Rising Demand for Sustainable Bespoke Packaging Drives Market to Reach US$ 21.2 Billion by 2029

FMI

The demand for specialised and environmentally friendly packaging solutions from a number of industries, including food and beverage, healthcare, personal care, and e-commerce, is propelling the expansion of the global bespoke packaging market.

The market for custom packaging is expected to reach US$ 21.2 Billion by 2029, growing at a 6.1% CAGR between 2022 and 2029, from an estimated US$ 14 Billion in 2022.

Using sustainable materials to lessen the environmental impact of packaging, such as paper, bioplastics, and recycled materials, is one of the major developments in the bespoke packaging industry. To appeal to customers who are growing more environmentally concerned, several firms are introducing eco-friendly features like compostable and biodegradable packaging.

Request Sample @ https://www.futuremarketinsights.com/reports/sample/rep-gb-4833

Another trend is the rise in custom packaging made using digital printing and customisation methods like 3D printing and laser engraving. These strategies enable companies to stand out on store shelves and provide consumers with an unboxing experience that is more enjoyable and memorable.

The food and beverages industry is one of the major end-users of bespoke packaging, as it requires packaging that can protect the product and maintain its freshness, while also being visually appealing and easy to use. The healthcare and personal care industries also rely on bespoke packaging to convey the quality and safety of their products.

The e-commerce sector is also a significant contributor to the growth of the bespoke packaging market, as it requires packaging that can withstand the rigors of shipping and handling, while also providing an attractive unboxing experience for customers. Many e-commerce retailers are turning to bespoke packaging to differentiate themselves from their competitors and build brand loyalty.

Competitive Landscape

Major players across global bespoke packaging market are focusing upon offering explicitly designed packaging solutions to various end user industries by collaborating with industry leaders:-

In March 2021, WestRock designed an innovative paperboard multipack for Heinz UK to remove single-use plastic from supermarket shelves.

In September 2020, DS Smith Plc partnered with Solarenn Cooperative to develop a customized packaging made up of 100% cardboard with maximum flexibility and visibility of the product.

Request Customization @ https://www.futuremarketinsights.com/customization-available/rep-gb-4833

Key Players:

  • WestRock Company
  • DS Smith Plc
  • Burt Rigid Box Inc.
  • Diamond Packaging Corporation
  • Gatto Astucci Spa
  • GPA Luxury
  • GWP Group Ltd.

Get 20% Discount @ https://www.futuremarketinsights.com/request-discount/rep-gb-4833

Global Bespoke Packaging Market by Category

By Product Type:

  • Mailers & Envelopes
  • Boxes & Cartons
  • Bags & Totes
  • Pouches
  • Bottles
  • Others

By Material Type:

  • Paper & Paperboard
  • Plastic
  • Glass
  • Metal
  • Fabric
  • Leather
  • Wood

By End-use Industry:

  • Fashion Accessories & Apparels
  • Food
  • Beverages
  • Consumer Goods & Durables
  • Personal Care & Cosmetics
  • Others

About Us:

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years

Contact Us:

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
LinkedInTwitterBlogs | YouTube
For Sales Enquiries: sales@futuremarketinsights.com

About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may also like these