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US is Leading the Containers and Packaging Industry with Market Revenues of $250.55 billion

Containers & Packaging Global Industry Report

Containers & Packaging Global Industry Report

Market Research Reports Inc.

Market Research Reports Inc.

Global Containers & Packaging industry profile provides top-line qualitative and quantitative summary information including market size forecast to 2022

The global containers and packaging market had total revenues of $1,463,265.3m in 2017, representing a compound annual growth rate (CAGR) of 4.1% between 2013 and 2017.”
— MRR
LEWES, DELAWARE, DELAWARE, UNITED STATES, September 10, 2018 /EINPresswire.com/ -- Global Containers and Packaging market has experienced steady growth over the last five years as slowing growth in European markets is offset by positive trends in terms of consumerism in the Asia-Pacific region. This will continue over the forecast period. The global market is driven by growing countries within the Asia-Pacific region, which makes up 44.1%, followed by the European market, which makes up 22.1%.

Flexible and rigid plastic are the most valuable segments in this market due to the increased demand for low cost, durable, lightweight and readily available materials. However, as the economies in emerging countries improve, an increase in consumerism will encourage growth in this market; however, significant growth will be capped by measures by the EU and other countries to cut down on excessive packaging and virgin materials to reduce waste.

The containers and packaging market consist of packaging made of paper and card, plastic, metal and glass. It does not include packaging that is used only for transportation purposes such as wooden crates, pallets, steel drums etc. The market is valued in report at manufacturers' selling prices (MSP), while market volumes represent off-trade retail consumption, meaning that on-trade channels such as hotels, restaurants and catering, as well as quick-service restaurants such as cafés and bars, are excluded. B2B sales and exports are also excluded.

Market consumption volume increased with a CAGR of 2.2% between 2013 and 2017, to reach a total of 1,242.8 million metric tonnes in 2017.

The G8 countries contributed $570,983.4 million in 2017 to the global containers & packaging industry, with a compound annual growth rate (CAGR) of 4.5% between 2013 and 2017. The G8 countries are expected to reach a value of $680,161.9 million in 2022, with a CAGR of 3.6% over the 2017-22 period.

Among the G8 nations, the US is the leading country in the containers & packaging industry, with market revenues of $250,558.3 million in 2017. This was followed by Japan and Germany, with a value of $126,790.9 and $51,824.5 million, respectively.

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The US is expected to lead the containers & packaging industry in the G8 nations with a value of $305,915.1 million in 2016, followed by Japan and Germany with expected values of $164,630.6 and $54,697.0 million, respectively.

Why Purchase these reports:

• The report provides Five Forces analysis to determine the competitive intensity and therefore attractiveness of the containers & packaging market. Leading company profiles reveal details of key containers & packaging market players’ operations and financial performance.
• Add weight to presentations and pitches by understanding the future growth prospects of containers & packaging market with five-year forecasts by both value and volume.

This market forecast report is available immediately for order at: https://www.marketresearchreports.com/marketline/containers-packaging-global-industry-guide-2013-2022

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