Service Packaging Market Research Report - Forecast to 2023

Service Packaging Market Research Report - Forecast to 2023

ID: MRFR/PNT/1145-HCRR | June, 2018 | Region: Global | 119 pages | Half-Cooked Research Reports

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 2023


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.

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, 2017-2023

5.2.2 Market Estimates & Forecast by Region, 2017-2023

5.3 Plastic

5.3.1 Market Estimates & Forecast, 2017-2023

5.3.2 Market Estimates & Forecast by Region, 2017-2023

5.4 Others

5.4.1 Market Estimates & Forecast, 2017-2023

5.4.2 Market Estimates & Forecast by Region, 2017-2023



6 Global Service Packaging Market, By Product

6.1 Introduction

6.2 Boxes

6.2.1 Market Estimates & Forecast, 2017-2023

6.2.2 Market Estimates & Forecast by Region, 2017-2023

6.3 Bags

6.3.1 Market Estimates & Forecast, 2017-2023

6.3.2 Market Estimates & Forecast by Region, 2017-2023

6.4 Pouches

6.4.1 Market Estimates & Forecast, 2017-2023

6.4.2 Market Estimates & Forecast by Region, 2017-2023

6.5 Others

6.5.1 Market Estimates & Forecast, 2017-2023

6.5.2 Market Estimates & Forecast by Region, 2017-2023



7 Global Service Packaging Market, By Application

7.1 Introduction

7.2 Consumer goods

7.2.1 Market Estimates & Forecast, 2017-2023

7.2.2 Market Estimates & Forecast by Region, 2017-2023

7.3 Food & Beverages

7.3.1 Market Estimates & Forecast, 2017-2023

7.3.2 Market Estimates & Forecast by Region, 2017-2023

7.4 Pharmaceuticals

7.4.1 Market Estimates & Forecast, 2017-2023

7.4.2 Market Estimates & Forecast by Region, 2017-2023

7.5 Others

7.5.1 Market Estimates & Forecast, 2017-2023

7.5.2 Market Estimates & Forecast by Region, 2017-2023



8 Global Service Packaging Market, By Region

8.1 Introduction

8.2 North America

8.2.1 Market Estimates & Forecast, 2017-2023

8.2.2 Market Estimates & Forecast by Material , 2017-2023

8.2.3 Market Estimates & Forecast by Product, 2017-2023

8.2.4 Market Estimates & Forecast by Application, 2017-2023

8.2.5 The U.S

8.2.5.1 Market Estimates & Forecast, 2017-2023

8.2.5.2 Market Estimates & Forecast by Material , 2017-2023

8.2.5.3 Market Estimates & Forecast by Product, 2017-2023

8.2.5.4 Market Estimates & Forecast by Application, 2017-2023

8.2.6 Canada

8.2.6.1 Market Estimates & Forecast, 2017-2023

8.2.6.2 Market Estimates & Forecast by Material , 2017-2023

8.2.6.3 Market Estimates & Forecast by Product, 2017-2023

8.2.6.4 Market Estimates & Forecast by Application, 2017-2023

8.3 Europe

8.3.1 Market Estimates & Forecast, 2017-2023

8.3.2 Market Estimates & Forecast by Material , 2017-2023

8.3.3 Market Estimates & Forecast by Product, 2017-2023

8.3.4 Market Estimates & Forecast by Application, 2017-2023

8.3.5 U.K

8.3.5.1 Market Estimates & Forecast, 2017-2023

8.3.5.2 Market Estimates & Forecast by Material , 2017-2023

8.3.5.3 Market Estimates & Forecast by Product, 2017-2023

8.3.5.4 Market Estimates & Forecast by Application, 2017-2023

8.3.6 Germany

8.3.6.1 Market Estimates & Forecast, 2017-2023

8.3.6.2 Market Estimates & Forecast by Material , 2017-2023

8.3.6.3 Market Estimates & Forecast by Product, 2017-2023

8.3.6.4 Market Estimates & Forecast by Application, 2017-2023

8.3.7 France

8.3.7.1 Market Estimates & Forecast, 2017-2023

8.3.7.2 Market Estimates & Forecast by Material , 2017-2023

8.3.7.3 Market Estimates & Forecast by Product, 2017-2023

8.3.7.4 Market Estimates & Forecast by Application, 2017-2023

8.3.8 Italy

8.3.8.1 Market Estimates & Forecast, 2017-2023

8.3.8.2 Market Estimates & Forecast by Material , 2017-2023

8.3.8.3 Market Estimates & Forecast by Product, 2017-2023

8.3.8.4 Market Estimates & Forecast by Application, 2017-2023

8.3.9 Rest of Europe

8.3.9.1 Market Estimates & Forecast, 2017-2023

8.3.9.2 Market Estimates & Forecast by Material , 2017-2023

8.3.9.3 Market Estimates & Forecast by Product, 2017-2023

8.3.9.4 Market Estimates & Forecast by Application, 2017-2023

8.4 Asia Pacific

8.4.1 Market Estimates & Forecast, 2017-2023

8.4.2 Market Estimates & Forecast by Material , 2017-2023

