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Asia-Pacific Consumer Packaging Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2023 to 2029)

09-23-2023 02:17 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Asia-Pacific Consumer Packaging Market is Anticipated

Asia-Pacific consumer packaging market is estimated to grow at a significant CAGR of 7.0% during the forecast period. The major factors contributing to the growth of the market include a significant rise in the production of food and beverage and pharmaceuticals in the region. The rising demand for processed food is one of the major causes that accelerates the demand for packaging solutions in the region. As per the India Brand Equity Foundation (IBEF), the Indian food and grocery market are the sixth-largest across the globe, with retail accounting for 70% of the sales. The Indian food processing industry held 32% of India's total food market. Food processing contributes nearly 13% of the country's exports and 6% of total industrial investment.

Additionally, there is a significant presence of major e-commerce players such as Alibaba, Amazon, and JD.com in the country. Amazon is significantly expanding its fulfilment centers across the country, which is supporting to leverage share in the country. Packaging plays a vital role in the e-commerce industry, as it enables to presents the brand image efficiently. Owing to the expansion of the e-commerce industry in the country, the packaging companies including Amcor are taking active interest to support innovate packaging standards for China's e-commerce industry. As a result, potential innovations in e-commerce packaging is expected to witness in the near future.

To Request a Free Sample of our Asia-Pacific Consumer Packaging Market: https://www.omrglobal.com/request-sample/asia-pacific-consumer-packaging-market

Market Coverage

Market number available for 2022-2030
Base year- 2022
Forecast period- 2023-2030
Segment Covered- By Material and End-User
Countries Covered- China, India, Japan, and Rest of Asia-Pacific 
Competitive Landscape- Amcor plc, Essel Propack Ltd., Oji Holdings Corp., Tetra Pak International S.A., and Constantia Flexibles Group GmbH

Asia-Pacific Consumer Packaging Market-Segmentation

By Material

Plastic
Paper
Glass
Metal

By End-User

Food 
Beverage
Healthcare
Personal Care and Cosmetics
Household Goods

A full Report of Asia-Pacific Consumer Packaging Market is Available at: https://www.omrglobal.com/industry-reports/asia-pacific-consumer-packaging-market

Asia-Pacific Consumer Packaging Market- Segment by Country

China
India
Japan
Rest of Asia-Pacific

Company Profiles

Amcor plc
Asia Pulp & Paper Group (APP)
Constantia Flexibles Group GmbH
Essel Propack, Ltd.
GPA Global
HCP Packaging (Shanghai) Co., Ltd.
Hirokawa Co., Ltd.
Jindal Poly Films
KLH (Kung Long Hong Co., Ltd.)
Libo Cosmetics Co., Ltd.
Modern-Pak Pte, Ltd.
Oji Holdings Corp.
Rengo Co., Ltd.
Reynolds Group Holdings, Ltd.
Samyang Packaging Corp.
Shandong Lipeng Co.,Ltd.
Shanghai Forests Packaging Group Co., Ltd.
Shanying International Holding Co., Ltd.
Shenzhen Wanli Printing Co.,Ltd. 
Taizhou Qunli New Material Co., Ltd.
Takemoto Packaging, Inc.
Tetra Pak International S.A.
Uflex, Ltd.
Zhenghao Plastic & Mold Co., Ltd.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/asia-pacific-consumer-packaging-market

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Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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