Service Packaging Market Research Report - Forecast to 2027

Global Service Packaging Market information: by Material (Paper & Paperboard, Plastic, and others) Product (Boxes, Bags, Pouches, and others) Application (Food & Beverages, Consumer goods, Pharmaceutical and others), and Region - Forecast 2027

ID: MRFR/PNT/1145-HCR | February 2021 | Region: Global | 119 pages

Please note that the assessment period of report has been updated from 2017-2023 to 2020-2027. Cordially fill the sample form for updated data.

Market Scenario


Service packaging aims at the convenience of the end use customers by offering them a convenient, durable and service packaging. Such packaging is widely used across various applications such as food, beverages, and consumer goods. According to a recent study report published by the Market Research Future, the global service packaging market is increasing with the hasty pace and is anticipated to increase significantly over the forecast period mainly due to the high growth in packaged food industries. The global service packaging market is estimated to increase at a CAGR of 5.2% during the estimated period (2017-2023).


Currently, the service packaging market is surging primarily due to the rapid growth in the e-commerce sector. The easiness of online shopping because of quicker delivery, easier return policies, and free shipping have made many consumers shift from the traditional method of shopping. Moreover, increasing pharmaceutical industry across the globe also has the positive influence on the growth of the market. However, fluctuating prices of packaging raw materials are the factor, which may hamper the growth of the market.


On the basis of the regions, the global service packaging market is segmented into North America, Europe, Asia Pacific, and Rest of the World (RoW). Asia Pacific region accounted for the highest market share in 2016, in terms of value. The remarkable growth in the Asia Pacific packaging industry is the crucial factor fueling the growth of the global market. Increase in purchasing power of the consumer in countries such as China, India, and Indonesia, have  boosted the demand for good-quality processed & packaged food. Growing number of hypermarket in the region is also expected to fuel the demand for service packaging products. China, India, Japan, and Thailand are the highest contributor to Asia Pacific market. China accounts for the largest market share in the region mainly due to strong economic growth, rapid urbanization and increse in shopping activities.


North America is another major region in  the global service packaging market. Increasing demand for consumer goods products as well as packaged foods is likely to spur market growth. High growth in the pharmaceutical industry of the North American region is boosting the market growth further. Moreover, North America is a hub of major retail e-commerce companies such as Amazon (U.S.), and eBay (U.S.), which has a positive influence on the growth of the market. The U.S. is the major contributor to North American market.


Segmentation: Global Service Packaging Market


 Service Packaging Market


The market is segmented based on material, product, and application. On the basis of the product, the market is segmented into boxes, bags, pouches, and others. The pouches is the major product segment of the market. It is available in several types of stand-up pouches, pillow pouches, and retort pouches. The stand-up pouches are showing higher growth rate due to great barrier properties against moisture and oxygen along with low material usage and cost-effectiveness.


On the basis of the materials, the market is segmented into paper & paperboard, plastic, and others. Plastic dominates the material segment of the global market. It is extensively used materials for packaging across numerous end-use industries. Plastic in the form of PVC, PE, PP, PET, and others are used broadly in the packaging segment. This material provides a high barrier, cost-effectiveness, temperature resistance, and durable packaging options. The paper-based packaging is a versatile, environment-friendly and cost-effective method to transport, protect and preserve an extensive array of items.


On the basis of the application, the market is segmented into food & beverages, consumer goods, pharmaceutical, and others. The food and beverages segment dominates the market. High demand for processed and packed food across the globe driving the growth of the market. Service packaging is mainly used by the food industry for the packing of fruits, vegetables, poultry, meat, fish in addition to prepared meals, and storage products. Moreover, growing population along with increasing disposable income among the consumers also has the positive influence on the growth of the market.


Industry News


In March 2017, Hotpack Packaging Industries has declared an investment of USD 61 million (GBP 50 million) to set up a facility in the U.K. The facility will be furnished with the latest packaging and manufacturing technologies. This facility will be established as the U.K & European head office and manufacturing facility and will create 250 jobs in the region.


In July 2016, Orlando Products, Inc. one of the largest providers of packaging supplies ranging from padded mailers, bubble wrap, and flexible sheet foams, completed the acquisition of Absolute Packaging, LLC. This acquisition provides Orlando Products with additional manufacturing capacity and expands the company's presence in the Northern Virginia market.


Hence, Global Service Packaging market is expected grow at a CAGR of 5.2% during the forecast period.


