The contract packaging market size was valued at USD 93.26 billion in 2024. The market value is projected to increase from USD 98.77 billion in 2025 to USD 141.14 billion by 2032, exhibiting a CAGR of 5.23% during the forecast period. Asia Pacific dominated the contract packaging market with a market share of 34.15% in 2024. This information is provided by Fortune Business Insights , in its report titled, “ Contract Packaging Market, 2025-2032 .”
Contract packaging, also known as co-packaging, is a packaging service provided by packaging firms to manufacturers. It includes product packaging, package design, and in some cases storage and distribution of products as well.
The packaging of a product plays an essential role in ensuring product safety while travelling and maintaining its shelf life. However, packaging can be expensive as it involves the usage of lots of resources and machinery. To counter these issues, manufacturers opt for co- packaging services.
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List of Key Players Mentioned in the Report:
- Accu Tec Inc.
- Aaron Thomas Co. Inc.
- Bernard Laboratories Inc.
- AmeriPac Inc.
- CCL Industries Inc.
- Deufol SE
- Hanzo Logistics
- Marsden Packaging Ltd.
- Hollingsworth
- Pharma Tech Industries
- UDG Healthcare
- Unicep Packaging LLC
Segmentation:
Based on material, the global market is divided into plastic, glass, metal, and paper & paperboard. Among these, the plastic segment captured majority of the global market share in the recent past due to the low cost of plastic and its lightweight nature.
As per end use industry, the global market is split into pharmaceuticals, personal care, food & beverages, electronics, and others. The food & beverage segment held the largest share in the global market in the past years owing to growing spending on packaged food & beverages as a result of higher per capita income.
Regionally, the industry is fragmented into Europe, Asia Pacific, North America, Latin America, and the Middle East & Africa.
Report Coverage:
The report examines the global market thoroughly by dividing it into regions and segments. Detailed information regarding key drivers propelling market augmentation is given as well. Furthermore, market share held, growth rate, and valuation of each segment and region is provided in the document.
Drivers and Restraints:
Surging Small and Medium Scale Businesses to Propel Market
The growing number of small and medium scale businesses worldwide will facilitate the contract packaging market growth over the analysis timeframe. The growth of e-commerce industry has also boosted the demand for contract packaging thus contributing to market expansion. Moreover, the demand for pharmaceutical, electronics, and food & beverages consumer goods is increasing, which, in turn, will facilitate market expansion.
On the other hand, surging adoption of in-house packaging to ensure timely delivery of products to consumers will likely hamper market proliferation in the upcoming years.
Regional Insights:
North America to Lead Owing to Growing Industrialization
North America held the largest contract packaging market share due to presence of leading players and rising industrialization in the region. Growing income of population in tandem with higher consumer spending will aid market proliferation as well.
Meanwhile, Asia Pacific is anticipated to register the highest growth rate over the forecast timeframe owing to rising per capita income and increasing population. Moreover, governments in this region are promoting small and medium scale industries resulting in rapid urbanization and industrialization.
The Middle East & Africa and Latin America are expected to register substantial expansion owing to growth of food & beverage and pharmaceutical sectors and increasing adoption of western lifestyle.
Information Source: https://www.fortunebusinessinsights.com/contract-packaging-market-106869
Competitive Landscape:
Increased Production Capacity to Raise Profits
Industry leaders often make strategic decisions such as mergers & acquisitions, partnerships, and product launches to generate higher revenues and maintain their foothold in the market. One such move is increasing production capacity by establishing new manufacturing facilities, expanding old ones, or using advanced technologies.
Key Industry Development:
April 2024: Tjoapack doubled its production capacity by increasing the size of its Netherlands-based facility from 8,400 square meters to 11,500 square meters.
The global flooring market size is projected to grow from USD 439.27 billion in 2025 to USD 646.70 billion by 2032, exhibiting a CAGR of 5.7%. In 2024, the market was valued at USD 416.56 billion. Asia Pacific dominated the flooring market with a market share of 52.39% in 2024. Moreover, the flooring market size in the U.S. is projected to grow significantly, reaching an estimated value of USD 39.25 billion by 2032.
