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Global Packaging Industry Overview

18 may 2010- With the emphasized focus on the look and appeal of a product, one industry that is sure to match up and therefore, boom is the packaging industry. Packaging industry is scaling new heights, not just in terms of revenue and growth, but also in terms of devising new technologies and aesthetically enhanced packaging solutions. The packaging industry market has been maintaining the upward growth trend for almost a decade now.

Amongst the various industries that total up for the packaging industry's earnings, the consumer market is the maximum shareholder. The foods and beverage packaging industry takes the maximum share of almost 50%, which stands at a combined market value of nearly 200 US$ billion. It is huge and is still growing at a fast pace. The rest of the market share is again shared in lots of small percentages by industries like pharmaceutical packaging, cosmetic products packaging, consumer products, industry products, etc.

One of the many reasons driving the consistent growth of the packaging industry is the simultaneous growth in the industries that deal with packaging. As the market needs and industries grow, alongside grow their packaging needs, therefore causing a surge in the packaging industry. A quick snapshot of the growth trends for the packaging industry for the past decade reveal an annual average growth of 3.5 percent per annum. The leading countries with maximum contribution to the global package industry in terms of earning are Europe, Asian nations, North America & Latin America. The packaging industry is divided into a lot of sectors that contribute to a different set of industries. The humongous list of packaging companies are together pooling in earning and revenues, from different parts of the world. Some of the biggies in the packaging industry are companies like Crown Holdings, Ball, Owens-Illinois, MeadWestvaco & Smurfit Stone Container. Check out the complete list of top packaging companies, from across the world.

List of top Ten Global Packaging Companies

Crown Holdings
Ball
Owens-Illinois
MeadWestvaco
Smurfit Stone Container
Sealed Air
Sonoco Products
Temple-Inland
Bemis
Greif

Major Packaging Products

• Bopp Films
• Cpp Films
• Aluminum Foil
• Metallized Films
• Packaging Films
• Printed Films
• Packaging Pouch
• Coextruded Films
• Barrier Films
• Breathable Films