Global Food and Beverage Packaging Market, Forecast to 2030

Global Food and Beverage Packaging Market, Forecast to 2030

Need for More Sustainable and Lighter-weight Packaging Solutions will Support Market Growth Despite Contraction in Material Demand

RELEASE DATE
27-Aug-2019
REGION
North America
Research Code: 9AB8-00-2E-00-00
SKU: FN00011-GL-MR_23393
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Description

Food packaging is a relatively new domain. Only a few decades ago, the most commonly used packaging material was brown paper. Even about 60 years ago, butter, bacon, and biscuits were sold without packaging. Grocers weighed the quantities customers wanted and wrapped the food well enough for it to be transported home safely. Motor and industrial oil products were packaged in metal cans. While some food products were packaged in cans and glass bottles, a huge range of plastics that are now used as packaging materials were earlier unknown and unavailable.

Packaging is now a vital part of the marketing mix. It must be eye-catching for the consumer. Often, at the point of sale, the customer has little to base a purchase decision on, and the attractive and appropriate packaging can influence decision-making. Packaging can also reinforce brand loyalty by prominently presenting brand logos or motifs. Thus, not only does packaging protect the products through the value chain, it also constitutes an intrinsic part of the marketing and presentation of products to end users. Consequently, packaging is important for end users and suppliers alike.

As consumers are increasingly becoming environmentally-conscious, concerns around plastic pollution, in specific, are growing. Viral videos and images of plastic waste affecting marine life and polluting the Mariana Trench have made combating plastic pollution the topmost priority for consumers. Pressure from consumers, employees, and stakeholders is forcing the plastics industry to ensure sustainability and adopt practices that promote a more circular economy.

The global packaging for food and beverage market, recording $320.1 billion in revenue as of 2018, is expected to reach $368.3 billion by 2030 (registering a CAGR of 1.2%). Key drivers of this growth are proliferation of eCommerce, especially in developing countries, and rising prices driven by the use of technologically advanced packaging materials. Grocery items have not been sold extensively through eCommerce platforms due to concerns regarding their freshness and the high cost of transporting refrigerated items. These concerns are being addressed, and growth in this sector is expected to drive the estimated revenue growth in the market.

Volumes of packaging material are expected to decrease slightly during the forecast period. In the near term, volumes are expected to decrease due to the increased demand for lighter-weight and more sustainable packaging solutions. However, growth in the demand for processed food and beverage products will outweigh the lightweighting trend by 2030.

This research service provides insights into the packaging for food and beverage market in terms of global and regional revenues (USD billion) and unit shipments measured by material weight (metric tons). Growth opportunities and insights into the competitive landscape are also provided along with an overview on the major factors influencing market growth, such as technology trends and funding activities. The time frame looked at is from 2015 to 2030. The base year is 2018, and growth forecasts are provided up to 2025. Revenue figures and forecasts in the study are based on packaging material company sales, packaging manufacturing, and sales of other value-adding resellers.

Author: Christopher Shanahan

Table of Contents

Key Findings

Key Findings (continued)

Market Engineering Measurements

Study Scope

Study Scope (continued)

Study Scope (continued)

Key Questions this Study will Answer

Market Overview

Market Overview (continued)

Market Overview (continued)

Market Engineering Measurements

Total Food and Beverage Packaging Market—Revenue and Unit Shipment Forecast

Total Food and Beverage Packaging Market—Revenue and Unit Shipment Forecast Discussion

Total Food and Beverage Packaging Market—Revenue Forecast by Product Type

Total Food and Beverage Packaging Market—Revenue Forecast by Product Type Discussion

Total Food and Beverage Packaging Market—Unit Shipment Forecast by Product Type

Total Food and Beverage Packaging Market—Unit Shipment Forecast by Product Type Discussion

Total Food and Beverage Packaging Market—Unit Shipment Forecast by Region

Total Food and Beverage Packaging Market—Revenue Forecast by Region

Total Food and Beverage Packaging Market—Forecast by Region Discussion

Total Food and Beverage Packaging Market—Unit Shipment Forecast by Application Category

Total Food and Beverage Packaging Market—Revenue Forecast by Application Category

Total Food and Beverage Packaging Market—Competition Snapshot

Total Food and Beverage Packaging Market—Global Leaders

Total Food and Beverage Packaging Market—Global Leaders (continued)

Total Food and Beverage Packaging Market—Global Leaders (continued)

Total Food and Beverage Packaging Market—Global Leaders (continued)

Food Packaging—Focus on Bakery and Cereal

Food Packaging—Focus on Bakery and Cereal (continued)

