In 2022, the global confectionery flexible packaging market for sweets is anticipated to be worth US$5.9 billion. By 2030, the market for flexible packaging for sweets is expected to be worth US$7.9 billion, growing at a 3.2% CAGR.
The confectionery industry is a highly competitive market, with numerous players vying for consumer attention. Flexible packaging has emerged as a popular choice for confectionery manufacturers due to its convenience, durability, and cost-effectiveness. Flexible packaging is a type of packaging made from flexible and elastic materials, such as plastic, paper, or aluminum foil, which can easily conform to the shape of the product.
For More Insights on this Market, Get A Sample Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-14643
The confectionery flexible packaging market has been growing steadily in recent years and is expected to continue to do so in the coming years. The increasing demand for confectionery products, coupled with the growing awareness of the benefits of flexible packaging, is driving the growth of the market. The use of flexible packaging in confectionery products has many advantages, such as protection from external factors like moisture, light, and air, which can lead to spoilage, longer shelf life, and enhanced product safety.
The confectionery flexible packaging market can be segmented based on the type of packaging material, product type, and region. The most commonly used packaging materials for confectionery products include plastic films, aluminum foil, and paper. Product types that are commonly packaged using flexible packaging include chocolates, candies, gums, and jellies.
Are you looking for customized information related to the latest trends, drivers, and challenges? @ https://www.futuremarketinsights.com/customization-available/rep-gb-14643
Geographically, the confectionery flexible packaging market is segmented into North America, Europe, Asia Pacific, and the rest of the world. Asia Pacific is the largest market for confectionery flexible packaging due to the increasing consumption of confectionery products in the region. Europe and North America are also significant markets due to the high consumption of confectionery products in these regions.
In conclusion, the confectionery flexible packaging market is poised for growth due to the increasing demand for confectionery products and the benefits of flexible packaging. The market is highly competitive, with several players vying for market share. However, companies that invest in research and development and offer innovative solutions are likely to succeed in this market.
Get 20% Discount @ https://www.futuremarketinsights.com/request-discount/rep-gb-14643
Competitive Landscape
Confectionery flexible packaging manufacturers are introducing innovative and recyclable materials and formats to improve sales across the globe. They are also investing in mergers, acquisitions and collaborations to gain a competitive edge in the market. For instance:
- In May 2022, the Italian Cama group is expected to demonstrate technologically advanced confectionery packaging machinery at IPACK-IMA 2022, which is expected to bring a technological revolution in packaging.
- In January 2022, Amcor plc undertook customer perception on confectionery packaging and is now developing paper-based packaging products for the same market.
Key Players:
- WestRock Company
- DS Smith plc
- Sonoco Products Company
- Amcor plc
- Huhtamaki Oyj
- Constantia Flexibles Group GmbH
- Ahlstrom-Munksjö Oyj
Confectionery Flexible Packaging Market by Category
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
By Region:
- North America
- Latin America
- Europe
- Asia Pacific
About Us:
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years
Contact Us:
Future Market Insights Inc.
Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers
Dubai
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
Browse all Reports: https://www.futuremarketinsights.com/reports
