Skin Packaging Market Size, Share & Trends Analysis Report By Material (Plastics), By Application (Food, Industrial Goods, Medical Devices, Durable Consumer Goods), By Region And Segment Forecasts, 2024 - 2030

Report Overview

The global skin packaging market size was valued at USD 11.50 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2030. This growth is attributed to the increasing consumer demand for convenient and cost-effective packaging solutions, coupled with rising disposable incomes and urbanization, which significantly boosts market growth. In addition, the need for packaging that enhances product visibility and extends shelf life is crucial. Furthermore, the expansion of e-commerce and advancements in packaging technology further contribute to the growth of the market.

Skin packaging provides better transparency of the internal items and goods of skin packages. The clear film allows customers to view the product closely, highlighting its characteristics and details regarding quality standards. Also, visual attractiveness helps make a powerful initial impact on the shelf, draw in potential customers, and differentiate itself in a saturated market. The advantage of skin packaging is that it forms a strong seal that protects the item from moisture, dust, and contaminants. This supports extending the product's shelf life by maintaining its freshness and quality and is especially advantageous for perishable products such as meat, seafood, and other items. However, using the deep vacuum method helps prolong the product's shelf life while it's in the store, which helps fuel the growth of the skin packaging market augmented with vital benefits.

In addition, skin packaging generally requires a smaller amount of material than conventional packaging methods, decreasing total packaging waste. Using less packaging materials meets the increasing customer preference for environmentally friendly and sustainable practices. Skin packaging is also cost-effective for manufacturers as it requires less material and optimizes with various products. Also, the decreased use of unnecessary packaging materials can decrease production expenses, appealing to businesses seeking to streamline their packaging operations.

Furthermore, the transparent & clear barrier skin film secures the product onto the solid board carrier, enabling an ideal vertical display. The solid board enables printing on two sides with top-notch quality that is informative and attractive to customers. Skin packaging enables manufacturers to highlight their branding elements effectively by allowing easy customization. Finally, the demand for environmentally friendly alternative packaging materials is increasing as people become more aware of sustainability and eco-friendly packaging options.

Companies are also focusing on developing skin packaging technologies that utilize materials that can be recycled and reduce plastic waste due to increasing consumer demand for eco-friendly packaging and environmental worries. The important reasons behind the demand include stringent regulations, reduced carbon footprint, and support for sustainability. Advancements in materials and technologies enable the creation of innovative, environmentally friendly skin packaging solutions that provide visibility, protection, and appeal to environmentally conscious consumers, which is expected to boost market growth for skin packaging.

Material Insights

Plastics dominated the market and accounted for the largest revenue share of 60.8% in 2023. Using a transparent polyethylene plastic film that is tightly wrapped around the product and vacuum sealed to a paperboard backer card offers protection and visibility for the product. Plastic packaging is commonly used for meat, meat products, fruits, and vegetables, allowing for easy product visibility. It safeguards the food and is also adopted in pharmaceutical packaging to protect from humidity and gases, prolonging the storage time and frequently filling red and white meats. Moreover, diets are being transformed by quick urbanization and increasing disposable income of consumers. Ready-made meals are favored as they help save both time and energy.

Paper & paperboard are projected to grow significantly at a CAGR of 5.7% over the forecast period. Paper and paperboard are flexible materials that are easily labeled and personalized with product details. Due to this adaptability, companies can design unique and attractive packaging. Paper and paperboard are commonly used for food packaging for their safety, flexibility, and recyclability. The food industry's expansion could positively impact the paper and paperboard packaging market. It is frequently utilized for wrapping organic produce, bakery items, and small consumer products. Furthermore, with the expansion of e-commerce, there is a prospect of using paper and paperboard skin packaging in online shopping due to its eco-friendly nature and ability to provide protection, influencing market growth.

Application Insights

Industrial goods application use led the market and accounted for the largest revenue share of 36.6% in 2023. Due to transparency, skin packaging is extensively utilized for various industrial products. The method includes a pliable transparent plastic sheet and a treated paper board. Heat softens the plastic, which is then vacuum-drawn around the product and sealed to the paperboard. It is widely used in packaging for automotive components, machine parts, and hardware supplies. The main concern in the industrial sector is ensuring protection while the products are being transported and stored with intense care. The airtight packaging creates a strong protective shield to prevent industrial goods from getting damaged or corrupted by moisture, dust, and other harmful elements. Furthermore, the transparency of skin packaging is also beneficial in this sector as it makes it easier to identify several components and parts.

Medical device applications are expected to grow at a CAGR of 4.9% over the forecast period. The rise of skin packaging within the medical devices industry is mainly due to the demand for sterile and tamper-proof options. Skin packaging is utilized for various healthcare products, such as medical devices, surgical instruments, and pharmaceuticals. It is essential for the integrity of healthcare products and the safety of patients that this packaging provides a tamper-evident seal. With the surge in chronic diseases, there is a greater need for medical devices, making it crucial to have packaging that safeguards product integrity and prevents contamination. Innovations in packaging technology, such as vacuum skin packaging, have increased the efficiency and affordability of these solutions, leading to higher adoption rates. Moreover, the rise in minimally invasive procedures requiring specialized, disposable medical devices has heightened the need for dependable packaging.

Regional Insights & Trends

Asia Pacific skin packaging dominated the global market and accounted for the largest revenue share of 41.1% in 2023. This growth is expected to be driven by manufacturers' increased emphasis on packaging innovations and technological advancements. Countries such as India and China are experiencing a growing need for innovative packaging solutions due to the increasing popularity of beauty and personal care products. With the rise in consumer spending power and the accelerating pace of urbanization, there is a growing need for packaged goods in various industries, such as food and beverages, technology, and healthcare products.