Food Packaging—Focus on Meat Products

Food Packaging—Focus on Fish and Seafood Products

Food Packaging—Focus on Fruits and Vegetables

Food Packaging—Focus on Frozen and Refrigerated Foods

Food Packaging—Focus on Ice Cream

Food Packaging—Focus on Milk, Cream, and Yogurt

Food Packaging—Focus on Milk, Cream, and Yogurt (continued)

Food Packaging—Focus on Cheese

Food Packaging—Focus on Butter and Margarine

Food Packaging—Focus on Fats and Oils

Food Packaging—Focus on Preserved Foods

Food Packaging—Focus on Snacks and Confectionery

Beverage Packaging

Beverage Packaging (continued)

Beverage Packaging—Focus on Coffee

Flexible Packaging Market—Growth Opportunity Dashboard

Flexible Packaging for Food and Beverage Market—Global Revenue and Unit Shipment Forecast

Flexible Packaging for Food and Beverage Market—Global Forecast Discussion

Flexible Packaging for Food and Beverage Market—Global Revenue Forecast by Product Type

Flexible Packaging for Food and Beverage Market—Global Unit Shipment Forecast by Product Type

Flexible Packaging for Food and Beverage Market—Packaging Materials Discussion: Paperboard

Flexible Packaging for Food and Beverage Market—Packaging Materials Discussion: Flexible Plastic Films

Flexible Packaging for Food and Beverage MarketPackaging Materials Discussion: Flexible Plastic Films (continued)

Flexible Packaging for Food and Beverage MarketPackaging Materials Discussion: Flexible Plastic Films (continued)

Flexible Packaging for Food and Beverage MarketPackaging Materials Discussion: Flexible Plastic Films (continued)

Flexible Packaging for Food and Beverage Market—Packaging Materials Discussion: Flexible Composite Films

Flexible Packaging for Food and Beverage MarketPackaging Materials Discussion: Flexible Composite Films (continued)

Flexible Packaging for Food and Beverage Market—Unit Shipment Forecast by Region

Flexible Packaging for Food and Beverage Market—Revenue Forecast by Region

Flexible Packaging for Food and Beverage Market—Forecast by Region Discussion

Flexible Packaging for Food and Beverage Market—Revenue Forecast by Application Category

Flexible Packaging for Food and Beverage Market—Unit Shipment Forecast by Application Category

Rigid Plastic Packaging for Food and Beverage Market—Growth Opportunity Dashboard

Rigid Plastic Packaging for Food and Beverage Market—Global Revenue and Unit Shipment Forecast

Rigid Plastic Packaging for Food and Beverage Market—Global Forecast Discussion

Rigid Plastic Packaging for Food and Beverage Market—Market Overview

Rigid Plastic Packaging for Food and Beverage Market—Global Revenue Forecast by Product Type

Rigid Plastic Packaging for Food and Beverage Market—Global Unit Shipment Forecast by Product Type

Rigid Plastic Packaging for Food and Beverage Market—Forecast by Product Type Discussion: Bottles

Rigid Plastic Packaging for Food and Beverage Market—Forecast by Product Type Discussion: Caps and Closures

Rigid Plastic Packaging for Food and Beverage Market—Forecast by Product Type Discussion: Other Containers

Rigid Plastic Packaging for Food and Beverage Market—Unit Shipment Forecast by Region

Rigid Plastic Packaging for Food and Beverage Market—Revenue Forecast by Region

Rigid Plastic Packaging for Food and Beverage Market—Forecast by Region Discussion

Rigid Plastic Packaging for Food and Beverage Market—Revenue Forecast by Application Category

Rigid Plastic Packaging for Food and Beverage Market—Unit Shipment Forecast by Application Category

Metal Packaging for Food and Beverage Market—Growth Opportunity Dashboard

Metal Packaging for Food and Beverage Market—Global Revenue and Unit Shipment Forecast

Metal Packaging for Food and Beverage Market—Global Forecast Discussion

Metal Packaging for Food and Beverage Market—Global Revenue Forecast by Product Type

Metal Packaging for Food and Beverage Market—Global Revenue Forecast by Product Type Discussion

Metal Packaging for Food and Beverage Market—Global Unit Shipment Forecast by Product Type

Metal Packaging for Food and Beverage Market—Global Unit Shipment Forecast by Product Type Discussion

Metal Packaging for Food and Beverage Market—Unit Shipment Forecast by Region

Metal Packaging for Food and Beverage Market—Revenue Forecast by Region

Metal Packaging for Food and Beverage Market—Forecast by Region Discussion

Metal Packaging for Food and Beverage Market—Revenue Forecast by Application Category

Metal Packaging for Food and Beverage Market—Unit Shipment Forecast by Application Category

