Composite Packaging Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Description
Composite Packaging Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Composite Packaging Market
The composite packaging market size was valued at USD 49.00 billion in 2023, and the market is now projected to grow from USD 51.68 billion in 2024 to USD 83.44 billion by 2032, exhibiting a CAGR of 6.17% during the forecast period of 2024-2032.
During the COVID-19 pandemic, there has been a vast surge in demand for transport orders, specifically for groceries and takeout food merchandise, as shutdowns globally pressured clients to rely more on transport offerings for essential objects.
The growing call for custom designed packaging products is driving growth in the international composite packaging marketplace. Composite substances offer high degrees of customization, tailored to particular purchaser and enterprise necessities. This flexibility lets in for the selection of most suitable production materials and combinations, meeting various desires and fueling market enlargement.
The enormous growth in the e-commerce area is fueling call for fee-powerful packaging answers. Composite packaging has gained traction because of its versatility and durability, assembly the evolving wishes of on line companies. This fashion is driving the booming boom of the composite packaging market, aligning with the surge in e-trade sales.
Comprehensive Analysis of Composite Packaging Market
The composite packaging market growth is rising at an exponential rate due to its market segmentation. This market expansion effectively provides detailed regional assessments considering the dominant supply and demand forces that impact the industry. These segmentations are methodically segregated by material analysis and by end-use analysis. By material analysis include, plastic, metal, paper & paperboard and others. By end-use analysis include, healthcare, food & beverages, consumer goods, logistics & transportation and others.
The North America region lead the composite packaging market share by benefitting a market size of USD 15.70 billion in 2023 due to rising consumer preferences for environmentally friendly packaging solutions.
The top players in the market play a crucial role in the industry assuring market growth and setting market standards. These players include, Amcor, DS Smith, Mondi, Smurfit Kappa, Sonoco Products Company, Crown Holdings, Tetra Pak International, Coveris Holdings, Constantia Flexibles, NPP, GWP Packaging, Zipform Packaging, Envirocore CC, Canfab Packaging Inc., and SUPERPACKS Business Solutions LLP, these market players provide a level-playing competitive landscape.
In November 2023, Sonoco's acquisition of Amcor Packaging's composite can operations enhances its presence in the Asia Pacific market.
Segmentation Table
Attribute Details
Study Period 2019-2032
Base Year 2023
Estimated Year 2024
Forecast Period 2024-2032
Historical Period 2019-2022
Growth Rate CAGR of 6.17% from 2024 to 2032
Unit Value (USD Billion)
Segmentation By Material
Plastic
Paper & Paperboard
Metal
Others
By End-Use
Food & Beverages
Healthcare
Consumer Goods
Logistics & Transportation
Others
By Region
North America (By Material, End-Use, and Country)
- U.S. (By Material)
- Canada (By Material)
Europe (By Material, End-Use, and Country)
- Germany (By Material)
- U.K. (By Material)
- France (By Material)
- Italy (By Material)
- Spain (By Material)
- Russia (By Material)
- Poland (By Material)
