Bizwit Research & Consulting LLP is a global provider of business intelligence & consulting services. We have a strong primary base of key industry leaders along with the chain of industry analysts to analyze the market trends and its future impact in order to estimates and forecast different business segments and markets. 

Global Snack Food Packaging Market to reach USD 23.90 billion by the end of 2030.

Global Snack Food Packaging Market Size Study & Forecast, by Material Type (Plastic, Paper/Paperboard, Metal, Glass), By Packaging Type (Flexible Packaging, Rigid Packaging, Others), By Application (Bakery Snacks, Candy & confections, Savory Snacks, Nuts & Dried Fruits, Others), and Regional Analysis, 2023-2030

Product Code: CMP-70468109
Publish Date: 20-05-2023
Page: 200

Global Snack Food Packaging Market is valued at approximately USD 17.2 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 4.2% over the forecast period 2023-2030. Snack food packaging is the materials and designs used to package different kinds of snack foods. The main objective of snack food packaging is to protect the contents from outside influences including moisture, light, and air, which can lead to spoiling and degrade the product’s flavor and quality. Additionally, snack food packaging is created to advertise the product and increase consumer appeal using striking graphics, vivid colors, and eye-catching designs. Factors such as changing consumer preferences, increasing disposable incomes, surge in consumption of ready-to-eat food coupled with the rising inclination towards convenience, sustainability and clean-label food products are playing a vital role in market growth across the globe.

In addition, the rapid proliferation of the e-commerce industry has created new opportunities for snack food companies to sell their products online. This has led to an increased demand for packaging that is designed to protect the contents during shipping and handling, such as vacuum-sealed bags and sturdy cardboard boxes. According to Statista, in 2022, the online sales of snack food accounted for 6.8% globally, which is projected to rise and likely to reach 9.5% of the overall sales. Therefore, the rising availability of snack food on various e-commerce platforms is augmenting the market growth at a considerable rate. Moreover, the growing R&D activities in packaging solutions, as well as introduction of innovative packaging designs presents various lucrative opportunities over the forecasting years. However, the volatile prices of raw materials and stringent government rules & regulations are hindering the market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Snack Food Packaging Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the rising inclination towards healthier snack food products among the population, availability of the innovative packaging designs, technological advancements, and presence of convenience stores and vending machines. Whereas, Asia Pacific is expected to grow at the highest CAGR over the forecasting years. The changing consumer preferences, rising disposable incomes, food safety regulations, and rising availability of snack food on various e-commerce platforms are significantly propelling the market demand across the region.

Major market players included in this report are:
Amcor Plc
Huhtamaki OYJ
Berry Global Group Inc.
Constantia Flexibles Group GmbH
Sonoco Products Co
Winpak Ltd
Pactiv LLC
Swiss Pac Pvt Ltd.
Owens-Illinois Inc

Recent Developments in the Market:
Ø In April 2021, Amcor announced that the company entered into a partnership agreement with Nestle to introduce sustainable packaging on shelves. This novel packaging is produced from sustainably sourced thermoformable paper and is printed on flexographic or gravure technology and finished with a heat or cold-seal adhesive.
Ø In December 2020, Berry Global, Inc. stated that it has reached an agreement with Repsol S.A. for the acquisition of recycled polypropylene, which is used in food and healthcare packaging.

Global Snack Food Packaging Market Report Scope:
ü Historical Data – 2020 – 2021
ü Base Year for Estimation – 2022
ü Forecast period – 2023-2030
ü Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
ü Segments Covered – Material Type, Packaging Type, Application, Region
ü Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
ü Customization Scope – Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Material Type:

By Packaging Type:
Flexible Packaging
Rigid Packaging

By Application:
Bakery Snacks
Candy & confections
Savory Snacks
Nuts & Dried Fruits

By Region:

North America


Asia Pacific
South Korea

Latin America

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
1.2.1. Snack Food Packaging Market, by Region, 2020-2030 (USD Billion)
1.2.2. Snack Food Packaging Market, by Material Type, 2020-2030 (USD Billion)
1.2.3. Snack Food Packaging Market, by Packaging Type, 2020-2030 (USD Billion)
1.2.4. Snack Food Packaging Market, by Application, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Snack Food Packaging Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Snack Food Packaging Market Dynamics
3.1. Snack Food Packaging Market Impact Analysis (2020-2030)
3.1.1. Market Drivers Surge in consumption of ready-to-eat food Rapid proliferation of the e-commerce industry
3.1.2. Market Challenges Volatile prices of raw materials Stringent government rules & regulations
3.1.3. Market Opportunities Growing R&D activities in the packaging solutions Introduction of innovative packaging designs
Chapter 4. Global Snack Food Packaging Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Snack Food Packaging Market, by Material Type
5.1. Market Snapshot
5.2. Global Snack Food Packaging Market by Material Type, Performance – Potential Analysis
5.3. Global Snack Food Packaging Market Estimates & Forecasts by Material Type 2020-2030 (USD Billion)
5.4. Snack Food Packaging Market, Sub Segment Analysis
5.4.1. Plastic
5.4.2. Paper/Paperboard
5.4.3. Metal
5.4.4. Glass
Chapter 6. Global Snack Food Packaging Market, by Packaging Type
6.1. Market Snapshot
6.2. Global Snack Food Packaging Market by Packaging Type, Performance – Potential Analysis
6.3. Global Snack Food Packaging Market Estimates & Forecasts by Packaging Type 2020-2030 (USD Billion)
6.4. Snack Food Packaging Market, Sub Segment Analysis
6.4.1. Flexible Packaging
6.4.2. Rigid Packaging
6.4.3. Others
Chapter 7. Global Snack Food Packaging Market, by Application
7.1. Market Snapshot
7.2. Global Snack Food Packaging Market by Application, Performance – Potential Analysis
7.3. Global Snack Food Packaging Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
7.4. Snack Food Packaging Market, Sub Segment Analysis
7.4.1. Bakery Snacks
7.4.2. Candy & confections
7.4.3. Savory Snacks
7.4.4. Nuts & Dried Fruits
7.4.5. Others
Chapter 8. Global Snack Food Packaging Market, Regional Analysis
8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Snack Food Packaging Market, Regional Market Snapshot
8.4. North America Snack Food Packaging Market
8.4.1. U.S. Snack Food Packaging Market Type breakdown estimates & forecasts, 2020-2030 Packaging Type breakdown estimates & forecasts, 2020-2030 Application breakdown estimates & forecasts, 2020-2030
8.4.2. Canada Snack Food Packaging Market
8.5. Europe Snack Food Packaging Market Snapshot
8.5.1. U.K. Snack Food Packaging Market
8.5.2. Germany Snack Food Packaging Market
8.5.3. France Snack Food Packaging Market
8.5.4. Spain Snack Food Packaging Market
8.5.5. Italy Snack Food Packaging Market
8.5.6. Rest of Europe Snack Food Packaging Market
8.6. Asia-Pacific Snack Food Packaging Market Snapshot
8.6.1. China Snack Food Packaging Market
8.6.2. India Snack Food Packaging Market
8.6.3. Japan Snack Food Packaging Market
8.6.4. Australia Snack Food Packaging Market
8.6.5. South Korea Snack Food Packaging Market
8.6.6. Rest of Asia Pacific Snack Food Packaging Market
8.7. Latin America Snack Food Packaging Market Snapshot
8.7.1. Brazil Snack Food Packaging Market
8.7.2. Mexico Snack Food Packaging Market
8.8. Middle East & Africa Snack Food Packaging Market
8.8.1. Saudi Arabia Snack Food Packaging Market
8.8.2. South Africa Snack Food Packaging Market
8.8.3. Rest of Middle East & Africa Snack Food Packaging Market

Chapter 9. Competitive Intelligence
9.1. Key Company SWOT Analysis
9.1.1. Company 1
9.1.2. Company 2
9.1.3. Company 3
9.2. Top Market Strategies
9.3. Company Profiles
9.3.1. Amcor Plc Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
9.3.2. Huhtamaki OYJ
9.3.3. Berry Global Group Inc.
9.3.4. Constantia Flexibles Group GmbH
9.3.5. Sonoco Products Co
9.3.6. Winpak Ltd
9.3.7. ProAMPAC LLC
9.3.8. Pactiv LLC
9.3.9. Swiss Pac Pvt Ltd.
9.3.10. Owens-Illinois Inc
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

Need Assistance

Contact Person -
Krishant Mennon
Call us @
+ 91 99931 15879
Email: sales@bizwitresearch.com


Why Choose Us?

Quality over Quantity

Backed by 60+ paid data sources our reports deliver crisp insights with no compromise quality.

Analyst Support

24x7 Chat Support plus
free analyst hours with every purchase

Flawless Methodology

Our 360-degree approach of market study, our research methods leave stones unturned.
Enquiry Now