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Role of Packaging in Supplement and Nutrition Industry

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Role of Packaging in Supplement and Nutrition Industry

The supplement and nutrition packaging market are a section in the industry that focuses on designing packaging materials exclusively for dietary supplements and sports nutrition products.

Read also: Plastic Food Packaging Trends, Innovations and Environmental Implications

This market segment many be comprised of different packaging materials, such as plastic, glass, paper and paperboard and metal are used to maintain product quality, safety and efficacy. Packaging takes various forms like bottles, jars, pouches, blister packs and sachets in order to meet the unique necessities of various supplements and nutritional products.

The supplement and nutrition packaging market are concerned with the design, materials, and labels used on bags for sports nutrition and dietary supplement products. This packaging fulfils multiple functions such as protection from damage, preserving freshness and potency, informing about the ingredients and use, and strictly following the legal standards.

The global supplement and nutrition packaging market size is projected to increase from USD 25.01 billion in 2022 to an estimated USD 38.90 billion by 2032. This growth is expected to occur at a CAGR of 4.52% between 2023 and 2032.

Important Revelations

  • Increasing need for supplement and nutrition packaging in North America.
  • Importance of packaging in the European supplement and nutrition market.
  • Role of plastic in preserving the integrity and extending the longevity of supplement and nutrition products.
  • Bottles remain essential in the evolving field of supplements and nutrition packaging.
  • Fueling growth in tablet supplement and nutrition packaging.

Supplement and Nutrition Packaging in North America

The North America supplement and nutrition packaging market possesses the largest share, due to the growing tendency toward dietary supplements as a new way of life among the society. The USA polling shows that around 77% of Americans, practice regularly the dietary supplements taking. Vitamin D, Vitamin C, and multivitamins are the most commonly used dietary supplements.

Herbal medication like Ginseng, Echinacea, as well as Calcium and Iron minerals, are continually preferred by consumers in this region. It has resulted in a significant market upsurge, which is triggered by the increasing number of users in this area.

U.S. holds the largest share in supplements market. The U.S. vitamin and nutritional supplement market will amount to $35.6 billion by the year 2022. The market is propelled by innovations in packaging technology and packages developed respectfully for the dietary supplements and nutritional beverages.

Packaging plays an important role in preserving the integrity, freshness and safety of plant-based products, it also offers information to the consumers regarding ingredient composition, dosage and product usage.

Consumers’ preferences change frequently and packaging manufacturers respond by producing the type of convenient, user-friendly packaging in different formats which help in meeting diverse life styles and food consumption habits.

Packaging in European Supplement and Nutrition Market

Europe is the second largest supplement and nutrition packaging market, followed by North America. Its presence in this segment of the market can be explained by a variety of reasons, such as the fact that more disposable income per capita is spent by consumers of supplements.

Europe’s supplement and nutrition packaging industry is on its way to huge expansion, with a 6.8 percent annual increase predicted. This expansion is powered by the trends like increasing health consciousness among consumers, growing aging population, and rising concern to the prevention of diseases.

This increasing demand for supplements opens up avenues for packaging manufacturers to create innovative packaging solutions that meet the functional needs and preferences of European consumers. Packaging has a significant part to play as far as the safety, quality and attractiveness of dietary supplements within the European market are concerned.

The development and usage of eco-friendly packaging solutions, as sustainability and environmental concerns gain momentum worldwide, especially in Europe, are increasingly in focus. Manufacturers of packaging are strongly committed to producing sustainable packaging materials and designs with the objective of reducing environmental impact as well as consumer demand for green products.

Growth Trends in the Dietary Supplements and Nutrition Packaging

Dietary supplements are made up of a varied number of products focused on making up for the chemical components that essential nutrients, vitamins, minerals, herbs, amino acids, and similar substances that most diets lack. They come in diverse forms like tablets, capsules, soft gels, powders, liquids, and gummy-like treats. They are distinct from each other and meet various consumers’ preference and needs.

Dietary supplements companies are innovating different types of packaging for respective products. The supplements market for dietary products is on the rise globally, with the forces that drive it are the increase of health awareness, the growth of aging population, the rise of the demand for prophylactic health care, and lifestyle shifts.

This progression is caused by constant product improvement and innovative packaging technologies. Packaging is perhaps the most significant factor that keeps dietary supplements fresh, strong, and safe, while serving must-have data to customers. Enterprises pour into implementing advanced packaging systems which are convenient, durable and sustainable as well as meet the dynamic consumer demands.

Plastic’s Role in Preserving Integrity and Longevity of Supplement and Nutrition Packaging

The plastic has wide usage in the dietary supplement and nutrition packaging market majorly because of its virtues as versatility, affordability and convenience. It is commonly used in packaging most of the products, particularly in the cases of tablets, capsules, soft gels, powders, and liquid or semi-fluid solutions.

The containers, bottles, jars, and pouches of plastic, among others, are beneficial for various reasons like being made of lightweight materials, being resistant to moisture and breakage, and thus being durable and able to maintain the integrity and longevity of the enclosed supplements.

The massive volume of plastics used in consumer packaging has raised red flags regarding the environmental consequences. With these issues in mind, more and more market players, are engaging in a positive direction seeking to use environmentally friendly materials in plastic packaging.

This embraces the application of degradable plastics, recycled plastics and the plant-based materials that come with similar utility as compared to the traditional plastics but bearing marginal footprint to the environment.

Evolving Landscape of Supplements and Nutrition Packaging

Bottles are an integral part of the packaging market for supplements and nutrition products since there are many formulations packed in them – they are one of the most widely used packaging type. These bottles are used to package various supplement types ranging from vitamins, minerals, herbal extracts, protein powders as well as liquids supplements.

The most typical usage of bottles in this sector is for the preservation and dispensation of solid supplements like tablets, capsules, and soft gels. The bottles act as a suitable and convenient container for these goods, offering consumers easy access and convenience. They also serve for shielding the supplements from external elements like moisture, oxygen or light, which hurt the product’s quality and potency.

Bottles are usually employed for packaging liquefied supplements which can range from syrups, tinctures to oil-based formulations. These bottles are constructed with appropriate seals and closures to stop leakage and provide stability before and during transportation and storage.

Supplement and Nutrition Packaging Market Player

Supplement and nutrition packaging leading market players are Glanbia, Plc, Abbott Laboratories, Amway, Bayer AG, Nestlé Health Science, Vantage Nutrition, Moluded Packaging Solutions Limited, Arizona Nutritional Supplements, Graham packaging company, Alpha Packaging, Container & Packaging Supply Inc., and Packacre enterprises limited.

