The Global Packaging Design Services Market Growth Is Accelerated By Sustainable Design Trends

Packaging design plays a key role in brand differentiation, consumer experience and product protection. Packaging design services help businesses develop attractive and functional packaging for their products while meeting regulatory compliance. Services offered include concept & design development, brand strategy & positioning, packaging structural design, sustainability consulting and commercialization.

The global Packaging Design Services Market is estimated to be valued at Us$ 24.63 Bn in 2023 and is expected to exhibit a Cagr Of 4.0% over the forecast period 2023 To 2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends:

Sustainable design trends have accelerated growth in the packaging design services market. Growing consumer awareness about environmental issues has increased demand for packaging made from recyclable and eco-friendly materials. Packaging design service providers help businesses develop sustainable packaging solutions that reduce waste and use minimal resources. They provide guidance on using post-consumer recycled content, recyclable materials and renewable resources in packaging development. Sustainable design strategies are not only beneficial for the environment but also help brands enhance their green image and resonance with socially conscious buyers.

Segment Analysis

The global packaging design services market is dominated by the food and beverage sub segment. The food and beverage industry requires packaging design services to a great extent to attract consumers and enable brand differentiation. Effective packaging design helps increase sales dramatically for food and beverage products. Other major segments include personal care, pharmaceuticals, and consumer goods. The consumer goods segment is witnessing high growth in the packaging design services market owing to rising demand for customized and innovative packaging solutions among consumer goods companies.

Key Takeaways

The Global Packaging Design Services Market Demand is expected to witness high growth over the forecast period of 2023 to 2030. The market size is projected to increase from US$ 24.63 Bn in 2023 to over US$ 36 Bn by 2030, expanding at a CAGR of around 4%.

Regional analysis:

The Asia Pacific region currently dominates the global packaging design services market and is expected to maintain its leading position over the next few years. Rapid growth of retail and e-commerce sectors coupled with rising disposable incomes is driving the demand for innovative packaging in the region. Additionally, a large number of multinational food & beverage and consumer goods companies have established manufacturing bases in Asia Pacific, propelling the need for packaging design services.

Key players:

Key players operating in the packaging design services market are Schawk Inc. (SGK Inc.), Interbrand Corporation, Packaging Corporation of America (PCA), Tetra Pak International S.A., Amcor plc, Rieke Packaging Systems, Landaal Packaging Systems, Gerresheimer AG, TricorBraun Inc., Design Packaging, Inc., Crown Holdings, Inc., Berlin Packaging LLC, Kush Bottles, Inc. (KushCo Holdings, Inc.), PaperWorks Industries, Inc. The major players are focusing on new product launches and acquisitions to expand their service offerings and global footprint. For instance, in 2022, Berlin Packaging acquired Packaging Services Industries to enhance its design services portfolio in the pharmaceutical packaging sector.

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