Press release
Leading Growth Driver in the Retail Ready Packaging Market in 2025: Retail Sector Expansion Fuels Surge In Retail-Ready Packaging Market Driver's Influence
Retail Ready Packaging
The burgeoning retail sector is playing a significant role in propelling the growth of the retail-ready packaging market. This sector encompasses businesses that deal in selling goods in small quantities, either in physical stores or online. Retail-ready packaging is advantageous to this sector as it curbs labor costs, offers customers a more streamlined shopping experience, and fosters impromptu buying decisions. For example, the United States Census Bureau, a domestic government agency, reported in January 2024 that the United States' retail sales came to $6519.8 billion in 2021 but saw an increase of 8% to achieve $7041 billion in 2022. Hence, the swift expansion of the retail sector is fueling the growth of the retail-ready packaging market.
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What Is the projected market size and growth rate for the retail ready packaging market?
The market size for retail ready packaging has seen significant growth over the past few years. It is predicted to expand from a value of $87.73 billion in 2024, reaching an impressive $93.97 billion in 2025, indicating a compound annual growth rate (CAGR) of 7.1%. The impressive growth throughout the historic period can be credited to several factors including improved efficiency in shelf restocking, increased brand visibility, a decrease in packaging waste, cost reductions throughout the supply chain, and the decrease in in-store labor.
The market size of retail ready packaging is anticipated to witness substantial growth in the upcoming years, projecting to reach $134.97 billion by 2029 with a compound annual growth rate (CAGR) of 9.5%. The expected growth during the forecast period is due to several factors such as increased emphasis on efficiency, specific packaging needs for e-commerce, brand differentiation through customization, environmental factors and incorporation of automation. The prediction period also indicates significant trends like emphasis on minimizing packaging waste, adoption of intelligent packaging technologies, solutions specifically tailored for e-commerce packaging, rising popularity of stand-up pouches and flexible packaging, along with creative breakthroughs in shelf-ready packaging designs.
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What new trends are reshaping the retail ready packaging market and its opportunities?
The advent of new product innovations is a noticeable trend in the retail-ready packaging industry that's gaining traction. To strengthen their market position, firms involved in retail-ready packaging are introducing cutting-edge products. For example, in April 2022, Amcor PLC, a packaging company based in Australia, released their high-shield laminate packaging. This type of packaging is a fresh, eco-friendly, low-carbon and recyclable option that adheres to the stringent barrier and performance requisites of the industry. The newly introduced high-shield packaging, available in paper-based and polyolefin-based materials, comprises of more sustainable pharmaceutical sachet, stick pack and strip pack packaging solutions. The modern material composition aids pharmaceutical companies in distinguishing themselves in the market, ensuring their packaging is ready for recycling in line with local requirements.
What major market segments define the scope and growth of the retail ready packaging market?
The retail ready packaging market covered in this report is segmented -
1) By Product: Die Cut Display Boxes, Corrugated Boxes, Shrink Wrapped Trays, Folding Cartons, Other Products
2) By Material: Paper and Paperboard, Plastic
3) By Application: Food, Beverage, Cosmetics and Personal Care, Pharmaceuticals
Subsegments:
1) By Die Cut Display Boxes: Shelf-Ready Boxes, Display Trays
2) By Corrugated Boxes: Single-Wall Boxes, Double-Wall Boxes, Triple-Wall Boxes
3) By Shrink Wrapped Trays: Plastic Trays, Cardboard Trays
4) By Folding Cartons: Regular Slotted Cartons (RSC), Half Slotted Cartons, Full Overlap Cartons
5) By Other Products: Clamshell Packaging, Pouches, Blister Packaging
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Which region dominates the retail ready packaging market?
North America was the largest region in the retail ready packaging market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the retail ready packaging market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Which key market leaders are driving the retail ready packaging industry growth?
Major companies operating in the retail ready packaging market include WestRock Company, International Paper Company, Georgia-Pacific LLC, Amcor plc, Smurfit Kappa Group plc, Mondi plc, Graphic Packaging International LLC, Packaging Corporation of America, DS Smith plc, Huhtamaki Oyj, Orora Ltd., Pratt Industries Inc., SIG Combibloc Group Ltd., BillerudKorsnas AB, Clearwater Paper Corporation, Uflex Ltd., Green Bay Packaging Inc., PaperWorks Industries Inc., Delkor Systems Inc., Vanguard Packaging LLC, Caps Cases Ltd., Rondo Ganahl AG, Weedon Group Ltd., The Cardboard Box Company Ltd., Bennett Packaging Of Kansas City Inc., i2i Europe Ltd., Service Technology International Ltd., Bahmuller GmbH, Packaging Innovations Ltd., Detpak Packaging Philippines Inc., Atlas Packaging Ltd., Belmont Packaging Ltd.
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What Is Covered In The Retail Ready Packaging Global Market Report?
•Market Size Forecast: Examine the retail ready packaging market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the retail ready packaging market for a structured understanding.
•Key Players Overview: Analyze major players in the retail ready packaging market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the retail ready packaging market.
•Segment Contributions: Evaluate how different segments drive overall growth in the retail ready packaging market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the retail ready packaging market.
•Industry Challenges: Identify potential risks and obstacles affecting the retail ready packaging market.
•Competitive Landscape: Review strategic developments in the retail ready packaging market, including expansions, agreements, and new product launches.
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