PUBLISHER: Lucintel | PRODUCT CODE: 1417816
PUBLISHER: Lucintel | PRODUCT CODE: 1417816
Product Packaging Design Trends and Forecast
The future of the global product packaging design market looks promising with opportunities in the wholesale markets, retail stores, online retailers, and specialty stores markets. The global product packaging design market is expected to reach an estimated $254.4 billion by 2030 with a CAGR of 3.8% from 2024 to 2030. The major drivers for this market are rising consumer expenditure on food and beverages, cosmetics, liquor, and tobacco products and global adoption of ecommerce platforms for online shopping.
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Product Packaging Design by Segment
The study includes a forecast for the global product packaging design by type, material, design, application, and region.
List of Product Packaging Design Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies product packaging design companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the product packaging design companies profiled in this report include-
Product Packaging Design Market Insights
Lucintel forecasts that food & beverage is expected to witness the highest growth over the forecast period due to the diverse packaging needs and massive consumer base.
Within this market, wholesale markets is expected to witness the highest growth due to its large volume of product packaging needs.
North America is expected to witness highest growth over the forecast period due to its expanding middle class and increasing demand for consumer goods.
Features of the Global Product Packaging Design Market
Market Size Estimates: Product packaging design market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Product packaging design market size by various segments, such as by type, material, design, application, and region in terms of value ($B).
Regional Analysis: Product packaging design market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, material, design, application, and regions for the product packaging design market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the product packaging design market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the product packaging design market size?
Answer: The global product packaging design market is expected to reach an estimated $254.4 billion by 2030.
Q2. What is the growth forecast for product packaging design market?
Answer: The global product packaging design market is expected to grow with a CAGR of 3.8% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the product packaging design market?
Answer: The major drivers for this market are rising consumer expenditure on food and beverages, cosmetics, liquor, and tobacco products and global adoption of ecommerce platforms for online shopping.
Q4. What are the major segments for product packaging design market?
Answer: The future of the product packaging design market looks promising with opportunities in the wholesale markets, retail stores, online retailers, and specialty stores markets.
Q5. Who are the key product packaging design market companies?
Answer: Some of the key product packaging design companies are as follows.
Q6. Which product packaging design market segment will be the largest in future?
Answer: Lucintel forecasts that food & beverage is expected to witness the highest growth over the forecast period due to the diverse packaging needs and massive consumer base.
Q7. In product packaging design market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period due to its expanding middle class and increasing demand for consumer goods.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.