On-the-go Packaging Market by Type (Paperboard, Flexible, Glass, Film& Wraps, and Metal), Application (Pharmaceuticals, Healthcare, and Hygiene Products, Food & Beverage, and Others), Material (Paper, Plastic, Aluminum, and Others), and Region - Industry Analysis & Forecast 2033
Base Year: 2022
Historical Data: 2018-2021
Market Highlights
The global on-the-go-packaging market is expected to grow from USD 1.99 billion in 2023 to USD 3.53 billion by 2033 at a CAGR of 5.92%.
On-the-go Packaging Market CAGR
2023-2033
CAGR OF
5.92%
On-the-go Packaging Market
The market is expected to witness significant growth during the forecast period. Significant transformation in consumer lifestyle and the availability of a variety of products in the wide range is rising the demand for on-the-go packaging in the market. Furthermore, consumers willingly spending on portable food products in the busy schedules is also a factor that can generate big opportunities for the manufacturers and boost the overall market, globally.
This market research report provides in-depth information on trends, dynamics, competitive landscape, revenue opportunities, and recent developments in the overall market. The historic years considered for the study are 2018-2021, the base year is 2022, the estimated year is 2023, and the forecast period is 2023-2033.
On-the-go Packaging Market: Market Dynamics
Global on-the-go packaging is the packaging solution based on the factors offering convenient features such as easy opening, re-closability, portability, and single-hand use. The rise in disposable income and spending capability, increasing population in developing countries is fueling the overall market.
Moreover, the demand for convenient packaging, increasing demand for packaged food and beverages, increased demand from the organized retail sector are the driving factors propelling the overall market.
in addition, to reduce the high risk of contamination of packaged food emerging economies are developing new substantial packaging options.
However, an increase in the cost of raw material, and the possibility of contamination of processed food due to the utilization of on the go packaging may hinder the market to some extent.
On-the-go Packaging Market: Segmental Analysis
On-the-go Packaging Market
by Type
Paperboard
Flexible
Glass
Film & Wraps
The Market will Grow
At the CAGR of:
5.92%
The Forecast Market
Size for 2033 in USD:
$3.53B
The global on-the-go packaging market is classified by type, material, application, and region.
Based on type, the global on-the-go market is segmented into paper board packaging, flexible, packaging, glass packaging, film & wraps, metal packaging. The flexible packaging segment held the largest market share in 2023 which is anticipated to witness the highest CAGR during the forecast period owing to the prevalence in demand for sustainable packaging in the food service packaging industry.
On-the-go Packaging Market
by Material
Paper
Healthcare and Hygiene Products
Food & Beverage
Others
1.99
Total Market Size
USD (Billion), 2023
5.92%
CAGR
2023 - 2033
Based on materials, the global on-the-go market is segmented into paper, plastic, aluminum, and others. The high-density plastic and aluminum segments are expected to register high CAGR during the forecast period.
Based on the application, the global on-the-go market is segmented into pharmaceuticals, healthcare & hygiene products, food & beverage, and others.
On-the-go Packaging Market: Regional Analysis
On-the-go Packaging Market
by Region
The Market will Grow
At the CAGR of:
5.92%
The Forecast Market
Size for 2033 in USD:
$3.53B
Geographically, the market is classified into North America, Europe, Asia-Pacific, South America, and the Middle East & Africa. The Asia-Pacific accounted for the largest market share in 2023, which is anticipated to witness highest CAGR during the forecast period owing to the burgeoning population, increase disposable income and prevalence in ready to eat packaged foods in the region.
On-the-go Packaging Market: Competition Scenario
Key players operating in the global on-the-go packaging market are Amcor Limited, Sonoco Products company, Mondi Strategy, Smurfit Kappa Group PLC, Constantia flexible Group Gmb, Sealed Air Corporation, berry plastic group, Inc, and westrock, Sigma plastics Group.
Critical Questions Answered in the Report
• What are the key trends in the market?
• How the market (and its various subsegments) has grown in the last four years and what would be the growth rate in the next five years?
• What are the key strategies adopted by the major vendors to lead in the market?
• What is the market share of the top players?
Research Methodology
The research study extensively uses both secondary and primary research methodologies. More than 200 industry leaders from various phases of the value chain (demand side, supply side, resellers/distributors, and other independent consultants) were interviewed to gain crucial insights about this market and validate the research findings. Secondary sources referred for the research study include company websites, annual reports, paid database tools, investor presentations, webinars, blogs, news/journals, whitepapers, survey papers, associations, and government websites. All the collected data and insights were then processed using our proprietary data mining software that executes various algorithms to make projections for the forecast period.
On-the-go Packaging Market Scope:
| Report Data | On-the-go Packaging Market |
| On-the-go Packaging Market Forecast Value 2033 | 3.53Billion |
| On-the-go Packaging Market CAGR 2023 - 2033 | 5.92% |
| On-the-go Packaging Market Forecast Period | 2023 - 2033 |
| On-the-go Packaging Market Base Year | 2022 |
| Regional Scope | North America, Europe, Asia Pacific, South America, and Middle East & Africa |
| Key Companies Profiled | Amcor Limited, Sonoco Products company, Mondi Strategy, Smurfit Kappa Group PLC, Constantia flexible Group Gmb, Sealed Air Corporation, berry plastic group, Inc, and westrock, Sigma plastics Group. |
| Key Segments | By Type By Application By Material By Region |
| Report Coverage | Market Sizing, Market Forecasting, Market Dynamics, Market Trends, Market Development Analysis, Market Share Analysis, Regional Analysis, Competitive Positioning, Competitive Benchmarking, Competitive Landscape, Company Profiling, Regulation Analysis, etc. |
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