Global Snack Food Packaging Market Size, Trends By Material Type (Polyethylene (PE), Polypropylene (PP), Polyethylene Terephthalate (PET), Bioplastics, Others), By Packaging Type (Pouches, Bags, Boxes, Composite Cans, Others), By Product Weight (Less than 100 gm, 101 gm to 500 gm, 501 gm to 1 kg, 1 kg to 3 kg, Above 3 kg), By Application (Chips/Crisp/Dries/Plantain Chip, Nuts & Dry Fruits, Baby Food, Ready-to-Eat Food, Others), By Region and Forecast to 2030.
Global Snack Food Packaging Market
The Global Snack Food Packaging Market was valued at USD 17.2 billion in 2022 and is expected to reach 25.4 billion by 2030, at a CAGR 4.47% during the forecast period 2023- 2030.
Snack food items' flavor, texture, and quality are preserved thanks to the packaging. Snack foods are gaining popularity among consumers of all ages, and as a result, producers have created new, appealing packaging that promotes product visibility. They were able to keep snacks and food pleasant and fresh with the aid of smart packaging. They maintain nibbles in wafers, crackers, potato chips, and cracker packaging to keep them palatable. To satisfy the packaging requirements of the sector, materials for snack food packaging are developed. Expertise also resides in the application of new and modern technology to deliver highly competitive solutions.
Market Drivers
The global market for snack food packaging may be driven by innovations in practical packaging solutions. Packaging solutions are advantageous for consumers who are constantly on the go and have health concerns. To assist consumers in doing this and resealing the container so they may enjoy the remaining product later, manufacturers are introducing more bag closures. Manufacturers in the snack food packaging industry are diversifying their offerings to fulfill consumer demand for grab-and-go packaging solutions. Production of convenience packaging is increasingly guided by factors including sustainability, reusability, and food safety.
Market Restraints
Plastic is one of the main basic materials used to package food. Plastic packaging is made from synthetic polymers like polyethylene and polypropylene. The varying price of these raw materials affects the packaging business. Regulations the government and associations have created about resource conservation are also driving up the cost of these raw materials, which is having an impact on the growth of the global market for snack food packaging. Technology developments in packaging solutions are hampered by the absence of easily accessible raw materials. Due to the high cost of raw materials, many cutting-edge packaging technologies are becoming costly. As a result, businesses must rely on conventional packaging, which is equally bad for the environment and the economy.
COVID 19 Impact
The impact of COVID-19 on the food industry was smaller than that of other manufacturing sectors because it was kept under vital services by all governments, unlike other manufacturing sectors. During the continuing epidemic, businesses that provide flexible packaging to industries like packaged food should do well. The demand for packaged foods is influenced by a variety of factors, including stockpiling, legislative actions, and changing consumer demand trends.
The increasing threat posed by the pandemic to food safety has caused many consumers in significant emerging nations, including India, to switch from unpackaged food to packaged food. Domestic packaged food sales were also bolstered by the growth of e-commerce retail and flexible packaging for packaged goods during the COVID-19 pandemic.
Market Segmentation
The scope of global Snack Food Packaging Market is segmented into Material Type, Packaging Type, Product Weight, and Application.
Based on Material Type, the market is divided into Polyethylene (PE), Polypropylene (PP), Polyethylene Terephthalate (PET), Bioplastics, and Others.
Based on Packaging Type, the market is divided into Pouches, Bags, Boxes, Composite Cans, and Others.
Based on Product Weight, the market is classified into Less than 100 gm, 101 gm to 500 gm, 501 gm to 1 kg, 1 kg to 3 kg, and Above 3 kg.
Based on Application, the market is bifurcated into Chips/Crisp/Dries/Plantain chips, Nuts & Dry Fruits, Baby Food, Ready-to-Eat Food, and Others.
Regional Analysis
The Global Soluble Dietary Fiber Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa.
North America is anticipated to hold the largest market share during the forecast period due to Customers' high consumption rates and strict government regulations regarding the quality and safety of snack food products. Europe is regarded as the second main market in the global snack food packaging industry after the United States, which is a mature market for bakery and snack foods and is expected to expand.
