News

Produce Packaging Market Size, is expected to rise at a CAGR of 5.1% during forecast 2025

Summary

Global Produce Packaging Market Size Information by Packaging Type (Corrugated Boxes, Bags and Liners, Plastic Containers and Trays), Application (Vegetables, Fruits and Salads), End User (Growers/Shippers, Re-Packers and Retail Stores) and Region (North America, Europe, Asia-Pacific, Middle East & Africa and South America) – Forecast till 2025

Produce Packaging Market Size Highlights

A produce packaging provides attractive packaging to the products and also enhances the shelf life of the produce. The global Produce Packaging Market Size is expected to witness sustainable growth during the forecast period owing to the growth in agricultural industry and increase in awareness regarding healthy lifestyles. Consumers are becoming increasingly inclined towards consuming fresh fruits and green vegetables due to increased nutritional knowledge, which is expected to drive the global Produce Packaging Market Size. Moreover, produce packaging protects the produce from contamination, cushioning it from physical damages, extending produce life cycle, and reducing food/sorting wastage. However, market growth might be hindered by the strict regulations introduced by governing bodies regarding packaging material waste and recycling. The growing online retail market for fresh fruits and vegetables and the increasing use of recycled material in produce packaging is expected to create growth opportunities for the Global Produce Packaging Market Size.

The global Produce Packaging Market Size was valued at USD 37 billion in 2018 and is expected to witness 5.1% CAGR during the forecast period.

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Key Players

The prominent players operating in the global Produce Packaging Market Size are

Mondi (Austria)

Amcor plc (Australia)

DS Smith (UK)

International Paper (US)\

Sonoco Products Company (US)

Sealed Air (US)

Smurfit Kappa (Ireland)

COVERIS (US)

WestRock Company (US)

Ultimate Group (UK)

Packaging Corporation of America (US)

INFIA srl (Italy)

Berry Pack, Inc. (US)

Pactiv LLC (US)

Stora Enso (Finland)

are some of the other key players operating in the global Produce Packaging Market Size.

Regional Analysis

Based on region, the global Produce Packaging Market Size has been segmented into North America, Europe, Asia-Pacific, the Middle East & Africa, and South America. Asia-Pacific dominated the global market, followed by North America, primarily due to the growth in agricultural industry, mainly in China and India. The agricultural industry in Asia-Pacific is growing due to the growth in population and economic growth, which fuel the Asia-Pacific Produce Packaging Market Size growth. Moreover, due to the busy life schedules and increasing purchasing power of consumer in the developing countries, consumers are inclined towards the freshly cut packaged fruits, vegetables, or salads, which is expected to drive the market growth in Asia-Pacific.

Market Segmentation

Based on packaging type, the global market has been segmented into corrugated boxes, bags and liners, plastic containers, and trays. The corrugated boxes segment is expected to register a high growth rate during the forecast period owing to the various advantages associated with corrugated boxes. These boxes are extremely lightweight, recyclable, and have a high load-bearing capacity. Moreover, graphic prints can be easily done on corrugated boxes, which will provide it branding and messaging opportunities.

Based on application, the global market has been segmented into vegetables, fruits, and salads. The vegetables segment is expected to witness significant growth during the forecast period due to the rapid growth of the global population and increasing awareness about health.

Based on end-user, the global Produce Packaging Market Size is segmented into growers/shippers, re-packers, and retail stores. The growers/shippers segment is expected to register a high growth rate during the forecast period. The agricultural industry is growing across the globe, owing to an increase in population, which is expected to drive the growers/shippers segment. Furthermore, research and development in the areas of agriculture for the high production of fruits and vegetables is expected to fuel the growth of the growers/shippers segment in the global Produce Packaging Market Size.

Scope of the Report

This study provides an overview of the global Produce Packaging Market Size, tracking three market segments across five geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume, and share for North America, Europe, Asia-Pacific, and the rest of the world (RoW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global Produce Packaging Market Size by packaging type, application, end user, and region.

  • By Packaging Type
    • Corrugated boxes
    • Bags and liners
    • Plastic containers
    • Trays
  • By Application
    • Vegetables
    • Fruits
    • Salads
  • By End User
    • Growers/Shippers
    • Re-packers
    • Retail stores
  • By Region
    • North America
    • Asia-Pacific
    • Europe
    • Middle East & Africa
    • South America

Table Of Contents

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market Size Estimation

2.5 Forecast Model

3 Market Landscape

3.1 Porter’s Five Forces Analysis

3.1.1 Threat Of New Entrants

3.1.2 Bargaining Power Of Buyers

3.1.3 Threat Of Substitutes

3.1.4 Segment Rivalry

3.1.5 Bargaining Power Of Buyers

3.2 Value Chain/Supply Chain Analysis

4 Market Dynamics

4.1 Introduction

4.2 Market Drivers

4.3 Market Restraints

4.4 Market Opportunities

Continues……

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