GITNUX MARKETDATA REPORT 2024

Display Packaging Industry Statistics

The display packaging industry is projected to grow at a steady rate over the coming years, driven by increasing demand for visually appealing and sustainable packaging solutions.

In this post, we will explore a wide array of compelling statistics that shed light on the dynamic landscape of the global display packaging industry. From market projections and material dominance to sector-specific growth trends and the impact of external factors like COVID-19, these statistics offer valuable insights into the current state and future prospects of display packaging.

Statistic 1

"The global display packaging market is predicted to hit $22.52 billion by 2025."

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Statistic 2

"The Compound Annual Growth Rate (CAGR) of the global display packaging market is estimated at 7.6% from 2021 to 2028."

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Statistic 3

"North America holds the largest market share of the global display packaging industry."

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Statistic 4

"Boxboard material type is projected to dominate the display packaging market till 2027."

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Statistic 5

"The cosmetics and personal care industries are expected to be the fastest-growing end-user industries of the display packaging market."

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Statistic 6

"The food and beverage sector dominated the display packaging industry in 2019."

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Statistic 7

"The e-commerce industry holds a significant proportion of the global display packaging market."

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Statistic 8

"Offline distribution channels dominate over 70% of the display packaging market."

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Statistic 9

"The Asia-Pacific display packaging market is projected for robust growth due to increasing disposable incomes."

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Statistic 10

"The plastic material segment is expected to grow at a CAGR of 8.1% in the display packaging market from 2021 to 2028."

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Statistic 11

"Display packaging penetration in the pharmaceutical industry is forecasted to grow at a CAGR of 5.7% from 2020 to 2030."

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Statistic 12

"The electronic segment is predicted to reach $4.2 billion by 2028 in the display packaging industry."

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Statistic 13

"Industry players are increasingly adopting sustainable and eco-friendly materials for display packaging."

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Statistic 14

"Rising demands for organized and attractive product arrangements in retail stores is driving the growth of the display packaging industry."

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Statistic 15

"Personal disruption due to COVID-19 caused a surge in e-commerce activities, indirectly benefiting the display packaging industry."

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Statistic 16

"Metal material type in the display packaging market is set to witness a CAGR of 6.9% during the forecast period."

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Statistic 17

"The flexible display packaging segment is growing faster than the rigids segment."

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Statistic 18

"Corrugated material type holds the second-largest share in the display packaging market after boxboard."

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Statistic 19

"The growing prominence of sustainable packaging and government regulations against non-recyclable packaging has significantly impacted the display packaging industry."

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Statistic 20

"Rising urbanization and evolving lifestyle trends, especially in emerging markets, have encouraged the growth of the display packaging industry."

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In conclusion, the global display packaging industry is poised for substantial growth driven by various factors such as increasing disposable incomes, rising demand for sustainable packaging, shifting consumer preferences, and the surge in e-commerce activities due to the COVID-19 pandemic. With projections indicating significant expansion in market size, particularly in regions like North America and Asia-Pacific, as well as across diverse end-user industries like cosmetics, personal care, food and beverage, pharmaceuticals, electronics, and more, it is clear that industry players are actively adapting to market trends by incorporating eco-friendly materials and innovative packaging solutions to meet evolving consumer needs.

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