Skin Packaging Market Size By Material (Plastic, Paper & Paperboard), By Type (Carded Skin Packaging, Non-Carded Skin Packaging), By Application (Food, Consumer Goods, Industrial Goods), By Geographic Scope And Forecast
Report ID: 144313|No. of Pages: 202
Skin Packaging Market Size By Material (Plastic, Paper & Paperboard), By Type (Carded Skin Packaging, Non-Carded Skin Packaging), By Application (Food, Consumer Goods, Industrial Goods), By Geographic Scope And Forecast
Skin Packaging Market Size and Forecast
Skin Packaging Market size was valued at USD 10.54 Billion in 2024 and is projected to reach USD 15.58 Billion by 2031, growing at a CAGR of 5.00% from 2024 to 2031.
- Skin packaging is a packaging technique where a thin plastic film is heated and draped over a product, then vacuum-sealed to a specially prepared paperboard backing.
- This method is utilized to protect products from environmental factors, extend shelf life, and enhance visual appeal.
- Furthermore, common applications for skin packaging include food products, consumer goods, and industrial parts where product visibility and protection are prioritized.
Skin Packaging Market Dynamics
The key market dynamics that are shaping the skin packaging market include:
Key Market Drivers
- Growth in Food and Retail Packaging Demand: The growing desire for longer shelf lives for perishable goods in the food and retail industries is a major driver of the skin packaging market. According to the Food and Agriculture Organization (FAO), worldwide food waste totals approximately 1.3 billion tons per year, with improved packaging viewed as critical to minimizing this loss.
- Increasing Preference for Sustainable Packaging: The drive to environmentally friendly packaging solutions is propelling the skin packaging market forward. According to a United Nations Environment Programme (UNEP) estimate, more than 300 million tons of plastic trash are generated each year, creating a growing demand for sustainable packaging alternatives such as recyclable skin packaging.
- Rising Demand in the Meat and Seafood Industry: Skin packaging is commonly used in the meat and seafood industries to maintain freshness and enhance shelf life. According to the United States Department of Agriculture (USDA), per capita consumption of red meat and poultry in the United States will exceed 224 pounds in 2021, resulting in an increased demand for effective packaging options such as skin packing.
Key Challenges:
- Fluctuating Raw Material Costs: The prices of plastics and other materials used in skin packaging are subject to volatility, which impacts profit margins for manufacturers. This challenge is being addressed through the development of cost-effective alternative materials.
- Competition from Alternative Packaging Solutions: Skin packaging faces competition from other packaging technologies such as modified atmosphere packaging and vacuum packaging. The market is being challenged to continuously innovate to maintain its competitive edge.
Key Trends:
- Integration of Smart Packaging Technologies: Smart packaging features such as QR codes and NFC tags are being incorporated into skin packaging. These technologies are being used to provide product information, track freshness, and enhance consumer engagement.
- Customization and Personalization: There is a growing trend towards customized skin packaging solutions to meet specific product requirements and brand differentiation needs. This trend is being driven by advancements in manufacturing technologies that allow for greater flexibility in design.
- Focus on Barrier Properties: Enhanced barrier properties are being developed to improve the protection against moisture, oxygen, and other environmental factors. This trend is particularly relevant for sensitive products in the food and pharmaceutical industries.
- Adoption of Mono-material Solutions: To improve recyclability, there is a shift towards mono-material skin packaging solutions. These packages are being designed to be made from a single type of plastic, making them easier to recycle.
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Skin Packaging Market Regional Analysis
The regional analysis of the skin packaging market is provided below:
North America:
- According to Verified Market Research, North America is estimated to dominate the skin packaging market over the forecast period. The growing consumption of packaged meat and seafood in North America is a key driver for the skin packaging market. According to the U.S. Department of Agriculture (USDA), per capita meat consumption in the U.S. reached over 224 pounds in 2021. This high demand for meat products, which require extended shelf
- North America’s increasing focus on reducing food waste is also boosting the demand for skin packaging. A report by the U.S. Environmental Protection Agency (EPA) highlighted that in 2018, over 63 million tons of food were wasted in the U.S. alone. Skin packaging helps preserve freshness, significantly contributing to reducing waste in the food supply chain.
