The global packaging market has witnessed a substantial growth in recent years. The high demand from the end-use industries especially food & beverage, increased requirement for convenience among consumers, favourable government policies and regulations pertaining to packaging recycling as well as rising health awareness among consumers worldwide are the key factors fuelling the growth of the global packaging market. The growing trend of smaller households as well as development of new packaging material are other main factors which will help the market grow at a substantial rate during the forecast period.

Rigid Plastic Packaging is the expected to be the fastest growing material segment for packaging during the forecast period owing to increased demand from food and beverage end-user industry. The increasing demand for rigid plastic packaging from the key economies of the Asia-Pacific region such as India and China will further propel the growth of rigid plastic packaging during the forecast period. Food and Beverage industry is estimated to hold the largest share in global packaging market in 2016.

The increased demand from the food and beverage industry, presence of large number of packaging film manufacturers as well as rising usage of plastic packaging are the key factors propelling the growth of packaging market in the Asia-Pacific region. The rise in GDP growth rates coupled with increasing disposable income of people of emerging economies especially China and India are further bolstering the growth of the market in the region. North America and Europe are the other key dominant regions in the global packaging market. United States is the key country in the North American region.

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This research report on packaging market provides in-depth analysis of the global packaging market based on material, application and major geographies for the period from 2016 to 2021. The report highlights the major market drivers pushing the growth and challenges faced by market participants. The research report provides market size and forecast for packaging market. The report also analyses the competitive landscape and the major player and their strategies in 2016. The competitive landscape section of the report also captures and highlights the recent development in the market.

The report also profiles the major companies active in this field, including Amcor Limited, Mondi, Sealed Air Corporation, Ball, Crown Holdings, ProAmpac., Reynolds Group Holdings, Berry Plastics Group Inc., Coveris Holdings S.A and Bemis Company Inc.

Key questions this research would answer:

1. Is the packaging market growing? How long will it continue to grow and at what rate?

2. What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints in the future?

3. What are the regional revenue and forecast breakdowns? What are the regional hotspots for growth in the packaging market?

4. What are the various application areas and how they are poised to grow?

The global packaging market is segmented on the basis of material, application and geography:

Global Packaging Market by Material
• Board Packaging
• Rigid Plastic Packaging
• Metal Packaging
• Flexible Packaging
• Glass Packaging

Global Packaging Market by Application
• Food & Beverages
• Healthcare
• Cosmetics & Toiletries
• Other Applications

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Global Packaging Market by Region
• North America
• Europe
• Asia-Pacific
• RoW

Global Silicone Gel Market Competitive Landscape
• Major Players and their Key Strategies
• New product launches
• Mergers and acquisitions
• Collaborations, partnerships, agreements and joint venture

For more details, browse the Table of Contents: https://www.gmiresearch.com/report/global-packaging-market/toc

About GMI Research

GMI Research is a market research and consulting firm which provides research-based solutions to business executives and investment professionals so that they can make right business & investment decisions faster based on real facts. We help business leaders through independent fact-based insight, ensuring their business achieve success by beating the competition.

GMI Research leverages its industry expertise and experience to identify the industry trends, big opportunities and potential growth areas across industries. Our Syndicated reports provide actionable insights and covers industry trends, market drivers & restraints, macroeconomics factors, market estimates & forecasts, competitive landscape etc. which helps our clients to strengthen its market position by deploying specific strategies and actions that will lead to higher growth.

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