Punnet Packaging Market is Likely to Increase at a Significantly High CAGR during Forecast Period 2031 | AVI Global Plast Pvt Ltd., Smurfit Kappa Group plc, INFIA srl, Berry Global, and Coveris Holdings SA

Global punnet packaging market is anticipated to grow at a CAGR of 5.4% during the forecast period (2024-2031). The growing demand for high-barrier and tear-resistant packaging solutions among end-users to maximize the shelf life of perishable goods is driving the demand for punnet packaging. Personalized punnets with a retailer's logo, color palette, or unique design can help them stand out from the competition and improve brand recognition. Retail establishments may stand out from the competition and attract customers searching for particular brands or product possibilities with the help of this differentiation strategy. The introduction of cutting-edge, new R-PET (recyclable polyethylene terephthalate) products could accelerate the punnet packaging market's expansion. 

Recent developments in the punnet packaging market:

·        In January 2023, Ilip launched a new rPET punnet for strawberries and other delicate fruits. The B40 punnet has an absorbent paper pad in the base instead of the micro-bubble plastic pad, allowing packagers to reduce the quantity of plastic they use while still protecting the fruit. It is a 100.0% recyclable rPET punnets that feature an absorbent paper pad to cut the amount of plastic used.

·        In March 2022, Graze introduced the grab-and-go size Marmite Crunch snack. The snack is vegan and fulfills non-HFSS (non-high in fat, sugar, and salt) nutritional criteria. The 28g punnet is available to convenience retailers now with a recommended retail price of £1.20 or $1.53.

·        In November 2021, Heat Seal Card Punnets were released as a breakthrough in packaging sustainability. These heat-seal card punnets are the culmination of a key objective for the Westpak brand - to break the grocery industry's long-standing dependence on plastic punnets for commercial heat-sealing processes. 

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Market Coverage

•                 The market number available for - 2023-2031

•                 Base year- 2023

•                 Forecast period- 2024-2031

Segment Covered- 

·        By Material

·        By Capacity

·        By Application

Regions Covered-

·        North America

·        Europe

·        Asia-Pacific

·        Rest of the World

Competitive Landscape- AVI Global Plast Pvt Ltd., Smurfit Kappa Group plc, INFIA srl, Berry Global, and Coveris Holdings SA among others.

Punnet Packaging Market Report Segment

By Material

•                 Paper

•                 Plastic

By Capacity

•                 Up to 150 gm

•                 151-300 gm

•                 301-500 gm

•                 Above 500 gm

By Application

•                 Fruits and Vegetables

•                 Frozen Food

•                 Meat, Poultry, and Seafood

•                 Ready-to-Eat Food

A full Report of Punnet Packaging Market is Available @  https://www.omrglobal.com/industry-reports/punnet-packaging-market

Punnet Packaging Market Report Segment by Region

North America                                                                                                           

·        United States

·        Canada                     

Europe

·        UK

·        Germany

·        Spain

·        France

·        Italy

·        Rest of Europe

Asia-Pacific

·                  India

·                  China

·                  Japan              

·                  South Korea

·                  Rest of APAC

Rest of the World

•       Latin America

•       Middle East and Africa 

Company Profiles

•                 Alta Global Inc.

•                 Berry Global

•                 Coveris Holdings SA

•                 Groupe Guillin SA

•                 Ilip s.r.l.

•                 LC Packaging International BV

•                 Leeways Packaging Services Ltd.

•                 Paccor Netherlands BV

•                 Quinn Packaging Ltd.

•                 Raptis Pax Pty Ltd.

•                 Royal Interpack Group

•                 Sonoco Products

•                 T&B Containers Ltd.

•                 Tacca Industries Pty Ltd.

•                 Van Der Windt Packaging Ltd.

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