- Furthermore, the rising consumer awareness regarding sustainability and eco-friendly packaging is driving growth in the North American skin packaging market. According to a 2020 report by the U.S. Plastics Pact, over 60% of consumers prefer products with recyclable or sustainable packaging. This trend supports the adoption of skin packaging, which offers environmentally friendly alternatives for various industries.
Europe:
- Europe region is estimated to exhibit substantial growth during the forecast period. Europe is witnessing a significant shift toward sustainable packaging due to stringent environmental regulations and consumer preferences. According to the European Commission, around 40% of plastic produced in Europe is used for packaging, and regulations like the European Plastics Strategy aim to have all packaging recyclable by 2030. This push for sustainability drives the demand for recyclable skin packaging.
- The rapid growth of the food retail sector, especially in ready-to-eat and frozen food categories, is a major driver for skin packaging in Europe. A report by Eurostat states that the retail sale of food products in the EU reached €1.2 trillion in 2021, with skin packaging playing a crucial role in maintaining product freshness and quality.
- Furthermore, despite Europe’s focus on plant-based diets, meat and seafood consumption remains significant, driving demand for skin packaging. According to the European Commission’s Agriculture and Rural Development report, Europe’s per capita meat consumption was 69.8 kg in 2020, sustaining the need for packaging solutions that offer extended shelf life and product safety, such as skin packaging.
Skin Packaging Market: Segmentation Analysis
The Skin Packaging Market is segmented based on Material, Type, Application, and Geography.
Skin Packaging Market, By Material
- Plastic
- Paper & Paperboard
Based on Material, the market is segmented into Plastic and Paper & Paperboard. The plastic segment is expected to dominate the skin packaging market due to its versatility, clarity, and barrier properties. Plastics such as PVC, PE, and PET are being widely used for their ability to conform tightly to product contours and provide excellent protection. While paper and paperboard are gaining traction due to sustainability concerns, plastics are still preferred for their superior performance in maintaining product freshness and extending shelf life. Innovations in recyclable and bio-based plastics are further solidifying the dominance of this segment.
Skin Packaging Market, By Type
- Carded Skin Packaging
- Non-Carded Skin Packaging
Based on Type, the market is segmented into Carded Skin Packaging and Non-Carded Skin Packaging. The carded skin packaging segment is projected to grow at the highest CAGR in the skin packaging market. Carded skin packaging, where products are mounted on a paperboard backing, is being favored for its ability to combine product protection with marketing opportunities. The flat, rigid backing provides space for branding, product information, and promotional messages, which is particularly valued in retail environments. Additionally, carded skin packaging is being increasingly adopted in the consumer goods and hardware industries for its ability to prevent pilferage and create attractive point-of-sale displays.
Skin Packaging Market, By Application
- Food
- Consumer Goods
- Industrial Goods
Based on Application, the market is divided into Food, Consumer Goods, and Industrial Goods. The food segment is expected to dominate the market over the forecast period. Skin packaging is being widely adopted in the food industry for its ability to extend the shelf life of perishable products such as meat, poultry, and seafood. The technique’s ability to prevent dehydration, reduce oxidation, and maintain product appearance is being highly valued by food manufacturers and retailers. Furthermore, the growing demand for ready-to-cook and portion-controlled food products is driving the adoption of skin packaging in this segment. The technique’s ability to create attractive, tamper-evident packaging is also contributing to its dominance in the food sector.
Skin Packaging Market, By Geography
- North America
- Europe
- Asia Pacific
- Rest of the world
Based on Geography, the skin packaging market is classified into North America, Europe, Asia Pacific, and the Rest of the World. The Asia Pacific region is expected to witness the highest growth rate during the forecast period. This growth is being attributed to rapid urbanization, changing consumer lifestyles, and increasing disposable incomes in countries like China and India. The expansion of organized retail in the region is driving the demand for innovative packaging solutions, where skin packaging is being increasingly adopted. Furthermore, the growing food processing industry in countries like Japan, South Korea, and Australia is creating significant opportunities for skin packaging applications. The region’s focus on reducing food waste and improving food safety is also contributing to the adoption of skin packaging technologies.
