Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Food Packing Material Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 3.7% during the review period (2022 to 2027).
Food Packing Material Market Overview
Changing lifestyles and alternative eating habits are expected to boost demand for convenience food products, thus positively contributing to the industry demand. Factors such as convenience and the use of high-performance materials are expected to aid the industry growth. Improved shelf-life, coupled with heightened efficiency in the prevention of content contamination, is expected to boost the growth of the industry. In addition, factors such as increasing population, rising disposable income, and shrinking households have a positive impact on the industry growth. An increasing number of foodservice suppliers is expected to drive the market as they digitalize their operations. Convenient payment modes, coupled with the ease of choosing food items based on taste and health preferences, are contributing to the growth of food service providers, which, in turn, drives the market for Food Packing Material.
Recent Developments:
Unilever launches its most powerful and sustainable laundry capsules yet
28/07/2022: Unilever’s biggest laundry brand, Dirt Is Good (also known as Persil, Skip and OMO), has introduced the newly designed capsule to help decarbonise the laundry process whilst delivering top cleaning performance. The new capsules are packaged in a plastic-free, cardboard container, a move set to prevent over 6,000 tonnes of plastic entering the waste stream every year, the equivalent in weight to 500 double-decker buses.
Who are the Major Players in Food Packing Material Market?
The global Food Packing Material includes identification and analysis of the various market participants competing in the global market. Prominent competitors include Storopack, Eredi Caimi S.r.l., Cagdas Kagit, Deve Pack, Cellpak. Koziatek Zdzlslaw, Delfort Germany GMBH, LC PAPER, Andreas Th. Bausch GMBH & CO. KG, Papeterie De Mandeure, Innova Supply & Services GMBH, Kharkov Himprom LTD, Signode Denmark Aps - FRÜHER LACHENMEIER, Protek Group, ROTOFIL, Loesch Verpackungstechnik GMBH CO. KG, DoECO Packaging, INIPRESS Spa, YÖM VAKUM AMBALAJ, Foshan City Nanhai Harvest Plastic CO., LTD, SÄNTIS PACKAGING AG, Volutex, GÜNTER WITZ AG, Polyer LLC and many others
What are the major Applications, Types and Regions for Food Packing Material Market?
Food Packing Material Market is segmented based on the type, applications, companies and regions.
By Type, it is segmented into
- Straw Paper
- Kraft Paper
- Greaseproof Paper
- Plastic
- Others
By Application it is segmented into
- Cooked Food Packing Industry
- Pastry Packing Industry
- Beverage Packing Industry
- Others
Food Packing Material Market Regional Analysis
North America accounted for a considerable share in 2021. The shift in consumer preferences toward meat alternatives along with the growing vegan population is anticipated to open new growth avenues for the Food Packing Material companies as Beyond Meat; AMY’s Kitchen Inc.; and Morning Star Farms are companies witnessing considerable growth over the past few years, aiding the growth of the market.
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Middle East & Africa
- Latin America
What is our Food Packing Material Market report scope?
Report Attributes
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Report Details
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Forecast Period 2022 to 2027 CAGR
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CAGR of 3.7% during the review period (2022 to 2027).
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By Type
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- Straw Paper
- Kraft Paper
- Greaseproof Paper
- Plastic
- Others
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By Application
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- Cooked Food Packing Industry
- Pastry Packing Industry
- Beverage Packing Industry
- Others
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By Companies
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Storopack, Eredi Caimi S.r.l., Cagdas Kagit, Deve Pack, Cellpak. Koziatek Zdzlslaw, Delfort Germany GMBH, LC PAPER, Andreas Th. Bausch GMBH & CO. KG, Papeterie De Mandeure, Innova Supply & Services GMBH, Kharkov Himprom LTD, Signode Denmark Aps - FRÜHER LACHENMEIER, Protek Group, ROTOFIL, Loesch Verpackungstechnik GMBH CO. KG, DoECO Packaging, INIPRESS Spa, YÖM VAKUM AMBALAJ, Foshan City Nanhai Harvest Plastic CO., LTD, SÄNTIS PACKAGING AG, Volutex, GÜNTER WITZ AG, Polyer LLC
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Regions Covered
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- North America
- Europe
- Asia-Pacific
- Rest of the World
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Countries Covered
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- US
- Canada
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- Latin America
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Base Year
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2022
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Historical Year
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2017 to 2021
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Forecast Year
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2022 to 2027
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Number of Pages
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129
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Customization Available
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Yes, the report can be customized as per your needs
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Key Takeaways from this Food Packing Material Report
- Evaluate Food Packing Material market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
- Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.
- Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.
- Analyze the sales and distribution channels across geographies to enhance top-line revenues.
- Market share held by each application segment with respect to the market renumeration and sales estimates over the forecast timeline are stated in the report.
- Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.
- Get a quick outlook on the Food Packing Material market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
- Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.
- It further investigates the specifics that are positively impacting the profit graph of this business sphere.
- The study also elaborates the critical factors which will augment the commercial terrain of the Food Packing Material market.
Frequently Asked Questions
What is the study period of this market?
The Food Packing Material Market is studied from 2017 - 2027.
What is the growth rate of Food Packing Material Market?
The Food Packing Material Market is growing at a CAGR of 3.7% over the next 5 years.
Who are the leading key players in Food Packing Material Market?
Storopack, Eredi Caimi S.r.l., Cagdas Kagit, Deve Pack, Cellpak. Koziatek Zdzlslaw, Delfort Germany GMBH, LC PAPER, Andreas Th. Bausch GMBH & CO. KG, Papeterie De Mandeure, Innova Supply & Services GMBH, Kharkov Himprom LTD, Signode Denmark Aps - FRÜHER LACHENMEIER, Protek Group, ROTOFIL, Loesch Verpackungstechnik GMBH CO. KG, DoECO Packaging, INIPRESS Spa, YÖM VAKUM AMBALAJ, Foshan City Nanhai Harvest Plastic CO., LTD, SÄNTIS PACKAGING AG, Volutex, GÜNTER WITZ AG, Polyer LLC
What regions does this Food Packing Material Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Food Packing Material Market?
Straw Paper, Kraft Paper, Greaseproof Paper, Plastic, Others
What are the significant Applications of Food Packing Material Market?
Cooked Food Packing Industry, Pastry Packing Industry, Beverage Packing Industry, Others
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
