Food Packaging Market – Global Opportunities & Forecast, 2020-2027

The GMI Research’s market research report is a professional and in-depth study on the current state of the market, which covers numerous aspects of the industry, such as the market size, market status, market trends, and forecast. The market report also offers brief information related to the competitors and the specific growth opportunities with key market drivers.

The Food Packaging Market drivers and trends are as follows:

The major factor contributing to the growth of the food packaging market include the changing consumption pattern of consumers, growing urban population, especially in the developing countries driven by the rapid shift in the lifestyle. Moreover, the strong demand for ready-to-eat and frozen food products due to the increasing working population and the retail sector’s expansion will further boost the demand of the market during the forecast period. Various technological advancement in the food packaging industry such as introduction of smart packaging wherein the packaging changes color if the food is contaminated and the advent of micro packaging is accelerating the market growth. Numerous research & development activities for creating attractive innovations in the packaging method will attract new consumer base into the market.

The food packaging solution provides remarkable benefits such as the extended shelf life of the products, improved safety level of food products, and increased convenience. In addition to this, the inclination of consumers towards sustainable and environment-friendly packaging and rising concerns for food safety and food contamination is thriving innumerable growth opportunities for the market. The factors that are hindering the growth of the global food packaging market include the adverse effects of the packaging materials and rising concerns related to the generation of waste.

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Key Benefits of the Report:

• This report offers an analytical depiction of the food packaging market while providing the current trends and future estimations to determine the imminent investment pockets.
• This study illustrates every relevant information, including the market drivers, restraints, and emerging opportunities, followed by a detailed analysis of the food packaging market share.
• The report also provides a detailed food packaging market analysis based on competitive intensity and how the competition will take shape over the next six years.

Various companies covered in the Food Packaging Market report:

• Ball Corporation
• Amcor Ltd
• Nuconic Packaging LLC
• Crown Holdings, Inc.
• Sealed Air Corp.
• Rock-Tenn Company
• Tetra Pak International S.A.
• Owens-Illinois Inc.
• Silgan Holdings, Inc.
• Toyo Seikan Group Holdings, Ltd

Segmentation of the Food Packaging Market:

Breakup by Material:

• Rigid Plastic
• Paper & Board
• Glass
• Flexible Plastic
• Metal
• Other Packaging Material

Breakup by Type:

• Flexible Packaging
• Rigid Packaging
• Semi-Rigid Packaging

Breakup by Application:

• Bakery & Confectionery
• Dairy Products
• Fruits & Vegetables
• Convenience Foods
• Sauces, Dressings & Condiments
• Meat, Fish, & Poultry
• Other Food Products

Breakup by Region:

• North America
  • United States of America
  • Canada
• Asia Pacific
  • China
  • Japan
  • India
  • Rest of APAC
• Europe
  • United Kingdom
  • Germany
  • France
  • Spain
  • Rest of Europe
• RoW
  • Brazil
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of the world (remaining countries of the LAMEA region)

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