Packaging

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Packaging is a system for corralling and protecting a product from damage. It plays a vital role in the safe storage and hygienic handling of a product. Moreover, it also provides protection from environmental factors such as dust, moisture, and wind. Apart from safeguarding the product, packaging also helps in marketing the product to customers. Elegant packaging design with various color schemes and designs has an impact on consumer demand as it can sway the preference of customers. Aesthetically appealing packaging is meant to reflect the quality of the product and hence serves both brand promotion and advertising purposes. Packaging is of two types, rigid and flexible. Flexible packaging is any package whose shape can be readily changed. Examples of flexible packaging include bags and pouches. Rigid packaging includes boxes, trays, cans, bottles, and pots and is the dominant market segment.

The packaging materials that are used commonly include plastic, metal, brick cartons, paper, cardboard, and glass. These materials are used in the various end-use industries depending on packaging requirements. For instance, aluminum and tin are used to store food & beverages in cans owing to corrosion resistant properties of these metals which ensure that the product is not contaminated. Similarly, alcohol is typically stored and sold in glass bottles as they look visually appealing and have a longer shelf life than plastic bottles.

The end users of packaging materials include food beverages, electronics, pharmaceuticals, personal care, textile, consumer goods, and chemical processing. The largest end user of packaging materials is the food and beverages industry owing to increasing demand for packaged food in emerging economies. Pharmaceutical companies rely on packaging in order to protect and promote their products, meet regulations, and increase patient compliance. Especially, the use of plastic is preferred due to high dimensional stability, moisture barrier, strain resistance, low water absorption, and resistance to heat.

Plastic is the most used packaging material. It is also lightweight, strong and cheap to procure in the current market. Plastic packaging materials are manufactured from petroleum and its derivatives, and are used in various end user industries. Polyethylene terephthalate (PET) is used as primary feedstock in the manufacture of plastic bottles which finds large application in food & beverages, pharmaceuticals and cosmetics industries due to its high durability, light weight, low cost and recyclability. However, stringent government regulations imposed on the petroleum and chemicals industry due to emissions of CO2 and greenhouse gases, and fluctuation of crude oil prices are the factors that expected to hinder the growth of the global plastic packaging market. However, plastics are non-biodegradable and end up in landfills. Therefore, a shift towards sustainable packaging materials such as paper, paperboard, cardboard, metal and glass has been observed in the recent past. Utilization of sustainable packaging in increasing due to growing environmental awareness among the populace.

Opportunities

The growing disposable income, increasing consumer preference for packaged goods, and the expanding retail industry, especially in Asia Pacific and Latin America, are factors that are favouring growth of this industry. For instance, according to the India Brand Equity Foundation (is a Trust established by the Department of Commerce, Ministry of Commerce and Industry, Government of India), the retail market in India is expected to nearly double to US$ 1 trillion by 2020 from US$ 600 billion in 2015.

Also, increasing awareness regarding food contamination has intensified the packaging market growth. Asia Pacific is the largest and fastest growing market. The advent of online shopping and consumption of cosmetics has resulted in a booming market in countries such as India, China, and Indonesia. Moreover, the “Make in India” campaign by the Indian government is expected to have a positive impact on the growth of the packaging industry in India. North America is a leading market for paper packaging. The industry in North America recycles up to 70% of its used paper, according to the U.S. Forest and Paper Association. In Europe, the European Paper Recycling Council aims to achieve 74% recycling in the European Union. The paper packaging industry in North America and Europe is expected to serve as a model for emerging markets.

Challenges

The environmental concerns regarding plastic packaging are expected to hamper growth of the packaging industry to some extent. Moreover, the preferred substitute to plastic is paper which, although recyclable, involves logging of forest areas. This has resulted in stringent packaging regulations. Constantly fluctuating oil price is also affecting the market growth. Also, leaching of chemicals from packaging into the product is a major concern. Cases of toxic packaging have been observed in China which has affected consumer demand.