- Romania (By Material)
- Rest of Europe (By Material)
Asia Pacific (By Material, End-Use, and Country)
- China (By Material)
- India (By Material)
- Japan(By Material)
- Australia (By Material)
- Southeast Asia (By Material)
- Rest of Asia Pacific (By Material)
Latin America (By Material, End-Use, and Country)
- Brazil (By Material)
- Mexico (By Material)
- Argentina (By Material)
- Rest of Latin America (By Material)
The Middle East & Africa (By Material, End-Use, and Country)
- Saudi Arabia (By Material)
- UAE (By Material)
- Oman (By Material)
- South Africa (By Material)
- Rest of the Middle East & Africa (By Material)
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Table of Contents
200 Pages
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
- 4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Porter’s Five Forces Analysis
- 4.5. Value Chain Analysis
- 4.6. Global Packaging Industry Outlook
- 4.7. Impact of COVID-19 on the Composite Packaging Market
- 5. Global Composite Packaging Market Analysis (USD Billion), Insights and Forecast, 2019-2032
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Material
- 5.2.1. Plastic
- 5.2.2. Paper & Paperboard
- 5.2.3. Metal
- 5.2.4. Others
- 5.3. Market Analysis, Insights and Forecast – By End Use
- 5.3.1. Food & Beverages
- 5.3.2. Healthcare
- 5.3.3. Consumer Goods
- 5.3.4. Logistics & Transportation
- 5.3.5. Others
- 5.4. Market Analysis, Insights and Forecast – By Region
- 5.4.1. North America
- 5.4.2. Europe
- 5.4.3. Asia Pacific
- 5.4.4. Latin America
- 5.4.5. Middle East & Africa
- 6. North America Composite Packaging Market Analysis (USD Billion), Insights and Forecast, 2019-2032
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Material
- 6.2.1. Plastic
- 6.2.2. Paper & Paperboard
- 6.2.3. Metal
- 6.2.4. Others
- 6.3. Market Analysis, Insights and Forecast – By End Use
- 6.3.1. Food & Beverages
- 6.3.2. Healthcare
- 6.3.3. Consumer Goods
- 6.3.4. Logistics & Transportation
- 6.3.5. Others
- 6.4. Market Analysis, Insights and Forecast – By Country
- 6.4.1. U.S. Market Analysis, Insights and Forecast – By Material
- 6.4.1.1. Plastic
- 6.4.1.2. Paper & Paperboard
- 6.4.1.3. Metal
- 6.4.1.4. Others
- 6.4.2. Canada Market Analysis, Insights and Forecast – By Material
- 6.4.2.1. Plastic
- 6.4.2.2. Paper & Paperboard
- 6.4.2.3. Metal
- 6.4.2.4. Others
- 7. Europe Composite Packaging Market Analysis (USD Billion), Insights and Forecast, 2019-2032
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Material
- 7.2.1. Plastic
- 7.2.2. Paper & Paperboard
- 7.2.3. Metal
- 7.2.4. Others
- 7.3. Market Analysis, Insights and Forecast – By End Use
- 7.3.1. Food & Beverages
- 7.3.2. Healthcare
- 7.3.3. Consumer Goods
- 7.3.4. Logistics & Transportation
- 7.3.5. Others
- 7.4. Market Analysis, Insights and Forecast – By Country
- 7.4.1. Germany Market Analysis, Insights and Forecast – By Material
- 7.4.1.1. Plastic
- 7.4.1.2. Paper & Paperboard
- 7.4.1.3. Metal
- 7.4.1.4. Others
- 7.4.2. U.K. Market Analysis, Insights and Forecast – By Material
- 7.4.2.1. Plastic
- 7.4.2.2. Paper & Paperboard
- 7.4.2.3. Metal
- 7.4.2.4. Others
- 7.4.3. France Market Analysis, Insights and Forecast – By Material
- 7.4.3.1. Plastic
- 7.4.3.2. Paper & Paperboard
- 7.4.3.3. Metal
- 7.4.3.4. Others
- 7.4.4. Italy Market Analysis, Insights and Forecast – By Material
- 7.4.4.1. Plastic
- 7.4.4.2. Paper & Paperboard
- 7.4.4.3. Metal
- 7.4.4.4. Others
- 7.4.5. Spain Market Analysis, Insights and Forecast – By Material
