Market revenue in 2024 | USD 160,330.7 million |
Market revenue in 2030 | USD 248,130.3 million |
Growth rate | 7.6% (CAGR from 2024 to 2030) |
Largest segment | Flexible |
Fastest growing segment | Flexible |
Historical data covered | 2018 - 2023 |
Base year for estimation | 2024 |
Forecast period covered | 2025 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Rigid, Semi-rigid, Flexible |
Key market players worldwide | Amcor PLC, Sealed Air Corp, Sonoco Products Co, Berry Global Group Inc, WestRock Co, Mondi PLC, Genpak, Pactiv Evergreen Inc Ordinary Shares, Winpak Ltd, Alpha Packaging, Packaging Corp of America, Emmerson Resources Ltd, ProAmpac |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to food packaging market will help companies and investors design strategic landscapes.
Flexible was the largest segment with a revenue share of 44.51% in 2024. Horizon Databook has segmented the Asia Pacific food packaging market based on rigid, semi-rigid, flexible covering the revenue growth of each sub-segment from 2018 to 2030.
The Asia Pacific food packaging market is expected to witness considerable growth over the forecast period primarily owing to changing lifestyles, shifting consumption patterns of the population, and increasing tendency of consumers to opt for convenient food options.
Furthermore, rapid growth of the e-commerce industry and consumer-centric nature of different online food delivery companies are expected to further boost the growth of the food packaging market in Asia Pacific over the forecast period.
In response to the continuously increasing demand for ready-to-eat foods and on-the-go snacks, many food packaging companies are expanding their geographic presence in different countries of Asia Pacific, including the developing countries of Southeast Asia, such as Malaysia, Indonesia, and Thailand, among others.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific food packaging market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific food packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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