Global Fresh Food Packaging Market Share, Trends and Analysis - Forecasts to 2026 By Material (Polyethylene, Polypropylene, Paper, Aluminum, BoPET, Poly-Vinyl Chloride, Others), By Pack Type (Converted Roll Stock, Gusseted Bags, Flexible, Corrugated Box, Boxboard, Cans, Others), By Application (Meat Products, Vegetables, Seafood, Fruit, Others), By Region (North America, Asia-Pacific, Middle East and Africa, CSA, Europe), End-User Landscape and Company Market Share Analysis and Competitor Analysis
Fresh Food Packaging Market Insights
The fresh food packaging market is estimated to bear an unexpectedly soaring growth during the forecast period. The role of packaging fresh food is gaining momentum in the market and the requirements for certain packaging are being evaluated to cater to the consumer’s changing preference for sustainable packaging and the food industry rising costs. The variety of containers used for transporting, marketing, and handling the fresh produce are hampers, crates, bulk bins, basked and cartons among others. Ongoing development and production in the United States market will act as a propeller of the market.
The industrial needs and obligation towards the use of biodegradable and recyclable packaging will shape the market growth. As the biggest consumers of fresh produce are also inclined towards the environmental challenges and issues, so biodegradable packaging can help the market to gain steady momentum. The market is sorting to other methods to increase its market value by way of using quality graphics on the packaged materials and different techniques like color printing, multi-color printing, and logos which are extensively and commonly used leading the market towards a higher trajectory path.
The greater inclination towards bulk packages for wholesaler would lead the market to greater opportunities in the aforementioned period.
Fresh Food Packaging Market: By Material
The material domain of the market consists of paper, boPET, polypropylene, and aluminum among others. The polypropylene would grow upwards in this market. Commercially used polypropylene is regarded as the safest plastic. Added to its safety, the plastic is FDA approved and is commonly used in materials/food containers that hold cheese, yogurt, and butter products. BoPET too would have a command on the market growth as a food packaging material, they are used to enhance the appeal, extension of the product, and long shelf life.
Fresh Food Packaging Market: By Pack Type
Given the pack type, the subdivision includes gusseted bags, corrugated boxes, converted roll stock, and boxboards among others. The corrugated box segment is estimated to be growing at high levels in this market as compared to the cardboard. The corrugated material is lightweight and resilient. The material is also moisture, shock, and sudden temperature proof leading to the safe delivery of the package from retailer to the consumer. The sustainability and low cost of the corrugated boxes add to the segment’s high usage in the market.
Fresh Food Packaging Market: By Application
Based on the application, the divisions of the market include meat products, seafood, fruits, vegetables, and others. The rising meat products consumption in the Asia Pacific region and North America would act as a market propeller for the sustainable packaging of the perishable product. The polyvinylidene chloride, polyester, and cellulose films are generally used for the meat products packaging as they are not that permeable to oxygen.
Fresh Food Packaging Market: By Region
Based on the regional study, North America would emerge out as a dominating player. The rising production of packages in the United States market and rising consumption of packed food in the U.S. market would act as a propeller for the fresh produce packaging market. Asia Pacific would be growing at a fast speed in the market owing to changing lifestyle statements, and growing consumer preference towards recyclable packaging.
Market Share and Competitive Analysis
Key players operating in the market include Asian Flexipack, Sealed Air Corporation, International Paper Company, Smurfit Kappa, Crawford Packaging, Victory Packaging, ULMA Packaging, NNZ Packaging, Klockner Pentaplast, Amcor PLC, DS Smith PLC, WestRock Company, Silgan Holding Inc, FRUIT Logistica, CT Pack, and Coveris among others
Please note: This is not an exhaustive list of companies profiled in the report.
In June 2020, Cascades Fresh Packaging launched a new packaging line of fresh fruits and vegetables.
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The Global Fresh Food Packaging Market has been studied from the year 2017 till 2026. However, the CAGR provided in the report is from the year 2018 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.
The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Fresh Food Packaging Market.
The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.
Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the companies and customer analytics.
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