Asia-Pacific consumer packaging market is estimated to grow at a significant CAGR of 7.0% during the forecast period. The major factors contributing to the growth of the market include a significant rise in the production of food and beverage and pharmaceuticals in the region. The rising demand for processed food is one of the major causes that accelerates the demand for packaging solutions in the region. As per the India Brand Equity Foundation (IBEF), the Indian food and grocery market are the sixth-largest across the globe, with retail accounting for 70% of the sales. The Indian food processing industry held 32% of India’s total food market. Food processing contributes nearly 13% of the country’s exports and 6% of total industrial investment.
Additionally, there is a significant presence of major e-commerce players such as Alibaba, Amazon, and JD.com in the country. Amazon is significantly expanding its fulfilment centers across the country, which is supporting to leverage share in the country. Packaging plays a vital role in the e-commerce industry, as it enables to presents the brand image efficiently. Owing to the expansion of the e-commerce industry in the country, the packaging companies including Amcor are taking active interest to support innovate packaging standards for China’s e-commerce industry. As a result, potential innovations in e-commerce packaging is expected to witness in the near future.
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Market Coverage
- Market number available for 2023-2031
- Base year- 2023
- Forecast period- 2024-2031
- Segment Covered- By Material and End-User
- Countries Covered- China, India, Japan, and Rest of Asia-Pacific
- Competitive Landscape- Amcor plc, Essel Propack Ltd., Oji Holdings Corp., Tetra Pak International S.A., and Constantia Flexibles Group GmbH
Asia-Pacific Consumer Packaging Market-Segmentation
By Material
- Plastic
- Paper
- Glass
- Metal
By End-User
- Food
- Beverage
- Healthcare
- Personal Care and Cosmetics
- Household Goods
A full Report of Asia-Pacific Consumer Packaging Market is Available at: https://www.omrglobal.com/industry-reports/asia-pacific-consumer-packaging-market
Asia-Pacific Consumer Packaging Market– Segment by Country
- China
- India
- Japan
- Rest of Asia-Pacific
Company Profiles
- Amcor plc
- Asia Pulp & Paper Group (APP)
- Constantia Flexibles Group GmbH
- Essel Propack, Ltd.
- GPA Global
- HCP Packaging (Shanghai) Co., Ltd.
- Hirokawa Co., Ltd.
- Jindal Poly Films
- KLH (Kung Long Hong Co., Ltd.)
- Libo Cosmetics Co., Ltd.
- Modern-Pak Pte, Ltd.
- Oji Holdings Corp.
- Rengo Co., Ltd.
- Reynolds Group Holdings, Ltd.
- Samyang Packaging Corp.
- Shandong Lipeng Co.,Ltd.
- Shanghai Forests Packaging Group Co., Ltd.
- Shanying International Holding Co., Ltd.
- Shenzhen Wanli Printing Co.,Ltd.
- Taizhou Qunli New Material Co., Ltd.
- Takemoto Packaging, Inc.
- Tetra Pak International S.A.
- Uflex, Ltd.
- Zhenghao Plastic & Mold Co., Ltd.
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