About The Author

Swapna is a seasoned research consultant with expertise in conducting and analysing complex research projects across various industries. With a deep passion for knowledge discovery and a commitment to delivering actionable insights, Swapna has successfully collaborated with numerous organisations to help them make informed decisions and drive strategic growth. Swapna has developed a strong track record of designing and implementing research methodologies that generate high-quality data and meaningful results.

Insight Source: https://www.towardspackaging.com/insights/supplement-and-nutrition-packaging-market-sizing

consumers food plastic

Plastic Food Packaging Trends, Innovations and Environmental Implications

Food packaging is a coordinated system that prepares food for transit, distribution, storage, retailing, and eventual consumption by the end users while maintaining optimal cost efficiency. It is essential in modern civilization because it allows for the safe and efficient handling and distribution of commercially prepared foods. Poor packaging is responsible for more than 25% of worldwide food waste, according to the World Packaging Organization (WPO).

Plastics are commonly used in food packaging due to their versatility and adaptability for a variety of purposes. Plastic materials are chosen for specialized food packaging depending on their ability to meet the desired use criteria. Different plastics have unique features that cater to certain packaging requirements, ranging from barrier properties to moisture, oxygen, and light resistance.

The global market for plastic food packaging is projected to increase from $54.98 billion in 2022 to approximately $88.28 billion by 2032. This growth is anticipated to occur at a compound annual growth rate (CAGR) of 4.9% between 2023 and 2032.

Plastic is widely used in food packaging due to its versatility and convenience. Here are some common types of plastics used in food packaging:

  1. PET Plastics: Polyethylene terephthalate, or PET, is a popular choice for food packaging. It is known for its strength, lightweight nature, and transparent appearance. PET is commonly used for beverage bottles, salad containers, and food trays.
  2. HDPE Plastics: High-density polyethylene, or HDPE, is another common plastic used in food packaging. It is a thermoplastic polymer derived from petroleum. HDPE is often used for packaging items like milk jugs, yogurt containers, and detergent bottles due to its strong and durable properties.
  3. LDPE Plastics: Low-density polyethylene, or LDPE, is also used in food packaging. LDPE is a thermoplastic material that is lightweight and flexible. It is commonly found in plastic wraps, sandwich bags, and squeeze bottles for condiments.
  4. PP Plastics: Polypropylene, or PP, is used in various food packaging applications. PP is known for its heat resistance and is often used in microwave-safe containers, such as those for storing leftovers or ready-to-eat meals. It is also commonly used in yogurt cups, margarine tubs, and takeout containers.

Plastic Food Packaging Market Trends

  • Plastic food packaging is versatile and convenient, making it ideal for a wide range of food goods such as fresh produce, dairy, meat, seafood, snacks, and beverages.
  • Plastic food packaging extends the shelf life of perishable foods by acting as an excellent barrier against moisture, air, light, and pathogens.
  • Advances in plastic food packaging technology have resulted in new solutions that improve product protection, functionality, and sustainability.
  • Plastic food packaging enables adapting and branding to differentiate items and build brand identification.

Asia-Pacific’s Leadership in Plastic Food Packaging Innovation

There is a great leadership in the shift to a circular economy for plastic food packaging in the Asia-Pacific (APAC) region, which produces more than half of the world’s plastic 52% of 390.7 million tonnes overall. This area is at the forefront of attempts to combat plastic waste since it is home to some of the biggest plastic producers in the world. In the Asia-Pacific area, plastic packaging is widely used, especially in China and India, where the food and beverage industry is highly dependent on it. China’s consumer sentiment is changing, leading to policies like banning specific plastic products to lessen the country’s plastic pollution. It is anticipated that this change will increase the nation’s need for recyclable flexible plastic packaging.

Impact of Plastic Food Packaging on Daily Life in North America

North America is the second-most plastic-using food packaging region in the world, after Asia. Different packaging materials frequently serve as differentiating characteristics. Food packaging has become an integral component of daily life in modern, industrialized countries. Due to a number of benefits over other materials, plastic stands out as the material of choice for food packaging. Among these are its affordability, versatility, ease of customization, lightweight design, and wide availability. Plastic is a major material, making up around 21% of the containers and packaging sector in North America.

Plastic brings serious environmental risks despite its widespread use and success, especially when it comes to its impact on end-of-life (EOL) situations. The collection and disposal of plastic garbage represent major hazards to wildlife and ecosystems. A growing number of people are looking for solutions since they are aware of these problems, like smart plastic packaging materials and bioplastic. Because they come from renewable resources and may be composted or biodegraded, bioplastics provide a more environmentally friendly choice. Similar to this, smart plastic packaging uses cutting-edge technology to improve sustainability and functionality. Examples of these technologies include active packaging solutions for food preservation and intelligent sensors for freshness monitoring.

Innovations in PET Packaging for Food and Beverage Industry

Polyethylene terephthalate (PET) is widely recognized for its lightweight and semi-rigid to rigid structure. It is utilized in food packaging for a range of products, including soft drinks, sports drinks, water bottles, condiments like ketchup, salad dressings, vitamins, vegetable oil, and peanut butter containers. Because of this feature, food or liquids contained within the container are guaranteed to be safe. It also has good impact resistance.

Plastic Food Packaging in Bakery and Confectionery Industry

The industry that uses plastic food packaging the most is the bakery and confectionery sector, which is where these packaging solutions are most commonly used. The production of baked goods has been steadily increasing in India, and it is now the largest part of the processed food industry. The two main actors in the bakery industry, bread and biscuits, together account for around 82% of the output of all bakery products. Over three million tonnes of bakery goods, such as bread, cookies, pastries, cakes, buns, and rusk, are produced each year.

Improving Consumer Experience with Smart Plastic Packaging

Smart plastic in food packaging is the integration of sophisticated technology into plastic packaging materials to improve functionality and performance. These technologies allow packaging to interact with the environment, the product it holds, or the user, resulting in benefits such as increased food safety, longer shelf life, and a better consumer experience. Smart plastic packaging may include active or intelligent packaging systems that can release antimicrobial chemicals to limit bacterial development, absorb oxygen to delay food spoiling, and check product freshness using indicators such as time-temperature sensors.

Report Source: https://www.towardspackaging.com/insights/plastic-food-packaging-market-sizing

 

ship paperboard

Paper and Paperboard Packaging a Sustainable, Versatile Solution Shaping Global Markets

Paper and paperboard-based materials comprise some of among the earliest and most widely used types of packaging

Beautiful, Versatile, Sustainable

Made of thick paper, printed with brand-enhancing graphics, and cut/folded into unique structures, paperboard packaging engages consumers like nothing else on the store shelf.

Over one-third of the packaging market is made up of these materials, which are utilized extensively in all phases of production, distribution, marketing, and consumption. Primary packaging at the place of sale, secondary packaging for distribution and storage, and other applications are all covered by their purposes.

