In 2020 the global packaging materials market volume was distributed across various material types. Fiber, which includes materials such as paper and cardboard, dominated the market by representing a 33 percent share of the total global packaging materials market volume. Following fiber, flexible plastic held the second-largest share of the market volume at 26 percent. Flexible plastic packaging is popular due to its versatility, lightweight nature, and cost-effectiveness. It is extensively used in food packaging, as it can easily be molded into various shapes and sizes.
Distribution of packaging materials market volume worldwide in 2020, by material type
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MP Corporate Finance. (May 17, 2023). Distribution of packaging materials market volume worldwide in 2020, by material type [Graph]. In Statista. Retrieved November 03, 2024, from https://www.statista.com/statistics/1428026/global-packaging-materials-type-market-volume-share/
MP Corporate Finance. "Distribution of packaging materials market volume worldwide in 2020, by material type." Chart. May 17, 2023. Statista. Accessed November 03, 2024. https://www.statista.com/statistics/1428026/global-packaging-materials-type-market-volume-share/
MP Corporate Finance. (2023). Distribution of packaging materials market volume worldwide in 2020, by material type. Statista. Statista Inc.. Accessed: November 03, 2024. https://www.statista.com/statistics/1428026/global-packaging-materials-type-market-volume-share/
MP Corporate Finance. "Distribution of Packaging Materials Market Volume Worldwide in 2020, by Material Type." Statista, Statista Inc., 17 May 2023, https://www.statista.com/statistics/1428026/global-packaging-materials-type-market-volume-share/
MP Corporate Finance, Distribution of packaging materials market volume worldwide in 2020, by material type Statista, https://www.statista.com/statistics/1428026/global-packaging-materials-type-market-volume-share/ (last visited November 03, 2024)
Distribution of packaging materials market volume worldwide in 2020, by material type [Graph], MP Corporate Finance, May 17, 2023. [Online]. Available: https://www.statista.com/statistics/1428026/global-packaging-materials-type-market-volume-share/
