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Food Packaging Films Market Share

Report ID: GMI7521
Published Date: Nov 2023
Report Format: PDF

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Food Packaging Films Market Share

Amcor is a key player in the food packaging films sector, offering an extensive portfolio of flexible packaging solutions designed to meet the unique needs of the food and beverage industry. The company specializes in producing high-quality, functional, and innovative films that cater to the demands of preserving food freshness, extending shelf life, and ensuring product safety. Amcor's food packaging films include materials that provide barrier properties against moisture, oxygen, and other external factors, contributing to the protection and preservation of packaged food products. The other major players operating in the food packaging films industry include:

Berry Global
Amcor Plc
Sealed Air Corporation
Mondi Group
Winpak Holdings Inc.
Toppan Printing Co., Ltd.
Dupont Teijin Films

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The global market size for food packaging films was valued at USD over 50 billion in 2022 and is estimated to register a CAGR of over 6% between 2023 and 2032, favored by the consumer demand for convenient, ready-to-eat food products that can be easily stored and transported.

The rigid packaging films segment dominated the market with a share of over 64% in 2022 and is estimated to reach over USD 63 million by 2032 as these films are preferred as a strong, protective barrier against damage and contamination for products such as beverages, cosmetics, and pharmaceuticals.

Asia Pacific food packaging films market held a revenue share of over 33% in 2022 and will continue to grow owing to the rapid economic growth that has led to increased urbanization and changing lifestyles in the region, boosting the demand for packaged and convenience foods.

Berry Global, Amcor Plc, Sealed Air Corporation, Mondi Group, Winpak Holdings Inc, Toppan Printing Co., Ltd., and Dupont Teijin Films among others.