The prominent players in the service packaging include Amcor Ltd., Mondi Group, Smurfit Kappa Group, Bemis Company Inc., Georgia-Pacific Corporation, ITC Ltd., Cascades Inc., International Paper, Graphic Packaging International Inc., DS Smith Plc, Crown Holdings, Inc., Graphic Packaging International Inc., AptarGroup Inc., Sonoco Products Company, and Nippon Paper Industries Co. Ltd.



Report Scope:
Report Attribute/Metric Details
  Market Size   2027: Significant Value
  CAGR   5.2% CAGR (2020-2027)
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Material, Product, Application
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Amcor Ltd., Mondi Group, Smurfit Kappa Group, Bemis Company Inc., Georgia-Pacific Corporation, ITC Ltd., Cascades Inc., International Paper, Graphic Packaging International Inc., DS Smith Plc, Crown Holdings, Inc., Graphic Packaging International Inc., AptarGroup Inc., Sonoco Products Company, and Nippon Paper Industries Co. Ltd.
  Key Market Opportunities

  • Increasing pharmaceutical industry across the globe
  • positive influence
  •   Key Market Drivers

  • Convenience
  • ease of online shopping
  • Easier return policies


  • Frequently Asked Questions (FAQ) :


    Global service packaging market is predicted to grow at a 5.2% CAGR between 2017- 2023.

    Service packaging have wide applications in pharmaceutical, food and beverage, and consumers goods industries.

    Asia Pacific will lead the global service packaging market.

    Convenience and ease of online shopping are the key factors driving the global service packaging market growth.

    Key contenders profiled in the global service packaging market include Amcor Ltd. (Australia), AptarGroup Inc. (USA), Bemis Company Inc. (USA), Cascades Inc. (Canada), Crown Holdings Inc. (USA), DS Smith PLC (UK), Georgia-Pacific Corporation ITC Ltd. (USA), Graphic Packaging International Inc. (USA), International Paper (USA), Mondi Group (Austria), Nippon Paper Industries Co. Ltd. (Japan), Smurfit Kappa Group (Republic of Ireland), and Sonoco Products Company (USA).