Paper and paperboard, made of interwoven cellulose fibres, have versatile qualities that allow printing and manipulation into rigid or flexible packaging utilizing methods including cutting, creasing, folding, and securing.

The global paper and paperboard packaging market is projected to expand from USD 297.89 billion in 2022 to approximately USD 452.74 billion by 2032. This growth represents a Compound Annual Growth Rate (CAGR) of 4.28% between 2023 and 2032.

Among the noteworthy developments are the 12.5% increase in paper production that occurred in January 2023, totalling 67,100 tonnes, and the 6.7% increase in paper production that occurred cumulatively between April 2022 and January 2023, totalling 5,553,900 tonnes in November 2022, there was an 11.1% increase in the production of paper goods.

Report Highlights: Important Revelations

  • The dominance of the Asia Pacific region in the paper and paperboard packaging industry.
  • Increasing need for paper and paperboard products in North America.
  • Utilization of folding cartons across diverse sectors.
  • Growing requirement for paper and paperboard in the food and beverage industry.
  • Benefits of paper bags compared to plastic for sustainable packaging.

Asia Pacific’s Leadership in the Paper and Paperboard Packaging Sector

Asia pacific region is taking over the packaging sector with their leading market shares in India and China. This surge is fuelled by three key factors, growing populations, rising disposable incomes, and a growing preference for packaged goods, especially food, as traditional markets shift towards packaged consumerism. China a global leader in packaging sector contribute 48% in packaging market alone, on the other hand India is growing at 8.5% rate by 2022.

This trend may be clearly observed in China’s paper and packaging business. A 2022 estimate stated that the nation produced an astounding 283.91 million tonnes of pulp, paper, and related materials. The packaging industry in India is growing in tandem with this boom, driven by a number of factors including strong domestic demand, a thriving industrial base, and an expanding market for paper products such as tissue, filters, tea bags, and lightweight online packaging materials. The market for premium packaging is being driven by well-organized retail chains.

Rise in Demand for Paper and Paperboard Goods in North America

North America appears as the second-largest market for paper and paperboard packaging, with a notable consumption trend. Although the average worldwide is 55 kg per person annually, North American consumers significantly exceed this, with a four-fold increase in consumption. Notably, in North America, the use of writing and printing paper has significantly decreased. This category, which by volume makes up around 25% of all paper usage global, has seen significant declines in utilization.

One significant effect of this change in consumption habits is that formerly underserved people now have more access to paper markets. This accessibility has consequently led to a continuous rise in the demand for paper goods. Paper sector adaptations to meet changing customer demands and preferences have been made as conventional North American consumption habits change, characterized by less reliance on printing and writing paper. As a result, the need for paper and paperboard packaging keeps growing due to a combination of conventional uses and the changing needs of various consumer groups in the North American market.

Paper and Paperboard Packaging Market Trends

  • The market for paper and paperboard packaging is placing an increasing amount of attention on environmental sustainability. As an attempt to reduce their influence on the environment, manufacturers are steadily implementing environmentally friendly production methods, recycled fibres, and sustainable forestry techniques.
  • Packaging made of paper and paperboard is adaptable and customisable for a variety of goods and uses.
  • Technological developments in paper and paperboard packaging have encouraged the development of innovative approaches that promote product sustainability, functionality, and protection.
  • The need for paper and paperboard packaging materials appropriate for online retail distribution has grown as e-commerce has expanded.

Rising Demand for Paper and Paperboard in Food and Beverage Sector

The food and beverage industry stands as the largest end-user within the paper and paperboard packaging market, experiencing significant growth driven by various factors. This growth is primarily propelled by the development of the country’s logistics sector, increasing urbanization, and the expanding penetration of organized online retail, leading to heightened growth in fast-moving consumer goods (FMCG), pharmaceutical, and processed food industries. Within this segment, the demand for value-added boxes is particularly pronounced, contributing to the dominance of the food and beverage segment in the global corrugated box packaging market.

Advantages of Paper Bags Over Plastic in Sustainable Packaging

Paper bags are the leading product used in paper and paperboard packaging market. On a large-scale paper bag used in food and beverage products such as snacks, juice and others, also used as shopping bags.

The global trend towards sustainability and environmentally friendly solutions has significantly impacted various industries, with packaging being no exception. Increasing concerns about plastic pollution and environmental degradation have led consumers and businesses to seek alternative packaging options. Paper bags provide a number of advantages over plastic bags. Firstly, they are biodegradable and compostable, which means they decay naturally without leaving hazardous residue.

Report Source: https://www.towardspackaging.com/insights/paper-and-paperboard-packaging-market-sizing

packaging industry

Trends and Transformations in the Ice Cream Packaging Industry

Ice cream, a popular frozen dessert, is experiencing a significant increase in market demand. Despite having lower per capita consumption than other major countries, the ice cream sector is on a spectacular development trajectory, with a Compound Annual Development Rate (CAGR) of around 10-15%. This expansion reflects shifting customer tastes and drives consumption trends, especially in the branded and inventive ice cream categories.

The ice cream packaging industry is experiencing a vital change towards sustainability and convenience. Brands increasingly invest in innovative packaging solutions, prioritizing sustainability and user comfort. For example, industry giants like Nestlé are increasing sustainability efforts in their ice cream packaging methods, reflecting a broader industry trend towards environmental consciousness. As the market evolves, creative packaging solutions will play an essential role in determining the future of ice cream consumption.

The global ice-cream packaging market size to grow from USD 831.98 million in 2022 to attain USD 1306.7 million by 2032, expanding at 4.7% CAGR (2023 – 2032).

  • In July 2023, the collaborative robot (cobot) from Omron, a machinery producer, was used by Ice Bakers, a Danish ice cream company, to assist in the end-of-line packaging of ice cream tubs.

North America Leading Hub for Ice Cream Packaging

North America is the primary hub for the ice cream packaging market, with the United States emerging as a key player. The United States alone produced 1.38 billion gallons of ice cream in 2022, demonstrating the country’s considerable contribution to the sector. This thriving sector has a significant economic impact, contributing $13.1 billion to the United States economy. Furthermore, it creates employment opportunities, sustaining 28,800 direct jobs and earning $1.8 billion in direct payments. Tradition and heritage are essential in the US ice cream scene, with many makers having a rich history extending over 50 years, frequently as family-owned businesses.

Implications for Ice Cream Packaging Industry in Europe

Europe is the second-largest market for ice cream packaging, and significant production figures fuel its importance. The European Union (EU) produced 3.2 billion liters of ice cream in 2022, a 5% increase over the previous year. With 620 million liters produced, Germany led the EU in ice cream manufacturing. France and Italy came in second and third, respectively, with 591 million and 571 million liters produced.

