The market for moisture-resistant packaging is recognized as a category of protective packaging that includes various items such as trays, films, boxes, bags & pouches, and other products that shield goods from moisture and maintain them in their original state when being transported or stored.
The global moisture-resistant packaging market is anticipated to create a positive growth outlook by exhibiting a CAGR of 4.5% over the 2022–2032 projected period. By 2022, the global market is expected to be valued US$ 26.8 billion, and by 2032, it will have surpassed US$ 41.6 billion. Future Market Insights (FMI) conducted a historical research that indicates the global market for moisture-resistant packaging increased at a compound annual growth rate (CAGR) of 4.1% from 2017 to 2021, reaching US$ 25.7 billion by the end of that year.
The growing use of safe and protective packaging across a range of sectors during the projection period is credited with the current market’s expansion. An increasing variety of industries, including food and beverage, healthcare, electronics, and chemicals, are requiring moisture-resistant packaging.
The market for moisture-resistant packaging solutions is experiencing a considerable upswing due to the extensive acceptance of these solutions across a variety of industries, including the food and beverage, pharmaceutical, cosmetic, personal care, and chemical sectors. This growing use emphasizes how vital it is to have packaging solutions that protect items from moisture’s harmful effects and maintain the integrity and quality of a variety of products.
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Key Takeaways
- The rising environmental impact of plant-based materials may hamper the growth of the moisture-resistant packaging market. This has resulted in a complete shift of preference toward biodegradable (plant-based) moisture-resistant packaging solutions from both manufacturers and consumers’ end. This is expected to boost the global market during the forecast period.
- Rising inclination towards paper-based packaging, recyclable packaging, and compostable packaging is increasing as per the shift in consumer preferences. Moisture-resistant packaging solutions comprise bags & pouches, and films, among others that are not fully recyclable. Plastic-based packaging solutions have comparatively lower recycling efficiency and are also difficult to process again. The recycling of multi-layer packaging is more difficult than mono-layer packaging solutions and paper-based products.
- Rising preference for safe, protective, and antibacterial packaging is on the rise focusing on reducing the risk of food poisoning. Also, rising consciousness about health is propelling the consumption of packaged food products over open food ones. Considering these factors, the moisture-resistant packaging market is expected to grow at a fast pace during the projection period.
- Moreover, a significant rise in the penetration of online food platforms witnessed by the increasing consumption of processed foods has created the need for safe and protective packaging solutions. Manufacturers and producers are able to create a good impact by using moisture-resistant packaging solutions in the consumer’s eye. Therefore, growing demand for safe and protective packaging is anticipated to create growth opportunities for manufacturers of moisture-resistant packaging.
- Moisture-resistant packaging protects moisture-sensitive products during storage and transportation. The moisture-resistant packaging includes a variety of bags, pouches, box trays, and bottles.
Key Players
- Amcor plc
- Sonoco Products Company
- Mondi Group
- WestRock Company
- Smurfit Kappa Group plc
- DS Smith Plc
- Constantia Flexibles Group GmbH
- Berry Global Group, Inc.
- Glenroy, Inc.
- ProAmpac LLC
- Winpak Limited
- Ardagh Group
- Ball Corporation
- Crown Holding, Inc.
- Nicholas Paper Products Company Inc.
- International Paper Company
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Competitive Landscape
Dominant manufacturers within the global moisture-resistant packaging market are concentrating on expanding their presence, portfolio, capacity, and resources in order to meet the increasing demand for packaging in various regions. They are adopting strategies such as new product launches, mergers, acquisitions, partnerships, and facility expansions to gain a competitive edge in the market.
More Insights into the Moisture-resistant Packaging Market
The United States is expected to account for around 82% of the total share of the moisture-resistant packaging market throughout the assessment period. Growth in the U.S. is attributed to the growing focus on protecting moisture-sensitive products during storage and transportation, and the heavy presence of leading manufacturers.
Moisture-resistant Packaging Industry by Category
By Material:
- Plastic
- Glass
- Metal
- Paper & Paperboard
By Packaging Type:
- Bags and Pouches
- Films
- Bottles & Jars
- Trays & Clamshells
- Others (Boxes, Cartons, etc.)
By End Use:
- Food & Beverage
- Pharmaceutical
- Electrical and Electronics
- Cosmetics & Personal Care
- Chemical & Fertilizer
- Others Consumer Goods
By Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Middle East & Africa
- Oceania
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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