Skin Packaging Market Size To Reach $15.37 Billion By 2030

Skin Packaging Market Growth & Trends

The global skin packaging market size is estimated to reach USD 15.37 billion by 2030, registering to grow at a CAGR of 4.2% from 2024 to 2030 according to a new report by Grand View Research, Inc. Rising demand for cost-effective packaging solutions coupled with increasing focus on reducing the volume of packaging material required is expected to benefit the market growth.

Factors including rapid urbanization, changing lifestyles, and growing disposable incomes are likely to propel the demand for packaged goods, which is in turn likely to have a positive impact on the market growth. In addition, the increasing demand for innovative packaging solutions that ensure minimum product wastage is anticipated to boost the market growth.

Skin packaging offers several benefits such as increased shelf life of several food products, which helps minimize food wastage. In addition, it contours to the shape of the product without deforming it. The transparent and glossy film assists in attractive product presentation, thereby showcasing the product. Furthermore, the use of protective packaging fillers is reduced, thus making it an economical packaging option.

Plastic is the most commonly used material for skin packaging. Fluctuations in the prices of various plastic materials is further likely to impact the market growth. In addition, stringent regulations pertaining to plastic waste is expected to hamper the market growth over the forecast period. Thus, key players operating in the market are focusing on manufacturing products from sustainable materials such as bioplastics.

The skin packaging market is expected to be largely driven by the increasing demand for meat and poultry products especially in the developing countries in the Asia Pacific and Central & South America region. In addition, factors including affordability coupled with the growing middle-class population in these regions is further likely to strengthen the meat & poultry demand, which is in turn, likely to benefit the market growth.

 Request a free sample copy or view report summary: Skin Packaging Market Report

Skin Packaging Market Report Highlights

• Plastics dominated the market and accounted for the largest revenue share of 60.8% in 2023. Using a transparent polyethylene plastic film that is tightly wrapped around the product and vacuum sealed to a paperboard backer card offers protection and visibility for the product.

• Paper & paperboard are projected to grow significantly at a CAGR of 5.7% over the forecast period.

• Industrial goods application use led the market and accounted for the largest revenue share of 36.6% in 2023.

• Asia Pacific skin packaging dominated the global market and accounted for the largest revenue share of 41.1% in 2023.

Skin Packaging Market Segmentation

Grand View Research has segmented the global skin packaging market based on material, application, and region:

Skin Packaging Material Outlook (Revenue, USD Billion, 2018 - 2030)

• Plastics

• Paper & Paperboard

• Others

Skin Packaging Application Outlook (Revenue, USD Billion, 2018 - 2030)

• Food

  • Meat

  • Fish and Seafood

  • Processed Food

  • Cheese

• Industrial Goods

• Medical Devices

• Durable Consumer Goods

Skin Packaging Regional Outlook (Revenue, USD Billion, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • UK

  • Germany

  • France

  • Italy

  • Spain

• Asia Pacific

  • China

  • India

  • Japan

• Latin America

  • Brazil

  • Argentina

• Middle East and Africa (MEA)

  • South Africa

  • Saudi Arabia

  • UAE

List of Key Players in Skin Packaging Market

• PROAMPAC.

• PLASTOPIL

• Sealed Air

• Amcor plc

• MULTIVAC

• Klöckner Pentaplast

• FLEXOPACK S.A.

• WINPAK LTD.

• Shanying International Holding Co., Ltd.

• Coveris.