Packaging Material Market scope & overview:
Packaging Material Market Size was valued at USD 1136 billion in 2023 and is expected to reach USD 1433.47 billion by 2031 and grow at a CAGR of 2.95% over the forecast period 2024-2031.
The packaging material market is a dynamic and rapidly growing industry that plays a vital role in protecting products throughout their journey from production to consumption. It encompasses a wide range of applications including food & beverage, pharmaceuticals, personal care, and industrial goods.
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Regulations and standards by governments and industry bodies significantly influence market growth. These regulations can promote sustainable practices e.g., recyclable/reusable materials, restrictions on single-use plastics like India's 2022 ban. While advancements like tamper-proof seals and custom printing which can boost brand recognition by 89% and purchase intent by 33% drive market growth, concerns regarding waste generation 353 million tonnes of plastic waste globally, with only 9% recycled according to the World Bank and the environmental impact of packaging materials pose challenges for widespread adoption of sustainable alternatives. Overall, the market is driven by the need to protect products, ensure food safety, and create brand differentiation, but must navigate the challenge of balancing these needs with environmental responsibility.
MARKET DYNAMICS:
KEY DRIVERS:
Growing Demand for Eco-Conscious Packaging.
Driven by growing environmental awareness among consumers and stricter regulations, the packaging material market is undergoing a transformation. The demand for sustainable and eco-friendly solutions like biodegradable plastics, recyclable materials, and minimized packaging waste is surging, shaping the future of the industry.
Consumers are increasingly concerned about food safety and traceability.
RESTRAINTS:
The rise of environmental awareness creates a complex challenge for the packaging material market.
Growing environmental concerns about plastic pollution, deforestation, and climate change are driving a surge in demand for sustainable alternatives. Consumers are increasingly rejecting single-use plastics and non-recyclable materials, forcing a transformation in the packaging industry. Companies that fail to adapt to eco-friendly options risk falling behind in terms of consumer acceptance, regulatory compliance, and overall market relevance.
Unpredictable price fluctuations can create uncertainty for both manufacturers and consumers.
OPPORTUNITIES:
Advanced technologies provide real-time data for better supply chain management.
Material science and manufacturing advancements are revolutionizing packaging materials. Smart packaging solutions, featuring QR codes, NFC (near-field communication), and RFID tags, are gaining significant traction. These innovations empower businesses to track and trace products throughout the supply chain, enhancing transparency and efficiency.
The packaging industry is witnessing a growing trend towards minimalist and functional design.
CHALLENGES:
Governments worldwide are tightening the rules on packaging materials by enacting stricter regulations and standards.
Governments are raising the sustainability bar on packaging with stricter regulations. These might restrict specific materials like plastic bags or polystyrene, or mandate recycling or composting capabilities. Traditional packaging that falls short of these sustainability benchmarks may struggle to comply, potentially hindering their market growth.
Short shelf life can restrict product movement, impacting availability.
IMPACT OF RUSSIA-UKRAINE WAR
The Russia-Ukraine war has significantly disrupted the global packaging material market, particularly in Europe. Ukraine, a major supplier of timber, metal, and finished packaging products like 900,000+ tonnes of glass bottles annually has seen its production grind to a halt due to fighting, occupation, and supply chain disruptions. Companies like PACK TECHNOLOGY Ukraine have been forced to shut down entirely due to lack of raw materials and access to their customer base. Even firms like Re-Leaf, which uses unconventional sustainable materials like fallen leaves, haven't been spared as their operations are paralyzed by a lack of activity from contractors and customers. While some Ukrainian packaging companies are trying to stay afloat to support the economy, the overall industry is expected to face a long road to recovery due to widespread infrastructure damage estimated at $63 billion. Rebuilding supply chains and restarting production will be a major challenge in the war's aftermath.
IMPACT OF ECONOMIC SLOWDOWN
Economic slowdowns can squeeze profits, forcing brands to seek cost-cutting measures in packaging. This might lead to a trend of generic, one-size-fits-all packaging solutions to save on upfront costs. Recessions often see reduced consumer spending, potentially leaving brands with excess packaging inventory that becomes obsolete. This surplus ties up cash flow and warehouse space. Furthermore, with reduced brand loyalty during economic downturns, companies need to stand out. Digital printing technologies can be a powerful tool here. By personalizing packaging with features like digital watermarks, brands can create a more engaging consumer experience and perceived value for their product, giving them a competitive edge.
