Perishable Food Packaging Market| COVID-19 Impact

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Segmental Analysis

The Perishable Food Packaging Market is segmented on the basis of material type and packaging type.

By material type, the Perishable Food Packaging Market is segmented into glass, metal, and plastic. Plastic, being an integral material in the packaged food supply chain, finds huge demand. Plastic ambient food packaging is an effective method for packing perishable food and bulky products as it provides enhanced food safety.

Based on packaging type, the market is segmented into flexible packaging and rigid packaging. Among these, the flexible packaging holds the largest share as it is easy to handle and offers improved safety during product transportation.

Regional Frontiers

Geographically, the Perishable Food Packaging Market spans across Europe, North America, Asia Pacific, and the Rest of the World (RoW).

The Asia Pacific is expanding at the fastest rate due to the mounting demand for meat, packaging of vegetables and fruits, dairy products, and others in emerging countries like China and India. The surging demand for packaged food items is driving the growth of the regional market. Moreover, the increasing population and rising disposable income are promoting the growth of the market in the foreseeable future. Considering the global scenario, North America was the dominant regional market in 2016 with a share of 35%.

Industry Updates

On February 2019, KM Packaging launched two KPeel Ambtort lidding films, which are capable of meeting the complex requirements of the pet food market. The films have been specifically designed to withstand extreme temperatures of up to 123 degrees Celsius, generally used to retort sterilization. This further helps to extend the shelf life of the ambient food products.

Competitive Dashboard

The top players dominating the global Perishable Food Packaging Market are RPC Group (U.K), FFP Packaging Solutions Ltd. (U.K), SIG Combiblog Obeikan (Switzerland), Amcor Limited (Australia), Rexam (U.K), Tetra Pak (India), Mondi (South Africa), Bemis (U.S.), Dupont (U.S.), Ampac (U.S), KM Packaging (UK), and Excelsior Technologies (India).