Germany dominated production volume and distinguished out as having the most competitively priced ice cream, with an average price of €1.5 per liter. France and Italy reported higher average costs, €1.9 and €2.3 per liter, respectively. In contrast, Austria produced the costliest ice cream, with an average price of €7.0 per liter, followed by Denmark (€4.4 per liter) and Finland (€2.8 per liter).

Cups Versatile Packing Solutions for Ice Cream

Cups are one of the most used packing materials. These cups are adaptable containers that can accommodate a variety of ice cream, from single serves to larger meals. Cups are famous for their ease, portability, and ability to keep frozen treats fresh.

Cups are available in various materials, including plastic, paper, and edible options such as waffle cones or cookie cups. Plastic cups, in particular, are durable and have airtight sealing capabilities, guaranteeing that the ice cream retains its quality during storage and transportation. On the other hand, paper cups are widely used because of their environmental friendliness and biodegradability.

Ubiquitous Presence in Retail’s Reach in Ice Cream Distribution

Retail outlets are the primary distribution channel in the ice cream packaging business. These retailers include a variety of venues such as supermarkets, convenience stores, specialty ice cream shops, and wholesale clubs. Retail establishments provide a convenient and accessible platform for customers to buy ice cream and other related products. They offer diverse ice cream brands and packaging options, allowing customers to browse and compare products.

Retail outlets frequently use strategic merchandising strategies to promote ice cream items, such as eye-catching displays, signs, and special prices. With their ubiquitous presence and capacity to reach a large consumer base, retail establishments are critical in boosting sales and distribution in the ice cream packaging business.

Competitive Dynamics in the Ice-Cream Packaging Market

The competitive landscape of the Ice-Cream packaging market is dominated by established industry giants such as included ITC Packaging, Uniflex, Huhtamaki Oyj, Amcor Plc, Tetra Laval, Sonoco Products Company, Berry Global Group, Delkor Systems Inc., Insta Polypack, Stora Enso Oyj, Stanpac Inc., IIC Packaging, Delkor Systems Inc., International Paper Company, Sirane Limited. And Safepack Solutions. These giants compete with upstart direct-to-consumer firms that use digital platforms to gain market share. Key competitive characteristics include product innovation, sustainable practices, and the ability to respond to changing consumer tastes.

Ice-Cream Packaging Market Players

Ice-Cream packaging market players included ITC Packaging, Uniflex, Huhtamaki Oyj, Amcor Plc, Tetra Laval, Sonoco Products Company, Berry Global Group, Delkor Systems Inc., Insta Polypack, Stora Enso Oyj, Stanpac Inc., IIC Packaging, Delkor Systems Inc., International Paper Company, Sirane Limited. And Safepack Solutions.

About The Author

Swapna is a seasoned research consultant with expertise in conducting and analyzing complex research projects across various industries. With a deep passion for knowledge discovery and a commitment to delivering actionable insights, Swapna has successfully collaborated with numerous organizations to help them make informed decisions and drive strategic growth. Swapna has developed a strong track record of designing and implementing research methodologies that generate high-quality data and meaningful results.

Report Source: https://www.towardspackaging.com/insights/ice-cream-packaging-market-sizing

import chocolate

Packaging Pleasures: Innovations and Trends in Chocolate Bar Packaging

The chocolate bar, a cherished indulgence made from cocoa solids, butter, sugar, and sometimes milk powder or other flavorings, holds a prominent place in the confectionery market. This sector is crucial and continuously evolving, expected to exceed $130 billion in global retail sales by the end of 2024. 

Consumers are increasingly interested in ensuring that the entire chocolate production process is ethically responsible for farmers and environmentally sustainable in manufacturing and packaging practices. Transparency and traceability have become essential for building consumer trust. A significant 66% of global consumers prefer chocolate brands and products that have a positive impact on both people and the planet. 

The global chocolate bar packaging market size is projected to increase from $47.61 billion in 2022 to approximately $89.74 billion by 2032. This growth is anticipated to occur at a compound annual growth rate (CAGR) of 6.55% during the period from 2023 to 2032.

Chocolate Bar Packaging Market Trends

  • Customers are attracted to chocolate bar packaging that is both convenient and basic in style.
  • Premium chocolate companies invest in high-quality packaging materials and complex design features to portray a sense of luxury and enjoyment.
  • The chocolate bar market is seeing increased demand for sustainable packaging choices, driven by rising consumer environmental consciousness.

Technological improvements drive innovation in chocolate bar packaging, allowing manufacturers to enhance shelf life, product freshness, and tamper resistance. Prominent chocolate corporations, like Mars, Ferrero, Mondelez, and Hershey, hold a dominant position in the market, shaping developments in packaging, flavours, and sustainability efforts. Despite the sector’s overall success and notable sales growth during the pandemic, various challenges hinder the expansion of brands and the industry. The bar chocolates category remains the market’s primary driver, characterized by low consumer engagement and sporadic product consumption. Regarding retail sales, Nestlé España AS emerged as the leading company in 2023, holding a retail value share of (17.3%), followed closely by Ferrero Ibérica SA (15.7%).

Europe’s Leading Position in the Chocolate Bar Packaging Sector

Europe dominates the chocolate bar packaging market, accounting for 35% of the worldwide chocolate business. Packaging plays a vital role in customer choice, with options including sticks, wrappers, and pouches all substantially impacting purchasing decisions.

Switzerland, renowned for its high-quality chocolates, is a significant player in the global market. Swiss brands such as Lindt and Toblerone are well-known worldwide, helping Switzerland maintain its position as one of the world’s leading chocolate exporters. Switzerland has a solid domestic market, with its consumers ranked second globally regarding chocolate consumption per capita.

In Germany, a primary European market, the Consumer Price Index (CPI) for individual chocolate bar consumption increased in 2023 to 119.1 points. This demonstrates that consumer demand remains stable despite swings in economic situations.

Overall, Europe’s chocolate bar packaging market domination demonstrates the region’s importance in driving worldwide trends and customer preferences in the confectionery sector.

For Instance,

  • In January 2024, Nestlé Income Accelerator’s first KitKat with cocoa was launched in Europe. KitKat, one of Nestlé’s most successful and innovative confectionery products, will now become its most sustainable, as the firm revealed the snack bar will be created with 100% chocolate obtained from the Income Accelerator Programme (IAP).

 

Driving Innovation of Stick Pack Technology Reshaping Chocolate Bar Packaging

The chocolate packaging industry is seeing an increase in the adoption of stick packs, driven by rising demand from on-the-go customers and a preference for convenience and eco-friendly packaging options. This revolutionary narrow web flexible packaging alternative is gaining traction because of its versatility and compatibility with a wide range of items, especially with the advent of online retail.

