Global Food Packaging Market Report By Type (Rigid, Semi-Rigid And Flexible), By Material (Paper And Paper-Based Material, Plastics, Metal, Glass And Others), By Application (Bakery And Confectionary, Dairy Products, Fruits And Vegetables, Meat, Poultry And Seafood, Sauces And Dressings And Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2021-2028

Name: Global Food Packaging Market Report
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ID:VMR11210124

April 2021

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Rising consumption of convenience food among the potential population followed by a booming food and beverage industry is driving the market growth. The shift in consumer preference towards consumption of safe food products is further fueling the market growth. Rising population across the globe and growing purchasing parity of the customers are again pushing the market growth upwards. Also, changing lifestyle and the rising number of working women are also contributing to market growth. Moreover, growing organized and unorganized retail chains are also impacting the market growth positively.

The latest report by Value Market Research expects the Global Food Packaging Market was valued at USD 419 billion in 2021 and is likely to reach USD 642.61 billion by 2028 with CAGR of 6.3%.

FLEXIBLE PACKAGING EMERGED AS THE LEADING SEGMENT
In 2017, flexible packaging dominated the type segment by accounting for X.X% of the total market share. Advantages such as reusable, recyclable, relatively cheap, sustainable, shipping friendly, lightweight, easy to carry are driving the segment growth. Also, flexible packaging produces less wastage and emissions are further fueling the segment growth.

PAPER AND PAPER-BASED MATERIALS DOMINATED THE MATERIAL SEGMENT
By material, paper and paper-based materials led the segment and have accounted for X.X% of the total market share. Owing to eco-friendly, recyclable, biodegradable, lightweight, stiff, and offers ease on printability are driving the segment growth. Rising environmental concerns and regulation imposed by the government on the usage of plastic, as the food packaging material is further fueling the market demand.

BAKERY AND CONFECTIONERY LEADING THE APPLICATION SEGMENT
Bakery and confectionery led the segment owing to rising demand for bread, biscuits, doughnuts, pastries and other bakery products are the driving the market growth. Also, the rise in the count of organized and unorganized is further boosting the segment growth.

ASIA PACIFIC DOMINATED THE REGIONAL MARKET
Regionally, Asia Pacific led the market by accounting for over 35% of the total market share in 2017. Growing population, increasing disposable income, the shift in consumer preference towards packaged and safe food products from developing economies such as China and India is driving the regional market growth.

KEY PLAYERS OF THE MARKET
Amcor Ltd., American Packaging Corporation, Anchor Packaging, Ball Corporation, Bemis Company, Inc., Crown Holdings, Inc., DS Smith PLC. and Georgia Pacific Corporation are the major players of the food packaging market

As per this study, the Global Food Packaging Market was valued at USD 419 BN (by revenue) in 2021 and is anticipated to reach USD 642.61 BN by 2028 with a CAGR of 6.3%.

Food packaging refers used to packaging food in order to prevent food from physical damage, chemical changes, contamination and thus increases the shelf life of the food product. Basically, it increases the sustainability of the food products. It also offers easy handling, tampering resistance and aids in the silent marketing of the product. It comes in varied forms such as trays, bags, boxes, cans, flexible packs, wrappers, etc.

Market Dynamics

Rising demand and consumption of easy-to-eat and packaged food products is driving the market growth. Growing population, rising count of working women, rising trend of fast-paced life, growing disposable income are prime factors contributing significantly to market growth. Additionally, raising awareness among the population regarding food safety is again pushing the market uphill. Growing organized and unorganized retail is also impacting the market growth positively.

This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis, and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of food packaging.

Market Segmentation

The broad food packaging market has been sub-grouped into type, material, and application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.

By Type

Rigid
Semi-Rigid
Flexible

By Material

Paper And Paper-Based Material
Plastics
Metal
Glass
Others

By Application

Regional Analysis

Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for food packaging in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.

Global Food Packaging Market Share by Region (Representative Graph)

The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the food packaging market include Amcor Ltd., American Packaging Corporation, Anchor Packaging, Ball Corporation, Bemis Company, Inc., Crown Holdings, Inc., DS Smith PLC., and Georgia Pacific Corporation. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.

In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.

Frequently Asked Questions (FAQs) about this Report

What is the global food packaging market size?

b. The global food packaging market size is expected to be valued USD 419 BN in 2021.

What is the projected global food packaging market growth under the study period?

b. The worldwide food packaging market growth is estimated to grow by around 6.3% from 2023 to 2028.

