The Business Research Company’s Snack Food Packaging Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Snack Food Packaging Global Market Report 2023 evaluates snack food packaging market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Top 5 Major Key Players Are:
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The global market for snack food packaging is poised for remarkable growth, forecasted to surge from its current valuation of $33,284.9 million in 2027. This upward trajectory signifies a robust compound annual growth rate (CAGR) of 5.7%. As we look ahead to the near future, the projection becomes even more enticing. From 2027 to 2032, the snack food packaging sector is anticipated to maintain a brisk CAGR of 7.8%, ultimately culminating in a staggering valuation of $48,510.5 million by 2032. These figures underscore the dynamic and prosperous landscape that awaits this industry, heralding a period of substantial expansion and innovation.
Increasing social media penetration is expected to contribute to the growth of snack food packaging through online channels over the forthcoming years. Social media and digital media marketing are driving the market for different types of snacks. The companies are starting new social media campaigns to advertise their products and encourage consumers to try new recipes. This leads to an increase in demand for snacks and thereby an increase in demand for snack food packaging. Analysis from Kepios, a Singapore based marketing strategy consultancy, shows that there are 4.74 billion social media users around the world in October 2022, equating to 59.3% of the total global population. Increased product awareness through social media is expected to fuel the growth of the snack food packaging market.
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The snack food packaging market segments in the report are:
1) By Packaging Type: Flexible Packaging; Rigid Packaging
2) By Material: Plastic; Paper; Metal; Other Materials
3) By Application: Bakery Snacks; Candy And Confections; Savory Snacks; Nuts, Dried Fruits And Other Applications
The table of contents in TBRC’s snack food packaging market report includes:
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List Of Tables:
Table 1: Global Snack Food Packaging Market, Historic, 2017 – 2022, $ Million
Table 2: Global Snack Food Packaging Market, Forecast, 2022 – 2027, 2032F, $ Million
Table 3: Global Snack Food Packaging Market, Segmentation By Packaging Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
Table 4: Global Snack Food Packaging Market, Segmentation By Packaging Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
Table 5: Global Snack Food Packaging Market, Segmentation By Material, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
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Table 189: Global Snack Food Packaging Market Size Gain ($ Million), 2022 – 2027, By Country
Table 190: Global Snack Food Packaging Market Size Gain ($ Million), Segmentation By Packaging Type, 2022 – 2027
Table 191: Global Snack Food Packaging Market Size Gain ($ Million), Segmentation By Material, 2022 – 2027
Table 192: Global Snack Food Packaging Market Size Gain ($ Million), Segmentation By Application, 2022 – 2027
Table 193: Snack Food Packaging – Market Data Sources
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