Dublin, April 02, 2024 (GLOBE NEWSWIRE) -- The "Product Packaging Design Market Report: Trends, Forecast and Competitive Analysis to 2030" report has been added to ResearchAndMarkets.com's offering.
The future of the global product packaging design market looks promising with opportunities in the wholesale markets, retail stores, online retailers, and specialty stores markets. The global product packaging design market is expected to reach an estimated $254.4 billion by 2030 with a CAGR of 3.8% from 2024 to 2030.
The major drivers for this market are rising consumer expenditure on food and beverages, cosmetics, liquor, and tobacco products and global adoption of ecommerce platforms for online shopping.
Food & beverage is expected to witness the highest growth over the forecast period due to the diverse packaging needs and massive consumer base. Within this market, wholesale markets are expected to witness the highest growth due to its large volume of product packaging needs. North America is expected to witness highest growth over the forecast period due to its expanding middle class and increasing demand for consumer goods.
Product Packaging Design by Segment
The study includes a forecast for the global product packaging design by type, material, design, application, and region.
Product Packaging Design Market by Type:
- Food & Beverage
- Cosmetics
- Pharma
- Liquor & Tobacco
- Household
Product Packaging Design Market by Material:
- Plastic
- Glass
- Metal
- Paper & Paperboard
Product Packaging Design Market by Design:
- Label Design
- Structural Design
- Graphic Design
Product Packaging Design Market by Application:
- Wholesale Markets
- Retail Stores
- Online Retailers
- Specialty Stores
- Others
Product Packaging Design Market by Region:
- North America
- Europe
- Asia Pacific
- The Rest of the World
Product Packaging Design Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies product packaging design companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base.
Some of the product packaging design companies profiled in this report include:
- Ruckus Marketing
- Arhue
- Mucca
- La Visual
- DEI Creative
- Murmur Creative
- Tank
- Turner Duckworth
- Spindletop Design
- Pulp+Wir
Key Report Features:
- Market Size Estimates: Product packaging design market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Product packaging design market size by various segments, such as by type, material, design, application, and region in terms of value ($B).
- Regional Analysis: Product packaging design market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different type, material, design, application, and regions for the product packaging design market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the product packaging design market.
- Analysis of competitive intensity of the industry based on Porter's Five Forces model.
This report answers the following key questions:
- What are some of the most promising, high-growth opportunities for the product packaging design market by type (food & beverage, cosmetics, pharma, liquor & tobacco, and household), material (plastic, glass, metal, and paper & paperboard), design (label design, structural design, and graphic design), application (wholesale markets, retail stores, online retailers, specialty stores, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
- Which segments will grow at a faster pace and why?
- Which region will grow at a faster pace and why?
- What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
- What are the business risks and competitive threats in this market?
- What are the emerging trends in this market and the reasons behind them?
- What are some of the changing demands of customers in the market?
- What are the new developments in the market? Which companies are leading these developments?
- Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
- What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
- What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For more information about this report visit https://www.researchandmarkets.com/r/be7n56
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