Confectionery Packaging Market

Confectionery Packaging Market Size, Share, Growth Analysis, By Raw Material(Plastic, Paper & Board), By Application(Chocolate, Candy), By Regional(North America, Asia Pacific) - Industry Forecast 2024-2031


Report ID: UCMIG15A2129 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

Confectionery Packaging Market Insights

Market Overview:

In 2018, the market for packaging confectionery was estimated to be worth USD 19.4 billion. The market is being driven by the rising demand for confections, baked goods, and other sweet foods in developing nations like Brazil, China, and India. Additionally, the opportunity for confectionery packaging has increased globally due to continuous product advancements in the candy business. Confectionery producers are implementing novel packaging solutions to improve the attractiveness, usability, and shelf-life of their products as consumer tastes and packaging trends change, which is fueling the expansion of the confectionery packaging industry.

Confectionery Packaging Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Commodity Chemicals by segment aggregation, the contribution of the Commodity Chemicals in Diversified Materials and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

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FAQs

The market for Confectionery Packaging was estimated to be valued at US$ XX Mn in 2021.

The Confectionery Packaging Market is estimated to grow at a CAGR of XX% by 2028.

The Confectionery Packaging Market is segmented on the basis of Raw Material, Application, Regional.

Based on region, the Confectionery Packaging Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the Confectionery Packaging Market are Amcor Limited;, The Smurfit Kappa Group plc;, Sealed Air Corporation; Crown Holdings Incorporated;, Bemis Company, Inc.;, Sonoco Products Company;, WestRock;, The International Paper Company;, Berry Global, Inc.;, Huhtamäki Oyj..

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Confectionery Packaging Market

Product ID: UCMIG15A2129

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