Sandwich and wrap packaging refers to specialized packaging used to contain and protect sandwiches and wraps during storage, transportation and display. These packaging solutions are designed to maintain the freshness, integrity and appeal of the contents, whether it is a traditional sandwich, wrap, burrito or any other similar food product.
According to the new market research report "Sandwich Packaging - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030", published by QYResearch, the global Sandwich Packaging market size is projected to grow from USD 2,547 million in 2023 to USD 3,176 million by 2029, at a CAGR of 3.7% during the forecast period.
- Global Sandwich Packaging MarketSize(US$ Million), 2018-2029
Source: QYResearch, "Sandwich Packaging - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
- Global Sandwich Packaging Top16Players Ranking and Market Share（Continually updated）
Source: QYResearch, "Sandwich Packaging - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
This report profiles key players of Sandwich Packaging such as Huhtamaki, Georgia-Pacific
In 2022, the global top five Sandwich Packaging players account for 27.64% of market share in terms of revenue. Above figure shows the key players ranked by revenue in Sandwich Packaging.
Market Drivers:
Busy lifestyles and an increasing number of people choosing to eat out are driving demand for convenient, portable sandwich packaging.
The growth in global fast food consumption and the increasing popularity of fast food restaurants have boosted the demand for efficient and attractive packaging solutions.
The proliferation of online food delivery services has created a need for packaging that maintains food quality during transportation, emphasizing features such as insulation, tamper resistance and convenience.
Growing environmental concerns have led to a shift towards sustainable packaging materials such as biodegradable materials, recyclable packaging and reduced use of plastic.
Advances in packaging technologies such as modified atmosphere packaging (MAP) and active packaging are helping to extend the shelf life of sandwiches and wraps and enhance their appeal to consumers.
Restraint:
The push for sustainable packaging, while an opportunity, is a challenge in terms of cost and finding suitable environmentally friendly materials that maintain the desired properties for sandwich packaging.
Complying with ever-evolving food safety and packaging regulations is challenging, especially when dealing with international markets that may have different standards.
The market is highly competitive, with many manufacturers offering various packaging solutions. Differentiating the product in a crowded market requires continuous innovation and strategic positioning.
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