Stick packs provide various advantages, including improved usability with features such as notched and easy-open variants, which make them easier to handle, open, squeeze, and dispense. Their elegant and sophisticated design enables firms to expand their offerings into single-use and bundle packaging, meeting a wide range of consumer tastes and market demands. Stick packs are designed to be thinner while providing more barrier capabilities, enhancing product protection from moisture and oxygen.

Competitive Landscape

The competitive landscape of the chocolate bar packaging market is dominated by established industry giants such as Amcor Plc, Packman Packaging, Swiftpak Limited, Sonoco Products Company, Mondi Plc, Huhtamaki Oyj, Charpak Ltd, Marber S.r.l., Stora Enso Oyj, JBM Packaging, Packle Packaging Industries and The Sherwood Group.  These giants compete with upstart direct-to-consumer firms that use digital platforms to gain market share. Key competitive characteristics include product innovation, sustainable practices, and the ability to respond to changing consumer tastes.

Chocolate Bar Packaging Market Player

Amcor Plc, Swiss Pack, Packman Packaging, Swiftpak Limited, Sonoco Products Company, Mondi Plc, Huhtamaki Oyj, Charpak Ltd, Marber S.r.l., Stora Enso Oyj, JBM Packaging, Packle Packaging Industries and The Sherwood Group.

About Author:

Swapna is a seasoned research consultant with expertise in conducting and analysing complex research projects across various industries. With a deep passion for knowledge discovery and a commitment to delivering actionable insights, Swapna has successfully collaborated with numerous organisations to help them make informed decisions and drive strategic growth. Swapna has developed a strong track record of designing and implementing research methodologies that generate high-quality data and meaningful results. Through careful attention to detail and a meticulous approach. She possesses a diverse skill set, including proficiency in data collection techniques, statistical analysis, and data visualisation.

market

Global Poultry Packaging Market Trends, Challenges and Opportunities

Poultry consists of any domesticated bird reared for egg or meat production, such as ducks, geese, chickens, guinea fowl, and turkeys. The packaging solutions for poultry are diverse and designed to protect the various components they contain. Identifying the best packaging alternatives can take a lot of work for producers. Materials, transportation, and shelf life must all be carefully considered.

Convenience, sustainability, creativity, and waste reduction are no longer merely desirable qualities. They are increasingly required by customers and investors seeking a modern culinary experience. There is a rising focus on developing processing and packaging solutions that benefit customers and the environment. The sustainability of packaging materials significantly impacts consumer purchase decisions and investment in innovation.

The global poultry packaging market size is projected to experience significant growth, with its value expected to increase from USD 2.98 billion in 2022 to approximately USD 4.87 billion by 2032. This growth is anticipated to occur at a compound annual growth rate (CAGR) of 5.1% between 2023 and 2032.

Report Highlights: Important Revelations

  • Flourishing poultry packaging market in North America.
  • Europe’s ascendancy as a major contender in poultry packaging.
  • Growing preference for plastic in poultry packaging.
  • Flexible bags catering to diverse poultry packaging requirements.
  • Transforming dynamics of the global poultry retail sector.
  • Predominance of chicken in the poultry packaging landscape.

 

Globally, poultry meat is expected to account for 41% of total meat protein by 2030, up 2% from the baseline. Poultry prices are projected to track grain prices closely since feed costs account for many production expenses, and output responds quickly to rising worldwide demand. Although poultry meat production will continue to be the primary driver of meat production development, its expansion rate is expected to decline compared to the preceding decade. The rise in packaging demand is partly attributed to the production and consumption of poultry products.

Poultry Packaging Market Trends

  • Poultry packaging options that enhance shelf life using modified atmosphere packaging (MAP), vacuum packing, and active packaging technologies are becoming increasingly popular.
  • Consumers are becoming more aware of food safety and ingredient transparency, increasing demand for poultry packaging with clear product information and labeling.
  • Innovative contemporary package design is integral to improving the visual appeal and functionality of poultry packaging.
  • Integrating smart packaging technologies such as RFID tags, QR codes, and sensors transforms the poultry packaging industry.

Robust Poultry Packaging Market in North America

The poultry packaging market in North America is one of the largest and most dynamic segments of the overall packaging industry. Several vital variables contribute to this strong presence. North America, particularly the United States, consumes a significant amount of chicken, over 15,000 metric tons per year, considerably outpacing other regions. Chicken has become an integral part of American cuisine, from popular meals like chicken wings at sporting events to its use as an essential ingredient in soups and other cuisines. This extensive consumption creates a demand for economical and novel poultry packing options.

Emergence of Europe as a Key Player in Poultry Packaging

Innovation in the poultry packaging market is driving substantial changes, particularly as European packers and retailers look for more sustainable and innovative ways to boost sales. This push for innovation is spurred by changing consumer habits and a growing awareness of environmental problems, particularly those related to food and packaging waste. As a result, there has been a considerable shift from old polypropylene (PP) packaging to more modern options such as polyethylene terephthalate (PET) packaging.

Increasing Demand for Plastic in Poultry Packaging

Plastic continues to be the most widely used material in the poultry packaging industry, with PET overtaking PP in popularity because of its benefits. Although PET has been used in poultry packaging for a while, packers and retailers have only now understood its advantages.

PET has a higher gas barrier performance than PP and is more aesthetically pleasing because of its clarity and glitter. It also has better environmental credentials. PET also helps packaging lines operate more efficiently in terms of manufacturing. Trays composed of rPET laminated to PE, for example, require lower sealing temperatures than trays made of PP, which saves energy.

Dominance of Chicken in the Poultry Packaging Market

Chicken is a primary product of the poultry business, which includes chicken, turkey, duck, and goose. Poultry products are known for their low-fat content, affordability, and diversity in cooking methods. However, because food is highly perishable, careful care is required to avoid foodborne infections, making packaging critical for protection and preservation.

Chicken is well-known worldwide for its easy preparation, availability, and excellent flavor. It also appeals to consumers who want low-calorie, easily digestible meal options. While chicken is a regular ingredient on menus, turkey has grown in favor. Duck, goose, and other poultry kinds are less popular.

Poultry Packaging Market Player

Poultry packaging market top players such as Amcor PLC, ProAmpac LLC, UFlex Limited, Berry Global, Inc., Winpak Limited, Sealed Air Corporation, Smurfit Kappa, ULMA GROUP, Glenroy, Inc., International Paper, Smart Packaging Solutions, Safepack and Huhtamaki.

About Author:

Swapna is a seasoned research consultant with expertise in conducting and analysing complex research projects across various industries. With a deep passion for knowledge discovery and a commitment to delivering actionable insights, Swapna has successfully collaborated with numerous organisations to help them make informed decisions and drive strategic growth. Swapna has developed a strong track record of designing and implementing research methodologies that generate high-quality data and meaningful results.

