Food Packaging Industry Trends, Opportunities, Growth Analysis and Forecast to 2027
All the vital news, analysis, and commentary curated by our industry experts.
Explore actionable market insights from the ‘Food Packaging Industry’ report provides:
- Multiple data sources forming a comprehensive overview of Packaging within the Food Industry.
- An outline of the usage of different packaging materials across different industries in terms of the number of units, packaging share, and growth rates during 2017–27, in addition to key packaging innovations for key industries in each of the categories analyzed.
- Synopsis of the shift in the utilization of various pack materials across the key sectors in the food packaging market are dairy & soy food, bakery and cereals, dried food, savory snacks, and others.
- Data and analysis including the number of units (millions) and growth rates for five-pack materials viz. rigid plastics, rigid metal, glass, paper & board, flexible packaging, and others.
- Pack sub-type, pack type, closure material, closure type, primary outer material, and primary outer type.
How is the ‘Food Packaging Industry’ report different from other reports in the market?
Businesses need to have a deeper understanding of the market dynamics to gain a competitive edge in the coming decade. Get the report today for valuable insights that will help you to make strategic decisions.
- Manufacturers and retailers seek the latest information on how the market is evolving to formulate their sales and marketing strategies. There is also a 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 for growth within the industry globally.
- The report provides a detailed analysis of the countries in specific regions, covering the key challenges, and future growth opportunities that can help companies gain insight into the country/region-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, which can help companies in revenue expansion.
We recommend this valuable source of information to anyone involved in:
- Food Safety Organizations/ Flexible Packaging Agencies
- Raw Material Manufacturers & Suppliers
- Packaging Recyclers /Packaging Agencies, Associations & Organizations
- Technology Leaders and Startups
- Business Development and Market Intelligence
- Investment Analysts and Portfolio Managers
- Professional Services – Investment Banks, PE/VC firms
- M&A/Investment, Management Consultants, and Consulting Firms
To Get a Snapshot of the Food Packaging Industry Report, Download a Free Report Sample
Food Packaging Industry Report Overview
The food packaging market size was valued at 2.1 trillion units in 2022 and the market is anticipated to witness a growth at a CAGR of more than 2% during 2022-2027. The global food packaging industry volumes were led by the dairy & soy food sector, followed by bakery and cereals in 2022. The prepared meals sector is forecast to register the fastest growth during 2022–27.
Food packaging was majorly influenced by sustainability and personalization. The demand for eco-friendly packaging is on the rise, stimulated by consumers’ increasing focus on sustainability. This encourages producers to adopt recycled and reusable packaging materials. Major food industry manufacturers such as Nestlé, Unilever, and Danone Group have taken initiatives to reduce the impact on the environment during the production process. These brands are also highlighting the recycling process on their product labels with QR codes to educate consumers and become 100% transparent about their carbon footprints. For instance, in January 2023, Nestlé launched its popular KitKat chocolate bars in paper-wrapped packaging in Australia to achieve their sustainability goals.
Food Packaging Industry Outlook 2022-2027 (Trillion Units)
For more insights on the food packaging market forecasts, download a free sample report
The food packaging market report brings together multiple data sources to provide a comprehensive overview of the food packaging industry. The report provides an overview of packaging industry at global level. The analysis also provides a regional overview across five regions—Asia-Pacific, Middle East & Africa, the Americas, Western Europe, and Eastern Europe—highlighting key sectors and growth drivers. Furthermore, the report offers an overview of the usage of different pack materials across food industry in terms of the number of units, packaging share and growth rates during 2017–27, in addition to key packaging innovations for pack materials analyzed. The report also provides an overview of the shift in the utilization of various pack materials across sectors during 2022–27.
|Market Size (2022)||2.1 trillion units|
|Key Segments||· Dairy & Soy Food
· Bakery and Cereals
· Dried Food
· Savory Snacks
|Key Pack Materials||· Rigid Plastics
· Rigid Metal
· Paper & Board
· Flexible Packaging
|Key Region||· Asia-Pacific
· Middle East & Africa
· The Americas
· Western Europe
· Eastern Europe
|Enquire & Decide||Discover the perfect solution for your business needs. Enquire now and let us help you make an informed decision before making a purchase.|
Food Packaging Market Segmentation by Sectors
The key sector in the food packaging market are dairy & soy food, bakery and cereals, dried food, savory snacks, and others. In 2022, the dairy & soy food segment held the largest food packaging market share, followed by bakery and cereals.
