Market Overview:
The global produce packaging 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 fruits and vegetables due to changing lifestyles and rising awareness about health benefits of consuming fruits and vegetables. In addition, the growing trend of online grocery shopping is also contributing to the growth of the produce packaging market. The corrugated paper segment is expected to dominate the global produce packaging market in terms of revenue share during 2018-2030. This can be attributed to its properties such as high strength, durability, and recyclability which make it suitable for use in packing perishables such as fruits and vegetables.
Product Definition:
Produce packaging is the process of enclosing or protecting produce in a container or packaging material. The purpose of produce packaging is to protect the produce from physical and environmental damage, and to extend its shelf life.
Corrugated Paper:
Corrugated paper is made from wood pulp and is used in the packaging of produce such as fruits, vegetables, and meat. It offers several advantages over traditional materials such as lightweight, high strength which makes it suitable to be used in long haul transportation of goods. Corrugated boards are manufactured by steam injection molding process where the raw material (wood chips) is placed inside a metal container (the corrugator).
Plastic:
Plastic is a synthetic material that can be categorized as a derivative of crude oil. It is produced in numerous varieties, some of which are polyvinyl chloride (PVC), polypropylene (PP), high-density polyethylene (HDPE), low-density polyethylene (LDPE) and linear low-density Polyethylene(LLDPE). The most commonly used type of plastic for packaging purposes is PP owing to its superior barrier properties.
Application Insights:
The fruits and vegetables application segment accounted for the largest revenue share of over 40% in 2017. The demand for fresh produce is constantly rising due to the growing population and high standard of living in developing countries such as India, China, Vietnam, Indonesia, etc. Moreover, increasing consumer preference for home delivery services is expected to boost industry growth over the forecast period.
The Asia Pacific region has a well-established network of import/export companies that provide logistics support for millions of square feet worth shipments from various parts of world including North America and Europe. This factor along with an increase in per capita spending power among consumers from developing countries will drive industry growth over the forecast period.
Regional Analysis:
Asia Pacific dominated the global produce packaging market in 2017. The region is expected to maintain its dominance over the forecast period as well. This can be attributed to increasing consumption of fruits and vegetables, along with a rise in disposable income among consumers. Furthermore, an increase in foreign investments coupled with favorable government policies are anticipated to boost industry growth over the next eight years.
The Asia Pacific has been witnessing strong economic growth on account of rapid industrialization and urbanization resulting from high population growth rates across countries such as China, India, Thailand.
Growth Factors:
- Increasing demand for fresh fruits and vegetables
- Rising disposable income of consumers
- Proliferation of supermarkets and retail stores
- Growing trend of convenience foods
- Advancement in packaging technologies
Scope Of The Report
Report Attributes
Report Details
Report Title
Produce Packaging Market Research Report
By Type
Corrugated Paper, Plastic, Tray, Other
By Application
Fruits, Vegetables
By Companies
Amcor, Berry, International Paper, Mondi, Sealed Air, Smurfit Kappa Group
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
170
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Produce Packaging Market Report Segments:
The global Produce Packaging market is segmented on the basis of:
Types
Corrugated Paper, Plastic, Tray, Other
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
Fruits, Vegetables
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
- Berry
- International Paper
- Mondi
- Sealed Air
- Smurfit Kappa Group
Highlights of The Produce Packaging 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:
- Corrugated Paper
- Plastic
- Tray
- Other
- By Application:
- Fruits
- Vegetables
- 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 Produce Packaging 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?
Produce packaging is the outer wrapping or container that a produce item comes in. It can be made from a variety of materials, including paper, plastic, and metal.
Some of the key players operating in the produce packaging market are Amcor, Berry, International Paper, Mondi, Sealed Air, Smurfit Kappa Group.
The produce packaging market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Produce Packaging 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 Produce Packaging Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Produce Packaging 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 Produce Packaging 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 Produce Packaging Market Size & Forecast, 2020-2028
4.5.1 Produce Packaging Market Size and Y-o-Y Growth
4.5.2 Produce Packaging 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 Corrugated Paper
5.2.2 Plastic
5.2.3 Tray
5.2.4 Other
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 Fruits
6.2.2 Vegetables
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Produce Packaging 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 Produce Packaging 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 Corrugated Paper
9.6.2 Plastic
9.6.3 Tray
9.6.4 Other
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 Fruits
9.10.2 Vegetables
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 Corrugated Paper
10.6.2 Plastic
10.6.3 Tray
10.6.4 Other
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 Fruits
10.10.2 Vegetables
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 Corrugated Paper
11.6.2 Plastic
11.6.3 Tray
11.6.4 Other
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 Fruits
11.10.2 Vegetables
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 Corrugated Paper
12.6.2 Plastic
12.6.3 Tray
12.6.4 Other
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 Fruits
12.10.2 Vegetables
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 Corrugated Paper
13.6.2 Plastic
13.6.3 Tray
13.6.4 Other
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 Fruits
13.10.2 Vegetables
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 Produce Packaging Market: Competitive Dashboard
14.2 Global Produce Packaging Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Amcor
14.3.2 Berry
14.3.3 International Paper
14.3.4 Mondi
14.3.5 Sealed Air
14.3.6 Smurfit Kappa Group
