Baby food packaging market on a steady upward spiral

Focus on safety and quality after Covid

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Baby food
Features such as safety, reusability, hygiene, lightweight, and ease to carry has increased the adoption of flexible packaging (Unsplash)

The baby food packaging market is on a growth trajectory, riding on safety and hygiene concerns after the Covid pandemic as well as a spike in demand.

According to GlobeNewsWire, the global baby food packaging market is expected to grow by 2048.39 million units during 2022-2026, accelerating at a CAGR (Compound annual growth rate) of 4.41% during the forecast period. A rise in demand for flexible packaging and the adoption of eco-friendly packaging and smart packaging options for baby food will lead to sizeable demand in the market.

Some of the key companies in the market include Rexam, Tata Tinplate Company of India, Bericap, Pretium Packaging, Bemis Company, Hood Packaging, Ball, Hindustan National Glass & Industries (HNGI), and Tetra Pak.

Research from Grandview states that the global baby food packaging market size was estimated at US$ 50.64 billion in 2018 and was projected to expand further at a CAGR of 7.0% from 2019 to 2025. Furthermore, an increasing number of nuclear families in developing countries, including Mexico, Brazil, China, and India is expected to have a positive impact on market growth.

In addition, constant product innovations, in terms of designs and materials, are projected to boost the demand further. The development of biodegradable materials, such as paper, is expected to provide new growth opportunities to the market. For instance, in September 2018, Square Baby launched recyclable cold-chain packaging products for infant foods.

Although the impact of Covid-19 was relatively less on the packaging industry in contrast to other industries, the factors such as supply chain disruption and partial closure of production facilities somewhat halted the production and distribution capacity of baby food products. The packaging industry is recovering rather quickly considering the growing demand and removal of travel restrictions.

The growing consumer preference for eco-friendly pouches and features such as safety, reusability, hygiene, lightweight, and ease to carry has increased the adoption of flexible packaging in the last ten years. Similar trends are expected to drive the growth of the market studied during the forecast period.

The impact, resilience, and growth of responsible packaging in a wide region are daily chronicled by Packaging South Asia.

A multi-channel B2B publication and digital platform such as Packaging South Asia is always aware of the prospect of new beginnings and renewal. Its 16-year-old print monthly, based in New Delhi, India has demonstrated its commitment to progress and growth. The Indian and Asian packaging industries have shown resilience in the face of ongoing challenges over the past three years.

As we present our publishing plan for 2023, India’s real GDP growth for the financial year ending 31 March 2023 will reach 6.3%. Packaging industry growth has exceeded GDP growth even when allowing for inflation in the past three years.

The capacity for flexible film manufacturing in India increased by 33% over the past three years. With orders in place, we expect another 33% capacity addition from 2023 to 2025. Capacities in monocartons, corrugation, aseptic liquid packaging, and labels have grown similarly. The numbers are positive for most of the economies in the region – our platform increasingly reaches and influences these.

Even given the disruptions of supply chains, raw material prices, and the challenge of responsible and sustainable packaging, packaging in all its creative forms and purposes has significant headroom to grow in India and Asia. Our context and coverage engulf the entire packaging supply chain – from concept to shelf and further – to waste collection and recycling. We target brand owners, product managers, raw material suppliers, packaging designers and converters, and recyclers.

In an admittedly fragmented and textured terrain, this is the right time to plan your participation and marketing support communication – in our impactful and highly targeted business platform. Tell us what you need. Speak and write to our editorial and advertising teams! For advertisement ads1@ippgroup.in , for editorial info@ippgroup.in and for subscriptions subscription@ippgroup.in

– Naresh Khanna

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