Precision Business Insights has published a report on the global packaging materials market, estimating its value at USD 1593.3 Million in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 6.22% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
View the detailed report description here - https://precisionbusinessinsights.com/market-reports/intraoral-scanners-market/
The packaging materials market includes the manufacture and distribution of materials for containing, protecting, transporting, and presenting items in industries such as food and beverage, medicines, personal care, and consumer electronics. These materials include paper and cardboard, rigid and flexible polymers, metal, glass, and new biodegradable alternatives.
Drivers:
- Rising environmental awareness and stricter regulations push adoption of recyclable, compostable, and biodegradable materials.
- Increased consumption of packaged goods due to busy lifestyles and convenience preferences.
The global packaging materials market segmentation:
1) By Materials: Paper & Cardboard, Rigid Plastics, Metal, Flexible Plastics, Glass, Wood, Textiles
2) By Product: Bottles & Cans, Containers & Jars, Bags, Pouches, Wraps, Closures & Lids, Boxes & Crates, Drums & IBCs
3) By End-use: food, Beverages, healthcare, Cosmetics, Household products, Chemicals, Others
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Regional Overview:
The report also examines the current concerns and their Future Effects on the packaging materials market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the packaging materials market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.
- North America (U.S., Canada)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
- Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
- Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
The competitive landscape is dominated by major players like Amcor plc, Mondi Plc, Sealed Air Corporation, A-ROO Company LLC, Flexpak Services, Amerplast, Ajover S.A.S., Oliver Packaging & Equipment Company, 3M, Graham Packaging Company, Tetra Pak Group, Honeywell International Inc., International Paper, Sonoco Products Company, Westrock Company, DS Smith, Berry Global, Avery Dennison Corporation, CCL Industries Inc, Mayr-Melnhof Karton AG, ProAmpac
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