Which region holds the highest global food packaging market share?

b. Asia Pacific occupies the highest market share in the global food packaging market.

What is the global food packaging market segmentation covered in the report?

b. The global food packaging market is segmented by Type (Rigid, Semi-Rigid And Flexible), by Material (Paper And Paper-Based Material, Plastics, Metal, Glass And Others), by Application (Bakery And Confectionary, Dairy Products, Fruits And Vegetables, Meat, Poultry And Seafood, Sauces And Dressings And Others).

Who are the leading global food packaging market manufacturers/players profiled in the report?

b. The leading players in the global food packaging market are Amcor Ltd., American Packaging Corporation, Anchor Packaging, Ball Corporation, Bemis Company Inc., Crown Holdings Inc., DS Smith PLC., and Georgia Pacific Corporation.

1 . PREFACE
       1.1. Report Description
           1.1.1. Objective
           1.1.2. Target Audience
           1.1.3. Unique Selling Proposition (USP) & offerings
       1.2. Research Scope
       1.3. Research Methodology
           1.3.1. Market Research Process
           1.3.2. Market Research Methodology

2 . EXECUTIVE SUMMARY
       2.1. Highlights of Market
       2.2. Global Market Snapshot

3 . FOOD PACKAGING – INDUSTRY ANALYSIS
       3.1. Introduction - Market Dynamics
       3.2. Market Drivers
       3.3. Market Restraints
       3.4. Opportunities
       3.5. Industry Trends
       3.6. Porter’s Five Force Analysis
       3.7. Market Attractiveness Analysis
           3.7.1 By Type
           3.7.2 By Material
           3.7.3 By Application
           3.7.4 By Region

4 . VALUE CHAIN ANALYSIS
       4.1. Value Chain Analysis
       4.2. Raw Material Analysis
           4.2.1. List of Raw Materials
           4.2.2. Raw Material Manufactures List
           4.2.3. Price Trend of Key Raw Materials
       4.3. List of Potential Buyers
       4.4. Marketing Channel
           4.4.1. Direct Marketing
           4.4.2. Indirect Marketing
           4.4.3. Marketing Channel Development Trend

5 . IMPACT ANALYSIS OF COVID-19 OUTBREAK
       5.1. Impact Analysis of Covid-19 Outbreak
           5.1.1. Direct Impact on Production
           5.1.2. Supply Chain and Market Disruption
           5.1.3. Financial Impact on Firms and Financial Markets
       5.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
       5.3. Market: Pre V/S Post COVID-19
       5.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic
       5.5. COVID-19: Micro and Macro Factor Analysis

6 . GLOBAL FOOD PACKAGING MARKET ANALYSIS BY TYPE
       6.1 Overview by Type
       6.2 Historical and Forecast Data
       6.3 Analysis by Type
       6.4 Rigid Market by Regions
       6.5 Semi-Rigid Market by Regions
       6.6 Flexible Market by Regions

7 . GLOBAL FOOD PACKAGING MARKET ANALYSIS BY MATERIAL
       7.1 Overview by Material
       7.2 Historical and Forecast Data
       7.3 Analysis by Material
       7.4 Paper And Paper-Based Material Market by Regions
       7.5 Plastics Market by Regions
       7.6 Metal Market by Regions
       7.7 Glass Market by Regions
       7.8 Others Market by Regions

8 . GLOBAL FOOD PACKAGING MARKET ANALYSIS BY APPLICATION
       8.1 Overview by Application
       8.2 Historical and Forecast Data
       8.3 Analysis by Application
       8.4 Bakery And Confectionary Market by Regions
       8.5 Dairy Products Market by Regions
       8.6 Fruits And Vegetables Market by Regions
       8.7 Meat, Poultry And Seafood Market by Regions
       8.8 Sauces And Dressings Market by Regions
       8.9 Others Market by Regions