8.4.3 Market Estimates & Forecast by Product, 2017-2023

8.4.4 Market Estimates & Forecast by Application, 2017-2023

8.4.5 China

8.4.5.1 Market Estimates & Forecast, 2017-2023

8.4.5.2 Market Estimates & Forecast by Material , 2017-2023

8.4.5.3 Market Estimates & Forecast by Product, 2017-2023

8.4.5.4 Market Estimates & Forecast by Application, 2017-2023

8.4.6 Japan

8.4.6.1 Market Estimates & Forecast, 2017-2023

8.4.6.2 Market Estimates & Forecast by Material , 2017-2023

8.4.6.3 Market Estimates & Forecast by Product, 2017-2023

8.4.6.4 Market Estimates & Forecast by Application, 2017-2023

8.4.7 India

8.4.7.1 Market Estimates & Forecast, 2017-2023

8.4.7.2 Market Estimates & Forecast by Material , 2017-2023

8.4.7.3 Market Estimates & Forecast by Product, 2017-2023

8.4.7.4 Market Estimates & Forecast by Application, 2017-2023

8.4.8 Rest of Asia Pacific

8.4.8.1 Market Estimates & Forecast, 2017-2023

8.4.8.2 Market Estimates & Forecast by Material , 2017-2023

8.4.8.3 Market Estimates & Forecast by Product, 2017-2023

8.4.8.4 Market Estimates & Forecast by Application, 2017-2023

8.5 Rest of the World

8.5.1 Market Estimates & Forecast, 2017-2023

8.5.2 Market Estimates & Forecast by Material , 2017-2023

8.5.3 Market Estimates & Forecast by Product, 2017-2023

8.5.4 Market Estimates & Forecast by Application, 2017-2023



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, 2017-2023

Table 2 North America Service Packaging Market: By Country, 2017-2023

Table 3 Europe Service Packaging Market: By Country, 2017-2023

Table 4 Asia-Pacific Service Packaging Market: By Country, 2017-2023

Table 5 RoW Service Packaging Market: By Country, 2017-2023

Table 6 Global Service Packaging Market by Material , By Regions, 2017-2023

Table 7 North America Service Packaging Market by Material , By Country, 2017-2023

Table 8 Europe Service Packaging Market, by Material , By Country, 2017-2023

Table 9 Asia-Pacific Service Packaging Market by Material , By Country, 2017-2023

Table 10 RoW Service Packaging Market by Material , By Country, 2017-2023

Table 11 Global Service Packaging by Product: By Regions, 2017-2023

Table 12 North America Service Packaging Market by Product: By Country, 2017-2023

Table 13 Europe Service Packaging Market by Product: By Country, 2017-2023

Table 14 Asia Pacific Service Packaging Market by Product: By Country, 2017-2023

Table 15 RoW Service Packaging Market by Product: By Country, 2017-2023

Table 16 Global Service Packaging Market by Application, By Regions, 2017-2023

Table 17 North America Service Packaging Market by Application, By Country, 2017-2023

Table 18 Europe Service Packaging Market by Application, By Country, 2017-2023

Table 19 Asia Pacific Service Packaging Market by Application, By Country, 2017-2023

Table 20 RoW Service Packaging Market by Application, By Country, 2017-2023

Table 21 Global Material Market: By Region, 2017-2023

Table 22 Global Product Market: By Region, 2017-2023

Table 23 Global Application Market: By Region, 2017-2023

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, 2016 (%)

FIGURE 9 GLOBAL Service Packaging Market BY Material , 2015-2023 (USD MILLION)

FIGURE 10 GLOBAL Service Packaging MARKET SHARE, BY Application, 2016 (%)

FIGURE 11 GLOBAL Service Packaging Market BY Application, 2015-2023 (USD MILLION)

FIGURE 12 GLOBAL Service Packaging MARKET SHARE (%), BY REGION, 2016

FIGURE 13 GLOBAL Service Packaging Market BY REGION, 2015-2023 (USD MILLION)

FIGURE 14 North America Service Packaging MARKET SHARE (%), 2016

FIGURE 15 North America Service Packaging MARKET BY Country, 2015-2023 (USD MILLION)

FIGURE 16 Europe Service Packaging MARKET SHARE (%), 2016

FIGURE 17 Europe Service Packaging MARKET BY Country, 2015-2023 (USD MILLION)

FIGURE 18 Asia-Pacific Service Packaging Market SHARE (%), 2016

FIGURE 19 Asia-Pacific Service Packaging Market BY Country, 2015-2023 (USD MILLION)

FIGURE 20 Rest of the World Service Packaging MARKET SHARE (%), 2016

FIGURE 21 Rest of the World Service Packaging MARKET BY Country, 2015-2023 (USD MILLION)