The confectionery packaging market is expected to experience significant growth in the coming years. The increasing demand for packaged confectionery products, such as chocolates, candy, and baked goods, is driving this market’s growth. The confectionery packaging market is estimated at US$ 10.9 billion in 2022 and is projected to reach US$ 13.2 billion At CAGR of 3.3% by 2027
One of the key factors contributing to the growth of the confectionery packaging market is the growing popularity of on-the-go snacks. With the busy lifestyle of consumers, there is a growing demand for convenient packaging options that make it easy to consume confectionery products on the go. This has led to an increase in the demand for stand-up pouches, sachets, and other similar packaging options.
Request Sample @ https://www.futuremarketinsights.com/reports/sample/rep-gb-1101
Another factor driving the growth of the confectionery packaging market is the increasing popularity of premium confectionery products. Consumers are willing to pay more for high-quality confectionery products, and manufacturers are responding by investing in premium packaging options to appeal to these consumers.
The confectionery packaging market is also being driven by the increasing demand for eco-friendly packaging options. Consumers are becoming more conscious of the impact of packaging on the environment and are demanding packaging options that are recyclable, biodegradable, or made from sustainable materials. This has led to an increase in the use of paper, glass, and other eco-friendly materials in confectionery packaging.
The confectionery packaging market is segmented based on product type, material, and region. Based on product type, the market is segmented into chocolate, candy, baked goods, and others. Based on material, the market is segmented into paper, plastic, metal, glass, and others.
Geographically, the confectionery packaging market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Asia Pacific is expected to dominate the market due to the presence of a large number of confectionery manufacturers in the region.
Request Customization @ https://www.futuremarketinsights.com/customization-available/rep-gb-1101
The confectionery packaging market is highly competitive, with a large number of manufacturers operating in the market. Some of the key players in the market include Amcor Limited, Berry Global Inc., Mondi Group, Sealed Air Corporation, and Smurfit Kappa Group.
In conclusion, the confectionery packaging market is expected to experience significant growth in the coming years, driven by the increasing demand for packaged confectionery products, the popularity of on-the-go snacks, the increasing popularity of premium confectionery products, and the growing demand for eco-friendly packaging options. This trend is expected to continue in the forecast period, making it an attractive market for manufacturers looking to expand their product offerings.
Ask an Analyst @ https://www.futuremarketinsights.com/ask-the-analyst/rep-gb-1101
Confectionery Packaging Market by Category
By Packaging Type:
- Flexible Packaging
- Wrappers
- Stickpacks & Sachets
- Liners
- Pouches
- Rigid Packaging
- Folding Cartons
- Corrugated Boxes
- Trays
- Containers (Metal, Glass & Plastic)
By Material Type:
- Plastic
- Paper & Paperboard
- Metal
- Aluminum Foil
- Glass
By Confectionery Type:
- Chocolate Confectionery
- Countlines
- Slabs/Bars/Blocks
- Boxed Assortments
- Tablets
- Others(Confectionery with toys, seasonal chocolates)
- Sugar Confectionery
- Gums, Jellies & Pastilles
- Medicated Confectionery
- Mints
- Boiled Sweets
- Toffees, Caramel & Nougats
- Lollipops
- Other Sugar Confectionery
- Gums
- Chewing Gums
- Bubble Gums
The Major Key Players Are:
- Amcor plc
- Smurfit Kappa Group
- Sealed Air Corporation
- Berry Global Group
- Huhtamaki Oyj
- DS Smith plc.
- Mondi plc.
- International Paper Company
- Sonoco Products Company
- WestRock Company
- Clondalkin Group Holdings B.V.
- SCHUR Flexibles Holding GmbH
- Ahlstrom-Munksjö Oyj
- Crown Holdings, Inc.
- Bomarko Inc.
- Printpack Inc.
- Stanpac Inc.
- MOD-PAC Corp.
- Tomric Systems, Inc.
- Constantia Flexibles Group GmbH
About Us:
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
Contact Us:
Future Market Insights Inc.
Christiana Corporate,
200 Continental Drive,
Suite 401, Newark,
Delaware – 19713,
United States
For Sales Enquiries: sales@futuremarketinsights.com
Browse all Reports: https://www.futuremarketinsights.com/reports
LinkedIn| Twitter| Blogs