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Composite Packaging Market To Reach $69.53Bn By 2030

Composite Packaging Market To Reach $69.53 Billion By 2030

February 2025 | Report Format: Electronic (PDF)

Composite Packaging Market Growth & Trends

The global composite packaging market size is anticipated to reach USD 69.53 billion by 2030, growing at a CAGR of 5.7% from 2025 to 2030, according to a new report by Grand View Research, Inc. The market is experiencing significant growth, driven primarily by the rising demand for sustainable and environmentally friendly packaging solutions. Manufacturers are increasingly adopting composite materials that combine different elements, such as paper, aluminum, and polymers, to create packaging that offers superior protection while reducing environmental impact. For example, companies such as Tetra Pak have pioneered multilayer composite packaging that extends product shelf life while using fewer resources than traditional packaging methods.

The food and beverage industry remains the largest application segment of composite packaging, particularly in emerging economies where urbanization and changing lifestyles are driving demand for convenient, ready-to-eat products. Composite packaging's ability to preserve food quality, prevent contamination, and extend shelf life makes it particularly valuable for products such as dairy, juices, and processed foods. Modern composite packages often incorporate features such as easy-pour spouts, resealable openings, and tamper-evident seals, enhancing consumer convenience while maintaining product integrity.

Technological advancements in material science and manufacturing processes are enabling the development of more sophisticated composite packaging solutions. Innovations include smart packaging with embedded sensors for monitoring freshness, improved barrier properties against oxygen and moisture, and enhanced recyclability. Companies are investing in research and development to create composite materials that maintain performance while reducing their carbon footprint.

Moreover, the growing emphasis on circular economy principles and stricter environmental regulations worldwide is reshaping the composite packaging landscape. Manufacturers are facing pressure to develop solutions that are not only functional but also easily recyclable or biodegradable. This has led to innovations in material design and recycling technologies, such as the development of mono-material composites that are easier to recycle, and improved separation technologies for multi-layer materials. The healthcare sector is also emerging as a significant market for composite packaging, particularly for pharmaceutical products and medical devices that require specialized protection and sterile conditions.

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Composite Packaging Market Report Highlights

The plastic material segment accounted for the largest share of over 59.0% of the market in 2024. The paper & paperboard material segment is expected to grow at the fastest CAGR of 5.8% during the forecast period
Based on application, the food & beverage application segment dominated the composite packaging market in 2024 by accounting for the largest revenue share of over 33.0%
The household products application segment is expected to grow at the fastest CAGR of 6.6% over the forecast period of 2025 to 2030
In November 2023, Tetra Pak International S.A. and Lactogal Produtos Alimentares S.A. launched a new sustainable aseptic carton for milk, which significantly reduces its carbon footprint by one-third and increases the renewable content to 90%. This carton, made of about 80% paperboard, features a paper-based barrier and has been certified as Carbon Neutral by the Carbon Trust. The launch follows successful consumer testing in 2022 and is part of a larger validation effort in Portugal, involving around 25 million packages