- In sauces, growth will mainly come from rigid plastic and glass, which will combine for 75% of total packaging unit sales in 2021. Thin wall plastic containers is expected to grow at 4% CAGR through 2021, while brick liquid cartons are expected to see strongest total volume CAGR of 6% as it continues to take sales from metal packaging.
- In processed meat and seafood, total volume CAGR is expected to be 1% through 2021, led by blister and strip packs with projected 4% CAGR. Stand-up pouches is set to see total volume CAGR of 3%, with the majority of sales accounted for by shelf stable seafood, while metal packaging is set to continue declining with negative total volume CAGR of 1% through 2021.
- In processed fruit and vegetables, a continued shift to stand-up pouches is expected to drive increasing volume share. In contrast, metal cans, rigid plastic, and glass are expected to see negative total volume CAGRs of 1%, 4%, and 1%, respectively.
- In confectionery, re-sealable stand-up plastic pouches are expected to continue gaining favor by encouraging sharing and keeping unused portions fresher than conventional flexible packaging.
- In dairy, shaped liquid cartons are expected to see strongest total volume CAGR of 12% through 2021, followed by plastic/aluminum pouches with 10% CAGR.
- In baby food, forecast 1% CAGR through 2021 is expected to come from continuous growth of stand-up pouches and thin wall plastic containers, which will combine for 63% of total volume sales in 2021 (up from 58% in 2016).
Disclaimer
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