Report Source: https://www.towardspackaging.com/insights/poultry-packaging-market-sizing

snack market

Snacks Packaging Market to Acquire USD 28.07 Billion by 2032

The snack packaging industry is experiencing increased demand for packaging solutions catering to customer convenience and preferences. Snacks, being a popular choice for quick, informal, or on-the-go eating, necessitate packaging that is simple to open, keeps the product fresh, and is portable. Customers are willing to spend a 10-to-50 percent premium for packaging that fits these criteria.  2023, the global snack market will generate USD 1,220.9 billion in revenues. 

By 2022, the average income per capita for cookies and crackers had risen to $34.93, $11.42 for potato chips, and $20.32 for flips, tortilla chips, and pretzels.

Report Highlights: Important Revelations 

  • Asia Pacific’s flourishing snack packaging industry.
  • Emergence of substitute packaging materials in north America’s snack market.
  • Balancing durability and style plastics take center stage in snacks packaging.
  • Flexible snack packaging combining lightweight design with versatility.
  • Meeting versatile snack packaging needs with resealable pouches.

The snacks packaging market size to rise from USD 17.82 billion in 2022 is estimated to reach USD 28.07 billion by 2032, growing at a CAGR of 4.7% between 2023 and 2032.

Asia Pacific’s Thriving Snack Packaging Market

The snack packaging market, significant in the Asia Pacific region, has experienced substantial growth despite the obstacles presented by the pandemic and changes in the world economy. Countries in Asia Pacific are dealing with the inflationary consequences of the global environment as they emerge from the epidemic in 2023. The snack packaging market has demonstrated positive volume and value growth in 2023, with predictions of continuous expansion over the projected term, despite China experiencing rises in COVID-19 cases.

Rise of Alternative Packaging Materials in North America’s Snack Market

North America is the second-largest market for snack packaging, with various corporations and startups showing an increased interest in the region. This rising trend is characterized by substantial investments in the development of alternative packaging materials that prioritize recyclability, reusability, compostability, or biodegradability, hence reducing environmental impact.

Cookies emerged as the most popular snack option, with 59 percent of respondents indicating a regular fondness for these sugary comfort foods. Potato chips come in second, with 58 percent of snackers preferring them over healthier veggie options, which only appeal to 24 percent of customers.

Snacks Packaging Market Trends

  • Minimalism has been a long-standing and popular trend in snack packaging. Consumers want transparency and honesty, especially regarding production processes and ingredients.
  • The sustainable snack food packaging trend requires fewer natural resources, allowing firms to continue creating product packaging at cheaper costs while increasing long-term stability.
  • 38% of people are willing to acquire a newly introduced product if it includes all relevant information on the snack package. People are becoming more mindful of what they consume.
  • Reusable zipper tapes, adhesives, sliders, lidding films, and other materials may be helpful. With these new package designs, consumers can keep snacks fresh in their original containers and prevent food waste.

Resealable Pouches Meeting the Demand for Versatile Snack Packaging

Single-use containers, sometimes called “stand-up pouches,” are pliable foil or plastic pouches intended to carry food or drinks. Snack food packaging has recently become increasingly popular due to the growing need for customized pouches that accommodate different snacks.

These resealable pouches are becoming increasingly popular because they don’t harm the environment. Materials like cardboard, metal, and glass are gradually replaced by polyethylene terephthalate (PET).

Lightweight and Versatile Appeal of Flexible Snack Packaging

Flexible and rigid packaging are the two main types of snack food packaging. Flexible packaging is lighter than rigid packaging because it is typically composed of bags or pouches sealed with heat or pressure and comprised of materials like plastic, film, foil, or paper. Customers enjoy snack bags and pouches that can hold many servings and have resealing technology since they keep food fresh and can be used for various occasions. Essential features in this category include zippers, hook-and-loop fasteners, and resealable stickers.

Competitive Landscape

The competitive landscape of the snack packaging market is dominated by established industry giants such as Graham Packaging Holdings, Bryce Corporation, Sonoco Products, Bemis Company, Swiss pack private limited, American Packaging, Sealed Air Corporation, Printpack, Inc., WestRock Company and Tetra Pak International S.A. These giants compete with upstart direct-to-consumer firms that use digital platforms to gain market share. Key competitive characteristics include product innovation, sustainable practices, and the ability to respond to changing consumer tastes.

Bryce Corporation offers chips, pretzels, or something completely new to the snack market; a cutting-edge package design will set the product apart. Engineered to maintain freshness and increase shelf life, your salty snacks will always be crisp and ready to eat, spearheading the snack industry’s move from paper and cellophane to plastic packaging by pioneering extrusion lamination technology.

Report Source: https://www.towardspackaging.com/insights/snack-packaging-market-sizing

About The Author

Swapna is a seasoned research consultant with expertise in conducting and analyzing complex research projects across various industries. With a deep passion for knowledge discovery and a commitment to delivering actionable insights, Swapna has successfully collaborated with numerous organizations to help them make informed decisions and drive strategic growth. Swapna has developed a strong track record of designing and implementing research methodologies that generate high-quality data and meaningful results. 

Through careful attention to detail and a meticulous approach. She possesses a diverse skill set, including proficiency in data collection techniques, statistical analysis, and data visualization. With expertise in both qualitative and quantitative research methods, Swapna is adept at crafting research frameworks tailored to the unique needs and objectives of each project. By leveraging advanced analytical tools and software, Swapna transforms complex data sets into concise and impactful reports that drive actionable insights.

 

tea packaging

Tea Packaging is Brewing a Billion-Dollar Market Growth

The tea packaging market, valued at USD 5.92 billion in 2022 reaching USD 9.32 billion by 2032 at expanding CAGR of 4.7% between 2023 and 2032. This exponential rise underscores the immense opportunities awaiting stakeholders across the supply chain.

Report Highlights: Important Revelations

  • Global tea packaging sector is starting at a value of USD 5.92 billion in 2022.
  • The market is expected to surge, reaching an estimated value of USD 9.32 billion by 2032.
  • This expansion is growing at a CAGR of 4.7% over the period from 2023 to 2032.
  • Discovering the preference for strong tea packaging in the Asia-Pacific Region.
  • Specialty tea packaging flourishes in Europe’s market.
  • The rise of tea bags in packaging preference.
  • Capturing the essence of black tea in packaging design.

Tea is the plant’s leaves, leaf buds, and internodes that have been dried and prepared for drink use. This drying process can be done immediately with heat or after fermentation.

Tea is the world’s second most consumed beverage, with a vast global following of tea drinkers. The global tea market, worth a whopping US$ 21 billion, is still proliferating, with per capita tea consumption increasing by 2.5% over the last decade, notably in tea-producing regions. Given these developments, the significance of strategic tea packaging decisions for businesses operating in this fast-paced industry cannot be emphasized. Traditionally, tea packaging has depended on traditional materials such as boxes and tins. However, the scene is fast changing, owing to the rise of online sales platforms and subscription models, which have fundamentally altered how tea products are advertised and distributed. In response to these shifting dynamics, great tea companies increasingly adopt flexible packaging solutions to comply with changing consumer preferences and market trends.

