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Edible Packaging Market Share

Report ID: GMI7473
Published Date: Nov 2023
Report Format: PDF

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Edible Packaging Market Share

Players in the industry focus on implementing different growth strategies to strengthen their offerings and expand their market reach. These strategies involve new product developments & launches, partnerships & collaborations, mergers & acquisitions, and customer retention. These players also heavily invest in research & development to introduce innovative and technologically advanced solutions in the market. Some of the major players operating in the edible packaging industry are:

Billerudkorsnas
Canfor
CTI Paper USA
Daio Paper Construction
Fujian Qingshan Paper Co., Ltd.
Gascogne Papier
Genus Paper and Boards Limited
Georgia-Pacific
Glatfelter
Glatfelter Corporation
Goodwin Robbins Packaging Company Inc.
International Paper
Klabin SA
Mondi
Nordic Paper
Oji Holdings Corporation

Authors: Suraj Gujar, Sandeep Ugale

Frequently Asked Questions (FAQ) :

The market size for edible packaging was valued at over USD 620 Million in 2022 and is anticipated to grow at a CAGR of over 6% between 2023 and 2032, backed by the rising environmental awareness and the need to reduce plastic waste & non-biodegradable packaging materials.

The nanotechnology segment registered a market share of over 28% in 2022 and will grow as nanotechnology allows for the development of edible packaging materials with enhanced barrier properties, that can effectively block moisture, oxygen, and other environmental factors, extending the shelf life of packaged products.

Asia Pacific market for edible packaging will grow with a CAGR of over 7% during 2023-2032, owing to the growing environmental consciousness among consumers in the region.

Billerudkorsnas, Canfor, CTI Paper USA, Daio Paper Construction, Fujian Qingshan Paper Co., Ltd., Gascogne Papier, Genus Paper and Boards Limited, Georgia-Pacific, and Glatfelter among others.