Confectionery Wrappers Market size was valued at USD 3.15 Billion in 2024 and is projected to reach USD 5.20 Billion by 2033, exhibiting a CAGR of 6.2% from 2026 to 2033.
The global confectionery wrappers market was valued at USD 7.2 billion in 2022 and is projected to expand at a compound annual growth rate (CAGR) of 4.5% from 2022 to 2030. This growth is driven by the increasing demand for packaged confectionery products, particularly in emerging markets. North America held a significant share of the market in 2022, contributing approximately USD 2.4 billion, with the rising consumption of chocolate and candies fueling demand for high quality packaging. The Asia Pacific region is expected to witness the highest growth rate during the forecast period, with a CAGR of 5.2%, driven by expanding urbanization and the growing middle class population in countries such as China and India, which is leading to increased consumption of packaged confectionery items.
Europe also represented a substantial share of the market in 2022, valued at approximately USD 2 billion, with key countries like Germany and the UK being major contributors to the demand for confectionery wrappers. Latin America and the Middle East & Africa regions are witnessing steady growth in the confectionery wrappers market due to increasing demand for confectionery products in these areas, along with rising disposable incomes. The demand for eco friendly, sustainable wrappers is opening new opportunities in the market, as consumers and manufacturers focus on reducing environmental impact while maintaining product quality and shelf life. This shift towards sustainability is expected to drive innovation in packaging materials and technologies, further boosting market growth in the coming years.
Get | Download Sample Copy with TOC, Graphs & List of Figures @ http://verifiedmarketreports.com/download-sample/?rid=86940&utm_source=Pulse_G_April&utm_medium=212
Â
Bemis Company Inc.
Sonoco Products Company
Amcor Limited
Silgan Holdings Inc.
Westrock co Inc.
Aptar Group
Crown holdings Inc.
Graphic Packaging International
Graham Packaging Company Inc.
Â
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
Get Discount On The Purchase Of This Report @ https://www.verifiedmarketreports.com/ask-for-discount/?rid=86940&utm_source=Pulse_G_April&utm_medium=212
Growing demand for below applications around the world has had a direct impact on the growth of the Global Confectionery Wrappers Market
Plastic
Paper
Aluminum Foil
Biodegradable Materials
Chocolate Wrappers
Candy Wrappers
Gum Wrappers
Baked Goods Wrappers
Single Wrap
Flow Wrap
Stand-up Pouches
Bags
Protection
Decoration
Awareness (Promotional)
Safety (child-proof)
Food & Beverage
Retail
Wholesale
Online Commerce
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
For More Information or Query, Visit @ https://www.verifiedmarketreports.com/product/global-confectionery-wrappers-market-growth-2019-2024/
1. Introduction of the Global Confectionery Wrappers Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Confectionery Wrappers Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Confectionery Wrappers Market, By Type
6. Global Confectionery Wrappers Market, By Application
7. Global Confectionery Wrappers Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Confectionery Wrappers Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading Research and Consulting firm servicing over 5000+ US clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/