- 7.4.5.1. Plastic
- 7.4.5.2. Paper & Paperboard
- 7.4.5.3. Metal
- 7.4.5.4. Others
- 7.4.6. Russia Market Analysis, Insights and Forecast – By Material
- 7.4.6.1. Plastic
- 7.4.6.2. Paper & Paperboard
- 7.4.6.3. Metal
- 7.4.6.4. Others
- 7.4.7. Poland Market Analysis, Insights and Forecast – By Material
- 7.4.7.1. Plastic
- 7.4.7.2. Paper & Paperboard
- 7.4.7.3. Metal
- 7.4.7.4. Others
- 7.4.8. Romania Market Analysis, Insights and Forecast – By Material
- 7.4.8.1. Plastic
- 7.4.8.2. Paper & Paperboard
- 7.4.8.3. Metal
- 7.4.8.4. Others
- 7.4.9. Rest of Europe Market Analysis, Insights and Forecast – By Material
- 7.4.9.1. Plastic
- 7.4.9.2. Paper & Paperboard
- 7.4.9.3. Metal
- 7.4.9.4. Others
- 8. Asia Pacific Composite Packaging Market Analysis (USD Billion), Insights and Forecast, 2019-2032
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Material
- 8.2.1. Plastic
- 8.2.2. Paper & Paperboard
- 8.2.3. Metal
- 8.2.4. Others
- 8.3. Market Analysis, Insights and Forecast – By End Use
- 8.3.1. Food & Beverages
- 8.3.2. Healthcare
- 8.3.3. Consumer Goods
- 8.3.4. Logistics & Transportation
- 8.3.5. Others
- 8.4. Market Analysis, Insights and Forecast – By Country
- 8.4.1. China Market Analysis, Insights and Forecast – By Material
- 8.4.1.1. Plastic
- 8.4.1.2. Paper & Paperboard
- 8.4.1.3. Metal
- 8.4.1.4. Others
- 8.4.2. India Market Analysis, Insights and Forecast – By Material
- 8.4.2.1. Plastic
- 8.4.2.2. Paper & Paperboard
- 8.4.2.3. Metal
- 8.4.2.4. Others
- 8.4.3. Japan Market Analysis, Insights and Forecast – By Material
- 8.4.3.1. Plastic
- 8.4.3.2. Paper & Paperboard
- 8.4.3.3. Metal
- 8.4.3.4. Others
- 8.4.4. Australia Market Analysis, Insights and Forecast – By Material
- 8.4.4.1. Plastic
- 8.4.4.2. Paper & Paperboard
- 8.4.4.3. Metal
- 8.4.4.4. Others
- 8.4.5. Southeast Asia Market Analysis, Insights and Forecast – By Material
- 8.4.5.1. Plastic
- 8.4.5.2. Paper & Paperboard
- 8.4.5.3. Metal
- 8.4.5.4. Others
- 8.4.6. Rest of Asia Pacific Market Analysis, Insights and Forecast – By Material
- 8.4.6.1. Plastic
- 8.4.6.2. Paper & Paperboard
- 8.4.6.3. Metal
- 8.4.6.4. Others
- 9. Latin America Composite Packaging Market Analysis (USD Billion), Insights and Forecast, 2019-2032
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Material
- 9.2.1. Plastic
- 9.2.2. Paper & Paperboard
- 9.2.3. Metal
- 9.2.4. Others
- 9.3. Market Analysis, Insights and Forecast – By End Use
- 9.3.1. Food & Beverages
- 9.3.2. Healthcare
- 9.3.3. Consumer Goods
- 9.3.4. Logistics & Transportation
- 9.3.5. Others
- 9.4. Market Analysis, Insights and Forecast – By Country
- 9.4.1. Brazil Market Analysis, Insights and Forecast – By Material
- 9.4.1.1. Plastic
- 9.4.1.2. Paper & Paperboard
- 9.4.1.3. Metal
- 9.4.1.4. Others
- 9.4.2. Mexico Market Analysis, Insights and Forecast – By Material
- 9.4.2.1. Plastic
- 9.4.2.2. Paper & Paperboard
- 9.4.2.3. Metal
- 9.4.2.4. Others
- 9.4.3. Argentina Market Analysis, Insights and Forecast – By Material
- 9.4.3.1. Plastic
- 9.4.3.2. Paper & Paperboard
- 9.4.3.3. Metal
- 9.4.3.4. Others
- 9.4.4. Rest of Latin America Market Analysis, Insights and Forecast – By Material
- 9.4.4.1. Plastic
- 9.4.4.2. Paper & Paperboard
- 9.4.4.3. Metal
- 9.4.4.4. Others
- 10. Middle East & Africa Composite Packaging Market Analysis (USD Billion), Insights and Forecast, 2019-2032
- 10.1. Key Findings / Summary
- 10.2. Market Analysis, Insights and Forecast – By Material
- 10.2.1. Plastic
- 10.2.2. Paper & Paperboard
- 10.2.3. Metal
