The plastic food packaging market is expected to grow from USD 63.15 billion in 2025 to USD 97.13 billion by 2034, with a CAGR of 4.9%. The market includes key materials such as PET, PE, PP, and PS, and products like bags, pouches, trays, and films. The Asia-Pacific (APAC) region leads the market, holding the largest share, followed by North America, Europe, and other regions. This report also examines major companies like Berry Global, Amcor, PepsiCo, and Sealed Air, focusing on their market position, value chain, trade data, and market trends.
The competitive landscape of the plastic food packaging market is dominated by established industry giants such as Berry Global Group Inc, Amcor Plc, Ball Corp, Sealed Air Corp, Mondi Inc., Westrock Co, ITC, PepsiCo., Huhtamäki, Smurfit Kappa, and Sonoco. These giants compete with upstart direct-to-consumer firms that use digital platforms to gain market share. Key competitive characteristics include product innovation, sustainable practices, and the ability to respond to changing consumer tastes.
Berry Global places a strong emphasis on ongoing product research and innovation to satisfy the changing demands of the food sector. To provide package solutions with enhanced usefulness, performance, and sustainability, this entails investigating and creating novel materials, designs, and technologies.
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