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 Packaging Market report segments the industry into Packaging Type (Plastic Packaging, Paper And Paperboard, Metal Packaging, Container Glass). Get five years of historical data alongside five-year market forecasts.

The global rigid plastic packaging market was valued at ****** billion U.S. dollars in 2024. Rigid plastic packaging is used for products such as food and beverage containers. The market is set to experience growth in the coming years as demand for these products continues to increase. It is projected that by 2034, the rigid plastic market size will have reached a value of ****** billion U.S. dollars.

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.

Dive into Market Research Intellect's Composite Packaging Market Report, valued at USD 25 billion in 2024, and forecast to reach USD 40 billion by 2033, growing at a CAGR of 6.5% from 2026 to 2033.

The rigid industrial packaging market is projected to grow from USD 35.6 billion in 2025 to USD 54.7 billion by 2035, registering a CAGR of 4.4% during the forecast period

Metric	Value
Market Size in 2025	USD 35.6 billion
Projected Market Size in 2035	USD 54.7 billion
CAGR (2025 to 2035)	4.4%

Country-wise Outlook

Country	CAGR (2025 to 2035)
USA	4.6%

Country	CAGR (2025 to 2035)
UK	4.2%

Country	CAGR (2025 to 2035)
European Union (EU)	4.5%

Country	CAGR (2025 to 2035)
Japan	4.7%

Country	CAGR (2025 to 2035)
South Korea	4.8%

The global composite packaging market size was valued at USD 86.05 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 123.11 Billion by 2033, exhibiting a CAGR of 3.86% from 2025-2033. North America currently dominates the market, holding a market share of over 32.0% in 2024. The rapid growth of e-commerce, increasing preference for eco-friendly packaging solutions, extensive use in food and beverage (F&B) applications, advanced manufacturing technologies, and strong consumer awareness about sustainability are some factors driving the market demand in the region.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 86.05 Billion
Market Forecast in 2033	USD 123.11 Billion
Market Growth Rate 2025-2033	3.86%

IMARC Group provides an analysis of the key trends in each segment of the global composite packaging market, along with forecast at the global, regional, and country levels from 2025-2033. The market has been categorized based on material and end use.

Insulated Packaging Market size was valued at USD 12.92 Billion in 2024 and is projected to reach USD 21.47 Billion by 2031, growing at a CAGR of 6.6% during the forecast period 2024-2031.

Global Insulated Packaging Market Drivers

The market drivers for the Insulated Packaging Market can be influenced by various factors. These may include:

Temperature-sensitive goods: The requirement to safeguard temperature-sensitive goods during storage and transit, including pharmaceuticals, chemicals, and biological products, as well as perishable commodities like fruits, vegetables, dairy products, and meats, is what drives the demand for insulated packaging.

Growth of e-commerce: As e-commerce takes off, so does the need for insulated packaging to guarantee the safe delivery of temperature-sensitive products that are ordered online. Customers in the food and pharmaceutical industries, where fresh and undamaged products are expected, will find this trend especially noteworthy.

Regulatory compliance: In order to maintain quality and safety requirements, insulated packaging solutions are used in response to strict rules surrounding the transportation and storage of temperature-sensitive products, particularly food and pharmaceuticals.

Environmental concerns: The use of eco-friendly insulated packaging solutions is being spurred by legislation pertaining to the use of non-biodegradable packaging materials and growing awareness of environmental issues. This covers package design that makes use of sustainable, biodegradable, and recyclable materials.

Technological developments in insulation: The market for insulated packaging is expanding due to ongoing breakthroughs and developments in packaging and insulation materials. This involves incorporating smart packaging solutions for in-the-moment temperature-sensitive product monitoring and creating high-performance insulation materials with enhanced thermal qualities.

The global rigid plastic packaging market size reached USD 250.6 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 358.7 Billion by 2033, exhibiting a growth rate (CAGR) of 4.1% during 2025-2033. The rising focus among key players on product safety and extended shelf life, along with the increasing preference for sustainable packaging solutions, is stimulating the market.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 250.6 Billion
Market Forecast in 2033	USD 358.7 Billion
Market Growth Rate 2025-2033	4.1%

IMARC Group provides an analysis of the key trends in each segment of the market, along with the rigid plastic packaging market forecast at the global, regional, and country levels for 2025-2033. Our report has categorized the market based on the product, material, production process, and end use industry.

