Food Packaging Industry Trends, Opportunities, Growth Analysis and Forecast to 2028

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Food Packaging Industry Report Overview

The food packaging volume was 2 trillion units in 2023 and will grow at a CAGR of more than 1% during 2023-2028. Technology, regulations, and convenience are key factors influencing the food packaging market, while sustainability, functionality, and customer engagement are key focus areas.

Food Packaging Industry Outlook, 2023-2028 (Trillion Units)

Food Packaging Industry Outlook, 2023-2028 (Trillion Units)

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The food packaging industry report provides an overview of the different packaging materials’ usage across various sectors in terms of the number of units, packaging share, and growth rates during 2018-2028. The analysis also provides key packaging innovations for key industries in each of the categories analyzed. The report also includes data and analysis for five-pack materials across several sectors.

Market Size (2023) 2 trillion units
CAGR (2023-2028) >1%
Historical Period 2018-2022
Forecast Period 2023-2028
Key Regions ·       Asia-Pacific

·       Middle East & Africa

·       The Americas

·       Western Europe

·       Eastern Europe

Key Pack Materials ·       Rigid Plastics

·       Rigid Metal

·       Paper & Board

·       Flexible Packaging

·       Glass

Key Sectors ·       Dairy & Soy Food

·       Bakery & Cereals

·       Savory Snacks

·       Seasonings, Dressings & Sauces

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Food Packaging Industry Segmentation by Regions

Asia-Pacific was the leading regional segment in the food packaging industry in 2023

The key regions in the food packaging industry are Asia-Pacific, the Middle East & Africa, the Americas, Western Europe, and Eastern Europe. The low production cost and design flexibility of flexible packaging aided the packing material in becoming the most preferred one in Asia-Pacific. The region’s rising population and the resulting growth in food sectors are spurring opportunities for pack materials in the regional food industry.

Food Packaging Industry Analysis by Regions, 2023 (%)

Food Packaging Industry Analysis by Regions, 2023 (%)

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Food Packaging Industry Segmentation by Pack Materials

Flexible packaging was the most consumed pack material in the food packaging industry in 2023

The key pack materials in the food packaging industry are rigid plastics, rigid metal, paper & board, flexible packaging, and glass. The low cost and flexibility of flexible packaging will support its industry growth. The flexibility makes it suitable for multiple shapes and sizes and enables easy closure with a zip-lock. Its lightweight nature reduces transportation costs and improves the efficacy of space utilization. The packing material is also convenient for on-the-go and out-of-home consumption occasions, making it a preferred packaging for consumers.

Food Packaging Industry Analysis by Pack Materials, 2023 (%)

Food Packaging Industry Analysis by Pack Materials, 2023 (%)

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Food Packaging Industry Segmentation by Sectors

The dairy & soy food sector led the food packaging industry in 2023

A few of the key sectors in the food packaging industry are dairy & soy food, bakery & cereals, savory snacks, and seasonings, dressings & sauces, among others. In 2023, dairy & soy food accounted for the highest food packaging market share. A growing demand for flexible packaging materials in the dairy & soy food sector will lead rigid plastics to lose market share during the forecast period. This is because flexible packaging materials align with the consumer preference for convenience and the need of producers to reduce transportation costs.

Food Packaging Industry Analysis by Sectors, 2023 (%)

Food Packaging Industry Analysis by Sectors, 2023 (%)

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Food Packaging Industry – Latest Developments

Calbee partnered with Tosoh and Sanwa Kogyo to design a new eco-friendly packaging film using 50% less plastic than other snack packs. Touted as fully recyclable, the new packaging also claimed to offer an oxygen and water-vapor barrier to maintain the food quality within the packaging.

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Segments Covered in the Report

Food Packaging Industry Regional Outlook (Volume, Trillion Units, 2018-2028)

  • Asia-Pacific
  • Middle East & Africa
  • The Americas
  • Western Europe
  • Eastern Europe

Food Packaging Industry Pack Material Outlook (Volume, Trillion Units, 2018-2028)

  • Rigid Plastics
  • Rigid Metal
  • Paper & Board
  • Flexible Packaging
  • Glass

Food Packaging Industry Sector Outlook (Volume, Trillion Units, 2018-2028)

  • Dairy & Soy Food
  • Bakery & Cereals
  • Savory Snacks
  • Seasonings, Dressings & Sauces

Scope

This report brings together multiple data sources to provide a comprehensive overview of global packaging in the food industry. It includes:

