Food Packaging Films Market Size
Food Packaging Films Market was valued at USD 50 billion in 2022 and is estimated to register a CAGR of over 6% between 2023 and 2032.
To get key market trends
Easy-to-eat, packed foods that may be preserved and carried with simplicity are in demand more and more. Because flexible packaging like pouches, sachets, and stand-up bags—which make extensive use of food packaging films—is increasingly needed. For instance, Novolex debuted in June 2022 their RollStar EZ Open Produce Bags. A unique formulation makes opening these reusable supermarket bags simple. There are several thicknesses and sizes, including recyclable choices approved by the Biodegradable Products Institute (BPI). Food safety and preservation greatly worry consumers as well as producers. Maintaining food quality, extending lifespan, and avoiding spoilage and contamination depend on food packaging films. Products with stronger barriers and antibacterial qualities are being produced as technology for food packaging films improves, therefore supporting the market development.
| Report Attribute | Details |
|---|---|
| Base Year | 2022 |
| Food Packaging Films Market Size in 2022 | USD 50 Billion |
| Forecast Period | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR | 6% |
| 2032 Value Projection | USD 90 Billion |
| Historical Data for | 2018 to 2022 |
| No. of Pages | 300 |
| Tables, Charts & Figures | 278 |
| Segments covered | Type, material, application, & region |
| Growth Drivers |
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| Pitfalls & Challenges |
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What are the growth opportunities in this market?
Advanced food packaging films may find their development and acceptance hampered by some technological restrictions. Making high-barrier films that are also lightweight and flexible might be difficult, for example, and including active packaging elements into films might complicate and cost the manufacturing process. The considerable cost of creating food packaging films further limits smaller producers or niche uses. High production costs could restrict the availability of some films in particular markets or hinder the acceptance of sophisticated packaging solutions.
COVID-19 Impact
The COVID-19 epidemic brought possibilities as well as problems for the food packaging films sector. The growing demand for packaged food goods resulting from the enhanced awareness of sanitation and safety during the epidemic raised food packaging film use. Manufacturers faced challenges, meanwhile, from interrupted supply chains, workforce shortages, and rising raw material costs. Changes in consumer behavior—such as increased online grocery shopping—have driven the need for creative and ecological packaging solutions to satisfy changing market needs in the environment of the post-lockdown.
Food Packaging Films Market Trends
The food packaging films market is seeing some interesting trends among changing customer tastes and environmental issues. expanding attention on recyclable and environmentally friendly materials results from expanding knowledge of environmental problems. Smart packaging's creative elements—such as temperature monitoring and freshness indicators—are becoming rather popular. Resealable films and portion-wise controlled packaging are among the convenience-oriented packaging products whose demand is rising. Aimed at improving perishable items' shelf life, the sector is also seeing developments in active packaging technologies including antimicrobial coatings and modified environment packaging.
Food Packaging Films Market Analysis
Learn more about the key segments shaping this market
Two basic forms of packing films are rigid and flexible ones. < Like strong defenders, rigid packing films guard goods from damage and keep out undesired elements like bacteria. For items like drinks, makeup, and medication that demand more security, they are the finest options. This explains their great popularity—more than 64% of the market last year. Conversely, flexible packaging films are more like lightweight wraps. For stuff like nibbles, candies, and pastries—that which doesn't require as much defense—they're ideal. Products stay longer on the shelf because they also better resist moisture, oxygen, and light. For things like canned goods, bottled beverages, and dry foods, that makes them fantastic.
Learn more about the key segments shaping this market
Imagine a lively market full with every type of cuisine. The packaging business is like the expert cooks who present our delicacies in several ways. The area on meat, poultry, and seafood is among the most busy ones. Comprising more than thirty-two percent of the market, this is the show's star! It should bring in an amazing $35 million by 2032. Why is this part so much sought for? Well, our planet is changing as well as our diets. The food business is listening as people want greener, more sustainable choices. This is why you are seeing more environmentally friendly packaging created from different renewable resources such plants. Companies are also getting innovative with different kinds of packaging to keep our meat, chicken, and seafood tasty and fresh. Like magic, Modified Atmosphere Packaging (MAP) and vacuum packing slow down decomposition and maintain food taste like it just arrived from the farm or ocean. Less garbage and more delicious food for us follow from this!
Looking for region specific data?
With over a third of the market share in 2022, Asia Pacific is already a worldwide hub for food packaging films. The region's strong economies—particularly in China, India, and Southeast Asia—help to explain this development. People in these nations are seeking greater convenience and packaged goods as they migrate to cities and change their way of life. This has sharply increased the market for films of food packaging. The demand for packaged food has risen as so many people live in cities and even more people join them, hence increasing the use of food packaging films. Particularly in packed nations like China and India, online buying has also exploded in Asia Pacific. Strong and dependable packaging materials like food packaging films are therefore much sought for in order to maintain food safety throughout transportation. Food safety and packaging policies varies throughout Asian Pacific governments. These guidelines must be strictly followed by manufacturers, which influences the food packaging film production.
Food Packaging Films Market Share
Key player in the food packaging films market, Amcor provides a wide range of flexible packaging solutions meant to satisfy the particular requirements of the food and beverage sector. The company specializes in creating premium, useful, and creative movies that meet the needs of maintaining food freshness, increasing shelf life, and guaranteeing product safety. Materials in Amcor's food packaging films offer barrier qualities against moisture, oxygen, and other outside elements, therefore preserving packed food goods. The other main participants in the food packaging films sector consist in
- Berry Global
- Amcor Plc
- Sealed Air Corporation
- Mondi Group
- Winpak Holdings Inc.
- Toppan Printing Co., Ltd.
- Dupont Teijin Films
Food Packaging Films Industry News
- In July 2021, Berry Global collaborated with Poly-Ag Recycling and Clean Farms to launch a Canada-based recycling initiative to recover used agriculture films, process recovered grain bag material, and produce new products with recycled content.
The food packaging films market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD million) from 2018 to 2032 for the following segments
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Market, By Type
- Flexible packaging films
- Rigid packaging films
Market, By Material
- Polyethylene (PE)
- Polypropylene (PP)
- Polyethylene Terephthalate (PET)
- Nylon
- Polyvinyl chloride (PVC)
- Others
Market, By Applications
- Fresh produce packaging
- Meat, poultry, and seafood packaging
- Snack & confectionery packaging
- Beverage packaging films
- Dairy products packaging
- Others
The above information is provided for the following regions and countries
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- ANZ
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- MEA
- South Africa
- Saudi Arabia
- UAE
- Rest of MEA
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