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).

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.

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 sustainable packaging market is projected to grow from USD 301.8 billion in 2025 to USD 530.4 billion by 2035, registering a CAGR of 5.8% during the forecast period. Sales in 2024 reached USD 285.2 billion. Market expansion has been fueled by heightened consumer awareness, ESG-led procurement policies, and demand for recyclable, compostable, and bio-based materials.

Metric	Value
Industry Size (2025E)	USD 301.8 Billion
Industry Value (2035F)	USD 530.4 Billion
CAGR (2025 to 2035)	5.8%

Semi Annual Market Update

Particular	Value CAGR
H1(2024 to 2034)	5.7%
H2(2024 to 2034)	5.9%
H1(2025 to2035)	4.8%
H2(2025 to2035)	6.8%

Country-wise Insights

Countries	Value CAGR (2025 to 2035)
USA	4.7%
Germany	4.3%
China	6.7%
UK	4.2%
Spain	5.4%
India	6.9%
Canada	4.5%

The United States Packaging Market Report is Segmented by Material Type (Paper and Paperboard, Plastic, Metal, and Container Glass), Product Type (Paper and Paperboard Product Type, Plastic Product Type, and More), Packaging Format (Rigid Packaging Format, and Flexible Packaging Format), and End-User (Food, Beverage, Personal Care and Cosmetics, and More), and Geography. 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%.

Metric	Value
Market Value (2025)	USD 267.5 billion
Market Forecast (2035)	USD 398.7 billion
Growth Rate	4% CAGR
Leading Technology	Pouches Type
Primary Application	Food & Beverage Segment

The Market will grow at 2.8% CAGR and reach about USD 169.2 billion by 2035. Sustainability is increasingly being considered along with consumer preferences for green-friendly products and designs of cans and containers, so the market keeps moving forward.

Attribute	Details
Projected Value by 2035	USD 169.2 Billion
CAGR during the period 2025 to 2035	2.8%

Vendor Performance

Category	Market Share (%)
Top 3 Players (Crown, Ball, Ardagh)	17%
Rest of Top 5 Players	09%
Next 5 of Top 10 Players	06%

Player Tier	Industry Share (%)
Top 10 Players	32%
Next 20 Players	37%
Remaining Players	31%

Market Context

Region	North America
Market Share (%)	40%
Key Drivers	High demand for eco-friendly and food-safe cans.

Region	Europe
Market Share (%)	35%
Key Drivers	Leadership in sustainability initiatives.

Region	Asia-Pacific
Market Share (%)	20%
Key Drivers	Industrial growth and increasing export activities.

Region	Other Regions
Market Share (%)	5%
Key Drivers	Rising adoption of premium and cost-efficient solution

The Fresh Food Packaging Market is estimated to be valued at USD 96.6 billion in 2025 and is projected to reach USD 133.6 billion by 2035, registering a compound annual growth rate (CAGR) of 3.3% over the forecast period.

Metric	Value
Fresh Food Packaging Market Estimated Value in (2025 E)	USD 96.6 billion
Fresh Food Packaging Market Forecast Value in (2035 F)	USD 133.6 billion
Forecast CAGR (2025 to 2035)a	3.3%

Vendor Performance

Category	Market Share (%)
Top 3 (Amcor Plc, Mondi Group, Tetra Pak)	14%
Rest of Top 5 (Sealed Air Corporation, Smurfit Kappa)	13%
Next 5 of Top 10 (WestRock, Huhtamaki, Stora Enso, UFlex, DS Smith)	8%

Player Tier	Industry Share (%)
Top 10 Players	35%
Next 20 Players	35%
Remaining Players	30%

As of 2035, the worldwide multilayer flexible packaging market shall be more than USD 273 billion with a CAGR of 4%.

Attribute	Details
Projected Value by 2035	USD 273 billion
CAGR during the period 2025 to 2035	4%

Global Market Share & Industry Share

Category	Market Share (%)
Top 3 Players	17%
Rest of Top 5 Players	09%
Next 10 Players	06%

Type of Player	Market Share (%)
Top 10 Players	32%
Next 20 Players	38%
Remaining Players	30%

Regional Analysis

Region	North America
Market Share (%)	35%
Key Drivers	Focus on recyclable and high-barrier packaging.

Region	Europe
Market Share (%)	30%
Key Drivers	Leadership in circular economy practices.

Region	Asia-Pacific
Market Share (%)	25%
Key Drivers	Rapid industrialization and export demand.

Region	Other Regions
Market Share (%)	10%
Key Drivers	Growth in emerging markets.

The compostable foodservice packaging market is witnessing significant growth due to rising demand for eco-friendly and sustainable solutions in the food industry. By 2035, the market is projected to reach USD 32 billion, growing at a compound annual growth rate (CAGR) of 4.5%.

Attribute	Details
Projected Value by 2035	USD 32 billion
CAGR during the period 2025 to 2035	4.5%

Market Share & Industry Share (%)

Category	Market Share (%)
Top 3 Players (Eco-Products, Vegware, BioPak)	19%
Rest of Top 5 Players (World Centric, GreenPak)	05%
Next 5 of Top 10 Players	13%

Type of Player	Market Share (%)
Top 10 Players	37%
Next 20 Players	25%
Remaining Players	38%

Regional Analysis

Region	North America
Market Share (%)	30%
Key Drivers	Focus on sustainability and regulatory compliance.

Region	Europe
Market Share (%)	35%
Key Drivers	Innovation in plant-based compostable materials.

Region	Asia-Pacific
Market Share (%)	25%
Key Drivers	Rapid urbanization and demand for eco-friendly packaging.

