News in Numbers

The global packaging market is anticipated to grow from USD 1.14 trillion in 2024 to USD 1.38 trillion by 2029, with a compound annual growth rate (CAGR) of 3.89%.

The flexible packaging segment is forecast to grow at a CAGR of 3.9% from 2020 to 2025, reaching USD 317.57 billion by 2027.

Demand for sustainable packaging is rising, with a projected market size of USD 440.3 billion by 2025.

The global smart packaging market is expected to reach USD 52.83 billion by 2025, driven by innovations in packaging that improve consumer engagement and product safety.

The metal packaging market is projected to reach USD 180.91 billion by 2027​.