China Skin Packaging Market Trends

Skin packaging marketin China dominated the Asia Pacific market with a revenue share of 35.1% in 2023. China has many manufacturers of plastic skin packaging, which plays a crucial role in safeguarding goods during shipping by minimizing deterioration, contamination, and spoilage. Their popularity is rising as they can be tailored to the needs of various sectors, such as manufacturing, electronics, automotive, food and beverage, pharmaceuticals, and retail.

India skin packaging market is expected to witness significant growth over the forecast period owing to rapid advancements, rising demand for packaged food and beverages, and anticipated projected growth of fresh meat skin packaging, medical devices, etc. Innovations and emerging trends in skin packaging technologies, coupled with growing demand from various industries for high-quality packaging, will continue to boost market expansion.

Latin AmericaSkin Packaging Market Trends

The skin packaging market in Latin Americais expected to grow at a CAGR of 4.6% over the forecast period. This growth is attributed to the increasing demand for convenient and visually appealing packaging solutions in food and consumer goods, which is a primary catalyst. Expanding e-commerce and retail sectors enhances the need for effective product protection and extended shelf life. Furthermore, rising consumer awareness regarding sustainability pushes manufacturers to adopt eco-friendly materials. Technological advancements in packaging techniques also contribute to market growth, enabling innovative designs and functionalities that cater to evolving consumer preferences.

North America Skin Packaging Market Trends

The North America skin packaging market is projected to experience substantial growth over the forecast period. This growth is driven by increased household income, which causes consumers to buy better-quality products, including meat, seafood, and poultry. The meat market in the region is expected to see advantages as consumers increasingly seek high-protein diets, which is expected to boost the demand for skin packaging in the coming years.

The skin packaging market in the U.S. held a significant revenue share in 2023 and is expected to grow significantly over the forecast period.  The increasing consumer preference for convenient and visually appealing packaging solutions is an important driver, as skin packaging offers enhanced product visibility and extended shelf life. The advancements in packaging technology have led to the development of more efficient and sustainable materials, aligning with the rising awareness and demand for eco-friendly packaging practices. The growth of the retail sector and the expansion of e-commerce platforms have further fueled the demand for skin packaging, as it provides superior protection against moisture, dust, and tampering.

Europe Skin Packaging Market Trends

Europe skin packaging market is expected to experience significant growth in the coming years. Factors such as the growing elderly population, active lifestyles, and increased demand from sectors such as consumer goods, industrial packaging, automotive, pharmaceuticals, and medical devices are expected to boost the need for precise and compliant labeling.

The growth of the skin packaging market In the UK, is driven by the growing demand for convenient and visually appealing packaging solutions across various industries, such as food, consumer goods, and electronics. In addition, expanding e-commerce and the need for effective product protection and extended shelf life further contribute to market growth. Furthermore, advancements in packaging technology enable innovative designs and functionalities that cater to evolving consumer preferences. However, environmental concerns regarding plastic waste are prompting manufacturers to explore sustainable packaging options, which may impact the market dynamics in the UK.

Key Companies & Market Share Insights

Some of the key companies in the skin packaging market include PROAMPAC., PLASTOPIL, Sealed Air, Amcor plc, MULTIVAC, Klöckner Pentaplast, FLEXOPACK S.A., WINPAK LTD.; in the market & are focusing on continuous development and innovation.

• Sealed Air is a global manufacturer of packaging materials and equipment specializing in vacuum skin packaging (VSP) solutions. The company's CRYOVAC brand offers a wide range of VSP films, trays, and equipment designed to preserve various food products' freshness, flavor, and integrity, including fresh meat, poultry, seafood, cheese, and prepared meals. The company's innovative offerings, such as Darfresh and Simple Steps, cater to the evolving needs of processors, retailers, e-commerce, and food service operators, helping them achieve their sustainability and operational goals.

• Klöckner Pentaplast offers plastic films and packaging materials for food, healthcare, and durable products. It offers a variety of film products for the production of adhesive tape, static control, decorations, shrink wrap, product packaging, printing supplies, and other uses. The company functions with commercial and industrial customers internationally. It offers plastic packaging materials to the protein, bakery, fruit and produce, and food service markets from its effective distribution channel worldwide.

Recent Developments

• In April 2024, Klöckner Pentaplast launched what it claimed was the first food packaging tray made entirely from 100% recycled PET (rPET) derived entirely from trays. This innovation is part of the company’s Tray2Tray initiative, which aims to create a closed-loop system for PET recycling by recovering and reusing PET from used food trays. This development demonstrates the potential for significant advancements in sustainable packaging, reducing waste, and promoting a better economy.

Skin Packaging Market Report Scope

Global Skin Packaging Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and analyzes the latest industry trends in each sub-segments from 2018 to 2030. Grand View Research has segmented the global skin packaging market report for this study based on material, application, and region:

• Material Outlook (Revenue, USD Billion, 2018 - 2030)

  • Plastics

  • Paper & Paperboard

  • Others

• Application Outlook (Revenue, USD Billion, 2018 - 2030)

  • Food

    • Meat

    • Fish and Seafood

    • Processed Food

    • Cheese

  • Industrial Goods

  • Medical Devices

  • Durable Consumer Goods

• Regional Outlook (Revenue, USD Billion, 2018 - 2030)

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • UK

    • Germany

    • France

    • Italy

    • Spain

  • Asia Pacific

    • China

    • India

    • Japan

  • Latin America

    • Brazil

    • Argentina

  • Middle East and Africa (MEA)

    • South Africa

    • Saudi Arabia

    • UAE