Theglobal snackpackaging market size was valued at USD 19.29 billion in 2023. The marketis projected to be worth USD 20.07 billion in 2024 and reach USD 29.15 billion
by 2032, exhibiting a CAGR of 4.77% during the forecast period.
Source:
Snack packaging reflects quality,builds emotional connections, and enhances brand loyalty. It varies by snack
type, shelf life, and sustainability goals. As modern life accelerates with
longer commutes and increased workloads, demand for portable snack packaging
that meets the needs of busy consumers is rising rapidly.
The COVID-19 pandemic had a limitedimpact on the food and beverage sector. Although plant shutdowns initially
slowed growth, rising cases led consumers to stockpile snacks such as biscuits
and bread, driving demand and boosting market growth.
Fortune BusinessInsights™ provides thisinformation in itsresearch report, titled “SnackPackaging Market, 2024-2032”.
𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧:
Plastic Segment Dominates owing to Superior Freshness and Convenience
As per material, themarket is fragmented into plastic, paper & paperboard, metal, and others. Plastic is the leading material segment and is poisedto witness noteworthy growth during the forecast period. Plastic packaging enhances freshnessand offers convenient features such as reusability and resealability, making it
a popular choice for snack foods.
𝐑𝐞𝐩𝐨𝐫𝐭𝐂𝐨𝐯𝐞𝐫𝐚𝐠𝐞
This report offers an in-depth overview of the snack food packagingmarket, highlighting major players, competitive landscape, and product/service
types. It features Porter’s five forces analysis, market trends, and key
industry developments, offering a detailed perspective on recent growth
factors.
𝐃𝐫𝐢𝐯𝐞𝐫𝐬𝐚𝐧𝐝𝐑𝐞𝐬𝐭𝐫𝐚𝐢𝐧𝐭𝐬:
Increasing Utilization of FlexiblePackaging for Snack Foods to Stimulate Market Growth.
Flexiblepackaging offers excellent protection against odors, oxygen, light, and heat,
preserving snack freshness and reducing food waste. Add-ons such as zippers and
reseal stickers ensure multiple servings while maintaining product quality.
Moreover, lightweight, unbreakable, and easy-to-handle bags, pouches, and wraps
maximize shelf space and enhance product visibility, driving the adoption of
flexible packaging in the market.