Tea Packaging Market Trends

  • Minimalist packaging designs with clean lines, minimal lettering, and lovely illustrations are becoming increasingly popular in the tea market.
  • Convenience-driven packaging solutions, such as resealable pouches, single-serve tea bags, and portable container forms, appeal to on-the-go consumers who want ease of use and mobility.
  • Brands are implementing eco-friendly products such as biodegradable plastics, compostable packaging, and recyclable materials.
  • Smart packaging designs that prioritize utility and user experience are becoming more significant.

Exploring the Strong Tea Packaging Affinity in the Asia-Pacific Region

The Asia Pacific region leads the global tea packaging market because of several characteristics, such as solid health positioning, a strong cultural affinity for tea, competitive price, and local production capabilities. Strong tea cultures, vast production facilities, and substantial populations are advantages for leading regional tea markets, including China, India, Japan, and Indonesia. In addition, there’s a discernible upsurge in customer demand in the tea market for creative flavors, various origins, and sustainability. 

China’s global tea exports are growing at a CAGR of 0.57%, a noteworthy growth trajectory. But by 2022, China’s CAGR had risen to a remarkable 9.18%, indicating a notable acceleration of export development in recent years.

Europe’s Thriving Market for Specialty Tea Packaging

Europe, which comes in right behind Asia Pacific, is the second-largest market for tea packaging. Interest in premium specialty teas has significantly increased throughout Europe and other developed countries with developed markets. Green and fruit teas are becoming more popular because of their purported health benefits and changing customer preferences. Customers are increasingly looking for distinctive and high-quality tea kinds to improve their tea-drinking experience, which is particularly noticeable in Europe. With an incredible 1,300 cups of tea consumed on average per person each year, Turkey is the country that consumes the most tea worldwide. Tea is a significant part of Turkish society and daily life, as this outstanding tea culture highlights.

Turkey’s tea industry generated US$3.5 billion in revenue in 2024, demonstrating the beverage’s enormous economic significance. The European tea packaging market is changing due to consumers’ interest in specialty teas and unusual flavors. In response to consumer demand, brands provide a wide assortment of premium teas in creative and eye-catching packaging designs. To satisfy the changing needs of contemporary consumers, packaging options that put sustainability, convenience, and product freshness first are included.

Report Source: https://www.towardspackaging.com/insights/tea-packaging-market-sizing

 

Refillable Packaging Market Size Hits USD 61.72 billion by 2032

The worldwide market for refillable packaging is on an upward trajectory, starting at a value of USD 41.50 billion in 2022 and projected to surge to an estimated USD 61.72 billion by 2032. This expansion, registering a consistent Compound Annual Growth Rate (CAGR) of 4.1% from 2023 to 2032, is indicative of the significant momentum behind refillable packaging solutions.

  • The worldwide refillable packaging market is poised for growth, starting at a value of USD 41.50 billion in 2022.

  • The market is expected to surge, reaching an estimated value of USD 61.72 billion by 2032.

  • This expansion is registered at a consistent CAGR of 4.1% over the period from 2023 to 2032.

  • Rise of refill packaging in the global sustainability movement.

  • Embracing refillable packaging in e-commerce marketing.

  • Gaining consumer insights through refill-on-the-go technologies.

Driving Sustainability with Refill Packaging Innovations

Refill packaging emerges as a pivotal player in the global sustainability movement, offering an environmentally friendly alternative to single-use disposables across various sectors. From beverage packaging to cosmetics and natural cleaning products, refillable containers encourage consumers to embrace sustainability by facilitating frequent refills and reuses. 

With an aim to foster a culture of reuse and substantially reduce plastic waste, refill packaging solutions prioritize longevity and practicality. This shift towards refillable containers aligns with the urgent need to address the staggering levels of plastic pollution, exemplified by the alarming statistics of plastic waste entering oceans annually.

Empowering E-Commerce through Refillable Packaging

E-commerce businesses, particularly those in the Consumer Packaged Goods (CPG) sector, stand to capitalize on the rising popularity of refillable packaging. Integrating refillable options into marketing strategies not only promotes sustainable practices but also enhances brand visibility and customer loyalty. 

By highlighting the long-term benefits of refillable packaging, businesses can appeal to environmentally conscious consumers and differentiate themselves in the competitive retail landscape. Moreover, the tactile experience of handling refillable packaging can serve as a powerful marketing tool, fostering brand recognition and preference among consumers.

Harnessing Consumer Insights with Refill-on-the-Go Technologies

Refill-on-the-go solutions, encompassing in-store dispensing platforms and packaging-free “buy by weight” concepts, offer valuable opportunities for customer engagement and data acquisition. These models cater to evolving consumer preferences by providing customizable experiences and minimizing wasteful product consumption. 

By leveraging refill-on-the-go technologies to capture consumer data and preferences, marketers can gain valuable insights into consumer behavior and tailor their offerings accordingly. This personalized approach not only enhances the overall customer experience but also strengthens brand-consumer relationships in an increasingly competitive market landscape.

Refillable Packaging Market Trends

Trends
Expansion Across Various Industries The refillable packaging is becoming increasingly popular in various industries, such as food and beverage, household cleaning products, and personal care. Refillable packaging models are gaining popularity among businesses, and as more sectors look at environmentally friendly packaging solutions, this trend will probably continue
Innovations in Design and Material Refillable packaging is constantly evolving in terms of both material and design. Manufacturers are investigating materials that are lightweight, strong, and reusable. Innovative and appealing designs improve the consumer experience in general and promote the use of refillable container options.
Retailer and Brand Initiatives Retailers and businesses actively promote refill stations and refillable packaging choice to reduce single-use packaging. Retailers and packaging producer collaborate to develop easily accessible refill systems, encouraging customers to make sustainable decisions.
Rising Demand for Sustainable Solutions Demand for sustainable packaging choices rises as people become more conscious of environmental issues. Reusable containers that encourage refilling are becoming increasing popular as an environmentally preferable substitute for single-use packaging. Customers are actively looking for goods that have a minor environmental impact.

 

Green Initiatives Propel Asia-Pacific to Pinnacle of Refillable Packaging Excellence

Asia-Pacific Dominance in Refillable Packaging Industry

  • Environmental Awareness Driving Market Leadership: The Asia-Pacific region has emerged as a leading force in the refillable packaging industry, propelled by a strong emphasis on environmental conservation and sustainable practices. Growing awareness and concern for ecological preservation have propelled the region’s dominance in refillable packaging solutions.

