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Poultry Packaging Market Size

Report ID: GMI11762
Published Date: Oct 2024
Report Format: PDF

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Poultry Packaging Market Size

The global poultry packaging market was valued at USD 4.3 billion in 2023 and is estimated to grow at a CAGR of over 5.1% from 2024 to 2032, owing to the rising demand for convenient, ready-to-cook poultry products that require durable packaging. Additionally, increasing consumer demand for sustainable packaging solutions is driving market growth. As consumers become more environmentally conscious, they prefer biodegradable and eco-friendly materials. Innovations in packaging technology, such as compostable and recyclable materials, are enhancing the appeal of poultry products and aligning with consumer expectations for sustainability, further fueling market expansion.

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For instance, in September 2024, TekniPlex Consumer Products launched a compostable foam tray specifically designed for poultry, meat, and seafood packaging. Certified by the Biodegradable Products Institute (BPI), this cellulose-based tray offers a sustainable alternative to traditional polystyrene foam while being compatible with existing overwrap equipment. Part of TekniPlex’s GeoPack line, the tray emphasizes environmental responsibility without sacrificing durability, addressing growing sustainability demands in the market.

Poultry Packaging Market Report Attributes
Report Attribute	Details
Base Year:	2023
Poultry Packaging Market Size in 2023:	USD 4.3 Billion
Forecast Period:	2024 - 2032
Forecast Period 2024 - 2032 CAGR:	5.1%
2032 Value Projection:	USD 6.5 Billion
Historical Data for:	2021 - 2023
No. of Pages:	240
Tables, Charts & Figures:	360
Segments covered:	Material, Packaging Type, Technology, End-use
Growth Drivers:	Increasing demand for processed poultry products Rising preference for eco-friendly packaging materials Stringent food safety regulations driving demand Urbanization fueling higher poultry consumption
Pitfalls & Challenges:	High costs of sustainable packaging materials Environmental concerns over plastic packaging use

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Authors: Suraj Gujar, Sandeep Ugale

Frequently Asked Questions (FAQ) :

The global market for poultry packaging was crossed USD 4.3 billion in 2023 and is projected to grow at a CAGR of over 5.1% from 2024 to 2032, driven by the increasing demand for convenient, ready-to-cook poultry products that require durable packaging solutions.

The paper & paperboard segment is expected to reach USD 3 billion by 2032, attributed to the rising emphasis on sustainability among consumers and regulatory bodies, which has led to a shift away from plastic packaging.

The e-commerce segment is the fastest-growing end-use segment in the poultry packaging market, with a CAGR of over 7% between 2024 and 2032. This rapid growth is driven by the convenience that e-commerce offers to consumers.

North America region held around 35% share of the poultry packaging market in 2023, propelled by growing demand for convenience and ready-to-cook poultry products, spurring packaging innovations for freshness and shelf life.

Major players in the poultry packaging industry include Amcor, Anchor Packaging, Berry Global, CKF, Faerch Plast, Klöckner Pentaplast, Mannok Pack, Multivac Group, ProAmpac, Safepack, Sealed Air, Sealpac International, Smart Packaging Solutions, Smurfit Kappa, Stora Enso, Tekni-Plex Consumer Products, ULMA Group, Viskoteepak, WestRock, and Winpak.