Food Packaging Market Analysis by Sector, 2022 (%)
For more insights on the food packaging market sector, download a free sample report
Food Packaging Market Segmentation by Regions
The key regions in the food packaging market are Asia-Pacific, Middle East & Africa, the Americas, Western Europe, and Eastern Europe. In 2022, the Asia-Pacific was the largest region in terms of food packaging, followed by the Americas.
Food Packaging Market Analysis by Regions, 2022 (%)
For more regional insights on the food packaging market, download a free sample report
Food Packaging Market Segmentation by Packaging Materials
The key packaging materials in the food packaging market are flexible packaging, rigid plastics, paper & board, rigid metal, and glass. In 2022, the flexible packaging market was the most consumed pack material, followed by rigid plastics. Furthermore, flexible packaging is anticipated to record the fastest CAGR during 2022–27, followed by glass.
Food Packaging Market Analysis by Packaging Materials, 2022 (%)
For more packaging material insights on the food packaging market, download a free sample report
Key Segments Covered in this Report
Food Packaging Market Packaging Materials Outlook (2017-2027)
- Flexible Packaging
- Rigid Plastics
- Paper & Board
- Rigid Metal
Food Packaging Market Sector Outlook (2017-2027)
- Dairy & Soy Food
- Bakery And Cereals
- Dried Food
- Savory Snacks
Food Packaging Market Regional Outlook (2017-2027)
- Middle East & Africa
- The Americas
- Western Europe
- Eastern Europe
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
Table of Contents
Global Packaging Overview
Market Environment – Global Takeaways
External Packaging Influences
Packaging Innovations in 2022
Packaging Share Change by Material and Food Sectors – Global Overview
Pack Material Market in Food Industry – Global Overview
Pack Materials Market Size and Growth Analysis – Global Overview
Change in share in the Overall Packaging Industry by Regions, 2017-27
Change in Consumption Levels: Regions, 2017-27
Cross Sector Comparison by Pack Material – Global
Pack Material Growth Contribution by Sector (1/2)
Market Environment – Regional Overview
Middle East & Africa Overview
Saudi Arabia Overview
The US Overview
Western Europe Overview
The UK Overview
Eastern Europe Overview
Analysis by Pack Material – Rigid Plastics
Rigid Plastics – Growth analysis by pack type and pack sub type
Rigid Plastics – Growth analysis by closure material and closure type
Rigid Plastics – Growth analysis by primary outer material and primary outer type
Rigid Plastics – Volume by sectors and change in share
Analysis by Pack Material – Rigid Metal
Rigid Metal – Growth analysis by pack type and pack sub type
Rigid Metal – Growth analysis by closure material and closure type
Rigid Metal – Growth analysis by primary outer material and primary outer type
Rigid Metal – Volume by sectors and change in share
Analysis by Pack Material – Paper & Board
Paper & Board – Growth analysis by pack type and pack sub type
Paper & Board – Growth analysis by closure material and closure type
Paper & Board – Growth analysis by primary outer material and primary outer type
Paper & Board – Volume by sectors and change in share
Analysis by Pack Material – Flexible Packaging
Flexible Packaging – Growth analysis by pack type and pack sub type
Flexible Packaging – Growth analysis by closure material and closure type
Flexible Packaging – Growth analysis by primary outer material and primary outer type
Flexible Packaging – Volume by sectors and change in share
Analysis by Pack Material – Glass
Glass – Growth analysis by pack type and pack sub type
Glass – Growth analysis by closure material and closure type
Glass – Growth analysis by primary outer material and primary outer type
Glass – Volume by sectors and change in share
Appendix and Definitions
Frequently asked questions
What was the food packaging market size in 2022?
The food packaging market size was valued at 2.1 trillion units in 2022.
What is the food packaging market growth rate during 2022-2027?
The food packaging market will register a CAGR of more than 2% during 2022-2027.
Which segment accounted for the largest food packaging market share in 2022?
In 2022, the flexible packaging segment dominated the food packaging market share.
Which sector dominated the food packaging market in 2022?
The dairy & soy sector dominated the food packaging market in 2022.
