IMARC Group’s latest research report, titled “FMCG Packaging Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027,” offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.
The global FMCG packaging market reached a value of US$ 672.5 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 901.2 Billion by 2027 exhibiting a CAGR of 4.70% during 2022-2027.
Fast-moving consumer goods (FMCG), also called consumer packaged goods (CPG), are the high-demand products that are sold at relatively low prices. They include beverages, processed foods, vegetables, fruits, toiletries, etc. FMCG packaging solutions include plastic, metal, glass, paperboard, etc., which help protect the enclosed product from contamination by inhibiting the growth of microorganisms so as to maintain the quality of goods, ensure longer shelf life, provide unique packaging solutions for brands, etc.
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Important Attribute and highlights of the Report:
- Detailed analysis of the global market share
- Market Segmentation by packaging type, material and end use industry and region.
- Historical, current, and projected size of the market in terms of volume and value
- Latest industry trends and developments
- Competitive Landscape for FMCG Packaging Market
- Strategies of major players and product offerings
The widespread adoption of protective packaging materials across the cosmetic, pharmaceutical, personal care, and food and beverage (F&B) sectors for maintaining the product efficacy and quality is primarily driving the FMCG packaging market. In line with this, FMCG companies are adopting modern technologies to incorporate innovative packaging solutions with improved quality, which is further catalyzing the market growth. Moreover, the rising environmental consciousness among consumers is propelling the usage of recyclable pouches and aluminum cans, owing to them being lightweight, stackable, strong, sustainable, etc., which is also augmenting the global market.
In addition to this, the inflating popularity of online retail platforms and the expanding e-commerce distribution channel infrastructures are acting as significant growth-inducing factors. Furthermore, the emerging trend of strategic collaborations between key players to develop aesthetically appealing and personalized packaging solutions that communicate, market, and advertise the brand identity and products is anticipated to fuel the FMCG packaging market in the coming years.
Key Players Included in Global Research Report:
- Albéa Group
- Amcor plc
- AptarGroup Inc.
- Ball Corporation
- Berry Global Inc.
- Consol Glass (Pty) Ltd
- Crown Holdings Inc.
- DS Smith PLC
- Graham Packaging Company
- Sealed Air Corporation
- Sonoco Products Company
- Tetra Pak International S.A.
- Toyo Seikan Group Holdings Ltd.
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COVID-19 Impact Overview:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Breakup by Packaging Type:
- Flexible Packaging
- Rigid Packaging
Breakup by Material:
The Breakup by End Use Industry:
- Food and Beverages
- Cosmetic and Personal Care
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
TOC for the FMCG Packaging Market Research Report:
- Scope and Methodology
- Executive Summary
- Global FMCG Packaging Market
- SWOT Analysis
- Value Chain Analysis
- Price Analysis
- Competitive Landscape
Who we are:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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