Food Packaging Market Set To Rise in the Period from 2016-2022

Global Food Packaging Market Information by Material (Glass, Paper & Paperboard, Plastic, and Metal), by Type (Bottles, Cans, Pouches, Boxes, and Others) by Application (Bakery & Confectionery, Dairy, Meat, Fruits & Vegetables, and others) and Region - Forecast to 2022

Market Synopsis of Food Packaging Market

Packaging means an enclosure of products in various types of formats such as wrapped pouch, box, can and others. Food packaging is the largest segment in the packaging industry. As food falls under the consumable goods category, packaging plays very important role to protect, preserve, and avoid contamination from biological elements. Food packaging standards has also been designed in order to ease smooth distribution, transportation, storage, and delivery. The growth in population with increasing disposable income towards food product is the major factor which drives the market of food packaging. Moreover, large consumption of packaged food due to the instant preparatory method and reduced cooking time are some of the factors which drive the market. The global food packaging market size is expected to show staggering growth during the forecast period.

Regional Analysis of Global Food Packaging Market

Asia pacific is referred as the largest & fastest growing market for food packaging, followed by Europe & North America. Asia Pacific is leading the global food packaging market due to the enormous demand for healthy food products in order to fulfill the fueling requirement from the increasing population. Developments in packaging standard and technological innovations such as smart packaging methods as well as food quality inclined towards packaged food are further augmenting the market growth. Whereas, Europe takes second place in the food packaging market. Factors such as emergence of eco-friendly packaging technologies, which are inexpensive and manufactured from recycled material are driving the market in Europe.

Key Players

The key players of global food packaging market report include- Amcor Limited, Coveris Holdings S.A, Smurfit Kappa Group, E. I. du Pont de Nemours and Company, Mondi Plc, Bemis Company, Inc., International Paper Company, D.S. Smith Plc, Silgan holdings Inc., and RockTenn Company.

The report for Global Food Packaging Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

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