Regulatory Scenario

Stringent government regulations and time consuming approval process before launching commercially, has led manufacturers to obtain approvals prior to distribution. For instance;

  • China: The Food Safety Law 2009 contains provisions requiring clean and non-toxic packaging materials and penalties for marketing food that is contaminated by packaging materials.
  • India: Ministry of Environment and Forests banned use of plastic packaging for tobacco products. Also, the minimum thickness of plastic carry bags increased from 20 microns to 40 microns.
  • EU: The EU Packaging Directive (94/62/EC as amended) seeks to promote the recovery and recycling of packaging waste.

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Packaging Published Insights

Coherent Market Insights

Loose Fill Polystyrene Packaging Market, By Application (Consumer Goods Packaging, Pharmaceutical Packaging, Cosmetics & Personal Care Products Packaging, Others), and By Region (North America, Europe, Asia pacific, Latin America, Middle East, Africa)- Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Published Date : Dec 2022

Loose fill packaging is important for safe shipping of packaged goods, as they fill empty spaces in the box and prevent products from moving during transportation. There are various types of loose fill packaging material available in the market including biodegradable... View more

Coherent Market Insights

Biodegradable Loose Fill Packaging Market report, by Material (Starch, Recycled Paper, and Others), by Application (Consumer Goods Packaging, Pharmaceutical Packaging, Cosmetics & Personal Care Products Packaging, and Others) - Size, Share, Trends, and Forecast till 2025

Published Date : Sep 2018

Loose fill packaging is important for safe shipping of packaged goods, as they fill empty spaces in the box and prevents products from damaging during transportation. There are various types of biodegradable loose fill packaging material available in the global market... View more

Coherent Market Insights

Confectionery Packaging Market, by Packaging Type (Rigid, Semi-Rigid, and Flexible), by Material (Paper and Board, Plastic, Glass, and Metal), by Applications (Chocolate Bars, Sugar and Breads Confectionery, Toffies and Candies, and Assorted Chocolates), by Region (North America, South America, Europe, Asia Pacific, Middle East and Africa) – Size, Share, Outlook, and Opportunity Analysis, 2022-2028

Published Date : Mar 2023

Packaging plays an important role in preserving the quality of food products by protecting them from environmental, chemical, and physical damages. Packaging saves the product from various damages such as breakage, providing barriers to oxygen, moisture and other gase... View more

Coherent Market Insights

Cosmetic Tubes Market, By Product Type (Squeeze Tubes, Twist Tubes, Rigid Tubes, Extruded Tubes, and Others), By Material Type (Aluminum, Plastic, and Others), By Application (Oral Care, Skin Care, Hair Care, Make-up, and Others) and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022-2028

Published Date : Mar 2023

A cosmetic tube is a soft container that can be squeezed and utilized for the packing of thick liquids such as creams, lotions, ointment, and toothpaste. It is a hollow structure, both ends of which are treated differently during the manufacturing process. A tube has ... View more

Coherent Market Insights

E-Commerce Packaging Market, by Product Type (Boxes, Protective Packaging, Mailers, Tapes, Labels, Others); by Application (Electronics, Food & Beverages, Cosmetics, Fashion, Furniture and Others), and by Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Published Date : Jul 2022

The e-commerce packaging market is bolstered by increasing e-commerce sales around the world. E-commerce has transformed retail sector and it is gaining significant market share in place of conventional retail channels such as hypermarkets, supermarkets, and convenien... View more

Coherent Market Insights

Bioplastic Packaging Market, By Product Type (TPS, PLA, PHA, bio-PE, bio-PA, bio-PET, bio-PP, Others) By End-use (Food and Beverages, Consumer Goods, Pharmaceutical, Industrial Goods, Others), By Region (North America, Europe, Asia-pacific, Latin America, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Published Date : Dec 2022

A bioplastic is a biodegradable group of polymers that are manufactured using renewable-based sources. Conventional plastics is hazardous due to the impact on the environment and their heavy reliance on the oil and gas industry for raw materials such as naphtha. Conve... View more

