Packaging – Pan Market Consulting

Packaging

The global anti-counterfeit packaging market accounted for a value of USD 97.2 billion in 2019. Anti-counterfeit packaging market projected to register growth at a CAGR of 11.5% during forecast period.
COVID-19 has impacted several businesses over the globe. The anti-counterfeit packaging market has been impacted with the spread of corona virus around the world. The frauds are increasing in the name of pandemic people are selling counterfeit medicines as virus vaccine and immunity booster in a very high prices to the people. To reduce such frauds people are adopting anti-counterfeit packaging which boosts market growth during forecast period.

USD 3750

The global flexible plastic packaging market accounted for a value of USD 152.2 billion in 2019. Flexible plastic packaging market projected to register growth at a CAGR of 4.1% during forecast period.
COVID-19 has impacted all the businesses over the globe. The flexible plastic packaging market is estimated to foresee moderate decrease in growth during 2020-2021. The packaging industry is estimated to witness decline in manufacturing as the facilities were shut down due to lockdown. However, the demand for flexible plastic packaging is increasing in pharmaceuticals, food and beverages industries.

USD 3750

The global industrial packaging market accounted for a value of 57.7 billion in 2019. Industrial Packaging market projected to register growth at a CAGR of 3.5% during forecast period.
COVID-19 has impacted all the businesses over the globe. The industrial packaging market will witness moderate decline due to outbreak of corona virus in the year 2020-2021. There is a decline in various end-user industries such as agriculture, construction and chemicals industries due to which there is a decline in demand of industrial packaging market. The market for industrial packaging market will witness significant growth for pharmaceutical and food & beverage industry during COVID-19.

USD 3750

The global nonwoven fabrics market is accounted for a value of USD 41.1 billion in 2019. Nonwoven fabrics market projected to register growth at a CAGR of 5.5% during forecast period.
COVID-19 has impacted all the businesses over globe. The nonwoven fabrics segment has been impacted n a positive way. This market has seen significant growth due to COVID-19 as they are expanding production of healthcare essentials. The corona virus is spreading around world rapidly which increases demand for healthcare workers and healthcare disposable supplies including nonwoven fabrics. This boost the growth of this market due to COVID-19

USD 3750

The global packaging market accounted for a value of USD 212.0 billion in 2019. Packaging market is projected to register growth at a CAGR of 5.5% during forecast period.
COVID-19 has impacted all the businesses over the globe. The packaging market is estimated to foresee moderate decrease in growth during 2020-2021. The packaging industry is estimated to witness decline in manufacturing as the facilities were shut down due to lockdown. However, the demand for packaging is increasing in pharmaceuticals, food and beverages industries due to rise in demands during lockdown due to corona virus outbreak.

USD 3750

The global packaging printing market accounted for a value of USD 331.9 billion in 2019. Packaging printing market is projected to register growth at a CAGR of 3.9 % during forecast period.
COVID-19 has impacted various businesses over the globe. The packaging printing market has been impacted by spread of corona virus as the demand from various end-users industry is declined. The decline in growth of this market will not be significant. The market will foresee growth from 2021.

USD 3750

The global plastic caps and closures market accounted for a value of USD 39.4 billion in 2019. Plastic caps and closers market projected to register growth at a CAGR of 4.3% during forecast period.
COVID-19 has impacted all the businesses over the globe. The plastic caps and closures market has seen decline in growth rate due to corona virus. Plastic caps and closures are majorly used in home care & personal, chemical and automotive. All this end-users industries has seen significant decline in demand which reduces demand for plastic caps and closures market. The demand will increase in industries such as pharmaceutical and food & beverage industry for maintaining hygienic and safety during COVID-19.

USD 3750

The global plastic waste management market accounted for a value of USD 31.1 billion in 2019. Plastic waste management market projected to register growth at a CAGR of 3.3% during forecast period.
COVID-19 has impacted all the businesses over the globe. The plastic waste management market is impacted due to corona virus. The demand for waste management has declined as the waste generated during lowdown is not significant thus, reduces demand for waste management. The market will witness significant boost from 2021.

USD 3750

The global sterile medical packaging market accounted for a value of USD 32.3 billion in 2019. global sterile medical packaging market projected to register growth at a CAGR of 4.7% during forecast period.
COVID-19 has impacted all the businesses over the globe. Sterile medical packaging market has been impacted by this global pandemic. The outbreak of corona virus has lead to rise in demands of hygienic and improved medical devices to control spread of disease and to prevent contamination among patients. The demand for masks, medical devices, syringes and medical supplies etc. are increasing immensely due to COVID-19 and this result in rise in requirement of their packaging. The demand for sterile medical package is increasing and market will witness growth due to COVID-19.

USD 3750

The global sustainable plastic packaging market accounted for a value of USD 82.3 billion in 2019. Sustainable plastic packaging market projected to register growth at a CAGR of 5.1% during forecast period.
COVID-19 has impacted all the businesses over the globe. The supply chain has been disrupted due to travel restriction. The plants were shut due to lockdown. The demand for sustainable packaging has declined due to decline in growth of various end-user industries. The market will foresee growth from 2021.

USD 3750