Food Packaging Market is set for a Potential Growth Worldwide

The global food packaging market size is expected to be valued at USD 438.9 thousand units in 2024 and reach USD 576.37 thousand units by 2029, growing at a CAGR of 5.6% from 2024 to 2029.

Global Food Packaging Market Report Scope:
• Market Size (2029): USD 576.37 thousand units
• Market Size (2024): USD 438.9 thousand units
• CAGR (2024 to 2029): 5.6%
• Base Year: 2023
• Forecast Period: 2024 to 2029
• Segments Analysed: By Materials, Product, Application, and Region
• Geographies Covered: North America, Europe, APAC, Latin America, Middle East & Africa
• Key Market Players Profiled: Mondi Group, Crown Holdings Inc, DS Smith Plc, Amcor plc, Berry Global Inc, Orora Ltd, Owens-Illinois Inc, Ardagh Group S.A, Ball Corporation, CPMC Holdings Ltd, International Paper Co, Sealed Air Corp and Others. Are playing a dominant role in the global food packaging market.

The food packaging market share is deemed to have huge growth opportunities with the rising number of food and beverages industries. Packaging of the food plays an important role in protecting the food from contamination and damage. The proper packaging of the food can help to prevent spoilage or any damage from external environmental conditions. Nowadays, the packaging of food is becoming essential in every food and beverage industry as the need to transport packaged food to various places is increasing. To transport food products in the most efficient way, packaging plays a crucial role that is ascribed to bolster the growth rate of the food packaging market. Along with this, consumer awareness to consume only healthy food items that come with proper hygienic food packaging has been prominently leveraging the market share for a couple of years. Urban people are more inclined to adopt processed foods or ready-to-eat food due to a lack of time to prepare processed food items. Processed and ready-to-eat food products need a definite packaging style to increase their shelf life, which is attributed to the leverage of the growth rate of the food packaging market. Key companies are making many efforts to launch various technological developments in packaging style so as to meet the rising demand from consumers to manufacture high-quality food products with proper packaging references. Therefore, the launch of innovative equipment for packaging food products in a more effective way is catching all the eyes of the consumers and is ascribed to a surge in the growth rate of the market enormously.

Difficulty in following the stringent norms implemented by government bodies in favor of public safety is one of the primary factors that is restraining the growth rate of the food packaging market. In rural areas, people's preference for local food products is slightly reduced by the growth rate of the market. The local products do not need a higher-end type of packaging where the vendor does not adopt a hygienic packaging style. Further, disruptions in the supply chain are expected to fluctuate the availability and the prices of the raw materials, which is expected to hinder the growth rate of the market. Restrictions over the usage of plastic materials, especially for the packaging of food, due to rising concern over the presence of harmful chemical substances is another factor limiting the market growth rate.

Browse full details of the report @ https://www.marketdataforecast.com/market-reports/food-packaging-market.

Key Insights from the Report:

• By Material, the Paper & Paperboard segment to anticipated to account for the largest share of the global market during the forecast period.
• Based on Product, the rigid packaging segment is likely to dominate the worldwide market during the forecast period.
• Based on Application, the bakery & confectionery segment is estimated to exhibit a notable CAGR during the forecast period.
• In Asia Pacific food packaging market registered the highest share in 2023 and is likely to continue its demand in the foreseen years.
• Mondi Group, Crown Holdings Inc, DS Smith Plc, Amcor plc, Berry Global Inc, Orora Ltd, Owens-Illinois Inc, Ardagh Group S.A, Ball Corporation, CPMC Holdings Ltd, International Paper Co, Sealed Air Corp and Others.

SEGMENTATION INCLUDED IN THIS REPORT:
By Material:
• Glass
• Metal
• Paper & Paperboard
• Wood
• Plastics
By Product:
• Rigid
• Semi-Rigid
• Flexible
By Application:
• Fruits & Vegetables
• Bakery & Confectionery
• Dairy Products
• Meat
• Poultry & Seafood
• Sauces
• Dressings and Condiments
By Region:
• North America
• Europe
• APAC
• Latin America
• Middle East & Africa

Browse Regional Reports:
North American food packaging market Research Report - segmented by Material, Product, Application, and Country (U.S, Canada & Rest of North America) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2024 to 2029) - https://www.marketdataforecast.com/market-reports/north-america-food-packaging-market

Europe food packaging market Research Report - segmented by Material, Product, Application, and Country (UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic and Rest of Europe) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2024 to 2029) - https://www.marketdataforecast.com/market-reports/europe-food-packaging-market

APAC food packaging market Research Report - Segmented By Material, Product, Application & Country (India, China, Japan, South Korea, Australia, New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore & Rest of APAC) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2024 to 2029 ) - https://www.marketdataforecast.com/market-reports/asia-pacific-food-packaging-market

