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Produce Packaging Market Research Report Information by Packaging Type (Corrugated Boxes, Bags and Liners, Plastic Containers and Trays), Application (Vegetables, Fruits and Salads), End User (Growers/Shippers, Re-Packers and Retail Stores) and Region (North America, Europe, Asia-Pacific, Middle East & Africa and South America) - Forecast till 2032


ID: MRFR/PNT/6861-HCR | 107 Pages | Author: Snehal Singh| November 2024

Produce Packaging Market overview


Produce packaging market size was valued at USD 36.79 Billion in 2023. The Produce packaging industry is projected to grow from USD 38.08 Billion in 2024 to USD 52.56 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 4.10% during the forecast period (2024 - 2032).


In the last few years, the global produce packaging Market has seen a moderate growth and expansion. Various factors would affect the development of the market, including an increase in the production of fresh products and increasing awareness among the population of all the countries across the globe towards healthy lifestyles. People have started becoming aware of the benefits of consuming fruits and fresh vegetables, which is another factor that drives the growth of the produce packaging Industry.


Additionally, the reason that has been encouraging people to opt for such a lifestyle is the busy and stressful life. With less time to have meals, people have been getting inclined to consume semi-prepared and fruits and salads that are cute. The produce packaging makes sure that these stay fresh for a longer duration. But looking at the other side of the coin suggests that strict laws from the regulatory bodies on waste and recycling are the factors that have been acting as the restraints in the produce packaging Market Growth.


In April 2024, American Packaging Corporation (APC), a leader in flexible packaging solutions, has announced the commercial launch of another RE™ Design for Recycle flexible packaging technology targeted at pet food products ranging from small pouches for pet treats to large bags (up to 38#) for pet kibble. This new technology joins a portfolio of packaging technologies in APC's RE™ sustainable packaging portfolio, that also includes Design for Compost, Circular Content, and Renewable Content, as well as several additional Design for Recycle film and paper options. The breadth of products as well as the focus on quality and premiumization geared toward the pet market were definite considerations for this development. Conventional offerings tended to include multi-material laminates that could not be reused or recycled, and the goal was to develop packaging that was compliant with industry guidelines for recyclability and could be recycled where proper collection and sorting facilities exist.


Produce Packaging Market Overview


Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


Competitive landscape


List of the key companies in the produce packaging Market are:


Smurfit Kappa (Ireland), Amcor plc (Australia), International Paper (US), COVERS (US), Sealed Air (US), DS Smith (UK), WestRock Company (US), Mondi (Austria), Berry Pack, Inc. (the US), Sonoco Products Company (US), Packaging Corporation of America (US), Pactiv LLC (US), Ultimate Group (UK), Stora Enso (Finland) and INFIA Srl (Italy), among others.


COVID-19 Impact Analysis


In the Corona pandemic's unprecedented times, most of us had to suffer either physically or financially, or for some, it was both. Something similar has been sustained by business all over the world. When life seemed to be stuck, there was nothing we could even do. Those lockdowns and the pandemic's fear, Business suffered severe setbacks in terms of workforce and finances. But there needs to be a way out. Every problem comes with a solution.


The reports provided to the business are the solution to these. These are high-end, extensively researched reports that tenable stage business owners and the staff take one step towards resetting what they have lost and started building things afresh. Experts in the industry have designed the pieces with an in-depth produce packaging Market Analysis of the produce packaging Market Share. These even have insights of the key players of the needs, their plans, and the strategies that enable the business self to analyze those plans that have them reach the place they are and work accordingly.


Market Dynamics


The market dynamics for the global produce packaging Market Outlook is going strong due to factors like an increase in the demand for fresh produce. Ready to eat and dry cut food items provide an extra step towards produce packaging industry Growth. People have started to understand what is best for their health and what packaging would ensure that the food items' nutrients stay intact. This has caused even more growth in the produce packaging Market Value.


The factors that have anticipated the assistance of the produce packaging Market Trends advancements include the factors like the introduction of new products in the market regularly. The demand for overwrap trays has grown many folds and is expected to expand even more in the forecast period. Even after strict regulations, plastic bags are still used in huge quantities, leaving an effect on the produce packaging Market Revenue to a great extent.


Regulatory Implications


The laws that are being implemented on the produce packaging industry tend to play a significant role in the produce packaging Market Size. The regulations are not just about the containment of the food articles they carry. There is much more to it. The laws by various administrative bodies have forwarded such regulations that range from giving physical protection to the slow deterioration of the food article. They are also checked for any chemical reactions with the good or the procedures to extend the shelf life. The produce packaging industry Value has evolved towards the regulations governed by the administrative bodies and have included many Chang's from time to time.


Segment Overview


The produce packaging can be classified into three subcategories:



  • Based on Type

  • Based on Application

  • Based on End-user


Based on type:


This can further be categorized into the following:



The segment that holds the highest share and dominates the market is the corrugated box segment. And the segment is also expected to expand at the highest CAGR.


Based on application:


The produce packaging Market Outlook can be classified into the following subcategories:



  • Fruits

  • Salads

  • Vegetables


The segment that dominates the produce packaging Industry is the vegetable segment and would probably have the highest CAGR in the forecast period.


