Introduction
The food packaging market is growing with the increasing demand for packaged food. The reasons for the growth include the following
1. Increase in urban population leading to increased food consumption and more people buying packaged food and takeaway.
2. today’s consumers tend to buy more packaged foods.
3. increased consumption of processed foods and takeaways
4. The demand for the longer shelf life of food
As a result, there are opportunities in the food packaging industry today.
Let’s take a look at the food market from all different angles.
Today’s Food Packaging Market
The global food packaging market is expected to exceed $338 billion.
On the other hand, the development of food packaging products has never stopped meeting the needs of customers.
The global food packaging market size is estimated at USD 339.63 billion by 2022, growing at a CAGR of 5.1% during the forecast period. Changing dietary habits and fast-paced lives are driving factors for consumers who want convenience when shopping – all leading to increased demand for products with longer shelf life and high barrier properties so customers can trust what’s inside their packaging!
The U.S. market for plastic, metal, and glass packaging is expected to grow as more and more of the urban population prefers single-serve packaged foods.
Among the many factors, packaging materials play a decisive role.
Food Packaging Market by Material
Generally speaking, the popular materials for food packaging products today are mainly
1. paper and cardboard
2. rigid and flexible plastics
3. glass
4. Metal
1. the current food packaging market paper and cardboard
Paper packaging materials have become one of the favorite packaging products. In fact, more and more people are adopting paper and paper-based packaging products. After all, paper bags and cartons enjoy a reputation as a household name for biodegradable solutions.
Because of this, many expect the packaging market for paper and paper-based materials to grow.
Flexible packaging is the fastest-growing segment, growing at a CAGR of about 6.0% from 2020 to 2027 due to its ability to form thinner, lighter, and more compact packages.
2, the current food packaging market rigid plastics and soft plastics
For a long time, plastic material packaging products occupy a pivotal position in the packaging industry. Although traditional plastic packaging materials are not as environmentally friendly as paper packaging materials. Nevertheless, they are today in many ways on the service line. After all, the low price has brought them a group of fans, which has kept them popular until now.
Plastic packaging products have unique advantages over other products. For example, they are excellent at sealing and waterproofing, as you can see for yourself.
In addition, the use of environmentally friendly technologies has extended the life cycle of plastic materials. With recyclable, biodegradable, and compostable features.
Want to learn more about biodegradability and compostability? Also, read more about biodegradable packaging.
3, the current food packaging market glass
The popularity of food glass packaging is undeniable. The material has high performance in terms of preservation and its non-corrosive nature makes it safe for use with most chemicals or other substances that could damage products made from plastic containers.
All these properties make it an ideal packaging material for food preservation and direct food contact.
As a result, the glass materials segment is expected to reach $43.5 billion by 2027.
4、The current food packaging market in metal
Food metal packaging? At first glance, it may seem strange. But think twice and you may find them common and familiar – often cans are used to store canned foods, such as meat or fish (or fruit).
Metal packaging stands out among other products for its ability to extend the shelf life of foods and maintain their nutrition. As a result, the market in metal packaging is not growing as fast as the other areas mentioned above.
Applications
If you look at the packaging market by application segment. You will probably find a wide range of uses for packaging solutions in the following industries.
1. Bread and confectionery
2. Dairy products
4. Meat and seafood
1. Bread and confectionery
Bread and confectionery need to be packaged with high-performance moisture-resistant materials. Because moisture is a killer for bakery and confectionery products, this will significantly shorten their shelf life.
At the same time, price is another key factor to consider. Flexible packaging has excellent moisture resistance. It is less expensive compared to paper and metal materials and has a lightweight feature.
Most importantly, flexible packaging has advantages over other packaging solutions.
2、Dairy products
Dairy products are probably a necessity for every household. The continuous demand for dairy products is driving the growth of the packaging market.
On the other hand, the design of the packaging is becoming more and more attractive to customers. Sometimes, you may pick up a bottle of milk or a piece of yogurt because of their attractive packaging.
And all these actions undoubtedly contribute to the market growth of packaged products in the dairy industry.
3. Fruits and vegetables
The fruit and vegetable packaging segment has been growing recently. One of the major reasons for this may be the increase in health awareness.
