Global Cartoning Food Packaging Market, By Type (Controlled, Active, Intelligent, Aseptic, Biodegradable, Others), Material (Metal, Glass & Wood, Paper & Paperboard, Plastics, Others), Application (Dairy & Dairy Products, Bakery Products, Confectionery Products, Poultry, Seafood, and Meat Products, Convenience Foods, Fruits & Vegetables, Others) – Industry Trends and Forecast to 2029.
Cartoning Food Packaging Market Analysis and Size
The cartoning food packaging market is experiencing significant growth in terms of volume due to the continuous surge of safe and convenient packaging. Due to the increased globalisation, the transit distance for the product is being reduced, and thus safety is only an important parameter for the shipping, logistics, and transportation industry.
Data Bridge Market Research analyses that the cartoning food packaging market was valued at USD 3.52 billion in 2021 and is expected to reach the value of USD 5.83 billion by 2029, at a CAGR of 6.50% during the forecast period of 2022-2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Cartoning Food Packaging Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Controlled, Active, Intelligent, Aseptic, Biodegradable, Others), Material (Metal, Glass & Wood, Paper & Paperboard, Plastics, Others), Application (Dairy & Dairy Products, Bakery Products, Confectionery Products, Poultry, Seafood, and Meat Products, Convenience Foods, Fruits & Vegetables, Others)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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Syntegon Technology GmbH (Germany), Coesia S.P.A (Italy), GEA Group Aktiengesellschaft (Germany), MULTIVAC Group (Germany), IMA Group (U.S.), Krones AG (Germany), Tetra Laval Group (Switzerland), OPTIMA Packaging Group GmbH (Germany), ARPAC LLC (U.S.), Ishida Co. Ltd (Japan), Omori Machinery Co. Ltd. (Japan), and TNA Solutions Pty Ltd. (Australia)
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Opportunities
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Market Definition
A cartooning machine, also known as a cartoner, is a type of packaging machine. Its only function is to form cartons. A carton machine will pick up a single piece of fold carton from a stack and force it to stand straight, or erect. The machine will fill it with a product or a number of products horizontally through an open end, and then close it by tucking the carton's end flap or applying glue or adhesive.
Cartoning Food Packaging Market Dynamics
Drivers
- Expansion of food and beverage industry is creating high demand for cartoning packaging
Increased logistics and e-commerce have resulted in a high demand for cartoning packaging. Cartons are widely used for transporting products to various locations in order to ensure safe transit. Cartons are in high demand in the food and beverage industries, particularly for the storage of non-carbonated beverages. In the global cartoning food packaging market, innovation such as integrated barcode systems and vision systems is a key trend which will further cushion the market growth.
- Growing international trades and need for sustainable packaging
Increased trade and business relations among countries as a result of globalisation policies ensure significant growth for the cartoning food packaging market. Government regulations governing the transportation and packaging of goods also have a positive impact on the cartoning food packaging market. On the other hand, manufacturers in the food industry are increasingly focusing on providing sustainable packaging machinery in order to reduce material consumption and increase shelf life. During the forecast period, this is expected to drive the growth of the cartoning food packaging market.
Opportunity
Cartoning packaging are expected to find new opportunities in the forecast period due to new upcoming entrepreneurship and import-export business ideas. Furthermore, increasing key player penetration in emerging cartoning equipment market countries such as India, Thailand, and others is expected to create growth opportunities for the cartoning food packaging market during the forecast period.
Restraints
Strict environmental regulations and high development costs will act as impediments to the growth of the cartoning food packaging market during the aforementioned period.
This cartoning food packaging market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the cartoning food packaging market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
COVID-19 Impact on Cartoning Food Packaging Market
During the initial COVID-19 outbreak in 2020, government restrictions and consumer concerns about eating outside food boosted the ready-to-eat foods segment. Because of the pandemic, consumer behaviour changed, and packaged foods were preferred over restaurant food due to their safety and hygiene. Furthermore, customers have chosen to purchase their items through channels other than those they used prior to the pandemic. During the pandemic's initial phase, overall e-commerce levels increased, including a two- to three-fold increase in click-and-collect purchases. Following the shift from offline to online and the introduction of new types of online shopping experiences with multiple touch points for consumers, sales of online goods and services increased, benefiting food sales.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
During the COVID-19 pandemic, the tractor business experienced a sharp drop, with the dealership network being the most affected due to supply chain disruptions and manufacturing units that were not fully operational. Due to travel restrictions, production was delayed and supply was disrupted, resulting in a sharp decrease in tractor sales during 2019-2020.
Global Cartoning Food Packaging Market Scope
The cartoning food packaging market is segmented on the basis of type, material and application. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Controlled
- Active
- Intelligent
- Aseptic
- Biodegradable
- Others
Material
- Metal
- Glass & Wood
- Paper & Paperboard
- Plastics
- Others
Application
- Bakery products
- Confectionery products
- Dairy & Dairy Products
- Poultry
- Seafood
- Meat Products
- Convenience Foods
- Fruits & Vegetables
- Others
Cartoning Food Packaging Market Regional Analysis/Insights
The cartoning food packaging market is analysed and market size insights and trends are provided by country, type, material and application as referenced above.
The countries covered in the cartoning food packaging market report are U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the cartoning food packaging market because of its growing middle-class population, rising household incomes, rising urbanisation, and rapid economic growth,
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Cartoning Food Packaging Market Share Analysis
The cartoning food packaging market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to cartoning food packaging market.
Some of the major players operating in the cartoning food packaging market are:
- Syntegon Technology GmbH (Germany)
- Coesia S.P.A (Italy)
- GEA Group Aktiengesellschaft (Germany)
- MULTIVAC (Germany)
- IMA Group (U.S.)
- Krones AG (Germany)
- Tetra Laval Group (Switzerland)
- OPTIMA Packaging Group GmbH (Germany)
- ARPAC LLC (U.S.)
- Ishida Co. Ltd (Japan)
- Omori Machinery Co. Ltd. (Japan)
- TNA Solutions Pty Ltd. (Australia)
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