    TABLE OF CONTENT

    1 Executive Summary


    2 Scope of the Report

    2.1 Market Definition

    2.2 Scope of the Study

    2.2.1 Definition

    2.2.2 Research Objective

    2.2.3 Assumptions

    2.2.4 Limitations

    2.3 Research Process

    2.3.1 Primary Research

    2.3.2 Secondary Research

    2.4 Market size Estimation

    2.5 Forecast Model


    3 Market Landscape

    3.1 Porter’s Five Forces Analysis

    3.1.1 Threat of New Entrants

    3.1.2 Bargaining Power of Buyers

    3.1.3 Bargaining Power of Suppliers

    3.1.4 Threat of Substitutes

    3.1.5 Segment Rivalry

    3.2 Value Chain/Supply Chain Analysis


    4 Market Dynamics

    4.1 Introduction

    4.2 Market Drivers

    4.3 Market Restraints

    4.4 Market Opportunities

    4.5 Market Trends


    5 Global Service Packaging Market by Material

    5.1 Introduction

    5.2 Paper & Paperboard

    5.2.1 Market Estimates & Forecast, 2020-2027

    5.2.2 Market Estimates & Forecast by Region, 2020-2027

    5.3 Plastic

    5.3.1 Market Estimates & Forecast, 2020-2027

    5.3.2 Market Estimates & Forecast by Region, 2020-2027

    5.4 Others

    5.4.1 Market Estimates & Forecast, 2020-2027

    5.4.2 Market Estimates & Forecast by Region, 2020-2027

    6 Global Service Packaging Market, By Product

    6.1 Introduction

    6.2 Boxes

    6.2.1 Market Estimates & Forecast, 2020-2027

    6.2.2 Market Estimates & Forecast by Region, 2020-2027

    6.3 Bags

    6.3.1 Market Estimates & Forecast, 2020-2027

    6.3.2 Market Estimates & Forecast by Region, 2020-2027

    6.4 Pouches

    6.4.1 Market Estimates & Forecast, 2020-2027

    6.4.2 Market Estimates & Forecast by Region, 2020-2027

    6.5 Others

    6.5.1 Market Estimates & Forecast, 2020-2027

    6.5.2 Market Estimates & Forecast by Region, 2020-2027

    7 Global Service Packaging Market, By Application

    7.1 Introduction

    7.2 Consumer goods

    7.2.1 Market Estimates & Forecast, 2020-2027

    7.2.2 Market Estimates & Forecast by Region, 2020-2027

    7.3 Food & Beverages

    7.3.1 Market Estimates & Forecast, 2020-2027

    7.3.2 Market Estimates & Forecast by Region, 2020-2027

    7.4 Pharmaceuticals

    7.4.1 Market Estimates & Forecast, 2020-2027

    7.4.2 Market Estimates & Forecast by Region, 2020-2027

    7.5 Others

    7.5.1 Market Estimates & Forecast, 2020-2027

    7.5.2 Market Estimates & Forecast by Region, 2020-2027


    8 Global Service Packaging Market, By Region

    8.1 Introduction

    8.2 North America

    8.2.1 Market Estimates & Forecast, 2020-2027

    8.2.2 Market Estimates & Forecast by Material , 2020-2027

    8.2.3 Market Estimates & Forecast by Product, 2020-2027

    8.2.4 Market Estimates & Forecast by Application, 2020-2027

    8.2.5 The U.S

    8.2.5.1 Market Estimates & Forecast, 2020-2027

    8.2.5.2 Market Estimates & Forecast by Material , 2020-2027

    8.2.5.3 Market Estimates & Forecast by Product, 2020-2027

    8.2.5.4 Market Estimates & Forecast by Application, 2020-2027

    8.2.6 Canada

    8.2.6.1 Market Estimates & Forecast, 2020-2027

    8.2.6.2 Market Estimates & Forecast by Material , 2020-2027

    8.2.6.3 Market Estimates & Forecast by Product, 2020-2027

    8.2.6.4 Market Estimates & Forecast by Application, 2020-2027

    8.3 Europe

    8.3.1 Market Estimates & Forecast, 2020-2027

    8.3.2 Market Estimates & Forecast by Material , 2020-2027

    8.3.3 Market Estimates & Forecast by Product, 2020-2027

    8.3.4 Market Estimates & Forecast by Application, 2020-2027

    8.3.5 U.K

    8.3.5.1 Market Estimates & Forecast, 2020-2027

    8.3.5.2 Market Estimates & Forecast by Material , 2020-2027

    8.3.5.3 Market Estimates & Forecast by Product, 2020-2027

    8.3.5.4 Market Estimates & Forecast by Application, 2020-2027

    8.3.6 Germany

    8.3.6.1 Market Estimates & Forecast, 2020-2027

    8.3.6.2 Market Estimates & Forecast by Material , 2020-2027

    8.3.6.3 Market Estimates & Forecast by Product, 2020-2027

    8.3.6.4 Market Estimates & Forecast by Application, 2020-2027

    8.3.7 France

    8.3.7.1 Market Estimates & Forecast, 2020-2027

    8.3.7.2 Market Estimates & Forecast by Material , 2020-2027

    8.3.7.3 Market Estimates & Forecast by Product, 2020-2027

    8.3.7.4 Market Estimates & Forecast by Application, 2020-2027

    8.3.8 Italy

    8.3.8.1 Market Estimates & Forecast, 2020-2027

    8.3.8.2 Market Estimates & Forecast by Material , 2020-2027

    8.3.8.3 Market Estimates & Forecast by Product, 2020-2027

    8.3.8.4 Market Estimates & Forecast by Application, 2020-2027

    8.3.9 Rest of Europe

    8.3.9.1 Market Estimates & Forecast, 2020-2027

    8.3.9.2 Market Estimates & Forecast by Material , 2020-2027

    8.3.9.3 Market Estimates & Forecast by Product, 2020-2027

    8.3.9.4 Market Estimates & Forecast by Application, 2020-2027

    8.4 Asia Pacific

    8.4.1 Market Estimates & Forecast, 2020-2027

    8.4.2 Market Estimates & Forecast by Material , 2020-2027

    8.4.3 Market Estimates & Forecast by Product, 2020-2027

