The global single use packaging market was valued at USD 554.14 billion in 2023 and is expected to rise from USD 583.21 billion in 2024 to USD 895.12 billion by 2032, reflecting a CAGR of 5.50% during the forecast period. Single use packaging refers to products, such as wrappers and containers that are meant to be used once and thrown away. These products are typically made from materials, such as paper, plastics, and metal to pack foods, drinks, and medical supplies. The increasing demand for convenience among customers leading a hectic lifestyle will bolster the use of single use packaging products in various industries.

Fortune Business Insights™ displays this information in a report titled, "Single Use Packaging Market, 2025-2032."

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Segmentation:

Plastic Materials Widely Used in Single Use Packaging Solutions Due to Their Affordability and Durability

Based on material, the market is segmented into plastic, paper & paperboard, metal, glass, and others. The plastic segment is dominating the market as this material offers various benefits to manufacturers and customers, such as affordability, adaptability, and high durability.

Demand for Bottles and Jars Rises Due to Ease of Transporting Liquid and Solid Products

Based on product type, the market is segmented into bags & pouches, bottles & jars, films & wraps, tableware, boxes & cartons, tapes & labels, and others. The bottles & jars segment is dominating the global market as these containers are known for offering customers the ease to transport for both solid and liquid products.

Growing Network of Hotels Fuels Product Adoption in Food & Beverage Industry

Based on end-use industry, the market is segmented into food & beverage, healthcare, consumer goods, e-commerce, and others. The food & beverage segment is holding the largest global single use packaging market share due to the increasing network of hotels, online food outlets, and restaurants, which use these packaging products.

With respect to region, the market covers North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Report Coverage:

The report has conducted a detailed study of the market and highlighted several critical areas, such as leading product types, end-use industries, materials, and key market players. It has also focused on the latest market trends and the key industry developments. Apart from the aforementioned factors, the report has given information on many other factors that have helped the market grow.

Drivers and Restraints:

Increasing Adoption of Paper & Paperboard Materials to Boost Market Growth

The use of paper and paperboard materials is increasing in the production of single use packaging products to help industries, such as food & beverage reduce their reliance on plastics and decrease their environmental impact. Paper-based materials are known for their biodegradability and recyclability, which will bolster their use in the production of single use packaging solutions.

However, this form of packaging creates large volumes of waste, which can increase environmental pollution, thereby hampering the single use packaging market growth.

Regional Insights:

Asia Pacific Dominates Global Market Due to Rapid Urbanization

Asia Pacific is leading the global market’s growth due to rapid urbanization and expanding populace of middle-class. These factors have increased the demand for single use packaging solutions.

Europe is also showcasing significant growth in the global market owing to rising focus on convenience and growing innovations in packaging designs.

Competitive Landscape:

Key Market Players to Introduce Innovative Packaging Solutions to Expand Product Range

Some of the top companies operating in this market are collaborating with other firms to develop and launch new packaging solutions to cater to the unique packaging demands of various industries. This move will help them increase their current product range.

Notable Industry Development:

July 2024:   Berry Global announced its collaboration with Wells Enterprises, Inc., an American ice cream manufacturer, to increase latter’s range of Twist Cones frozen treats and transform it into a freezer-grade, single-serve Twist pints for Blue Bunny. Made with highly recyclable polypropylene (PP) and a high-density polyethylene (HDPE) lid, the new Twist pints claim to enhance the recyclability of conventional ice-cream packaging products, which are typically made from plastic-lined paper board.

LIST OF KEY COMPANIES PROFILED IN THE REPORT

• Amcor plc (Switzerland)
• Berry Global (U.S.)
• Sonoco Products Company (U.S.)
• Huhtamaki (Finland)
• Gerresheimer (Germany)
• Constantia Flexibles (Austria)
• ProAmpac (U.S.)
• Graphic Packaging International, LLC (U.S.)
• Transcontinental Inc. (Canada)
• Pactiv Evergreen Inc. (U.S.)
• Tetra Pak (Switzerland)
• Sealed Air (U.S.)
• Mondi (U.K.)
• Winpak LTD. (Canada)
• PACCOR (Germany)

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According to Fortune Business Insights the global bioplastics market was valued at USD 7.49 billion in 2023 and is expected to decline slightly to USD 7.41 billion in 2024 before witnessing significant growth, reaching USD 56.99 billion by 2032. This represents a robust compound annual growth rate (CAGR) of 29.0% during the forecast period. The market is poised for exponential growth driven by increasing demand for sustainable alternatives to traditional plastics across industries such as packaging, automotive, agriculture, and consumer goods.

