1. Market Research
  2. > Manufacturing Market Trends
  3. > Packaging

Packaging Market Research: Latest Industry Research, Anaysis & Trends

  • Currently 4/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
22 votes

Global Packaging Manufacturing Industry

The global packaging industry generates $500 billion yearly, accounting for between 1% and 2% of gross domestic product in industrialized nations, according to the World Packaging Organization. There are 100,000 packaging manufacturing companies in operation, representing 5 million jobs.

Packaging technology has been undergoing rapid development over the past few decades, with consumers reliant on packaging for food safety and transportability in particular. The explosion of supermarkets and convenience foods would not have been possible without developments in packaging.

Recent advances in environmentally friendly packaging are helping packaging manufacturers meet demand for recyclable products as consumers seek to reduce waste and limit the harmful impact of modern living on the environment. Sustainability is a major issue for the packaging industry moving forward as companies reliant on the industry are obliged to comply with changing government legislation encouraging recycling. Producing lightweight alternatives to traditional packaging is also key as companies seek to cut transport costs.

Role of Packaging

Packaging is not an end product but a mode of transport and protection for other products. Companies choose from a host of packaging options for their own products with the aim of keeping transport costs to a minimum and delivering their products to the customer with minimal or no damage. One constant challenge for packaging manufacturers is producing increasingly lightweight packaging. Over the past three decades, the weight of glass bottles and steel cans have effectively been halved, reports the UK Packaging Federation.

Apart from protecting products such as foodstuffs, and facilitating transport, packaging also plays a role in attracting customers through aesthetic display. Packaging must strike a balance between minimizing additional weight to a product and protecting the product, particularly in the case of perishable food products. Regions with inferior packaging and distribution networks pay the price in terms of waste. In certain parts of Eastern Europe for example, up to 50% of food products become waste before reaching the consumer; whereas less than 3% of food is wasted in Western Europe due to a better packaging system, according to the UK Packaging Federation.

Packaging also fills the function of labeling products, for example setting out how the product should be stored or used. Packaging must be increasingly adaptable, providing for different environments such as products that must be frozen or cooked without removing the product from its packaging.

Safety requirements must also be respected in the manufacture of packaging; for example certain products, such as cleaning products or medicines, may necessitate childproof opening devices.

Packaging Industry Key Segments

The US market growth for converted flexible packaging Market growth will be fuelled by economic recovery along with a cost and performance advantage over rigid packaging, and rising demand for processed food products necessitating packaging that maximizes shelf life. Converted flexible packaging is becoming a favorite as consumers and governments go green to protect the environment.

Growing demand for convenience foods in ready-to-eat format with accompanying demand for lightweight, aesthetically pleasing packaging are fuelling tin packaging market growth. Advantages afforded by this type of packaging include sustainable packaging, re-sealable containers and the convenience of single-serve food products.

 

Read more »

Share
24/7 Customer Support

Talk to Sam

+1 646 893 5945

1-10 of about 2500 reports

Global Food Packaging Demand Analysis - Forecast

  • August 2017
    5 pages
  • Food Packaging  

  • World  

    Asia  

    Europe  

View report >

Packaging Markets in the US - Forecast

  • September 2017
    14 pages
  • United States  

View report >

Packaging Industry in Germany and Europe

  • September 2017
    18 pages
  • Packaging  

  • Germany  

    Europe  

View report >

Packaging Markets in Asia

  • September 2017
    8 pages
  • Packaging  

  • Asia  

    United States  

    Europe  

View report >

Packaging Industry in Japan

  • July 2017
    7 pages
  • Packaging  

  • Japan  

View report >

Packaging Markets in France

  • July 2017
    28 pages
  • Packaging  

    E-Commerce  

  • France  

View report >

Packaging Markets in Germany

  • September 2017
    35 pages
  • Germany  

    Europe  

View report >

Packaging Industry in Italy and Europe - Forecast

  • July 2017
    33 pages
  • Packaging  

  • Italy  

    Europe  

View report >

The future of the Packaging Industry in the UK

  • October 2017
    7 pages
  • Packaging  

    Plastic  

  • United Kingdom  

    World  

View report >

Packaging Industry in Canada - Forecast

  • July 2017
    8 pages
  • Packaging  

  • Canada  

    World  

View report >

Search in Packaging Industry (About 2500 reports)
Parent industry: Manufacturing
Related industries: Electronics Manufacturing, Furniture Manufacturing, Industrial Equipment, Electrical Equipment, Metal Manufacturing, Printing, Shipbuilding, Publishing

About 3700 reports

Purchase Reports From Reputable Market Research Publishers
(From $ 149 - $ 21989)

Glass Packaging Product Markets in the World to 2021 - Market Size, Trends, and Forecasts

  • $ 26587
  • Industry report
  • July 2017
  • by Global Research & Data Services

This industry report package offers the most up-to-date market data on the actual market situation, trends, and future outlook for glass packaging products in the world. Along with a global glass packaging ...

Plastic Bag And Sack Markets In The World To 2021 - Mar ...

July 2017 $ 26321

Plastic Packaging Product Markets In The World To 2021 ...

July 2017 $ 26321

Glass Packaging Product Markets In Europe To 2021 - Mar ...

July 2017 $ 12622

Plastic Bag And Sack Markets In Europe To 2021 - Market ...

July 2017 $ 12223

Plastic Packaging Product Markets In Europe To 2021 - M ...

July 2017 $ 12223

Flexible Packaging Market By Material, Printing Technol ...

May 2016 $ 9000

Flexible Plastic Packaging Market By Type, Material, Pr ...

May 2017 $ 9000

Glass Packaging Product Markets In Asia To 2021 - Marke ...

July 2017 $ 10494

Plastic Packaging Product Markets In Asia To 2021 - Mar ...

July 2017 $ 9962

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.