Global Fresh Food Packaging Market, By Package Material (Polyethylene, Polypropylene, Paper, Aluminium, BOPET, Poly-Vinyl Chloride and Others), Pack Type (Flexible Pack, Converted Roll Stock, Gusseted Bags, Flexible Paper, Corrugated Box, Boxboard, Cans and Others), Application (Meat & Meat Products, Vegetables, Seafood, Fruits 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 2028
Fresh food packaging market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to grow by USD 112.62 billion at a CAGR of 3.15% in the above-mentioned forecast period. Rising demand for fresh food and their extended shelf-life the market has been directly impacting the growth of fresh food packaging market.
Fresh food packaging is one way to create food for all activities while handling and delivering. Packing is used to protect fresh food from environmental conditions or physical damage. It also provides information about ingredients, its amount of healthy food, and instructions for maintaining quality and fresh food. The need for light snacks associated with longer shelf life has led to the need for food packaging. Modern food packaging offers complete protection, distraction and biological safety, and counterfeit resistance. It usually carries a food information label and additional facts about the edible product offered for sale. The emergence of packages or labels has helped retailers to attract potential buyers to purchase food items. Packaging continues to play an important role in ensuring customer satisfaction and information transfer. Food packaging dictates how the product should be used; relocation; reused, discarded among others.
Rising demand for fresh packaged and labelled food with no tampering to the products is a driving factor for the growth of fresh food packaging market. Growing awareness amongst the people about the products they are consuming and the effects that they have on the environment is also a driving factor for the fresh food packaging market. Increase in disposable income of the world has led to a rise in the demand for better quality, fresh food products is an opportunity for the fresh food packaging market.
The rise in counterfeit packaging and products and the waste disposal system of the manufacturers during the production and packaging process has led to an overhaul of government regulations for the product which is the main challenge for the fresh food packaging market. However, cheap local products and their supply has taken a major market share of the fresh food packaging market is a restraint in growth of fresh food packaging market during the forecast period of 2021-2028.
This fresh food packaging market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised 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, geographic expansions, technological innovations in the market. To gain more info on Data Bridge Market Research fresh food packaging market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Fresh Food Packaging Market Scope and Market Size
Fresh food packaging market is segmented on the basis of package material, pack type and application. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- Based on package material, the fresh food packaging market is segmented into polyethylene, polypropylene, paper, aluminium, BOPET, poly-vinyl chloride and others.
- Fresh food packaging market has also been segmented based on pack type into flexible pack, converted roll stock, gusseted bags, flexible paper, corrugated box, boxboard, cans and others.
- Based on application, the fresh food packaging market is segmented into meat & meat products, vegetables, seafood, fruits and others.
Fresh Food Packaging Market Country Level Analysis
Fresh food packaging market is analysed and market size insights and trends are provided by country, package material, pack type and application as referenced above.
The countries covered in the fresh food packaging market report are 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 Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the fresh food packaging market due to rising demand for packaged foods coupled with rising health consciousness among consumers from China and India. Prevalence of airborne diseases in countries such as China and India coupled with increasing disposable income of the consumers in these highly populated countries is also a factor for the market, while North America is expected to grow at the highest growth rate in the forecast period of 2021 to 2028 due to increasing awareness about global warming and growing concerns about environment coupled with the availability of solutions like eco-friendly packaging in U.S.
The country section of the fresh food packaging market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts 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, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Fresh Food Packaging Market Share Analysis
Fresh food packaging market competitive landscape provides details by 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 fresh food packaging market.
The major players covered in the fresh food packaging market report Amcor Limited, Mondi, Coveris, Smurfit Kappa, DuPont, International Paper, DS Smith, Silgan Holdings Inc., WestRock Company, Sealed Air, Ultimate Packaging Ltd., Temkin International Inc., Greenyard, Berry Global Inc., Packaging Corporation of America, Sonoco Products Company, American Packaging Corporation, Jabil Inc., ITC Limited, Innovia Films, Graham Packaging Company, BASF SE, Ampacet Corporation, Printpack, Bomarko Inc., Graphic Packaging International LLC, Schur Flexibles Holding GesmbH, Klöckner Pentaplast among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.