Fast Moving Consumer Goods (FMCG), also known as Consumer Packaged Goods (CPG), are the high-demand products that are sold at relatively low prices. They include beverages, processed foods, vegetables, fruits, toiletries, etc. FMCG packaging solutions include plastic, metal, glass, cardboard, etc., which help protect the enclosed product from contamination by inhibiting the growth of microorganisms to maintain the quality of the goods, ensure a longer shelf life, providing one-stop packaging solutions for brands, etc.
FMCG Packaging Market Trends and Drivers:
Widespread adoption of protective packaging materials in cosmetics, pharmaceuticals, personal care, and food and beverage (F&B) industries to maintain product efficacy and quality is primarily driving the market FMCG packaging. With this in mind, FMCG companies are adopting modern technologies to integrate innovative packaging solutions with improved quality, which further catalyzes the growth of the market.
Additionally, growing environmental awareness among consumers is propelling the usage of recyclable pouches and aluminum cans as they are lightweight, stackable, strong, durable, etc., which is also increasing the global market. In addition to this, the growing popularity of online retail platforms and expanding infrastructure of e-commerce distribution channels are acting as significant growth drivers.
Furthermore, the emerging trend of strategic collaborations between key players to develop aesthetically appealing and personalized packaging solutions that communicate, market and advertise brand identity and products are expected to drive the FMCG packaging market in the years to come. to come.
To note: We regularly monitor the direct effect of COVID-19 on the market, as well as the indirect influence of associated industries. These observations will be incorporated into the report.
The competitive landscape of the market has been studied in the report with the detailed profiles of the major players operating in the market.
Albéa Group, Amcor plc, AptarGroup Inc., Ball Corporation, Berry Global Inc., Consol Glass (Pty) Ltd, Crown Holdings Inc., DS Smith PLC, Graham Packaging Company, Sealed Air Corporation, Sonoco Products Company, Tetra Pak International SA and Toyo Seikan Group Holdings Ltd.
The report has segmented the market based on region, packaging type, material, and end-use industry.
Breakdown by type of packaging:
• Soft packaging
• Rigid packaging
Breakdown by material:
Breakdown by end-use industry:
• Food and drinks
• Cosmetics and personal care
Breakdown by region:
• North America: (United States, Canada)
• Asia-Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa
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Main highlights of the report:
• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Porter’s Five Forces Analysis
• Market drivers and success factors
• SWOT analysis
• Value chain
• Complete mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as part of the customization.
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