The packaging materials market was valued at $922.95 billion in 2018 and is expected to reach $1134.65 billion by 2027 and is expected to grow at a CAGR of 2% from 2021 to 2027.
The growing demand for personal care products will have a positive impact on the growth of the packaging materials market. The rising consumer income levels in emerging economies and the willingness to spend on personal beauty will increase the demand for beauty and skin care products in the future. The emerging personal care product industry will in turn lead the global packaging material market. The Global Packaging Materials Market report provides a holistic assessment of the market.
A full report of Packaging Materials Market available at: https://www.orionmarketreports.com/packaging-materials-market/35386/
Key Players
Some of the major players such as Amcor, Ball Corporation, Crown Holdings, International Paper, Mondi, Owens-Illinois, Reynolds Group, Sealed Air, Stora Enso, westrock, and Bemis.
Packaging Materials Market- Segmentation
By Type
• Paper and Cardboard
• Rigid Plastic
• Metal
• Flexible Plastic
• Glass
• Wood
• Textile
• Others
By Application
• Food
• Beverage
• Healthcare
• Cosmetics
• Household Products
• Chemicals
• Others
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)