Food packaging

The food packaging market will grow by 60.33 billion USD | Amcor Plc and Ardagh Group SA

The 120-page food packaging market report has been segmented by product (flexible plastic, rigid plastic, glass, metal, and others) and geography (APAC, Europe, North America, South America, and MEA).

NEW YORK, December 8, 2021 / PRNewswire / – The food packaging market will face volatility in commodity prices during the forecast period. Unstable commodity prices lead to lower profit margins for sellers as the cost of production increases.

Attractive Opportunities in Food Packaging Market by Product and Geography – Forecast and Analysis 2021-2025

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The food packaging market is expected to grow by $ 60.33 billion from 2020 to 2025. Market growth momentum is expected to accelerate at a CAGR of 3.60%

Food packaging market: main growth drivers

the food packaging market should be motivated by the prevention of food counterfeiting. Packaging can play a key role in tackling counterfeit issues. This technology allows food to be tracked throughout the supply chain. Technologies such as barcodes and radio frequency identification (RFID) tags are used to track food products. Therefore, proper packaging of products is necessary in industry.

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Food packaging market: offers from the main suppliers

  • Amcor Plc: The company offers food packaging for different varieties of food products such as dairy, seafood and others.

  • Ardagh Group SA: The company offers food packaging for different types of food products such as sauces, condiments and spices.

  • Berry Global Group Inc .: The company offers food packaging such as cups, beverage cups and others.

  • COFCO Corp. : The company offers food packaging through its wide range of general food boxes.

  • Crown Holdings Inc .: The company offers food packaging through its wide range of cans such as round cans and more.

Reasons for Buying Food Packaging Market Report:

  • Market CAGR during the forecast period 2021-2025

  • Detailed information on the factors that will contribute to the growth of the food packaging market over the next five years

  • Estimating the size of the food packaging market and its contribution to the parent market

  • Predictions on upcoming trends and changes in consumer behavior

  • The growth of the food packaging market through APAC, Europe, North America, South America, and MEA

  • Market Competitive Landscape Analysis and Detailed Supplier Information

  • Complete details of the factors that will challenge the growth of Food Packaging Market vendors

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Associated reports:

  • Cover Film Market: The lidding film market has been segmented by end user (food and beverage, pharmaceutical, personal care and cosmetic, and others) and geography (North America, Europe, APAC, South America, and MEA). Download a free sample report

  • Green packaging market: The green packaging market has been segmented by product (recyclable, reusable and degradable), by end user (food industry, beverage industry, healthcare industry, personal care industry and others) and by geography (APAC, North America, Europe, South America, and MEA). Download a free sample report

Scope of the food packaging market

Cover of the report

Details

Page number

120

Year of reference

2020

Forecast period

2021-2025

Growth dynamics and CAGR

Accelerate to a CAGR of 3.60%

Market growth 2021-2025

$ 60.33 billion

Market structure

Fragmented

Annual growth (%)

3.10

Regional analysis

APAC, Europe, North America, South America and MEA

Efficient contribution to the market

APAC at 56%

Main consumer countries

United States, China, Germany, India and United Kingdom

Competitive landscape

Leading companies, Competitive strategies, Scope of consumer engagement

Key companies profiled

Amcor Plc, Ardagh Group SA, Berry Global Group Inc., COFCO Corp., Crown Holdings Inc., DS Smith Plc, International Paper Co., OI Glass Inc., Orora Ltd. and Sealed Air Corp.

Market dynamics

Parent Market Analysis, Market Growth Drivers and Obstacles, Analysis of Fast and Slow Growing Segments, Analysis of COVID-19 Impact and Recovery, and Future Consumer Dynamics, Analysis of Market Status for the forecast period

Customization

If our report didn’t include the data you’re looking for, you can reach out to our analysts and customize the segments.

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