Chocolate Packaging Market by Type and Geography - Forecast and Analysis 2021-2025

The chocolate packaging market share is expected to increase by USD 3.82 billion from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 6.13%.

This chocolate packaging market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers chocolate packaging market segmentation by type (flexible packaging and rigid packaging) and geography (Europe, North America, APAC, MEA, and South America). The chocolate packaging market report also offers information on several market vendors, including Amcor Plc, AS Food Packaging, ATP - Engineering & Packaging SL, Futuristic Packaging Pvt. Ltd., John C. Brow Ltd., Mondi Group, Smurfit Kappa Group Plc, Swiss Pac Pvt. Ltd., WestRock Co., and Wihuri International Oy among others.

What will the Chocolate Packaging Market Size be During the Forecast Period?

Download the Free Report Sample to Unlock the Chocolate Packaging Market Size for the Forecast Period and Other Important Statistics

 

Chocolate Packaging Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a positive impact on the market growth during and post COVID-19 era. The premiumization of chocolate packaging is notably driving the chocolate packaging market growth, although factors such as an increase in raw material prices may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the chocolate packaging industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Chocolate Packaging Market Driver

The premiumization of chocolate packaging will fuel the growth of the chocolate packaging market size. There is an increase in the demand for premium chocolates across the globe due to which vendors are innovating premium cardboard-based luxury packaging solutions. Chocolate manufacturers are positioning premium chocolates as well as premium chocolate packaging as gifting options. Consumers get attracted by the exclusiveness of the packaging, thereby fostering the demand for premium and luxury packaging, further boosting the chocolate packaging market across the globe. Unique consumption experiences are increasing the demand for these chocolates, especially in the festive season, and keeping consumers coming back for more.

Key Chocolate Packaging Market Trend

This significant increase in the demand for chocolate, especially in the festive seasons, is estimated to boost the demand for the chocolate packaging market across the globe during the forecast period.  The demand for chocolate increases manifold during the festive season as individual chocolate consumption increases along with the rising trend of gifting chocolate. Chocolate brands are aware that holidays are gift-giving occasions, and therefore, they manufacture different types of chocolates with alluring packaging to cater to consumer demand. The packaging of seasonal chocolates includes special features and designs related to the festival or the season. There is a high demand for special packaging for seasonal chocolates across the globe, and it is increasing on a year-over-year basis.

Key Chocolate Packaging Market Challenge

An increase in raw material prices is a major hindrance to the chocolate packaging market growth. The raw material for the chocolate packaging market is divided into segments, including flexible chocolate packaging and rigid chocolate packaging. Flexible chocolate packaging includes aluminum foil, paper, and plastic, whereas rigid packaging includes metal such as tin, cardboard, and plastic trays. An increase in the price of propylene in the US is having a direct impact on plastic packaging prices, which is increasing the overall cost of chocolate packaging in the country. This increase in price is due to more demand and inefficient supply of the material, which is estimated to rise in the forecast period. Along with this, aluminum prices are also expected to rise in the forecast period. Adding to it, an increase in the paper price is leading to a rise in the price of cardboard, and these are estimated to have a direct impact on the global chocolate packaging market.

This chocolate packaging market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Parent Market Analysis

Technavio categorizes the global chocolate packaging market as a part of the global metal and glass containers market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the chocolate packaging market during the forecast period.

Who are the Major Chocolate Packaging Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

• Amcor Plc
• AS Food Packaging
• ATP - Engineering & Packaging SL
• Futuristic Packaging Pvt. Ltd.
• John C. Brow Ltd.
• Mondi Group
• Smurfit Kappa Group Plc
• Swiss Pac Pvt. Ltd.
• WestRock Co.
• Wihuri International Oy

 

This statistical study of the chocolate packaging market encompasses successful business strategies deployed by the key vendors. The chocolate packaging market is fragmented and the vendors are deploying growth strategies such as organic and inorganic strategies to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The chocolate packaging market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Chocolate Packaging Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the chocolate packaging market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

The value chain of the metal and glass containers market includes the following core components:

• Inputs
• Inbound logistics
• Operations
• Outbound logistics
• Marketing and sales
• Service
• Support activities
• Innovation

The report has further elucidated on other innovative approaches being followed by manufacturers to ensure a sustainable market presence.

 

Which are the Key Regions for Chocolate Packaging Market?

For more insights on the market share of various regions Request for a FREE sample now!

32% of the market's growth will originate from Europe during the forecast period. UK and Italy are the key markets for the chocolate packaging market in Europe. Market growth in this region will be faster than the growth of the market in regions.

The presence of major vendors in the region will facilitate the chocolate packaging market growth in Europe over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating Type Segments in the Chocolate Packaging Market?

To gain further insights on the market contribution of various segments Request for a FREE sample

The chocolate packaging market share growth in the flexible packaging segment will be significant during the forecast period. Chocolate packaging plays a significant role in the overall sustainability of the product. Aluminum foil is often used as thin sheets because it is light in weight and contributes to flexible, sustainable packaging. 

This report provides an accurate prediction of the contribution of all the segments to the growth of the chocolate packaging market size and actionable market insights on post COVID-19 impact on each segment.

 

Chocolate Packaging Market Scope
Report Coverage	Details
Page number	120
Base year	2020
Forecast period	2021-2025
Growth momentum & CAGR	Accelerate at a CAGR of 6.13%
Market growth 2021-2025	$ 3.82 billion
Market structure	Fragmented
YoY growth (%)	5.60
Regional analysis	Europe, North America, APAC, MEA, and South America
Performing market contribution	Europe at 32%
Key consumer countries	US, China, UK, Italy, and Canada
Competitive landscape	Leading companies, Competitive strategies, Consumer engagement scope
Key companies profiled	Amcor Plc, AS Food Packaging, ATP - Engineering & Packaging SL, Futuristic Packaging Pvt. Ltd., John C. Brow Ltd., Mondi Group, Smurfit Kappa Group Plc, Swiss Pac Pvt. Ltd., WestRock Co., and Wihuri International Oy
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Request for a FREE sample

What are the Key Data Covered in this Chocolate Packaging Market Report?

• CAGR of the market during the forecast period 2021-2025
• Detailed information on factors that will drive chocolate packaging market growth during the next five years
• Precise estimation of the chocolate packaging market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the chocolate packaging industry across Europe, North America, APAC, MEA, and South America
• A thorough analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of chocolate packaging market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch