Punnet Market Size and Share Outlook - Forecast Trends and Growth Analysis Report (2025-2034)

The global punnet market size reached around USD 1975.13 Million in 2024. The market is projected to expand at a CAGR of 6.80% between 2025 and 2034 to reach nearly USD 3813.36 Million by 2034.

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Global Punnet Market Growth

As per a report published by the Organisation for Economic Co-operation and Development in January 2024, fruit consumption has been rising steadily across many European countries due to increasing consumer awareness of its health benefits. In the United Kingdom and Ireland, around 33% of adults consume five portions of fruits daily, followed by the Netherlands (30%), France (20%), and Germany (11%), among others. Moreover, vegetable consumption has also remained favourable, with a substantial portion of the population in Belgium (76%), Ireland (75%), Sweden (66%), and Norway (67%) consuming at least one portion of vegetables daily. Overall, fruit and vegetable consumption has surged to 12.4% in 2019 and is expected to increase, especially due to the emergence of various digital subscription channels. This is expected to fuel the punnet market development over the forecast period.

The total sales of ready-to-eat meals by Archer Daniels Midland Company rose to USD 16.4 billion in 2022, recording a year-on-year growth of 10.6%. Over two-thirds of all consumers using ready-to-eat meals prefer paying a premium price for high-quality food products. In recent times, the shift towards portion control habits has also prompted companies to launch sustainably packaged meals with less than 700 calories. This is expected to influence the punnet market dynamics favourably over the forecast period.

Key Trends and Developments

The growth of rapid grocery delivery services in the UK; the shift towards sustainability; the growing demand for horticultural products; and the increasing consumer preference for convenience are the major factors favouring the punnet market growth

August 2024

Aldi, a leading UK-based retail chain, announced its decision to reduce over 370 tons of plastic packaging annually by eliminating the use of plastic punnets and pulp trays for food packaging.

January 2024

Sainsbury’s, a leading supermarket retail chain in the United Kingdom, announced its decision to switch to cardboard-based punnet packaging for its brand mushrooms across the country, with the objective of saving nearly 775 million tons of plastic. This is favourably shaping the punnet market dynamics for the upcoming years.

June 2023

Waddington Europe launched a new range of mono-material and recyclable soft-fruit punnets in the United Kingdom to minimise its plastic usage.

January 2022

Faerch Group, a Danish manufacturer of sustainable packaging solutions for the food and beverage industry, completed the acquisition of PACCOR. This is expected to facilitate the expansion of its existing range of circular and food-safe packaging materials, thereby leading to the punnet market expansion.

Growth of rapid grocery delivery services in the UK

As per the industrial analysis, the overall sales achieved by rapid delivery services in the UK are expected to triple to 1.7 billion pounds by 2030 from 4.4 billion pounds in 2023. Punnets play an essential role in packaging ready-to-eat produce, fresh items, and takeaway products.

Shift towards sustainability

Many food packaging companies are using recyclable PET to manufacture punnets, thereby reducing the harmful ecological impact caused by plastics. This is favourably influencing the punnet market value.

Growing demand for horticultural products

Punnets preserve the freshness of horticultural products and prevent them from spoilage. Moreover, they also extend product shelf life, which is expected to support the market growth.

Increasing consumer preference for convenience

Punnets are a safe and reliable mode of transportation for fresh fruits and vegetables, including berries, mushrooms, and grapes. They also facilitate product labelling, as a part of an organisation’s efforts to build brand awareness.

Global Punnet Market Trends

In the United Kingdom, around 31% of all consumers purchase one takeaway meal weekly. As per the market analysis, takeaway meals are especially popular in London (58%), where 38% of all consumers aged 18-24 years consume takeaways 2-3 times weekly. An average British family spends over GBP 60 on purchasing family treats, and 41% of consumers have a favourite restaurant they order from. This is expected to propel the punnet market development, as these packaging containers are extensively used for ease of handling of food products like fries, burgers, and chips.

Global Punnet Industry Segmentation

The EMR’s report titled “Global Punnet Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:

Breakup by Material

• Plastic
• Paper
• Moulded Fibre

Breakup by Capacity

• Up to 150 gm
• 151-300 gm
• 301-500 gm
• Above 500 gm

Breakup by Application

• Fruits and Vegetables
• Meat, Poultry, and Seafood
• Frozen Food
• Ready-to-Eat

Breakup by End Use

• Retail Outlets
• Hotels
• Restaurants
• Cafes
• Household

Breakup by Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Global Punnet Market Share

Based on region, the market is segmented into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. Over the forecast period of 2024-32, the market for punnets in the Asia Pacific is estimated to grow at a CAGR of 7.9% due to the growth of fresh meal kit delivery services. Moreover, the punnet market expansion is expected to be driven by the shift towards sustainability and the growing demand for horticultural products in the region.

Leading Companies in the Global Punnet Market

Major players are switching towards using paper and cardboard for packaging fruits and vegetables, which is boosting the punnet market revenue.

Smurfit Kappa Group

Smurfit Kappa Group was founded in 1934 and is headquartered in Dublin, Ireland. It is a global leader in manufacturing paper-based manufacturing solutions, with a presence in around 40 countries.

Coveris Management GmbH

Coveris Management GmbH was founded in 2013 and is headquartered in Vienna, Austria. It specialises in manufacturing medical, and food and beverage packaging solutions.

PACCOR Packaging GmbH

PACCOR Packaging GmbH was formed in 1991 and is headquartered in Dusseldorf, Germany. It is engaged in manufacturing sustainable and innovative packaging solutions for the foodservice and consumer goods markets.

RAPTIS PAX

RAPTIS PAX was founded in 1985 and is headquartered in Queensland, Australia. It specialises in manufacturing thermoforming plastic packaging, and different containers for the warehousing industries.

Other players included in the punnet market report are LC Packaging International BV, Groupe Guillin SA, Royal Interpack Group, ILIP S.r.l., INFIA srl, and Leeways Packaging Services Ltd., among others.
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