The global moisture-resistant packaging market is projected to witness significant growth, with a valuation of US$ 26.8 billion in 2022, expanding at a CAGR of 4.5% between 2022 and 2032 to surpass US$ 41.6 billion by 2032. Rising demand across various industries, including food & beverage, pharmaceutical, electronics, and chemical, is driving the increased adoption of moisture-resistant packaging solutions.
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Key Highlights from the Moisture-Resistant Packaging Market Report:
- Growing Demand Across Industries: Moisture-resistant packaging is increasingly used across various industries such as food & beverage, pharmaceutical, electronics, and chemical to protect products from moisture and preserve their quality during storage and transportation.
- Expanding Market Size: The top 3 countries are projected to hold approximately 25 to 30% of the market by the end of 2022. The moisture-resistant packaging market is expected to expand by 1.6 times the current market value during the forecast period (2022 to 2032), creating an incremental growth opportunity of US$ 14.8 billion by the end of 2032.
- Diverse Product Offerings: Moisture-resistant packaging includes products such as bags & pouches, boxes, films, and trays, which help protect products from moisture and maintain their original condition. This type of packaging is particularly beneficial for industries where products are susceptible to degradation due to moisture.
- Rising Preference for Safe and Protective Packaging: With increasing concerns about food safety and health, there is a growing preference for safe, protective, and antibacterial packaging to reduce the risk of food poisoning. This trend is driving the consumption of packaged food products over open food ones, further fueling the demand for moisture-resistant packaging solutions.
Market Drivers:
- Increasing Usage Across Industries: The growing adoption of moisture-resistant packaging solutions across various industries, including food & beverage, pharmaceutical, cosmetics & personal care, and chemical, is a key driver of market growth.
- Popularity of Biodegradable Packaging: The rising popularity of biodegradable moisture-resistant packaging is expected to boost sales over the next decade as companies and consumers increasingly prioritize sustainability.
Competitive Landscape
Dominant manufacturers within the global moisture-resistant packaging market are concentrating on expanding their presence, portfolio, capacity, and resources in order to meet the increasing demand for packaging in various regions. They are adopting strategies such as new product launches, mergers, acquisitions, partnerships, and facility expansions to gain a competitive edge in the market.
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Moisture-resistant Packaging Industry by Category
By Material:
- Plastic
- Glass
- Metal
- Paper & Paperboard
By Packaging Type:
- Bags and Pouches
- Films
- Bottles & Jars
- Trays & Clamshells
- Others (Boxes, Cartons, etc.)
By End Use:
- Food & Beverage
- Pharmaceutical
- Electrical and Electronics
- Cosmetics & Personal Care
- Chemical & Fertilizer
- Others Consumer Goods
By Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Middle East & Africa
- Oceania
Author:
Ismail Sutaria (Lead Consultant, Packaging and Materials) has over 8 years of experience in market research and consulting in the packaging & materials industry. Ismail’s strength lies in identifying key challenges faced by the client and offering logical and actionable insights to equip the clients with strategic decision-making power.
Ismail has been an instrumental part of several transformational consulting assignments. His key skills include competitive benchmarking, opportunity assessment, macroeconomic analysis, and business transformation advisory. Ismail is an MBA holder in Marketing and has a Bachelor’s Degree in Mathematics.
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