A-Z Careers: The Opportunity in the Packaging Industry
Packaging plays a crucial role in nearly all industries including consumer goods, pharmaceuticals, retail, e-commerce and even the military. The packaging industry itself is responsible for the design, production and efficient application of the packaging as well as the safe transport of contained goods.
Within each step of the end-to-end cycle are various tasks that require a spectrum of skills. In addition to preserving the quality and safety of products, the packaging industry is also responsible for enhancing distribution and brand visibility. This opens many doors for individuals looking to build a career in the packaging market.
The array of jobs well suited for an applicant can be highly dependent on their experience and area of expertise. From packaging type and materials to technological research and regulatory standards, each sector has its requirements.
In the coming decade, urbanization, population growth and changing consumer preferences will lend themselves to an increase in market size and consequently an increase in the packaging job market.
The global packaging and protective packaging market was valued at $1.0 trillion in 2021, and is projected to reach $1.5 trillion by 2031, growing at a CAGR of 4.3% from 2022 to 2031.1
Following are key pieces of information you would require if you are looking for a job in the packaging industry:
Smurfit Kappa Group PLC, Pregis LLC, Sealed Air, Sonoco Products Company, Amcor PLC, Pro-Pac Packaging Limited, Storopack Hans Reichenecker GmbH, and International Paper.2
Areas of Opportunity
Sustainability - post-consumer resin, biodegradable packaging, compostable packaging, downgauging, lightweighting, mono-material packaging, bioplastics, bio-based materials, waste management, recycling
Smart Packaging – RFID and NFC tags, QR codes, blockchain for tracking and tamper-evident packaging
A report by Mordor Intelligence on Packaging Market Size & Share Analysis suggests that Paper and Paperboard Packaging Products will witness the highest growth from 2024 to 2029 and that the Asia Pacific Packaging Market will expand significantly during this period.4