Lucintel Forecasts the Global Confectionery Flexible Packaging Market to Reach $7 Billion by 2030
Lucintel Forecasts the Global Confectionery Flexible Packaging Market to Reach $7 Billion by 2030
Blog Article
According to a market report by Lucintel, the future of the global confectionery flexible packaging market looks promising with opportunities in the chocolate, candy & toffee, gum, snack bar, and biscuit markets. The global confectionery flexible packaging market is expected to reach an estimated $7 billion by 2030 from $5 billion in 2024 at a CAGR of 3% from 2024 to 2030. The major drivers for this market are growing need for portable and easy-to-use confectionery packaging solutions, rising usage of environmentally friendly packaging materials and procedures, and expanding numbers of consumers looking for eye-catching and appealing packaging.
A more than 150–page report is developed to understand Trends, opportunity and forecast in confectionery flexible packaging market to 2030 by product type (films & wraps, pouches, sachets & stick packs, tubes, and laminates), material type (plastics and paper), application (chocolate, candy & toffees, gum, snack bars, biscuits, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that pouch will remain the largest segment over the forecast period due to its exceptional barrier properties, keeping the contents fresh and shielding them from the environment.
Within this market, chocolate will remain the largest segment due to substantial usage of flexible packaging in this application given to their broad appeal and offers a stylish and practical method of presenting a range of chocolate products.
North America is expected to witness highest growth over the forecast period.
WestRock, DS Smith, Sonoco Products, Amrcor, Huhtamaki, Constantia Flexibles, Ahlstrom-Munksjo, Bomarko, Printpack, and Stanpac are the major suppliers in the confectionery flexible packaging market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]. To get access of more than 1000 reports at fraction of cast visit Lucintel’s Analytics Dashboard.
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1 972.636.5056