Food Packaging Market size was valued at USD 396.2 billion in 2022, growing at a significant CAGR of 7.5% during 2023 to 2029. The global market provides a detailed overview of the market and that can be segmented by Material Type, Packaging Type, Product Type, and Application. By material type, food packaging market has been segmented into Paper & Paper-based, Plastics, Metal, Glass, and Others. The paper & paper-based segment is likely to be the largest and fastest-growing segment in terms of type. Based on packaging, the market is segmented into Rigid, Semi-Rigid, and Flexible. Among these, the Rigid segment is expected to have the fastest-growing market during the forecast period 2023-2029.

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