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Fruit Punnet Market

Fruit Punnet Market By Material Type (Paper, Plastic, Polypropylene (PP), Polyethylene terephthalate (PET), Polystyrene (PS), Polylactic Acid (PLA), Other Plastic), Capacity (50 gm - 100 gm, 101 gm - 200 gm, 201 gm - 500 gm, Above 500 gm) & Region - Forecast 2022-2032

Market Insights on Fruit Punnet covering sales outlook, demand forecast & up-to-date key trends

Fruit Punnet Market Overview

The fruit punnets market is likely to register a CAGR of 4.9% during the forecast period, and is anticipated to reach a market share of US$ 1.69 Billion in 2032, from US$ 1 Billion in 2022.

A significant increase in knowledge about healthy nutrition and eating habits has also contributed to the global expansion of the fruit punnets market.

Attributes

Details

Fruit Punnet Market (CAGR)

 4.9%

Fruit Punnet Market (2022)

USD 1 billion

Fruit Punnet Market (2030)

USD  1.47  billion

Fruit punnet is used in the packaging and storage of fruits, which is an economical as well as a safe food packaging solution. Fruits are fresh produce that respires and ages at a rapid pace even after being harvested. They have a short shelf life, which is why transporting and storing them till the time they reach the fruit punnet market is quite a task to fulfill the demand for fruit punnet.

For this purpose, fruit punnet is employed, which tackles the task quite well and helps to consummate the sales of fruit punnet. The fruit punnet packaging manages to protect the fruit from external damage and, at the same time, helps in retaining its freshness.

Fruit punnet helps in maintaining relatively low oxygen levels in comparison to the outer environment, which is enough to delay the process of oxidation that surges demand for fruit punnets. The use of fruit punnet ensures that the product arrives in good condition at its destination. Thus, the demand for fruit punnets, along-with sales of fruit punnets, has grown considerably.

Fruit punnet can be easily stacked to minimize the transportation cost and, at the same time, help in maximizing the storage space. Customization is an added benefit of fruit punnet, offered by many of its manufacturers, which gives the end-users a chance to enhance their product packaging look skyrocketing the sales of fruit punnet.

Fruit punnet has vents for proper air circulation, which allows adequate air to flow in and out of the package, which plays a vital role in improving the fruits shelf life satisfying the demand for fruit punnets along with sales of fruit punnet.

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What Contributes to the Growth of the Fruit Punnet Market?

Fruit punnets are made out of various materials, which provide a wide variety of options for the end-users to choose from. The demand for fruit punnet is likely to grow in the coming years due to the consumer's inclination toward healthy eating habits increasing at a rapid pace, owing to the growth of the fruit punnet market

The demand for fruit punnet attracts the consumers as the fresh fruits are directly visible and packaged in a visually enticing manner, which boosts their sales of fruit punnet. This will drive the fruit punnets market. Packaging and packaging materials like fruit punnets have a massive contribution to the costs of the fresh produce industry.

As exotic fruits are being exported and imported around the world, it is crucial to keep them fresh until the time they reach their respective destinations, which escalates the demand for fruit punnet and also boosts the sales of fruit punnet.

This purpose is being fulfilled with the use of strong fruit punnets, which are designed with robust locking mechanisms and unique air-ventilation features. Eventually, this would increase demand for fruit punnets in the fruit punnets market together with soaring sales of fruit punnets

Some manufacturers are providing fruit punnets made out of corrugated cardboard, or solid board is also gaining traction due to their ease of printability and high demand for fruit punnets. These factors would play a significant role in the growth of the fruit punnets market along with demand for fruit punnets in the forecast period.

What is the Competitive Outlook of the Fruit Punnet Market?

The key players in fruit punnet market are AVI Global Plast Pvt Ltd, Smurfit Kappa Group plc, INFIA srl, Van Der Windt Packaging Ltd, LC Packaging International BV, Ilip s.r.l., T&B Containers Ltd.

