Top 50 Companies in Food Packaging Market: Statistics Report (2024-2035)
RELEASE DATE: Aug 2025 Author: Spherical InsightsRequest Free Sample Speak to Analyst
Description
According to a research report published by Spherical Insights & Consulting, The Global Food Packaging Market Size is projected to Grow from USD 513.15 Billion in 2024 to USD 995.81 Billion by 2035, at a CAGR of 6.21% during the forecast period 2025–2035. The market for food packaging is driven by various factors, including rising demand for convenience and ready-to-eat foods, rising urbanization, growing health and hygiene awareness, and sustainable and eco-friendly packaging innovations.
Introduction
The global food packaging market is an industry focused on creating and manufacturing materials that encapsulate and protect meals throughout storage, transit, and consumption. Packaging is essential for ensuring food safety, increasing shelf life, retaining nutritional content, and giving convenience to customers. The market is expanding rapidly due to a number of drivers, including rising demand for ready-to-eat and convenience meals, rapid urbanization, increased health and hygiene awareness, and a growing need for sustainable and recyclable packaging options. Furthermore, the growth of e-commerce and online food delivery platforms has resulted in an increase in demand for creative and safe packaging styles that protect products throughout transportation. South Korea's market is growing rapidly due to increased consumption of packaged foods, a fast-paced lifestyle, and government backing for eco-friendly packaging efforts. Global regulatory pressure for enhanced food safety standards, along with customer demands for clean-label and ecologically aware products, is prompting manufacturers to invest in smart, biodegradable, and active packaging technologies. As a result, the food packaging sector is seeing a dramatic transition toward smarter, safer, and more sustainable solutions to satisfy the changing demands of both consumers and food producers globally.
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Food Packaging Market Size & Statistics
The Market Size for Food Packaging Was Estimated to be worth USD 513.15 Billion in 2024.
The Market Size is going to expand at a CAGR of 6.21% between 2025 and 2035.
The Global Food Packaging Market Size is anticipated to reach USD 995.81 Billion by 2035.
Asia Pacific is expected to generate the highest demand during the forecast period in the Food Packaging Market
North America is expected to grow the fastest during the forecast period in the Food Packaging Market.
Regional growth and demand
North America is expected to grow the fastest during the forecast period in the food packaging market. The North America food packaging industry is being pushed by shifting lifestyles and increased demand for quick, on-the-go options. Single-serve packs and MAP solutions are becoming increasingly popular, owing to rising consumer spending and premium product preferences in the United States and Canada, particularly at upmarket grocery chains.
Asia Pacific is expected to generate the highest demand during the forecast period in the food packaging market. Asia Pacific's dominance in the food packaging industry derives from its enormous population, growing middle class, and changing lifestyles. Rapid urbanization in nations such as China, India, Indonesia, and Vietnam has boosted demand for convenient packaged meals. In places such as Shanghai, Mumbai, and Jakarta, expanding nuclear families and professionals are driving demand for single-serve, ready-to-eat, and on-the-go packaging.
Top 10 Trends in the Food Packaging Market
- Sustainability and Circularity
- Smart Packaging (IoP)
- Functional and Active Packaging
- Flexible Packaging
- Minimalist and Custom Design
- Packaging Automation and Robotics
- Lightweight Packaging
- Enhanced Barrier and Safety Features
- Edible Packaging and Nanotechnology
- 3D Printing and Digital Printing
1. Sustainability and Circularity
Sustainability and circularity in food packaging aim to reduce environmental impact by using recyclable, biodegradable, or compostable materials. Companies are moving toward environmentally friendly designs and closed-loop technologies that reduce waste. Consumer demand and regulatory pressure are forcing companies to embrace greener methods, supporting long-term environmental goals while ensuring product safety and shelf life.
2. Smart Packaging (IoP)
Technologies like RFID, sensors, and QR codes are used in smart packaging to track freshness, guarantee safety, and offer interactive customer information. It facilitates supply chain transparency, tamper detection, and real-time tracking. Food quality management from manufacturing to consumption is improved by IoP, which also increases customer confidence, maximizes inventory, and enables companies to create captivating experiences.
3. Functional and Active Packaging
By adding components such as moisture absorbers, oxygen scavengers, or antibacterial agents, functional and active packaging increases shelf life. Without using artificial preservatives, these methods help maintain the safety and freshness of food. This trend, which is especially helpful for perishable goods, fits nicely with the clean-label movement and the growing desire for fresh, minimally processed foods that are of higher quality and can be stored for longer.
4. Flexible Packaging
Flexible packaging provides resealable, long-lasting, and lightweight options that are perfect for convenience meals and online sales. It uses less material, costs less to transport, and can be tailored to different kinds of food. Sachets, wraps, and pouches are common forms. Both manufacturers and customers favor it owing to its aesthetic appeal, sustainability advantages, and user-friendliness.
5. Minimalist and Custom Design
Trends in minimalist and customized design emphasize simple aesthetics, less material use, and brand customization. This strategy increases shelf visibility and appeals to consumers who care about the environment. Limited editions, targeted marketing, and distinctive brand identification are all made possible by custom packaging. It promotes cost reductions by using sustainable materials and fewer components while communicating transparency, quality, and a contemporary appearance.
