Market Overview:
The global snack food packaging market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The market growth can be attributed to the increasing demand for convenience foods and rising disposable income of consumers across the globe. In terms of type, the paper segment is expected to dominate the global snack food packaging market during the forecast period owing to its environmental friendly nature and low cost as compared to other types of packaging materials such as polypropylene, polyethylene, metal, and polyester. However, in terms of growth rate, the rigid packaging segment is projected to register highest CAGR over 2018-2030 due its growing demand from end-use applications such as confectionery and bakery products.
Product Definition:
Snack food packaging is the process and technology of enclosing food in a package for storage, handling, and distribution. It may be as simple as a bag made of paper or plastic, or it may involve a number of more sophisticated techniques such as vacuum packing.
Paper:
Paper is a material made from cellulose fibers that are extracted from plant materials. Cellulose is an organic compound, which occurs in the plants and animals. The process of making paper is called Papermaking and consists of two major steps: pulping & paper formation. Pulping is the process where wood or any other raw material (bark) is converted into pulp by maceration (mashing with water).
Polypropylene:
Polypropylene is a thermoplastic polymer and is used in the manufacturing of plastic bags, films, bottles & jars. It offers several beneficial properties such as high tensile strength, excellent resistance to solvents & acids and good barrier properties which make it suitable for use in packaging solutions for food products such as snacks.
The global polypropylene market size was valued at USD 33 billion in 2015.
Application Insights:
In 2017, the flexible packaging application segment accounted for a major share in the global snack food ppackaging market. Flexible packaging includes pouches and cans. Pouches are used for snacks such as chips, cookies, chocolate bars and pretzels whereas cans are mostly used for energy & sports drinks.
The rigid packaging segment is expected to witness significant growth over the forecast period owing to its extensive use in the food industry including bakery products such as bread rolls & buns and pastries along with other bakery products such as cakes & pies fillings.
Regional Analysis:
North America dominated the global snack food packaging market in 2017. The region is expected to maintain its position during the forecast period as well. Factors such as changing lifestyles, growing health concerns, and increasing disposable income are contributing towards product demand in this region.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to rising consumer spending on food and beverage products with improved nutritional content and enhanced taste & aroma.
Growth Factors:
- Increasing demand for healthy and convenient snacks: The global snack food packaging market is expected to grow at a CAGR of 5.5% from 2017 to 2025, owing to the increasing demand for healthy and convenient snacks. This is mainly due to the changing lifestyles of people, who are now looking for healthier alternatives to traditional snacks.
- Rising disposable income: Another key growth driver for the global snack food packaging market is rising disposable income, which has led to an increase in spending on convenience foods. This is especially true in developing countries such as China and India, where there is a growing middle class population that prefers snacking over traditional meals.
- Growing popularity of ready-to-eat snacks: The popularity of ready-to-eat (RTE) snacks is another major factor driving the growth of the global snack food packaging market. RTE snacks are easy and convenient to eat on the go, without having to worry about preparation time or clean up afterwards. They are also generally perceived as being healthier than their fried counterparts.
Scope Of The Report
Report Attributes
Report Details
Report Title
Snack Food Ppackaging Market Research Report
By Type
Paper, Polypropylene, Polyethylene, Metal, Polyester, Others
By Application
Flexible packaging, Rigid packaging, Others
By Companies
Sonoco, Sealed Air, Graham, Bemis, American Packaging, Bryce, Swisspack, MJS Packaging
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
159
Number of Tables & Figures
112
Customization Available
Yes, the report can be customized as per your need.
Global Snack Food Ppackaging Market Report Segments:
The global Snack Food Ppackaging market is segmented on the basis of:
Types
Paper, Polypropylene, Polyethylene, Metal, Polyester, 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
Flexible packaging, Rigid packaging, 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:
- Sonoco
- Sealed Air
- Graham
- Bemis
- American Packaging
- Bryce
- Swisspack
- MJS Packaging
Highlights of The Snack Food Ppackaging 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:
- Paper
- Polypropylene
- Polyethylene
- Metal
- Polyester
- Others
- By Application:
- Flexible packaging
- Rigid packaging
- 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 Snack Food Ppackaging 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
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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?
Snack food packaging is a type of packaging used for foods that are meant to be eaten as snacks. This type of packaging often includes a wrapper or box that is designed to keep the food fresh and protect it from damage.
Some of the major players in the snack food ppackaging market are Sonoco, Sealed Air, Graham, Bemis, American Packaging, Bryce, Swisspack, MJS Packaging.
The snack food ppackaging 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 Snack Food Ppackaging 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 Snack Food Ppackaging Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Snack Food Ppackaging 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 Snack Food Ppackaging 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 Snack Food Ppackaging Market Size & Forecast, 2020-2028 4.5.1 Snack Food Ppackaging Market Size and Y-o-Y Growth 4.5.2 Snack Food Ppackaging 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 Paper
5.2.2 Polypropylene
5.2.3 Polyethylene
5.2.4 Metal
5.2.5 Polyester
5.2.6 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 Flexible packaging
6.2.2 Rigid packaging
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Snack Food Ppackaging 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 Snack Food Ppackaging 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 Paper
9.6.2 Polypropylene
9.6.3 Polyethylene
9.6.4 Metal
9.6.5 Polyester
9.6.6 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 Flexible packaging
9.10.2 Rigid packaging
9.10.3 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 Paper
10.6.2 Polypropylene
10.6.3 Polyethylene
10.6.4 Metal
10.6.5 Polyester
10.6.6 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 Flexible packaging
10.10.2 Rigid packaging
10.10.3 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 Paper
11.6.2 Polypropylene
11.6.3 Polyethylene
11.6.4 Metal
11.6.5 Polyester
11.6.6 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 Flexible packaging
11.10.2 Rigid packaging
11.10.3 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 Paper
12.6.2 Polypropylene
12.6.3 Polyethylene
12.6.4 Metal
12.6.5 Polyester
12.6.6 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 Flexible packaging
12.10.2 Rigid packaging
12.10.3 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 Paper
13.6.2 Polypropylene
13.6.3 Polyethylene
13.6.4 Metal
13.6.5 Polyester
13.6.6 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 Flexible packaging
13.10.2 Rigid packaging
13.10.3 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 Snack Food Ppackaging Market: Competitive Dashboard
14.2 Global Snack Food Ppackaging Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sonoco
14.3.2 Sealed Air
14.3.3 Graham
14.3.4 Bemis
14.3.5 American Packaging
14.3.6 Bryce
14.3.7 Swisspack
14.3.8 MJS Packaging