KEY MARKET SEGMENTS:
By Material
Paper and Paperboard
Rigid Plastics
Metals
Flexible Plastics
Glass
Wood
Textiles
Wax
Leather
Others
Paper and paperboard hold the top spot in the packaging material market. This eco-friendly and versatile option dominated the market and is expected to keep growing. Popular for its recyclability, printability, and ability to create rigid boxes or flexible wraps, paperboard reigns supreme for everything from shipping containers to cups.
By Product
Containers and Jars
Bags
Pouches and Wraps
Closures and Lids
Boxes and Crates
Drums and IBCs
Others
The boxes & crates segment dominates in the packaging material market, and this dominance is expected to continue. These versatile champions offer protection, secure storage, and come in various shapes and sizes to fit almost any product. From sturdy corrugated cardboard shipping boxes to attractive display cartons, boxes are a fundamental and irreplaceable part of the packaging industry.
By Packaging Technique
Primary Packaging
Secondary Packaging
Tertiary Packaging
Primary Packaging dominating the packaging material market with highest revenue share of 43%. This crucial layer of protection that directly holds the product is expected to maintain its dominant position through 2030. From maintaining freshness to preventing damage, primary packaging safeguards the product's quality and ensures a safe user experience. From familiar examples like jars and pouches to closures and more, these solutions are chosen specifically to match the needs of each product, considering factors like shelf life and intended use. But primary packaging goes beyond just protection – it's also a communication channel, providing essential information to consumers through branding, usage instructions, and even nutritional details.
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By End User Industries
Food and Beverages
Healthcare
Cosmetics
Household Products
Chemicals
Electrical and Electronics
Others
Food and beverages holds dominant position. This ever-evolving segment holds the top spot in the packaging material market and is expected to stay ahead of the pack. Packaging here's not just about holding food it's about keeping it fresh, safe, and looking good on the shelf. From flexible pouches to rigid containers, these materials are designed to meet strict quality standards and protect against everything from spoilage to sunlight.
REGIONAL ANALYSES
North America dominating in the packaging material market, fueled by a surge in exports and consumer trends. The rise of packaged and chilled food options is driving demand, and the e-commerce boom in the US has ignited a need for innovative, sturdy packaging to meet online retail's needs. Sustainability concerns are also a major player, with US consumers increasingly opting for recyclable, biodegradable, and eco-friendly options, prompting innovation in materials and design.
The Asia-Pacific region is poised to become the packaging industry's leader, boasting the highest growth rate. This surge is fueled by the booming consumer product sector, with various end-user industries witnessing rapid expansion. Rising disposable incomes across the region, particularly in countries like China, India, Japan, and South Korea, further act as a growth catalyst.
REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
KEY PLAYERS
The major key players are Honeywell International Inc. (U.S.), Alcoa Corporation (U.S.), Bemis Manufacturing Company (U.S.), Graham Packaging Company (U.S.), AVERY DENNISON CORPORATION (U.S.), CKS Packaging, Inc. (U.S.), A-ROO COMPANY LLC. (U.S.), Avient Corporation (U.S.), Tetra Pak Group (Sweden), Amcor plc (Switzerland) and other key players.
Honeywell International Inc. (U.S.)-Company Financial Analysis
RECENT DEVELOPMENT
Amcor plc, a packaging leader, launched curbside-recyclable AmFiber Performance Paper in North America in August 2023. This eco-friendly packaging meets recycling standards, allowing brands to offer sustainable options to consumers.
In May 2023, the Aluminium Stewardship Initiative recognized the Portland Aluminium joint venture operated by Alcoa for its achievements in environmental, social, and governance (ESG) practices.
