info@marketresearchfuture.com   📞 +1 (855) 661-4441(US)   📞 +44 1720 412 167(UK)   📞 +91 2269738890(APAC)
Certified Global Research Member
Isomar 1 Iso 1
Key Questions Answered
  • Global Market Outlook
  • In-depth analysis of global and regional trends
  • Analyze and identify the major players in the market, their market share, key developments, etc.
  • To understand the capability of the major players based on products offered, financials, and strategies.
  • Identify disrupting products, companies, and trends.
  • To identify opportunities in the market.
  • Analyze the key challenges in the market.
  • Analyze the regional penetration of players, products, and services in the market.
  • Comparison of major players financial performance.
  • Evaluate strategies adopted by major players.
  • Recommendations
Why Choose Market Research Future?
  • Vigorous research methodologies for specific market.
  • Knowledge partners across the globe
  • Large network of partner consultants.
  • Ever-increasing/ Escalating data base with quarterly monitoring of various markets
  • Trusted by fortune 500 companies/startups/ universities/organizations
  • Large database of 5000+ markets reports.
  • Effective and prompt pre- and post-sales support.

Packaging Reel Market Research Report Information by Application (Electrical & Electronics, Paper & Printing, Packaging Material, Others), by Material (Wood, Plastic, Metal, Paper & Paperboard) and Region (North America, Europe, Asia-Pacific, Middle East & Africa, South America) - Forecast till 2035


ID: MRFR/PNT/57633-CR | 106 Pages | Author: Varsha More| July 2025

Global Packaging Reel Market Overview


The Packaging Reel Market was valued at USD 45.67 Billion in 2024. The Packaging Reel Market industry is projected to grow from USD 47.97 Billion in 2025 to USD 65.41 Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 3.5% during the forecast period (2025-2035).


The growing demand for sustainable packaging solutions and expansion of e-commerce and logistics sector are driving the growth of the Packaging Reel Market.


As per the Analyst at MRFR, the growing demand for sustainable packaging solutions is a significant driver in the packaging reels market, fueled by heightened environmental awareness and stringent regulations on plastic waste. Consumers and businesses are increasingly prioritizing eco-friendly packaging, leading to a surge in the use of biodegradable, recyclable, and compostable materials for reels. For instance, companies like Smurfit Kappa have introduced paper-based reels that are 100% recyclable, catering to industries such as food and beverages, where sustainability is a key focus. 


Governments worldwide are enforcing regulations like the European Union's Single-Use Plastics Directive, pushing manufacturers to innovate sustainable alternatives. Additionally, brands are leveraging sustainable reels to enhance their corporate social responsibility initiatives and appeal to eco-conscious consumers. For example, Unilever uses reels made of recycled paper for its product packaging to align with its commitment to reduce virgin plastic usage by 50% by 2025. The logistics and shipping sectors also contribute significantly to this trend, adopting sustainable reels to minimize carbon footprints while ensuring product safety during transit.


FIGURE 1: PACKAGING REEL MARKET VALUE (2019-2035) USD BILLION


PACKAGING REEL MARKET VALUE (2019-2035) USD BILLION


 Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review


Packaging Reel Market Opportunity


TECHNOLOGICAL ADVANCEMENTS IN REEL MANUFACTURING


Technological advancements in reel manufacturing present significant opportunities for the growth of the global packaging reels market. The increasing demand for higher efficiency, durability, and functionality in packaging solutions has driven innovations in reel design and production. These advancements focus on improving reel strength, reducing material waste, and introducing smart capabilities to meet the evolving needs of industries like logistics, consumer goods, and food packaging. One key technological innovation is the development of lightweight and durable packaging reels, which are designed to reduce transportation costs and improve operational efficiency. 


Materials such as recycled plastics, composite materials, and biodegradable alternatives are increasingly being used in reel production to enhance sustainability. For example, Mondi, a global leader in packaging and paper, has introduced eco-friendly reels made from recyclable materials, which cater to industries seeking sustainable packaging solutions. These reels not only provide a strong and lightweight alternative to traditional materials but also contribute to reducing overall environmental impact. Another notable innovation is the integration of smart technologies like RFID-enabled reels. 


