One of the most important packaging features. Packaged products can require mechanical shocks, friction, stress, temperature, electrical discharge, fogging, etc. protection. The packaging must provide sufficient protection against different chemical agents, such as oxygen or water vapour. Diverse types of desiccants are used for this purpose. High-quality packaging which can be reused and recycled several times is an immense environmental advantage. The containment and logistics consists of preparing assortment sets, particularly delivery pieces, which facilitate their transportation and storage. It also requires the optimisation of the load power of various means of transport. The packaging may contain information about the use of a product, how it is transported, how the packaging or product contained therein is recycled and used. Marketing means using the packaging and branding to persuade potential buyers to purchase a product.
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Market Analysis: Commencing in 2025, the global packaging market is set for significant expansion, with forecasts pointing towards a valuation of USD 1,452.86 billion by 2032. A Compound Annual Growth Rate (CAGR) of 3.78% underpins this projected expansion. The packaging materials sector specifically is anticipated to grow to roughly USD 1.44 trillion by 2034, maintaining a CAGR of 3.20% from 2025.
Key Market Players: Mondi Group (United Kingdom / Austria) / Berry Global Inc. (United States) / Smurfit Kappa Group (Ireland) / International Paper Company (United States) / Crown Holdings, Inc. (United States) / Oji Holdings Corporation (Japan) /Sealed Air Corporation (United States) / Graphic Packaging International, LLC (United States) / Tetra Pak (Tetra Laval International SA) (Switzerland)
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