Flooring is a material that is applied to a subfloor structure to arrange a walking surface. The flooring products utilized are vinyl tiles, ceramic, carpets, and laminates, delivering a clean, smooth, attractive, and hard surface to the floor. The surging new construction facilities propel market growth.
Fortune Business Insights™ mentions this in a report titled, “ Flooring Market, 2025-2032 .”
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List of Key Players Present in the Report :
- Mohawk Industries, Inc. (U.S.)
- Shaw Industries Group, Inc. (U.S.)
- TARKETT S.A. (France)
- Armstrong Flooring, Inc. (U.S.)
- Forbo Flooring Systems (Netherlands)
- Gerflor (France)
- Interface, Inc. (U.S.)
- Beaulieu International Group (Belgium)
- Toli Corporation (Japan)
- Milliken & Company (U.S.)
- Congoleum (U.S.)
- Flowcrete (U.K.)
- James Halstead (U.K.)
- The Dixie Group (U.S.)
- Victoria PLC (U.K.)
Segments
Growing Need for Easy-to-Install Floor Coverings to Drive Non-Resilient Segment Growth
Based on type, the market is segmented into non-resilient, resilient, and carpets & rugs. The non-resilient segment held the largest flooring market share in 2023. The segment’s growth is attributed to the surging demand for easy-to-install floor coverings.
Increasing Disposable Income of People to Drive Residential Segment Growth
By end-use, the market is segmented into residential, commercial, and industrial. The residential segment is dominating the market. The growth is attributed to the growing population and the growing disposable income of consumers globally.
Geographically, the market is studied across North America, Europe, Asia Pacific, South America, and the Middle East & Africa.
Report Coverage
The report offers:
- Major growth drivers, restraining factors, opportunities, and potential challenges for the market.
- Comprehensive insights into regional developments.
- List of major industry players.
- Key strategies adopted by the market players.
- The latest industry developments include product launches, partnerships, mergers, and acquisitions.
Drivers & Restraints
Augmenting Global Population to Drive Market Expansion
The surging population globally, further generating significant demand for the housing facilities drive the flooring market growth. The increasing focus of many manufacturers on delivering suitable aesthetic surface solutions and maintaining the house's interior, fulfilling the specifications related to impact resistance, durability, and strength to propel the market growth.
However, the reduced availability and price volatility of the petroleum-based raw materials used to produce products, including vinyl surfaces for floors, may impede market expansion.
Flooring is a finishing material applied over a floor or subfloor structure to arrange for a walking surface. These products offer properties such as resistance to dents, scratches, and moisture and are easy to clean. Majorly used products include ceramic tiles, carpets, vinyl tiles, and laminates, as they provide a smooth, hard, clean, and attractive surface to the floors. These benefits lead consumers to use floor products while renovating existing and developing new residential and non-residential buildings. Increasing new construction facilities and the surging demand for residential buildings, healthcare facilities, and commercial amenities drive market growth.
Regional Insights
Increasing Planned Investments to Drive Market Expansion in Asia Pacific
Asia Pacific holds the largest market share and accounted for USD 205.76 billion in annual revenue during 2023. The region’s growth is driven by rapid industrialization, rising planned investments, and structure policies for construction activities in Asia Pacific nations, such as India, China, and others.
Europe is witnessing significant growth in the market. The growth is attributed to the increasing consumer preference and expenditure toward luxurious living spaces in the region.
Information Source: https://www.fortunebusinessinsights.com/flooring-market-102740
Competitive Landscape
Growing Focus of Major Market Players on Acquisitions to Drive Market Growth
The flooring market consists of many key players globally. The increasing adoption of acquisitions, new product development, and joint ventures to expand their product portfolio and regional presence drives market growth.
Key Industry Development
November 2021 – Beaulieu Flooring Solutions launched a unique latex-free carpet. It is the first recyclable event carpet globally, primarily product for corridors, entrance halls, and fair stands. The carpet launch will help Beaulieu Flooring Solutions expand its product portfolio.
