Produce Packaging Industry Size, Share, Growth, Trends, Analysis, Future Scope, Forecast To 2025

Produce Packaging Industry Highlights

Market Research Future (MRFR) reveals that the global Produce Packaging Industry value in 2018 was USD 37 billion in 2018. MRFR believes that the market can potentially record a growth rate of close to 5.1% during the forecast period (2018-2025).

The worldwide market for produce packaging holds a lot of promise and can achieve a strong growth rate owing to the surge in fresh produce production coupled with the increasing role of packaging in the marketing, traceability, and protection of fresh fruits and vegetables.

Key Players

Mondi (Austria)

Amcor plc (Australia)

DS Smith (UK)

International Paper (US)

Sonoco Products Company (US)

Sealed Air (US)

Smurfit Kappa (Ireland)

COVERIS (US)

WestRock Company (US)

Ultimate Group (UK)

Packaging Corporation of America (US)

INFIA srl (Italy)

Berry Pack, Inc. (US)

Pactiv LLC (US)

Stora Enso (Finland) 

Regional Analysis

Based on region, the global Produce Packaging Industry has been segmented into North America, Europe, Asia-Pacific, the Middle East & Africa, and South America. Asia-Pacific dominated the global market, followed by North America, primarily due to the growth in agricultural industry, mainly in China and India. The agricultural industry in Asia-Pacific is growing due to the growth in population and economic growth, which fuel the Asia-Pacific Produce Packaging Industry growth. Moreover, due to the busy life schedules and increasing purchasing power of consumer in the developing countries, consumers are inclined towards the freshly cut packaged fruits, vegetables, or salads, which is expected to drive the market growth in Asia-Pacific.

Market Segmentation

Based on packaging type, the global market has been segmented into corrugated boxes, bags and liners, plastic containers, and trays. The corrugated boxes segment is expected to register a high growth rate during the forecast period owing to the various advantages associated with corrugated boxes. These boxes are extremely lightweight, recyclable, and have a high load-bearing capacity. Moreover, graphic prints can be easily done on corrugated boxes, which will provide it branding and messaging opportunities.

The vegetables produce packaging segment is expected to occupy a large share of the global Produce Packaging Industry.

Based on application, the global market has been segmented into vegetables, fruits, and salads. The vegetables segment is expected to witness significant growth during the forecast period due to the rapid growth of the global population and increasing awareness about health.

The growers/shippers segment is expected to occupy the largest share in the global Produce Packaging Industry.

Based on end-user, the global Produce Packaging Industry is segmented into growers/shippers, re-packers, and retail stores. The growers/shippers segment is expected to register a high growth rate during the forecast period. The agricultural industry is growing across the globe, owing to an increase in population, which is expected to drive the growers/shippers segment. Furthermore, research and development in the areas of agriculture for the high production of fruits and vegetables is expected to fuel the growth of the growers/shippers segment in the global Produce Packaging Industry.

Browse Full Report Details With Complete TOC @ https://www.marketresearchfuture.com/reports/produce-packaging-market-8333

About Market Research Future

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.