The global paper and paperboard packaging market size was estimated at *** billion U.S. dollars in 2021. It is forecast that the paper and paperboard packaging market size will increase in the coming years to reach a value of more than *** billion U.S. dollars by 2026. Rigid paper accounted for over ** percent of the paper packaging market.

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.

Metric	Value
Industry Size (2025E)	USD 30.1 Billion
Industry Value (2035F)	USD 47.6 Billion
CAGR (2025 to 2035)	4.7%

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

Country	CAGR (2025 to 2035)
India	6.0%
China	5.2%
USA	3.2%
Spain	2.9%
Germany	2.7%

The global Recyclable Packaging Market size is expected to reach USD 46.13 Billion registering a CAGR of 4.8%. Discover the latest trends and analysis on the Recyclable Packaging Market. Our report provides a comprehensive overview of the industry, including key players, market share, growth opportu...

United States industrial packaging market size reached USD 18.7 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 31.6 Billion by 2033, exhibiting a growth rate (CAGR) of 5.96% during 2025-2033​. The growing focus of key players to ensure the secure handling and preservation of products throughout the entirety of the supply chain, enduring harsh conditions like rough handling, transportation stresses, and exposure to diverse environmental elements is primarily catalyzing the regional market.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
​Market Size in 2024	USD 18.7 Billion
​Market Forecast in 20233	USD 31.6 Billion
Market Growth Rate (2025-2033)	5.96%

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for ​2025-2033​. Our report has categorized the market based on product, material, and application.

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Packaging Market Size 2025-2029

The packaging market size is forecast to increase by USD 297.6 billion, at a CAGR of 4.6% between 2024 and 2029.

The market is witnessing significant growth, driven by the increasing trend of food delivery and takeaway services. This shift towards convenience and on-demand consumption is leading to a surge in demand for packaging solutions that ensure product safety and maintain the desired aesthetic appeal during transit. companies are responding to this trend by adopting various market strategies, including product innovation and expansion into new markets. However, the high cost of recycling rigid plastic products poses a significant challenge for the market. This obstacle, coupled with growing consumer awareness and regulatory pressure to reduce plastic waste, necessitates the exploration of sustainable alternatives.
To capitalize on the market's opportunities and navigate these challenges effectively, companies must focus on developing eco-friendly packaging solutions while ensuring affordability and maintaining the required functionality. This strategic approach will enable businesses to cater to the evolving consumer preferences and regulatory landscape, ultimately securing a competitive edge in the market.

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

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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The market continues to evolve, driven by dynamic market dynamics and advancements in technology. Barrier properties, a key consideration for various sectors, are continually improving with the development of innovative materials and packaging solutions. Oxygen and moisture barriers are essential for preserving the freshness and shelf life of food products, while protective packaging ensures product integrity during shipping and transportation. Packaging machinery, including case erectors and packaging automation, streamline production processes and enhance efficiency. RFID technology and data analytics enable real-time inventory management and supply chain optimization, ensuring seamless distribution channels. Marketing and branding strategies are increasingly focused on sustainable packaging, with a growing emphasis on circular economy initiatives.

Flexible packaging, corrugated cardboard, and plastic packaging each offer unique advantages, from brand identity and point-of-sale displays to cost-effectiveness and recyclability. Food safety standards and regulatory compliance are critical, with ongoing efforts to ensure the highest levels of protection for consumers. Smart packaging, including sensors and digital interfaces, provide valuable consumer insights and enhance the overall customer experience. Packaging design and innovation continue to push boundaries, with a focus on sustainability, functionality, and consumer convenience. Compostable and biodegradable packaging materials are gaining popularity, as businesses strive to reduce their environmental footprint. In conclusion, the market is characterized by continuous innovation and evolution, with a focus on sustainability, functionality, and consumer experience.

From barrier properties and packaging machinery to marketing and branding, the industry is constantly adapting to meet the changing needs of businesses and consumers alike.

How is this Packaging Industry segmented?

