The Customized Packaging market size is estimated to be close to USD XX Billion in 2022 and is projected to grow at a CAGR of XX% till 2027. Key factors driving market revenue growth are rising demand for convenience packaging and innovation in packaging technologies. In addition, creating brand awareness, personalized experience for customers, and better customer engagements are other key factors expected to drive demand for custom packaging, and support market revenue growth.
Get an Exclusive PDF Sample Copy of the Report at https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=138599795
By Material, Plastic accounted for the largest share in 2022
Plastic films are made from a wide range of polymers and have the ability to be molded into the desired shapes when subjected to heat or pressure. Plastic films can be easily formed, are of high quality, cost-effective, and provide excellent barrier properties. Hence, they are preferred for Personalized Packaging. Plastic films also offer down-gauging properties as they enable manufacturers to use minimum resources to manufacture a package.
By Application, Plastics are expected to generate high growth over the forecast period
The key driver for the growth of the Personalized Packaging Market in food packaging is the increase in demand for compact & lightweight packaging in baby food. Customized packaging provide the convenience of carrying baby food and are available for single-time use. In the food industry, they are widely utilized in packaging sauces, pet food, ready-to-eat/frozen meals, candies, chocolates, snacks, dried fruits & nuts, and confectionery products.
APAC account for the largest share of the Customized packaging market during the forecast period
The market for Customized packaging is expected to be driven by the demand from Asia Pacific. Growth in Customized industry in economies such as China and India and in the South East Asian region, is expected to translate into a rise in the demand for packaging in the region. Rise in the population is also expected to drive end-use purchases which in turn is expected to drive the growth of the Customized packaging over the next five years.
Request Customized Report as Per Your Requirements at https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=138599795
Few of the key players in the global personalized packaging market include Owens Illinois Inc., Salazar Packaging, Inc., Design Packaging, Inc., PrimeLine Packaging, International Packaging Inc., Elegant Packaging, Pak Factory Inc., ABOX Packaging, ACG Ecopak, CB Group, SoOPAK Company, Huhtamaki Oyj, The Mondi Group plc., Smurfit Kappa Group, Glenroy Inc. and ProAmpac LLC., The Box Factory Limited, Owens Illinois, CBS Packaging, Huhtamaki and others.
Read Our Trending Press Release Below:
Pet Food Packaging Market: https://www.tradove.com/blog/Future-of-Pet-Food-Packaging-Industry-And-Post-Covid19-Pandemic-Impact-MarketsandMarkets%E2%84%A2-Report.html
Antimicrobial Packaging Market: https://onlinebusinessnewsdesk.blogspot.com/2022/08/north-america-antimicrobial-packaging.html
Biodegradable Plastic Packaging Market- https://theomnibuzz.com/biodegradable-paper-plastic-packaging-industry-adapts-to-business-during-covid-19-marketsandmarkets-report/
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their pain points around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 Micro Quadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
Follow Us: LinkedIn | Twitter | Facebook
https://www.kwickpackaging.com/product/custom-cbd-vial-packaging-boxes/High quality stuff and excellent colors combination makes your packaging box more prominent and more appealing for the customers.
Kwick Packaging is one of the best options when it comes to the custom packaging of CBD vial products.
Our custom food boxes are designed to offer attractive and secure packaging for the hospitality and restaurant industries.
Get an instant quote now!
