Global Flexible Snack Food Packaging Market, By Product Type (Pouches, Bags, Films and Wraps and Other Product Types), Material (Plastic, Paper/Paperboard, Metal and Glass), Product Weight (Less than 100 gm, 101 gm to 500 gm, 500 gm to 1 kg, 1 kg to 3 kg and Above 3 kg), Application (Chips/ Crisp/ Fries/ Plantain Chip, Nuts and Dry Fruits, Baby Food, Ready-to-Eat Food and Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2029
Market Analysis and Insights Global Flexible Snack Food Packaging Market
The flexible snack food packaging market is expected to witness market growth at a rate of 6.0% in the forecast period of 2022 to 2029 and is expected to reach USD 28,721.14 million by 2029. Data Bridge Market Research report on flexible snack food packaging market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the demand for environmentally-friendly packaging is escalating the growth of flexible snack food packaging market.
Snack food packaging material is known to be advanced in matching the packaging requirements of the snacks food industry. Similarly, expertise lies in making usage of new and efficient technology support to provide highly competitive solutions. Packaging for snack food items plays a substantial role in preserving the product's texture, flavor and quality. Snack food packaging is known to become more popular among people of all age groups, encouraging producers to introduce new and appealing package designs that help to maximize product visibility.
Major factors that are expected to boost the growth of the flexible snack food packaging market in the forecast period are the rise in the disposable personal income and shift in the food consumption patterns around the world. Furthermore, the growing health-conscious and on-the-go customers is further anticipated to propel the growth of the flexible snack food packaging market. Moreover, the increase in the focus on the paper-based packaging is further estimated to cushion the growth of the flexible snack food packaging market. On the other hand, the environmental concerns regarding the usage of plastics such as snack food packaging is further projected to impede the growth of the flexible snack food packaging market in the timeline period.
In addition, the rising number of isolated families will further provide potential opportunities for the growth of the flexible snack food packaging market in the coming years. However, the strict regulations regarding the usage of plastic in the packaging solutions might further challenge the growth of the flexible snack food packaging market in the near future.
This flexible snack food packaging market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on flexible snack food packaging market, contact Data Bridge Market Research for an Analyst Brief, Our team will help you take an informed market decision to achieve market growth.
Global Flexible Snack Food Packaging Market Scope and Market Size
The flexible snack food packaging market is segmented on the basis of product type, material, product weight and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of product type, the flexible snack food packaging market is segmented into pouches, bags, films and wraps and other product types. Plastic has been further sub segmented into polyethylene (PE), polypropylene (PP), polyethylene terephthalate (PET), bioplastics and other plastics.
- On the basis of material, the flexible snack food packaging market is segmented into plastic, paper/paperboard, metal and glass.
- On the basis of product weight, the flexible snack food packaging market is segmented into less than 100 gm, 101 gm to 500 gm, 500 gm to 1 kg, 1 kg to 3 kg and above 3 kg.
- On the basis of application, the flexible snack food packaging market is segmented into chips/ crisp/ fries/ plantain chip, nuts and dry fruits, baby food, ready-to-eat food and others.
Flexible Snack Food Packaging Market Country Level Analysis
The flexible snack food packaging market is analyzed, and market size, volume information is provided by country, product type, material, product weight and application as referenced above.
The countries covered in the flexible snack food packaging market report are the U.S., Canada, and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, rest of the Middle East and Africa (M.E.A.) as a part of the Middle East and Africa (M.E.A.), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the flexible snack food packaging market due to the strict regulations on export of products. Furthermore, the growing need for food industry, past convenience, other features, including sustainability, transparency, food safety, and decrease in the food waste will further boost the growth of the flexible snack food packaging market in the region during the forecast period.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as consumption volumes, production sites, and volumes, import-export analysis, price trend analysis, cost of raw materials, downstream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Flexible Snack Food Packaging Market Share Analysis
The flexible snack food packaging market competitive landscape provides details by a competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to the flexible snack food packaging market.
Some of the major players operating in the flexible snack food packaging market are Amcor plc, Huhtamaki Oyj, Berry Global Group Inc., Constantia Flexibles, Sonoco Products Company, WINPAK LTD., ProAmpac., Pactiv LLC, Swiss Pac Pvt Ltd., O-I Glass, Inc., Pouch Direct Australia, Purity Flexpack Limited., WestRock Company., Logos Packaging, Eagle Flexible Packaging, Glenroy Inc., Sealed Air, Graham Packaging Company, Bemis Company, Inc., and American Packaging Corporation, Bryce Corporation among others.
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