The total market value of packaging materials worldwide was nearly 896 billion U.S. dollars in 2022. It is forecast that the global market value will increase considerably, reaching roughly 1,153 billion U.S. dollars by 2030 across all regions. Paper and board material are expected to generate the largest share of the market, with a contribution of roughly 284 billion U.S. dollars in 2022 and an estimated 341 billion U.S. dollars in 2030.
Additional information on the packaging materials market can be found here.
Market value of packaging material worldwide from 2020 to 2022, with a forecast to 2030, by material type
(in billion U.S. dollars)
Characteristic
Paper & Board
Flexible Plastic
Rigid Plastic
Glass
Metal
Other
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Extrapolate. (November 2, 2023). Market value of packaging material worldwide from 2020 to 2022, with a forecast to 2030, by material type (in billion U.S. dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1422391/global-packaging-material-type-market-value/
Extrapolate. "Market value of packaging material worldwide from 2020 to 2022, with a forecast to 2030, by material type (in billion U.S. dollars)." Chart. November 2, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1422391/global-packaging-material-type-market-value/
Extrapolate. (2023). Market value of packaging material worldwide from 2020 to 2022, with a forecast to 2030, by material type (in billion U.S. dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1422391/global-packaging-material-type-market-value/
Extrapolate. "Market Value of Packaging Material Worldwide from 2020 to 2022, with a Forecast to 2030, by Material Type (in Billion U.S. Dollars)." Statista, Statista Inc., 2 Nov 2023, https://www.statista.com/statistics/1422391/global-packaging-material-type-market-value/
Extrapolate, Market value of packaging material worldwide from 2020 to 2022, with a forecast to 2030, by material type (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1422391/global-packaging-material-type-market-value/ (last visited July 22, 2024)
Market value of packaging material worldwide from 2020 to 2022, with a forecast to 2030, by material type (in billion U.S. dollars) [Graph], Extrapolate, November 2, 2023. [Online]. Available: https://www.statista.com/statistics/1422391/global-packaging-material-type-market-value/