The Global Bioplastics Market has recently been analyzed and explored by   Fortune Business Insights™   in their latest market research report. The team of dedicated analysts and researchers has gone to great lengths to provide a comprehensive overview of both current and future scenarios pertaining to the Bioplastics Market. As a result, this report is packed with valuable insights that will be highly advantageous for industry players looking to maintain a competitive edge.

Fortune Business Insights™ displays this information in a report titled, "Bioplastics Market, 2025-2032."

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Segments:

Biodegradable Plastics to Gain Traction Due to their Wide Usage in Numerous Industries

Based on type, the market is segmented into biodegradable and non-biodegradable. The biodegradable segment is expected to hold a dominant bioplastics market share as this type of plastic is finding robust use in many industries such as textiles, packaging, consumer goods, and agriculture.

Demand for Durable and Sturdy Packaging Solutions to Boost Product Use in Rigid Packaging

Based on application, the market covers rigid packaging, flexible packaging, textiles, automotive & transportation, agriculture & horticulture, consumer goods, and others. The rigid packaging segment is predicted to hold the largest market share as many shipping companies are looking for sturdy yet eco-friendly packaging solutions.

With respect to region, the market covers North America, Europe, Asia Pacific, and Rest of the World.

List of the Key Players in the Bioplastics Market:

• Novamont S.p.A. (Italy)
• Arkema S.A. (France)
• Matrìca S.p.A. (Italy)
• NatureWorks LLC (U.S.)
• TotalEnergies Corbion (Netherlands)
• PTT MCC Biochem Co., Ltd. (Thailand)
• Roquette Frères (France)
• Biofase (Mexico)
• Genecis (Canada)
• Trifilon (Sweden)
• Solvay S.A. (Belgium)
• Avantium (Netherlands)
• Toray Industries, Inc. (Japan)
• LyondellBasell Industries Holdings B.V. (Netherlands)

Report Coverage:

The report analyzes the market in detail and sheds light on important areas such as leading product types, players, and applications. It also provides information on the latest market trends and vital industry developments. Besides the abovementioned factors, the report covers several other factors that have contributed to the market’s growth in recent years.

Regional Insights:
Europe led the global market in 2023, with a market size of USD 3.64 billion and a 48.6% share. The region plays a central role in bioplastics R&D and consumption, supported by a strong automotive base and increasing adoption of bio-based packaging solutions. Europe also contributes around 25% of global bioplastics production. In contrast, the Asia Pacific region holds the largest manufacturing capacity, accounting for 56% of global production. Growth in the region is fueled by China's regulatory reforms and the expansion of the packaging industry. North America is set for consistent growth, driven by rising demand in the automotive and electronics sectors, coupled with a preference for high-quality consumer products. The rest of the world is also witnessing increased adoption of bioplastics, especially in agriculture and food packaging, due to mounting global restrictions on conventional plastic use.

Drivers and Restraints:

Growing Adoption of Eco-Friendly Plastics in Packaging Industry to Fuel Market Progress

Biodegradable plastics are finding major uses in many industry verticals. However, one of the most common applications of these plastics is found in the packaging sector as they exhibit properties that are quite similar to those of conventional plastics. They are used in many rigid as well as flexible packaging solutions. Moreover, the e-commerce industry has expanded considerably in recent years, which has further boosted the demand for packaging materials, thereby enhancing the product adoption.

Key Industry Developments:

• May 2023   – Total Energies Corbion partnered with Changsu Industrial to promote the adoption of sustainable biobased BOPLA films. This collaboration is expected to enhance TotalEnergies Corbion’s revenue streams from its biobased product portfolio.
• April 2023   – Solvay announced a strategic partnership with Ginkgo Bioworks to expand its research and innovation presence in the United States. The collaboration aims to develop new sustainable biopolymers and strengthen Solvay’s footprint in the North American market.

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According to Fortune Business Insights the global cold chain packaging market size was valued at USD 28.14 billion in 2024. It is projected to grow from USD 30.88 billion in 2025 and to USD 64.49 billion by 2032, exhibiting a CAGR of 11.09% during the forecast period. The development of products and services coupled with the adoption of recyclable materials may enhance the industry’s growth.   Fortune Business Insights ™   presents this information in its report titled “ Cold Chain Packaging Market, 2025-2032.

Cold chain packaging ensures temperature control for sensitive products like vaccines, produce, and biologics during transit. Sancell and Cold Chain Technologies are key players with major global market shares.

