Report ID: SQMIG15F2163
Report ID:
SQMIG15F2163 |
Region:
Global |
Published Date: March, 2024
Pages:
181
|
Tables:
88 |
Figures:
73
Global 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 global produce packaging industry has experienced steady growth over the past decade, as substrate choices change, expansion of new markets and ownership improvements Continued emphasis will be placed on sustainability and products with environmental emphasis, especially in developed countries, and the market has already seen a lot of growth.
Food packaging including fruits and vegetables has grown tremendously in the last few years. Food packaging can now do more than just keep food fresh to technology and innovation. In addition, eco-friendly materials used, interactive packaging and UV protection of food packaging can help for fruits and vegetables increasing consumer appeal, expanding food information, and extending the shelf life of fruits and vegetables are some of the most recent trends in food packaging.
Increasing urbanization, modernization and globalization are driving the packaging market value. Increasing all-channel transportation of food grains, vegetables and fruits, packaging capabilities in research processes and development of flexible packaging solutions will provide produce packaging market value has risen again. Increased R&D activity, increased awareness of the availability of environmentally friendly packaging solutions, increased demand for convenience foods due to changes in lifestyle and in new consumption hence, increasing technological advancement in packaging and technology, e-commerce. Growth of companies and increasing concern of consumers about contamination and food safety are other factors that drive packaging the goods market shares the growth.
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Report ID: SQMIG15F2163