Ismail Sutaria
Principal Consultant
LinkedIn
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Crucial Developments

  • Infia is the world's first packaging maker to offer packaging solutions that can give high-quality full-color printing directly on fruit punnets. The organisation provides cutting-edge technologies in fruit punnet market for unparalleled logo and brand modification and marketing for its clients.
  • AVI Global Plast Pvt. Ltd. announced the debut of a new range of AVI premier egg packets in August 2019. These packets are made from r-PET films, which ensure that the product is totally recyclable and environmentally friendly. This container is particularly created for the transportation of eggs, and the punnets have a unique snap lock function that makes them easier to handle and provides superior protection for such a delicate food item.
  • AVI Global Plast launched a new version of fruit punnets in April 2019 for more appealing packaging and transportation of figs for the forthcoming season.

    Crucial Developments

  • Infia is the world's first packaging maker to offer packaging solutions that can give high-quality full-color printing directly on fruit punnets. The organisation provides cutting-edge technologies in fruit punnet market for unparalleled logo and brand modification and marketing for its clients.
  • AVI Global Plast Pvt. Ltd. announced the debut of a new range of AVI premier egg packets in August 2019. These packets are made from r-PET films, which ensure that the product is totally recyclable and environmentally friendly. This container is particularly created for the transportation of eggs, and the punnets have a unique snap lock function that makes them easier to handle and provides superior protection for such a delicate food item.
  • AVI Global Plast launched a new version of fruit punnets in April 2019 for more appealing packaging and transportation of figs for the forthcoming season.

Which is the Key Region in the Fruit Punnet Market?

The fruit punnets are an effective packaging solution as they not only protect the fruit while transit but also provides excellent visibility to the product which attracts consumers which may be the reason for escalated demand for fruit punnet. The corrugated cardboard fruit punnets would gain traction in the coming future due to the increased awareness of environmental issues for the fruit punnet market.

The fruit punnet market will witness a growth in moderate growth in the European region followed by North America due to high fruit consumption. The demand for fruit punnet and sales of fruit punnet in fruit punnets market is expected to grow in accordance with the fresh food packaging industry.

On the other hand, the developing countries like China, India, Russia, and others would witness an upright fruit punnet market growth due to the import of exotic fruits like blueberry. The increased inclination towards healthy eating habits would contribute to the growth of fruit punnet market as well as demand for fruit punnet.

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Scope of Report

Report Attribute

Details

Growth rate

CAGR of 1.9% from 2022 to 2030

Base year for estimation

2021

Historical data

2015 - 2020

Forecast period

2022 - 2032

Quantitative units

Revenue in USD billion, volume in kilotons, and CAGR from 2022 to 2032

Report coverage

Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis

Segments covered

Material type, capacity, region

Regional scope

North America; Western Europe, Eastern Europe, Middle East, Africa, ASEAN, South Asia, Rest of Asia, Australia and New Zealand

Country scope

U.S.; Canada; Mexico; Germany; U.K.; France; Italy; Spain; Russia; Belgium; Poland; Czech Republic; China; India; Japan; Australia; Brazil; Argentina; Colombia; Saudi Arabia; UAE; Iran; South Africa

Key companies profiled

AVI Global Plast Pvt Ltd, Smurfit Kappa Group plc, INFIA srl, Van Der Windt Packaging Ltd, LC Packaging International BV, Ilip s.r.l., T&B Containers Ltd.

Customization scope

Free report customization (equivalent to up to 8 analysts’ working days) with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs.

Frequently Asked Questions

The fruit punnet market is anticipated to register a CAGR of 4.9% during the forecast period.

The fruit punnet market share is anticipated to reach US$ 1.69 Bn by 2032.

Demand for fruit punnet is likely to rise, as the global market's rising demand for food goods is propelling market expansion.

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Ismail Sutaria
Principal Consultant
LinkedIn
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