Empower your strategic planning:
Stay informed with the latest industry insights and market trends to identify new opportunities and drive growth in the food packaging market. To explore more in-depth trends, insights, and forecasts, please refer to our detailed report.
Top 25 Companies Leading the Food Packaging Market
- International Paper Company
- Mondi
- Smurfit Kappa Group
- Graphic Packaging International, LLC
- DS Smith
- Eastern Pak Limited
- WestRock Company
- Packaging Corporation of America
- Nippon Paper Industries Co., Ltd.
- Sonoco Products Company
- Amcor plc
- Clearwater Paper Corporation
- Berry Global Inc.
- Stora Enso
- Constantia Flexibles
- Plastipak
- Tetra Pak International
- Crown Holdings, Inc.
- ExxonMobil Chemical
- Coveris Group
- Sealed Air Corporation
- Huhtamaki Oyj
- Bemis Company, Inc.
- Printpack, Inc.
- Reynolds Group Holdings
1. International Paper Company
Headquarters: Memphis, Tennessee, USA
International Paper is the global leader in pulp, paper, and fiber-based packaging, with operations in more than 150 nations. Corrugated boxes, foodservice packaging, and paperboard for dry and frozen goods are its areas of expertise in the food packaging industry. In line with the objectives of the circular economy, the firm prioritizes sustainability by manufacturing recyclable and biodegradable materials. It helps well-known food businesses preserve their goods while appealing to consumers who care about the environment, owing to its extensive distribution network and creative package designs.
2. Mondi
Headquarters: Vienna, Austria
Mondi is a global packaging and paper company with operations in more than 30 countries, which is well-known for its rigid, flexible, and sustainable food packaging solutions. For usage in snacks, dairy, baked goods, and frozen meals, the firm produces paper-based pouches, barrier coatings, and recyclable flexible films. Mondi minimizes its environmental impact while increasing product shelf appeal with digital printing, lightweight materials, and a strong emphasis on circularity. To develop unique packaging that satisfies safety, branding, and changing eco-regulatory demands, it works closely with food producers.
3. SMURFIT KAPPA GROUP
Headquarters: Dublin, Ireland
Smurfit Kappa is a prominent supplier of paper-based packaging solutions for fresh produce, drinks, and food takeout services, with operations in more than 35 countries. Its corrugated packaging, which offers individualized solutions that help lower food waste and carbon emissions, is designed for longevity, recyclability, and aesthetic appeal. Renowned for its inventiveness in intelligent and sustainable packaging, Smurfit Kappa uses responsible packaging methods to help food manufacturers and merchants create effective, environmentally friendly supply chains.
4. Graphic Packaging International, LLC
Headquarters: Atlanta, Georgia, USA
Graphic Packaging International, which operates in more than 20 countries, specializes in paperboard packaging solutions for the food, beverage, and consumer products industries. The firm makes folding cartons, trays, and microwave-safe packaging for frozen foods, snacks, and quick-serve meals. It is committed to sustainability and offers packaging produced from renewable fibers and recyclable materials. Graphic Packaging uses innovative printing technologies to increase brand awareness while guaranteeing that its solutions fulfill both functional demands and environmental regulations in the food packaging industry.
5. DS Smith
Headquarters: London, United Kingdom
DS Smith operates in more than 30 countries, provides sustainable corrugated packaging solutions for the food and beverage industry. It offers shelf-ready packaging, food-grade boxes, and protective transportation packaging. The firm emphasizes circular design, employs recyclable materials, and offers closed-loop supply chain services. DS Smith provides food manufacturers with lightweight, environmentally friendly packaging that lowers waste while ensuring product safety and performance.
Are you ready to discover more about the Food Packaging market?
The report provides an in-depth analysis of the leading companies operating in the global food packaging market. It includes a comparative assessment based on their product portfolios, business overviews, geographical footprint, strategic initiatives, market segment share, and SWOT analysis. Each company is profiled using a standardized format that includes:
Company Profiles
- International Paper Company
- Business Overview
- Company Snapshot
- Products Overview
- Company Market Share Analysis
- Company Coverage Portfolio
- Financial Analysis
- Recent Developments
- Merger and Acquisitions
- SWOT Analysis
- Mondi
- SMURFIT KAPPA GROUP
- Graphic Packaging International, LLC
- DS Smith
- Eastern Pak Limited
- WestRock Company
- Packaging Corporation of America
- Nippon Paper Industries Co., Ltd.
- Others.
Conclusion
The market for food packaging is expanding quickly globally due to shifting customer preferences, growing convenience demands, and growing sustainability awareness. Leading businesses are developing innovative, recyclable, and intelligent packaging solutions, including International Paper, Mondi, Smurfit Kappa, Graphic Packaging, and DS Smith. Further influencing market development are regional trends, such as the urbanization of the Asia-Pacific and the investment in luxury packaging in North America. Opportunities include incorporating IoT-enabled smart packaging, increasing the use of compostable and biodegradable packaging, and satisfying the growing need for forms that are ready to eat and portable. Globally, sustainable technologies and circular economy activities are expected to boost the industry as environmental concerns and laws strengthen.
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