Sandwich Packaging Market Trends and Forecast
The future of the global sandwich packaging market looks promising with opportunities in the manufacturer, distributor, retailer, and online retail markets. The global sandwich packaging market is expected to grow with a CAGR of 4.2% from 2024 to 2030. The major drivers for this market are increasing demand for on-the-go food options, rising consumer preference for convenience and hygiene, and expansion of the foodservice industry and changing eating habits stimulate market demand.
• Lucintel forecasts that paper is expected to witness the highest growth over the forecast period.
• Within this market, manufacturer is expected to witness the highest growth.
• APAC is expected to witness highest growth over the forecast period.
United States – Leading packaging companies announced initiatives to develop sustainable sandwich packaging solutions using compostable and recyclable materials. Government targets focus on reducing single-use plastics, promoting eco-friendly packaging practices through incentives and regulations.
United Kingdom – Sandwich chains collaborated with packaging suppliers to introduce innovative and reusable sandwich packaging designs, aiming to reduce waste and promote sustainability. Government initiatives aim to tackle plastic pollution and encourage the use of recyclable materials in food packaging.
Australia – Foodservice companies partnered with packaging manufacturers to develop customized sandwich packaging solutions with tamper-evident features for enhanced food safety. Government targets focus on improving packaging regulations to ensure product integrity and consumer trust in food packaging.
Canada – Packaging firms invested in research and development to innovate sandwich packaging materials with improved barrier properties for extended shelf life and product freshness. Government initiatives aim to support sustainable packaging practices and reduce plastic waste in the food industry.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Sandwich Packaging by Segment
The study includes a forecast for the global sandwich packaging by type, application, and region.
Sandwich Packaging Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Paper
• Plastic
• Metal
• Others
Sandwich Packaging Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Manufacturers
• Distributors
• Retailers
• Online Retail
Sandwich Packaging Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Sandwich Packaging Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies sandwich packaging companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the sandwich packaging companies profiled in this report include-
• Amcor
• Schur Flexibles Holding
• Klockner Pentaplast
• Clondalkin
• A & K Ecofilm
• Constantia Flexibles
• Anchor Packaging
Recent Development in the Sandwich Packaging Market
Packaging Corporation of America (PCA): Introduced a new line of sustainable sandwich packaging solutions made from recycled and biodegradable materials, aligning with consumer demand for eco-friendly packaging options.
Huhtamaki Group: Collaborated with leading food chains to develop customized sandwich packaging designs featuring innovative features such as tamper-evident seals and easy-to-open tabs, enhancing convenience and food safety for consumers.
Graphic Packaging International: Launched a range of premium sandwich packaging solutions with visually appealing designs and high-quality printing capabilities, helping brands stand out on store shelves and attract consumer attention.
Coveris: Invested in research and development to innovate sandwich packaging materials with enhanced barrier properties, extending shelf life and maintaining product freshness for longer periods, meeting consumer expectations for quality and convenience.
Features of the Global Sandwich Packaging Market
Market Size Estimates: Sandwich packaging market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Sandwich packaging market size by type, application, and region in terms of value ($B).
Regional Analysis: Sandwich packaging market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the sandwich packaging market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the sandwich packaging market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for sandwich packaging market?
Answer: The global sandwich packaging market is expected to grow with a CAGR of 4.2% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the sandwich packaging market?
Answer: The major drivers for this market are increasing demand for on-the-go food options, rising consumer preference for convenience and hygiene and expansion of the foodservice industry and changing eating habits stimulate market demand.
Q3. What are the major segments for sandwich packaging market?
Answer: The future of the sandwich packaging market looks promising with opportunities in the manufacturer, distributor, retailer, and online retail markets.
Q4. Who are the key sandwich packaging market companies?
Answer: Some of the key sandwich packaging companies are as follows:
• Amcor
• Schur Flexibles Holding
• Klockner Pentaplast
• Clondalkin
• A & K Ecofilm
• Constantia Flexibles
• Anchor Packaging
Q5. Which sandwich packaging market segment will be the largest in future?
Answer: Lucintel forecasts that paper is expected to witness the highest growth over the forecast period.
Q6. In sandwich packaging market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the sandwich packaging market by type (paper, plastic, metal, and others), application (manufacturers, distributors, retailers, and online retail), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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