Confectionery flexible packaging refers to the market for materials and products used to package sweet treats like candy, chocolate, and other candies. These materials are available as flexible packaging options that include laminated and plastic films. The estimated value of the global market for flexible packaging for sweets in 2022 is US$5.9 billion. Flexible packaging for sweets is anticipated to reach US$7.9 billion in 2030, expanding at a 3.2% CAGR.
The flexible packaging for confectionery market is being driven by the rising demand for convenient and on-the-go packaging choices. Flexible packaging is becoming more and more in demand as people lead busy lifestyles and demand for on-the-go consumption develops. Confectionery items are typical munchies. In order to preserve the freshness and quality of confectionery products, flexible packaging is also helpful in extending the shelf life of those products.
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Other factors, such as the growing demand for sustainable packaging solutions, the popularity of organic and natural confectionery items, and the developing e-commerce sector, are also having an impact in addition to these traditional market drivers. Flexible packaging is becoming more and more popular in the confectionery industry since it is less expensive, lighter, and easier to store than traditional rigid packaging.
The flexible packaging market for confectionery may be segmented based on material type, use, and region. Depending on the kind of material, the market can be classified into plastic films, laminated materials, and other categories. Applications for chocolate, candy, and other things can all be found on the market. Geographical segmentation of the market based on North America, Europe, and Asia Pacific.
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North America and Europe are expected to be the major markets for confectionery flexible packaging, due to the presence of a large number of confectionery manufacturers in these regions. However, the Asia Pacific region is expected to be the fastest growing market, due to the increasing demand for confectionery products in countries such as China, India, and Japan.
Overall, the confectionery flexible packaging market is expected to continue to grow in the coming years, driven by the increasing demand for convenient and on-the-go packaging options. As consumer preferences continue to shift towards organic and natural products and sustainability becomes more important, businesses will continue to seek out flexible packaging options that can help to extend the shelf life of their products and reduce their environmental impact.
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Key Takeaways:
- Based on product type, sales in the films and wraps segment are forecast to increase at a 2.5% CAGR through 2030.
- Demand for bioplastics will increase by 1.4x over the assessment period.
- In terms of applications, sales in the jelly segment will grow at a 5.8% CAGR over the forecast period.
- Demand for confectionery flexible packaging in the U.S. will increase at a 2.9% CAGR through 2030.
- Total confectionery flexible packaging consumption in Europe will reach 1.5 Mn Tonnes in 2022.
Key Players:
- WestRock Company
- DS Smith plc
- Sonoco Products Company
- Amcor plc
- Huhtamaki Oyj
- Constantia Flexibles Group GmbH
- Ahlstrom-Munksjö Oyj
Confectionery Flexible Packaging Market by Category
By Product Type:
- Films & Wraps
- Pouches
- Sachets & Stick Packs
- Tubes
- Laminates
By Material Type:
- Plastics
- PE
- PP
- PET
- PVC
- PA
- EVOH
- Bioplastics
- PLA
- PHA
- Starch Based Plastic
- Cellulose Fibers
- Other Plastics
- Paper
By Application:
- Chocolate
- Candy & Toffees
- Gum
- Jelly
- Snack Bars
- Biscuits
- Rest of Others
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