% market share in 2021. Biodegradable packaging materials, a sustainable alternative, are expected to occupy 20.5% of the market by 2026. Shelf-life extension packaging, crucial for perishable goods, is projected to expand by 18.7% in the same period. Logistics packaging design, focusing on optimizing transportation and storage, is a growing concern, accounting for 12.4% of the market in 2021. Packaging cost optimization, a key business strategy, is expected to increase by 16.9% in future industry expectations. RFID packaging integration, enabling real-time tracking, is poised to capture 9.8% of the market share by 2026.

Consumer packaging preferences, driven by convenience and aesthetics, are influencing market trends. Labeling and decoration, essential for branding, is a significant market segment, accounting for 17.6% in 2021. Modified atmosphere packaging, extending product life, is projected to grow by 14.5% in the upcoming years. Automated packaging systems, enhancing efficiency, are expected to expand by 13.3%, while active packaging systems, offering product preservation, are projected to capture 11.2% of the market share by 2026. Supply chain optimization, crucial for reducing costs and enhancing delivery, is anticipated to increase by 12.1%. Packaging waste recycling, a crucial sustainability concern, is projected to grow by 19.1% in future industry expectations.

Packaging testing methods, ensuring product quality, are expected to expand by 17.8%. Sustainable packaging materials, addressing environmental concerns, are poised to capture 21.5% of the market share by 2026. Protective packaging solutions, crucial for product safety, are anticipated to increase by 16.6%. Smart packaging technology, offering real-time information, is projected to grow by 11.9%. Barrier properties packaging, essential for preserving product integrity, is expected to capture 13.7% of the market share by 2026. Packaging line efficiency, crucial for reducing dow

The total market value of packaging materials worldwide reached nearly *** billion U.S. dollars in 2022. It is forecast that this global market value will increase considerably, reaching approximately **** trillion U.S. dollars by 2030 across all regions. The Asia-Pacific region is expected to lead the market, with a contribution of roughly *** billion U.S. dollars in 2022 and an estimated *** billion U.S. dollars in 2030.Additional information on the packaging materials market can be found here.

The North America Foodservice Packaging Market Report is Segmented by Material (Paper and Paperboard, Plastics, and More), Packaging Type (Clamshells, Cups and Tubs, and More), End-User Industry (Quick-Service Restaurants, Full-Service Restaurants, and More), Sustainability Profile (Conventional Type, Sustainable Packaging), and Geography (United States, Canada, Mexico). The Market Forecasts are Provided in Terms of Value (USD).

The flexible plastic packaging industry is set for a decade-long expansion, growing from USD 267.5 billion in 2025 to USD 398.7 billion by 2035, reflecting a CAGR of 4%.

In 2024, the global market value of flexible plastic packaging was approximately *** billion U.S. dollars. Projections indicate that this value will experience significant growth, reaching almost *** billion U.S. dollars by 2034 across all regions. Additional information on the packaging materials market can be found here.

global packaging market size was worth $1240.00 billion in 2024 and is grow to $1690.00 billion by 2034 a CAGR of 3.16% between 2025 and 2034.

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Food Packaging Market Size 2025-2029

The food packaging market size is forecast to increase by USD 79.6 billion, at a CAGR of 4.1% between 2024 and 2029. Prevention of food counterfeiting will drive the food packaging market.

Major Market Trends & Insights

APAC dominated the market and accounted for a 42% growth during the forecast period.
By Product - Flexible plastic segment was valued at USD 153.30 billion in 2023
By Application - Bakery and confectionery segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 43.91 billion
Market Future Opportunities: USD 79.60 billion 
CAGR : 4.1%
APAC: Largest market in 2023

Market Summary

The market is a dynamic and evolving industry, driven by various factors that shape its growth trajectory. Core technologies such as active and intelligent packaging, biodegradable materials, and nanotechnology continue to revolutionize the market, offering enhanced food preservation, safety, and convenience. Applications in food processing, retail, and foodservice sectors are witnessing significant growth, with the e-commerce segment experiencing a surge due to increasing sales of food products online. However, challenges persist, including volatility in raw material prices and the need to prevent food counterfeiting.
According to recent reports, the active packaging market is projected to account for over 30% of the overall the market share by 2025. As related markets such as the pharmaceutical packaging and beverage packaging industries continue to expand, the market is poised for continued innovation and growth in the forecast period.

What will be the Size of the Food Packaging Market during the forecast period?

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How is the Food Packaging Market Segmented and what are the key trends of market segmentation?

The food packaging industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Product

  Flexible plastic
  Rigid plastic
  Glass
  Metal
  Others


Application

  Bakery and confectionery
  Dairy products
  Poultry meat and sea food
  Fruits and vegetables
  Others


Packaging

  Bags and pouches
  Bottles and jars
  Films and wraps
  Boxes and cartons
  Others


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  APAC

    China
    India
    Japan


  South America

    Brazil


  Rest of World (ROW)

By Product Insights

The flexible plastic segment is estimated to witness significant growth during the forecast period.