In 2023, Mondi's Eco Barrier Nature pioneered paper-based barrier packaging solution specifically designed for food products. This innovative technology eliminates the need for traditional plastic coatings, offering superior moisture and grease resistance while catering to the growing demand for sustainable packaging solutions among environmentally conscious consumers.
| Report Attributes | Details |
| Market Size in 2023 | US$ 1136 Bn |
| Market Size by 2031 | US$ 1433.47 Bn |
| CAGR | CAGR of 2.95% From 2024 to 2031 |
| Base Year | 2023 |
| Forecast Period | 2024-2031 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Material (Paper and Paperboard, Rigid Plastics, Metals, Flexible Plastics, Glass, Wood, Textiles, Wax, Leather, Others) • By Product (Containers and Jars, Bags, Pouches and Wraps, Closures and Lids, Boxes and Crates, Drums and IBCs, Others) • By Packaging Technique (Primary Packaging, Secondary Packaging, Tertiary Packaging) • By End User Industries (Food and Beverages, Healthcare, Cosmetics, Household Products, Chemicals, Electrical and Electronics, Others) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America) |
| Company Profiles | Honeywell International Inc. (U.S.), Alcoa Corporation (U.S.), Bemis Manufacturing Company (U.S.), Graham Packaging Company (U.S.), AVERY DENNISON CORPORATION (U.S.), CKS Packaging, Inc. (U.S.), A-ROO COMPANY LLC. (U.S.), Avient Corporation (U.S.), Tetra Pak Group (Sweden), Amcor plc (Switzerland) |
| Key Drivers | • Growing Demand for Eco-Conscious Packaging. • Consumers are increasingly concerned about food safety and traceability. |
| Key Restraints | • The rise of environmental awareness creates a complex challenge for the packaging material market. • Unpredictable price fluctuations can create uncertainty for both manufacturers and consumers. |
Ans: The Packaging Material Market is expected to grow at a CAGR of 2.95%.
Ans: Packaging Material Market size was USD 1136 billion in 2023 and is expected to Reach USD 1433.47 billion by 2031.
Ans: Growing Demand for Eco-Conscious Packaging.
Ans: The rise of environmental awareness creates a complex challenge for the packaging material market.
Ans: North America holds the dominant position in the Packaging Material Market.
TABLE OF CONTENTS
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Industry Flowchart
3. Research Methodology
4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Challenges
5. Impact Analysis
5.1 Impact of Russia-Ukraine Crisis
5.2 Impact of Economic Slowdown on Major Countries
5.2.1 Introduction
5.2.2 United States
5.2.3 Canada
5.2.4 Germany
5.2.5 France
5.2.6 UK
5.2.7 China
5.2.8 Japan
5.2.9 South Korea
5.2.10 India
6. Value Chain Analysis
7. Porter’s 5 Forces Model
8. Pest Analysis
9. Packaging Material Market Segmentation, By Material
9.1 Introduction
9.2 Trend Analysis
9.3 Paper and Paperboard
9.4 Rigid Plastics
9.5 Metals
9.6 Flexible Plastics
9.7 Glass
9.8 Wood
9.9 Textiles
9.10 Wax
9.11 Leather
9.12 Others
10. Packaging Material Market Segmentation, By Product
10.1 Introduction
10.2 Trend Analysis
10.3 Containers and Jars
10.4 Bags
10.5 Pouches and Wraps
10.6 Closures and Lids
10.7 Boxes and Crates
10.8 Drums and IBCs
10.9 Others
11. Packaging Material Market Segmentation, By Packaging Technique
11.1 Introduction
11.2 Trend Analysis
11.3 Primary Packaging
11.4 Secondary Packaging
11.5 Tertiary Packaging
12. Packaging Material Market Segmentation, By End User Industries
12.1 Introduction
12.2 Trend Analysis
12.3 Food and Beverages
12.4 Healthcare
12.5 Cosmetics
12.6 Household Products
12.7 Chemicals
12.8 Electrical and Electronics