- 10.2.4. Others
- 10.3. Market Analysis, Insights and Forecast – By End Use
- 10.3.1. Food & Beverages
- 10.3.2. Healthcare
- 10.3.3. Consumer Goods
- 10.3.4. Logistics & Transportation
- 10.3.5. Others
- 10.4. Market Analysis, Insights and Forecast – By Country
- 10.4.1. Saudi Arabia Market Analysis, Insights and Forecast – By Material
- 10.4.1.1. Plastic
- 10.4.1.2. Paper & Paperboard
- 10.4.1.3. Metal
- 10.4.1.4. Others
- 10.4.2. UAE Market Analysis, Insights and Forecast – By Material
- 10.4.2.1. Plastic
- 10.4.2.2. Paper & Paperboard
- 10.4.2.3. Metal
- 10.4.2.4. Others
- 10.4.3. Oman Market Analysis, Insights and Forecast – By Material
- 10.4.3.1. Plastic
- 10.4.3.2. Paper & Paperboard
- 10.4.3.3. Metal
- 10.4.3.4. Others
- 10.4.4. South Africa Market Analysis, Insights and Forecast – By Material
- 10.4.4.1. Plastic
- 10.4.4.2. Paper & Paperboard
- 10.4.4.3. Metal
- 10.4.4.4. Others
- 10.4.5. Rest of Middle East & Africa Market Analysis, Insights and Forecast – By Material
- 10.4.5.1. Plastic
- 10.4.5.2. Paper & Paperboard
- 10.4.5.3. Metal
- 10.4.5.4. Others
- 11. Competitive Analysis
- 11.1. Company Market Share Analysis, 2023
- 11.2. Company Profile
- 11.2.1. Amcor
- 11.2.1.1. Business Overview
- 11.2.1.2. Product & Service Offering
- 11.2.1.3. Financials
- 11.2.1.4. Recent Development
- 11.2.2. DS Smith
- 11.2.2.1. Business Overview
- 11.2.2.2. Product & Service Offering
- 11.2.2.3. Financials
- 11.2.2.4. Recent Development
- 11.2.3. Mondi
- 11.2.3.1. Business Overview
- 11.2.3.2. Product & Service Offering
- 11.2.3.3. Financials
- 11.2.3.4. Recent Development
- 11.2.4. Smurfit Kappa
- 11.2.4.1. Business Overview
- 11.2.4.2. Product & Service Offering
- 11.2.4.3. Financials
- 11.2.4.4. Recent Development
- 11.2.5. Sonoco Products Company
- 11.2.5.1. Business Overview
- 11.2.5.2. Product & Service Offering
- 11.2.5.3. Financials
- 11.2.5.4. Recent Development
- 11.2.6. Crown Holdings
- 11.2.6.1. Business Overview
- 11.2.6.2. Product & Service Offering
- 11.2.6.3. Financials
- 11.2.6.4. Recent Development
- 11.2.7. Tetra Pak International
- 11.2.7.1. Business Overview
- 11.2.7.2. Product & Service Offering
- 11.2.7.3. Financials
- 11.2.7.4. Recent Development
- 11.2.8. Coveris Holdings
- 11.2.8.1. Business Overview
- 11.2.8.2. Product & Service Offering
- 11.2.8.3. Financials
- 11.2.8.4. Recent Development
- 11.2.9. Constantia Flexibles
- 11.2.9.1. Business Overview
- 11.2.9.2. Product & Service Offering
- 11.2.9.3. Financials
- 11.2.9.4. Recent Development
- 11.2.10. NPP
- 11.2.10.1. Business Overview
- 11.2.10.2. Product & Service Offering
- 11.2.10.3. Financials
- 11.2.10.4. Recent Development
- 11.2.11. GWP Packaging
- 11.2.11.1. Business Overview
- 11.2.11.2. Product & Service Offering
- 11.2.11.3. Financials
- 11.2.11.4. Recent Development
- 11.2.12. Zipform Packaging
- 11.2.12.1. Business Overview
- 11.2.12.2. Product & Service Offering
- 11.2.12.3. Financials
- 11.2.12.4. Recent Development
- 11.2.13. Envirocore CC
- 11.2.13.1. Business Overview
- 11.2.13.2. Product & Service Offering
- 11.2.13.3. Financials
- 11.2.13.4. Recent Development
- 11.2.14. Canfab Packaging Inc.
- 11.2.14.1. Business Overview
- 11.2.14.2. Product & Service Offering
- 11.2.14.3. Financials
- 11.2.14.4. Recent Development
- 11.2.15. SUPERPACKS Business Solutions LLP
- 11.2.15.1. Business Overview
- 11.2.15.2. Product & Service Offering
- 11.2.15.3. Financials
- 11.2.15.4. Recent Development
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