Key Players
Sonoco Products, Sealed Air Corporation, Graham Packaging Holdings, Bemis Company, American Packaging, Bryce Corporation, and many others, Swiss pack private limited
Market Taxonomy
By Material Type
• Polyethylene (PE)
• Polypropylene (PP)
• Polyethylene Terephthalate (PET)
• Bioplastics
• Others
By Packaging Type
• Pouches
• Bags
• Boxes
• Composite Cans
• Others
By Product Weight
• Less than 100 gm
• 101 gm to 500 gm
• 501 gm to 1 kg
• 1 kg to 3 kg
• Above 3 kg
By Application
• Chips/Crisp/Dries/Plantain Chip
• Nuts & Dry Fruits
• Baby Food
• Ready-to-Eat Food
• Others
By Process
• Chemical Synthesis
• Bioprocess
By Product
• Food & Pharmaceutical Grade
• Feed Grade
By Application
• Animal Feed
• Healthcare Products
• Functional Drinks
• Medicines
By Region
• North America
o U.S.
o Canada
o Mexico
• Latin America
o Brazil
o Argentina
o Colombia
o Peru
o Chile
o Venezuela
o Rest of Latin America
• Europe
o Germany
o France
o UK
o Russia
o Italy
o Spain
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o New Zealand
o Singapore
o Malaysia
o Rest of Asia Pacific
• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o Kuwait
o South Africa
o Rest Middle East & Africa
Key Questions Addressed by the Report
• What are the Key Opportunities in Global Bonsai Market?
• What will be the growth rate from 2023 to 2030?
• Which segment/region will have the highest growth?
• What are the factors that will impact/drive the Market?
• What is the competitive Landscape in the Industry?
• What is the role of key players in the value chain?
Global Snack Food Packaging Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Snack Food Packaging Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing economic downturn
4.2.6 Post covid-19 world Supply & Demand conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Snack Food Packaging Market, By Material Type
5.1 Y-o-Y Growth Comparison, By Material Type
5.2 Global Snack Food Packaging Market Share Analysis, By Material Type
5.3 Global Snack Food Packaging Market Size and Forecast, By Material Type
5.3.1 Polyethylene (PE)
5.3.2 Polypropylene (PP)
5.3.3 Polyethylene Terephthalate (PET)
5.3.4 Bioplastics
5.3.5 Others
6 Global Snack Food Packaging Market, By Packaging Type
6.1 Y-o-Y Growth Comparison, By Packaging Type
6.2 Global Snack Food Packaging Market Share Analysis, By Packaging Type
6.3 Global Snack Food Packaging Market Size and Forecast, By Packaging Type
6.3.1 Pouches
6.3.2 Bags
6.3.3 Boxes
6.3.4 Composite Cans
6.3.5 Others
8 Global Snack Food Packaging Market, By Product Weight
8.1 Y-o-Y Growth Comparison, By Product Weight
8.2 Global Snack Food Packaging Market Share Analysis, By Product Weight
8.3 Global Snack Food Packaging Market Size and Forecast, By Product Weight
8.3.1 Less than 100 gm
8.3.2 101 gm to 500 gm
8.3.3 501 gm to 1 kg
8.3.4 1 kg to 3 kg
8.3.5 Above 3 kg
9 Global Snack Food Packaging Market, By Application
9.1 Y-o-Y Growth Comparison, By Application
9.2 Global Snack Food Packaging Market Share Analysis, By Application
9.3 Global Snack Food Packaging Market Size and Forecast, By Application
9.3.1 Chips/Crisp/Dries/Plantain Chip
9.3.2 Nuts & Dry Fruits
9.3.3 Baby Food
9.3.4 Ready-to-Eat Food
9.3.5 Others
10 Global Snack Food Packaging Market, By Region
10.1 Global Snack Food Packaging Market Share Analysis, By Region
10.2 Global Snack Food Packaging Market Size and Forecast, By Region
11 North America Snack Food Packaging Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 North America Snack Food Packaging Market Share Analysis, By Material Type
