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The FMCG Packaging Market expected to reach USD 703.36 Bn by 2030, says Stellar Market Research

08-12-2024 02:00 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: STELLAR MARKET RESEARCH

FMCG Packaging Market

FMCG Packaging Market

Anticipated Growth in Revenue:

The FMCG Packaging Market valued at $467.77 Bn in 2023 is expected to reach $703.36 Bn in 2030, with a CAGR of 6%.

FMCG Packaging Market Overview

As the e-commerce sector grows fueled by demands from delivery services it further drives the FMCG Packaging Market. The convenience, discounts, and higher production have driven the FMCG Packaging Market especially in America. Packaging is a sizable expenditure of the finished good. The demand for nutrient-dense meals increasing the manufacturers are developing solutions to reduce operating expenses and safeguard nutritional value.

๐”๐ง๐ฅ๐จ๐œ๐ค ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐จ๐Ÿ ๐Ž๐ฎ๐ซ ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ:https://www.stellarmr.com/report/FMCG-Packaging-Market/1154

The projection period estimates the growth of the U.S. beverage industry. Recent study conducted in the country states that the younger generation prefers attractive packaging while being environmentally friendly. As per FMI, the U.S. FMCG Packaging Market sales are expected to grow at a 5% CAGR over the forecast period. Asia-Pacific is the second largest shareholder in FMCG Packaging Market with countries such as India, China, Japan, Australia having increased disposable income.

๐๐ž๐ž๐ ๐Œ๐จ๐ซ๐ž ๐ˆ๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง? ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐€๐›๐จ๐ฎ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž + ๐†๐ซ๐š๐ฉ๐ก๐ฌ ๐‡๐ž๐ซ๐ž:https://www.stellarmr.com/report/req_sample/FMCG-Packaging-Market/1154

FMCG Packaging Market Segmentation

By Material

Plastic
Paper and Paperboard
Metal
Glass
Others
By End-use

Food & Beverage
Pharmaceuticals
Personal Care & Cosmetics
Homecare Products
Electronics


FMCG Packaging Market Key Players

Berry Global Inc. (United States)
Crown Holdings (United States)
WestRock Company (United States)
Sealed Air Corporation (United States)
Sonoco Products Company (United States)
Ball Corporation (United States)
Kimberly-Clark Corporation (United States)
Mondi Plc (United Kingdom)
Huhtamaki Oyj (Finland)
Ardagh Group S.A. (Luxembourg)

๐…๐‘๐„๐„ ๐†๐ž๐ญ ๐š ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ! https://www.stellarmr.com/report/req_sample/FMCG-Packaging-Market/1154

Key questions answered in the report

What is expected to be the size of the FMCG Packaging market in the foreseeable future?
What is the dynamic of key players in the FMCG Packaging market?
Which type of Material segment in the FMCG Packaging market is expected to grow in 2024-2030?
Which area holds the highest share in the FMCG Packaging market?
What factors are the critical drivers for the FMCG Packaging market's growth in the coming years?

Stellar Market Research has also published the following reports:



Underwater Drone Market https://www.stellarmr.com/report/Underwater-Drone-Market/1983

RTD Coffee Market https://www.stellarmr.com/report/RTD-Coffee-Market/1984

Fructose Market https://www.stellarmr.com/report/Fructose-Market/1985

Dairy Market https://www.stellarmr.com/report/Dairy-Market/1986

Packaging Solution Market https://www.stellarmr.com/report/Packaging-Solution-Market/1987

Contact Stellar Market Research:
S.no.8, h.no. 4-8 Pl.7/4 Kothrud
Pinnac Memories Fl. No. 3
Kothrud, Pune, Maharashtra, 411029
sales@stellarmr.com
+91 9607365656

About Stellar Market Research
Established in 2018, Stellar Market Research is an India-based consulting and advisory firm focused on helping clients reach their business transformation objectives with advisory services and strategic business. The company's vision is to be an integral part of the client's business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.

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