Between 2017 and 2022, a general growth in the global demand for packaging was forecasted, according to a study released by McKinsey. Flexible packaging solutions, in particular, were expected to grow the most (from 200 to 240 billions U.S. dollars), followed by rigid plastic packages, whose demand was expected to reach 183 billions U.S. dollars. In general, the global demand for board packaging solutions was the most significant in 2017 and amounted to 304 billions U.S. dollars.
Value of global demand for packaging solutions in 2017 with a forecast for 2022, by material
(in billion U.S. dollars)
Characteristic
2017
2022
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McKinsey & Company. (May 31, 2019). Value of global demand for packaging solutions in 2017 with a forecast for 2022, by material (in billion U.S. dollars) [Graph]. In Statista. Retrieved July 04, 2024, from https://www.statista.com/statistics/1071216/value-of-global-packaging-demand/
McKinsey & Company. "Value of global demand for packaging solutions in 2017 with a forecast for 2022, by material (in billion U.S. dollars)." Chart. May 31, 2019. Statista. Accessed July 04, 2024. https://www.statista.com/statistics/1071216/value-of-global-packaging-demand/
McKinsey & Company. (2019). Value of global demand for packaging solutions in 2017 with a forecast for 2022, by material (in billion U.S. dollars). Statista. Statista Inc.. Accessed: July 04, 2024. https://www.statista.com/statistics/1071216/value-of-global-packaging-demand/
McKinsey & Company. "Value of Global Demand for Packaging Solutions in 2017 with a Forecast for 2022, by Material (in Billion U.S. Dollars)." Statista, Statista Inc., 31 May 2019, https://www.statista.com/statistics/1071216/value-of-global-packaging-demand/
McKinsey & Company, Value of global demand for packaging solutions in 2017 with a forecast for 2022, by material (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1071216/value-of-global-packaging-demand/ (last visited July 04, 2024)
Value of global demand for packaging solutions in 2017 with a forecast for 2022, by material (in billion U.S. dollars) [Graph], McKinsey & Company, May 31, 2019. [Online]. Available: https://www.statista.com/statistics/1071216/value-of-global-packaging-demand/