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Packaging Products Market Analysis 2023-2032: Growth, Size, Industry Trends And Forecast | Amcor PLC., Mondi PLC., Berry Global PLC., Yunnan Energy New Material Co. Ltd., Ball Corporation
Packaging Products Market
Packaging Products Market Size, Growth Rate, And Forecast
The global packaging products market size is expected to grow from $92.32 billion in 2022 to $100.80 billion in 2023 at a compound annual growth rate (CAGR) of 9.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global packaging products market size is expected to grow to $137.11 billion in 2027 at a CAGR of 8.0%.
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Packaging Products Market Drivers
Growth of e-commerce platforms is expected to propel the growth of the packaging products market going forward. E-commerce (electronic commerce) refers to the purchase and sale of products and services, as well as the exchange of payments or data, through an electronic network, usually the internet. Rising e-commerce requires large number of packaging products as they are used to transport a product to a customer after they buy it online.
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Packaging Products Market Segments
• By Type: Paper and Cardboard, Rigid Plastic, Metal, Flexible Plastic, Glass, Wood, Textile, Other Types.
• By Product: Bottles And Can, Containers And Jars, Bags, Pouches, Wraps.
• By End-Users: Food, Beverages, Healthcare, Cosmetics, Household Products, Chemicals.
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Packaging Products market.
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Packaging Products Market Key Players
Major competitors in the packaging products market include Amcor PLC., Mondi PLC., Berry Global PLC., Yunnan Energy New Material Co. Ltd., Ball Corporation, International Paper Co., Crown Holdings Inc., Owens-Illinois Group Inc.
The Business Research Company's "Global Packaging Products Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Packaging Products Market Include:
1. Executive Summary
2. Packaging Products Market Characteristics
3. Packaging Products Market Trends And Strategies
4. Packaging Products Market - Macro Economic Scenario
5. Packaging Products Market Size And Growth
……
26. Africa Packaging Products Market
27. Packaging Products Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Packaging Products Market
29. Packaging Products Market Future Outlook and Potential Analysis
30. Appendix
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