Nitric Acid Market Forecast: Trends, Growth Drivers & Industry Analysis 2032
By ameliasss, 2025-04-16
The global nitric acid market size was valued at USD 23.73 billion in 2023 and is projected to grow from USD 24.56 billion in 2024 to USD 32.64 billion by 2032, exhibiting a CAGR of 3.6% during the forecast period. Asia Pacific dominated the nitric acid market with a market share of 51.45% in 2023. Moreover, the nitric acid market size in the U.S. is projected to grow significantly, reaching an estimated value of USD 3.19 billion by 2032, driven by growing demand for lightweight and fuel-efficient automobiles and increasing new construction and renovation activities leading to market size growth.
Nitric acid (HNO3), also known as aqua fortis, is a colorless compound that turns yellow over a period of time due to the decomposition of nitrogen and water into oxides. The compound is highly corrosive in nature and has major applications in the production of ammonium nitrate and other chemicals for formulating fertilizers. The compound has other applications that produce chemicals such as nitrobenzene, adipic acid, and chloronitrobenzene. These chemicals are further used in various end-use industries such as plastics, automotive, and construction. Vehicle manufacturers are concentrating on cutting-edge technologies owing to the rising demand for lightweight automobiles. This, in turn, is anticipated to propel the demand for HNO3 as companies are transitioning toward nylon to reduce weight and enhance fuel capacity. Fortune Business Insights presents this information in their report titled "Global Nitric Acid Market, 2024–2032."
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Major Players Profiled in the Report:
- BASF SE (Germany)
- Nutrien (Canada)
- EuroChem (Switzerland)
- CF Industries Holdings, Inc. (U.S.)
- Omnia Holdings Limited (South Africa)
- Dyno Nobel (Australia)
- Enaex S.A. (Chile)
- Sasol (South Africa)
- LSB Industries (U.S.)
- IXOM (Australia)
Segments
Dominance of Fertilizers Segment Driven by Growing Agricultural Activities
Based on application, the market is segmented into fertilizers, nitrobenzene, adipic acid, toluene di-isocyanate, and others. The increasing demand for agricultural activities to meet the needs of a growing population has led to the fertilizers segment holding the largest share nitric acid market share. It is utilized in the production of fertilizers such as ammonium nitrate and calcium ammonium nitrate, which play a vital role in achieving high-quality and abundant crop yields.
From the regional ground, the market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
The increasing demand from consumers for lightweight vehicles has led manufacturers turning toward innovation and advancement in the automotive industry, thus creating high consumption opportunities for HNO3 that positively affect the market.
Report Coverage
The comprehensive report presents an intricate examination of the market, with a specific emphasis on prominent enterprises, cutting-edge technologies, and prominent application domains. Moreover, the research report provides valuable observations on prevailing market trends and showcases noteworthy advancements within the industry. Alongside the aforementioned elements, the report encompasses numerous factors that have played a significant role in fostering the market's expansion in recent times.
Drivers and Restraints
Growing Construction Activities and Infrastructure Projects Propel Market Growth
The market growth is driven by increased construction activities, as Toluene di-isocyanate (TDI) and HNO3 intermediate are essential in the production of polyurethane foams, wood and floor coatings, and insulation materials. Additionally, the growth of the HNO3 market is fueled by improving consumer lifestyles, rising renovation activities, and new infrastructure projects initiated by governments.
However, governmental policies aimed at environmental protection and waste reduction pose challenges to the nitric acid market growth.
Regional Insights
Asia Pacific Emerges as a Prominent Region with Growing Demand across Industries
Asia Pacific achieved a market size of USD 11.78 billion in 2022, driven by the growing demand for the product across diverse industries such as automotive, agriculture, and construction.
North America is projected to hold a substantial share of the global market, which can be attributed to the region's rapid technological advancements and high disposable income of its consumers.
