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Tuesday, September 3, 2024

Lucintel Forecasts the Global Food & Beverage Plastic Packaging Market to Reach $22 Billion by 2030

According to a market report by Lucintel, the future of the global food & beverage plastic packaging market looks promising with opportunities in the fruit & vegetable, bakery & confectionary, dairy product, carbonated soft drink, ready to drink ice tea, and alcoholic drink markets. The global food & beverage plastic packaging market is expected to reach an estimated $22 billion by 2030 from $17 billion in 2023 at a CAGR of 3.7% from 2023 to 2030. The major drivers for this market are increasing demand for on-the-go food and beverage consumption, growing focus on sustainable packaging solutions, and rising globalization and international trade of food and beverages.

A more than 150-page report to understand trends, opportunity and forecast in food & beverage plastic packaging market to 2030 by product type (rigid plastic packaging, semi-rigid plastic packaging, and flexible plastic packaging), application (fruits & vegetables, bakery & confectionaries, dairy products, carbonated soft drinks, ready to drink ice tea, alcoholic drinks, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Lucintel forecasts that rigid plastic packaging is expected to witness the highest growth over the forecast period.

Within this market, bakery & confectionary is expected to witness the highest growth.

Download sample by clicking on food & beverage plastic packaging market.

Amcor, Sealed Air, RPC Group, Sonoco Products Company are the major suppliers in the food & beverage plastic packaging market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. +1-972-636-5056

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