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Display Packaging Market Set to Hit USD 7.2 Billion by 2032, Boasting a 5.8% CAGR Growth

03-01-2024 01:57 AM CET | Chemicals & Materials

Press release from: Ameco Research

Display Packaging Market Set to Hit USD 7.2 Billion by 2032,

Display packaging stands as a cornerstone in retail, playing a pivotal role in enhancing product visibility and consumer engagement. With a projected growth from USD 4.1 billion in 2022 to USD 7.2 billion by 2032, this market is revolutionizing retail sectors worldwide.

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Key Points and Statistics on the Display Packaging Market:
● The global display packaging market size is projected to expand from USD 4.1 billion in 2022 to USD 7.2 billion by 2032, growing at a CAGR of 5.8%.
● Display packaging is used across various industries, including food & beverage, personal care & cosmetics, pharmaceuticals, electronics, and homecare & toiletries.
● Key regions include North America, Europe, and the rapidly growing Asia-Pacific market.
● Prominent players in the market include DS Smith, WestRock Company, Sonoco Products Company, Smurfit Kappa Group, and International Paper.

Display Packaging Market Overview and Analysis:
Beyond mere containers, display packaging serves as a strategic marketing tool, transforming retail landscapes. Despite challenges such as high costs and sustainability concerns, the market thrives on innovative and efficient packaging solutions.

Latest Display Packaging Market Trends and Innovations:
1. Sustainability and Eco-Friendly Packaging: Emphasis on eco-friendly materials like recycled cardboard and biodegradable plastics.
2. Customization and Personalization: Rising demand for unique and personalized packaging experiences.
3. Interactive and Smart Packaging: Integration of QR codes, NFC chips, and augmented reality for enhanced consumer engagement.
4. Minimalist Design: Clean and sophisticated designs to emphasize product appeal.

Major Growth Drivers of the Display Packaging Market:
1. E-commerce Boom: Increasing demand for well-packaged products to withstand shipping and create appealing unboxing experiences.
2. Demand for Innovation: Retailers investing in innovative packaging to stand out in competitive markets and attract consumers.
3. Brand Visibility: Display packaging crucial in increasing brand recognition and product visibility in crowded marketplaces.

Key Challenges Facing the Display Packaging Industry:
1. Cost of Custom Packaging: High initial costs can be a barrier for small businesses looking to invest in custom display packaging.
2. Sustainability Concerns: Balancing eco-friendly materials with attractive and functional packaging remains a challenge.
3. Supply Chain Disruptions: Global events like the pandemic highlighting vulnerabilities in supply chains, affecting timely delivery of materials.

To Check Complete Toc Here:
CHAPTER 1. Industry Overview of Display Packaging Market
CHAPTER 2. Research Approach
CHAPTER 3. Market Dynamics And Competition Analysis
CHAPTER 4. Display Packaging Market By Material Type
CHAPTER 5. Display Packaging Market By Packaging Type
CHAPTER 6. Display Packaging Market By Display Type
CHAPTER 7. Display Packaging Market By End-Use Industry
CHAPTER 8. North America Display Packaging Market By Country
CHAPTER 9. Europe Display Packaging Market By Country
CHAPTER 10. Asia Pacific Display Packaging Market By Country
CHAPTER 11. Latin America Display Packaging Market By Country
CHAPTER 12. Middle East & Africa Display Packaging Market Overview
CHAPTER 13. Player Analysis Of Display Packaging Market
CHAPTER 14. Company Profile

Market Segmentation Insights:
By Material Type:
● Paper & Paperboard
● Plastic
● Glass
● Metal
● Others

By Packaging Type:
● Corrugated Boxes
● Folding Cartons
● Paperboard Packaging
● Trays & Containers
● Others

By Display Type:
● Floor Displays
● Counter Displays
● Pallet Displays
● Sidekick Displays
● Others

By End-Use Industry:
● Food & Beverage
● Personal Care & Cosmetics
● Pharmaceuticals
● Electronics
● Homecare & Toiletries
● Others

Overview by Region of the Display Packaging Market:
North America and Europe: Significant markets with established retail sectors.
Asia-Pacific: Fastest-growing region due to expanding retail and e-commerce industries.

List of Key Players in the Global Market:
The market features companies like DS Smith, WestRock Company, Sonoco Products Company, Smurfit Kappa Group, International Paper, Menasha Corporation, Georgia-Pacific, Pratt Industries, Fencor Packaging Group, and Orora Limited.

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