Originally published on Best Stocks Category: best stocks to buy now New report findings from research firm VEND imply that the global packaging market is set to grow at a CAGR of 5.95% from 2021 to 2024. Any investment in the sector could be lucrative for long-term investors willing to commit capital and wait for returns. But with so many stocks in various industries and markets, how can you determine the most promising opportunities? This article highlights some of the best packaging stocks to buy now.The global economy is still growing, and the recovery remains intact, but there are concerns that trade tensions could escalate. If a trade war breaks out, it will hurt the global economy and stocks in general. Investors should reassess their risk profile regarding stocks that may be impacted by an escalating trade war or rising interest rates. However, this does not mean you must avoid investing in these industries. Some companies operate in these sectors that offer favorable risk-to-reward profiles even if the macroeconomic environment turns sour. Here are five top packaging stocks to buy now for your portfolio, regardless of what happens with trade wars and interest rates.DSK GroupDSK is India’s largest packaging company. The company manufactures a wide range of packaging products through its four business segments. These include packaging paper, corrugated boards, engineered products, and specialty packaging. The specialty packaging segment consists of the Bio-Medical and Healthcare segments. The company has a strong presence in domestic markets, with its non-corrugated products catering to retail, food and beverage, and pharmaceutical sectors. Its corrugated products are used in the construction, automotive, electrical, and electronics industries. The company is also involved in the manufacture and supply of plastic products. The company has grown its revenue and profit over the past few years. DSK has been able to do this by expanding its product portfolio and increasing its presence in overseas markets. These efforts have helped the company to diversify its revenue. This has also helped it to reduce its dependence on the Indian market.UDL LimitedUDL is a producer of industrial and hygiene paper products. The company manufactures products for various industries, including healthcare, food and beverage, and industrial and hygiene. UDL has a strong presence in the Indian market, with the healthcare paper segment being its largest segment. The company has grown its revenue and profit over the past few years. This has been possible due to UDL’s efforts to expand its product portfolio and increase its presence in overseas markets. These efforts have helped the company to diversify its revenue. This has also helped it to reduce its dependence on the Indian market. Apart from these efforts, UDL has also benefited from the Indian government’s focus on improving healthcare infrastructure. This has led to an increase in demand for healthcare products. This growth in demand has allowed UDL to increase its revenue and profit.Continental Ltd.Continental is one of the world’s leading manufacturers of tires and other automotive parts. The company has a strong presence in Asian and Latin American markets. Continental has a strong presence in the passenger, light, and heavy commercial vehicles markets. Continental has been a consistent performer in the packaging stocks space. The company has consistently grown its revenues and profits over the past few years. Continental has been able to do this by ramping up production in emerging markets. These efforts have helped the company to boost its revenues and profit. Continental recently announced that it plans to expand its production in India. The company also plans to establish a new production facility in the country. This is expected to increase the company’s revenues and profits.SonocoSonoco is one of the world’s largest industrial and specialty paper product manufacturers. The company’s products are used in various industries, including automotive, building and construction, food and beverage, industrial and hygiene, packaging, and utilities. The company has a strong presence in the North American and European markets. Sonoco has also been trying to expand its presence in Asian and Latin American markets. These efforts have helped the company to increase its revenues and profit. Over the past few years, Sonoco has grown its revenues and profit. This has been possible due to the company’s efforts to expand its product portfolio and increase its presence in overseas markets. These efforts have helped the company to diversify its revenue. This has also helped it to reduce its dependence on the North American and European markets.Smurfit KappaSmurfit Kappa is a packaging and paper company that is headquartered in Ireland. The company has been involved in the paper and paperboard business for several decades. Smurfit Kappa has a strong presence in the European, Asian, and Latin American markets. The company’s packaging and paperboard business segments have been growing steadily over the past few years. This growth can be attributed to the company’s efforts to expand its product portfolio and increase its presence in overseas markets. These efforts have helped the company to diversify its revenue. This has also helped it to reduce its dependence on the European, Asian, and Latin American markets.Concluding Words: Which Packaging Stocks To Buy Now?The global economy is expected to remain strong in the near term. This has led to investors increasing their exposure to stocks in the packaging industry. Some companies offer favorable risk-to-reward profiles in this space. There are good chances that these stocks will deliver solid returns even if the global economy takes a hit due to a trade war. These stocks may also perform well if interest rates rise. Thus, these stocks make an excellent addition to any portfolio.