The packaging of biscuits, chocolates, and Confectionery owns high market share in the global packaging market. Packaging generally consists of containers composed of corrugated boxes, and metal or plastic. The rapidly expanding Confectionery market across the globe is expected to facilitate growth of the Confectionery packaging market over the forecast period.
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Increasing consumption of chocolates, gums and bars is driving demand for advanced and improved packaging systems. This, in turn, is influencing packaging companies to introduce different varieties of Confectionery packaging material, which is likely to propel growth of the Confectionery packaging market in the near future.
Among material type, the plastic segment is expected to account for the highest market share in the global Confectionery packaging market over the forecast period. New product developments such as single-serve Confectionery packaging, environment-friendly packaging, improved aesthetics & design etc. are expected to drive demand for Confectionery packaging in the near future. On the basis of Confectionery type, chocolate is observed to be the most preferred Confectionery product in online sales. Rapidly increasing e-commerce sales of chocolate is expected to create enormous growth opportunities for Confectionery packaging market throughout the forecast period.
On the basis of material type, the global Confectionery packaging market is segmented into:
• Paper & Paperboard
On the basis of packaging type, the global Confectionery packaging market is segmented into:
• Flexible Packaging
On the basis of Confectionery type, the global Confectionery packaging market is segmented into:
Key Players:- Key manufacturers in the global Confectionery packaging market include International Paper Company, Amcor Limited, Smurfit Kappa Group, Sonoco Products Company, Bemis Company, Inc., WestRock Company, Crown Holdings, Inc., Berry Global, Inc., Mondi Group, Sealed Air Corporation, DS Smith Plc, Huhtamaki Oyj, and others.
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