Home > Packaging > Consumer Goods Packaging > Food Packaging > Food Packaging Market

Food Packaging Market Share

Report ID: GMI12443
Published Date: Nov 2024
Report Format: PDF

Download Free Sample

Food Packaging Market Share

The competition in the food packaging industry is driven by several key factors, including price, product innovation, differentiation, and distribution. Players are increasingly focusing on offering cost-effective solutions while maintaining high-quality standards. Product innovation, particularly in sustainable and eco-friendly packaging, is a major point of differentiation, as consumers and regulatory bodies demand more environmentally responsible options. Companies are also competing through advanced technology, such as smart and protective packaging that ensures food safety and freshness. Strong distribution networks and the ability to meet the growing demand from e-commerce and retail channels further intensify competition in the market.

Food Packaging Market Companies

Major players operating in the food packaging industry are:

Amcor
Anchor Packaging
Ball Corporation
Berry Global Group
Clearwater Paper Corporation
Constantia Flexibles
Coveris Group
Crown Holdings
DS Smith
Eastern Pak Limited
ExxonMobil Chemical
Graphic Packaging International
International Paper Company
Mondi
Packaging Corporation of America
Plastipak
Schur Flexibles Group
Sealed Air
Smurfit Kappa Group
Sonoco Products Company
Stora Enso
Tetra Pak International
WestRock Company

Authors: Suraj Gujar, Sandeep Ugale

Frequently Asked Questions (FAQ) :

The global market size for food packaging was valued at USD 458.6 billion in 2024 and is projected to reach USD 794.4 billion by 2034, driven by a CAGR of 5.6% from 2025 to 2034.

The plastic segment is expected to exceed USD 300 billion by 2034, driven by its versatility, cost-effectiveness, and wide-ranging applications.

North America held over 25% of the global market share in 2024, driven by innovations in packaging technology, increasing consumer demand for convenient food options, and sustainability initiatives.x

Major players in the industry include Amcor, Anchor Packaging, Ball Corporation, Berry Global Group, Clearwater Paper Corporation, Constantia Flexibles, Coveris Group, Crown Holdings, DS Smith, Eastern Pak Limited, ExxonMobil Chemical, Graphic Packaging International, International Paper Company, and Mondi.