Global Produce Packaging Market

Produce Packaging Market Size, Share, Growth Analysis, By Material(Plastic, Paper and Paperboards and Others), By Type(Corrugated Boxes, Bags and Liners, Plastic Containers, and Others), By Application(Fruits and Vegetables), By Region - Industry Forecast 2024-2031


Report ID: SQMIG15F2163 | Region: Global | Published Date: March, 2024
Pages: 181 | Tables: 88 | Figures: 73

Produce Packaging Market Regional Insights

The North America region is expected to dominate the global packaging market during the forecast period owing to the high adoption of flexible packaging solutions by various industries. North America has achieved higher volume due to increased investment in R&D for new product development. On the other handful factors manage higher packaging market share in developed countries development such as the US. and within Canada are stringent regulations established by regulatory agencies for food safety.

Asia Pacific will have the highest growth rate due to increasing manufacturing volumes, growth and expansion of various end-user verticals, rapid technological advancement and increasing disposable income of individuals. Asia Pacific has the largest share of Size in the packaging industry. Then comes North America and then Europe in third place. Asia-Pacific is expected to hold the leading position by 2025. The most important factors for the dominance of this region are the increasing volume of fresh fruits and vegetables produced in this region Countries such as India and China and they contribute greatly to the production of new crops. The demand is also expected to increase further during the forecast period.

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Produce Packaging Market size was valued at USD 37.47 billion in 2022 and is poised to grow from USD 39.01 billion in 2023 to USD 53.8 billion by 2031, growing at a CAGR of 4.1% in the forecast period (2024-2031).

The competitive environment of the Produce Packaging market is dynamic and characterized by the presence of a mix of well-established brands, emerging players, and niche producers. Established organizations within the industry leverage techniques inclusive of product innovation, strategic partnerships, and mergers and acquisitions to strengthen their market position. Additionally, the market is witnessing elevated opposition from local and neighborhood producers supplying cost-powerful options. 'Altana AG', 'Asahi Kasei Corp.', 'BASF SE', 'BioTio Industries', 'Carlfors Bruk AB', 'DIC Corp.', 'FX Pigments Pvt. Ltd.', 'Hefei Sunrise Aluminium Pigments Co. Ltd.', 'Metaflake Ltd.', 'Nippon Light Metal Holdings Co. Ltd.', 'SCHLENK SE', 'ShanDong Jie Han Metal Material Co. Ltd.', 'Shanghai Titanos Industry Co. Ltd.', 'Silberline Manufacturing Co. Inc.', 'SMC Minerals and Chemicals', 'SP Colour and Chemicals', 'The Arasan Aluminium Industries P Ltd.'

Hydraulic boxes are multilayer rigid boxes, made of two sheets of paper called liners, glued to a 'bamboo' interior that provides two portions of connecting porches high strength and resistance Corrugated board can be cut and rolled to form a shaped container then printed, run. Cardboard is a viable alternative to many plastics foods packaging with a variety of printing options depending on its thickness and design.

Increasing demand for fruit and vegetable packaging is expected to drive the growth of the packaging market in the food industry. Aluminum, bio-based polyethylene, polypropylene, paperboard and thin PET are used mostly in bottles and bottles. They are recyclable and obviously sustainable when they are made from bio-based polymers. They are suitable for fresh foods like fruits and vegetables. Moreover, Packaging has become an integral part of our daily lives. Packaging should protect foods from outside influences and damage while enhancing freshness and palatability. It is expected that features that help in reducing waste, also help in preserving profitability of products, contribute to delay in storage, improve the quality and maintenance of new products will provide lucrative opportunities for packaging market growth.

The North America region is expected to dominate the packaging market during the forecast period owing to the high adoption of flexible packaging solutions by various industries. North America has achieved higher volume due to increased investment in R&D for new product development. On the other handful factors manage higher packaging market share in developed countries development such as the US. and within Canada are stringent regulations established by regulatory agencies for food safety.

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Global Produce Packaging Market

Report ID: SQMIG15F2163

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