Information Source: https://www.fortunebusinessinsights.com/nitric-acid-market-104566
Competitive Landscape
Key Players Focus on Collaborations and Strategies to Maintain Competitive Edge
Major industry players are actively engaged in enhancing their capacities, driving product innovation, pursuing acquisitions and mergers, and fostering collaborations to gain a competitive advantage in the global market.
Key Industry Development
- January 2023: Dorogobuzh introduced a new 135-ktpa UKL nitric acid unit in Smolensk region. The company’s engineering research and design center is designing this project, which costs around USD 17 million. The company’s nitric acid production capacity will reach 1.5 million tons per annum with the help of this launch.
The global home care packaging market size was valued at USD 32.55 b illion in 2023. The market is expected to expand from USD 34.11 b illion in 2024 to USD 52.22 b illion by 2032, exhibiting a CAGR of 5.47 % over the study period.
Home care packaging is utilized for the protection and safeguarding the contents from contamination caused by microbes. The growing usage of flexible packaging coupled with rising emphasis on consumer-centric packaging production boosts the market expansion.
Fortune Business Insights™ provides this information in its research report, titled “ Home Care Packaging Market Size, Share, 2025-2032 ”.
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List of Key Players Mentioned in the Report:
- Amcor Plc (Switzerland)
- AptarGroup Inc. (U.S.)
- Ball Corporation (U.S.)
- DS Smith (U.K.)
- Mondi (U.K.)
- ProAmpac (U.S.)
- Huhtamaki (Finland)
- Silgan Holdings (U.S.)
- Sonoco Products Company(U.S.)
- Constantia Flexibles (Austria)
- WestRock (U.S.)
- ALPLA (Austria)
- Graham Packaging Company (U.S.)
- Greiner Packaging (Austria)
- EPL (India)
Segmentation:
Flexible Nature of Plastic to Foster Segment Growth
On the basis of material, the market is divided into paper & paperboard, metal, plastic, and others. The plastic segment grabs the largest home care packaging market share on account of its attributes, including flexibility, durability, and strength. This factor makes it suitable for packaging several home care liquids, powder products, and creams.
Bottles Segment to Lead Driven by Ability to Remove Spoilage
In terms of product type, the market is classified into films & wraps, bags & pouches, cans & jars, bottles, and others. The bottles segment is poised to capture the largest share during the study period, which can be attributed to their ability to effectively remove spoilage and contamination and ensure secure and safe packaging. They also possess the ability to adapt as per the requirements in any shape, color, and size.
Increasing Awareness of the Importance of Hygiene to Spur Laundry Segment Expansion
With respect to application, the market is categorized into surface cleaners, toiletries, dishwashing, air fresheners, laundry, and others. The laundry segment observes the largest share, fueled by growing awareness of significance of hygiene. This, along with the varying patterns in cleaning and laundry accelerate segment growth.
On the regional front, the market is segmented into Asia Pacific, Europe, the Middle East & Africa, North America, and Latin America.
Report Coverage:
The report provides a comprehensive coverage of the key driving and restraining factors affecting the market growth. It further offers a detailed analysis of the top trends, major segments, and COVID-19 pandemic impact of the market growth. In addition, the report highlights the strategic moves deployed by prominent companies to keep ahead of their competition.
Drivers and Restraints:
Surging Consumer Demand for Sustainable Packaging to Aid Market Expansion
With the quick evolution of consumer preferences, there is an increasing focus on convenience, sustainability, and health & wellness. The key homecare products companies are bringing innovations to offer their customers products that are in line with these varying preferences, including organic and personalized and eco-friendly packaging solutions.
However, the highly fluctuating prices of raw materials may hamper home care packaging market growth.
Regional Insights:
North America Dominates Propelled by Strong Presence of Major Packaging Companies
North America home care packaging market secures the largest share on account of enhanced living standards, strong presence of prominent packaging companies, and high disposable income. In addition, regional consumers want to pay more for premium cleaning products.
