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FMCG Packaging Market Set to Surge to USD 1,133.1 Billion by 2033 at a 3.95% CAGR

12-05-2024 10:51 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

FMCG Packaging Market

FMCG Packaging Market

๐†๐ฅ๐จ๐›๐š๐ฅ ๐…๐Œ๐‚๐† ๐๐š๐œ๐ค๐š๐ ๐ข๐ง๐  ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ: ๐Š๐ž๐ฒ ๐’๐ญ๐š๐ญ๐ข๐ฌ๐ญ๐ข๐œ๐ฌ ๐š๐ง๐ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐ข๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ“-๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ‘

๐’๐ฎ๐ฆ๐ฆ๐š๐ซ๐ฒ:

โ— The globalย FMCG packaging market size reached USD 795.61 Billion in 2024.
โ— The market is expected to reach USD 1,133.1 Billion by 2033, exhibiting a growth rate (CAGR) of 3.95% during 2025-2033.
โ— Asia Pacific leads the market, accounting for the largest FMCG packaging market share.
โ— Plastic holds the biggest market share attributed to its cost-effectiveness, durability, and versatility, making it a preferred choice for packaging solutions across various product categories.
โ— Food and beverages represent the largest segment due to the constant demand for packaging solutions to preserve and deliver perishable goods efficiently to individuals.
Rising environmental concerns shaping user preferences and regulatory policies are driving the fast-moving consumer goods (FMCG) packaging industry towards sustainable solutions.
โ— The rising demand for convenience in product packaging by individuals with hectic lifestyles is contributing to the market growth.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐Ÿ๐จ๐ซ ๐š ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐œ๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ:ย https://www.imarcgroup.com/fmcg-packaging-market/requestsample

๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐“๐ซ๐ž๐ง๐๐ฌ ๐š๐ง๐ ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ:

โ— ๐’๐ฎ๐ฌ๐ญ๐š๐ข๐ง๐š๐›๐ข๐ฅ๐ข๐ญ๐ฒ ๐‚๐จ๐ง๐œ๐ž๐ซ๐ง๐ฌ:

Presently, there is a growing social consciousness amongst customers with concern to how the environment affects their buying behaviours and Governmental legislation contributes to sustainability trends the FMCG packaging industry. This shift is described in the percentage terms of biodegradable, recyclable and environmentally friendly packing materials. The growth of the market is due to companies using eco-friendly packaging, not only to contribute to reducing their carbon footprint, but to appeal to the target consumer. The control measures like restriction on the use of plastics and any produce that has a high carbon footprint have shifted the pressure towards packaging to adopt materials such as plant based-plastic, paper, bio-degradable polymers and the like right from the life cycle of FMCG products.

โ— ๐ˆ๐ง๐œ๐ซ๐ž๐š๐ฌ๐ข๐ง๐  ๐ƒ๐ž๐ฆ๐š๐ง๐ ๐Ÿ๐จ๐ซ ๐‚๐จ๐ง๐ฏ๐ž๐ง๐ข๐ž๐ง๐œ๐ž ๐ข๐ง ๐๐ซ๐จ๐๐ฎ๐œ๐ญ ๐๐š๐œ๐ค๐š๐ ๐ข๐ง๐ :

This market is being fuelled by factors including; there are many products today that need this kind of packaging as most people have very busy schedules. This is particularly conspicuous in urban markets where time conscious people prefer products that are easy to use, to handle and to discard. Other consumer preference are durable packs conveniently tamper evident packs, single serving packs, lightweight material etc. However, convenience from packaging perspective does not end with the exterior designs only but can also mean and end with easy dispensing convenience, convenience in storage and convenience in carriage. Moreover, booming time consumers spend for shopping significantly indicates that there are improvements in the technologies of packaging materials that help maintain food products fresh and easily consumable by fingers or hands.