Tel +44 20 7947 2745
Every customer’s requirement is unique. With over 220,000 construction projects tracked, we can create a tailored dataset for you based on the types of projects you are looking for. Please get in touch with your specific requirements and we can send you a quote.
Business Intelligence & Marketing Manager, SAL Heavy Lift
“The GlobalData platform is our go-to tool for intelligence services. GlobalData provides an easy way to access comprehensive intelligence data around multiple sectors, which essentially makes it a one-for-all intelligence platform, for tendering and approaching customers.
GlobalData is very customer orientated, with a high degree of personalised services, which benefits everyday use. The highly detailed project intelligence and forecast reports can be utilised across multiple departments and workflow scopes, from operational to strategic level, and often support strategic decisions. GlobalData Analytics and visualisation solutions has contributed positively when preparing management presentations and strategic papers.”
Market Analyst & Management, Liebherr-Werk
“COVID-19 has caused significant interference to our business and the COVID-19 intelligence from GlobalData has helped us reach better decisions around strategy. These two highlights have helped enormously to understand the projections into the future concerning our business units, we also utilise the project database to source new projects for Liebherr-Werk to use as an additional source to pitch for new business.”
Head of Key Accounts, Saab AB
Your daily news has saved me a lot of time and keeps me up-to-date with what is happening in the market, I like that you almost always have a link to the source origin. We also use your market data in our Strategic Business Process to support our business decisions. By having everything in one place on the Intelligence Center it has saved me a lot of time versus looking on different sources, the alert function also helps with this.
Marketing Intelligence Manager, Portugal Foods
Having used several other market research companies, I find that GlobalData manages to provide that ‘difficult-to-get’ market data that others can’t, as well as very diverse and complete consumer surveys.
Head of Customer Insight and Research, Standard Chartered
Our experience with GlobalData has been very good, from the platform itself to the people. I find that the analysts and the account team have a high level of customer focus and responsiveness and therefore I can always rely on. The platform is more holistic than other providers. It is convenient and almost like a one stop shop. The pricing suite is highly competitive and value for our organisation.
I like reports that inform new segments such as the analysis on generation Z, millennials, the impact of COVID 19 to our banking customers and their new channel habits. Secondly the specialist insight on affluent sector significantly increases our understanding about this group of customers. The combination of those give us depth and breadth of the evolving market.
I’m in the business of answering and helping people make decisions so with the intelligence center I can do that, effectively and efficiently. I can share quickly key insights that answer and satisfy our country stakeholders by giving them many quality studies and primary research about competitive landscape beyond the outlook of our bank. It helps me be seen as an advisory partner and that makes a big difference. A big benefit of our subscription is that no one holds the whole data and because it allows so many people, so many different parts of our organisation have access, it enables all teams to have the same level of knowledge and decision support.
Head of Consumer Sensory Insights, Givaudan
“I know that I can always rely on Globaldata’s work when I’m searching for the right consumer and market insights. I use Globaldata insights to understand the changing market & consumer landscape and help create better taste & wellbeing solutions for our customers in food, beverage and healthcare industries.
Globaldata has the right data and the reports are of very high quality compared to your competitors. Globaldata not only has overall market sizes & consumer insights on food & beverages but also provides insights at the ingredient & flavour level. That is key for B2B companies like Givaudan. This way we understand our customers’ business and also gain insight to our unique industry”
Senior Account Manager, TSYS
GlobalData provides a great range of information and reports on various sectors that is highly relevant, timely, easy to access and utilise. The reports and data dashboards help engagement with clients; they provide valuable industry and market insights that can enrich client conversations and can help in the shaping of value propositions. Moreover, using GlobalData products has helped increase my knowledge of the finance sector, the players within it, and the general threats and opportunities.
I find the consumer surveys that are carried out to be extremely beneficial and not something I have seen anywhere else. They provided an insightful view of why and which consumers take (or don’t) particular financial products. This can help shape conversations with clients to ensure they make the right strategic decisions for their business.
One of the challenges I have found is that data in the payments space is often piecemeal. With GD all of the data I need is in one place, but it also comes with additional market reports that provide useful extra context and information. Having the ability to set-up alerts on relevant movements in the industry, be it competitors or customers, and have them emailed directly to me, ensures I get early sight of industry activity and don’t have to search for news.