Global Food Packaging Material Market 2024 Pie Chart

The pie chart illustrates the share of global food packaging material market in 2024, with plastic accounting for the largest portion at 41.1%. Paper and board follow closely behind at 31.5%, indicating a significant market presence. Glass holds a share of 11.2%, while metal and other materials represent 9.8% and 6.4% respectively. Plastic emerges as the preferred material for food packaging due to its versatility, cost-effectiveness, and convenience.

As environmental concerns rise, there is a growing demand for sustainable packaging solutions in the food industry. Paper and board packaging, with a share of 31.5%, are increasingly favored for their biodegradability and recyclability. Glass packaging, though at a smaller share of 11.2%, is preferred for its premium look and ability to maintain product freshness. Metal packaging, accounting for 9.8%, is valued for its durability and ability to preserve food quality. Other materials, with a share of 6.4%, cater to niche packaging needs.

The food packaging industry is witnessing a shift towards sustainable and eco-friendly materials to meet consumer preferences and regulatory requirements. Manufacturers are investing in innovative packaging solutions to reduce environmental impact and enhance product safety. With plastic leading the market share, there is a growing emphasis on developing recyclable and biodegradable plastic alternatives. The market is expected to witness further advancements in packaging technology and materials to address evolving consumer demands and sustainability goals.