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Segmentation Analysis:

Pallet Shippers Segment to Dominate Attributable to Larger Capacity

By product type, the market is segmented into EPS containers, PUR containers, pallet shippers, vacuum insulated panels, and others.

The pallet shippers segment is expected to dominate, attributable to its larger capacity and universal temperature protection coverage. Further, their reusable and effective nature during shipping may enhance demand.

Food Segment to Hold Largest Market Share Backed by Rising Product Applications

Based on application, the market is classified into pharmaceuticals, food, and industrial.

The food segment is expected to hold the largest cold chain packaging market share due to rising vaccines, medicines, and medical drugs adoption. Furthermore, strong investments by the pharmaceutical packaging industry are expected to enhance the cold chain packaging industry’s progress.

Geographically, the market is clubbed into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

List of Key Players Profiled in the Cold Chain Packaging Market Report:

• Sancell (Australia)
• Sonoco ThermoSafe (U.S.)
• Polar Tech Industries Inc. (U.S.)
• Cold Chain Technologies (U.S.)
• Peli BioThermal (U.S.)
• Orora Group (Australia)
• CREOPACK (Canada)
• Sofrigam (France)
• Intelsius (U.K.)
• Nordic Cold Chain Solutions (U.S.)
• Tempack (Spain)
• Cryopak (U.S.)
• Softbox Systems (U.K.)

Report Coverage:

The report provides a detailed analysis of the top segments and latest trends in the market. It comprehensively discusses the driving and restraining factors and the impact of COVID-19 on the market. Additionally, it examines the regional developments and the strategies undertaken by the market's key players.

Driving Factors:

Robust Demand from the Pharmaceutical Industry to Propel Market Growth

Cold chain packaging is a technique that involves the shipping and packaging of products requiring specific temperatures. The strong demand for the product from the pharmaceutical industry is expected to enhance its adoption. It is used to package injections, vaccines, medicines, and other items requiring specific temperatures. According to Pharmaceutical Commerce Analysis of IQVIA, 2018, the cold chain accounts for nearly 18% of the total investments in pharmaceutical products. In addition, the rising overseas trade of pharmaceutical products may bolster the adoption of the packaging technique. These factors may drive the cold chain packaging market growth.

However, complex regulations and high costs associated with the packaging technique may hamper industry growth.

Competitive Landscape:

Prominent Players Deploy Acquisitions to Enhance Brand Image

Prominent companies operating in the market deploy acquisition strategies to enhance their brand image. For example, CSafe Global completed the acquisition of Softbox Systems in 2021 to dominate the industry as a supplier of cold packaging solutions to pharmaceuticals. Both companies shall offer one-stop solutions for temperature-sensitive products. Furthermore, players adopt acquisitions, mergers, partnerships, and product launches to enhance market position.

Key Industry Development:

• October 2023   –   Cold Chain Technologies   acquired   Exeltainer, SL, a global supplier of isothermal packaging solutions for the pharmaceutical sector, with manufacturing facilities in Spain and Brazil.
• April 2023   –   Mettcover Global   launched a new warehouse in Pennsylvania, U.S., to efficiently store and distribute thermal covers and data loggers to customers nationwide.

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According to Fortune Business Insights the global luxury packaging market size was valued at USD 17.98 billion in 2023 and is projected to be worth USD 18.79 billion in 2024 and reach USD 28.23 billion by 2032, exhibiting a CAGR of 5.22% during the forecast period. Luxury packaging is a state-of-the-art style of packaging that increases the overall visual appeal of a product and also helps companies improve their brand image. Several market players have started using digital technologies to improve the overall visual appeal of the packaging materials. A robust rise in the number of customers opting for online shopping is one of the key factors accelerating the market’s growth.

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Segmentation:

Paper & Paperboard Widely Used in Luxury Packaging Products Due to Their Recyclability and Sustainability

Based on material, the market is segmented into paper & paperboard, metal, glass, plastic, and others. The paper & paperboard segment has captured the largest share of the market as this material offers various lucrative features, such as high recyclability and sustainability, making it a preferred choice among brands wanting to become eco-friendly.

Demand for Boxes & Cartons Rises Owing to Their Customizability

Based on product type, the market is segmented into boxes & cartons, bottles, bags & pouches, cans & jars, and others. The boxes & cartons segment is dominating the global luxury packaging market share as these products offer brands the option to customize their packaging in different ways to help them stand out from their competitors.

