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Confectionery Packaging Market Trends

Report ID: GMI7880
Published Date: Jan 2024
Report Format: PDF

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Confectionery Packaging Market Trends

Key product trends include a surge in demand for eco-friendly and recyclable packaging solutions, aligning with the growing environmental consciousness among consumers. Personalized and premium packaging options are gaining popularity, reflecting a consumer desire for unique and aesthetically pleasing presentations. Additionally, there is a notable shift towards smaller, on-the-go packaging formats to cater to the demand for convenience in today's fast-paced lifestyles. Consumer-specific trends highlight an increasing focus on health-conscious choices, prompting confectionery brands to explore packaging innovations that communicate nutritional information transparently.

As technology continues to play a pivotal role in the packaging industry, the integration of smart packaging technologies is on the rise. This includes features such as QR codes, and interactive packaging that enhance consumer engagement and provide a unique brand experience. The market is witnessing disruptions through advancements like edible packaging and 3D printing techniques for customized confectionery packaging.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Confectionery packaging industry size was worth USD 11.68 billion in 2023 and is set to expand at over 5.1% CAGR from 2024 to 2032 driven by the evolving consumer preferences along with the rising demand for innovative and visually appealing packaging solutions.

Confectionery chocolate packaging market accounted for USD 5.17 billion in revenue in 2023 and is expected to record substantial growth through 2032 attributed to the increasing need for maintaining product freshness and protecting against temperature fluctuations.

North America confectionery packaging industry was worth more than USD 4 billion in 2023 and is estimated to expand at a robust growth rate through 2032 owing to the confluence of a mature confectionery market and a well-established packaging industry in the region.

Some of the leading confectionery packaging companies are Amcor Plc, ANL Packaging, Berry Global, DS Smith, International Paper Company, KM Packaging, Printpack, Sealed Air, Smurfit Kappa, Sonoco, and WestRock, among others.