Food Packaging Market Updates

Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to food packaging market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.

Food Packaging Market News

in Food Packaging Market
  • In October 2024, UPM Specialty Papers and Eastman unveiled a creative biopolymer-coated paper solution that enhances grease and oxygen barriers for food packaging. This eco-friendly solution combines UPM's barrier papers with Eastman's Solus additives to provide compostability, recyclability, and superior performance.
  • In October 2024, ProAmpac unveiled the RotiBag, a state-of-the-art packaging option for foods that are ready to eat on-the-go, such as rotisserie chicken. This new product has several innovative features intended to increase usability and sustainability in the retail food sector. The packaging's fog-resistant window minimizes condensation and guarantees optimal product visibility at any temperature. This feature helps to maintain the food's aesthetic appeal.
  • In February 2024, Amcor plc, in partnership with Cheer Pack North America and Stonyfield Organic, unveiled the first all-polyethylene (PE) spouted pouch. The high moisture and oxygen barrier properties of the pouch ensure the freshness of the yogurt. It also features durable seals that maintain the product's integrity over time.

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Global Food Packaging Market size was valued at USD 247.8 Billion in 2023 and is poised to grow from USD 261.68 Billion in 2024 to USD 404.66 Billion by 2032, growing at a CAGR of 5.6% in the forecast period (2025-2032).

Amcor plc, UPM Specialty Papers, ProAmpac, Mondi Group, Sonoco Products Company, Crown Holdings, Inc., Huhtamaki Oyj, Winpak Ltd., Constantia Flexibles Group GmbH, Bemis Company, Inc. (Now part of Amcor), Smurfit Kappa Group, DS Smith Plc, Tetra Laval International S.A., Owens-Illinois, Inc., Nippon Paper Industries Co., Ltd.

Rising environmental concerns and strict regulations are driving demand for eco-friendly food packaging, boosting market growth and supporting sustainability goals.

The food packaging market is embracing smart and active technologies like RFID, QR codes, and freshness indicators to boost safety, shelf life, and consumer engagement.

North America leads the food packaging market share, driven by eco-conscious consumers, tech innovation, and major trials like Walmart’s biodegradable packaging initiative.

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Global Food Packaging Market
Food Packaging Market

Report ID: SQMIG30I2496

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