Food Packaging Market: By Material, By Packaging, Product Type, By Application and Region Forecast 2019-2030

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Food Packaging Market Size, Share, Growth, Trends, and Global Industry Analysis: By Material (Paper & Paper-based, Plastics, Metal, Glass, Others), By Packaging (Rigid, Semi Rigid, Flexible), Product Type (Cans, Converted Roll Stock, Gusseted Box, Corrugated Box, Others), By Application (Bakery & Confectionary, Dairy Products, Fruits & Vegetables, Meat, Poultry, & Seafood, Sauces & Dressings, Others) and Region Forecast 2019-2030

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Food Packaging Market size was valued at US$ 426.2 billion in 2023, and poised to grow at a significant CAGR of 7.5% from 2024 to 2030. This market provides a comprehensive overview, segmented by Material Type, Packaging Type, Product Type, and Application. Material Type categories include Paper & Paper-based, Plastics, Metal, Glass, and Others, with the paper & paper-based segment expected to be both the largest and fastest-growing. Packaging Type divisions consist of Rigid, Semi-Rigid, and Flexible, with the Rigid segment projected to experience the most rapid growth from 2024 to 2030.

In terms of Product Type, it is categorized into Cans, Converted Roll Stock, Gusseted Box, Corrugated Box, and Others, with the Cans segment holding the largest share in 2023, while Converted Roll Stock ranks second during the forecast period. As for Application, the market is divided into Bakery & Confectionary, Dairy Products, Fruits & Vegetables, Meat, Poultry, & Seafood, Sauces & Dressings, and Others, with the dairy products segment expected to lead and witness the highest CAGR during the forecast period, according to Precision Business Insights.

Food Packaging Market Key Developments

  • In April 2022, Mondi Group plc launched two new recyclable packaging products - PerFORMing Monoloop and Mono Formable PP a paper-based tray and a semi-rigid plastic tray that will provide high barrier food protection.

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Food Packaging Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

7.5%

Largest Market

Asia Pacific

Fastest Growing Market

North America

Food Packaging Market Dynamics

Factors such as convenience and use of high-performance material are expected to aid the industry growth. Improved shelf-life, coupled with heightened efficiency in the prevention of content contamination are expected to boost the growth of the market in the future.

Food Packaging Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market Size in 2023

US$ 426.2 billion

Market CAGR

7.5%

By Material Type

  • Paper & Paper-based
  • Plastics
  • Metal
  • Glass
  • Others

By Packaging

  • Rigid
  • Semi Rigid
  • Flexible

By Product Type

  • Cans
  • Converted Roll Stock
  • Gusseted Box
  • Corrugated Box
  • Others

By Region

  • North America (U.S., Canada)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
  • Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
  • Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

Key Features of the Report

  • The food packaging market report provides granular level information about the market size, regional market share, historic market (2019 - 2023), and forecast (2024 - 2030)
  • The report covers in-detail insights about the competitor's overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
  • The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter's Five Force Analysis in addition to recent technology advancements and innovations in the market

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Frequently Asked Questions

The global food packaging market size was valued at US$ 426.2 billion in 2023 and is projected to grow at a CAGR of 7.5% from 2024 to 2030.

The major players in the market are Amcor Ltd., Tetra Pak International S.A., Sealed Air Corp., Smurfit Kappa Group plc., Mondi Limited, Berry Global Group, and Crown Holdings Inc., WestRock Company, Middleby Corporation, Ball Corporation.

North America is the fastest-growing region for the market

One of the threats to the acute market is the increasing concern and regulations related to environmental sustainability and the reduction of plastic waste.

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Author

Sravani

Sravani is a proficient Business Analyst with an MBA and a background in Computer Science, with seven years of expe.....