  • An overview of the packaging industry at the global level. The analysis also provides a regional overview across five regions-Asia-Pacific, Middle East and Africa, the Americas, Western Europe, and Eastern Europe-highlighting key sectors and growth drivers.
  • An overview of the pack materials across the sectors in the food industry in select countries in each region.
  • An overview of the usage of different pack materials across different industries in terms of the number of units, packaging share, and growth rates during 2018-2028, in addition to key packaging innovations for leading industries for pack materials analyzed.
  • Data and analysis for five-pack materials viz. rigid plastics, rigid metal, glass, paper & board, flexible packaging, and others (other than the aforementioned five types) during 2018-2028.
  • Pack sub-type, pack type, closure material, closure type, primary outer material, and primary outer type.

Key Highlights

  • Manufacturing and retailers seek latest information on how the market is evolving to formulate their sales and marketing strategies. There is also demand for authentic market data with a high level of detail. This report has been created to provide its readers with up-to-date information and analysis to uncover emerging opportunities of growth within the industry
  • The report provides a detailed analysis of the countries in the region, covering the key challenges and growth analysis, that can help companies gain insight into the country specific nuances
  • The analysts have also placed a significant emphasis on the key trends that drive consumer choice and the future opportunities that can be explored in the region, than can help companies in revenue expansion

Reasons to Buy

  • Manufacturers and retailers seek the latest information on the evolution of the market to formulate their sales and marketing strategies.
  • This report has been created to provide its readers with up-to-date information and analysis to uncover global emerging growth opportunities within the industry.
  • The report provides a detailed analysis of the countries in specific regions, covering key challenges and future growth opportunities that can help companies gain insight into the country/region-specific nuances.
  • The analysts have placed a significant emphasis on the key trends that drive consumer choice and the future opportunities that can be explored in the region, which can help companies in revenue expansion.

Table of Contents

  • 1. Market Environment

    • 1.1. Global Packaging Overview
    • 1.2. Market Environment – Global Takeaways
    • 1.3. External Packaging Influences
    • 1.4. Packaging Innovations in 2023
    • 1.5. Packaging Share Change by Material and Food Sectors – Global Overview
    • 1.6. Pack Material Market in the Food Industry – Global Overview
    • 1.7. Pack Materials Market Size and Growth Analysis – Global Overview
    • 1.8. Change in Share in the Overall Packaging Industry by Regions, 2018–28
    • 1.9. Change in Consumption Levels: Regions, 2018–28
    • 1.10. Cross Sector Comparison by Pack Material – Global
    • 1.11. Pack Material Growth Contribution by Sector

  • 2. Market Environment – Regional Overview

    • 2.1. Asia-Pacific Overview

      • 2.1.1. China Overview
      • 2.1.2. India Overview

    • 2.2. Middle East & Africa Overview

      • 2.2.1. South Arabia Overview
      • 2.2.2. South Africa Overview

    • 2.3. Americas Overview

      • 2.3.1. United States Overview
      • 2.3.2. Brazil Overview

    • 2.4. Western Europe Overview

      • 2.4.1. United Kingdom Overview
      • 2.4.2. Brazil Overview

    • 2.5. Eastern Europe Overview

      • 2.5.1. Poland Overview
      • 2.5.2. Romania Overview

  • 3. Analysis by Pack Material – Rigid Plastics

    • 3.1. Rigid Plastics – Growth Analysis by Pack Type and Pack Sub Type
    • 3.2. Rigid Plastics – Growth Analysis by Closure Material and Closure Type
    • 3.3. Rigid Plastics – Growth Analysis by Primary Outer Material and Primary Outer Type
    • 3.4. Rigid Plastics – Volume by Sectors and Change in Share

  • 4. Analysis By Pack Material – Rigid Metal

    • 4.1. Rigid Metal – Growth Analysis by Pack Type and Pack Sub Type
    • 4.2. Rigid Metal – Growth Analysis by Closure Material and Closure Type
    • 4.3. Rigid Metal – Growth Analysis by Primary Outer Material and Primary Outer Type
    • 4.4. Rigid Metal – Volume By Sectors and Change in Share

  • 5. Analysis By Pack Material – Paper & Board

    • 5.1. Paper & Board – Growth Analysis by Pack Type and Pack Sub Type
    • 5.2. Paper & Board – Growth Analysis by Closure Material and Closure Type
    • 5.3. Paper & Board – Growth Analysis by Primary Outer Material and Primary Outer Type
    • 5.4. Paper & Board – Volume By Sectors and Change in Share