Report Coverage:

The report has conducted a detailed study of the market and highlighted several critical areas, such as leading materials, product types, end uses, and key market players. It has also focused on the latest market trends and the key industry developments. Apart from the aforementioned factors, the report has given information on many other factors that have helped the market grow.

Drivers and Restraints:

• Rising Demand for Premium Consumer Goods : Growth in high-end personal care, cosmetics, perfumes, and fashion accessories is driving the need for luxury packaging.
• Brand Differentiation and Customer Experience : Packaging plays a key role in luxury branding, enhancing consumer perception and loyalty.
• Sustainability Trends : The rising demand for eco-friendly luxury packaging materials is reshaping innovation and design.
• E-commerce Boom in High-End Retail : Premium brands are investing in luxury packaging to ensure safe delivery and unboxing appeal.
• High Cost of Luxury Packaging : Customization, premium materials, and limited production runs elevate costs.
• Counterfeit Products : Challenges in ensuring authenticity and security in packaging for premium goods.
• Regulatory Pressures : Increasing regulations around plastic and packaging waste affect material choices

Regional Insights:

North America Dominates Global Market Due to Strong Expansion of Food & Beverage Sector

North America is dominating the global market owing to the robust expansion of the region’s food & beverage industry. An increasing number of customers are indulging in gourmet foods due to their rising disposable incomes, which will boost the need for luxurious packaging solutions.

Europe is holding the second-leading position in the global market due to a notable presence of several leading luxury brands.

Notable Industry Development:

July 2024 –   Quadpack Industries announced a new project with PSB Industries, a private company, to merge Quadpack and PSB’s key subsidiary, Texen, into a single group. Texen, headquartered in Brion, France, is known for producing high-quality packaging products for the luxury perfumery and makeup markets. It has its factories in in France, Poland, the U.S., and Mexico.

LIST OF KEY COMPANIES PROFILED IN THE REPORT:

• DS Smith (U.K.)
• Ardagh Group (Luxembourg)
• Stoelzle Glass Group (Austria)
• WestRock (U.S.)
• Crown Holdings Inc. (U.S.)
• O-I Glass, Inc. (U.S.)
• Amcor Plc (Switzerland)
• IPL Packaging Inc. (China)
• Thou Luxury Packaging (India)
• Elegant Packaging (U.S.)
• HH Deluxe Packaging (U.K.)
• Lucas Luxury Packaging (Ireland)
• Prestige Packaging Industries (France)
• Pendragon Presentation Packaging (U.K.)
• Ekol Ofset (Turkey)

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The Global Smart Packaging Market has recently been analyzed and explored by   Fortune Business Insights™   in their latest market research report. The team of dedicated analysts and researchers has gone to great lengths to provide a comprehensive overview of both current and future scenarios pertaining to the Smart Packaging Market. As a result, this report is packed with valuable insights that will be highly advantageous for industry players looking to maintain a competitive edge.

The report also highlights limiting factors and regional industrial presence that may impact market growth trends beyond the forecast period of 2032. The market research aims to gain a complete understanding of the industry's potential and provide information that will help companies to make informed decisions. The Smart Packaging Market Report is an impressive 100+ page document that includes a comprehensive table of contents, a list of figures, tables and graphs, as well as a comprehensive analysis.

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Forecast Growth Projected:

The global smart packaging market size was valued at USD 24.66 billion in 2024. The market growth is projected to be USD 26.06 billion in 2025 to USD 40.02 billion by 2032, exhibiting a CAGR of 6.32% during the forecast period.

List of the Key Players in the Smart Packaging Market:

• International Paper Company (U.S.)
• Smurfit Kappa Group plc (U.S.)
• 3M Company (U.S.)
• Amcor Plc (Switzerland)
• Stora Enso Oyj (Finland)
• Filtration Group (U.S.)
• Sealed Air (U.S.)
• Air Products and Chemicals, Inc. (U.S.)
• Zebra Technologies Corporation (U.S.)
• EMCO Packaging Systems Ltd. (U.K.)
• Amerplast Ltd. (Finland)
• DuPont (U.S.)

Smart Packaging Market Segmentation:

By Technology Type:
The market is segmented into modified atmosphere packaging (MAP), intelligent packaging, and active packaging. MAP holds the largest market share and is expected to see significant growth during the forecast period.

By Application:
Applications include personal care & cosmetics, food & beverages, pharmaceuticals, electronics, e-commerce, and others. The food & beverage segment leads the market, driven by rising demand for food safety, transparency, and real-time product information.

