In the APAC region, the e-commerce platform in the food business has achieved significant traction. As per Global Market Insights, Asia Pacific Food Packaging Market size was valued at over USD 125 billion in 2018 and is estimated to exhibit over 4.5% CAGR from 2019 to 2025. APAC region not only offers a diverse choice of food products, but also ensures prompt delivery and proper packaging. As a result of the expansion of e-commerce, food packaging demand is expected to climb. A proper and advanced packaging not only preserves the product's quality but also extends its shelf life. Furthermore, it enables manufacturers to keep appropriate inventory with sufficient lead time for the next supply of perishable food products. Besides, packaging plays an important part in the value chain from the distributor's perspective by ensuring the quality of the manufactured food for a longer period of time and better transportation. The present societal and economic trends for processed and packaged food consumption have increased dramatically in recent years. Consumption of packaged breakfast cereals and other meals has increased dramatically over the years, propelling the packaged food business to new heights.
On the basis of technology, the Asia-Pacific food packaging market is divided into retort packaging, aseptic packaging, active packaging, and others. Retort packaging is the fastest-growing packaging technology. Owing to low manufacturing cost that uses laminates of flexible plastic and metal foils. Furthermore, convenient transportation and storage due to its lightweight nature will propel its demand by 2025.
To help CTOs, CIOs, and CEOs find the right Food Packaging Solution Provider, a distinguished selection panel comprising of CEOs, CIOs, VCs, industry analysts, and the Food and Beverages Tech Review APAC’s editorial board has selected a list of food packaging solution providers that exhibit innovative technologies combined with latest financial strategies.
We have considered the vendor’s ability in building solutions and services that can effectively yet economically account for productive wealth management, keeping in mind the factor of time-focused delivery. We present to you Food & Beverage Technology Review APAC’S “Top 10 Food Packaging Solutions Companies in APAC - 2022.”