11.3 North America Snack Food Packaging Market Size and Forecast, By Packaging Type
11.4 North America Snack Food Packaging Market Size and Forecast, By Product Weight
11.5 North America Snack Food Packaging Market Size and Forecast, By Application
11.6 North America Snack Food Packaging Market Size and Forecast, By Country
11.6.1 U.S.
11.6.2 Canada
11.6.3 Mexico
12 Europe Snack Food Packaging Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Europe Snack Food Packaging Market Share Analysis, By Material Type
12.3 Europe Snack Food Packaging Market Size and Forecast, By Packaging Type
12.4 Europe Snack Food Packaging Market Size and Forecast, By Product Weight
12.5 Europe Snack Food Packaging Market Size and Forecast, By Application
12.6 Europe Snack Food Packaging Market Size and Forecast, By Country
12.6.1 Germany
12.7.2 France
12.7.3 UK
12.7.4 Rest of Europe
13 Asia Pacific Snack Food Packaging Market Analysis and Forecast (2023-2030)
13.1 Introduction
13.2 Asia Pacific Snack Food Packaging Market Share Analysis, By Material Type
13.3 Asia Pacific Snack Food Packaging Market Size and Forecast, By Packaging Type
13.4 Asia Pacific Snack Food Packaging Market Size and Forecast, By Product Weight
13.5 Asia Pacific Snack Food Packaging Market Size and Forecast, By Application
13.6 Asia Pacific Snack Food Packaging Market Size and Forecast, By Country
13.6.1 China
13.6.2 Japan
13.6.3 India
13.6.4 Rest of Asia Pacific
14 6atin America Snack Food Packaging Market Analysis and Forecast (2023-2030)
14.1 Introduction
14.2 Latin America Snack Food Packaging Market Share Analysis, By Material Type
14.3 Latin America Snack Food Packaging Market Size and Forecast, By Packaging Type
14.4 Latin America Snack Food Packaging Market Size and Forecast, By Product Weight
14.5 Latin America Snack Food Packaging Market Size and Forecast, By Application
14.6 Latin America Snack Food Packaging Market Size and Forecast, Country
14.6.1 Brazil
14.6.2 Rest of Latin America
15 Middle East Snack Food Packaging Market Analysis and Forecast (2023-2030)
15.1 Introduction
15.2 Middle East Snack Food Packaging Market Share Analysis, By Material Type
15.3 Middle East Snack Food Packaging Market Size and Forecast, By Packaging Type
15.4 Middle East Snack Food Packaging Market Size and Forecast, By Product Weight
15.5 Middle East Snack Food Packaging Market Size and Forecast, By Application
15.6 Middle East Snack Food Packaging Market Size and Forecast, By Country
15.6.1 Saudi Arabia
15.6.2 UAE
15.6.3 Egypt
15.6.4 Kuwait
15.6.5 South Africa
16 Competitive Analysis
16.1 Competition Dashboard
16.2 Market share Analysis of Top Vendors
16.3 Key Development Strategies
17 Company Profiles
17.1 Sonoco Products
17.1.1 Overview
17.1.2 Offerings
17.1.3 Key Financials
17.1.4 Business Segment & Geographic Overview
17.1.5 Key Market Developments
17.1.6 Key Strategies
17.2 B Sealed Air Corporation
17.2.1 Overview
17.2.2 Offerings
17.2.3 Key Financials
17.2.4 Business Segment & Geographic Overview
17.2.5 Key Market Developments
17.2.6 Key Strategies
17.3 Graham Packaging Holdings
17.3.1 Overview
17.3.2 Offerings
17.3.3 Key Financials
17.3.4 Business Segment & Geographic Overview
17.3.5 Key Market Developments
17.3.6 Key Strategies
17.4 Bemis Company
17.4.1 Overview
17.4.2 Offerings
17.4.3 Key Financials
17.4.4 Business Segment & Geographic Overview
17.4.5 Key Market Developments
17.4.6 Key Strategies
17.5 American Packaging
17.5.1 Overview
17.5.2 Offerings
17.5.3 Key Financials
17.5.4 Business Segment & Geographic Overview
17.5.5 Key Market Developments
17.5.6 Key Strategies
17.6 Bryce Corporation
17.6.1 Overview
17.6.2 Offerings
17.6.3 Key Financials
17.6.4 Business Segment & Geographic Overview
17.6.5 Key Market Developments
17.6.6 Key Strategies
17.7 Portescap Inc.
17.7.1 Overview
17.7.2 Offerings
17.7.3 Key Financials
17.7.4 Business Segment & Geographic Overview
17.7.5 Key Market Developments
17.7.6 Key Strategies
17.8 Swiss pack private limited
17.8.1 Overview
17.8.2 Offerings
17.8.3 Key Financials
17.8.4 Business Segment & Geographic Overview
17.8.5 Key Market Developments
17.8.6 Key Strategies
