Market Size of Baby Food Packaging Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 6.95 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Baby Food Packaging Market Analysis
The baby food packaging market has registered a CAGR of 6.95% during the forecast period, 2021-2026. With growing urbanization, the rising demand for eco-friendly packaging of the products and safety concerns among the users have become major factors, which are expected to make the baby food packaging market grow lucratively during the forecast period.
- The developing countries across the world are 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.
- Another factor boosting the need for packaging solutions is the innovations by baby food manufacturers to meet the consumers' various needs. This has led the companies to create green, innovative, and recyclable products to replace normal packaging.
- Owing to the lifestyles and growth in the number of working parents, the demand for larger pack sizes and more convenient packaging is expected to grow significantly in the baby food packaging market over the forecast period. The demand is likely to be high in the prepared baby food category, where thin wall plastic containers, flexible plastic packs, and aluminum/plastic pouches in sizes above 100 g are expected to replace glass jars due to the benefit they offer regarding portability, ease of use, and disposability.
- Although the impact of COVID-19 was less on the packaging industry overall, the factors such as supply chain disruption and partial closure of production facilities temporarily disrupted the production and distribution capacity of baby food products. The packaging industry is expected to recover rather quickly considering the growing demand, widespread vaccination in various parts of the world, and removal of travel restrictions.
- Moreover, in the last decade, baby food products packaged in jars or glass accounted for the majority of sales. However, the growing consumer preference for eco-friendly pouches and features such as safety, reusability, hygiene, lightweight, and easy to carry has increased the adoption of flexible packaging in the last ten years. Similar trends are expected to drive the growth of the market studied during the forecast period.