Based on end-user:


Based on the end-user, the market has the following subtypes:



  • Re packers

  • Retail stores

  • Growers/shippers


The growers/shippers market is the one that dominates the market in this segment. Also, this segment is expected to have the highest CAGR in the years to come.


Regional Analysis


Based on region, the market has the following subdivisions



  • Europe

  • North America

  • Asia pacific

  • South America

  • The Middle East and Africa


The Asia Pacific dominates the produce packaging industry Size with the largest share. It is then followed by North America and then Europe bags third place. The Asia Pacific is expected to keep its first rank till the year 2025. The significant reasons for the region's dominance are the high rate of production of fresh fruits and vegetables in the area. Countries like India and China are the ones that contribute the most towards fresh produce. It is also expected that the demand would further increase in the forecast period.


North America has experienced high rates due to the increased investments in the research and development areas for innovation of new products in the product package market. On the other side, few factors that have been restraining the growth of the produce packaging Market Share in the developed countries like the US and Canada are the strict laws laid down by the regulatory bodies for the safety of the food items.


Recent Developments


In July 2023, the United States Food and Drug Administration (FDA) approved the use of edible films for produce packaging. These films are made from food-grade materials, such as cellulose and protein, and can help to extend the shelf life of produce.


In August 2023, the company Apeel Sciences launched its new produce packaging technology. Apeel Sciences' technology uses plant-based materials to create a protective coating on produce that helps to keep it fresh longer.


In September 2023, the company Inland Paperboard announced the launch of its new compostable produce packaging. Inland Paperboard's packaging is made from 100% recycled paper and can be composted in home or commercial composting facilities.

In December 2023, Novolex®, a leader in packaging choice, innovation and sustainability, is introducing food packaging containers that are both recyclable and made with a minimum 10% post-consumer recycled (PCR) content. Manufactured by Novolex brand Waddington® North America (WNA), the new products include various sizes of dessert cups, tamper-evident containers, cake containers and bakery clamshells. Novolex develops and manufactures diverse packaging and food service products that touch nearly every aspect of daily life for multiple industries ranging from grocery, food packaging, restaurant and retail to medical applications and building supplies.


In June 2022, fruit importer IG International entered into a joint venture with Esquire Corrugation to manufacture sustainable fresh produce carton packaging. The companies through their joint venture Esquire IG aim to produce between 500 and 1000 tonnes of fresh produce packaging for the demands of the local and international markets.


In July 2022, Mondi Group launched Grow&Go, which is a series of purpose-built corrugated packing solutions for preserving and shipping vegetables and fruits. The assemblage of all the packages is designed in such a way that after filling, they can be easily stacked on top of one another without breaking or being damaged, thus preventing waste. These include options like bulky, heavy goods in large quantities, light assortments of fruits and vegetables for shelf displays, etc. All products within the entire range comply with food contact regulations and are completely paper based.



Report Overview


With a rough estimate of a CAGR of 4.1% in the forecast period, the global produce packaging market is one such market that is on the rise because of the type of lifestyles the majority of the population has. With no time to even eat, they prefer the semi cooled and freshly packed food, which is the major force in producing packaging Market Revenue generation. The reports that are provided to the business owners include all the small and big details that they would need regarding the market. The current situation of the market, the historical background, and the qualitative and quantitative value are discussed in the report. Moreover, the strategies that are being followed by the top players of the market that have helped them reach the level they are have also been discussed to make the business analyse themselves and work accordingly. The other things used in the report are the segmentation of the market-based in various subtypes, which included the produce packaging Market Analysis according to different regions across the globe.

Report Attribute/Metric Details
  Market Size 2023   USD 36.79 Billion
  Market Size 2024   USD 38.08 Billion
  Market Size 2032   USD 52.56 Billion
  CAGR   4.10% CAGR (2024-2032)
  Base Year   2023
  Forecast Period    2024 to 2032
  Historical Data   2019 & 2020
  Forecast Units   Value (USD Billion)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Packaging Type, Application, End User
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Smurfit Kappa (Ireland), Sonoco Products Company (US), Amcor plc (Australia), International Paper (US), COVERS (US), Sealed Air (US), DS Smith (UK), WestRock Company (US), Mondi (Austria), Berry Pack, Inc. (the US), Packaging Corporation of America (US), Pactiv LLC (US), Ultimate Group (UK), Stora Enso (Finland) and INFIA Srl (Italy)
  Key Market Opportunities   New product launches and R&D Amongst major key Players
  Key Market Drivers Growth in the agricultural industry An increase in awareness regarding healthy lifestyle
 

Frequently Asked Questions (FAQ) :

The market expansion is expected to occur at a rate of 4.10% in the years ahead.

The market value is expected to reach USD 36.79 billion by 2032

The top companies listed in the report are COVERIS (US), Stora Enso (Finland), Smurfit Kappa (Ireland), Packaging Corporation of America (US), Mondi (Austria), Sealed Air (US), Pactiv LLC (US), Berry Pack, Inc. (US), DS Smith (UK), INFIA srl (Italy), Ultimate Group (UK), WestRock Company (US), Sonoco Products Company (US), International Paper (US), Amcor plc (Australia), and others.

Based on end-user, the primary segments listed in the report are re-packers, retail stores and growers/shippers.

The top growth-boosting factors in the North American market are increased research and development (R&D) investment along with product innovation among others.

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