Global Food Packaging Market Size Study, by Material, by Product Type, by Packaging Type, by Application, by End-user, and Regional Forecasts 2022-2032

Description

The Global Food Packaging Market was valued at approximately USD 479.73 billion in 2023 and is anticipated to grow with a CAGR of 6.05% during the forecast period from 2024 to 2032. Food packaging is a critical segment in the global food value chain, serving not only as a medium for preservation but also as a catalyst for branding and consumer engagement. It plays an essential role in ensuring food safety, extending shelf life, and supporting sustainability. With growing concerns over food waste and consumer demand for eco-friendly solutions, the industry is undergoing transformative shifts.

The market is witnessing rapid growth driven by innovations in biodegradable materials, smart packaging technologies, and personalization trends. Sustainability is at the forefront, with manufacturers leveraging advanced materials such as biodegradable plastics and recyclable paper to align with global environmental standards. The expanding quick-service restaurant industry, coupled with a booming e-commerce sector, is further accelerating demand for durable and visually appealing packaging solutions. Despite these advancements, challenges such as fluctuating raw material prices and compliance with stringent regulations are projected to moderate the growth pace.

Emerging trends in smart packaging, such as QR codes and RFID tags for traceability and freshness indicators, are redefining consumer interaction with food products. Furthermore, the rise in demand for premium and convenience food items is creating significant opportunities for flexible and semi-rigid packaging solutions. Packaging innovations tailored to specific product categories, such as resealable pouches for bakery products and vacuum-sealed wraps for meat, are gaining traction among food manufacturers and end-users alike.

Regionally, North America leads the global food packaging market, underpinned by robust e-commerce infrastructure, high disposable incomes, and stringent food safety regulations. Europe follows closely, benefiting from a strong focus on recycling and a mature retail ecosystem. Meanwhile, the Asia-Pacific region is expected to exhibit the fastest growth rate, driven by the burgeoning population, urbanization, and increasing penetration of online food delivery platforms. Developing countries in this region, particularly China and India, are at the forefront of market expansion due to a growing middle-class population and rising disposable incomes.

Major market players included in this report are:

Amcor Plc
Sealed Air Corporation
Mondi Group
Ball Corporation
Tetra Pak International S.A.
Crown Holdings, Inc.
WestRock Company
Smurfit Kappa Group
International Paper Company
DS Smith Plc
Huhtamaki Oyj
Graphic Packaging International, LLC
Stora Enso Oyj
Berry Global Group, Inc.
Oji Holdings Corporation

The detailed segments and sub-segment of the market are explained below:

By Material:

Glass
Metal
Paper & Paperboard
Plastic
Non-biodegradable
Biodegradable
Wood

By Product Type:

Rigid
Semi-rigid
Flexible

By Packaging Type:

Bags & Pouches
Films & Wraps
Stick Packs & Sachets
Bottles & Jars

By Application:

Fruits & Vegetables
Bakery & Confectionery
Dairy Products
Meat, Poultry & Seafood
Sauces, Dressings & Condiments

By End-user:

Quick Service Restaurants
Cafes & Kiosks
Full Service Restaurants
Chain Restaurants

By Region:

North America:

U.S.
Canada

Europe:

UK
Germany
France
Spain
Italy
Rest of Europe

Asia-Pacific:

China
India
Japan
Australia
South Korea
Rest of Asia-Pacific

Latin America:

Brazil
Mexico

Middle East & Africa:

Saudi Arabia
South Africa
Rest of Middle East & Africa

Years considered for the study are as follows:

Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

In-depth market estimates and forecasts spanning 10 years.
Regional analysis offering insights into macro and micro-level trends.
Comprehensive evaluation of competitive dynamics, including strategies and market shares of major players.
Identification of emerging trends, growth opportunities, and potential challenges shaping the market landscape.
Analysis of demand and supply drivers to assist stakeholders in informed decision-making.

Chapter 1. Global Food Packaging Market Executive Summary

1.1. Global Food Packaging Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Material
- 1.3.2. By Product Type
- 1.3.3. By Packaging Type
- 1.3.4. By Application
- 1.3.5. By End-user
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Food Packaging Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory Frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Food Packaging Market Dynamics

3.1. Market Drivers
- 3.1.1. Rising Demand for Eco-friendly Packaging
- 3.1.2. Growth in E-commerce and Retail Industries
- 3.1.3. Regulatory Support for Sustainable Practices
3.2. Market Challenges
- 3.2.1. Fluctuating Raw Material Costs
- 3.2.2. Competition from Alternative Packaging Materials
3.3. Market Opportunities
- 3.3.1. Innovations in Smart Packaging Technologies
- 3.3.2. Expansion into Emerging Markets
- 3.3.3. Increasing Investments in Sustainable Packaging Solutions

