Market revenue in 2024 | USD 90,550.0 million |
Market revenue in 2030 | USD 148,003.8 million |
Growth rate | 8.5% (CAGR from 2024 to 2030) |
Largest segment | Flexible |
Fastest growing segment | Flexible |
Historical data | 2018 - 2023 |
Base year | 2024 |
Forecast period | 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 43.05% in 2024. Horizon Databook has segmented the China food packaging market based on rigid, semi-rigid, flexible covering the revenue growth of each sub-segment from 2018 to 2030.
The Chinese food packaging market is expected to undergo significant transformation over the forecast period owing to tighter norms being imposed by the Chinese government in the food packaging sector.
In November 2021, the Chinese government’s State Administration for Market Regulation introduced a legislation that mandated cutting down on empty space and unnecessary material usage in food packaging for 31 food and beverage categories, including oils, dairy, meats, beverages, confectionery, and grains, among others.
This regulation would help ensure the use of lesser quantity of material for food packaging applications, in turn, helping save cost and increase sustainability in the end product. Besides, a few food packaging startup companies in China also offer design solutions to food packaging companies through their online platforms.
Horizon Databook provides a detailed overview of country-level data and insights on the China food packaging market , including forecasts for subscribers. This country databook contains high-level insights into China food packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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