Regional Insights:

Asia Pacific leads the smart packaging market with a value of USD 9.16 billion in 2023, driven by innovation in countries like China and Japan and rising demand in healthcare. North America ranks second, fueled by advanced technology, strong consumer demand, and major market players. Europe is growing steadily due to strict regulations against counterfeiting, boosting adoption of QR codes and RFID in packaging. Latin America shows promising growth, driven by demand for cost-effective packaging solutions and better consumer engagement. Middle East & Africa is expected to grow moderately, supported by the need for product traceability, though affected by economic and infrastructure challenges.

Competitors Landscape:

The realm of Smart Packaging Market is rife with cutthroat competition and fragmentation, a result of the considerable presence of both global conglomerates and domestic contenders. Industry insiders situated in diverse geographical regions are formulating and executing effective strategies to exploit unexplored opportunities and extend their business outreach. In this highly aggressive environment, prominent players are aggressively pursuing tactics to enhance their market share through various channels.

Key Industry Developments:

• Nov 2023:   Smurfit Kappa introduced SupplySmart, a digital solution to optimize packaging efficiency and lower supply chain emissions.
• Sep 2023:   Bastille Parfums partnered with Avery Dennison to use RFID technology for improved supply chain tracking, inventory management, and counterfeit prevention.

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The global biopolymer packaging market   focuses on sustainable packaging materials made from biodegradable or bio-based polymers derived from renewable resources such as plants, animals, or microorganisms. Innovations such as synthetic biology and fermentation-based production methods, such as microbial fermentation for PHA, are enabling cost-effective and scalable manufacturing of biopolymers.

The report also highlights limiting factors and regional industrial presence that may impact market growth trends beyond the forecast period of 2032. The market research aims to gain a complete understanding of the industry's potential and provide information that will help companies to make informed decisions. The Below-Grade Waterproofing Membranes Market Report is an impressive 100+ page document that includes a comprehensive table of contents, a list of figures, tables and graphs, as well as a comprehensive analysis.

Tariff Impact Analysis for Biopolymer Packaging Market:

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Forecast Growth Projected:

According to Fortune Business Insights the global biopolymer packaging market size was valued at USD 14.45 billion in 2024. It is projected to grow from USD 15.68 billion in 2025 to USD 29.97 billion by 2032, exhibiting a CAGR of 9.69% during the forecast period.

List of the Key Players in the Biopolymer Packaging Market:

• Amcor PLC (Australia)
• Sonoco Products Company (U.S.)
• Constantia Flexibles Group GmbH (Austria)
• Sealed Air Corporation (U.S.)
• Clondalkin Group Holdings BV (Netherlands)
• Albéa Group (France)
• Taghleef Industries (UAE)
• Toray Industries Inc. (Japan)
• Plantic Technologies (Australia)
• United Biopolymers (Portugal)

Biopolymer Packaging Market Segmentation:

Synthetic Biopolymers   Segment   Dominated, Driven by   Better Thermal Stability Strength

In terms of material, the market is classified into natural biopolymers, synthetic biopolymers, and others. Synthetic biopolymers, such as PLA, provide superior thermal stability, tensile strength, and barrier properties.

Bottles Segment Held a Dominant Share On Account of   Its Ability to Provide Prolonged   Sustainability

On the basis of product type, the market is fragmented into cups & trays, bottles, bags & pouches, films & wraps, boxes & cartons, and others. While biopolymer bottles cater to a wide range of industries, cups and trays are primarily used in foodservice. Biopolymer bottles, designed for reuse or recycling, provide greater long-term sustainability than disposable cups and trays.

Food & Beverage Segment Led due to   Growing Environmental Consciousness

In terms of end use, the market is fragmented into food & beverages, personal & cosmetics, chemicals, electrical & electronics, pharmaceuticals, and others. The food & beverage segment held the dominant biopolymer packaging market share in 2024. The food & beverage industry, the largest packaging consumer, drives the biopolymer demand, using PLA and PHA for trays, bottles, and cups. Rising environmental awareness is pushing consumers toward biodegradable and compostable packaging. 

Drivers and Restraints:

Growth in the Healthcare and Personal Care Industry   to Fuel Market Growth

The pharmaceutical industry is increasingly turning to biopolymer packaging for items such as blister packs, pill bottles, and medical device packaging, driven by the need to align with eco-friendly practices and regulatory expectations. Moreover, in the personal care industry, growing consumer demand for biodegradable and hygienic packaging in items such as cosmetic containers and hygiene wraps is pushing brands toward biopolymer solutions.