These reels are equipped with Radio Frequency Identification (RFID) tags, allowing companies to track the movement of packaging reels in real-time. This offers better inventory management, reduces the risk of loss, and streamlines the supply chain. Companies like Smurfit Kappa have embraced this technology to optimize logistics and improve traceability in packaging operations.


Packaging Reel Market Segment Insights


Packaging Reel by Application Insights


Based on Application, this segment includes Electrical & Electronics, Paper & Printing, Packaging Material, Others. The Packaging Material segment dominated the global market in 2024, while the Electrical & Electronics segment is projected to be the fastest–growing segment during the forecast period. Flexible packaging materials like plastic films, aluminum foils, paper, and composite materials are often wound onto packaging reels to make them easier to store, handle, and feed into production lines. 


The packaging reels help streamline operations, reducing manual handling, improving efficiency, and ensuring the protection of sensitive packaging materials. Materials like polyethylene (PE), polypropylene (PP), and polyester (PET) are commonly wound onto reels for easy handling and processing in packaging applications. For instance, food packaging films, including those used for snacks, dairy products, and ready-to-eat meals, are often supplied on reels.


FIGURE 2: PACKAGING REEL MARKET SHARE BY APPLICATION 2024 AND 2035 (USD BILLION)


PACKAGING REEL MARKET SHARE BY APPLICATION 2024 AND 2035


Source: Secondary Research, Primary Research, MRFR Database and Analyst Review


Packaging Reel by Material Insights


Based on Material, this segment includes Wood, Plastic, Metal, Paper & Paperboard. The Plastic segment dominated the global market in 2024, while the Paper & Paperboard segment is projected to be the fastest–growing segment during the forecast period. Plastic based cylindrical reels are made from various types of plastic materials such as polyethylene, polypropylene, polyvinyl chloride, and acrylonitrile butadiene styrene. 


These reels are primarily used to hold and store products like wires, cables, films, tapes, textiles, and other materials that require protection during transportation, storage, or manufacturing processes. The durability and strength of plastic reels make them an ideal choice for industries requiring more robust mechanical protection compared to paper-based reels. They are moisture resistant, making them suitable for applications where exposure to water or humidity could damage the product, such as in the cable and wire, film, foil, and textile industries.


Packaging Reel Regional Insights


Based on the Region, the Global Packaging Reel is segmented into North America, Europe, Asia-Pacific, Middle East & Africa and South America. The Asia-Pacific dominated the global market in 2024, while it is projected to be the fastest–growing segment during the forecast period. Major demand factors driving the Asia-Pacific market are the growing demand for sustainable packaging solutions and expansion of e-commerce and logistics sectors. Asia Pacific packaging reel market consists of countries including China, Japan, India, ASEAN, Australia, and Rest of Asia Pacific. 


The Asia Pacific packaging reels market is experiencing robust growth, driven by several key factors. The booming e-commerce industry in countries like China, India, and Southeast Asia has significantly increased the demand for packaging reels, as platforms like Alibaba and Flipkart rely on stretch films and shrink wraps for efficient logistics. The region’s strong manufacturing sector, particularly in electronics, automotive, and consumer goods, also contributes to the demand for reels used in handling flexible packaging materials.


FIGURE 3: PACKAGING REEL MARKET VALUE BY REGION 2024 AND 2035 (USD BILLION)


PACKAGING REEL MARKET VALUE BY REGION 2024 AND 2035


Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review


Further, the countries considered in the scope of the Application Tracking System Market are the US, Canada, Mexico, Germany, UK, France, Italy, Spain, Finland, China, India, Japan, ASEAN, Australia, Saudi Arabia, UAE, Nigeria, South Africa, Brazil, Argentina and others.


Global Packaging Reel Key Market Players & Competitive Insights


Many global, regional, and local vendors characterize the Packaging Reel Market. The market is highly competitive, with all the players competing to gain market share. Intense competition, rapid advances in technology, frequent changes in government policies, and environmental regulations are key factors that confront market growth. The vendors compete based on cost, product quality, reliability, and government regulations. Vendors must provide cost-efficient, high-quality products to survive and succeed in an intensely competitive market.


