Spoon in lid packaging Market - Forecast on Market Dynamics, Emerging Trends, Growth Factors

Food service packaging market is a consumer-driven market wherein consumers look for features such as ease of use and hygiene. Spoon in lid packaging is gaining preference among manufacturers, especially for food items. Spoon-in-lid packaging is a food service packaging product with an inserted spoon inside the product. Spoon-in-lid packaging offers convenience to consumers as the spoon is inserted inside packaging and it enables consumers to consume the product in a hygienic manner. These features have influenced manufacturers to opt for spoon in lid packaging over other formats of packaging.

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Spoon in lid packaging offers safe and efficient transportation of the product as the spoon is not intact outside the product transported. Use of spoon in lid packaging improves the aesthetic appearance of the product. Spoon in lid packaging is widely used for ice-cream packaging as consuming ice-cream using fingers can be unhygienic. Apart from ice-cream, spoon in lid packaging is used in various other products such as yogurt, baby food, salads, desserts, hot snacks, cake products etc.

Spoon in lid packaging: Market dynamics

With increasing consumption of packaged food, global food packaging industry is growing rapidly at a CAGR of over 7% and is estimated to expand by 2X over the forecast period. Manufacturers are focusing on product innovation and technological advancement for gaining a competitive advantage over their peers. Based on consumer preferences, manufacturers are opting for spoon in lid packaging solution over other methods of packaging such as spoon intact outside the product. Spoon in the lid provides convenience to the consumers as frequent consumption of the product from the packaging can be done. Spoon in lid packaging improves the appearance of the product and attracts consumers when kept on the retail shelf.

The key feature of the spoon in lid packaging is that spoon is lightweight, sturdy, and stays securely in place. These properties of a spoon in lid are supporting the demand in spoon in lid packaging market as consumers are preferring for ease of use and convenience in packaging. The major factor leading to the burgeoning demand of spoon in lid packaging market is that the spoon remains intact while filling, stacking and transporting the product. Spoon in lid packaging enables the consumers to consume frozen food is another factor for boosting the growth of spoon in lid packaging market. In addition to the convenience, use of spoon in lid packaging increases user-friendliness as the product can be used on the spot more hygienically.

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However, wide use of the plastic material in the spoon in lid packaging may hamper the growth of spoon in lid packaging market as the contact of plastic material may affect the product inside.

Convenience for frequent consumption of the product from packaging

Spoon in lid packaging: Market segmentation

The spoon in lid packaging market is segmented on the basis of material type and end use.

On the basis of material type, spoon in lid packaging market is segmented as-

Plastic
Polypropylene (PP)
Polyethylene (PE)
Polyethylene Terephthalate (PET)
Others
Paper

On the basis of end use spoon in lid packaging market is segmented as

Food Products
Bakery products
Dairy products
Others

Spoon in lid packaging: Regional outlook

Spoon in lid packaging market has been segmented on the basis of the region into North America, Europe, Asia Pacific, Middle East & Africa (MEA), and Latin America. North America is expected to account for maximum growth in spoon in lid packaging market due to increase in food and beverage sector. Latin America will grow at an above average CAGR due to the consumer preferences of spoon in lid packaging in ice-creams. APAC region is expected to increase at an average CAGR during the forecast period.

Spoon in lid packaging: Key players

Some of the key players in the field of spoon in lid packaging market are Parkers Packaging, Majors Group Australasia Pty Ltd., Constantia Flexibles Group GmbH, Fourmark Manufacturing Inc., INNOCENT PACKAGING LIMITED, RPC Group plc etc.

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