Asia Pacific is witnessing fastest-growth, driven by well-developed consumer goods sector. This, along with quick expansion of the e-commerce sector bolsters the market growth in the region.
Information Source: https://www.fortunebusinessinsights.com/homecare-packaging-market-108080
Competitive Landscape:
Market Leaders Focus on Product Innovations to Boost Their Position
The home care packaging market has a highly competitive and fragmented structure. Some of the key companies are DS Smith, AptarGroup Inc., ProAmpac, Mondi, Amcor Plc, Ball Corporation, and others. These companies are adopting different strategic moves such as joint ventures, capacity expansions, and partnerships to outshine the competition. A wide range of companies are also focusing on product innovations to strengthen their position.
Key Industry Development:
April 2023 – Huhtamaki announced the release of a sustainable flexible packaging innovation. These mono-material flexible packaging solutions offer a high level of protection to food & household essentials.
The global flexible paper packaging market size was valued at USD 117.82 billion in 2023 and is projected to grow from USD 123.82 billion in 2024 to USD 200.02 billion by 2032, exhibiting a CAGR of 6.18% during the forecast period. Asia Pacific dominated the flexible paper packaging market with a market share of 35.06% in 2023. Moreover, the flexible paper packaging market in the U.S. is projected to expand, reaching USD 49.51 billion by 2032. The rising preference for lightweight, recyclable, and biodegradable packaging materials is driving market growth.
Flexible paper packaging is a lightweight and economical solution employed for safeguarding, packaging, and extending a product’s life. The eco-friendly attributes and high efficiency play a pivotal role in the global expansion of flexible paper packaging market growth. The growing trend for frozen and ready-to-eat items will also propel the market growth. Potential advantages, such as packaging customization, custom packaging, prolonged lifespan, and product efficiency are driving the demand for flexible paper packaging in various sectors. Notable developments from manufacturers are also bolstering the market growth.
Fortune Business Insights presents this information in a report titled "Flexible Paper Packaging Market, 2024-2032."
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Major Players Profiled in the Report:
- Amcor Plc (Australia)
- Sappi Limited (South Africa)
- International Paper Company (U.S.)
- KapStone Paper and Packaging Corporation (U.S.)
- WestRock Company (U.S.)
- Sealed Air Corporation (U.S.)
- Sonoco Products Company (U.S.)
- DS Smith Packaging Limited (U.K.)
- Mondi Plc (U.K.)
- Sabert Corporation (U.S.)
- Packaging Corporation of America (U.S.)
- Georgia-Pacific LLC (U.S.)
Segments:
By packaging type, the market is segregated into wraps, bags and sacks, envelops, pouches, sachets, and others.
By end-user, the market is segmented into food and beverages, personal care & cosmetics, pharmaceutical, consumer goods, and others.
With respect to geography, the market is studied across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
Report Coverage:
The report analyzes the market in-depth and highlights several key areas, such as leading packaging types, end users, and key market players. It also focuses on the top market developments and the latest industry trends. Besides the aforementioned factors, the report covers many other factors that have helped the market grow.
Drivers and Restraints:
Heightened Awareness About Sustainable Packaging to Spur Market Growth
The rising adoption of flexible paper packaging across various industries, such as healthcare, food & beverages, and consumer goods, driven by the growing disposable incomes, will contribute to growth of the global flexible paper packaging market share. The preference for flexible paper packaging over plastic packaging solutions, along with heightened awareness about sustainable packaging, will contribute to the market growth. The rising utilization of flexible paper packaging to reduce product waste and extend the product’s shelf life, is fueling the market expansion. The stringent government regulations on the use of plastic products are further expected to propel the market in the coming years.
However, the lack of recyclability poses a major restraint on the growth of the global flexible paper packaging market. The comparatively lower durability of flexible paper packaging products than rigid packaging alternatives is also likely to impede the market's progress.
Regional Insights
North America Dominates Market Due to Growing Investments in R&D Activities
North America holds the leading position in the global flexible paper packaging market due to its technological developments, substantial investment in research & development operations, and rising environmental concerns.
