Market Size of APAC Baby Food Packaging Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 7.48 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
APAC Baby Food Packaging Market Analysis
Asia Pacific Baby Food Packaging Market is expected to grow at a CAGR of 7.48% over the forecast period (2021 - 2026). The Covid-19 pandemic had a positive effect on the baby food packaging industry, as people tried to store baby food during the lockdown in the Asia Pacific region. Moreover, due to a large number of deaths (especially of new moms), the demand for baby food grew exponentially. The companies have started to meet the demand and rebalance the sustainability goals that normalize e-commerce, incorporate hygiene, redefine sustainability.
- The Asia Pacific is one of the most developed regions across the world; it is witnessing rapid urbanization leading to increased disposable income and adoption of modern lifestyle. These factors have led to an increase in the expenditure on baby food products.
- The high urbanization, growing population, increasing consumer awareness, rising disposable income, and an increasing number of women in the workforce are driving the growth of the market studied. According to the World Bank, the degree of urbanization in India rose to 34.93% in 2020 from 33.6% in 2017.
- Baby Food Packaging can be described as a coordinated system of preparing goods for transport, logistics, warehousing, use, or sale. Packaging contains, protects, preserves, transports, informs and sells.
- Another factor boosting the need for packaging solutions is the innovations by baby food manufacturers to meet the consumer's various needs. This has led the companies to create green, innovative, and recyclable products to replace normal packaging.
- Moreover, owing to some of the factors, like safe, reusable, hygienic, lightweight, and easy to carry, the stand-up pouches and thin wall containers are witnessing high demand. Thus, this is driving the market.
