Global Food - Drink Packaging Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Material;

Metal, Glass & Wood, Paper & Paperboard, Plastics, and Others.

By Technology;

Controlled, Active, Intelligent, Aseptic, Biodegradable, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn223281167 Published Date: January, 2025 Updated Date: February, 2025

Introduction

Global Food - Drink Packaging Market (USD Million), 2021 - 2031

In the year 2023, the Global Food - Drink Packaging Market was valued at USD 312044.60 million. The size of this market is expected to increase to USD 410629.40 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 4.0%.

Packaging materials commonly used include plastics, paper and paperboard, glass, metal, and biodegradable options, each offering unique benefits and catering to different segments of the market. The rise in global population, urbanization, and changing lifestyle patterns have significantly influenced the growth of the food and drink packaging market, as consumers seek ready-to-eat meals, on-the-go beverages, and single-serve portions that fit their busy schedules.

Innovations in packaging technology play a pivotal role in shaping the market, with advancements such as smart packaging, active packaging, and sustainable materials gaining traction. Smart packaging solutions, equipped with sensors and indicators, provide real-time information about the product's freshness and quality, enhancing consumer trust and reducing food waste. Active packaging incorporates elements that interact with the food product to maintain its quality, such as moisture absorbers and oxygen scavengers, thereby extending shelf life and ensuring safety. Sustainability is a major driving force, as both consumers and regulatory bodies push for eco-friendly packaging solutions. This has led to the development of biodegradable and compostable materials, as well as efforts to reduce plastic usage and improve recyclability.

The market is also characterized by stringent regulations and standards aimed at ensuring food safety and environmental protection. These regulations influence packaging design, material selection, and labeling requirements, compelling manufacturers to stay compliant while innovating. The e-commerce boom has further propelled the demand for robust and protective packaging solutions, as food and drink products require secure transit from producers to consumers without compromising quality.

Geographically, the market exhibits diverse trends, with North America and Europe leading in terms of innovation and adoption of sustainable practices. The Asia-Pacific region, driven by rising disposable incomes and urbanization, presents significant growth opportunities. Emerging economies in Latin America and the Middle East & Africa are also witnessing increased demand for advanced packaging solutions as their food and beverage industries expand.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Material
    2. Market Snapshot, By Technology
    3. Market Snapshot, By Region
  4. Global Food - Drink Packaging Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Consumer convenience

        2. Sustainability demands

        3. E-commerce growth

      2. Restraints
        1. High material costs

        2. Environmental concerns

        3. Supply chain disruptions

      3. Opportunities
        1. Smart packaging

        2. Biodegradable materials

        3. Emerging markets

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Food - Drink Packaging Market, By Material, 2021 - 2031 (USD Million)
      1. Metal

      2. Glass & Wood

      3. Paper & Paperboard

      4. Plastics

      5. Others

    2. Global Food - Drink Packaging Market, By Technology, 2021 - 2031 (USD Million)
      1. Controlled

      2. Active

      3. Intelligent

      4. Aseptic

      5. Biodegradable

      6. Others

    3. Global Food - Drink Packaging Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Toyo Seikan Group Holdings, Ltd.
      2. Parksons Packaging Ltd.
      3. Cellpack AG Packaging
      4. CLONDALKIN GROUP
      5. Bemis Company, Inc.
      6. CONSTANTIA
      7. AR Packaging Group AB
      8. Huhtamaki
      9. Mondi
  7. Analyst Views
  8. Future Outlook of the Market