    8.4.4 Market Estimates & Forecast by Application, 2020-2027

    8.4.5 China

    8.4.5.1 Market Estimates & Forecast, 2020-2027

    8.4.5.2 Market Estimates & Forecast by Material , 2020-2027

    8.4.5.3 Market Estimates & Forecast by Product, 2020-2027

    8.4.5.4 Market Estimates & Forecast by Application, 2020-2027

    8.4.6 Japan

    8.4.6.1 Market Estimates & Forecast, 2020-2027

    8.4.6.2 Market Estimates & Forecast by Material , 2020-2027

    8.4.6.3 Market Estimates & Forecast by Product, 2020-2027

    8.4.6.4 Market Estimates & Forecast by Application, 2020-2027

    8.4.7 India

    8.4.7.1 Market Estimates & Forecast, 2020-2027

    8.4.7.2 Market Estimates & Forecast by Material , 2020-2027

    8.4.7.3 Market Estimates & Forecast by Product, 2020-2027

    8.4.7.4 Market Estimates & Forecast by Application, 2020-2027

    8.4.8 Rest of Asia Pacific

    8.4.8.1 Market Estimates & Forecast, 2020-2027

    8.4.8.2 Market Estimates & Forecast by Material , 2020-2027

    8.4.8.3 Market Estimates & Forecast by Product, 2020-2027

    8.4.8.4 Market Estimates & Forecast by Application, 2020-2027

    8.5 Rest of the World

    8.5.1 Market Estimates & Forecast, 2020-2027

    8.5.2 Market Estimates & Forecast by Material , 2020-2027

    8.5.3 Market Estimates & Forecast by Product, 2020-2027

    8.5.4 Market Estimates & Forecast by Application, 2020-2027


    9 Competitive Landscape


    10 Company Profile

    10.1 Amcor Ltd.

    10.1.1 Company Overview

    10.1.2 Products/Services Offering

    10.1.3 Financial Overview

    10.1.4 Key Developments

    10.1.5 Strategy

    10.1.6 SWOT Analysis

    10.2 Mondi Group

    10.2.1 Company Overview

    10.2.2 Material s/Services Offering

    10.2.3 Financial Overview

    10.2.4 Key Developments

    10.2.5 Strategy

    10.2.6 SWOT Analysis

    10.3 Smurfit Kappa Group

    10.3.1 Company Overview

    10.3.2 Products /Services Offering

    10.3.3 Financial Overview

    10.3.4 Key Developments

    10.3.5 Strategy

    10.3.6 SWOT Analysis

    10.4 Bemis Company Inc

    10.4.1 Company Overview

    10.4.2 Products /Services Offering

    10.4.3 Financial Overview

    10.4.4 Key Developments

    10.4.5 Strategy

    10.4.6 SWOT Analysis

    10.5 Georgia-Pacific Corporation

    10.5.1 Company Overview

    10.5.2 Products /Services Offering

    10.5.3 Financial Overview

    10.5.4 Key Developments

    10.5.5 Strategy

    10.5.6 SWOT Analysis

    10.6 ITC Ltd

    10.6.1 Company Overview

    10.6.2 Products /Services Offering

    10.6.3 Financial Overview

    10.6.4 Key Developments

    10.6.5 Strategy

    10.6.6 SWOT Analysis

    10.7 Cascades Inc

    10.7.1 Company Overview

    10.7.2 Products /Services Offering

    10.7.3 Financial Overview

    10.7.4 Key Developments

    10.7.5 Strategy

    10.7.6 SWOT Analysis

    10.8 International Paper

    10.8.1 Company Overview

    10.8.2 Material s/Services Offering

    10.8.3 Financial Overview

    10.8.4 Key Developments

    10.8.5 Strategy

    10.8.6 SWOT Analysis

    10.9 Graphic Packaging International Inc

    10.9.1 Company Overview

    10.9.2 Products /Services Offering

    10.9.3 Financial Overview

    10.9.4 Key Developments

    10.9.5 Strategy

    10.9.6 SWOT Analysis

    10.10 DS Smith Plc.

    10.10.1 Company Overview

    10.10.2 Products /Services Offering

    10.10.3 Financial Overview

    10.10.4 Key Developments

    10.10.5 Strategy

    10.10.6 SWOT Analysis

    10.11 Crown Holdings, Inc

    10.11.1 Company Overview

    10.11.2 Products /Services Offering

    10.11.3 Financial Overview

    10.11.4 Key Developments

    10.11.5 Strategy

    10.11.6 SWOT Analysis

    10.12 Graphic Packaging International Inc.

    10.12.1 Company Overview

    10.12.2 Material s/Services Offering

    10.12.3 Financial Overview

    10.12.4 Key Developments

    10.12.5 Strategy

    10.12.6 SWOT Analysis

    10.13 AptarGroup Inc.

    10.13.1 Company Overview

    10.13.2 Products /Services Offering

    10.13.3 Financial Overview

    10.13.4 Key Developments

    10.13.5 Strategy

    10.13.6 SWOT Analysis

    10.14 Sonoco Products Company

    10.14.1 Company Overview

    10.14.2 Products /Services Offering

    10.14.3 Financial Overview

    10.14.4 Key Developments

    10.14.5 Strategy

    10.14.6 SWOT Analysis

    10.15 Nippon Paper Industries Co. Ltd.

    10.15.1 Company Overview

    10.15.2 Products /Services Offering

    10.15.3 Financial Overview

    10.15.4 Key Developments

    10.15.5 Strategy

    10.15.6 SWOT Analysis

    Table of Content

    Table 1 Global Service Packaging Market: By Region, 2020-2027

    Table 2 North America Service Packaging Market: By Country, 2020-2027

    Table 3 Europe Service Packaging Market: By Country, 2020-2027

    Table 4 Asia-Pacific Service Packaging Market: By Country, 2020-2027

    Table 5 RoW Service Packaging Market: By Country, 2020-2027

    Table 6 Global Service Packaging Market by Material , By Regions, 2020-2027

    Table 7 North America Service Packaging Market by Material , By Country, 2020-2027

