Display Packaging Market Growth Opportunities and Forecast till 2032
The Global Display Packaging Market Size valued for USD 4.1 Billion in 2022 and is anticipated to reach USD 7.2 Billion by 2032 with a CAGR of 5.8% from 2023 to 2032.
Display packaging is an essential tool for showcasing products in retail stores to attract customers and enhance product visibility. These packaging solutions can be designed in various shapes, sizes, and materials, depending on the product type and target audience. Display packaging can be divided into two categories: floor displays and counter displays. Floor displays are large, standalone units that showcase products in high-traffic retail areas, while counter displays are smaller, designed to be placed on countertops or near cash registers to encourage impulse purchases.
Display packaging offers various advantages over traditional packaging methods. First, it can increase product visibility, leading to higher sales and a faster return on investment. Second, display packaging can help reduce the environmental footprint of retail operations by using eco-friendly materials and minimizing waste. Display packaging can also assist in streamlining inventory management by providing an organized and visually appealing display of products.
Parameter |
Display Packaging Market |
Display Packaging Market Size in 2022 |
US$ 4.1 Billion |
Display Packaging Market Forecast By 2032 |
US$ 7.2 Billion |
Display Packaging Market CAGR During 2023 – 2032 |
5.8% |
Display Packaging Market Analysis Period |
2020– 2032 |
Base Year |
2022 |
Forecast Data |
2023 - 2032 |
Segments Covered |
By Material Type, By Packaging Type, By Display Type, By End-Use Industry, and By Region |
Regional Scope |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
Key Companies Profiled |
DS Smith, WestRock Company, Sonoco Products Company, Smurfit Kappa Group, International Paper, Menasha Corporation, Georgia-Pacific, Pratt Industries, Fencor Packaging Group, and Orora Limited. |
Report Coverage |
Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis |
Display Packaging Market Dynamics
The growth of the display packaging market is fueled by the increasing demand for innovative and effective packaging solutions in the retail sector. Rising competition among retailers and manufacturers has led to the need for eye-catching product displays that can attract customers and enhance brand visibility. Display packaging solutions can help businesses differentiate their products from competitors and encourage impulse purchases.
The expanding e-commerce industry is another factor driving the display packaging market. With more consumers shopping online, businesses are focusing on creating attractive and functional packaging to enhance the unboxing experience and strengthen brand loyalty. Display packaging can provide an engaging and memorable experience for customers, leading to increased sales and repeat business.
Technological advancements are also contributing to the growth of the display packaging market. Innovative materials and designs are being developed to create more sustainable and efficient display packaging solutions. For example, manufacturers are using biodegradable and recyclable materials to reduce the environmental impact of packaging, and digital printing technologies are being employed to create eye-catching designs with minimal waste.
Despite the growing demand for display packaging, the market faces some challenges. The high initial cost of custom display packaging solutions can be a barrier for some businesses, especially for small and medium-sized enterprises. Additionally, the increasing focus on sustainability and waste reduction may lead to a shift towards more eco-friendly packaging alternatives.
Market Insight
The Global Display Packaging Market can be segmented based on Material Type, Packaging Type, Display Type, and End-Use Industry. The Material Type segment includes Paper & Paperboard, Plastic, Glass, Metal, and Others. The Packaging Type segment comprises Corrugated Boxes, Folding Cartons, Paperboard Packaging, Trays & Containers, and Others. The Display Type segment includes Floor Displays, Counter Displays, Pallet Displays, Sidekick Displays, and Others. Lastly, the End-Use Industry segment includes Food & Beverage, Personal Care & Cosmetics, Pharmaceuticals, Electronics, Homecare & Toiletries, and Others. These market segments help in understanding the various aspects of the display packaging industry and identifying the target audience for different types of products and services.
Geographically, the display packaging market can be divided into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America and Europe are significant markets for display packaging, driven by the presence of major retail chains and manufacturers. Asia-Pacific is expected to be the fastest-growing market due to the rapid expansion of the retail sector and e-commerce industry in the region.
Global Display Packaging Market Segment Analysis
Display Packaging Market Material Type
· Paper & Paperboard
· Plastic
· Glass
· Metal
· Others
Display Packaging Market Packaging Type
· Corrugated Boxes
· Folding Cartons
· Paperboard Packaging
· Trays & Containers
· Others
Display Packaging Market Display Type
· Floor Displays
· Counter Displays
· Pallet Displays
· Sidekick Displays
· Others
Display Packaging Market End-Use Industry
· Food & Beverage
· Personal Care & Cosmetics
· Pharmaceuticals
· Electronics
· Homecare & Toiletries
· Others
Display Packaging Market Leading Companies
The players profiled in the report are DS Smith, WestRock Company, Sonoco Products Company, Smurfit Kappa Group, International Paper, Menasha Corporation, Georgia-Pacific, Pratt Industries, Fencor Packaging Group, and Orora Limited.
Display Packaging Market Regions
North America
· U.S.
· Canada
Europe
· U.K.
· Germany
· France
· Spain
· Rest of Europe
Latin America
· Brazil
· Mexico
· Rest of Latin America
Asia-Pacific
· China
· Japan
· India
· Australia
· South Korea
· Rest of Asia-Pacific
Middle East & Africa
· GCC
· South Africa
· Rest of Middle East & Africa