FMCG Packaging Market Analysis
The FMCG Packaging market was valued at USD 711.56 billion in 2019 and is expected to reach USD 935.98 billion by 2025, at a CAGR of 4.6% over the forecast period from 2020 to 2025. The food and beverage industry is going through enormous changes due to factors such as changing consumer preferences, which prompt the FMCG companies to adopt new technologies and measures to offer packaging on-par with the changing trends. Modern packaging technology is being adopted by packaging vendors to improve the quality of packaging to serve a more extensive range of customers (FMCG companies) and to enable them to achieve product differentiation.
  • With the rising demand for nutritional foods among consumers, the FMCG packaging companies are innovating their packaging to preserve the nutritional value of the products that are being packed. In May 2020, sealed packages of fresh-cut produce imbibed a new technology that releases an anti-pathogenic agent inside the container to protect against bacteria, fungi, and viruses. The InvisiShield by Aptar Food is a platform technology specially formulated to release the amount of the agent to extend shelf life, maintain freshness, and improve efficacy in food safety. The company's next launch is on tomatoes, onions, peppers, and sliced apples. The company is developing the technology to release different anti-pathogenic agents for leafy greens and berries.
  • The transportation of packed goods and consumables can have adverse effects and can also lead to a reduction of the nutritional value of the packaged contents. More and more hyperlocal supply chains are emerging in combination with consumers' desire to have information about the origin of the food products. With the recent trend of private labels, big retailers are ramping up their packaging to attract customers. According to a survey conducted by Daymon, more than half of consumers are loyal to a specific store due to its private-label brands. Moreover, the report also found that 85% of consumers believed they trust a private brand just as much as a national brand, and 81% said that they purchase an individual brand product during every shopping trip.
  • Modern developments in the seafood packaging are becoming more sophisticated and more attuned to the social inclinations touted by consumers, retailers, and for essential foodservice buyers who shop for them. Sustainability of seafood has been a robust trend promoting a healthy seafood resource for generations to come. The same idea is now being focused on the viability of packaging used to protect and ship seafood. According to consumer-facing packager Bemis, the concern for sustainable practices from all areas of the supply chain is expected to continue to increase. Many beverage companies are showing interest in transforming their packaging and, thereby, switching from bottles to aluminum cans for water and introducing interactive digital platforms.
  • With the outbreak of COVID-19, consumer goods are considered necessity products and do not react to slowdowns as much as products in other sectors. However, the stock prices of FMCG companies, like Unilever and Procter & Gamble, dropped 15.6% and 6.7% respectively over 21 February-17 March 2020. The consumer demand pattern has been up due to stock-piling behaviors, and hence, supply chain disruptions were evident. For instance, milk producers have been reducing prices in the United Kingdom. For example, Medina Dairies in the United Kingdom have cut their cost by 2p per liter to a standard 23.75p per liter from May 1st, 2020. Also, with small distributors of the F&B segment, concerning packaging material, manufacturing would face financial hurdles as the shopping has gone online along with stricter regulations.

FMCG Packaging Industry Segments
Fast-Moving Consumer Goods (FMCG) or Consumer Packaged Goods products are sold quickly and at a relatively low price. Examples include various non-durable goods such as packaged foods, beverages, toiletries, over-the-counter drugs, and other consumables. The Material Types of FMCG Packaging include Paper and Paperboard, Plastic, Metal, and Glass.

Material
  • Paper and Paperboard
  • Plastic
  • Metal
  • Glass
Application
  • Beverages
  • Food
  • Household and Personal Care
  • Other End-User Industries (Pet Care, Tobacco products)
Geography
  • North America
    • United States
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America (Colombia, Argentina, etc.)
  • Middle East & Africa
    • Gulf Cooperation Council (GCC)
    • Egypt
    • Nigeria
    • Kenya
    • South Africa
    • Turkey
    • Rest of Middle East & Africa