Apr 4, 2025
Packaging is no longer just about wrapping products it's a dynamic industry evolving to meet sustainability demands, technological advancements, and shifting consumer preferences. From reducing environmental impact to enhancing product safety and brand identity, packaging plays a critical role in modern markets.
BCC Research’s 2024 Packaging Research Review provides an in-depth look at how the industry is transforming, driven by the push for eco-friendly materials, innovative design, and regulatory changes. Companies are rethinking packaging strategies to align with a greener future, whether sustainable plastics, healthcare packaging solutions, or circular economy initiatives.
Let's examine the key highlights and insights from this review.
The global market for sustainable packaging is expanding rapidly. The estimated market values and growth rates are as follows:
Packaging protects products from contamination and ensures safe transportation. It communicates essential information between consumers and manufacturers, especially for fast-moving consumer goods (FMCGs). There are three types of packaging: primary (direct product packaging), secondary (grouping multiple packages), and tertiary (for storage and distribution).
Modern packaging goes beyond protection and transport. It enhances brand image through advanced materials and printing techniques. The industry is shifting towards eco-friendly solutions, driven by consumer demand for recyclable and minimal-waste packaging. Companies focus on reducing unnecessary packaging and optimizing materials to lower environmental impact.
This shift highlights the packaging industry's role in creating value and adapting to sustainability trends.
The global market for sustainable packaging is estimated to increase from $278.1 billion in 2023 to reach $391.1 billion by 2029, at a compound annual growth rate (CAGR) of 6.0% from 2024 through 2029.
This Research Review includes insights from key reports published by BCC Research in 2024:
Overview: Sustainable packaging uses eco-friendly materials and processes to minimize environmental impact. This analysis examines materials such as paper, plastic, and metal, and categorizes the market by recycled, reusable, and biodegradable packaging. It highlights the growing demand for sustainable packaging driven by consumer awareness, environmental concerns, and regulatory pressures.
Overview: Plastics for healthcare packaging refers to using plastic materials to create packaging solutions specifically designed for healthcare products. These packaging solutions include containers, caps, closures, vials, IV bags, and more. The primary goal is to ensure healthcare products' safety, integrity, and sterility. This study also explores market segmentation by resin type and product packaging and highlights the growing trend towards sustainable materials in healthcare packaging.
Overview: Sustainable plastic packaging involves using eco-friendly plastic materials to create packaging solutions that reduce environmental impact. This analysis segments the market by packaging type (recycled, reusable, and bioplastic) and end user. It explores market dynamics, opportunities, and challenges, emphasizing the shift towards sustainable plastic solutions in food and beverage, healthcare, and personal care industries.
Key Companies:
The 2024 Packaging Research Review by BCC Research offers valuable insights into the current trends and prospects of the packaging industry. With significant growth potential in sustainable packaging and the increasing importance of eco-friendly solutions, this review is a must-read for market professionals.
Explore the full research reports published by BCC Research for an in-depth examination of the transforming packaging market.
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Kavita Rawat is a Marketing Operations Executive at BCC Research, with a master’s degree in business. She specializes in optimizing marketing strategies and content creation. With her MBA, she combines her passion for marketing with her academic prowess to drive success in the ever-evolving field.
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