Confectionery Packaging Market Outlook and Future Scope Analysis-Forecast to 2021


Posted July 2, 2019 by sakkk18

Global Confectionery Packaging Market Size, Share, Growth, Trends, Future Scope by Material (Metal, Paper, Plastic, and others) by Type by Confectionery items and Region - Forecast to 2021

 
Confectionery Packaging Market Scenario

Globally there is a surge in the food & beverages market, especially for sweet items along with the growth of organized retails which has augmented the market for confectionery packaging. With the rapid urbanization and change in the consumer preference for food along with the increased sale of sweet items in the retail stores have stimulated the market for confectionery packaging. This is backed by the international chains of bakery and confectionery outlets and investment by packaging companies in developing more consumer-friendly packaging, which has led to the growth of the global confectionery packaging market.

The Global Confectionery Packaging Market is expected reach at a huge CAGR from 2016 to 2021.

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Key Players

The key players of Global Confectionery Packaging Market report include-

Crown Holdings, Inc.
Graphic Packaging International Inc.
Aptar Group Inc.
Sonoco Products Company
Bemis Company Inc.
Amcor Limited
Silgan Holdings
West Rock Company
Solo Cup
Sweetheart Holdings

Confectionery Packaging Market – Segmentation

The global confectionery packaging market is segmented in to 3 key dynamics for the convenience of the report and enhanced understanding

Segmentation by Material : Comprises Metal, Paper, Plastic, and others.

Segmentation by Type : Comprises Rigid packaging and Flexible Packaging.

Segmentation by Confectionery items : Comprises Flour confections, Chocolate confections, Sugar confections, and others

Segmentation by Regions : Comprises Geographical regions - North America, Europe, APAC and Rest of the World.


Regional Analysis of Global Confectionery Packaging Market

In North America, U.S. accounts for the second largest share in Confectionery Packaging Market. Factors such as rising the consumer preferences for convenient packaging, increase in disposable income, and rising demand from food & beverage, pharmaceutical sectors are some factors driving the demand of the market in U.S. Europe is expected to be the second largest market in confectionery packaging due to innovation and development of personal care, hygiene and beauty products. Increased demand for consumer-friendly products which are lightweight and easily transportable, growing focus on sustainability, the increased need for extended shelf life, and rising standards of hygiene are the major drivers of confectionery packaging market.

Industry/ Innovation/ Related News

The key strategies followed by most companies within the global confectionery packaging market are that of new product development.

On 31st March 2017, Sonoco had launched a new portfolio of clear barrier flexible packaging that is ClearGuard so as to provide a transparency to the customers when providing best-in-class barrier properties for products

On October 2016, Coveris launched Nextrus Boneless Shrink bags so as to offer innovation in sustainability and performance of the products.

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Issued By mrfr
Country India
Categories Business
Tags confectionery packaging market
Last Updated July 2, 2019