Introduction
The food packaging market is growing with the increasing demand for packaged food. The causes of the growth include the reason below 1. The increasing urban population leads to a growing consumption for food 2. Consumers tend to buy more food with packages today. 3. Increased consumption of processed food and takeaways 4. Demand for longer shelf-life of the food As a result, there are chances for the food packaging industry today. To discuss more on this topic, let’s go deeper into the food market by segments.Food packaging market today
The global food packaging market size was expected to reach an amount of over USD 300 billion. On the other hand, the development of food packaging products has never stopped, in order to meet the needs of customers. The evolution of food packaging products today is mainly based on the following features: easy opening, portable to use, and sanitary conditions. As a result, the requirements for packaging production have become more and more restricted. Among the various factors, packaging materials play a decisive role.Food packaging market by materials
Generally, popular materials for food packaging products today are mainly 1. Paper and board 2. Rigid and flexible plastic 3. Glass 4. Metal1. Paper and board on the current food packaging market
Paper-based packaging materials has become one of the favourite packaging products. As a matter of fact, more and more people start to adopt paper and paper-based packaging products. After all, paper bags and boxes get their reputation as the biodegradable solution with the household name. And because of that, many expect a growth of the packaging market of paper and paper-based material.The segment generated a revenue share of 31.9% of the total food packaging market in 2019.