Unlocking Opportunities in the Produce Packaging Market: 2025-2034 Forecast Report

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What Will the Produce Packaging Industry Market Size Be by 2025?
Over the past few years, the market size of produce packaging has been experiencing stable growth, and it is predicted to expand from $35.6 billion in 2024 to $37.28 billion in 2025, with a compound annual growth rate (CAGR) of 4.7%. The growth observed in the historical period can be traced back to factors such as the expansion of agriculture and fresh produce sectors, the surge in need for efficient and eco-friendly packaging solutions, the broadening of global supply chains, the emergence of protective packaging that prolongs shelf life, and the imposition of stringent regulatory standards pertaining to food safety and labelling.

What's the Long-Term Growth Forecast for the Produce Packaging Market Size Through 2029?
The projected expansion of the produce packaging market indicates a robust increase in the coming years, with expected growth to reach $48.36 billion by 2029, reflecting a compound annual growth rate (CAGR) of 6.7%. Factors attributing to the surge during the forecasted period encompass the integration of blockchain and traceability mechanisms, the development of tailored packaging methods for unique fruits and vegetables, the rise of online shopping and direct consumer interactions, innovative strides in smart, IoT-capable packaging, growing utilization in organic and speciality produce, and the broadening of urban farming and vertical agriculture sectors. Upcoming trends in the forecast period consist of intelligent and freshness-tracking produce packaging, regulatory compliance towards food safety and sustainability, the use of biodegradable and compostable packaging resources, customized packaging to meet individual consumer needs, and improved transparency and traceability within the supply chain.

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What Are the Key Growth Drivers Fueling the Produce Packaging Market Expansion?
The surge in consumer inclination for organic fresh produce is anticipated to boost the expand of the produce packaging market. Organic food, developed without human-made synthetic chemicals like pesticides and fertilizers, and devoid of genetically modified organisms (GMO), has caught the consumer's eye. Heightened consumption of organic fresh produce has stemmed from the growing knowledge about the perks of organic and natural food items. For example, in August 2023, the United States Department of Agriculture, a US federal agency, revealed in a report that California anticipates a tomato production of 12.9 million tons for 2023, with an average yield of 50.8 tons per acre. This indicates a 23% escalation from the previous year's figure of 10.5 million tons and a 2% rise from the May estimate. The forecasted harvested area is pegged at 254,000 acres, a 13% increase from 2022. Consequently, the burgeoning consumer inclination for organic fresh produce is stimulating the growth of the produce packaging market.

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What Are the Key Trends Driving Produce Packaging Market Growth?
The rising trend of employing blockchain technology in produce packaging is becoming increasingly prevalent in the marketplace. Blockchain is a robust method of data storage that greatly reduces or even eliminates the risk of system tampering, hacking, and fraud. It offers a unique way for businesses and customers to trace their products right back to where they originated. The information can be conveniently accessed using a QR code attached to the package. This innovative approach has increased the transparency and assurance of product quality for customers, resulting in numerous businesses adopting it. For example, in September 2023, Jus de Fruits Caraïbes, a fruit juice company based in France, launched an innovative connected packaging campaign for its Banga brand. Benefiting a local children's charity with each play, the campaign engages customers with a fruit-slicing game accessible through QR codes on the packaging. The campaign also educates consumers about recycling, the brand's efforts towards sustainability, and the use of tethered caps.

How Is the Produce Packaging Market Segmented?
The produce packaging market covered in this report is segmented -

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

Subsegments:
1) By Corrugated Boxes: Regular Slotted Containers (RSC), Die-Cut Boxes, Printed Corrugated Boxes
2) By Bags and Liners: Polyethylene (PE) Bags, Woven Bags, Biodegradable Bags, Liners for Bulk Containers
3) By Plastic Containers: Clamshell Containers, Stackable Containers, Tupperware-style Containers
4) By Trays: Plastic Trays, Cardboard Trays, Biodegradable Trays
5) By Other Packaging Types: Stretch Film, Vacuum Packaging, Modified Atmosphere Packaging (MAP)

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Which Companies Are Leading the Charge in Produce Packaging Market Innovation?
Major companies operating in the 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

Which Regions Are Leading the Global Produce Packaging Market in Revenue?
North America was the largest region in the produce packaging market in 2024. The regions covered in the produce packaging market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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