The food & drink packaging market will grow at a rate of 7.05% for the forecast period of 2021 to 2028. Rising cost-effectiveness of food service packaging is an essential factor driving the food & drink packaging market. Rising demand for convenience food is the major factor escalating the market growth, also increasing shelf-life extension of foods, rising trend of small households, rising demand regarding bottled water, tea, and aerated soft-drinks, rising consumer awareness towards the necessity of good quality food packaging in developing economies and increasing consumption of convenience foods due to the rapidly changing lifestyle of consumers are the major factors among others propelling the growth of food & drink packaging market. Moreover, rising demand for sustainable packaging solutions, rising emerging markets and rising research and development activities in the market will further create new opportunities for the food & drink packaging market in the in the forecast period of 2021- 2028.

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Market Analysis and Insights 

 

Food packaging helps in ensuring the protection of food products and also helps in ensuring improved the shelf-life of the product thereby, attracting more number of customers. The food packaging market is expected to grow significantly over the forecast period with the advent of various production facilities with the objective of catching up with latest trends in the market.

This food & drink packaging market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on the food & drink packaging market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

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Food & Drink Packaging Market Scope

The food & drink packaging market is segmented on the basis of material, technology, equipment and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.

  • On the basis of material, the food & drink packaging market is segmented into metal, glass and wood, paper and paperboard and plastics and others.
  • Based on technology, the food & drink packaging market is segmented into controlled, active, intelligent, aseptic, biodegradable and others.
  • Based on equipment, the food & drink packaging market is segmented into form-fill-seal, filling and dosing, cartooning, case packaging, wrapping and bundling, labelling and coding, inspecting, detecting, and check weighing machines and others.
  • The food & drink packaging market is also segmented on the basis of application into dairy and dairy products, bakery products, confectionery products, poultry, seafood and meat products, convenience foods, fruits and vegetables and others.

 

Competitive Landscape and Food & Drink Packaging Market Share Analysis

 

The food & drink packaging market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to food & drink packaging market.

 Some of the major players operating in the  Food & Drink Packaging market are,

Amcor plc, BALL CORPORATION, Crown, WestRock Company, Sealed Air, Silgan Holdings Inc., Tetra Pak International S.A., Toyo Seikan Group Holdings, Ltd., Parksons Packaging Ltd., Cellpack AG Packaging, CLONDALKIN GROUP, Bemis Company, Inc., CONSTANTIA, AR Packaging Group AB, Huhtamaki, Mondi, Sealed Air and Sonoco Products Company among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

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