    Table 8 Europe Service Packaging Market, by Material , By Country, 2020-2027

    Table 9 Asia-Pacific Service Packaging Market by Material , By Country, 2020-2027

    Table 10 RoW Service Packaging Market by Material , By Country, 2020-2027

    Table 11 Global Service Packaging by Product: By Regions, 2020-2027

    Table 12 North America Service Packaging Market by Product: By Country, 2020-2027

    Table 13 Europe Service Packaging Market by Product: By Country, 2020-2027

    Table 14 Asia Pacific Service Packaging Market by Product: By Country, 2020-2027

    Table 15 RoW Service Packaging Market by Product: By Country, 2020-2027

    Table 16 Global Service Packaging Market by Application, By Regions, 2020-2027

    Table 17 North America Service Packaging Market by Application, By Country, 2020-2027

    Table 18 Europe Service Packaging Market by Application, By Country, 2020-2027

    Table 19 Asia Pacific Service Packaging Market by Application, By Country, 2020-2027

    Table 20 RoW Service Packaging Market by Application, By Country, 2020-2027

    Table 21 Global Material Market: By Region, 2020-2027

    Table 22 Global Product Market: By Region, 2020-2027

    Table 23 Global Application Market: By Region, 2020-2027

    Table 24 North America Service Packaging Market By Country

    Table 25 North America Service Packaging Market By Material

    Table 26 North America Service Packaging Market By Product

    Table 27 North America Service Packaging Market By Application

    Table 28 Europe: Service Packaging Market By Country

    Table 29 Europe: Service Packaging Market By Material

    Table 30 Europe: Service Packaging Market By Product

    Table 31 Europe: Service Packaging Market By Application

    Table 32 Asia-Pacific: Service Packaging Market By Country

    Table 33 Asia-Pacific: Service Packaging Market By Material

    Table 34 Asia-Pacific: Service Packaging Market By Product

    Table 35 Asia-Pacific: Service Packaging Market By Application

    Table 36 RoW: Service Packaging Market By Region

    Table 37 RoW Service Packaging Market By Material

    Table 38 RoW Service Packaging Market By Product

    Table 39 RoW Service Packaging Market by Application






    List of Figure

    FIGURE 1 RESEARCH PROCESS OF MRFR

    FIGURE 2 TOP DOWN & BOTTOM UP APPROACH

    FIGURE 3 Market Dynamics

    FIGURE 4 impact analysis: market drivers

    FIGURE 5 impact analysis: market restraints

    FIGURE 6 porter’s five forces analysis

    FIGURE 7 Value chain analysis

    FIGURE 8 GLOBAL Service Packaging MARKET SHARE, BY Raw Material, 2020 (%)

    FIGURE 9 GLOBAL Service Packaging Market BY Material , 2020-2027 (USD MILLION)

    FIGURE 10 GLOBAL Service Packaging MARKET SHARE, BY Application, 2020 (%)

    FIGURE 11 GLOBAL Service Packaging Market BY Application, 2020-2027 (USD MILLION)

    FIGURE 12 GLOBAL Service Packaging MARKET SHARE (%), BY REGION, 2020

    FIGURE 13 GLOBAL Service Packaging Market BY REGION, 2020-2027 (USD MILLION)

    FIGURE 14 North America Service Packaging MARKET SHARE (%), 2020

    FIGURE 15 North America Service Packaging MARKET BY Country, 2020-2027 (USD MILLION)

    FIGURE 16 Europe Service Packaging MARKET SHARE (%), 2020

    FIGURE 17 Europe Service Packaging MARKET BY Country, 2020-2027 (USD MILLION)

    FIGURE 18 Asia-Pacific Service Packaging Market SHARE (%), 2020

    FIGURE 19 Asia-Pacific Service Packaging Market BY Country, 2020-2027 (USD MILLION)

    FIGURE 20 Rest of the World Service Packaging MARKET SHARE (%), 2020

    FIGURE 21 Rest of the World Service Packaging MARKET BY Country, 2020-2027 (USD MILLION)