The market is a dynamic and evolving industry, with ongoing advancements in technologies and materials shaping its growth. Flexible plastic packaging, which includes bags, pouches, liners, wraps, and sachets, currently holds the largest market share at approximately 37% due to its numerous advantages. These benefits include customizable shapes and sizes, reusability, lightweight nature, and a wide range of printing options. Moreover, the industry anticipates significant growth in the coming years, with the modified atmosphere packaging segment projected to expand by 21% and high-pressure processing expected to increase by 18%. The adoption of biodegradable packaging materials, such as those made from plant-based sources, is also on the rise, with a projected growth of 15%.

Shelf life extension, food preservation techniques, and packaging cost reduction are key drivers in the market. Packaging material selection, sourcing, and optimization play crucial roles in ensuring product freshness and safety. Technologies like intelligent packaging, seal integrity testing, and leak detection systems contribute to improving product quality and consumer perception. High-pressure processing, e-beam sterilization, and microwave sterilization are essential food safety regulations-compliant preservation techniques. The market also prioritizes sustainability through the use of compostable packaging options, recyclable designs, and waste reduction strategies. Packaging line efficiency, thermal processing effects, and antimicrobial packaging films are other significant trends. Oxygen scavenging packaging and UV sterilization packaging further enhance food preservation and safety.

Quality control systems and aseptic packaging techniques ensure consistent product quality and safety throughout the supply chain. In conclusion, the market is a continuously evolving industry, with a strong focus on innovation, sustainability, and consumer demands. The integration of various technologies, materials, and regulations shapes the market's future growth and trends.

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The Flexible plastic segment was v

The protective packaging market expands from USD 30.1 billion in 2025 to USD 47.6 billion in 2035 at a CAGR of 4.7%. Early-phase expansion is moderate, reaching USD 31.5 billion in 2026 and USD 33 billion in 2027, driven by increased e-commerce logistics and protective needs in the electronics and food sectors.

Top Countries Manufacturing, Adopting, And Distributing Protective Packaging Formats Across Consumer and Industrial Applications

The packaging market size is projected to grow from $1.21 trillion in 2024 to $1.8 trillion by 2035, representing a CAGR of 3.7% during the forecast period 2024-2035

In 2022, the worldwide metal packaging industry was valued at some ***** billion U.S. dollars. Forecasts suggest that this figure will see a substantial increase, hitting close to ** billion U.S. dollars globally by 2030. Additional information on the packaging materials market can be found here.

The food packaging market is projected to grow from USD 391.5 billion in 2025 to USD 661.2 billion by 2035, registering a CAGR of 5.3% during the forecast period. Sales in 2024 reached USD 371.7 billion, indicating a steady demand trajectory.

Country-wise Outlook

The Consumer Packaging Industry Analysis in China is estimated to be valued at USD 111.5 billion in 2025 and is projected to reach USD 189.0 billion by 2035, registering a compound annual growth rate (CAGR) of 5.4% over the forecast period.

The size of the Latin America Paper Packaging Industry market was valued at USD XX Million in 2024 and is projected to reach USD XXX Million by 2033, with an expected CAGR of 3.90% during the forecast period. Recent developments include: September 2022: One of the top producers of paper-based packaging, Smurfit Kappa, announced that it reached a deal to purchase PaperBox, a packaging facility in Saquarema, 70 km east of Rio de Janeiro. Smurfit Kappa presently operates in Minas Gerais, Rio Grande do Sul, and Ceará; therefore, this acquisition signifies an even more significant expansion of its operational footprint in Brazil., January 2022: Grupo Modelo, a Mexican brewing company, invested USD 4 million in developing the CanCollar Eco packaging made of fiber. The investment is conducted in collaboration with Grupo Gondi, cardboard and recycled paper packaging producer, and Westrock, a company specializing in corrugated packaging.. Key drivers for this market are: Growing Demand from the Food and Beverage Sector, Growing Adoption of Light Weighting Materials and the Scope for Printing Innovations Propelling Growth in the Food and Electronics and Personal Care Segment. Potential restraints include: , Growing Sustainability Concerns. Notable trends are: Increase in Demand for Paper Packaging in Food Industry.

Paperboard is the most used packaging material worldwide, accounting for approximately 33 percent of packaging material consumption. Types of paperboard packaging include cardboard and folding boxboard. Flexible packaging is the second most consumed packaging material globally, followed by rigid plastics.

Micro-Packaging Market is Segmented by Application Type (Vials, Micro-Perforated Films and Bags, and More), End-User (Food and Beverage, Pharmaceutical and Biotech, and More), Packaging Material (Plastics and Polymers, Paper and Paperboard, and More), Packaging Functionality (High-Barrier/Oxygen-Scavenging, and More), Packaging Format (Flexible, Rigid), and by Geography. The Market Forecasts are Provided in Terms of Value (USD).

This statistic shows the forecasted market value of food packaging worldwide from 2022 to 2028. In 2022, the global market value of food packaging was estimated to be worth about *** billion U.S. dollars.

The North America Contract Packaging market is segmented by Service ( Primary Packaging, Secondary Packaging, Tertiary packaging), By End-User Vertical ( Beverages, Pharmaceuticals, Food).