Food Packaging Market Share

Statistics for the 2023 & 2024 Food Packaging market share, created by Mordor Intelligence™ Industry Reports. Food Packaging share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

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Market Share of Food Packaging Industry

The food packaging market is fragmented. Companies are offering extensive product customization in an attempt to increase their share and augment their revenue. They are striving to replace existing materials with biodegradable ones in order to meet changing government standards. Due to the presence of several players, the market has strong competition. Some of the major players in the market are Amcor Plc., Smurfit Kappa Group plc., Mondi Limited, Sonoco Products, Berry Global Group, Ball Corporation, Tetra Pak, Schur Flexibles Group, Anchor Packaging Inc., Crown Holdings Inc., International Papers, WestRock, and Sealed Air Corp., among others.

In June 2022, with the intention of making the packaging 100% recyclable in the paper stream, Walki introduced new recyclable packaging materials for frozen food products. The new materials are anticipated to fulfill the needs of the frozen food industry. The two new products from Walki, Walki EVO Seal and Walki Opti Seal, are paper-based recyclable packaging made for pillow pouches of frozen food.

In April 2022, at Anuga FoodTec in Cologne, Germany, Mondi introduced fresh packaging options for the food sector. Products made of two trays provide fresh food producers with recyclable options and can lower food waste. High-barrier food protection will be provided by PerFORMing Monoloop and Mono-Formable PP, illustrating the crucial role that packaging plays throughout the supply chain.

Food Packaging Market Leaders

  1. Amcor Plc.

  2. Smurfit Kappa Group plc.

  3. Mondi Limited

  4. Berry Global Group

  5. Sealed Air Corp.

*Disclaimer: Major Players sorted in no particular order

Food Packaging Market Concentration

Food Packaging Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)