Home > Packaging > Consumer Goods Packaging > Personal Care Packaging > Retail Ready Packaging Market

Retail Ready Packaging Market Share

Report ID: GMI363
Published Date: Jan 2022
Report Format: PDF

Download Free Sample

Retail Ready Packaging Market Share

In October 2018, Smurfit Kappa acquired Belgrade Paper Factory, one of the oldest paper-mills in Serbia and Avala Ada, a shipping & commercial packaging products manufacturer in Europe. This move is in line with the company’s strategy to expand its footprint in the Southeast European region.

The major players in the retail ready packaging industry include

Refresco Group
SIG Combibloc GmbH
Weedon PSC Ltd.
BillerudKorsnäs AB
WestRock Company
Georgia-Pacific LLC
International Paper Company
Smurfit Kappa Group
Amcor
Clearwater Paper Corporation
Linpac
Packaging Corporation of America
DS Smith
Huhtamaki Group

Authors: Suraj Gujar, Sunita Singh

Frequently Asked Questions (FAQ) :

The global retail ready packaging industry size is slated to surpass USD 85 billion by 2028 and will record a 4.8% CAGR from 2022 to 2028 owing to the fast-growing food & beverage sector across the world.

Retail ready packaging or shelf packaging can be described as a type of secondary packaging that helps in the optimization of stock to offer advantages like easy handling, and efficient replenishment.

Demand for paperboard retail product packaging is likely to amass 35 million tons, in terms of volume by 2028 driven by the surging need for sustainable packaging across the globe.

The retail ready packaging industry share from food applications will surpass USD 35 billion through 2028 due to the thriving requirement for processed food across the developing regions.

Asia Pacific is expected to capture close to 40% of the retail ready packaging industry share by 2028, mainly impelled by the expanding retail sector in India and China coupled with the rising investments in the food, beverages, cosmetics, and pharmaceuticals sectors.