Asia Pacific stands out as the second-dominant region due to the growing e-commerce sector. Additionally, the increasing focus on environmental sustainability and government initiatives to ban plastics in nations, such as China and India will contribute to the region’s growth.
The European flexible paper packaging market will also experience a rapid surge in growth owing to the region's augmenting beauty & cosmetics and food & beverage sectors.
The augmenting demand for smaller pack-size products and higher disposable incomes will fuel Latin America's flexible paper packaging market.
The Middle East and African markets are anticipated to show moderate growth due to the growing demand for ready-to-eat products.
Competitive Landscape
Leading Market Players to Focus On Product Development to Remain Competitive
Some of the leading players operating in this market include Amcor Plc, Sappi Limited, International Paper Company, KapStone Paper and Packaging Corporation, WestRock Company, Sealed Air Corporation, Sonoco Products Company, DS Smith Packaging Limited, Mondi Plc, Sabert Corporation, Packaging Corporation of America, Georgia-Pacific LLC, among others. These firms are increasing their efforts to launch novel products in the market to remain competitive.
Information Source: https://www.fortunebusinessinsights.com/flexible-paper-packaging-market-108352
Key Industry Development
- May 2022: Brook + Whittle, a prominent provider of shrink sleeves, pressure-sensitive labels, and flexible packaging, officially completed the acquisition of Diamond Flexible Packaging Company. The latter is a premium provider of converting & flexible packaging solutions including custom-printed bags and pouches for various industries. The acquisition will significantly enhance Brook + Whittle’s web printing capabilities.
- January 2022: Amcor introduced a cutting-edge line of paper-based packaging products under the brand name AmFiber TM . This innovative solution offers European snacks and confectionery manufacturers a recyclable packaging option with a high barrier against oxygen and moisture.
- August 2021: Huhtamaki declared the successful acquisition of a prominent sustainable supplier, Elif. This move will see Elif being integrated into Huhtamaki’s flexible packaging business segment, further enhancing its sustainable packaging offerings.
- December 2020: Mondi launched EcoWicketBag, a sustainable paper-based packaging solution, for Drylock Technologies' baby diaper ranges. This eco-friendly alternative to traditional plastic diaper packaging underscored EcoWicketBag’s commitment to offering sustainable packaging solutions for its customers.
Food Container Market Technological Advancements and Growth Trends 2025–2032
By ameliasss, 2025-04-11
The global food container market size was valued at USD 233.13 billion in 2024. The market is projected to be worth USD 245.53 billion in 2025 and reach USD 361.64 billion by 2032, exhibiting a CAGR of 5.69% during the forecast period. North America dominated the food container market with a market share of 33.19% in 2024.
A food container refers to a packaging solution developed for transporting, storing, and handling. With mounting demand for perishable packaged food products, the market is anticipated to project substantial growth over the assessment period.
Fortune Business Insights™ mentions this in a report titled, “ Food Container Market, 2025-2032 ”.
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List of Key Players Present in the Report :
- Amcor (Switzerland)
- Berry Global Inc. (U.S.)
- Ardagh Group (Luxembourg)
- Graphic Packaging International, LLC (U.S.)
- Tetra Pak (Switzerland)
- International Paper (U.S.)
- Silgan Holdings Inc. (U.S.)
- WestRock (U.S.)
- Crown Holdings Inc. (U.S.)
- Sonoco Products Company (U.S.)
- Stölzle Glass Group (Austria)
- Gerresheimer AG (Germany)
- Huhtamaki (Finland)
Segments
Plastic Segment Dominates the Segment as it Offers Product Visibility
Based on material, the market is classified into plastic, paper & paperboard, glass, metal, and others. The plastic segment dominates the market and is expected to witness rapid growth during the projected period. Plastic offers optimum product visibility and protection from spills and dirt, boosting segment growth.
Moreover, the food container market in the U.S. is projected to grow significantly, reaching an estimated value of USD 93.38 billion by 2032, driven by the growing consumption of fruits and vegetables in the country.
