Confectionery Flexible Packaging Trends and Forecast
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 $6.5 billion by 2030 with a CAGR of 3.0% 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.Confectionery Flexible Packaging by Segment
The study includes a forecast for the global confectionery flexible packaging by product type, material type, application, and region.Confectionery Flexible Packaging Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:
- Films & Wraps
- Pouches
- Sachets & Stick Packs
- Tubes
- Laminates
Confectionery Flexible Packaging Market by Material Type [Shipment Analysis by Value from 2018 to 2030]:
- Plastics
- Paper
Confectionery Flexible Packaging Market by Application [Shipment Analysis by Value from 2018 to 2030]:
- Chocolate
- Candy & Toffees
- Gum
- Snack Bars
- Biscuits
- Others
Confectionery Flexible Packaging Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Confectionery Flexible Packaging Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies confectionery flexible packaging companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the confectionery flexible packaging companies profiled in this report include:- WestRock
- DS Smith
- Sonoco Products
- Amcor
- Huhtamaki
- Constantia Flexibles
- Ahlstrom-Munksjo
- Bomarko
- Printpack
- Stanpac
Confectionery Flexible Packaging Market Insights
The publisher 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.
Features of the Global Confectionery Flexible Packaging Market
- Market Size Estimates: Confectionery flexible packaging market size estimation in terms of value ($B).- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Confectionery flexible packaging market size by product type, material type, application, and region in terms of value ($B).
- Regional Analysis: Confectionery flexible packaging market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different product types, material types, applications, and regions for the confectionery flexible packaging market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the confectionery flexible packaging market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the confectionery flexible packaging market size?Answer: The global confectionery flexible packaging market is expected to reach an estimated $6.5 billion by 2030.
Q2. What is the growth forecast for confectionery flexible packaging market?
Answer: The global confectionery flexible packaging market is expected to grow with a CAGR of 3.0% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the confectionery flexible packaging market?
Answer: 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.
Q4. What are the major segments for confectionery flexible packaging market?
Answer: The future of the confectionery flexible packaging market looks promising with opportunities in the chocolate, candy & toffee, gum, snack bar, and biscuit markets.
Q5. Who are the key confectionery flexible packaging market companies?
Answer: Some of the key confectionery flexible packaging companies are as follows:
- WestRock
- DS Smith
- Sonoco Products
- Amcor
- Huhtamaki
- Constantia Flexibles
- Ahlstrom-Munksjo
- Bomarko
- Printpack
- Stanpac
Answer: The publisher 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.
Q7. In confectionery flexible packaging market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, the publisher provides 10% customization without any additional cost.
This report answers the following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the confectionery flexible packaging market 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)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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Table of Contents
1. Executive Summary
2. Global Confectionery Flexible Packaging Market : Market Dynamics
3. Market Trends and Forecast Analysis from 2018 to 2030
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned
- WestRock
- DS Smith
- Sonoco Products
- Amcor
- Huhtamaki
- Constantia Flexibles
- Ahlstrom-Munksjo
- Bomarko
- Printpack
- Stanpac
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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