The patisserie packaging market is likely to experience significant growth from 2022 to 2032, reflecting a value CAGR of 4.6%. As of 2022, the market is expected to be valued at US$ 6.2 Billion, and is expected to reach US$ 9.7 Billion by the conclusion of the said period of assessment.
The patisserie packaging market is expanding, with significant investments being made to develop innovative solutions in corrugated box patisserie packaging. Overall, patisserie packaging manufacturers are anticipating the creation of durable quality packaging materials in the coming years, with an emphasis on environmental protection and sustainability.
| Data Points | Key Statistics |
|---|---|
| Expected Market Value in 2022 | US$ 6.2 Billion |
| Projected Market Value in 2032 | US$ 9.7 Billion |
| Growth Rate (2022 to 2032) | 4.6% CAGR |
According to the research conducted by Future Market Insights, rapid urbanization and changes in eating habits have led the population to favor readily available food, leading to a rise in consumption of patisserie products, which is bolstering the expansion of the global patisserie packaging market.
However, reported health tragedies related to patisserie product consumption may have an impact on the global patisserie packaging market dynamics. The complexity of patisserie packaging is yet another factor restraining the global patisserie packaging market.
According to FMI's research results, organizations must also overcome a variety of obstacles in order to adapt to market growth. The availability of patisserie packaging alternatives, such as reusable plastic pouches as the optimum packaging product, is impeding the global patisserie packaging market.
North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa are all characterized. During the forecast period, Asia Pacific (APAC) is expected to be the fastest-growing market for patisserie packaging.
Growth is being driven by an increase in demand for poly bags in countries such as China, India, and Japan. North America is predicted to significantly contribute to the growth of the patisserie packaging market due to rising demand for digitally-printed packages that generate a hyper-personal buying experience.
Significant growth in China's bakery and confectionary markets will profit the patisserie packaging market. Europe is expected to drive the patisserie packaging market growth in the coming years, due to increasing demand for patisserie product home delivery.
FMI completed an in-depth analysis of key market participants. Papiers Paviot, Amcor Limited, LINPAC Senior Holdings Limited, Graphic Packaging International, Inc., Coyne & Blanchard, Inc., Mahalaxmi Flexible Packaging, Berry Plastics Corporation, Sealed Air, WestRock Company, AR Packaging Group AB, and others are among the prominent stakeholders in the patisserie packaging market.
Key players are also focusing on mergers and acquisitions of local players in order to expand their product portfolio and expand their business into emerging markets. Furthermore, businesses are expanding their product offerings in order to attract new customers and retain existing ones.
Patisserie are bakeries that specializes in variety of pasties and sweets. Patisserie products are popular among all age groups and the sales are independent of occasions or seasons. Packaging plays an important role in patisserie products in increasing shelf life, marketing, prevention from mechanical damage, displaying food safety related warnings and nutrition value.
Packaging vendors who provide innovative and creative packaging solutions are preferred by patisserie dealers, as it helps to strengthen sales by enhancing product visibility. Apart from protecting and containing the items, the patisserie packaging must be irresistible enough to appeal to a buyer and ultimately lead to a sale.
Patisserie packaging supplies come in different sizes, shapes, textures, materials and printing options than ever before, hence patisserie packaging with high quality or feature that is extremely impressive can set any product apart from its competitors.
The factors driving the global patisserie packaging market includes, rise in sales of patisserie through retail outlets where a longer shelf-life of the patisserie products plays an important role, thus, to enhance the shelf life of patisserie products the manufacturers are turning towards the patisserie packaging, which in turn is driving the global market for patisserie packaging.
On the plus side, rapid urbanization and change in eating habits has led the population to opt for food that is readily available, which has witnessed rise in consumption of patisserie products, which in turn is bolstering the growth of global patisserie packaging market.
However, reported health incidents due to patisserie products consumption might hamper the dynamics of the global patisserie packaging market. Some of the other factors restraining the global patisserie packaging market is the complexity in patisserie packaging. Availability of alternatives for patisserie packaging such as reusable plastic pouches as the ideal packaging product, which in turn is hampering the global patisserie packaging market.
Small plastic patisserie packs, plastic cupcake boxes and plastic cake containers are widely used for patisserie packaging as they protect the contents from damage and leaking. Paper and cardboard boxes are used by the patisserie packaging manufacturers in order to differentiate the product as well as to provide mechanical strength.
Taken as a whole, corrugated boxes are considered to be an eco-friendly and sustainable form of patisserie packaging compared with other forms of patisserie packaging, including plastics.
Huge investments are made to develop innovative solutions in corrugated box patisserie packaging. Overall, patisserie packaging manufacturers are expected to come up with resistant quality packaging materials in the coming years keeping prime focus on environmental protection and sustainability.
Based on geography, the global patisserie packaging market can be segmented into five major regions: North America, Europe, Asia Pacific, Latin America and Middle East and Africa. Overall, Asia Pacific (APAC) is expected to be the fastest growing market for patisserie packaging during the forecast period.
In countries like China, India and Japan, growth comes from an increase in the demand for poly bags. North America is expected to substantially contribute towards patisserie packaging market growth on the grounds of rising demand for digitally-printed packages which creates a hyper-personal buying experience.
Significant growth in bakery and confectionary market in China will have a positive impact on the patisserie packaging market. Furthermore, growing demand for packaged foods and consumer goods is expected to increase the growth of patisserie packaging market in the region. Europe is further anticipated to boost the patisserie packaging market growth over the upcoming years with regards to the rising demand for home delivery of patisserie products.
Increase in sedentary lifestyle and eating habits in Latin America and MEA are expected to propel patisserie packaging market demand in the region.
Some of the key players identified in the patisserie packaging market are Papiers Paviot, Amcor Limited, LINPAC Senior Holdings Limited, Graphic Packaging International, Inc., Coyne & Blanchard, Inc., Mahalaxmi Flexible Packaging, Berry Plastics Corporation, Sealed Air, WestRock Company, AR Packaging Group AB and others.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, technology and applications.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Based on type of material, the global patisserie packaging market can be segmented as follows
Based on type of product, the patisserie global packaging market can be segmented as follows:
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Patisserie Packaging Market
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