A food container is a packaging solution specifically designed for storing, handling, and transporting. The rapidly growing demand for effective packaging solutions for perishable and packaged food products, such as dairy and meat, drives market growth. The massively growing food industry globally also contributes to the market’s share.
Various Properties of Cups & Tubs to Augment Segment Growth
By product type, the market is categorized into bottles & jars, cups & tubs, boxes & cartons, trays, and others. The cups & tubs is the dominating segment and its high demand is credited to its lightweight, durability, and leakage-proof advantages.
The increasing consumer awareness regarding the harmful effects of plastic material on the environment and human health has surged the utilization of sustainable containers for food storage and packaging. On the other hand, as eco-friendly packaging is manufactured from biodegradable and compostable materials, which can easily break down and do not pose any harm to the environment, consumers majorly utilize it. Eco-friendly containers decrease the carbon footprint and are thus utilized by food manufacturers and consumers. The rising utilization of such eco-friendly containers for food packaging not only eliminates food waste but also boosts the food container market growth.
Surging Food Consumption and Production to Fuel Fruits & Vegetables Segment Growth
On the basis of application, the market is divided into fruits & vegetables, dairy products, spices & condiments, frozen food, bakery, snacks & confectionery, ready-to-eat meals, and others. The fruit & vegetables segment is leading the market due to the increasing production and consumption of fruits & vegetables due to their health benefits.
Geographically, the market is studied across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
Report Coverage
The report offers:
- Major growth drivers, restraining factors, opportunities, and potential challenges for the market.
- Comprehensive insights into regional developments.
- List of major industry players.
- Key strategies adopted by the market players.
- The latest industry developments include product launches, partnerships, mergers, and acquisitions.
Drivers & Restraints
Reusability and Durability of Food Containers Boost Market Expansion
The durability, versatility, and reusability provided by food containers are augmenting their demand in many food packaging applications. The ability of these containers to withstand many temperature ranges, along with maintaining the freshness of both cold and hot foodstuffs, drives the food container market growth.
However, the volatility of raw materials required for the production of food containers is restraining the market expansion.
Regional Insights
Well-established Food Manufacturing Industry to Drive Market Growth in North America
North America holds the dominant food container market share owing to the region's well-established food production industry and developed packaging sector.
Asia Pacific is the second-leading region in the market due to the rapid online food delivery sector growth in different countries.
Information Source: https://www.fortunebusinessinsights.com/food-container-market-109583
Competitive Landscape
Key Players are Expanding Their Customer Base to Lead the Market
The food container market is consolidated with key players, such as Amcor, Ardagh Group, and others. These players are integrating innovation into their existing product range to expand their customer base, further fueling market growth.
Key Industry Development
November 2023 – Sonoco, a leading packaging company, signed an agreement to acquire Clear Pack Company, an integrated producer of thermoformed & extruded plastic materials and containers. The acquisition will help Sonoco expand its rigid plastic capabilities as Clear Pack Company produces plastic containers for different consumer products and food service companies.
The global confectionery packaging market size was valued at USD 14.93 billion in 2024. The market is projected to grow from USD 15.57 billion in 2025 to USD 21.33 billion by 2032, exhibiting a CAGR of 4.60% during the forecast period. Europe dominated the confectionery packaging market with a market share of 33.56% in 2024.
Confectionery packaging aids in the preservation, protection, and branding of products. The rising demand for lightweight, high-barrier, self-appealing, and protective packaging among confectionery manufacturers is poised to surge the sales of this packaging type, propelling the market growth.
Fortune Business Insights™ provides this information in its research report, titled “Confectionery Packaging Market, 2025-2032”.
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List of Key Players Mentioned in the Report:
- Amcor (Switzerland)
- Smurfit Kappa (Ireland)
- Rengo Co., Ltd. (Japan)
- Coveris Group (Austria)
- Huhtamaki Oyj (Finland)
- Constantia Flexibles (Austria)
- Printpack (U.S.)