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According to Fortune Business Insights the global paper packaging market was valued at USD 376.53 billion in 2024 and is projected to grow to USD 506.59 billion by 2032. It is expected to rise from USD 392.28 billion in 2025, registering a compound annual growth rate (CAGR) of 3.72% during the forecast period. Paper packaging means packaging which utilizes paper and boards. The market expansion can be ascribed to the recyclable nature of paper and paperboard. Tons of waste generated from packaging can be saved by recycling paper packaging, thus saving substantial landfill space.

Fortune Business Insights™   provides this information in its research report, titled   “Paper Packaging Market, 2025-2032”.

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Segmentation:

Presence of Corrugated Board in Different Coatings to Impel Segment Growth

Based on material, the market is classified into kraft paper, corrugated board, molded pump, specialty paper, and others. The corrugated board segment registers the largest share in the market. The corrugated board is available in different coatings, flame-resistant features, weights, and types. This factor is spurring the corrugated board segment growth.

Lightweight Attribute of Packaging Solutions to Boost the Corrugated Boxes Segment Expansion

In terms of packaging type, the market is segregated into folding cartons, wraps, corrugated boxes, bags & sacks, cups & trays, and others. The corrugated boxes segment accounts for the largest paper packaging market share. The sustainability of packaging solutions and their lightweight nature aid in minimizing the shipping cost. This factor is fueling the corrugated boxes segment growth.

Technological Advancements in Food & Beverage Packaging to Proliferate the Segment Growth

With respect to end-use industry, the market is classified into home care, e-commerce, automotive & industrial, food & beverage, healthcare, electrical & electronic, personal care & cosmetic, and others. The food & beverage segment accounts for the largest share. The technological development in food & beverage packaging, such as coated paper and wraps, which aid in the prevention of leakage, is fueling the segment expansion.

List of Key Players Mentioned in the Report:

• DS Smith PLC (U.K.)
• Georgia-Pacific Corporation (U.S.)
• WestRock Company (U.S.)
• Mondi Group Plc (U.K.)
• Hood Packaging Corporation (U.S.)
• Smurfit Kappa (Ireland)
• Napco National (Saudi Arabia)
• Billerud (Sweden)
• Stora Enso Oyj (Finland)
• Rengo Co. Ltd. (Japan)

Report Coverage:

The significant driving and restraining factors affecting the market growth have been mentioned in the report. It further offers detailed insights into the strategic initiatives undertaken by key companies to gain a competitive advantage. Other aspects of the report include the latest trends, key industry developments, and the COVID-19 pandemic impact.

Drivers and Restraints:

Surging Product Utilization   in the Pharmaceutical Industry to Spur Market Growth

A rise in the utilization of the product in the pharmaceutical industry drives the paper packaging market growth. Packaging manufacturers have a major emphasis on the deployment of recycled material and more sustainable packaging solutions.

Despite such growth opportunities, the stringent environmental regulations related to deforestation owing to the extraction of raw materials for paper production may hinder market growth.

Competitive Landscape:

Leading Companies Deploy Product Development Strategies to Reduce Environmental Impact

Some of the prominent companies in the market are Georgia-Pacific Corporation, DS Smith PLC, WestRock Company, Hood Packaging Corporation, Mondi Group Plc, and others. These players are implementing different strategies to stand out from the competition. Some of these strategies include joint ventures, capacity expansions, partnerships, and others. Most companies are also prioritizing the development of innovative products to lessen the environmental impact.

Key Industry Development:

March 2023 –   Electrolux Group announced the release of recycled and paper-based packaging with 70% less ink to minimize the impact on the environment.

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According to Fortune Business Insights the global   single use packaging market   size was valued at USD 554.14 billion in 2023. The market is projected to grow from USD 583.21 billion in 2024 to USD 895.12 billion by 2032, exhibiting a CAGR of 5.50% during the forecast period. Single use packaging refers to products, such as wrappers and containers that are meant to be used once and thrown away. These products are typically made from materials, such as paper, plastics, and metal to pack foods, drinks, and medical supplies. The increasing demand for convenience among customers leading a hectic lifestyle will bolster the use of single use packaging products in various industries.

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Segmentation:

Plastic Materials Widely Used in Single Use Packaging Solutions Due to Their Affordability and Durability

Based on material, the market is segmented into plastic, paper & paperboard, metal, glass, and others. The plastic segment is dominating the market as this material offers various benefits to manufacturers and customers, such as affordability, adaptability, and high durability.

