The market for supplies and goods used to package sweet delicacies like candy, chocolate, and other candies is referred to as the confectionery flexible packaging market. These materials come in the form of flexible packaging solutions including plastic films and laminated materials. In 2022, the global market for flexible packaging for sweets is anticipated to be worth US$5.9 Bn. By 2030, the market for flexible packaging for sweets is expected to be worth US$7.9 billion, growing at a 3.2% CAGR.
Convenience and on-the-go packaging alternatives are in high demand, which is driving the market for flexible packaging for confectionery. Confectionery products are common snacks, and as people lead busier lives and demand for on-the-go consumption rises, flexible packaging is becoming more and more in demand as a handy packaging alternative. In order to preserve the freshness and quality of confectionery products, flexible packaging is also helpful in extending the shelf life of those products.
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In addition to these classic market drivers, a number of other variables are also having an impact, such as the rising need for sustainable packaging solutions, the appeal of organic and natural confectionary items, and the expanding e-commerce industry. Since flexible packaging is more affordable, lighter, and easier to store than conventional rigid packaging, its use is expanding in the confectionery business as well.
By material type, use, and region, the flexible packaging market for confectionery may be divided. The market can be divided into plastic films, laminated materials, and other categories depending on the type of material. The market can be divided into applications for chocolate, candies, and other products. The market can be divided into geographical segments based on North America, Europe, and Asia Pacific.
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North America and Europe are expected to be the major markets for confectionery flexible packaging, due to the presence of a large number of confectionery manufacturers in these regions. However, the Asia Pacific region is expected to be the fastest growing market, due to the increasing demand for confectionery products in countries such as China, India, and Japan.
Overall, the confectionery flexible packaging market is expected to continue to grow in the coming years, driven by the increasing demand for convenient and on-the-go packaging options. As consumer preferences continue to shift towards organic and natural products and sustainability becomes more important, businesses will continue to seek out flexible packaging options that can help to extend the shelf life of their products and reduce their environmental impact.
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Confectionery Flexible Packaging Market by Category
Key Players:
- WestRock Company
- DS Smith plc
- Sonoco Products Company
- Amcor plc
- Huhtamaki Oyj
- Constantia Flexibles Group GmbH
- Ahlstrom-Munksjö Oyj
By Product Type:
- Films & Wraps
- Pouches
- Sachets & Stick Packs
- Tubes
- Laminates
By Material Type:
- Plastics
- PE
- PP
- PET
- PVC
- PA
- EVOH
- Bioplastics
- PLA
- PHA
- Starch Based Plastic
- Cellulose Fibers
- Other Plastics
- Paper
By Application:
- Chocolate
- Candy & Toffees
- Gum
- Jelly
- Snack Bars
- Biscuits
- Rest of Others
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