- Stanpac Inc. (Canada)
- TOPPAN Inc. (Japan)
- Novel Packaging (China)
Segmentation:
Plastic Segment Dominates Due to Moisture-resistance Feature
In terms of material, the market is divided into glass, aluminum, paper, and plastic {polypropylene (PP), polyethene terephthalate (PET), polyethene (PE), polyvinyl chloride (PVC), and others}, and others. The plastic segment accounts for the largest market share. The high preference for plastic among manufacturers owing to its lightweight and moisture-resistant attributes is augmenting the segment growth.
Confectionery packaging plays a vital role in preserving, branding, and protecting products. The growing demand for lightweight, protective, visually appealing, and high-barrier packaging solutions among confectionery manufacturers is expected to drive market growth. Rising urbanization, along with shifting consumer preferences toward sugar-free products, is further fueling this demand. Additionally, evolving consumer tastes and habits are contributing to market expansion.
Technological advancements in the packaging industry are enabling innovative solutions that help maintain product freshness for longer periods. Attractive packaging also enhances consumer appeal, positively influencing purchasing decisions. Furthermore, the introduction of new packaging materials is spurring innovation in both confectionery and on-the-go packaging formats. These trends are set to accelerate the adoption of advanced packaging solutions and support continued market growth.
Convenience Provided by Flexible Packaging to Expedite the Segment Growth
On the basis of packaging type, the market is classified into flexible {wraps, sachets, films, bags & pouches, and others} and rigid {boxes & cartons, trays, containers, jars, and others}. The flexible segment registers the largest confectionery packaging market share. Flexible packaging offers convenience, user-friendliness, and hygiene, which accelerates the demand for confectionery products that deploy this type of packaging.
Increasing Number of Online Platforms Selling Chocolates to Bolster the Segment Expansion
By confectionery type, the market for confectionery packaging is divided into sugar confectionery, chocolates, candy, fruits & nuts, gums, and others. The chocolates segment witnesses the largest share. The growing number of online platforms selling chocolates boosts the demand for chocolates, proliferating the segment growth.
Regionally, the market is divided into Latin America, the Asia Pacific, North America, the Middle East & Africa, and Europe.
Report Coverage
The report provides a comprehensive coverage of the key driving and restraining factors impacting the market growth. Other aspects of the report include the COVID-19 pandemic impact, the top trends, and notable industry developments. It also offers vital insights into the strategic initiatives undertaken by leading companies to boost their share.
Drivers and Restraints:
Surging Demand for Convenient Packaging Solutions to Escalate the Market Growth
One of the key factors propelling the confectionery packaging market growth is a rise in the demand for convenient packaging solutions. The market is witnessing the preference of consumers for packaging solutions that provide packaging attributes, including extended product shelf life, ease of transport, and durability, and can be easily opened.
However, the fluctuations in price owing to the non-availability of raw materials and growing health consciousness may hamper the market expansion.
Information Source: https://www.fortunebusinessinsights.com/confectionery-packaging-market-109474
Regional Insights:
Europe Leads Due to the Rising Sustainable Packaging Initiatives
Europe captures the largest share in the confectionery packaging market. This is on account of the increasing sustainable packaging initiatives, which are driving manufacturers toward the adoption of eco-friendly materials and practices.
The Asia Pacific is the second leading region due to the expansion of businesses by prominent manufacturers in the chocolate industry.
Competitive Landscape:
Key Companies Emphasize Offering Advanced Solutions to Reinforce Their Position
Smurfit Kappa, Amcor, Rengo Co., Ltd., Novel Packaging, Huhtamaki Oyj, Coveris Group, Stanpac Inc., Constantia Flexibles, Printpack, and TOPPAN Inc., are some of the prominent companies in the market. The delivery of advanced packaging solutions is being emphasized by many companies.
Key Industry Development:
August 2023 – Amcor released high-barrier performance paper packaging in North America. Moreover, this launch is part of the company’s AmFiber portfolio and caters to the repulpability standards for curbside recycling.

