Global Bakery Packaging Market 2021-2025

Global Bakery Packaging Market 2021-2025

Technavio has been monitoring the bakery packaging market and it is poised to grow by $ 8.52 bn during 2021-2025, progressing at a CAGR of over 4% during the forecast period. Our report on bakery packaging market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the rising focus on improving shelf life of products and prevent bakery products counterfeiting. In addition, rising focus on improving shelf life of products is anticipated to boost the growth of the market as well.

The bakery packaging market analysis includes product segment and geographic landscape.

Technavio's bakery packaging market is segmented as below:

By Product

• Flexible
• Rigid plastic
• Metal
• Others

By Geographical Landscape

• APAC
• Europe
• North America
• South America
• MEA

This study identifies the growing demand for convenient packaging in bakery products as one of the prime reasons driving the bakery packaging market growth during the next few years.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on bakery packaging market covers the following areas:

• Bakery packaging market sizing
• Bakery packaging market forecast
• Bakery packaging market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading bakery packaging market vendors that include Amcor Plc, AS Food Packaging, Genpak LLC, Mondi Group, Napco National, Pactiv LLC, Smurfit Kappa Group Plc, The Benson Box Co., The Unger Co., and WestRock Co. Also, the bakery packaging market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.