The global Packaging Materials market was valued at 75769.59 Million USD in 2021 and will grow with a CAGR of 1.63% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

High growth in the global food & beverage industry will propel packaging materials demand during the forecast years. These products are extensively used in the packaging of raw & processed food items. They are also increasingly used in packaging bulk food products such as grains, cereals, etc. Rising consumption of frozen meat products, canned sea-foods, and ready-to-eat meals across the globe will augment the packing materials market growth. High consumption of alcoholic and non-alcoholic beverages will also be a major growth enabler for the market.Rising demand for personal care products will also have a positive impact on the packing materials market growth. Rising income levels of consumers in emerging economies and willingness to spend on personal grooming will increase beauty and skin care products` demand in coming years. The global personal care products industry will surpass USD 600 billion by 2024 and will drive demand for packing materials during the forecast period.

By Market Verdors:

Amcor

Ball Corporation

Crown Holdings

International Paper

Mondi

Owens-Illinois

Reynolds Group

Sealed Air

Stora Enso

WestRock

Amcor

COVERIS

Berry Plastics

DS Smith

Graphic Packaging

By Types:

Paper & Cardboard

Rigid Plastic

Metal

Flexible Plastic

Glass

Wood

Textile

By Applications:

Food

Beverage

Healthcare

Cosmetics

Household Products

Chemicals

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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