Region	Other Regions
Market Share (%)	10%
Key Drivers	Emerging opportunities in sustainability.

Europe accounted for the largest share of the green packaging market in 2024, accounting for ** percent of materials produced that year. Latin America accounted for the smallest share, with **** percent produced that same year.

Sustainability, product differentiation, and consumer engagement now shape the new trends in confectionery packaging. The demand for premium chocolates, functional candies, and on-the-go snacks is fuelling the need for packaging that aids to extending shelf life, branding, and convenience for consumers.

Vendor Performance

Category	Market Share (%)
Top 3 (Amcor, Mondi Group, WestRock)	18%
Rest of Top 5 (Constantia Flexibles, Huhtamaki)	12%
Next 5 of Top 10 (Sonoco, Sealed Air, Coveris, UFlex, Smurfit Kappa)	8%

This statistic displays the forecasted market share of industrial packaging products worldwide in 2020, by type. It is forecasted that industrial packaging sacks will account for **** percent of the industrial packaging products market worldwide in 2020.

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.

The global milk packaging market size was valued at USD 45.12 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 62.82 Billion by 2033, exhibiting a CAGR of 3.56% during 2025-2033. Asia Pacific currently dominates the market, holding a significant market share of over 45.0% in 2024. The increasing demand for plant-based plastics, the incorporation of smart packaging and quick response (QR) codes, and the implementation of several regulations regarding food safety, labeling, and packaging materials are some of the major factors propelling the market.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 45.12 Billion
Market Forecast in 2033	USD 62.82 Billion
Market Growth Rate 2025-2033	3.56%

IMARC Group provides an analysis of the key trends in each segment of the global milk packaging market report, along with forecasts at the global and regional levels from 2025-2033. Our report has categorized the market based on product type and material type.

The global plastic packaging market is poised for significant growth, with projections indicating it will reach nearly *** billion U.S. dollars by 2034. This expansion represents a compound annual growth rate of *** percent from 2025 to 2034, highlighting the continued importance of plastic packaging in various industries worldwide. Market trends and key players As the plastic packaging sector expands, industry leaders such as Amcor, Sealed Air, and Berry Global are expected to play crucial roles in shaping the market. The polypropylene (PP) packaging films segment, a key component of the overall market, is forecast to grow from ** billion U.S. dollars in 2024 to over ** billion U.S. dollars by 2034. Countries like the United Kingdom, United States, China, and India are anticipated to emerge as leading producers of PP packaging films. Sustainability efforts and alternatives Despite the growth in plastic packaging, there is an increasing focus on sustainability within the industry. Major plastic packaging companies are making strides in producing more environmentally friendly packaging options. For instance, Nestlé reported that ** percent of their plastic packaging weight was reusable, recyclable, or compostable in 2023, while Danone achieved ** percent in the same year. Additionally, the market for biodegradable plastics is expanding rapidly, with forecasts suggesting it will grow from nearly *** billion U.S. dollars in 2023 to over ** billion U.S. dollars by 2032, demonstrating a growing demand for more sustainable packaging solutions.

The glass packaging market attained a value of USD 68.49 Billion in 2024. The market is expected to grow at a CAGR of 4.40% during the forecast period of 2025-2034. By 2034, the market is expected to reach USD 105.35 Billion.

Governments and regulatory bodies worldwide are enforcing strict rules to curb plastic pollution and promote sustainable packaging. These initiatives are encouraging industries to shift toward eco-friendly materials, such as glass. Bans on single-use plastics and recycling mandates are also significantly influencing packaging choices. In January 2024, Austria implemented an EU-mandated deposit-return system, requiring 10–15% of beverage containers, including glass to be reusable, with full deposit returns. This regulatory momentum is expected to remain a key driver for the market growth.

Premiumization particularly in alcoholic beverages, cosmetics, and gourmet foods is influencing the glass packaging market analysis. Consumers associate glass with quality, purity, and elegance, driving brands to choose it for high-end products. As disposable incomes rise, especially in emerging markets, customers are more inclined to spend on premium goods with upscale packaging. In June 2025, Croxsons unveiled an exclusive premium spirits bottle collection for offering elegant, high-quality glass packaging tailored for the United Kingdom market. This demand reinforces glass as a material of choice for companies aiming to create a premium and sophisticated brand image that stands out on retail shelves.

Global Packaging market size 2021 was recorded $993.271 Billion whereas by the end of 2025 it will reach $1171.4 Billion. According to the author, by 2033 Packaging market size will become $1629.22. Packaging market will be growing at a CAGR of 4.21% during 2025 to 2033.

The global green packaging market size was USD 285.06 billion in 2024 & is projected to grow from USD 306.44 billion in 2025 to USD 1202.04 billion by 2033.
Report Scope:

Report Metric	Details
Market Size in 2024	USD 285.06 Billion
Market Size in 2025	USD 306.44 Billion
Market Size in 2033	USD 1202.04 Billion
CAGR	7.5% (2025-2033)
Base Year for Estimation	2024
Historical Data	2021-2023
Forecast Period	2025-2033
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends
Segments Covered	By Type of Packaging,By End-User,By Region.
Geographies Covered	North America, Europe, APAC, Middle East and Africa, LATAM,
Countries Covered	U.S., Canada, U.K., Germany, France, Spain, Italy, Russia, Nordic, Benelux, China, Korea, Japan, India, Australia, Taiwan, South East Asia, UAE, Turkey, Saudi Arabia, South Africa, Egypt, Nigeria, Brazil, Mexico, Argentina, Chile, Colombia,