The Asia-Pacific packaging industry market is anticipated to at a CAGR of 4.5% during the forecast period. Rising population, rising disposable income, rise in demand for attractively packaged materials are among the major motivators for the growth of the packaging industry market across the region. Along with this, the considerable presence of end-user industry verticals in the region such as the food industry, pharmaceutical industry, healthcare industry, and cosmetics industry in the region is further aiding to the regional market growth.
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India & China are the major contributors to the high growth of the regional market. According to the Indian Brand Equity Federation, India is the largest provider of generic drugs across the globe. Indian pharmaceutical sector supplies over 50 percent of global demand for various vaccines, 40% of generic demand in the US, and 25% of all medicine in the UK. With the growing pharmaceutical industry, the country’s pharmaceutical packaging industry will be increased which in turn will drive the packaging industry market in the region.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Asia-Pacific Packaging Industry Market By Material Type
- Plastic
- Metal
- Paper
- Glass
Asia-Pacific Packaging Industry Market by End-User Vertical
- Food
- Beverage
- Healthcare
- Cosmetics & Personal Care
- Industrial
- Others (Household Items)
Regional Analysis
- China
- Japan
- India
- Rest of Asia-Pacific
Company Profiles
- Amcor, Ltd.
- Balmer Lawrie & Co. Ltd..
- Berry Global Group
- Cosmo Films, Ltd.
- Dongguan Henghui Packaging Products Co., Ltd.
- Essel Propack, Ltd.
- Ester Industries, Ltd.
- Flexituff Ventures International Ltd.
- GPA Global
- Jindal Poly Films, Ltd.
- Kapco Packaging
- OJI India Packaging Pvt, Ltd.
- Parksons Packaging, Ltd.
- Polyplex Corporation, Ltd.
- PR Packagings, Ltd.
- Rengo Co. Ltd.
- Shanghai Forests Packaging Group Co., Ltd.
- Shenzhen Changfeng Plastic Packing Products Co., Ltd.
- Shenzhen Sinyu Plastic Packaging Co., Ltd.
- Shenzhen Wanli Printing Co., Ltd.TCPL Packaging, Ltd.
- Time Technoplast, Ltd.
- Uflex, Ltd.
- WestRock India Pvt. Ltd.
The Report Covers
- Comprehensive research methodology of the Asia-Pacific packaging industry market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the Asia-Pacific packaging industry market.
- Insights about market determinants which are stimulating the Asia-Pacific packaging industry market.
- Detailed and extensive market segments with the regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
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