The confectionery packaging market is anticipated to expand its roots at an average CAGR of 4.4% between 2023 and 2033. The market is expected to have a market share of US$ 17.50 billion by 2033 while it is likely to be valued at US$ 11.37 billion in 2023

The vital portion of Western European confectionery packaging is anticipated to be beheld by Germany. Germany’s market accounted for 6.1% of the global market in 2022. According to the Association of Chocolate, Biscuit, and Confectionery Industries of Europe (CAOBISCO), the consumption of chocolate confectionery and sugar confectionery is high in Germany. In 2018, the consumption of chocolate and sugar confectionery was around 9.2 kilos per head and 5.4 kilos per head respectively which indicates the positive growth for the confectionery packaging market in Germany.

Introduction

In the world of confectionery, where delectable treats and sweets abound, packaging plays a pivotal role. The Confectionery Packaging Market is a dynamic realm, continuously evolving to meet the demands of a global sweet tooth. In this comprehensive article, we will delve deep into the intricacies of confectionery packaging, exploring trends, innovations, and the key drivers behind this flourishing industry. Whether you’re a confectionery business owner or simply curious about this sugary world, join us on this journey to unwrap the secrets of successful confectionery packaging.

Confectionery Packaging Market

Confectionery packaging is more than just a means to encase sweets; it’s a reflection of your brand, creativity, and a gateway to attracting customers.

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Key Takeaways

  1. The United States market leads the confectionery packaging market in terms of market share in North America. The United States region held a market share of 17.3% in 2022. The growth in this region is attributed to expanding confectioneries, sustainable packaging businesses, and the government’s ban on limited plastic control. North American region held a market share of 18.7% in 2022.
  2. Germany’s market is another important market in Europe region. The market held a market share of 6.1% in 2022. The growth is caused by high tourist footfall and the existence of old popular confectioneries. Furthermore, Europe region also held a 36.4% global share in 2022.
  3. India’s confectionery packaging market thrives at a CAGR of 7.4% during the forecast period. The growth is attributed to high investments and innovative packaging businesses.
  4. China market also thrives at a CAGR of 6.5% between 2023 and 2033. The growth is caused by the government’s efforts for sustainable and eco-friendly packaging.
  5. Based on material type, the plastic material segment held the leading market share of 54.5% in 2022. The growth is attributed to high affordability, availability, and flexibility.
  6. Based on the confectionery type, the chocolate confectionery segment leads the market as it held a leading market share of 45.7% in 2022. The growth is caused by the high consumption of chocolate.

Market Drivers-

  1. Consumer Preferences: The desire for convenient and visually appealing packaging for confectionery products, including chocolates, candies, and sweets, drives the demand for innovative packaging solutions.
  2. Product Protection: Confectionery packaging must protect products from moisture, air, light, and physical damage to maintain freshness and quality.
  3. Customization and Branding: Confectionery companies use packaging to differentiate their products, showcase branding, and create an emotional connection with consumers.
  4. Seasonal and Promotional Packaging: Special packaging for holidays, events, and promotions creates consumer excitement and increases sales during specific seasons.
  5. Eco-Friendly Packaging: The trend towards sustainable and eco-friendly packaging materials for confectionery products, such as recyclable and biodegradable options, is gaining momentum.
  6. Convenience: Packaging innovations, like resealable pouches and easy-to-open features, enhance the convenience of consuming confectionery products.
  7. Safety and Tamper-Evident Features: Ensuring the safety and integrity of products with tamper-evident seals and child-resistant packaging is essential.

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Global Confectionery Packaging Market: Competitive Landscape

The report has outlined the key players operating in the global Confectionery Packaging market, including players such as

  • Amcor Limited,
  • Smurfit Kappa Group,
  • Sealed Air Corporation,
  • Bemis Company, Inc.,
  • Crown Holdings, Inc., and
  • Berry Global. , Inc.,
  • Huhtamaki Oyj,
  • Mondi Group,
  • DS Smith Plc.,
  • International Paper Company,
  • Sonoco Products Company,
  • WestRock Company,
  • Clondalkin Group Holdings BV,

Competitive Landscape:

The key vendors focus on delivering eco-friendly packaging that is custom-made.  Key competitors also merge, acquire, and partner with other companies to increase their supply chain and distribution channel.

Recent Market Developments:

  • Amcor plc has extended its snacks and confectionery range in Europe with barrier materials and packaging formats. These packaging formats are available for sweets, snacks, and nuts.
  • Sealed Air Corporation has acquired Liquibox, a global leader in the flexible packaging industry. The acquisition is expected to dispense many solutions for fresh packaging innovations. The acquisition is expected to enhance the supply chains

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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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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