In order to get more vitamins in your daily meals, you want to go to the supermarket and buy some fruits. You want them to come in a clean bag, preferably made of environmentally friendly materials. Because you want to keep your food in a protected place, not exposed for hours in a public place.
Now you realize that you are one of the contributors to the growing market share of fruit and vegetable packaging.
4. Meat and seafood
The growing demand for meat and seafood has led to the growth of the packaging market in this area. With the exception of dairy products, you probably need them every day, unless you are a vegetarian or vegan.
In addition, meat is one of the things you’ll typically find in popular recommendations for healthy eating habits.
For all these reasons, the packaging market for meat and seafood is growing rapidly.
Regional Diversity
1. the Asia Pacific
2. North America
3. Europe
I. Asia Pacific Food Packaging Market
The Asia Pacific is expected to be the largest market by 2022, accounting for 50% of the total market share.
Among the countries in the region, China is the largest contributor. Chinese consumers have more purchasing power today due to the increase in the middle-class population.
Meanwhile, India is the fastest growing market due to the increased use of food packaging products.
2, North American food packaging market
When it comes to North America, the growth of the packaging market is more the result of the booming retail industry. The massive consumption of packaged food is another reason for the growth of the market.
3, the European food packaging market
The European food packaging market is expected to show a positive trend. Although the domestic market has reached saturation levels.
The region’s export business will largely drive another growth in the packaging industry. One of the main reasons is Europe’s free trade policy.
Paper Food Packaging – Trends
The paper packaging market has been growing rapidly due to various factors.
Among other reasons, the general habit of buying environmentally friendly products is key. More and more people and industries are using and producing paper-based food packaging.
Why? Because paper food packaging has many benefits. Being friendly to the environment is one of the crucial ones.
1. Paper packaging environmental protection
For a long time, the misuse of plastic has greatly damaged the environment. And it’s still going on today!
If you take the initiative, you can easily find evidence of it by simply looking around your community or town – as people living on the planet, we all have a responsibility to maintain it, because our living conditions would probably be better without this type of pollution.
As a result, more and more consumers are looking for ways to improve the environment. They are doing their best to seek environmentally friendly products and reduce the use of non-biodegradable materials. The adoption of paper-based food packaging is testimony to this.
2. Paper packaging is multifunctional
The paper packaging you see today is very different from what you used to see in the past. Thanks in part to modern technology and improvements, this type is becoming stronger and stronger, while also remaining durable over time! You may find that your cardboard boxes remain upright after handling several heavy loads.
Plus, they’re recyclable. After the main paper material has completed its task on the front line, the remaining pieces continue to be recycled. Waste paper is the raw material for fiberboard, paper bags, wrapping paper, and many other products.
In addition, many companies are adopting and developing paper bottles as containers for coffee, soft drinks, and other beverages.
Today, you can easily find paper coffee cups when you try to drink coffee in many coffee shops.
Using paper bags to protect dry foods such as coffee, tea and spices are becoming more and more common. The paper material stays fresh because it “keeps breathing”
All in all, this trend in paper packaging continues and may become a competitive option for other packaging solutions.
3. Paper packaging is lighter
Because of its lightweight, transporting large quantities of goods packed in paper packaging requires less energy.
Today’s paper packaging can handle more situations than in the past, which allows paper containers to not only stay on the service line longer but also to provide better protection for your cargo.
This means less need for additional cargo loads when shipping this way, allowing you to save money!
As the trend continues, you’ll discover even more benefits of paper packaging solutions.
Conclusion
The packaging industry is gaining more opportunities due to the growing trend of the global packaging market. Companies that deal with paper-based packaging and other environmental concerns are likely to reap the greatest benefits.
Despite the constant changes, the market winners always share a common character. They never stop growing and show more care in our communities.
When it comes to the environment, PrimePac continues to do its best.
Paper-based food packaging in PrimePac
We contribute through our ongoing investment in our paper food packaging line. primePac has built a reputation among our customers through creative design and the use of modern technology.
Click to learn more about our paper packaging products. Customers use our paper-based packaging solutions in a variety of applications. Food and beverage, health care, and pet care are the most common.
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