COVID-19 Impact on Packaging Market, By Material Type (Plastics/Polymers, Paper & Paperboard, Glass, Metal, and Others), By Application (Healthcare, Food & Beverages, Household Hygiene, Beauty & Personal Care, Electrical & Electronics, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis, and Forecast till 2029

The majority of physical retail stores were shuttered during the shutdown due to the COVID-19 pandemic outbreak. As a result, shops are trying to maintain revenues by increasing online orders. On the other hand, to survive, some businesses without a traditionally significant online presence have also been compelled to change their business strategy to include e-commerce. Packaging designed specifically for e-commerce is, therefore, essential. Retailers are now concentrating on safely delivering goods to customers. As a result, packaging that uses resistance technology to preserve commodities has become even more critical. To reduce the possibility of financial losses and returns, retailers are taking steps to reduce the risk of product loss or damage. Additionally, the primary driver of the rise is the rising need for FMCG and pharmaceutical packaging, among other aspects of the packaging sector.