What Has Been The Evolution of the Skin Packaging Market in Recent Years?
The skin packaging market has seen considerable growth due to a variety of factors.
• Over the last few years, there has been a significant increase in the size of the skin packaging market. The market, which stood at $11.78 billion in 2024, is projected to reach $12.51 billion in 2025, reflecting a compound annual growth rate (CAGR) of 6.1%.
Factors contributing to the expansion during the historic period include demand from the retail industry, the need for visibility and appealing display in products, affordable packaging solutions, opportunities for customization and branding, as well as adherence to regulations in the food industry.
What Is the Forecasted Market Size and Growth Rate for The Skin Packaging Market Size In The Coming Years?
The skin packaging market is expected to maintain its strong growth trajectory in upcoming years.
• In the coming years, the market size of skin packaging is anticipated to witness substantial growth, reaching a value of $15.65 billion by 2029 with a compound annual growth rate (CAGR) of 5.8%.
The growth during the forecast timeframe can be linked to factors such as the rise in e-commerce packaging solutions, enhanced focus on the recyclability factor, expanding global retail chains, and an increase in consumer demand for freshness. The forecast period is also likely to observe prominent trends including advancements in packaging machinery technology, material technology innovations, the incorporation of modified atmosphere packaging (map), development in printing and graphic design, the integration of intelligent packaging technologies, as well as customization and brand differentiation.
What Factors Are Driving Growth In The Skin Packaging Market?
The skin packaging market's advancement is projected to be fueled by the escalating demand within the food sector. Activities in the food industry span from production and processing to distribution and consumption of food items. Skin packaging, celebrated for its capability to offer both aesthetic appeal and a protective barrier for food products, is popular among food industry players due to its potential to amplify product visibility and freshness. For example, data from Statistics Sweden, a government organization in Sweden, indicated that food and beverage sales experienced a 2.9% rise, reaching $29.85 billion (SEK 334 billion) in September 2022. As such, the proliferating demand in the food sector serves as a primary driver for the expansion of the skin packaging market.
What Are The Main Segments Of The Global Skin Packaging Market?
The skin packaging market covered in this report is segmented –
1) By Type: Carded Skin Packaging, Non-Carded Skin Packaging
2) By Base Material: Plastic Films, Paper And Paperboard, Polyethylene, Base Materials
3) By Application: Food, Consumer Goods, Industrial Goods
Subsegments:
1) By Carded Skin Packaging: Rigid Carded Skin Packaging, Flexible Carded Skin Packaging
2) By Non-Carded Skin Packaging: Blister Packs, Tray And Film-Based Skin Packaging
Pre-Book The Skin Packaging Global Market Report 2025 Report For Swift Delivery And Comprehensive Insights:
What Emerging Trends Are Influencing The Growth Of The Skin Packaging Market?
Companies that are prominent in the skin packaging sector are creating groundbreaking products, such as skin films, to accommodate customer needs more effectively. Skin films, also known as vacuum skin packaging (VSP) films, are a form of thin, see-through plastic that snugly wraps products onto a baseboard or tray. For example, Wentus GmbH, a plastic manufacturer from Germany, introduced WENTOPRO SkinTight 20 UHT and UHT-M skin films in March 2023. These films, designed for packaging uses, reportedly offer superior shine, strength, cutting, and sealing qualities, leading to an increase in productivity and a decrease in waste. The WENTOPRO SkinTight 20 UHT and UHT-M films meet the US standards for fresh fish packaging, with an oxygen permeability rate of more than 10,000 cm2 (m2d bar).
Who Are the Key Players In The Skin Packaging Market?
Major companies operating in the skin packaging market report are:
• Dow Chemical Company
• Westrock Company
• Berry Global
• Amcor PLC
• Tetra Pak International SA
• Sealed Air Corporation
• MULTIVAC Sepp Haggenmüller SE & Co. KG
• Windmöller & Hölscher
• Bemis CompanyInc.
• ProAmpac
• Ampac Group
• Flexopack SA
• Linpac Packaging Limited
• Gruppo Fabbri
• G.Mondini SPA
• Display Pack Inc.
• Stamar Packaging
• Schur Flexibles Group
• PAC Machinery
• Clondalkin Group
• Universal Plastic Bag Co.
• KM Packaging Services Ltd.
• Solidus Communications Inc.
• Plastopil Hazorea Co. Ltd.
• Shawnee Chemical
What Is The Most Dominant Region In The Skin Packaging Market?
North America was the largest region in the skin packaging market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the skin packaging market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