Coherent Market Insights

Lip Care Products Packaging Market, By Packaging Type (Glass Packaging, Plastic Packaging, Metal Packaging, and Others), By Application Type (Sun Protection, Non-Medicated, and Medicated & Therapeutic), By Material Type (Plastic, Glass, Metal, and Others), By Region (Europe, North America, Latin America, Asia Pacific, Africa)- Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Published Date : Dec 2022

Lip care products offer protection and nourishment to the lips against dust, harmful sun rays, and drying effects caused due to wind and cold. These products are composed of paraffin, beeswax, camphor, flavors, sunscreens, dyes, fragrances, and variety of other ingred... View more

Coherent Market Insights

Honeycomb Packaging Market, By Packaging Type (Exterior Packaging, Interior packaging, Pallets, and Others), By End-use industry (Automotive, Consumer goods, Food and beverages, Furniture, Industrial goods, and Others), And By Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030

Published Date : Mar 2023

The honeycomb packaging market is expected to reach US$ 25.6 billion by 2030, which is US$ 14 billion in 2022, registering a CAGR of 7.84% during the forecast period of 2023 to 2030. Demand for honeycomb packaging is attributable to the rising amount of damage and was... View more

Coherent Market Insights

Medical Packaging Market, By Material (Polymer, Paper & Paper Board, Non-Woven Fabrics, and Others), By Packaging Type (Trays, Boxes, Bags, Others), By Packing Type (Primary, Secondary, Tertiary, and Shrink Packing), By Application (Medical Devices, Medical Equipment & Tools, In Vitro Diagnostic Devices (IVDs), and Implants) - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2022-2028

Published Date : Mar 2023

Medical packaging has the primary function to protect packaged medical or pharmaceutical products. Different types of medical components have resulted in developing various types of medical packaging, ranging from preformed packaging to customizable packaging. Medical... View more

Coherent Market Insights

Multi-Depth Corrugated Box Market, by Board Type (Single wall, Single Face, Double Wall, Triple Wall), and by Application ( Food and Beverages, Pharmaceuticals, Chemicals, Others) - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2022-2028

Published Date : Mar 2023

Corrugated box consist of a layer of cardboard know as fluting, which is kept between two thin outer layers of the cardboard. It is available in various sizes and shapes extensively used for the packaging of various goods such as electronic items, and pharmaceutical p... View more

Coherent Market Insights

Rigid Packaging Market, by Material Type (Plastic, Metal, Wood, Glass, Paper & Paperboard), by Application (Food & Beverage, Chemical Industry, Consumer Goods, Healthcare & Pharmaceuticals, Others), by Product Type (Boxes, Trays, Containers & Cans, Bottle & Jars, Others), and by Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa)- Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Published Date : Aug 2022

Rigid packaging is done by using paper, corrugated or paperboard materials, plastic, metals, and glass materials. Packaging are basically made into the shape of a box, can, tray, or case. Rigid packaging offers high stiffness, impact strength, and excellent barrier pr... View more

Coherent Market Insights

Mobile Phone Packaging Market, By Packaging Type (Folding Cartons, Flexible Films, Rigid Boxes, Others), Material Type (Plastic, Paperboard, Molded Fibers, Others), and Application (Smart Phones, Refurbished Phones, Feature Phones, Others) - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2022-2028

Published Date : Mar 2023

Phone packaging essential to ensure protection against external damage and harm. Considering the high prices of mobile phones and its fragility, a secured packaging is a priority for transporting them from manufacturing locations to the retail stores. Packaging protec... View more

Coherent Market Insights

Edible Packaging Market, By Material Type (Polysaccharides, Lipid, Surfactant, Protein Films, and Composite Films), By End Use Type (F&B Manufacturing (Fresh Food, Cakes & Confectionery, Dairy Products, Baby Food, and Other Food Products), Pharmaceuticals, and Others), and By Region (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa (MEA) - Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030

Published Date : Jan 2023

Edible packaging is a type of packaging that is used for wrapping food products or consumables products, such as medicine. Edible packaging is mostly done to increase the shelf-life of food products. The edible packagings are designed to be eaten and have the abi... View more

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