12.9 Others
13. Regional Analysis
13.1 Introduction
13.2 North America
13.2.1 Trend Analysis
13.2.2 North America Packaging Material Market by Country
13.2.3 North America Packaging Material Market By Material
13.2.4 North America Packaging Material Market By Product
13.2.5 North America Packaging Material Market By Packaging Technique
13.2.6 North America Packaging Material Market By End User Industries
13.2.7 USA
13.2.7.1 USA Packaging Material Market By Material
13.2.7.2 USA Packaging Material Market By Product
13.2.7.3 USA Packaging Material Market By Packaging Technique
13.2.7.4 USA Packaging Material Market By End User Industries
13.2.8 Canada
13.2.8.1 Canada Packaging Material Market By Material
13.2.8.2 Canada Packaging Material Market By Product
13.2.8.3 Canada Packaging Material Market By Packaging Technique
13.2.8.4 Canada Packaging Material Market By End User Industries
13.2.9 Mexico
13.2.9.1 Mexico Packaging Material Market By Material
13.2.9.2 Mexico Packaging Material Market By Product
13.2.9.3 Mexico Packaging Material Market By Packaging Technique
13.2.9.4 Mexico Packaging Material Market By End User Industries
13.3 Europe
13.3.1 Trend Analysis
13.3.2 Eastern Europe
13.3.2.1 Eastern Europe Packaging Material Market by Country
13.3.2.2 Eastern Europe Packaging Material Market By Material
13.3.2.3 Eastern Europe Packaging Material Market By Product
13.3.2.4 Eastern Europe Packaging Material Market By Packaging Technique
13.3.2.5 Eastern Europe Packaging Material Market By End User Industries
13.3.2.6 Poland
13.3.2.6.1 Poland Packaging Material Market By Material
13.3.2.6.2 Poland Packaging Material Market By Product
13.3.2.6.3 Poland Packaging Material Market By Packaging Technique
13.3.2.6.4 Poland Packaging Material Market By End User Industries
13.3.2.7 Romania
13.3.2.7.1 Romania Packaging Material Market By Material
13.3.2.7.2 Romania Packaging Material Market By Product
13.3.2.7.3 Romania Packaging Material Market By Packaging Technique
13.3.2.7.4 Romania Packaging Material Market By End User Industries
13.3.2.8 Hungary
13.3.2.8.1 Hungary Packaging Material Market By Material
13.3.2.8.2 Hungary Packaging Material Market By Product
13.3.2.8.3 Hungary Packaging Material Market By Packaging Technique
13.3.2.8.4 Hungary Packaging Material Market By End User Industries
13.3.2.9 Turkey
13.3.2.9.1 Turkey Packaging Material Market By Material
13.3.2.9.2 Turkey Packaging Material Market By Product
13.3.2.9.3 Turkey Packaging Material Market By Packaging Technique
13.3.2.9.4 Turkey Packaging Material Market By End User Industries
13.3.2.10 Rest of Eastern Europe
13.3.2.10.1 Rest of Eastern Europe Packaging Material Market By Material
13.3.2.10.2 Rest of Eastern Europe Packaging Material Market By Product
13.3.2.10.3 Rest of Eastern Europe Packaging Material Market By Packaging Technique
13.3.2.10.4 Rest of Eastern Europe Packaging Material Market By End User Industries
13.3.3 Western Europe
13.3.3.1 Western Europe Packaging Material Market by Country
13.3.3.2 Western Europe Packaging Material Market By Material
13.3.3.3 Western Europe Packaging Material Market By Product
13.3.3.4 Western Europe Packaging Material Market By Packaging Technique
13.3.3.5 Western Europe Packaging Material Market By End User Industries
13.3.3.6 Germany
13.3.3.6.1 Germany Packaging Material Market By Material
13.3.3.6.2 Germany Packaging Material Market By Product
13.3.3.6.3 Germany Packaging Material Market By Packaging Technique
13.3.3.6.4 Germany Packaging Material Market By End User Industries
13.3.3.7 France
13.3.3.7.1 France Packaging Material Market By Material
