Food Packaging Industry 2023 Challenges, Import Export Consumption, Demand and Forecast 2030
Food Packaging Industry Data Book Covers Flexible Food Packaging, Fresh Food Packaging, Food Container and Micro-perforated Food Packaging Markets. The economic value generated by the food packaging industry was estimated at approximately USD 346.5 billion in 2021. Fresh Food Packaging Market Report Highlights The global fresh food packaging market size was estimated at USD 129.0 billion in 2021, and it is expected to reach USD 181.7 billion by 2028. The market is expected to expand at a CAGR of 5.0% CAGR (2022-2030). The flexible segment accounted for a significant revenue share of 47.6% in 2020. Manufacturers are actively investing in increasing the production capacity of flexible packaging owing to the increasing preference for economical and low-cost packaging by the application industry The plastic material segment accounted for the largest revenue share of 37.2% in 2020 and is expected to witness a CAGR of 4.7% over the forecast period. Abundant raw material ava...