Asia Pacific Food Packaging Market Size, Share, and COVID-19 Impact Analysis, By Type (Flexible, Rigid, and Semi-rigid), By Material (Plastics, Paper & Paper-Based Materials, and Others), By Application (Bakery & Confectionery, Dairy Products, Fruits & Vegetables, and Others), and Asia Pacific Food Packaging Market Insights, Industry Trend, Forecasts to 2035

Asia Pacific Food Packaging Market Insights Forecasts to 2035

• The Asia Pacific Food Packaging Market Size was estimated at USD 159.5 Billion in 2024
• The Market Size is Expected to Grow at a CAGR of around 7.68% from 2025 to 2035
• The Asia Pacific Food Packaging Market Size is Expected to Reach USD 360.1 Billion by 2035

The Asia Pacific Food Packaging Market is anticipated to reach USD 360.1 billion by 2035, growing at a CAGR of 7.68% from 2025 to 2035. The inclination towards convenience, reduction in pack sizes, and advancement in food packaging technology for extending the shelf life of food are driving the food packaging market in the Asia Pacific region.

Market Overview

The Asia Pacific food packaging market refers to the industry encompassing materials and methods used for containing, protecting, and preserving food products for distribution, storage, and consumption. Food packaging plays a crucial role in protecting food from damage, contamination, and environmental factors, also impacting the branding, marketing, and convenience for consumers. There is a growing preference towards packaged products owing to the changing consumption habits with the changing consumer lifestyle. Eco-friendly packages and advanced innovations in cling film packaging are driving the market growth for food packaging. An increasing prioritization towards flexible packaging and the introduction of digital printing for enhancing brand recognition and boosting sales are bolstering the market growth opportunities.

Report Coverage

This research report categorizes the market for the Asia Pacific food packaging market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Asia Pacific food packaging market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Asia Pacific food packaging market.

Driving Factors

An increasing demand for convenience, urbanization, and changing lifestyles is responsible for driving the food packaging market. Food packaging acts as a convenient solution by extending shelf life, ensuring food safety, and offering easy handling and storage for consumers. Consumer preference for smaller package sizes of products, driven by factors including lower purchasing power, single-serving needs, and convenience, is contributing to driving the market for food packaging. Shift towards convenient food packaging technology is propelling the food packaging market growth.

Restraining Factors

The regulatory complexities associated with plastic packaging and price competition impacting packaging manufacturers are challenging the market. Further, the availability of counterfeit packaging options is hindering the food packaging market.

Market Segmentation

The Asia Pacific food packaging market share is classified into type, material, and application.

• The flexible segment held the largest share of the food packaging market in 2024 and is expected to grow at a significant CAGR during the forecast period.

The Asia Pacific food packaging market is segmented by type into flexible, rigid, and semi-rigid. Among these, the flexible segment held the largest share of the food packaging market in 2024 and is expected to grow at a significant CAGR during the forecast period. Flexible packaging is adaptable and space-efficient, which makes it ideal for convenience and transportation. An increasing use of flexible packaging products, including stand-up pouches and flat pouches, owing to consumers' changing food habits and preferences, is driving the market growth.

• The plastics segment held the largest market share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The Asia Pacific food packaging market is segmented by material into plastics, paper & paper-based materials, and others. Among these, the plastics segment held the largest market share in 2024 and is expected to grow at a significant CAGR during the forecast period. Plastics have widespread application in food packaging owing to their cost-effectiveness and lightweight nature. They possess the ability to protect food from damage and extend its shelf life. The excellent flexibility, strength, and lightweight nature of plastics are responsible for driving the food packaging market.

• The bakery & confectionery segment held the largest market share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The Asia Pacific food packaging market is segmented by application into bakery & confectionery, dairy products, fruits & vegetables, and others. Among these, the bakery & confectionery segment held the largest market share in 2024 and is expected to grow at a significant CAGR during the forecast period. The segment includes breads, pastries, cakes, chocolates, and candies. Food packaging in bakery & confectionery ensures product protection, preservation, and enhances the consumer experience.  

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Asia Pacific food packaging market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Sealed Air Corporation
• Bemis Company
• Berry Plastics
• Huhtamaki Group
• Amcor PLC
• Crown Holdings
• Uflex Limited
• JPFL Group
• Prima Jaya Eratama Group
• Prepack Thailand Co. Limited
• Others

Recent Developments:

• In May 2022, SIG brought aseptic carton packaging without aluminium foil to Asia.
• In March 2022, the Food Safety and Standards Authority India (FSSAI) issued new, stricter standards to govern the use of recycled plastic for food packaging after facing pushback from a group of concerned scientific experts.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at Asia Pacific, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the Asia Pacific Food Packaging Market based on the below-mentioned segments:

Asia Pacific Food Packaging Market, By Type

• Flexible
• Rigid
• Semi-rigid

Asia Pacific Food Packaging Market, By Material

• Plastics
• Paper & Paper-Based Materials
• Others

Asia Pacific Food Packaging Market, By Application

• Bakery & Confectionery
• Dairy Products
• Fruits & Vegetables
• Others