Confectionery Packaging Market – Overview
Although there has been a visible shift in preference for healthy food options, confectionery is perhaps one of the few food items that have remained highly popular regardless of how healthy it is. Confectionery packaging is often bright, colorful and attractive. Market Research Future's research on the confectionery packaging market indicates the growth of the market at a considerable CAGR during the assessment period from 2016 to 2021.
The market is forecasted to demonstrate a stunning growth by 2021, surpassing its previous growth records in terms of value with a striking CAGR during the estimated period (2017 – 2021).
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Key Players
The key players of Global Confectionery Packaging Market report include- Crown Holdings, Inc., Graphic Packaging International Inc., Aptar Group Inc., Sonoco Products Company, Bemis Company Inc., Amcor Limited, Silgan Holdings, West Rock Company, Solo Cup and Sweetheart Holdings.
Regional Analysis of Global Confectionery Packaging Market
In North America, U.S. accounts for the second largest share in confectionery packaging market. Factors such as rising the consumer preferences for convenient packaging, increase in disposable income, and rising demand from food & beverage, pharmaceutical sectors are some factors driving the demand of the market in U.S. Europe is expected to be the second largest market in confectionery packaging due to innovation and development of personal care, hygiene and beauty products. Increased demand for consumer-friendly products which are lightweight and easily transportable, growing focus on sustainability, the increased need for extended shelf life, and rising standards of hygiene are the major drivers of confectionery packaging market. COVID-19 Impact
Segmentation
The global confectionery packaging market is segmented in to 3 key dynamics for the convenience of the report and enhanced understanding;
Segmentation by Material : Comprises Metal, Paper, Plastic, and others.
Segmentation by Type : Comprises Rigid packaging and Flexible Packaging.
Segmentation by Confectionery items : Comprises Flour confections, Chocolate confections, Sugar confections, and others
Segmentation by Regions : Comprises Geographical regions - North America, Europe, APAC and Rest of the World.
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