Confectionery Packaging Market To Reach $16.92 Billion By 2030

Confectionery Packaging Market Growth & Trends

The global confectionery packaging market size is expected to reach USD 16.92 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.3% over the forecast period. Rapid expansion of the confectionery industry will remain a key factor for the growth of the market across the world. Furthermore, growing importance of packaging in enhancing the aesthetics of the food item is boosting the demand for the product among the major chocolate, candy, and sweet manufacturers.

As of 2023, plastic dominated the industry in terms of raw material. High flexibility, durability, and light weight make it more preferable among the food manufacturers. However, rising awareness about non-degradability of plastic and its harmful impact on the environment is expected to raise the demand for environment-friendly materials such as paper and board. Manufacturers of the food industry are focusing on introducing plastic free sustainable packaging. For instance, in January 2019, Nestlé announced to start paper-based packaging for its colorful sugar-coated chocolate, Smarties in 2020.

Asia Pacific is anticipated to witness relatively higher growth as compared to the other regions. Increasing demand for chocolate is boosting the growth of the industry in this region. In March 2019, Barry Callebaut, a global manufacturer of high-quality chocolate and cocoa products, expanded its business in China. The company opened a new CHOCOLATE ACADEMY center and a new office in Beijing.

Key competitors of this industry include Amcor Limited; The Smurfit Kappa Group plc; Crown Holdings Incorporated; Sealed Air Corporation; Bemis Company, Inc.; WestRock; Sonoco Products Company; The International Paper Company; Huhtamäki Oyj; and Berry Global, Inc.

Manufacturers of this industry have been focusing on product innovation as food producers are demanding innovative packaging to attract consumers. In July 2018, Nestlé launched KitKat Senses in a pop-open box design. The trays and lids of this product are made of carton board. Nestlé collaborated with ÅR Packaging Group AB for this new KitKat series.

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Confectionery Packaging Market Report Highlights 

• North America confectionery packaging market dominated the global confectionery packaging market with a share of 29.9% in 2023.

• Sugar confectionary is expected to register a CAGR of 4.3% during the forecast period. due to changing lifestyles and eating habits of the consumers.

• The plastic segment accounted for the largest market revenue share of 51.8% in 2023 due to its versatility, cost-effectiveness, and barrier properties.

• Chocolate confectionary dominated the confectionery packaging market with a revenue share of 46.3% in 2023. The increasing demand for premium and artisanal chocolate products is a primary driver of growth in the chocolate confectionery segment.

Confectionery Packaging Market Segmentation

Grand View Research has segmented the global confectionery packaging market report based on type, material, application, and region:

Confectionery Packaging Type Outlook (Revenue, USD Million, 2018 - 2030)

• Flexible

  • Wrappers

  • Stick Packs & Sachets

  • Liners

  • Pouches

• Rigid

  • Folding Cartons

  • Corrugated Boxes

  • Trays

  • Containers

Confectionery Packaging Material Outlook (Revenue, USD Million, 2018 - 2030)

• Plastic

• Paper & Paperboard

• Metal

• Glass

• Aluminum Foil

Confectionery Packaging Application Outlook (Revenue, USD Million, 2018 - 2030)

• Chocolate Confectionary

  • Contlines

  • Slabs/Bars/Blocks

  • Boxed Assortments

  • Tablets

  • Others

• Sugar Confectionary

  • Gums, Jellies & Pastilles

  • Medicated Confectionary

  • Mints

  • Boiled Sweets

  • Toffees, Caramel, & Nougats

  • Lollipops

  • Others

• Gums

  • Chewing Gums

  • Bubble Gums

• Others

Confectionery Packaging Region Outlook (Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • UK

  • Germany

  • France

  • Italy

  • Spain

• Asia Pacific

  • China

  • India

  • Japan

  • Australia

  • South Korea

  • Thailand

  • Indonesia

  • Malaysia

• Latin America

  • Brazil

  • Argentina

• Middle East & Africa

  • South Africa

  • Saudi Arabia

  • UAE

List of Key Players in Confectionery Packaging Market

• Amcor plc

• Smurfit Kappa

• Rengo Co., Ltd

• Coveris

• Huhtamaki Oyj

• Constantia Flexibles

• Printpack

• Stanpac Inc

• Toppan Inc.

• novel packaging