Confectionery Packaging Market Is Expected To Reach $18.51 Billion By 2032

Zion Market Research has published a new report titled “Confectionery Packaging Market by Material Type (Plastics, Paper & Paperboard, Aluminum, and Others), by Packaging Type (Rigid and Flexible), and by Application (Sugar Confectionery, Chocolate Confectionery, Premium Confectionery, Dairy Products, and Others), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2024 – 2032”. According to the report, the global confectionery packaging market was valued at approximately $11.45 billion in 2023 and is slated to hit $18.51 billion by the end of 2032 with a CAGR of nearly 5.48% between 2024 and 2032.

Confectionery packaging is appropriate product packaging for gums, chocolates, bread, etc. Confectionery packaging includes stand-up pouches, lids, laminates, mono film-shaped bags, etc. Packaging is the most crucial step in the food packaging process as it helps in retaining the taste and quality of food items.

Browse the full “Confectionery Packaging Market by Material Type (Plastics, Paper & Paperboard, Aluminum, and Others), by Packaging Type (Rigid and Flexible), and by Application (Sugar Confectionery, Chocolate Confectionery, Premium Confectionery, Dairy Products, and Others), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2024 – 2032?” Report at https://www.zionmarketresearch.com/report/confectionery-packaging-market

The global confectionery packaging market is likely to grow significantly in the years ahead, owing to the flourishing packaging industry globally. As the internet is becoming an essential part of one’s daily life, the growth of the e-commerce industry is evident. This is the primary factor likely to boost the global confectionery packaging market. The thriving e-commerce sector has increased the demand for chocolates and other confectionery items.

By material type, the confectionery packaging market is segmented into plastics, paper and paperboard, aluminum, and others. The plastics segment is expected to dominate the confectionery packaging market over the estimated timeframe, owing to the various characteristics exhibited by plastics, as they help in increasing the shelf life of products. By packaging type, this global market is bifurcated into rigid and flexible.

Flexible packaging type is projected to dominate this global market in the upcoming years, due to the growing consumer preference for convenient and easy packaging. By application, this market includes chocolate confectionery, premium confectionery, sugar confectionery, dairy products, and others. Chocolate confectionery packaging is likely to dominate this global market in the future, owing to the huge sale of chocolate confectionery online as compared to the other confectionery items.

North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa comprise the regional segment of the global confectionery packaging market.

By region, the North American region contributed a substantial revenue share to the global confectionery packaging market in 2018 and is expected to continue its regional dominance in the upcoming years as well. This regional growth can be attributed to the growing demand for lightweight confectionery packaging food products across the region and the increasing acceptance of bio-plastics due to stringent government rules and regulations.

Europe is expected to provide significant growth opportunities for the global confectionery packaging market, owing to the swift growth of the food and beverage industry and the introduction of new packaging techniques by the manufacturers and other organizations.

Confectionery Packaging Market: Competitive Space

The global confectionery packaging market profiles key players such as:

• Smurfit Kappa Group
• Bemis Company Inc
• Printpack Inc
• Sonoco Products Company
• Amcor Limited
• Sealed Air Corporation
• International Paper Company
• Crown Holdings, Inc
• WestRock Company
• Berry Global, Inc

This report segments the global confectionery packaging market into:

Global Confectionery Packaging Market: Material Type Analysis

• Plastics
• Paper and Paperboard
• Aluminum
• Others

Global Confectionery Packaging Market: Packaging Type Analysis

• Rigid 
• Flexible

Global Confectionery Packaging Market: Application Analysis

• Sugar Confectionery
• Chocolate Confectionery
• Premium Confectionery
• Dairy Products
• Others

Global Confectionery Packaging Market: Regional Analysis

• North America
  • The U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• The Middle East and Africa

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