18 June 2025
According to the reports by Towards Packaging, changes in consumer demands and high growth of the e-commerce global packaging market reached US$ 1.24 trillion in 2024 and are projected to hit around US$ 1.69 trillion by 2034, expanding at a CAGR of 3.16% during the forecast period from 2025 to 2034. The market has expanded rapidly over the past ten years, with changes in supply chains and expansion into emerging markets.
The growing use of non-biodegradable plastic and non-recyclable packaging is contributing to carbon emissions, which could affect the growth. New developments, such as digital and intelligence packaging, offer a very broad range of growth opportunities. Reports by Dun & Bradstreet state that over 15 years the digital technology will most likely change the way consumers or customers interact with packaging, especially on the e-commerce front.
Packaging is a very crucial sector in various industries; it goes beyond protecting the products. It plays an important role in maintaining the identity of the brand through labels and designs, keeping product safety in mind, complying with regulatory standards, and increasing the convenience of consumers with ergonomic features.
The demand mainly comes from sectors like personal care products packaging, processed food packaging, and user pharmaceutical packaging, mainly fueled by a high demand for e-commerce. The main material consumption is from the personal, pharmaceutical, home care products, industrial products, and hot beverages sectors.
The industry has also reported that the beverage and food industry has been involved globally as a massive end user of packaging. The demand for packaging machines is directly connected to the demand pattern of the consumer that ranges from garments, food products, pharmaceuticals, footwear, and various non-durable and durable products, with e-commerce providing a catalyst.
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