Press release
FMCG Packaging Market Forecast 2030: Understanding Competitive Dynamics and Key Players
FMCG Packaging Market
The FMCG packaging industry is expected to grow to USD 1449 billion by 2029, owing to strong demand for fresher and more environmentally friendly packaging options. Customers prefer healthier packaging without paying a higher price, prompting packaging manufacturers to develop cost-effective packaging solutions. Packaging is as important as the product itself, serving as a communication medium for customers to learn about its qualities and the value of the business.
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FMCG Packaging Market Valuation:
FMCG Packaging Market size is expected to reach nearly US$ 1449 Bn. by 2029 with the CAGR of 4.64% during the forecast period.
FMCG Packaging Market Dynamics
Increasing Demand in the E-Commerce Sector:
Rising demand from the e-commerce sector has been identified as a significant element expected to drive market growth predictions in the next years. The e-commerce business is a vital contributor to the market's revenue growth. The growth of the e-commerce business can be attributed to the increased demand for protective packaging for carrying small-sized goods, as well as the availability of appropriate packaging options.
Pharmaceutical industry is expected to dominate FMCG packaging market.
The market for pharmaceutical pre-fillable devices and pouches is expected to grow rapidly during the forecast period due to an increase in the number of allergy and asthmatic patients. New technologies and treatments are constantly being developed in the pharmaceutical industry, which will further drive market evolution.
FMCG Packaging Market Segmentation
FMCG Packaging Market, by Material
Metal
Paper & Paperboard
Glass
Plastics
Other Materials
FMCG Packaging Market, by Application
Personal Care & Cosmetics
Healthcare & Pharmaceutical
Food & Beverages
Household
FMCG Packaging Market, by End Use
Food and Beverages
Cosmetic and Personal Care
Others
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FMCG Packaging Market Key Players
1. Crown Holdings Inc
2. Amcor Ltd
3. Ardagh Group
4. Berry Plastics Corporation
5. DS Smith PLC
6. Tetra Pak International
7. Toyo Seikan Kaisha Ltd
8. Reynolds Group Holdings
9. CCL Industries
10. Ball Corporation
11. MeadWestvaco Corporation
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Table of content for the FMCG Packaging Market includes:
Part 01: Executive Summary
Part 02: Scope of the FMCG Packaging Market Report
Part 03: Global FMCG Packaging Market Landscape
Part 04: Global FMCG Packaging Market Sizing
Part 05: Global FMCG Packaging Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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Regional Insights:
Promising economic conditions and demography in Asia-Pacific have driven the region's market over the projection period. International enterprises are looking to Asia-Pacific for commercial expansion and to get a competitive advantage in the international market. Key companies and manufacturers in the region's market are making significant efforts to adapt and launch their existing products in response to new client requests.
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