Demand for Bottles and Jars Rises Due to Ease of Transporting Liquid and Solid Products

Based on product type, the market is segmented into bags & pouches, bottles & jars, films & wraps, tableware, boxes & cartons, tapes & labels, and others. The bottles & jars segment is dominating the global market as these containers are known for offering customers the ease to transport for both solid and liquid products.

Growing Network of Hotels Fuels Product Adoption in Food & Beverage Industry

Based on end-use industry, the market is segmented into food & beverage, healthcare, consumer goods, e-commerce, and others. The food & beverage segment is holding the largest global single use packaging market share due to the increasing network of hotels, online food outlets, and restaurants, which use these packaging products.

With respect to region, the market covers North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

LIST OF KEY COMPANIES PROFILED IN THE REPORT

• Amcor plc (Switzerland)
• Berry Global (U.S.)
• Sonoco Products Company (U.S.)
• Huhtamaki (Finland)
• Gerresheimer (Germany)
• Constantia Flexibles (Austria)
• ProAmpac (U.S.)
• Graphic Packaging International, LLC (U.S.)
• Transcontinental Inc. (Canada)
• Pactiv Evergreen Inc. (U.S.)
• Tetra Pak (Switzerland)
• Sealed Air (U.S.)
• Mondi (U.K.)
• Winpak LTD. (Canada)
• PACCOR (Germany)

Report Coverage:

The report has conducted a detailed study of the market and highlighted several critical areas, such as leading product types, end-use industries, materials, and key market players. It has also focused on the latest market trends and the key industry developments. Apart from the aforementioned factors, the report has given information on many other factors that have helped the market grow.

Drivers and Restraints:

Increasing Adoption of Paper & Paperboard Materials to Boost Market Growth

The use of paper and paperboard materials is increasing in the production of single use packaging products to help industries, such as food & beverage reduce their reliance on plastics and decrease their environmental impact. Paper-based materials are known for their biodegradability and recyclability, which will bolster their use in the production of single use packaging solutions.

However, this form of packaging creates large volumes of waste, which can increase environmental pollution, thereby hampering the single use packaging market growth.

Regional Insights:

Asia Pacific Dominates Global Market Due to Rapid Urbanization

Asia Pacific is leading the global market’s growth due to rapid urbanization and expanding populace of middle-class. These factors have increased the demand for single use packaging solutions.

Europe is also showcasing significant growth in the global market owing to rising focus on convenience and growing innovations in packaging designs.

Notable Industry Development:

July 2024:   Berry Global announced its collaboration with Wells Enterprises, Inc., an American ice cream manufacturer, to increase latter’s range of Twist Cones frozen treats and transform it into a freezer-grade, single-serve Twist pints for Blue Bunny. Made with highly recyclable polypropylene (PP) and a high-density polyethylene (HDPE) lid, the new Twist pints claim to enhance the recyclability of conventional ice-cream packaging products, which are typically made from plastic-lined paper board.

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The global   canned food packaging market   was valued at USD 17.90 billion in 2024. It is expected to grow from USD 18.70 billion in 2025 to USD 26.30 billion by 2032, reflecting a CAGR of 4.99% over the forecast period. Fortune Business Insights™ has deep-dived these inputs in its latest research report titled, “Canned Food Packaging Market, 2025-2032.”

The canned food packaging market plays a crucial role in the global food and beverage industry, providing durable, convenient, and safe packaging solutions that extend shelf life and preserve food quality. With rising consumer demand for ready-to-eat and long-shelf-life food products, the market is experiencing steady growth.

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Report Coverage

The report offers a comprehensive perspective of the market size, share, revenue, and volume. It has deep-dived into SWOT analysis. Quantitative and qualitative assessments have provided a holistic view of the market. The primary interviews validate assumptions, findings, and the prevailing business scenarios. The report also includes secondary resources such as annual reports, press releases, white papers, and journals.

Canned Food Packaging Market Segmentation Analysis:

• By Product Type Analysis

The canned food packaging market is categorized by product type into cans & containers and jars. Among these, cans & containers dominate the market. Their popularity stems from their superior protective properties being impermeable to light, air, and moisture. These features help preserve the food's organoleptic qualities (taste, color, texture, and aroma), thereby extending shelf life and maintaining product integrity.

• By Material Analysis

Based on material, the market is segmented into metal, glass, and others. The metal segment holds the largest market share. Its robust nature provides excellent protection during transportation, reducing the risk of product damage. Additionally, metal cans offer advantages such as ease of printing, design flexibility, and infinite recyclability, all of which contribute to the segment's strong growth and widespread adoption.

