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Sugar Packaging Market Size (2024 - 2029)

The sugar packaging market is experiencing growth driven by shifts in consumer preferences and technological advancements in packaging. The increasing demand for flexible packaging solutions, enhanced by new technologies like active and intelligent packaging, is contributing to the market's expansion. Additionally, the evolving needs for clear product information and sustainable packaging options are influencing the market dynamics. Despite challenges posed by the COVID-19 pandemic, which affected demand from bulk consumers and the hospitality sector, the market continues to adapt and grow, supported by investments in the food processing industry.

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Market Size of Sugar Packaging Industry

sugar packaging market
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR 4.00 %
Fastest Growing Market Asia Pacific
Largest Market North America
Market Concentration Medium

Major Players

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*Disclaimer: Major Players sorted in no particular order

Sugar Packaging Market Analysis

The sugar packaging market is expected to reach a CAGR of 4% during the forecast period (2021 - 2026). The changing lifestyle of the people and changing food preferences of consumers, along with the increasing population in developing nations, is expected to drive the market's growth in the forecasted period. The global consumption of sugar is likely to reach 177.8 million metric tons in 2020-2021 from 171.58 million metric tons in 2019-2020, according to the US Department of Agriculture.

  • The market is driven by a tremendous shift in preference for flexible packaging as sugar is packed in a variety of formats, both in bulk and retail. The advent of new packaging technologies, such as active packaging, intelligent packaging, and engineering science, enables flexible packaging for sugar and enhances the shelf life of sugar. According to the Flexible Packaging Association, in 2018, Food end-user segment contributed to 70% of total flexible packaging revenue worldwide (USD 31.8 billion), which is USD 22.6 billion.
  • The rapid growth of the market is primarily driven by technology-enabled solutions such as QR codes, smart labels, etc. that can be scanned using a smartphone to provide more information about the product. Also, customers look for clear product information and biodegradable, recyclable, or reusable packaging. Hence, the packaging industry is evolving to cater to the changing preferences of the consumers.
  • Moreover, considerable investments in the food processing industry end-user industries create scope for expansion of the packaging market. According to recent data released by the Associated Chambers of Commerce and Industry of India, the market size for organized packaged food is expected to reach INR 780 million, in 2020, from INR 530 million, in 2016.
  • Due to the outbreak of COVID-19, the sugar packaging industry is significantly impacted. There is a drastic decline in demand for sugar from the bulk consumers as commodities like ice cream, cold drinks, and confectionery are produced less during this period. Moreover, hotel, retail, and catering market segment, which are one of the largest consumers of sugar, are severely impacted by the national lockdown.

Sugar Packaging Industry Segmentation

Sugar has a high rate of consumption. Market players of sugar packaging solutions are expected to make persistent efforts to adopt sustainable packaging solutions.

By Product Type
Bags & Pouches
Sachets & Containers
Sacks
Other Types of Customized Packaging Formats
By Material Type
Paper-based
Plastics
Others (Steel, etc.)
Geography
North America
United States
Canada
Europe
United Kingdom
Germany
France
Russia
Asia Pacific
India
China
Indonesia
Rest of Asia Pacific
Rest of the World
Brazil
Mexico
Africa
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Sugar Packaging Market Size Summary

The sugar packaging market is poised for growth, driven by evolving consumer lifestyles and preferences, particularly in developing nations. The shift towards flexible packaging solutions is a significant trend, as these offer enhanced shelf life and adaptability for both bulk and retail sugar products. Innovations in packaging technologies, such as active and intelligent packaging, are further propelling this market expansion. The demand for clear product information and sustainable packaging options, like biodegradable and recyclable materials, is reshaping the industry. The COVID-19 pandemic has impacted the market, particularly affecting bulk sugar demand from sectors like hospitality and retail. However, the market is expected to recover and continue its growth trajectory, supported by technological advancements and increased investments in the food processing industry.

Plastic packaging remains a dominant force in the sugar packaging market due to its functional benefits, such as moisture and waterproofing. The Asia-Pacific region is anticipated to experience the highest growth, fueled by innovations in food packaging and rising consumer demand for sugar confectionery. Regulatory frameworks in the region, particularly those promoting the use of paper and recycled materials, are expected to further influence market dynamics. The market is moderately fragmented, with key players focusing on product customization and the adoption of sustainable materials to align with regulatory standards. Recent developments, such as Mondi's new paper sack converting machine, highlight the industry's commitment to enhancing packaging solutions and meeting evolving consumer and regulatory demands.

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Sugar Packaging Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

      1. 1.2.1 Steady increase in the consumption of sugar in major countries such as India, China and EU regions

      2. 1.2.2 Rising demand for customized packaging formats and sustainable materials such as paper-based pouches

    3. 1.3 Market Challenges (Operational and regulatory concerns faced by the manufacturers)

    4. 1.4 Industry Ecosystem Analysis (Sugar manufacturers| Contract Packagers| Packaging Equipment Providers| Packaging vendors)

    5. 1.5 Industry Attractiveness - Porter's Five Forces Analysis

      1. 1.5.1 Bargaining Power of Suppliers

      2. 1.5.2 Bargaining Power of Consumers

      3. 1.5.3 Threat of New Entrants

      4. 1.5.4 Intensity of Competitive Rivalry

      5. 1.5.5 Threat of Substitute Products

    6. 1.6 Impact of COVID-19 on the Packaging industry

    7. 1.7 Major innovations in Sugar Packaging

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Product Type

      1. 2.1.1 Bags & Pouches

      2. 2.1.2 Sachets & Containers

      3. 2.1.3 Sacks

      4. 2.1.4 Other Types of Customized Packaging Formats

    2. 2.2 By Material Type

      1. 2.2.1 Paper-based

      2. 2.2.2 Plastics

      3. 2.2.3 Others (Steel, etc.)

    3. 2.3 Geography

      1. 2.3.1 North America

        1. 2.3.1.1 United States

        2. 2.3.1.2 Canada

      2. 2.3.2 Europe

        1. 2.3.2.1 United Kingdom

        2. 2.3.2.2 Germany

        3. 2.3.2.3 France

        4. 2.3.2.4 Russia

      3. 2.3.3 Asia Pacific

        1. 2.3.3.1 India

        2. 2.3.3.2 China

        3. 2.3.3.3 Indonesia

        4. 2.3.3.4 Rest of Asia Pacific

      4. 2.3.4 Rest of the World

        1. 2.3.4.1 Brazil

        2. 2.3.4.2 Mexico

        3. 2.3.4.3 Africa

Sugar Packaging Market Size FAQs

The Sugar Packaging Market is projected to register a CAGR of 4% during the forecast period (2024-2029)

Mondi Group ​, United Bags​ Inc., FLexPack​, Grupo Bio Pappel​ and Swiss Pack Limited​ are the major companies operating in the Sugar Packaging Market.

Sugar Packaging Market Report Snapshots

Sugar Packaging Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)