Chocolate purchases are frequently done on the spur of the moment, thus packaging is crucial to the success of chocolate bar sales. Chocolate needs packaging that specifically addresses the issue of keeping quality in high temperatures because it is a heat-sensitive product. Chocolate bars are frequently packaged in multilayer packaging.
From 2022 to 2032, the packaging for chocolate bars is anticipated to expand at a CAGR of 6%. As of 2022, the market is worth US$ 48 billion. The chocolate bars packaging market is anticipated to reach a value of US$85.96 billion by 2032.
Chocolate bars are packaged in two layers: a primary layer of paper-thin aluminium foil, a secondary layer of plastic wrap and a third layer of a box. Manufacturers utilise secondary packaging to promote their brands and communicate with consumers about their products and businesses. An aluminium layer protects the chocolate in the event that the external packaging is broken.
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As a regular snack and a premium item, chocolate is consumed. Several packaging types and designs are used by package manufacturers to support the intended usage of the chocolate bars. Everyone in the world enjoys chocolate, regardless of age. Yet, because chocolate is not a necessary component of the diet, the demand for chocolate in any given place is correlated with the consumer disposable income and way of life in that area.
Chocolate Bar Packaging Market: Market Dynamics
The innovations in packaging play a significant role in improving the marketability of a product. Packaging market is estimated to be around US$ 824 Bn and is expected to grow at a CAGR of 4% over the forecast period. The use of chocolates for any celebrations and occasions is the key driver for supporting the demand for chocolate while influencing chocolate bar packaging market. The need of protecting the chocolate from losing its integrity during transit and storing chocolate packaging can play a vital role. The ability of packaging to categorizing the chocolate as a luxury consumable or a regular snack can support the chocolate bar packaging market. However, not being considered as a healthy snack for regular consumption the demand for chocolate bar packaging market may not proliferate.
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The function in the disposable income of a region may affect the demand for the chocolate in that region while significantly hampering the chocolate packaging market. However, the increasing influence of the western culture in the eastern world can increase the consumption of the chocolate while providing new opportunities for the chocolate bar packaging market.
Chocolate Bar Packaging Market- Key Players
Some major players of the chocolate bar packaging market are Swiss Pac Pvt. Ltd., ATP – Engineering & Packaging, S.L, Futuristic Packaging Pvt. Ltd., Shantou Weiyi Packaging Co., Ltd., Baoding City Zhenghui Printing & Packing Industrial Co., Ltd., Shenzhen Dingqi Pack Co., Limited, Wenzhou Guoxin Packaging Co., Ltd., NITTOPACK CO., LTD., Tianjin Gorgeous Packing Material Co., Ltd., Shenzhen Proyu Technology Co., Limited, Jiangyin Sunkey Plastic Packaging Co., Ltd.
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Chocolate Bar Packaging Market: Market Segmentation
Chocolate bar packaging market is segmented by material type and by packaging type.
Based on the types of materials used, chocolate bar packaging market is segmented into:
- Paper
- Plastic
- LDPE
- PVC
- PET
- PE
- Foil
- Aluminum
Based on the types of packaging, chocolate bar packaging market is segmented into:
- Wrappers
- Boxes
- Secondary packaging (Pouches, Bags)
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