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Moisture-resistant Packaging Market Size

Report ID: GMI11822
Published Date: Oct 2024
Report Format: PDF

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Moisture-resistant Packaging Market Size

The global moisture-resistant packaging market size was valued at USD 27.6 billion in 2023 and is estimated to grow at a CAGR of over 5% from 2024 to 2032, driven by increasing consumer demand for sustainable and durable packaging solutions, particularly in industries such as food and beverages, pharmaceuticals, and personal care.

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As products in these sectors often face exposure to moisture during transportation or storage, manufacturers are prioritizing packaging materials that offer superior protection to maintain product quality. Additionally, rising awareness of environmental concerns has fueled the shift towards recyclable, moisture-resistant packaging options, replacing traditional plastic materials with eco-friendly alternatives.

Moisture-resistant Packaging Market Report Attributes
Report Attribute	Details
Base Year:	2023
Moisture-resistant Packaging Market Size in 2023:	USD 27.6 Billion
Forecast Period:	2024 - 2032
Forecast Period 2024 - 2032 CAGR:	5%
2032 Value Projection:	USD 40 Billion
Historical Data for:	2021 - 2023
No. of Pages:	240
Tables, Charts & Figures:	320
Segments covered:	Packaging Type, Material, End-use Industry
Growth Drivers:	Increasing consumer demand for sustainable packaging solutions Rapid expansion of the e-commerce industry Innovative technologies enhancing packaging performance Rising demand from food and beverage sector
Pitfalls & Challenges:	High production costs for advanced materials Competition from traditional packaging alternatives

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For instance, in November 2023, JBM Packaging introduced Hydroblox, a recyclable, water-resistant paper, in celebration of America Recycles Day. Offering 200% greater moisture resistance than standard packaging, it provides a sustainable, plastic-free solution for food, outdoor gear, and more, balancing performance with eco-friendly requirements and FDA approval for food products.

Authors: Suraj Gujar, Sandeep Ugale

Frequently Asked Questions (FAQ) :

The global market size for moisture-resistant packaging was valued at USD 27.6 billion in 2023 and is estimated to grow at a CAGR of over 5% from 2024 to 2032, driven by increasing consumer demand for sustainable and durable packaging solutions.

The flexible packaging segment is expected to reach a value of over USD 20 billion by 2032 due to its high versatility and cost-effectiveness.

North America held over 35% of the global moisture-resistant packaging market in 2023, driven by the significant expansion of e-commerce in the U.S.

China's industry is experiencing rapid growth due to the booming e-commerce sector and increasing consumer demand for high-quality packaged goods.

Key players in the industry include Amcor, Berry Global Group, Clifton Packaging Group, Constantia Flexibles Group, Cosmo Films, DS Smith, Glenroy, International Paper Company, Mondi Group, and Nicholas Paper Products Company.