The major competitors in the market are Sonoco Products Company, Carris Reels, Inc., L-S Industries, Inc., Service Wire Company, Walki Group Oy, Illinois Tool Works Inc., Vandor Corporation, Foster International Packaging, Pentre Group Ltd, Sinho Electronic Co. are among others. The Packaging Reel Market is a consolidated market due to increasing competition, acquisitions, mergers and other strategic market developments and decisions to improve operational effectiveness.


Key Companies in the Packaging Reel Market include



  • Sonoco Products Company

  • Carris Reels, Inc.

  • L-S Industries, Inc.

  • Service Wire Company

  • Walki Group Oy

  • Illinois Tool Works Inc

  • Vandor Corporation

  • Foster International Packaging

  • Pentre Group Ltd

  • Sinho Electronic Co.


Packaging Reel Market Industry Developments


January 2021: Walki announced that it has developed a 100% wood-based reel wrapping paper, where the protective polymer barrier is made with tall oil.


October 2021: Walki Group announced that it has acquired 100 % of the shares of French producer of biobased packaging solutions, Rollpack SAS. The company specializes in the production of industrial packaging products based on renewable and recycled materials.


Packaging Reel Market Segmentation


Packaging Reel by Application Outlook



  • Electrical & Electronics

  • Paper & Printing

  • Packaging Material

  • Others


Packaging Reel by Material Outlook



  • Wood

  • Plastic

  • Metal

  • Paper & Paperboard


Packaging Reel Regional Outlook



  • North America

    • US

    • Canada

    • Mexico



  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • Finland

    • Rest of Europe



  • Asia-Pacific

    • China

    • India

    • Japan

    • ASEAN

    • Australia

    • Rest of Asia-Pacific



  • Middle East & Africa

    • Saudi Arabia

    • UAE

    • Nigeria

    • South Africa

    • Rest of MEA



  • South America

    • Brazil

    • Argentina

    • Rest of South America



Report Attribute/Metric Details
Market Size 2024 USD 45.96 Billion
Market Size 2025 USD 47.97 Billion
Market Size 2035 USD 65.41 Billion
Compound Annual Growth Rate (CAGR) 3.5% (2025-2035)
Base Year 2024
Forecast Period 2025-2035
Historical Data 2019-2023
Forecast Units Value (USD Billion)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered By Application, By Material
Geographies Covered North America, Europe, Asia Pacific, Middle East & Africa and South America
Countries Covered The US, Canada, Mexico, Germany, UK, France, Italy, Spain, Finland, China, India, Japan, ASEAN, Australia, Saudi Arabia, UAE, Nigeria, South Africa, Brazil, Argentina
Key Companies Profiled Sonoco Products Company, Carris Reels, Inc., L-S Industries, Inc., Service Wire Company, Walki Group Oy, Illinois Tool Works Inc., Vandor Corporation, Foster International Packaging, Pentre Group Ltd, Sinho Electronic Co.
Key Market Opportunities ·         Technological Advancements in Reel Manufacturing
Key Market Dynamics ·         Growing Demand for Sustainable Packaging Solutions ·         Expansion of E-commerce and Logistics Sector


Frequently Asked Questions (FAQ) :

USD 45.96 Billion is the Packaging Reel Market in 2024

The Plastic segment by Film Type holds the largest market share and grows at CAGR of 2.8 % during the forecast period.

Asia-Pacific holds the largest market share in the Packaging Reel Market.

SAES Coated Films, Qingdao Cloud Film Packaging Materials Co., Ltd., NOWOFOL GmbH & Co. KG, Lenzing Plastics GmbH & Co. KG, POLIFILM, Profol GmbH, Walki Group Oy, RKW Group, Soparkar and Kothari, Rani Group are the prominent players in the Packaging Reel Market.

The Packaging Material segment dominated the market in 2024.

Comments

Leading companies partner with us for data-driven Insights.

clients

Kindly complete the form below to receive a free sample of this Report

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

Tailored for You
  • Dedicated Research on any specifics segment or region.
  • Focused Research on specific players in the market.
  • Custom Report based only on your requirements.
  • Flexibility to add or subtract any chapter in the study.
  • Historic data from 2014 and forecasts outlook till 2040.
  • Flexibility of providing data/insights in formats (PDF, PPT, Excel).
  • Provide cross segmentation in applicable scenario/markets.