  • Rising Demand for Eco-Friendly Alternatives: As customers become increasingly environmentally conscious, the demand for eco-friendly substitutes to traditional packaging is on the rise. Refillable options stand out as a sustainable choice in response to this growing need for environmentally friendly packaging solutions.

North America’s Rapid Rise in Refillable Packaging Sector

  • Emphasis on Business Sustainability: North America has emerged as a significant player in the refillable packaging industry, driven by a strong emphasis on business sustainability and increased consumer awareness. Customers in the region show a notable preference for products packaged in eco-friendly materials, with refillable solutions gaining popularity.

  • Regulatory Support Driving Adoption: Regulatory actions and government assistance have played a crucial role in promoting refillable packaging solutions in North America. Several states and provinces have enacted rules to encourage sustainable packaging alternatives, contributing to the region’s leadership in the refillable packaging market.

Report Source: https://www.towardspackaging.com/insights/refillable-packaging-market-sizing

adhesive White Glove Delivery

Packaging Adhesive Market Size Journey Towards USD 23,000 Million by 2032

The global packaging adhesive market size is set for a remarkable journey towards USD 23,000 million by 2032. This substantial growth, soaring from USD 12,540 million in 2022, signifies a compelling compound annual growth rate (CAGR) of 6.3% between 2023 and 2032.

Important Revelation:

  • Global packaging adhesive market projected at USD 23,000 million by 2032.
  • Asia Pacific leads the way in packaging adhesive supremacy by 40% market share.
  • North America’s ascension as the second premier market for packaging adhesives.
  • Water-based adhesives spearhead technological advancements in the packaging industry.
  • Flexible packaging commands the packaging adhesive revolution.

The packaging adhesive market is witnessing several trends that are shaping its trajectory globally. One prominent trend is the increasing emphasis on sustainability. With growing environmental concerns, there is a rising demand for eco-friendly packaging adhesives. This includes the adoption of water-based adhesives, which are considered more environmentally friendly than solvent-based alternatives. Manufacturers are investing in research and development to create adhesives that offer high performance while minimizing their impact on the environment. Both regulatory requirements and consumer preferences for sustainable packaging solutions drive this trend.

Asia Pacific Leads the Way in Packaging Adhesive Supremacy

The Asia Pacific region has emerged as a dominant force in the packaging adhesive market, and several key factors contribute to its commanding position. In Asia, economic growth was approximately 3.5 per cent. One of the primary drivers is the rapid pace of industrialization and urbanization in countries such as China and India. 

China alone contributed to around 20% of the world’s adhesives. As these nations continue to undergo significant economic development, there is a parallel surge in the demand for packaged goods, ranging from food and beverages to consumer products. This escalating demand, driven by a rising population and increasing disposable income, propels the need for efficient and reliable packaging solutions, thereby fuelling the demand for packaging adhesives.

For Instance,

  • In November 2022, Bostik, a well-known international adhesive expert for the customer, building, and industrial industries, introduced two cutting-edge products for the Indian tape and label market.

The region’s dynamic economic growth has also led to the expansion of various end-use industries, notably the food and beverage sector. With changing lifestyles and preferences, there is an escalating trend toward packaged and convenience foods, creating a substantial market for packaging adhesives. Additionally, the robust growth of the manufacturing sector in the Asia Pacific region further amplifies the demand for packaging materials and adhesives, given their integral role in securing and sealing diverse packaging formats.

For Instance,

  • In October 2021, Henkel launched a RE-product line to help promote a circular economy. A new variety of adhesives and varnishes allows for better packaging recycling.

Water-Based Adhesives Spearhead Technological Advancements in the Packaging Industry

In the ever-evolving landscape of adhesive technologies, water-based adhesives emerge as frontrunners, leading the charge in the packaging adhesive market. The supremacy of water-based adhesives is rooted in their eco-friendly attributes, low Volatile Organic Compound (VOC) emissions, and unwavering compliance with stringent environmental regulations. Renowned for their versatility, these adhesives exhibit robust bonding capabilities across various substrates without compromising safety standards.

For Instance,

  • In Feb 2021, H.B. Fuller introduced a novel water-based glue for the paper straw business. The new Swift Tak 5730 adhesive will aid in producing consumer-safe, liquid-resistant paper straws.

Flexible Packaging Commands the Packaging Adhesive Revolution

Flexible packaging emerges as the vanguard among application segments, paving the way for a transformative era. The surge in adopting flexible packaging is underpinned by its trifecta of virtues lightweight design, cost-effectiveness, and unparalleled convenience. Industries at the forefront of consumer engagement, such as food and beverage, healthcare, and personal care, are leading the charge in the widespread embrace of flexible packaging formats. By 2025, the market value of the global flexible packaging industry is expected to reach USD 278.9 billion. The flexible packaging market is anticipated to be driven by consumer demand for customer-friendly Packaging and increased product protection. 

Browse More Insights of Towards Packaging:

  • The global cosmetic packaging market size accounted for USD 33.07 billion in 2022 to reach USD 54.13 billion by 2032 at 4.5% CAGR from 2023 to 2032.

  • The global edible packaging market size current valuation, standing at USD 1.4 billion in 2022 projected to culminate zenith of USD 5.26 billion by 2032 at 14.2% CAGR between 2023 and 2032.

  • The global active packaging market size is estimated to grow from USD 19.2 billion in 2022 at 7.5% CAGR to reach an estimated USD 39.51 billion by 2032, between 2023 and 2032.

  • The global antimicrobial packaging market size was at USD 10.77 billion in 2022 to hit around USD 18.81 billion by 2032, at 5.7% CAGR between 2023 to 2032.

  • The global automotive packaging market size is estimated to grow from USD 8.18 billion in 2022 to reach an estimated USD 13.87 billion by 2032, at 5.4 % CAGR between 2023 and 2032.

For Instance,

  • In September 2023, Brilliant Polymers, a flexible packaging laminating adhesives developer, launched two new and highly creative product lines developed by the firm at the just-ended 10th Specialty Films & Flexible Packaging Global Summit 2023.

Competitive Landscape:

The packaging adhesive market features a competitive landscape, with key players vying for market share and striving for technological advancements. Major players in the industry include Henkel AG & Co. KGaA, 3M Company, H.B. Fuller Company, and Bostik, Arkema Group, among others. These companies are engaged in strategic initiatives such as mergers and acquisitions, product innovations, and partnerships to strengthen their market position.

Packaging Adhesive Market Key Players

  • Henkel AG & Co. KGaA
  • Arkema S.A.
  • H.B. Fuller Company
  • Dow Inc.
  • Bostik SA (an Arkema company)
  • Ashland Global Holdings Inc.
  • Avery Dennison Corporation
  • Dymax Corporation
  • 3M Company
  • Jowat SE