13.3.3.7.2 France Packaging Material Market By Product
13.3.3.7.3 France Packaging Material Market By Packaging Technique
13.3.3.7.4 France Packaging Material Market By End User Industries
13.3.3.8 UK
13.3.3.8.1 UK Packaging Material Market By Material
13.3.3.8.2 UK Packaging Material Market By Product
13.3.3.8.3 UK Packaging Material Market By Packaging Technique
13.3.3.8.4 UK Packaging Material Market By End User Industries
13.3.3.9 Italy
13.3.3.9.1 Italy Packaging Material Market By Material
13.3.3.9.2 Italy Packaging Material Market By Product
13.3.3.9.3 Italy Packaging Material Market By Packaging Technique
13.3.3.9.4 Italy Packaging Material Market By End User Industries
13.3.3.10 Spain
13.3.3.10.1 Spain Packaging Material Market By Material
13.3.3.10.2 Spain Packaging Material Market By Product
13.3.3.10.3 Spain Packaging Material Market By Packaging Technique
13.3.3.10.4 Spain Packaging Material Market By End User Industries
13.3.3.11 Netherlands
13.3.3.11.1 Netherlands Packaging Material Market By Material
13.3.3.11.2 Netherlands Packaging Material Market By Product
13.3.3.11.3 Netherlands Packaging Material Market By Packaging Technique
13.3.3.11.4 Netherlands Packaging Material Market By End User Industries
13.3.3.12 Switzerland
13.3.3.12.1 Switzerland Packaging Material Market By Material
13.3.3.12.2 Switzerland Packaging Material Market By Product
13.3.3.12.3 Switzerland Packaging Material Market By Packaging Technique
13.3.3.12.4 Switzerland Packaging Material Market By End User Industries
13.3.3.13 Austria
13.3.3.13.1 Austria Packaging Material Market By Material
13.3.3.13.2 Austria Packaging Material Market By Product
13.3.3.13.3 Austria Packaging Material Market By Packaging Technique
13.3.3.13.4 Austria Packaging Material Market By End User Industries
13.3.3.14 Rest of Western Europe
13.3.3.14.1 Rest of Western Europe Packaging Material Market By Material
13.3.3.14.2 Rest of Western Europe Packaging Material Market By Product
13.3.3.14.3 Rest of Western Europe Packaging Material Market By Packaging Technique
13.3.3.14.4 Rest of Western Europe Packaging Material Market By End User Industries
13.4 Asia-Pacific
13.4.1 Trend Analysis
13.4.2 Asia-Pacific Packaging Material Market by Country
13.4.3 Asia-Pacific Packaging Material Market By Material
13.4.4 Asia-Pacific Packaging Material Market By Product
13.4.5 Asia-Pacific Packaging Material Market By Packaging Technique
13.4.6 Asia-Pacific Packaging Material Market By End User Industries
13.4.7 China
13.4.7.1 China Packaging Material Market By Material
13.4.7.2 China Packaging Material Market By Product
13.4.7.3 China Packaging Material Market By Packaging Technique
13.4.7.4 China Packaging Material Market By End User Industries
13.4.8 India
13.4.8.1 India Packaging Material Market By Material
13.4.8.2 India Packaging Material Market By Product
13.4.8.3 India Packaging Material Market By Packaging Technique
13.4.8.4 India Packaging Material Market By End User Industries
13.4.9 Japan
13.4.9.1 Japan Packaging Material Market By Material
13.4.9.2 Japan Packaging Material Market By Product
13.4.9.3 Japan Packaging Material Market By Packaging Technique
13.4.9.4 Japan Packaging Material Market By End User Industries
13.4.10 South Korea
13.4.10.1 South Korea Packaging Material Market By Material
13.4.10.2 South Korea Packaging Material Market By Product
13.4.10.3 South Korea Packaging Material Market By Packaging Technique
13.4.10.4 South Korea Packaging Material Market By End User Industries
13.4.11 Vietnam
13.4.11.1 Vietnam Packaging Material Market By Material
13.4.11.2 Vietnam Packaging Material Market By Product
