The $ 1 Trillion Global Packaging Market Growth, Top Players and Trends
The Global Packaging Market was valued at USD 1 trillion in 2023 , reflecting its critical role in sectors like food & beverage, healthcare, personal care, and e-commerce. As consumer expectations evolve and environmental regulations tighten, packaging is no longer just functional—it's now a key branding, sustainability, and supply chain tool. Countries and corporations alike are investing in innovative packaging solutions that are lightweight, recyclable, and digitally intelligent. This shift is transforming the packaging industry and fueling rapid expansion across both emerging and developed economies. Global Packaging Market Growth Growth Drivers in Global Packaging Market The packaging industry is experiencing robust growth, driven by three major forces: Sustainability Push : Consumers are making eco-conscious decisions— 66% of global buyers now prefer brands that use sustainable packaging. E-commerce Acceleration : Online retail sales continue to surge, c...