2016 Total Packaging Market Size (million units):
38,770
2011-16 Total Packaging Historic CAGR:
-0.5%
2016-21 Total Packaging Forecast CAGR:
2.1%
2016 Total Packaging Market Size (million units): | 38,770 |
---|---|
2011-16 Total Packaging Historic CAGR | -0.5% |
2016-21 Total Packaging Forecast CAGR | 2.1% |
Packaging Industry | 2016 Market Size (million units) |
Beverages Packaging | 14,420 |
Food Packaging | 21,348 |
Beauty and Personal Care Packaging | 1,620 |
Dog and Cat Food Packaging | 191 |
Home Care Packaging | 1,191 |
Packaging Type | 2016 Market Size (million units) |
---|---|
Rigid Plastic | 10,610 |
Flexible Packaging | 19,153 |
Metal | 1,697 |
Paper-based Containers | 1,962 |
Glass | 3,249 |
Liquid Cartons | 2,100 |
- Innovative and premium packaging diminished along spending in all consumption categories. As such, manufacturers encouraged consumers to trade down to returnable PET and glass bottles in the beverages industry, while larger pack sizes emerged in packaged food, driven by a lower price per kg/litre.
- To attract consumers with deteriorated income, companies launched plastic pouches with a price per kilogram/litre much lower than traditional packaging In beauty and personal care and home care, which afforded plastic pouches the most dynamic evolution in 2016.
Disclaimer
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