Food Packaging Market

Report Highlights

The scope of this report is broad and covers different types of food packaging, along with the applications for bakery and confectionery. The market is broken down by types of food packaging, applications, and regional markets. Revenue forecasts from 2019 to 2025 are given for each major type of food packaging, application, and regional market, and the estimated values are derived from the manufacturers’ total revenues.

The report also includes a discussion of the major players across each of the regional food packaging markets; it explains the major market drivers of the global food packaging industry, current trends within the industry, major applications, and the regional dynamics of the global food packaging market.

The report concludes with a special focus on the vendor landscape, which includes detailed profiles of the major vendors in the global food packaging industry.

Report Includes

• 57 tables
• An up-to-date analysis of the global food packaging market.
• Analyses of the global market trends, with data from 2019, 2020, estimates for 2021, and projections of compound annual growth rates (CAGRs) through 2026.
• Estimation of market size and revenue forecast for global food packaging market, and corresponding market share analysis by type, application, and region for each market segment.
• Highlights of emerging technology trends, gaps and opportunities in the market estimating current and future demand for food packaging, identification of the companies that are best positioned to meet this demand.
• In-depth information (facts and figures) concerning market drivers, restraints and other forces affecting the progress of this market.
• Identification of new products and products still in the development and their probability of successful commercial launch within the next five years.
• Impact of COVID-19 on the food packaging market as compared to overall global economy.
• Insight into the growth development strategies of major food packaging manufacturers and their key competitive landscape.
• Descriptive company profiles of the leading market participants, including Amcor PLC, Crown Holdings Incorporated, Owens-Illinois Inc., Tetra Pak Ltd., American Packaging Corporation, Ball Corporation, DS Smith PLC, Berry Plastics Group, Sigma Plastics Group, American Eagle Packaging, Sealed Air Corporation and Others

Summary

The global food packaging market will grow from over $318 billion in 2020 to $411 billion by 2025 at a five-year CAGR of 5.3%. With the growing initiatives from the food and beverage manufacturers to secure their product lines and changing consumer demographics such as lifestyles, smaller households, and demand for healthy and nutritious packaged food, safe food packaging has been rising. The manufacturers and food processors are extremely careful about the packaging of food products and to prevent it from spoilage before reaching the retailers.

Food Packaging finds applications in bakery, confectionery, convenience foods, dairy products, fruits & vegetables, sauces, dressings and condiments seafood, meat, poultry, dairy products, confectioneries, soups, and fruits and vegetables. In 2020, bakery & confectionery segment captured the largest share in the global market.