Global Food Packaging Market Size, Growth Analysis Report, Forecast to 2027


Posted September 20, 2021 by alfahadkhan2510

The global food packaging market is projected to grow at a CAGR of 6.5% during the forecast period.

 
The global food packaging market is projected to grow at a CAGR of 6.5% during the forecast period. The key factors that drive the market growth include the increased demand for packaged food for on-the-go consumers across the globe. Packaging protects the food item barrier against temperature, heat, breakages, vibrations, and humidity. It acts as a barrier against contaminants, direct touch, water, dust, micro-organisms, among others. The packaging industry has been continuously evolving and now plays a key marketing role in developing on-shelf appeal, providing product information, and establishing brand image and awareness. Consumer needs and demands influenced by changing global trends, such as increased life expectancy accelerates the increased quest for innovation and upgradations in the food and beverage packaging industry.

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The global food packaging market is geographically segmented into North America, Europe, Asia-Pacific, and the Rest of the World. Asia-Pacific is estimated to grow significantly during the forecast period. The regional growth of the market is attributed to the increased trends of online food ordering especially in India. There has also been a significant increase in the disposable income of the consumers, due to which they are willing to pay more for packaged food products. Thus, this drives the regional growth of the market. Further, the North American region is estimated to contribute a significant share in the market owing to the rapid contributions by the key players.


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The global food packaging market has been segmented into material type, packaging, and application. Based on the material, the market is segmented into plastic, paper & paperboard, and others such as glass & metals. The packaging is available in various forms including cans, converted roll stock, bags & pouches, cartons, boxes, and others. Based on the packaging, the market is segmented into flexible packaging, semi-rigid packaging, and rigid packaging. Based on the application, the market is segmented into dairy products, fruits & vegetables, bakery & confectionery, poultry & meat products, convenience food, and others.

Global Food Packaging Market – Segmentation
by Material
Plastic
Paper & Paperboard
Others
by Packaging
Flexible Packaging
Semi-Rigid Packaging
Rigid Packaging
by Application
Dairy Products
Fruits & Vegetables
Bakery & Confectionery
Poultry & Meat Products
Convenience Food
Others

Global Food Packaging Market – Segmentation by Region 
North America 
United States
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific 
China
Japan
India
Rest of Asia-Pacific
Rest of the World

Company Profiles
Alcoa Corp.
Amcor Plc
American Packaging Corp.
AmeriPak Inc.
Anchor Packaging Inc.
Ardagh GroupS.A.
Ball Corp.
Bemis Co. Inc.
Berry Global, Inc.
Crown Holdings Inc.
DS Smith Plc
Graham Packaging Co. Inc.
International Paper Co.
Intrapac International LLC
Mondi Group Plc
Nampak Ltd.
Paccor Group
PPC Flexible Packaging, LLC
Schur Flexibles Group
Sealed Air Corp.
Silgan Containers LLC
Smurfit Kappa Group Plc
Sonoco Products Co.
Stora Enso Oyj
Tetra Laval International SA
WestRock Co.

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Issued By Alfahad khan
Phone +91 780-304-0404
Country India
Categories Business
Tags global food packaging market
Last Updated September 20, 2021