Global Bakery Packaging Market Growth 2023-2029

Global Bakery Packaging Market Growth 2023-2029

Packaging has a vital part in drawing in clients towards the items which are offered by the producers. Aside from the previously mentioned advantage, packaging is likewise utilized for protection at the time if transportation, recognizable proof, and to help in separating one producers item from the contenders' items accessible in the market. The demand for bakery packaging is expanding, attributable to the allure of natural, solid and all naturally baked items among consumers, which is relied upon to make a positive effect on the bakery packaging market. 

LPI (LP Information)' newest research report, the “Bakery Packaging Industry Forecast” looks at past sales and reviews total world Bakery Packaging sales in 2022, providing a comprehensive analysis by region and market sector of projected Bakery Packaging sales for 2023 through 2029. With Bakery Packaging sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Bakery Packaging industry.

This Insight Report provides a comprehensive analysis of the global Bakery Packaging landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Bakery Packaging portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Bakery Packaging market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Bakery Packaging and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Bakery Packaging.

The global Bakery Packaging market size is projected to grow from US$ 49280 million in 2022 to US$ 63260 million in 2029; it is expected to grow at a CAGR of 63260 from 2023 to 2029.

The increasing shelf-life of food products owing to the extensive use of modified atmosphere packaging will be one the primary factors leading to the growth of this market over the forecast period. The emergence of multipacks and small-sized packs is one of the recent trends in the market. Benefits such as its convenience of storage, affordable prices, and availability of portion controlled sizes are some of the factors that will lead to the increasing demand for these products over the following years. Bakery packaging market is competitive due to the presence of well-diversified international, regional and local players. However, some big international players dominate the market share owing to their brand image and market reach. With high market growth rate and increase in demand, this sector is attracting more players resulting in an enhanced competitive rivalry within the industry.

This report presents a comprehensive overview, market shares, and growth opportunities of Bakery Packaging market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Flexibles
Rigid Plastic
Metal
Others

Segmentation by application
Bread
Cakes
Pastries
Biscuits
Breakfast Cereals
Frozen Bakery
Frozen Desserts

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Mondi Group
Amcor
Crown Holdings
Benson Box
Brow Packaging
Genpak
Wipak

Key Questions Addressed in this Report

What is the 10-year outlook for the global Bakery Packaging market?

What factors are driving Bakery Packaging market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Bakery Packaging market opportunities vary by end market size?

How does Bakery Packaging break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.