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2025-2034 Retail Ready Packaging Market Outlook: Key Drivers, Emerging Challenges, and Strategic Insights
Retail Ready Packaging Market
What Will the Retail Ready Packaging Industry Market Size Be by 2025?
The retail ready packaging market experienced strong growth, climbing from $87.73 billion in 2024 to $93.04 billion in 2025 at a CAGR of 6.1%. This growth was fueled by efficient shelf restocking, improved brand visibility, reduced packaging waste, supply chain savings, and lower in-store labor needs.
What's the Long-Term Growth Forecast for the Retail Ready Packaging Market Size Through 2029?
In the coming years, the market size for retail-ready packaging is projected to witness sturdy growth. It is set to reach $132.13 billion by 2029, growing at a compound annual growth rate (CAGR) of 9.2%. The anticipated growth within the forecast period can be credited to ongoing emphasis on efficiency, the rising needs of e-commerce packaging, personalized packaging for brand uniqueness, environmental considerations, and the incorporation of automation. Significant trends for the forecast period encompass focus on minimizing packaging waste, the adoption of intelligent packaging technologies, e-commerce compatible packaging solutions, increased acceptability of stand-up pouches and flexible packaging, and novel developments in shelf-ready packaging designs.
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What Are the Key Growth Drivers Fueling the Retail Ready Packaging Market Expansion?
The retail sector's swift proliferation contributes prominently to the enhancement of the retail-ready packaging market. Comprising enterprises that sell commodities in small portions via physical stores or online, the retail sector finds retail-ready packaging beneficial. This benefit arises due to the reduction in labor costs, effective shopping experiences it offers for customers, and promoted impromptu buying behavior. Citing the United States Census Bureau, a governmental body of the US, the retail sales within the nation stood at $6519.8 billion in 2021. This figure experienced an 8% rise, escalating to $7041 billion in 2022, as recorded in January 2024. Consequently, the fast-paced expansion witnessed in the retail sector propels the retail-ready packaging market's growth.
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What Are the Key Trends Driving Retail Ready Packaging Market Growth?
Innovations in product development are becoming a prominent trend in the retail-ready packaging industry. Businesses in this sector are focusing on creating advanced products to bolster their market standing. For instance, in April 2022, Amcor PLC, a packaging company based in Australia, launched a high-shield laminate packaging. This new packaging solution is a recyclable, low-carbon option that meets the high barrier and performance standards in the industry. The newly introduced High Shield packaging varieties, available in both paper-based and polyolefin-based materials, include pharmaceutical sachet, stick pack, and strip pack packaging that are more eco-friendly. These inventive material structures assist pharmaceutical companies to stand out in the marketplace by being ready for recycling according to regional requirements.
How Is the Retail Ready Packaging Market Segmented?
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 Companies Are Leading the Charge in Retail Ready Packaging Market Innovation?
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.
Which Regions Are Leading the Global Retail Ready Packaging Market in Revenue?
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.
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