  • 6. Analysis By Pack Material – Flexible Packaging

    • 6.1. Flexible Packaging – Growth Analysis by Pack Type and Pack Sub Type
    • 6.2. Flexible Packaging – Growth Analysis by Closure Material and Closure Type
    • 6.3. Flexible Packaging – Growth Analysis by Primary Outer Material and Primary Outer Type
    • 6.4. Flexible Packaging – Volume By Sectors and Change in Share

  • 7. Analysis By Pack Material – Glass

    • 7.1. Glass – Growth Analysis by Pack Type and Pack Sub Type
    • 7.2. Glass – Growth Analysis by Closure Material and Closure Type
    • 7.3. Glass – Growth Analysis by Primary Outer Material and Primary Outer Type
    • 7.4. Glass – Volume By Sectors and Change in Share

  • 8. Appendix and Definitions

    • 8.1. Appendix
    • 8.2. Definitions

  • 9. Methodology

Table

Global – top contributing sectors, 2022

Global – fastest growing sectors, 2022-27

Pack material market in food industry – global overview

Use of pack material (in billion pack units) by sectors, 2022

Asia-Pacific top contributing sectors, 2022

Asia-Pacific fastest growing sectors, 2022-27

China: fastest growing sectors, 2022-27

China: use of pack material (in billion pack units) by sectors, 2022

India: fastest growing sectors, 2022-27

India: use of pack material (in billion pack units) by sectors, 2022

Middle East & Africa – top contributing sectors, 2022

Middle East & Africa – fastest growing sectors, 2022-27

Saudi Arabia: fastest growing sectors, 2022-27

Saudi Arabia: use of pack material (in billion pack units) by sectors, 2022

Egypt: fastest growing sectors, 2022-27

Egypt: use of pack material (in billion pack units) by sectors, 2022

Americas – top contributing sectors, 2022

Americas – fastest growing sectors, 2022-27

The US: fastest growing sectors, 2022-27

The US: use of pack material (in billion pack units) by sectors, 2022

Brazil: fastest growing sectors, 2022-27

Brazil: use of pack material (in billion pack units) by sectors, 2022

Western Europe – top contributing sectors, 2022

Western Europe – fastest growing sectors, 2022-27

Germany : fastest growing sectors, 2022-27

Germany: use of pack material (in billion pack units) by sectors, 2022

The UK: fastest growing sectors, 2022-27

The UK: use of pack material (in billion pack units) by sectors, 2022

Eastern Europe – top contributing sectors, 2022

Eastern Europe – fastest growing sectors, 2022-27

Türkiye: fastest growing sectors, 2022-27

Türkiye: use of pack material (in billion pack units) by sectors, 2022

Poland: fastest growing sectors, 2022-27

Poland: use of pack material (in billion pack units) by sectors, 2022

Figures

Global – key pack materials by volume (units), 2017 vs 2022 vs. 2027

Packaging share change by material and food sectors – global overview

Pack material market size (in billion pack units) , 2017-27

Pack material growth contribution by sector

Asia-Pacific key pack materials by volume (units), 2017 vs 2022 vs. 2027

Packaging share change by material and food sectors in Asia-Pacific

Growth analysis by food sectors – Asia-Pacific

China: pack material shares

China: share by food sectors

India: pack material shares

India: share by food sectors

Middle East & Africa – key pack materials by volume (units), 2017 vs 2022 vs. 2027

Packaging share change by material and food sectors in Middle East & Africa

Growth analysis by food sectors – Middle East & Africa

Saudi Arabia: pack material shares

Saudi Arabia: share by food sectors

Egypt: pack material shares

Egypt: share by food sectors

Americas – key pack materials by volume (units), 2017 vs 2022 vs. 2027

Packaging share change by material and food sectors in the Americas

Growth analysis by food sectors – Americas

The US: pack material shares

The US: share by food sectors

Brazil: pack material shares

Brazil: share by food sectors

Western Europe – key pack materials by volume (units), 2017 vs 2022 vs. 2027

Packaging share change by material and food sectors in Western Europe

Growth analysis by food sectors – Western Europe

Germany: pack material shares

Germany: share by food sectors

The UK: pack material shares

The UK: share by food sectors

Eastern Europe – key pack materials by volume (units), 2017 vs 2022 vs. 2027

Packaging share change by material and food sectors in Eastern Europe

Growth analysis by food sectors – Eastern Europe

Türkiye: pack material shares

Türkiye: share by food sectors

Poland:pack material shares

Poland: share by food sectors

Frequently asked questions

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