1. Executive Summary
2. Global Food Packaging Market Introduction
2.1. Global Food Packaging Market - Taxonomy
2.2. Global Food Packaging Market - Definitions
2.2.1. Material Type
2.2.2. Packaging Type
2.2.3. Material Type
2.2.4. Application
2.2.5. By Region
3. Global Food Packaging Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Food Packaging Market Dynamic Factors - Impact Analysis
3.6. Global Food Packaging Market - Competition Landscape
4. Global Food Packaging Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030
4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Food Packaging Market, By Material Type, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.1. Paper & Paper-based
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. Plastics
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
5.3. Metal
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.3.3. Market Opportunity Analysis
5.4. Glass
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.4.3. Market Opportunity Analysis
5.5. Others
5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.5.3. Market Opportunity Analysis
6. Global Food Packaging Market, By Packaging Type, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
6.1. Rigid
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Semi-Rigid
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
6.3. Flexible
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.3.3. Market Opportunity Analysis
7. Global Food Packaging Market, By Product Type, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
7.1. Cans
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. Converted Roll Stock
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
7.3. Gusseted Box
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.3.3. Market Opportunity Analysis
7.4. Corrugated Box
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.4.3. Market Opportunity Analysis
7.5. Boxboard
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.5.3. Market Opportunity Analysis
7.6. Others
7.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
7.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.6.3. Market Opportunity Analysis
8. Global Food Packaging Market, By Application, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
8.1. Bakery & Confectionary
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.1.3. Market Opportunity Analysis
8.2. Dairy Products
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.2.3. Market Opportunity Analysis
8.3. Fruits & Vegetables
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.3.3. Market Opportunity Analysis
8.4. Meat, Poultry, & Seafood
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.4.3. Market Opportunity Analysis
8.5. Sauces & Dressings
8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.5.3. Market Opportunity Analysis
8.6. Others
8.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
8.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.6.3. Market Opportunity Analysis
9. Global Food Packaging Market Forecast, By Region, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
9.1. North America
9.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
9.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.1.3. Market Opportunity Analysis
9.2. Europe
9.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
9.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.2.3. Market Opportunity Analysis
9.3. Asia-Pacific
9.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
9.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.3.3. Market Opportunity Analysis
9.4. Latin America
9.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
9.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.4.3. Market Opportunity Analysis
9.5. Middle East and Africa
9.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
9.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.5.3. Market Opportunity Analysis
9.6. Global Food Packaging Market - Opportunity Analysis Index, By Material Type, By Packaging Type, By Product Type, By Application, and Region, 2024 - 2030
10. North America Food Packaging Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
10.1. Material Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.1.1. Paper & Paper-based
10.1.2. Plastics
10.1.3. Metal
10.1.4. Glass
10.1.5. Others
10.2. Packaging Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.2.1. Rigid
10.2.2. Semi Rigid
10.2.3. Flexible
10.3. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.3.1. Cans
10.3.2. Converted Roll Stock
10.3.3. Gusseted Box
10.3.4. Corrugated Box
10.3.5. Others
10.4. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.4.1. Bakery & Confectionary
10.4.2. Dairy Products
10.4.3. Fruits & Vegetables
10.4.4. Meat, Poultry, & Seafood
10.4.5. Sauces & Dressings
10.4.6. Others
10.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.5.1. USA
10.5.2. Canada
10.6. North America Food Packaging Market - Opportunity Analysis Index, By Material Type, By Packaging Type, By Product Type, By Application, and Country, 2024 - 2030
10.7. North America Food Packaging Market Dynamics - Trends
11. Europe Food Packaging Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