Latin America food packaging market Research Report - segmented by Material, Product, Application & Country (Brazil, Argentina, Chile, and Rest of Latin America) - Industry Analysis, Size, Share, Growth, Trends, & Forecast (2024 to 2029) - https://www.marketdataforecast.com/market-reports/latin-america-food-packaging-market

Middle East & Africa food packaging market Research Report - Segmented By Material, Product, Application & Country (KSA, UAE, Israel, rest of GCC countries, South Africa, Ethiopia, Kenya, Egypt, Sudan and Rest of MEA) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast from 2024 to 2029 - https://www.marketdataforecast.com/market-reports/middle-east-and-africa-food-packaging-market

TABLE OF CONTENTS:
1. Introduction
1.1 Market Definition
1.2 Scope of the report
1.3 Study Assumptions
1.4 Base Currency, Base Year, and Forecast Periods
2. Research Methodology
2.1 Analysis Design
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Data Modelling
2.2.4 Expert Validation
2.3 Study Timeline
3. Report Overview
3.1 Executive Summary
3.2 Key Inferences
4. Market Dynamics
4.1 Impact Analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.2 Regulatory Environment
4.3 Technology Timeline & Recent Trends
5. Competitor Benchmarking Analysis
5.1 Key Player Benchmarking
5.1.1 Market Share Analysis
5.1.2 Products/Service
5.1.3 Regional Presence
5.2 Mergers & Acquisition Landscape
5.3 Joint Ventures & Collaborations
6. Market Segmentation
6.1 Food Packaging Market, By Material
6.1.1 Glass
6.1.2 Metal
6.1.3 Paper & Paperboard
6.1.4 Wood
6.1.5 Plastics
6.1.6 Market Size Estimations & Forecasts (2024-2029)
6.1.7 Y-o-Y Growth Rate Analysis
6.1.8 Market Attractiveness Index
6.2 Food Packaging Market, By Product
6.2.1 Rigid
6.2.2 Semi-Rigid
6.2.3 Flexible
6.2.4 Market Size Estimations & Forecasts (2024-2029)
6.2.5 Y-o-Y Growth Rate Analysis
6.2.6 Market Attractiveness Index
6.3 Food Packaging Market, By Application
6.3.1 Fruits & Vegetables
6.3.2 Bakery & Confectionery
6.3.3 Dairy Products
6.3.4 Meat, Poultry & Seafood
6.3.5 Sauces
6.3.6 Dressings and Condiments
6.3.7 Market Size Estimations & Forecasts (2024-2029)
6.3.8 Y-o-Y Growth Rate Analysis
6.3.9 Market Attractiveness Index
7. Geographical Landscape
7.1 Global Identity Governance and Administration Market by Region
7.2 North America - Market Analysis (2024-2029)
7.2.1 By Country
7.2.1.1 USA
7.2.1.2 Canada
7.2.2 By Material
7.2.3 By Product
7.2.4 By Application
7.3 Europe
7.3.1 By Country
7.3.1.1 UK
7.3.1.2 France
7.3.1.3 Germany
7.3.1.4 Spain
7.3.1.5 Italy
7.3.1.6 Rest of Europe
7.3.2 By Material
7.3.3 By Product
7.3.4 By Application
7.4 Asia Pacific
7.4.1 By Country
7.4.1.1 China
7.4.1.2 India
7.4.1.3 Japan
7.4.1.4 South Korea
7.4.1.5 South East Asia
7.4.1.6 Australia & NZ
7.4.1.7 Rest of Asia-Pacific
7.4.2 By Material
7.4.3 By Product
7.4.4 By Application
7.5 Latin America
7.5.1 By Country
7.5.1.1 Brazil
7.5.1.2 Argentina
7.5.1.3 Mexico
7.5.1.4 Rest of Latin America
7.5.2 By Material
7.5.3 By Product
7.5.4 By Application
7.6 Middle East and Africa
7.6.1 By Country
7.6.1.1 Middle East
7.6.1.2 Africa
7.6.2 By Material
7.6.3 By Product
7.6.4 By Application
8. Key Player Analysis
8.1 Mondi Group
8.1.1 Business Description
8.1.2 Products/Service
8.1.3 Financials
8.1.4 SWOT Analysis
8.1.5 Recent Developments
8.1.6 Analyst Overview
8.2 Crown Holdings Inc
8.3 DS Smith Plc
8.4 Amcor plc
8.5 Berry Global Inc.
8.6 Orora Ltd
8.7 Owens-Illinois Inc
8.8 Ardagh Group S.A
8.9 Ball Corporation
8.10 CPMC Holdings Ltd
9. Market Outlook & Investment Opportunities
Appendix
List of Tables
List of Figures

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Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.

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MarketDataForecast
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MarketDataForecast
www.marketdataforecast.com
Phone: 81217 75951
Email: sales@marketdataforecast.com
3rd floor, Trendz Park, Jain Rock Garden Rd, Vittal Rao Nagar, Madhapur, Hyderabad, Telangana 500081

Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.

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