Major Players Profiled in the Canned Food Packaging Market Report:

• Crown Holdings (U.S.)
• Silgan Holdings Inc. (U.S.)
• Toyo Seikan Co., Ltd. (Japan)
• AJ Packaging Limited (India)
• ColepPackaging (Portugal)
• MC PACKAGING PTE LTD (Singapore)
• Sonoco Products Company (U.S.)
• Eviosys (Switzerland)
• MY CHAU PRINTING AND PACKAGING CORPORATION (Vietnam)
• CPMC Holdings Limited (China)
• Hindustan tin (India)

Regional Insights

Asia Pacific to Remain Stronghold with Soaring Demand for Consumer Goods

Stakeholders anticipate the Asia Pacific market forecast to be strong due to increased availability of raw materials. Robust growth in the construction and packaging sectors could foster growth across China, India, and Australia. Expanding footprint of sports goods, textiles, and toys will encourage leading companies to invest in the region.

North America is witnessing strong growth driven by technological advancements, growing awareness of canned packaging benefits over frozen food, and rising demand for plant-based proteins, boosting the need for canned legumes.

The Middle East & Africa is expected to grow steadily, driven by limited access to refrigeration, which boosts demand for canned foods like fruits, vegetables, and green beans.

Market Trends:

In today’s fast-paced world, convenience is a top priority for consumers. Canned food packaging meets this need by offering ready-to-eat, easy-to-prepare options like soups, beans, and vegetables that save time without sacrificing quality. Additionally, the long shelf life of canned foods allows for extended storage, reducing the need for frequent grocery trips. This convenience has driven increased demand and consumption of canned foods among busy consumers.

Key Industry Development

• May 2024:  Sonoco Products Company announced the launch of a state-of-the-art facility in Ohio, U.S. This new center will boost the production of steel tinplate 2-piece and 3-piece aerosol and food cans, as well as closures and packaging components.

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Interactive packaging is a novel concept wherein digital technologies, such as Near-Field Communication (NFC), Augmented Reality (AR), and Quick Response (QR) codes are integrated into traditional packaging solutions. Using these technologies can help consumers get real-time information regarding a product’s features, thereby improving customers’ shopping experiences.

Fortune Business Insights™ displays this information in a report titled, "Interactive Packaging Market, 2025-2030."

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Forecast Growth Projected:

The global interactive packaging market was valued at USD 34.81 billion in 2024. It is projected to increase to USD 36.67 billion in 2025 and reach USD 50.76 billion by 2032, growing at a compound annual growth rate (CAGR) of 4.75% during the forecast period.

List of the Key Players in the Interactive Packaging Market:

• International Paper Company (U.S.)
• Smurfit Kappa Group plc (Ireland)
• 3M Company (U.S.)
• Amcor Plc (Switzerland)
• Constantia Flexibles (Austria)
• Avery Dennison Corporation (U.S.)
• R. Donnelley & Sons Company (U.S.)
• Stora Enso Oyj (Finland)

Interactive Packaging Market Segmentation Analysis:

Lucrative Advantages of Folded Cartons Increases Their Demand

Based on product type, the market is segmented into folding cartons, labels & tags, pouches, and others. The folding carton segment has captured the largest part in the interactive packaging market share as these cartons offer a wide range of advantages, such as endless possibilities for customization, eco-friendly packaging option, and affordability.

Food & Beverage Industry Increases Use of Interactive Packaging Due to High Focus On Product Safety

Based on end-use industry, the market is segmented into food & beverage, personal care & cosmetics, healthcare, electronics, and others. The food & beverage segment is dominating the market due to the customers’ rising focus on food safety and transparency of nutritional information.

With respect to region, the market covers North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Drivers and Restraints:

Growing Use of Digital Technologies in Packaging Solutions to Accelerate Market Expansion

A growing percentage of packaging product manufacturers are embracing advanced technologies to create an immersive shopping experience for customers and allow them to get real-time access to a product’s information. Customers across the world are demanding transparency with respect to a product’s information, prompting companies to integrate technologies, such as NFC and QR codes in their products, thereby enhancing the market growth.

Competitive Landscape:

Novel Product Launches to Help Key Market Players Gain Strong Competitive Edge

Some of the leading companies operating in this market include Smurfit Kappa Group plc, International Paper Company, Amcor Plc, 3M Company, and others. These firms are launching innovative interactive packaging solutions to expand their customer base and revolutionize the way customers interact with their favorite brands and products.

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Fortune Business Insights™  delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.

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