11.1. Material Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.1.1. Paper & Paper-based
11.1.2. Plastics
11.1.3. Metal
11.1.4. Glass
11.1.5. Others
11.2. Packaging Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.2.1. Rigid
11.2.2. Semi Rigid
11.2.3. Flexible
11.3. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.3.1. Cans
11.3.2. Converted Roll Stock
11.3.3. Gusseted Box
11.3.4. Corrugated Box
11.3.5. Others
11.4. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.4.1. Bakery & Confectionary
11.4.2. Dairy Products
11.4.3. Fruits & Vegetables
11.4.4. Meat, Poultry, & Seafood
11.4.5. Sauces & Dressings
11.4.6. Others
11.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.5.1. Germany
11.5.2. UK
11.5.3. France
11.5.4. Spain
11.5.5. Italy
11.5.6. Rest of Europe
11.6. Europe Food Packaging Market - Opportunity Analysis Index, By Material Type, By Packaging Type, By Product Type, By Application, and Country, 2024 - 2030
11.7. Europe Food Packaging Market Dynamics - Trends
12. Asia-Pacific Food Packaging Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
12.1. Material Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.1.1. Paper & Paper-based
12.1.2. Plastics
12.1.3. Metal
12.1.4. Glass
12.1.5. Others
12.2. Packaging Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.2.1. Rigid
12.2.2. Semi Rigid
12.2.3. Flexible
12.3. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.3.1. Cans
12.3.2. Converted Roll Stock
12.3.3. Gusseted Box
12.3.4. Corrugated Box
12.3.5. Others
12.4. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.4.1. Bakery & Confectionary
12.4.2. Dairy Products
12.4.3. Fruits & Vegetables
12.4.4. Meat, Poultry, & Seafood
12.4.5. Sauces & Dressings
12.4.6. Others
12.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.5.1. China
12.5.2. India
12.5.3. Japan
12.5.4. ASEAN
12.5.5. Australia & New Zealand
12.5.6. Rest of Asia-Pacific
12.6. Asia-Pacific Food Packaging Market - Opportunity Analysis Index, By Material Type, By Packaging Type, By Product Type, By Application, and Country, 2024 - 2030
12.7. Asia-Pacific Food Packaging Market Dynamics - Trends
13. Latin America Food Packaging Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
13.1. Material Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.1.1. Paper & Paper-based
13.1.2. Plastics
13.1.3. Metal
13.1.4. Glass
13.1.5. Others
13.2. Packaging Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.2.1. Rigid
13.2.2. Semi Rigid
13.2.3. Flexible
13.3. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.3.1. Cans
13.3.2. Converted Roll Stock
13.3.3. Gusseted Box
13.3.4. Corrugated Box
13.3.5. Others
13.4. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.4.1. Bakery & Confectionary
13.4.2. Dairy Products
13.4.3. Fruits & Vegetables
13.4.4. Meat, Poultry, & Seafood
13.4.5. Sauces & Dressings
13.4.6. Others
13.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
13.5.1. Brazil
13.5.2. Mexico
13.5.3. Rest of Latin America
13.6. Latin America Food Packaging Market - Opportunity Analysis Index, By Material Type, By Packaging Type, By Product Type, By Application, and Country, 2024 - 2030
13.7. Latin America Food Packaging Market Dynamics - Trends
14. Middle East and Africa Food Packaging Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
14.1. Material Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
14.1.1. Paper & Paper-based
14.1.2. Plastics
14.1.3. Metal
14.1.4. Glass
14.1.5. Others
14.2. Packaging Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
14.2.1. Rigid
14.2.2. Semi Rigid
14.2.3. Flexible
14.3. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
14.3.1. Cans
14.3.2. Converted Roll Stock
14.3.3. Gusseted Box
14.3.4. Corrugated Box
14.3.5. Others
14.4. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
14.4.1. Bakery & Confectionary
14.4.2. Dairy Products
14.4.3. Fruits & Vegetables
14.4.4. Meat, Poultry, & Seafood
14.4.5. Sauces & Dressings
14.4.6. Others
14.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
14.5.1. Gulf Cooperation Council (GCC) Countries
14.5.2. South Africa
14.5.3. Rest of MEA
14.6. MEA Food Packaging Market - Opportunity Analysis Index, By Material Type, By Packaging Type, By Product Type, By Application, and Country, 2024 - 2030
14.7. MEA Food Packaging Market Dynamics - Trends
15. Competition Landscape 
15.1. Strategic Dashboard of Top Market Players
15.2. Company Profiles (Introduction, Financial Analysis, Key Material Types, Key Developments, Strategies, and SWOT Analysis)
15.2.1. Amcor Ltd.
15.2.2. Tetra Pak International S.A.
15.2.3. Sealed Air Corp.
15.2.4. Smurfit Kappa Group plc.
15.2.5. Mondi Limited
15.2.6. Berry Global Group
15.2.7. Crown Holdings Inc.
15.2.8. WestRock Company
15.2.9. Middleby Corporation
15.2.10. Ball Corporation
16. Research Methodology
17. Key Assumptions and Acronyms

Key Market Players

  • Amcor Ltd.
  • Tetra Pak International S.A.
  • Sealed Air Corp.
  • Smurfit Kappa Group plc.
  • Mondi Limited
  • Berry Global Group
  • Crown Holdings Inc.
  • WestRock Company
  • Middleby Corporation
  • Ball Corporation

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