Press release
Expanding Global Produce Packaging Market Predicted to Reach $49.41 billion by 2029 with CAGR of 7.0%
Produce Packaging Market
What Is The Projected Market Size Of The Global Produce Packaging Market And Its Growth Rate?
- The global produce packaging market recorded substantial growth from $35.6 billion in 2024 to $37.66 billion in 2025, with a compound annual growth rate (CAGR) of 5.8%.
- The projected market size is expected to reach $49.41 billion by 2029, growing at a CAGR of 7.0%.
What Is Driving The Growth In The Produce Packaging Market?
The increased consumer preference for organic fresh produce largely drives the growth of the produce packaging market. Organic food, primarily free from synthetic chemicals and does not include genetically modified organisms (GMO), has seen more consumption due to the increased awareness of organic and natural food products' benefits. For instance, according to the United States Department of Agriculture, the contracted tomato production in California is forecast at 12.9 million tons for 2023, marking a 23% increase from the previous year. Hence, this rising consumer preference is a significant growth catalyst for the produce packaging market.
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Who Are The Key Players Driving Produce Packaging Market Growth?
Key players in the global produce packaging market include:
- Amcor plc
- Bemis Company Inc.
- Berry Global Inc.
- International Paper Inc.
- Mondi Group PLC
- Sealed Air Corporation
- Smurfit Kappa Group
- Sonoco Products Company
- WestRock Company
- DS Smith PLC
- Coveris Holdings S.A.
- Reynolds Group Holdings Limited
- Ardagh Group S.A.
- BALL CORPORATION
- BASF SE
- Cascades Inc.
- Tetra Laval Group
- Produce Packaging Inc.
- Evergreen Packaging LLC
- Genpack LLC
- Gerresheimer AG
- Huhtamaki Oyj
- KapStone Paper and Packaging Corporation
- Packaging Corporation of America
- Pactiv Evergreen Inc.
- RockTenn Company
- Silgan Holdings Inc.
- Sabert Corporation
What Are The Key Trends In The Produce Packaging Market?
The following trends are evident in the forecast period:
- Smart and freshness-monitoring produce packaging
- Regulatory compliance in food safety and sustainability
- Biodegradable and compostable packaging materials
- Personalized packaging for specific consumer preferences
- Transparency and traceability in the supply chain
What Are The Segments Of The Global Produce Packaging Market?
1) By Packaging Type: Corrugated Boxes, Bags and Liners, Plastic Containers, Trays, Other Packaging Types
2) By Application: Food Grains, Vegetables, Fruits
3) By End User: Growers or Shippers, Re-packers, Retail Stores
Which Region Leads The Produce Packaging Market?
North America was the largest region in the produce packaging market in 2024. The market is expected to see significant growth in all covered regions, including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Produce Packaging Market Global Market Report?
- Market Size Analysis: Analyze the Produce Packaging Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Produce Packaging Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Produce Packaging Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Produce Packaging Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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