Global Produce Packaging Market
Paper, Plastics, Rubber, Wood And Textile Manufacturing

5 Key Takeaways From The Produce Packaging Market Report 2024

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

As per The Business Research Company’s Produce Packaging Global Market Report 2024, the produce packaging market is expected to show significant growth in the forecast period.

The produce packaging market has experienced robust growth in recent years, fueled by advancements in agriculture, shifting consumer preferences, and sustainable packaging innovations. With a focus on efficiency and environmental consciousness, the market is poised for significant expansion in the coming years.


Market Growth and Projections

  • The market size expanded from $33.87 billion in 2023 to $35.83 billion in 2024, with a CAGR of 5.8%.
  • Expected growth to reach $45.53 billion in 2028, boasting a CAGR of 6.2%.
  • Factors driving growth include the adoption of blockchain, customized solutions, e-commerce expansion, and innovation in smart packaging.


Major Trends and Influences

  • Smart and freshness-monitoring packaging
  • Regulatory compliance in food safety and sustainability
  • Biodegradable and compostable materials
  • Personalized packaging for consumer preferences
  • Supply chain transparency and traceability


Organic Fresh Produce Preference Fuels Market Growth

  • Rising consumer demand for organic produce drives market expansion.
  • Increased awareness of organic benefits contributes to consumer preference.
  • Survey data highlights a significant shift towards organic consumption.
  • Health-conscious consumers prioritize organic and natural food products.


Blockchain-Enabled Produce Packaging Enhances Transparency

  • Blockchain technology gains popularity in produce packaging.
  • Blockchain enables transparent tracking from origin to consumer.
  • Nestlé’s QR code implementation offers traceability for coffee drinkers.
  • Blockchain adoption enhances transparency and quality assurance.


Graphic Packaging’s Acquisition of AR Packaging Group

  • Graphic Packaging’s acquisition of AR Packaging Group accelerates sustainable packaging solutions.
  • The $1.45 billion deal enhances Graphic Packaging’s position in the market.
  • AR Packaging Group brings expertise in fiber-based consumer packaging solutions.
  • The acquisition reinforces commitment to sustainable packaging alternatives.


Market Segmentation

  1. By Packaging Type: Corrugated Boxes, Bags and Liners, Plastic Containers, Trays, Other Packaging Types
  2. By Application: Food Grains, Vegetables, Fruits
  3. By End User: Growers or Shippers, Re-packers, Retail Stores


Regional Outlook

  • North America led the produce packaging market in 2023.


Conclusion
The produce packaging market reflects a dynamic landscape driven by consumer preferences, technological innovations, and sustainability imperatives. With a growing emphasis on organic produce, supply chain transparency, and eco-friendly solutions, the market is poised for transformative growth.


View More On The Produce Packaging Market Report 2024 –
https://www.thebusinessresearchcompany.com/report/produce-packaging-global-market-report


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The Produce Packaging Global Market Report 2024  provides an in-depth analysis on the produce packaging market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the produce packaging market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.


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