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Key Factor Supporting Skin Packaging Market Development in 2025: Rising Food Industry Demand Fuels Growth In The Skin Packaging Market
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shiftsHow Large Will the Skin Packaging Market Size By 2025?
The market size of skin packaging has seen considerable growth in the past few years. It is projected to rise from $11.78 billion in 2024 to $12.51 billion in 2025, with a compound annual growth rate (CAGR) of 6.1%. The increase during the historic period can be credited to factors such as demand from the retail industry, the need for product visibility and attractive display, cost efficiency in packaging, opportunities for customization and branding, and compliance with the food industry.
How Big Is the Skin Packaging Market Size Expected to Grow by 2029?
In the coming years, the skin packaging market size is projected to experience robust growth, reaching a market value of $15.65 billion in 2029 with a compound annual growth rate (CAGR) of 5.8%. The predicted growth in this period can be attributed to factors such as the expansion of e-commerce packaging solutions, heightened emphasis on recyclability, the global spread of retail chains and the increasing preference among consumers for freshness. Key trends to be observed during the forecast period encompass technological progress in packaging machinery, material technology innovations, the advent of modified atmosphere packaging (map), advancements in printing and graphic design, the implementation of smart packaging technologies, plus customization and brand differential.
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Which Key Market Drivers Powering Skin Packaging Market Expansion and Growth?
The surge in demand within the food industry is predicted to stimulate the expansion of the skin packaging market in the future. The food sector includes all food production, processing, distribution, and consumption operations. Skin packaging is revered in this industry for its capability to offer both protection and attractive presentation for food items. It also boosts the product's visibility and maintains its freshness. For instance, an authoritative report released by Statistics Sweden in September 2022 noted that there was a 2.9% rise in food and beverage sales, hitting $29.85 billion (SEK 334 billion) that year. As a result, the escalating demand in the food industry is facilitating the progression of the skin packaging market.
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Which Fast-Growing Trends Are Poised to Disrupt the Skin Packaging Market?
Key businesses in the skin packaging sector, such as Wentus GmbH, are committed to crafting innovative products like skin films, in an effort to better address customer needs. Skin films, otherwise known as vacuum skin packaging (VSP) films, are a clear plastic material that snugly envelops products affixed to a backing board or tray. Take for example Wentus GmbH, a plastic fabrication firm located in Germany. In March 2023, they introduced WENTOPRO SkinTight 20 UHT and UHT-M skin films. These films have been engineered specifically for packaging purposes, boasting superior shine, durability, slicing, and sealing capabilities. This results in maximized productivity and minimized waste. Strictly adhering to US standards for fresh fish packaging, WENTOPRO SkinTight 20 UHT and UHT-M films also feature an impressive oxygen permeability of >10,000 cm2 (m2d bar).
What Are the Emerging Segments in the Skin Packaging Market?
The skin packaging market covered in this report is segmented -
1) By Type: Carded Skin Packaging, Non-Carded Skin Packaging
2) By Base Material: Plastic Films, Paper And Paperboard, Polyethylene, Base Materials
3) By Application: Food, Consumer Goods, Industrial Goods
Subsegments:
1) By Carded Skin Packaging: Rigid Carded Skin Packaging, Flexible Carded Skin Packaging
2) By Non-Carded Skin Packaging: Blister Packs, Tray And Film-Based Skin Packaging
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Who Are the Global Leaders in the Skin Packaging Market?
Major companies operating in the skin packaging market report are Dow Chemical Company, Westrock Company, Berry Global, Amcor PLC, Tetra Pak International SA, Sealed Air Corporation, MULTIVAC Sepp Haggenmüller SE & Co. KG, Windmöller & Hölscher, Bemis Company, Inc., ProAmpac, Ampac Group, Flexopack SA, Linpac Packaging Limited, Gruppo Fabbri, G.Mondini SPA, Display Pack Inc., Stamar Packaging, Schur Flexibles Group, PAC Machinery, Clondalkin Group, Universal Plastic Bag Co., KM Packaging Services Ltd., Solidus Communications Inc., Plastopil Hazorea Co. Ltd., Shawnee Chemical
Which are the Top Profitable Regional Markets for the Skin Packaging Industry?
North America was the largest region in the skin packaging market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the skin packaging market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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