9 . GLOBAL FOOD PACKAGING MARKET ANALYSIS BY GEOGRAPHY
       9.1. Regional Outlook
       9.2. Introduction
       9.3. North America
           9.3.1. Overview, Historic and Forecast Data
           9.3.2. North America By Segment
           9.3.3. North America By Country
           9.3.4. United State
           9.3.5. Canada
           9.3.6. Mexico
       9.4. Europe
           9.4.1. Overview, Historic and Forecast Data
           9.4.2. Europe by Segment
           9.4.3. Europe by Country
           9.4.4. United Kingdom
           9.4.5. France
           9.4.6. Germany
           9.4.7. Italy
           9.4.8. Russia
           9.4.9. Rest Of Europe
       9.5. Asia Pacific
           9.5.1. Overview, Historic and Forecast Data
           9.5.2. Asia Pacific by Segment
           9.5.3. Asia Pacific by Country
           9.5.4. China
           9.5.5. India
           9.5.6. Japan
           9.5.7. South Korea
           9.5.8. Australia
           9.5.9. Rest Of Asia Pacific
       9.6. Latin America
           9.6.1. Overview, Historic and Forecast Data
           9.6.2. Latin America by Segment
           9.6.3. Latin America by Country
           9.6.4. Brazil
           9.6.5. Argentina
           9.6.6. Peru
           9.6.7. Chile
           9.6.8. Rest of Latin America
       9.7. Middle East & Africa
           9.7.1. Overview, Historic and Forecast Data
           9.7.2. Middle East & Africa by Segment
           9.7.3. Middle East & Africa by Country
           9.7.4. Saudi Arabia
           9.7.5. UAE
           9.7.6. Israel
           9.7.7. South Africa
           9.7.8. Rest Of Middle East And Africa

10 . COMPETITIVE LANDSCAPE OF THE FOOD PACKAGING COMPANIES
       10.1. Food Packaging Market Competition
       10.2. Partnership/Collaboration/Agreement
       10.3. Merger And Acquisitions
       10.4. New Product Launch
       10.5. Other Developments

11 . COMPANY PROFILES OF FOOD PACKAGING INDUSTRY
       11.1. Company Share Analysis
       11.2. Market Concentration Rate
       11.3. Amcor Ltd.
           11.3.1. Company Overview
           11.3.2. Financials
           11.3.3. Products
           11.3.4. Recent Developments
       11.4. American Packaging Corporation
           11.4.1. Company Overview
           11.4.2. Financials
           11.4.3. Products
           11.4.4. Recent Developments
       11.5. Anchor Packaging
           11.5.1. Company Overview
           11.5.2. Financials
           11.5.3. Products
           11.5.4. Recent Developments
       11.6. Ball Corporation
           11.6.1. Company Overview
           11.6.2. Financials
           11.6.3. Products
           11.6.4. Recent Developments
       11.7. Bemis Company, Inc.
           11.7.1. Company Overview
           11.7.2. Financials
           11.7.3. Products
           11.7.4. Recent Developments
       11.8. Crown Holdings, Inc.
           11.8.1. Company Overview
           11.8.2. Financials
           11.8.3. Products
           11.8.4. Recent Developments
       11.9. DS Smith PLC
           11.9.1. Company Overview
           11.9.2. Financials
           11.9.3. Products
           11.9.4. Recent Developments
       11.10. Georgia Pacific Corporation
           11.10.1. Company Overview
           11.10.2. Financials
           11.10.3. Products
           11.10.4. Recent Developments

*Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies

LIST OF TABLES

LIST OF FIGURES

Research Scope of Food Packaging Report
Market Research Process
Market Research Methodology
Global Food Packaging Market Size, by Region (USD MN)
Porters Five Forces Analysis
Market Attractiveness Analysis by Type
Market Attractiveness Analysis by Material
Market Attractiveness Analysis by Application
Market Attractiveness Analysis by Region
Value Chain Analysis
Global Market Analysis by Type (USD MN)
Rigid Market by Geography (USD MN)
Semi-Rigid Market by Geography (USD MN)
Flexible Market by Geography (USD MN)
Global Market Analysis by Material (USD MN)
Paper And Paper-Based Material Market by Geography (USD MN)
Plastics Market by Geography (USD MN)
Metal Market by Geography (USD MN)
Glass Market by Geography (USD MN)
Others Market by Geography (USD MN)
Global Market Analysis by Application (USD MN)
Bakery And Confectionary Market by Geography (USD MN)
Dairy Products Market by Geography (USD MN)
Fruits And Vegetables Market by Geography (USD MN)
Meat, Poultry And Seafood Market by Geography (USD MN)
Sauces And Dressings Market by Geography (USD MN)
Others Market by Geography (USD MN)
Global Market by Revenue
North America Market by Revenue
Europe Market by Revenue
Asia Pacific Market by Revenue
Latin America Market by Revenue
Middle East & Africa Market by Revenue
Recent Development in Industry
Company Market Share Analysis

* Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.

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Objectives of Study

Define and measure the global market
Volume or revenue forecast of the global market and its various sub-segments with respect to main geographies
Analyze and identify major market trends along with the factors driving or inhibiting the market growth
Study the company profiles of the major market players with their market share
Analyze competitive developments

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