Market Overview:
The global food packaging material market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for packaged food and rising awareness about hygiene and sanitation. In terms of type, the metal can packaging segment is expected to lead the market during the forecast period, owing to its properties such as durability, recyclability, and resistance against corrosion. In terms of application, the drink segment is projected to lead the market during the forecast period owing to its growing demand for convenience foods across regions.
Product Definition:
Food packaging material is a material that is used to package food. The most common food packaging materials are plastic, paper, and metal. Food packaging materials are important because they protect the food from contamination and spoilage.
Metal Can Packaging:
Metal can packaging is a method of food packaging in which metal cans are used as the primary material. Metal cans have been used for decades as a standard form of food packaging. However, with changing lifestyles and increasing consumer preference towards single serve meals, there has been an increase in demand for flexible or pocket-friendly packaged foods. This trend has led to an increase in demand for plastic-based packages that can be consumed on the go.
Glass Bottle Packaging:
Glass bottles are widely used in the food packaging industry. They are preferred over other packaging materials owing to properties such as recyclability, reusability, and aesthetic appeal. Glass bottles can be recycled endlessly without losing their quality or strength. This makes glass bottle a green product by nature which is highly preferable in the food & beverage market for packaging purpose.
Application Insights:
The drink application segment led the global food packaging material market in 2017. This is attributed to increasing demand for packaged beverages, especially alcoholic drinks such as beer and wine. Furthermore, growing consumption of carbonated soft drinks (CSD) is expected to drive the demand for packaging materials in this segment over the forecast period.
The dairy products segment accounted for a significant share of 15.3% in 2017 owing to high product penetration and innovation in milk pouches and cartons among other flexible containers used for dairy products such as cheese and yogurt among others which are highly portable making them convenient snacks or meals on-the-go.
Regional Analysis:
North America dominated the global market in 2017, accounting for a share of more than 30.0%. The region is expected to maintain its dominance over the forecast period as well. This can be attributed to increasing consumption of packaged food and rising demand for convenience foods among consumers in this region. Europe accounted for a significant share in terms of volume as well as revenue and is expected to grow at an estimated CAGR of XX% from 2018 to 2030 owing to growing population coupled with rising disposable income especially after the economic recession that occurred during 2009-’10 fiscal year in this region which has led people prefer packaged food over home cooked ones thus leading towards increased demand for packaging materials such as corrugated boxes, Kraft paper bags, clear plastic wrap etc.
Asia Pacific is anticipated to witness substantial growth over the forecast period owing both volume and price trends across major markets including China, India, Japan.
Growth Factors:
- Increasing demand for convenience food: The growing trend of fast-food and ready-to-eat meals is driving the demand for food packaging materials. Food packaging protects the food from contamination and helps in preserving its freshness, flavor, and nutritional value.
- Rising awareness about hygiene: Consumers are becoming more aware about the importance of hygiene and are demanding safe and hygienic food packaging solutions. This is driving the growth of the food packaging material market.
- Growing popularity of eco-friendly materials: There is a growing demand for eco-friendly materials in the food packaging industry as consumers are becoming increasingly conscious about environmental issues. This is contributing to the growth of the market for sustainable food packaging materials.
Scope Of The Report
Report Attributes
Report Details
Report Title
Food Packaging Material Market Research Report
By Type
Metal Can Packaging, Glass Bottle Packaging, Paper Container Packaging, Plastic Packaging, Others
By Application
Drink, Dairy Products, Meat Food, Vegetable and Fruit, Others
By Companies
Amcor, WestRock, Sealed Air, EasyPak, Tetra Pak, Crown Holdings, DuPont, Constantia Flexibles, Multivac
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
173
Number of Tables & Figures
122
Customization Available
Yes, the report can be customized as per your need.
Global Food Packaging Material Market Report Segments:
The global Food Packaging Material market is segmented on the basis of:
Types
Metal Can Packaging, Glass Bottle Packaging, Paper Container Packaging, Plastic Packaging, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Drink, Dairy Products, Meat Food, Vegetable and Fruit, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Amcor
- WestRock
- Sealed Air
- EasyPak
- Tetra Pak
- Crown Holdings
- DuPont
- Constantia Flexibles
- Multivac
Highlights of The Food Packaging Material Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Metal Can Packaging
- Glass Bottle Packaging
- Paper Container Packaging
- Plastic Packaging
- Others
- By Application:
- Drink
- Dairy Products
- Meat Food
- Vegetable and Fruit
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Food Packaging Material Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Food packaging material is the materials used to package food products for sale. It can be anything from paper and plastic to metal cans and boxes.
Some of the key players operating in the food packaging material market are Amcor, WestRock, Sealed Air, EasyPak, Tetra Pak, Crown Holdings, DuPont, Constantia Flexibles, Multivac.
The food packaging material market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Food Packaging Material Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Food Packaging Material Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Food Packaging Material Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Food Packaging Material Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Food Packaging Material Market Size & Forecast, 2020-2028
4.5.1 Food Packaging Material Market Size and Y-o-Y Growth
4.5.2 Food Packaging Material Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Metal Can Packaging
5.2.2 Glass Bottle Packaging
5.2.3 Paper Container Packaging
5.2.4 Plastic Packaging
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Drink
6.2.2 Dairy Products
6.2.3 Meat Food
6.2.4 Vegetable and Fruit
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Food Packaging Material Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Food Packaging Material Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Metal Can Packaging
9.6.2 Glass Bottle Packaging
9.6.3 Paper Container Packaging
9.6.4 Plastic Packaging
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Drink
9.10.2 Dairy Products
9.10.3 Meat Food
9.10.4 Vegetable and Fruit
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Metal Can Packaging
10.6.2 Glass Bottle Packaging
10.6.3 Paper Container Packaging
10.6.4 Plastic Packaging
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Drink
10.10.2 Dairy Products
10.10.3 Meat Food
10.10.4 Vegetable and Fruit
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Metal Can Packaging
11.6.2 Glass Bottle Packaging
11.6.3 Paper Container Packaging
11.6.4 Plastic Packaging
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Drink
11.10.2 Dairy Products
11.10.3 Meat Food
11.10.4 Vegetable and Fruit
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Metal Can Packaging
12.6.2 Glass Bottle Packaging
12.6.3 Paper Container Packaging
12.6.4 Plastic Packaging
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Drink
12.10.2 Dairy Products
12.10.3 Meat Food
12.10.4 Vegetable and Fruit
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Metal Can Packaging
13.6.2 Glass Bottle Packaging
13.6.3 Paper Container Packaging
13.6.4 Plastic Packaging
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Drink
13.10.2 Dairy Products
13.10.3 Meat Food
13.10.4 Vegetable and Fruit
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Food Packaging Material Market: Competitive Dashboard
14.2 Global Food Packaging Material Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Amcor
14.3.2 WestRock
14.3.3 Sealed Air
14.3.4 EasyPak
14.3.5 Tetra Pak
14.3.6 Crown Holdings
14.3.7 DuPont
14.3.8 Constantia Flexibles
14.3.9 Multivac
