Confectionery Packaging Market Size, Share, Trends, Growth 2032

Confectionery Packaging Industry Prospective:

The global confectionery packaging market size was evaluated at $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.

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In order to give the users of this report a comprehensive view of the confectionery packaging market, we have included a competitive landscape and an analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

Confectionery Packaging Market: Growth Factors

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. The manufacturers look for advanced confectionery packaging that is different in size and shape for different confectionery products. Basically, paper and paperboards, aluminum foils, and plastics are extensively used products for flexible packaging products that differ in size, structure, and shape.

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. Chocolate is the most sold item as compared to other the confectionery items.

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Moreover, the manufacturers and other organizations operating in the confectionery packaging industry are investing in R&D activities for introducing different confectionary item packaging techniques. This is another factor anticipated to further drive the confectionery packaging market in the future. However, the irregular ingestion practices adopted by the youth population might hinder the confectionery packaging market growth globally in the future.

The report provides company market share analysis to give a broader overview of the key market players. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new technology launch, agreements, partnerships, collaborations & joint ventures, research & development, technology, and regional expansion of major participants involved in the market on a global and regional basis. Moreover, the study covers price trend analysis and product portfolio of various companies according to regions.

Confectionery Packaging Market: Segmentation

The study provides a decisive view of the confectionery packaging market by segmenting the market based on material type, packaging type, application, and region.

By material type, the confectionery packaging market is segmented into plastics, paper and paperboard, aluminum, and others.

By packaging type, this global market is bifurcated into rigid and flexible.

By application, this market includes chocolate confectionery, premium confectionery, sugar confectionery, dairy products, and others.

Confectionery Packaging Market: Report Scope

Confectionery Packaging Market: Regional Insights

The regional segmentation includes the historical and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

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
• Middle East and Africa