โ— ๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐œ๐š๐ฅ ๐€๐๐ฏ๐š๐ง๐œ๐ž๐ฆ๐ž๐ง๐ญ๐ฌ:

Growing innovations in material packaging technologies are giving rise to better and effective packaging systems. This includes material areas that increase the shelf life of products and protect them from harsh environmental conditions. Also, the growing use of features like QR codes, NFC and RFID tags in packaging improves tracking, increases consumer interest through features like integration of codes and tags in the design and helps in the process of checking the authenticity of the package. These technologies are not only useful in improving the interface presented to the user but also in collecting data insights that are very useful for manufacturers and retailers of products in the supply chain and marketing respectively.

๐๐ฎ๐ฒ ๐…๐ฎ๐ฅ๐ฅ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:ย https://www.imarcgroup.com/checkout?id=5259&method=502

๐…๐Œ๐‚๐† ๐๐š๐œ๐ค๐š๐ ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

๐๐ฒ ๐๐š๐œ๐ค๐š๐ ๐ข๐ง๐  ๐“๐ฒ๐ฉ๐ž:

โ— Flexible Packaging
โ— Rigid Packaging

On the basis of the packaging type, the market has been divided into flexible packaging and rigid packaging.

๐๐ฒ ๐Œ๐š๐ญ๐ž๐ซ๐ข๐š๐ฅ:

โ— Paper
โ— Plastic
โ— Metal
โ— Glass
โ— Others

Plastic holds the biggest market share attributed to its cost-effectiveness, durability, and versatility, making it a preferred choice for packaging solutions across various product categories.

๐๐ฒ ๐„๐ง๐ ๐”๐ฌ๐ž ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:

โ— Food and Beverages
โ— Cosmetic and Personal Care
โ— Others

Food and beverages represent the largest segment due to the constant demand for packaging solutions to preserve and deliver perishable goods efficiently to individuals.

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:

โ— North America (United States, Canada)
โ— Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
โ— Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
โ— Latin America (Brazil, Mexico, Others)
โ— Middle East and Africa

Asia Pacific dominates the market primarily on account of the increasing consumption of convenient food products among the masses.

๐€๐ฌ๐ค ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ญ ๐Ÿ๐จ๐ซ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:ย https://www.imarcgroup.com/request?type=report&id=5259&flag=C

๐“๐จ๐ฉ ๐…๐Œ๐‚๐† ๐๐š๐œ๐ค๐š๐ ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‹๐ž๐š๐๐ž๐ซ๐ฌ:

The FMCG packaging market research report outlines a detailed analysis of the competitive landscape, offering in-depth profiles of major companies. Some of the key players in the market are:

โ— Albรฉa Group
โ— Amcor plc
โ— AptarGroup Inc.
โ— Ball Corporation
โ— Berry Global Inc.
โ— Consol Glass (Pty) Ltd
โ— Crown Holdings Inc.
โ— DS Smith PLC
โ— Graham Packaging Company
โ— Sealed Air Corporation
โ— Sonoco Products Company
โ— Tetra Pak International S.A.
โ— Toyo Seikan Group Holdings Ltd.

๐๐จ๐ญ๐ž: ๐ˆ๐Ÿ ๐ฒ๐จ๐ฎ ๐ซ๐ž๐ช๐ฎ๐ข๐ซ๐ž ๐š๐ง๐ฒ ๐ฌ๐ฉ๐ž๐œ๐ข๐Ÿ๐ข๐œ ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐ญ๐ก๐š๐ญ ๐ข๐ฌ ๐ง๐จ๐ญ ๐œ๐จ๐ฏ๐ž๐ซ๐ž๐ ๐œ๐ฎ๐ซ๐ซ๐ž๐ง๐ญ๐ฅ๐ฒ ๐ฐ๐ข๐ญ๐ก๐ข๐ง ๐ญ๐ก๐ž ๐ฌ๐œ๐จ๐ฉ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ, ๐ฐ๐ž ๐ฐ๐ข๐ฅ๐ฅ ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ž ๐ญ๐ก๐ž ๐ฌ๐š๐ฆ๐ž ๐š๐ฌ ๐š ๐ฉ๐š๐ซ๐ญ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐œ๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง.

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ:

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

Email:ย sales@imarcgroup.com

Tel No:(D) +91 120 433 0800

United States: +1-631-791-1145

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:

IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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