Glass Packaging for Food and Beverage Market—Growth Opportunity Dashboard

Glass Packaging for Food and Beverage Market—Global Revenue and Unit Shipment Forecast

Glass Packaging for Food and Beverage Market—Global Forecast Discussion

Glass Packaging for Food and Beverage Market—Global Revenue Forecast by Product Type

Glass Packaging for Food and Beverage Market—Global Revenue Forecast by Product Type Discussion

Glass Packaging for Food and Beverage Market—Global Unit Shipment Forecast by Product Type

Glass Packaging for Food and Beverage Market—Global Unit Shipment Forecast by Product Type Discussion

Glass Packaging for Food and Beverage Market—Unit Shipment Forecast by Region

Glass Packaging for Food and Beverage Market—Revenue Forecast by Region

Glass Packaging for Food and Beverage Market—Forecast by Region Discussion

Glass Packaging for Food and Beverage Market—Revenue Forecast by Application Category

Glass Packaging for Food and Beverage Market—Unit Shipment Forecast by Application Category

Total Food and Beverage Packaging Market—Growth Opportunity Overview: Paper Cartons and Aluminum Cans

Total Food and Beverage Packaging Market—Growth Opportunity Overview: Sustainable Packaging

Total Food and Beverage Packaging Market—Growth Opportunity Overview: Growth in Emerging Markets

Strategic Imperatives for Success and Growth

The Last Word—3 Big Predictions

Legal Disclaimer

List of Exhibits

List of Exhibits (continued)

List of Exhibits (continued)

List of Exhibits (continued)

The Frost & Sullivan Story

Value Proposition—Future of Your Company & Career

Global Perspective

Industry Convergence

360º Research Perspective

Implementation Excellence

Our Blue Ocean Strategy

Related Research
Food packaging is a relatively new domain. Only a few decades ago, the most commonly used packaging material was brown paper. Even about 60 years ago, butter, bacon, and biscuits were sold without packaging. Grocers weighed the quantities customers wanted and wrapped the food well enough for it to be transported home safely. Motor and industrial oil products were packaged in metal cans. While some food products were packaged in cans and glass bottles, a huge range of plastics that are now used as packaging materials were earlier unknown and unavailable. Packaging is now a vital part of the marketing mix. It must be eye-catching for the consumer. Often, at the point of sale, the customer has little to base a purchase decision on, and the attractive and appropriate packaging can influence decision-making. Packaging can also reinforce brand loyalty by prominently presenting brand logos or motifs. Thus, not only does packaging protect the products through the value chain, it also constitutes an intrinsic part of the marketing and presentation of products to end users. Consequently, packaging is important for end users and suppliers alike. As consumers are increasingly becoming environmentally-conscious, concerns around plastic pollution, in specific, are growing. Viral videos and images of plastic waste affecting marine life and polluting the Mariana Trench have made combating plastic pollution the topmost priority for consumers. Pressure from consumers, employees, and stakeholders is forcing the plastics industry to ensure sustainability and adopt practices that promote a more circular economy. The global packaging for food and beverage market, recording $320.1 billion in revenue as of 2018, is expected to reach $368.3 billion by 2030 (registering a CAGR of 1.2%). Key drivers of this growth are proliferation of eCommerce, especially in developing countries, and rising prices driven by the use of technologically advanced packaging materials. Grocery items have not been sold extensively through eCommerce platforms due to concerns regarding their freshness and the high cost of transporting refrigerated items. These concerns are being addressed, and growth in this sector is expected to drive the estimated revenue growth in the market. Volumes of packaging material are expected to decrease slightly during the forecast period. In the near term, volumes are expected to decrease due to the increased demand for lighter-weight and more sustainable packaging solutions. However, growth in the demand for processed food and beverage products will outweigh the lightweighting trend by 2030. This research service provides insights into the packaging for food and beverage market in terms of global and regional revenues (USD billion) and unit shipments measured by material weight (metric tons). Growth opportunities and insights into the competitive landscape are also provided along with an overview on the major factors influencing market growth, such as technology trends and funding activities. The time frame looked at is from 2015 to 2030. The base year is 2018, and growth forecasts are provided up to 2025. Revenue figures and forecasts in the study are based on packaging material company sales, packaging manufacturing, and sales of other value-adding resellers. Author: Christopher Shanahan
More Information
No Index No
Podcast No
Author Christopher Shanahan
Industries Agriculture and Nutrition
WIP Number 9AB8-00-2E-00-00
Is Prebook No
GPS Codes 9988-A2,9993-A2,9100-A2,9104-A2,9938-A2,9986-A2,9991-A2,9A75-A2,9595