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karls scott
6 days ago
Emerging Markets and Growth Opportunities in the Food Packaging Industry 2023-2030 |

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The economic value generated by the food packaging industry was estimated at approximately USD 346.5 billion in 2021. This economic output is an amalgamation of businesses that are involved in the manufacturing of food packaging products, distribution & supply, and application of the product in the end-use industry.

The value chain of the food packaging market depicts the whole value creation process. This value chain is characterized by significant value added by manufacturers with varying distribution margins across various regions. Asia Pacific and Europe accounted for the largest markets for food packaging in 2020 owing to an increase in food consumption, especially convenience food in the regions. In Asia, the demand for food packaging is on a constant rise, thereby prompting key players to set up their manufacturing units in proximity to the growing market.

The manufacturing process includes the processing of raw materials and producing various food packagings products such as paper cartons & boxes, plastic films & pouches, steel & aluminium cans, and glass jars & bottles for various applications such as bakery & confectionery, dairy products, meat, fish & poultry, sauces & dressings, frozen foods, and convenience food. Manufacturers obtain raw materials from third-party suppliers through competitively priced supply contracts. Some of the major manufacturers in the food packaging market are Amcor Ltd., Bemis, and Ball Corporation.

#FoodPackagingIndustry #PackagingTrends #SustainablePackaging #InnovationInPackaging #FoodSafety #PackagingDesign #ConveniencePackaging #ReducingFoodWaste #EcoFriendlyPackaging #FutureofFoodPackaging
karls scott
1 month ago
Green Packaging Industry Data Book - Food & Beverage, Personal Care, Healthcare and Others Green Packaging Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030

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The economic value generated by the green packaging industry was estimated at approximately USD 291.6 billion in 2022. This economic output is an amalgamation of businesses that are involved in the raw material suppliers, manufacturers of green packaging products, distribution & supply, and application of green packaging.

Based on packaging type, the green packaging market has been categorized into recycled content packaging, reusable packaging, and degradable packaging type. Among these, recycled content packaging type dominated the packaging type with a market share of over 60.0% in 2022. The recycled content packaging type is further segmented into paper, plastic, glass, metal, and others. Among these, recycled plastics such as polyethylene terephthalate (PET) and high-density polyethylene (HDPE) are the most used options in a wide range of packaging products such as pouches, bottles, and containers owing to their cost effectiveness compared to other recycled materials.

#GreenPackagingIndustry #SustainablePackagingSolutions #EcoFriendlyPackaging #PackagingForACircularEconomy #GreenPackagingTrends #SustainableMaterials #GreenPackagingInnovation #ReducingEnvironmentalImpact #PackagingWithPurpose #FutureOfGreenPackaging

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