Confectionery Packaging Market Size and Companies Growth
The global confectionery packaging market size was valued at USD 11.04 billion in 2024 to calculate USD 15.73 billion by 2034, increasing at CAGR of 3.6% between 2024 and 2034.
Confectionery Packaging Market Players
- International Paper Company
- Sonoco Products Company
- WestRock Company
- Crown Holdings, Inc.
- Berry Global Group,
- Amcor plc
- Mondi plc,
- DS Smith plc,
- Sealed Air Corporation
- Smurfit Kappa Group
- Huhtamaki Oyj
- Packman Packaging
- Parkside
- Viraj Packers
- JBM Packaging
Latest Announcements by Industry Leaders
- In September 2024, Dirk Van de Put, CEO of Mondelēz International, stated that sourcing material linked to advanced recycling technologies (mass balance) helps send a signal to the broader industry and can help to drive collection, sortation, and processing of more plastic waste. The company work hard to improve confectionery packaging in order to promote a more circular packaging economy. The company accomplish this by utilizing creative collaborations, optimizing processes, and minimizing and changing packaging.
In the U.S. and Canada, Mondelèz International has declared that it will procure plastic associated with sophisticated recycling technology, commonly referred to as chemical or molecular recycling, for the packaging of most of its SKUs for its Triscuit Crackers. Triscuit is a well-known snacking brand with over a century of history and tradition. Through this program, the Triscuit brand is supporting a more circular pack economy in the United States and Canada by obtaining recycled plastics using the ISCC mass balance approach. This advances Mondeléz International's objective of having roughly 5% of its plastic come from recycled sources by 2025. Soft plastic packaging was once thought to be a one-time use item.
Recent Developments in the Confectionery Packaging Market
- In June, 2024, Saica Group in collaboration with Mondelèz have introduced a novel paper-based product that is intended to be recyclable in the paper waste stream and targets multipack items for the chocolate, biscuit, and confectionery markets. The product can be made coated or uncoated and is reportedly appropriate for the heat sealable packing process. According to the companies, it was created to satisfy the Confederation of European Paper's (CEPI) sustainability criteria.
- In October 2023, Paper Twister, a new twist-wrap packaging solution based on paper, has been introduced by the European flexible packaging manufacturer Adapa Group for use in confections and sweets.