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, customer experience plays a pivotal role in driving innovation. Folding cartons, crafted from various types of paperboards like bleached paperboard, chipboard, and craft board, contribute significantly to enhancing this experience. Bleached paperboard, with its superior barrier properties, is widely used in applications such as medical packaging, cosmetics, frozen food, and candy boxes. The demand for personalized packagi

Increasing focus of food manufacturers on keeping their products nutrition-rich and increasing their shelf life is all set to increase the demand for EVOH films for packaging. The global EVOH film for packaging market is calculated at US$ 5.52 billion in 2024 and has been forecasted to rise at a CAGR of 5.1% to reach US$ 9.03 billion by the end of 2034.

Report Attributes	Details
EVOH Film for Packaging Market Size (2024E)	US$ 5.52 Billion
Forecasted Market Value (2034F)	US$ 9.03 Billion
Global Market Growth Rate (2024 to 2034)	5.1% CAGR
Japan Market Growth Rate (2024 to 2034)	5.2% CAGR
Market Share of Blown Films (2034F)	57.4%
East Asia Market Share (2034F)	24.6%
Key Companies Profiled	FLAIR Flexible Packaging Corporation Mondi Group Sasol Smurfit Kappa Group Plc Kaneka Corporation Berry Global Inc. Kuraray Co. Ltd Amcor Ltd Nippon Gohsei Coveris Holdings S.A. Winpak Ltd. Korozo Packaging Schur Flexibles Holding GesmbH

Country-wise Insights

Attribute	United States
Market Value (2024E)	US$ 855 Million
Growth Rate (2024 to 2034)	3.1% CAGR
Projected Value (2034F)	US$ 1.16 Billion

Attribute	China
Market Value (2024E)	US$ 700.5 Million
Growth Rate (2024 to 2034)	6.2% CAGR
Projected Value (2034F)	US$ 1.27 Billion

Category-wise Insights

Attribute	Blown Films
Segment Value (2024E)	US$ 3.15 Billion
Growth Rate (2024 to 2034)	5.1% CAGR
Projected Value (2034F)	US$ 5.19 Billion

Attribute	Wrapping Films
Segment Value (2024E)	US$ 1.04 Billion
Growth Rate (2024 to 2034)	5.4% CAGR
Projected Value (2034F)	US$ 1.76 Billion

In 2022, the size of the packaging market was around *** billion U.S. dollars. It was estimated by 2027, the market would reach *** billion dollars. During the same period, around ** percent of packaging market was in the food processing sector.

Plastic Packaging Market size was valued at USD 254.52 Billion in 2024 and is projected to reach USD 338.44 Billion by 2032, growing at a CAGR of 4.00% during the forecasted period 2026 to 2032.

Plastic Packaging Market: Definition/ Overview

Plastic packaging refers to materials made from synthetic polymers designed to contain, protect, and preserve products. Common types include bottles, bags, films, and containers, which are widely used due to their lightweight, durable, and flexible nature. Plastic packaging plays a crucial role in ensuring product safety and extending shelf life.

The primary application of plastic packaging spans various industries, including food and beverages, pharmaceuticals, cosmetics, and household goods. In the food industry, plastic packaging helps maintain freshness and prevents contamination, while in pharmaceuticals, it ensures product integrity and dosage accuracy.

The global industrial packaging market size reached USD 64.0 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 84.7 Billion by 2033, exhibiting a growth rate (CAGR) of 3.2% during 2025-2033. The growing industrial activities, continuous technological improvements in industrial packaging, increasing trade and globalization, rising need for regulatory compliance and safety norms, and focus on sustainability worldwide are some of the factors impelling the market growth.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 64.0 Billion
Market Forecast in 2033	USD 84.7 Billion
Market Growth Rate 2025-2033	3.2%

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

The global smart packaging market size was around USD 30.44 billion in 2024 and is likely to expand at a CAGR of more than 6.1%, surpassing USD 65.73 billion revenue by 2037. Active Packaging segment is projected to capture 55.7% share by 2037, attributed to increasing popularity of ready-to-eat and takeaway meals, leading to greater demand for active packaging technologies that prevent food spoilage.

The global flexible packaging market size reached USD 141.03 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 242.85 Billion by 2033, exhibiting a growth rate (CAGR) of 3.51% during 2025-2033. The market is witnessing stable growth due to increasing focus on maintaining environmental sustainability, rising need for enhanced convenience, and technological advancements, such as superior barrier properties to extend the shelf life of various products.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 141.03 Billion
Market Forecast in 2033	USD 242.85 Billion
Market Growth Rate 2025-2033	3.51%

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