Display Packaging Market: Advances in Shelf-Ready Packaging Solutions Drive Growth at a CAGR of 5.8%
The Global Display Packaging Market, valued at USD 4.1 Billion in 2022, is projected to grow to USD 7.2 Billion by 2032, driven by a steady CAGR of 5.8% from 2023 to 2032.
Introduction:
The Global Display Packaging Market has experienced significant and rapid expansion in recent years, propelled by branding and consumer engagement innovations introduced by FMCG (Fast-Moving Consumer Goods) companies and retailers. This article delivers an extensive and thorough analysis of the display packaging market, encompassing key highlights, current trends, challenges, detailed segmentation, regional insights, and profiles of major industry participants.
Market Highlights and Statistics:
Download Sample Report Copy Of This Report From Here: https://www.amecoresearch.com/sample/276404
Analysis of the Display Packaging Market:
The exponential growth in this market is propelled by FMCG brands' growing reliance on innovative display packaging solutions to convey distinctive and impactful brand messaging on retail shelves, thereby enhancing consumer engagement. Factors contributing to this growth include the rapid expansion of modern retail and organized chains, coupled with the escalating use of secondary and tertiary packaging displays for on-shelf branding and promotional purposes. Technological advancements such as digital printing, data-enabled smart packaging, and the escalating demand for sustainability further stimulate innovation in the packaging sector. However, the challenges posed by fluctuating raw material costs present obstacles for display packaging manufacturers.
Current Trends in the Display Packaging Market:
An upsurge in the demand for shelf-ready packaging solutions, such as corrugated boxes, trays, and stands.
Widespread adoption of digital printing for customization, limited-edition releases, and promotional campaigns.
Integration of smart packaging features like QR codes, augmented reality (AR), sensors, and theft protection.
Growing preference for sustainable materials like plant-based bioplastics, recyclable paper, and cardboard.
An increased emphasis on automation and enhancements in supply chain efficiency.
Key Growth Drivers:
Efforts by leading FMCG companies to differentiate their brands and promote new product launches.
Growing consumer demand for convenience, personalized engagement, and interactive experiences.
The rapid expansion of modern grocery and online retail channels, along with the proliferation of SKUs necessitating shelf branding.
Increasing pressure to reduce packaging material costs, achieve sustainability objectives, and enhance supply chain efficiency.
Enhanced efficiency and reduced damage rates associated with shelf-ready packaging, driving its adoption.
Challenges in the Display Packaging Market:
Substantial investments required in printing and graphic design expertise for continuous innovation.
Effectively managing the fluctuating and rising costs of raw materials, including paper, glass, and plastic.
Achieving economies of scale, particularly for small and medium-sized CPG (Consumer Packaged Goods) companies.
Ensuring compliance with increasingly stringent environmental regulations.
Difficulties in recycling multilayer and mixed-material display packaging.
Leading Companies in the Display Packaging Industry:
DS Smith, WestRock Company, Sonoco SL, Smurfit Kappa, International Paper, Menasha Corporation, Georgia Pacific, Pratt Industries , Fencor Packaging Group Ltd, and Orora .
Segmentation of the Display Packaging Market:
Material Type
Packaging Type
Display Type
领英推荐
End-Use Industry
Display Packaging Market Complete Toc:
CHAPTER 1. Industry Overview of Display Packaging Market
CHAPTER 2. Research Approach
CHAPTER 3. Market Dynamics And Competition Analysis
CHAPTER 4. Display Packaging Market By Material Type
CHAPTER 5. Display Packaging Market By Packaging Type
CHAPTER 6. Display Packaging Market By Display Type
CHAPTER 7. Display Packaging Market By End-Use Industry
CHAPTER 8. North America Display Packaging Market By Country?
CHAPTER 9. Europe Display Packaging Market By Country
CHAPTER 10. Asia Pacific Display Packaging Market By Country
CHAPTER 11. Latin America Display Packaging Market By Country
CHAPTER 12. Middle East & Africa Display Packaging Market Overview
CHAPTER 13. Player Analysis Of Display Packaging Market
CHAPTER 14. Company Profile
Questions Regarding Display Packaging Market:
Answer: The global display packaging market is experiencing rapid growth due to branding and consumer engagement innovations by FMCG (Fast-Moving Consumer Goods) companies and retailers. Other factors include the adoption of innovative display packaging solutions, the growth of modern retail and organized chains, and technological advances such as digital printing and smart packaging features.
Answer: In 2022, the display packaging market was valued at USD 4.1 billion. It is forecasted to reach USD 7.2 billion by 2032, with a robust Compound Annual Growth Rate (CAGR) of 5.8% during the period from 2023 to 2032.
Answer: Asia Pacific accounted for the dominant share of over 40% in the display packaging market in 2022. This dominance is attributed to high sales in countries such as China, India, Indonesia, and other Southeast Asian countries.
Answer: Key trends in the display packaging market include the increasing demand for shelf-ready packaging solutions, the use of digital printing for customization and promotional campaigns, the incorporation of smart packaging features like QR codes and sensors, the rise of sustainable materials, and the need for automation and supply chain efficiency improvement.
Answer: The display packaging industry faces challenges such as significant investments required in printing and graphic design expertise for constant innovation, managing fluctuating raw material costs, achieving economies of scale, complying with environmental regulations, and difficulties in recycling multilayer and mixed material display packaging.
Regional Analysis of the Display Packaging Market:
In 2022, Asia Pacific secured a market share of over 40%, establishing its dominance. Europe and North America are also prominent regional markets. The rapid growth of supermarkets, hypermarkets, and retail chains in China, India, Indonesia, Thailand, and other APAC nations fuels market expansion. Factors like rapid urbanization, a burgeoning middle class, and branding initiatives by FMCG companies continue to boost the APAC market.
Conclusion:
Driven by surging demand for innovative and sustainable shelf-ready packaging solutions, rapid growth in modern retail, and branding-focused promotional efforts by FMCG companies, the outlook for the display packaging market remains exceedingly positive. Leading packaging companies are making substantial investments in digital printing capabilities, smart packaging technology, automation, and supply chain enhancements to reduce costs while meeting customer demands. The market is poised for double-digit growth over the next decade.
Buy the premium market research report here: https://www.amecoresearch.com/buy/276404
Find more such market research reports on our website or contact us directly Write to us at [email protected]
Call us on +918983225533 or +13474743864