13.4.11.3 Vietnam Packaging Material Market By Packaging Technique
13.4.11.4 Vietnam Packaging Material Market By End User Industries
13.4.12 Singapore
13.4.12.1 Singapore Packaging Material Market By Material
13.4.12.2 Singapore Packaging Material Market By Product
13.4.12.3 Singapore Packaging Material Market By Packaging Technique
13.4.12.4 Singapore Packaging Material Market By End User Industries
13.4.13 Australia
13.4.13.1 Australia Packaging Material Market By Material
13.4.13.2 Australia Packaging Material Market By Product
13.4.13.3 Australia Packaging Material Market By Packaging Technique
13.4.13.4 Australia Packaging Material Market By End User Industries
13.4.14 Rest of Asia-Pacific
13.4.14.1 Rest of Asia-Pacific Packaging Material Market By Material
13.4.14.2 Rest of Asia-Pacific Packaging Material Market By Product
13.4.14.3 Rest of Asia-Pacific Packaging Material Market By Packaging Technique
13.4.14.4 Rest of Asia-Pacific Packaging Material Market By End User Industries
13.5 Middle East & Africa
13.5.1 Trend Analysis
13.5.2 Middle East
13.5.2.1 Middle East Packaging Material Market by Country
13.5.2.2 Middle East Packaging Material Market By Material
13.5.2.3 Middle East Packaging Material Market By Product
13.5.2.4 Middle East Packaging Material Market By Packaging Technique
13.5.2.5 Middle East Packaging Material Market By End User Industries
13.5.2.6 UAE
13.5.2.6.1 UAE Packaging Material Market By Material
13.5.2.6.2 UAE Packaging Material Market By Product
13.5.2.6.3 UAE Packaging Material Market By Packaging Technique
13.5.2.6.4 UAE Packaging Material Market By End User Industries
13.5.2.7 Egypt
13.5.2.7.1 Egypt Packaging Material Market By Material
13.5.2.7.2 Egypt Packaging Material Market By Product
13.5.2.7.3 Egypt Packaging Material Market By Packaging Technique
13.5.2.7.4 Egypt Packaging Material Market By End User Industries
13.5.2.8 Saudi Arabia
13.5.2.8.1 Saudi Arabia Packaging Material Market By Material
13.5.2.8.2 Saudi Arabia Packaging Material Market By Product
13.5.2.8.3 Saudi Arabia Packaging Material Market By Packaging Technique
13.5.2.8.4 Saudi Arabia Packaging Material Market By End User Industries
13.5.2.9 Qatar
13.5.2.9.1 Qatar Packaging Material Market By Material
13.5.2.9.2 Qatar Packaging Material Market By Product
13.5.2.9.3 Qatar Packaging Material Market By Packaging Technique
13.5.2.9.4 Qatar Packaging Material Market By End User Industries
13.5.2.10 Rest of Middle East
13.5.2.10.1 Rest of Middle East Packaging Material Market By Material
13.5.2.10.2 Rest of Middle East Packaging Material Market By Product
13.5.2.10.3 Rest of Middle East Packaging Material Market By Packaging Technique
13.5.2.10.4 Rest of Middle East Packaging Material Market By End User Industries
13.5.3 Africa
13.5.3.1 Africa Packaging Material Market by Country
13.5.3.2 Africa Packaging Material Market By Material
13.5.3.3 Africa Packaging Material Market By Product
13.5.3.4 Africa Packaging Material Market By Packaging Technique
13.5.3.5 Africa Packaging Material Market By End User Industries
13.5.3.6 Nigeria
13.5.3.6.1 Nigeria Packaging Material Market By Material
13.5.3.6.2 Nigeria Packaging Material Market By Product
13.5.3.6.3 Nigeria Packaging Material Market By Packaging Technique
13.5.3.6.4 Nigeria Packaging Material Market By End User Industries
13.5.3.7 South Africa
13.5.3.7.1 South Africa Packaging Material Market By Material
13.5.3.7.2 South Africa Packaging Material Market By Product
13.5.3.7.3 South Africa Packaging Material Market By Packaging Technique
13.5.3.7.4 South Africa Packaging Material Market By End User Industries