Chapter 4. Global Food Packaging Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Food Packaging Market Size & Forecasts by Material 2022-2032

5.1. Segment Dashboard
5.2. Global Food Packaging Market: Material Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 5.2.1. Glass
- 5.2.2. Metal
- 5.2.3. Paper & Paperboard
- 5.2.4. Plastic
  - Non-biodegradable
  - Biodegradable
- 5.2.5. Wood

Chapter 6. Global Food Packaging Market Size & Forecasts by Product Type 2022-2032

6.1. Segment Dashboard
6.2. Global Food Packaging Market: Product Type Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 6.2.1. Rigid
- 6.2.2. Semi-rigid
- 6.2.3. Flexible

Chapter 7. Global Food Packaging Market Size & Forecasts by Packaging Type 2022-2032

7.1. Segment Dashboard
7.2. Global Food Packaging Market: Packaging Type Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 7.2.1. Bags & Pouches
- 7.2.2. Films & Wraps
- 7.2.3. Stick Packs & Sachets
- 7.2.4. Bottles & Jars

Chapter 8. Global Food Packaging Market Size & Forecasts by Application 2022-2032

8.1. Segment Dashboard
8.2. Global Food Packaging Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 8.2.1. Fruits & Vegetables
- 8.2.2. Bakery & Confectionery
- 8.2.3. Dairy Products
- 8.2.4. Meat, Poultry & Seafood
- 8.2.5. Sauces, Dressings & Condiments

Chapter 9. Global Food Packaging Market Size & Forecasts by End-user 2022-2032

9.1. Segment Dashboard
9.2. Global Food Packaging Market: End-user Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 9.2.1. Quick Service Restaurants
- 9.2.2. Cafes & Kiosks
- 9.2.3. Full Service Restaurants
- 9.2.4. Chain Restaurants

Chapter 10. Global Food Packaging Market Size & Forecasts by Region 2022-2032

10.1. North America Food Packaging Market
- 10.1.1. U.S. Food Packaging Market
  - 10.1.1.1. Material Breakdown Size & Forecasts, 2022-2032
  - 10.1.1.2. Product Type Breakdown Size & Forecasts, 2022-2032
- 10.1.2. Canada Food Packaging Market
  - 10.1.2.1. Material Breakdown Size & Forecasts, 2022-2032
  - 10.1.2.2. Product Type Breakdown Size & Forecasts, 2022-2032
10.2. Europe Food Packaging Market
- 10.2.1. UK Food Packaging Market
- 10.2.2. Germany Food Packaging Market
- 10.2.3. France Food Packaging Market
- 10.2.4. Spain Food Packaging Market
- 10.2.5. Italy Food Packaging Market
- 10.2.6. Rest of Europe Food Packaging Market
10.3. Asia-Pacific Food Packaging Market
- 10.3.1. China Food Packaging Market
- 10.3.2. India Food Packaging Market
- 10.3.3. Japan Food Packaging Market
- 10.3.4. Australia Food Packaging Market
- 10.3.5. South Korea Food Packaging Market
- 10.3.6. Rest of Asia-Pacific Food Packaging Market
10.4. Latin America Food Packaging Market
- 10.4.1. Brazil Food Packaging Market
- 10.4.2. Mexico Food Packaging Market
- 10.4.3. Rest of Latin America Food Packaging Market
10.5. Middle East & Africa Food Packaging Market
- 10.5.1. Saudi Arabia Food Packaging Market
- 10.5.2. South Africa Food Packaging Market
- 10.5.3. Rest of Middle East & Africa Food Packaging Market

Chapter 11. Competitive Intelligence

11.1. Key Company SWOT Analysis
- 11.1.1. Amcor Plc
- 11.1.2. Sealed Air Corporation
- 11.1.3. Mondi Group
11.2. Top Market Strategies
11.3. Company Profiles
- 11.3.1. Amcor Plc
  - 11.3.1.1. Key Information
  - 11.3.1.2. Overview
  - 11.3.1.3. Financial (Subject to Data Availability)
  - 11.3.1.4. Product Summary
  - 11.3.1.5. Market Strategies
- 11.3.2. Sealed Air Corporation
- 11.3.3. Mondi Group
- 11.3.4. Ball Corporation
- 11.3.5. Tetra Pak International S.A.
- 11.3.6. Crown Holdings, Inc.
- 11.3.7. WestRock Company
- 11.3.8. Smurfit Kappa Group
- 11.3.9. International Paper Company
- 11.3.10. DS Smith Plc

Chapter 12. Research Process

12.1. Research Process
- 12.1.1. Data Mining
- 12.1.2. Analysis
- 12.1.3. Market Estimation
- 12.1.4. Validation
- 12.1.5. Publishing
12.2. Research Attributes