- In sauces, growth is projected to be flat through 2021 as the population decline offsets increasing use of smaller pack sizes.
- In processed meat and seafood, flexible packaging is expected to continue to dominate over the forecast period and account for a total retail unit volume share of 89% in 2021. Thin wall plastic containers and stand-up pouches are expected to continue posting the strongest growth and register double-digit total retail unit volume CAGRs.
- In processed fruit and vegetables, flexible packaging is expected to remain the most popular pack type with a 54% total retail unit volume share in 2021. Stand-up pouches is expected to increase its presence over the forecast period due to the continuous transition from metal food cans.
- In confectionery, flexible packaging is expected to continue to dominate over the forecast period and account for 78% of total retail unit volume in 2021. Within flexible packaging, flexible paper is expected to post strong growth due to high popularity in chocolate confectionery, while stand-up pouches is also expected to increase in popularity for sugar confectionery.
- In dairy, rigid plastic is expected to remain the most popular pack type over the forecast period. PET bottles is expected to register the strongest total retail volume CAGR, driven by the increasing popularity of smaller sizes used for drinking yoghurt products.
- In baby food, thin wall plastic containers is expected to post the strongest growth in baby food packaging over the forecast period with a total retail unit volume CAGR of 4%, driven by the popularity of prepared baby food and healthy performance of newly launched prepared baby food products in thin wall plastic containers.
Disclaimer
This database attempts to compile data from numerous sources. Users should be aware that because different sources are used, there could be errors or omissions. The user accepts that the information is only intended to be an initial reference. The user understands that there is no assurance that this reference material is error free, and that no one involved in compiling or distributing this reference material shall be liable for any damages arising out of its use. Commercially important information should be rechecked and verified with knowledgeable parties in the country of interest.