13.5.3.8 Rest of Africa
13.5.3.8.1 Rest of Africa Packaging Material Market By Material
13.5.3.8.2 Rest of Africa Packaging Material Market By Product
13.5.3.8.3 Rest of Africa Packaging Material Market By Packaging Technique
13.5.3.8.4 Rest of Africa Packaging Material Market By End User Industries
13.6 Latin America
13.6.1 Trend Analysis
13.6.2 Latin America Packaging Material Market by country
13.6.3 Latin America Packaging Material Market By Material
13.6.4 Latin America Packaging Material Market By Product
13.6.5 Latin America Packaging Material Market By Packaging Technique
13.6.6 Latin America Packaging Material Market By End User Industries
13.6.7 Brazil
13.6.7.1 Brazil Packaging Material Market By Material
13.6.7.2 Brazil Packaging Material Market By Product
13.6.7.3 Brazil Packaging Material Market By Packaging Technique
13.6.7.4 Brazil Packaging Material Market By End User Industries
13.6.8 Argentina
13.6.8.1 Argentina Packaging Material Market By Material
13.6.8.2 Argentina Packaging Material Market By Product
13.6.8.3 Argentina Packaging Material Market By Packaging Technique
13.6.8.4 Argentina Packaging Material Market By End User Industries
13.6.9 Colombia
13.6.9.1 Colombia Packaging Material Market By Material
13.6.9.2 Colombia Packaging Material Market By Product
13.6.9.3 Colombia Packaging Material Market By Packaging Technique
13.6.9.4 Colombia Packaging Material Market By End User Industries
13.6.10 Rest of Latin America
13.6.10.1 Rest of Latin America Packaging Material Market By Material
13.6.10.2 Rest of Latin America Packaging Material Market By Product
13.6.10.3 Rest of Latin America Packaging Material Market By Packaging Technique
13.6.10.4 Rest of Latin America Packaging Material Market By End User Industries
14. Company Profiles
14.1 Honeywell International Inc. (U.S.)
14.1.1 Company Overview
14.1.2 Financial
14.1.3 Products/ Services Offered
14.1.4 SWOT Analysis
14.1.5 The SNS View
14.2 Alcoa Corporation (U.S.)
14.2.1 Company Overview
14.2.2 Financial
14.2.3 Products/ Services Offered
14.2.4 SWOT Analysis
14.2.5 The SNS View
14.3 Bemis Manufacturing Company (U.S.)
14.3.1 Company Overview
14.3.2 Financial
14.3.3 Products/ Services Offered
14.3.4 SWOT Analysis
14.3.5 The SNS View
14.4 Graham Packaging Company (U.S.)
14.4.1 Company Overview
14.4.2 Financial
14.4.3 Products/ Services Offered
14.4.4 SWOT Analysis
14.4.5 The SNS View
14.5 AVERY DENNISON CORPORATION (U.S.)
14.5.1 Company Overview
14.5.2 Financial
14.5.3 Products/ Services Offered
14.5.4 SWOT Analysis
14.5.5 The SNS View
14.6 CKS Packaging, Inc. (U.S.)
14.6.1 Company Overview
14.6.2 Financial
14.6.3 Products/ Services Offered
14.6.4 SWOT Analysis
14.6.5 The SNS View
14.7 A-ROO COMPANY LLC. (U.S.)
14.7.1 Company Overview
14.7.2 Financial
14.7.3 Products/ Services Offered
14.7.4 SWOT Analysis
14.7.5 The SNS View
14.8 Avient Corporation (U.S.)
14.8.1 Company Overview
14.8.2 Financial
14.8.3 Products/ Services Offered
14.8.4 SWOT Analysis
14.8.5 The SNS View
14.9 Tetra Pak Group (Sweden)
14.9.1 Company Overview
14.9.2 Financial
14.9.3 Products/ Services Offered
14.9.4 SWOT Analysis
14.9.5 The SNS View
14.10 Amcor plc (Switzerland)
14.10.1 Company Overview
14.10.2 Financial
14.10.3 Products/ Services Offered
14.10.4 SWOT Analysis
14.10.5 The SNS View
15. Competitive Landscape
15.1 Competitive Benchmarking
15.2 Market Share Analysis
15.3 Recent Developments
15.3.1 End User News
15.3.2 Company News
15.3.3 Mergers & Acquisitions
16. Use Case and Best Practices
17. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
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