Global Food Grade Plastic Packaging Market Growth 2023-2029

Global Food Grade Plastic Packaging Market Growth 2023-2029

The global Food Grade Plastic Packaging market size is projected to grow from US$ 31980 million in 2022 to US$ 46420 million in 2029; it is expected to grow at a CAGR of 5.5% from 2023 to 2029.

United States market for Food Grade Plastic Packaging is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Food Grade Plastic Packaging is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Food Grade Plastic Packaging is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Food Grade Plastic Packaging players cover Berry Global Group Inc, Ball Corp, Tetra Pak International SA, Amcor Plc, Crown Holdings Inc, SPI, Plastek Group, ALPLA-Werke Alwin Lehner GmbH & Co. KG and Anchor Packaging LLC, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

Food grade plastic packaging is one of the best materials to ensure the food safety and quality of products. Plastic has good barrier properties, meaning it protects packaged food from potential contaminants. The barrier quality of the packaging also affects the shelf life of the product, preventing it from spoiling or losing quality, thereby reducing food waste going to landfills. Some food-grade plastics are also recyclable.

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

This Insight Report provides a comprehensive analysis of the global Food Grade Plastic 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 Food Grade Plastic Packaging portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Food Grade Plastic Packaging market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Food Grade Plastic 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 Food Grade Plastic Packaging.

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

Market Segmentation:

Segmentation by type
Polyethylene Terephthalate (PET)
Crystallizable Polyethylene Terephthalate (CPET)
Polypropylene
Plastic Films
Other

Segmentation by application
Food
Beverage

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.
Berry Global Group Inc
Ball Corp
Tetra Pak International SA
Amcor Plc
Crown Holdings Inc
SPI
Plastek Group
ALPLA-Werke Alwin Lehner GmbH & Co. KG
Anchor Packaging LLC
DS Smith plc
Honeywell International Inc
Huhtamäki Oyj
Mondi plc
Printpack, Inc
Sealed Air Corporation
Sonoco Products Company
Winpak Ltd

Key Questions Addressed in this Report

What is the 10-year outlook for the global Food Grade Plastic Packaging market?

What factors are driving Food Grade Plastic Packaging market growth, globally and by region?

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

How do Food Grade Plastic Packaging market opportunities vary by end market size?

How does Food Grade Plastic 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.