Key Players
The “Skin Packaging Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Sealed Air Corporation, DuPont de Nemours, Inc., Amcor plc, Berry Global Inc., Winpak Ltd., Westrock Company, LINPAC Packaging Limited, Display Pack Inc., Mondini SPA, and G. Mondini S.p.A.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Skin Packaging Market Recent Developments
- In October 2023, a new recyclable skin film for food packaging was launched by Amcor plc. This innovation is designed to be fully recyclable in existing polyethylene recycling streams, addressing the growing demand for sustainable packaging solutions.
- In July 2023, Sealed Air Corporation introduced a new range of skin packaging solutions specifically designed for the e-commerce market. These solutions are optimized to protect products during shipping while minimizing packaging waste.
- In March 2023, Berry Global Inc. unveiled a mono-material skin packaging solution that enhances recyclability without compromising performance. This development is aimed at meeting the increasing demand for circular packaging solutions.
Report Scope
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| STUDY PERIOD | 2021-2031 |
| BASE YEAR | 2024 |
| FORECAST PERIOD | 2024-2031 |
| HISTORICAL PERIOD | 2021-2023 |
| UNIT | Value (USD Billion) |
| KEY COMPANIES PROFILED | Sealed Air Corporation, DuPont de Nemours, Inc., Amcor plc, Berry Global Inc., Winpak Ltd., Westrock Company, LINPAC Packaging Limited, Display Pack Inc., Mondini SPA, and G. Mondini S.p.A. |
| SEGMENTS COVERED | Material, Type, Application, and Geography. |
| CUSTOMIZATION SCOPE | Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope |
Research Methodology of Verified Market Research:
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• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
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• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
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Frequently Asked Questions
1 INTRODUCTION OF GLOBAL SKIN PACKAGING MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources
4 GLOBAL SKIN PACKAGING MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 GLOBAL SKIN PACKAGING MARKET, BY TYPE
5.1 Overview
5.2 Carded Skin Packaging
5.3 Non-carded Skin Packaging
6 GLOBAL SKIN PACKAGING MARKET, BY BASE MATERIAL
6.1 Overview
6.2 Plastic Films
6.3 Paper and Paperboard
6.4 Polyethylene
6.5 Others
7 GLOBAL SKIN PACKAGING MARKET, BY APPLICATION
7.1 Overview
7.2 Food
7.3 Consumer Goods
7.4 Industrial Goods
8 GLOBAL SKIN PACKAGING MARKET, BY GEOGRAPHY
8.1 Overview
8.2 North America
8.2.1 U.S.
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 U.K.
8.3.3 France
8.3.4 Rest of Europe
8.4 Asia Pacific
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 Rest of Asia Pacific
8.5 Rest of the World
8.5.1 Latin America
8.5.2 Middle East and Africa
9 GLOBAL SKIN PACKAGING MARKET COMPETITIVE LANDSCAPE
9.1 Overview
9.2 Company Market Ranking
9.3 Key Developments Strategies
10 COMPANY PROFILES
10.1 Display Pack
10.1.1 Overview
10.1.2 Financial Performance
10.1.3 Product Outlook
10.1.4 Key Developments
10.2 Linpack Packaging Limited
10.2.1 Overview
10.2.2 Financial Performance
10.2.3 Product Outlook
10.2.4 Key Developments
10.3 Berry Plastics Group
10.3.1 Overview
10.3.2 Financial Performance
10.3.3 Product Outlook
10.3.4 Key Developments
10.4 Westrock Company
10.4.1 Overview
10.4.2 Financial Performance
10.4.3 Product Outlook
10.4.4 Key Developments
10.5 Bemis Company, Inc
10.5.1 Overview
10.5.2 Financial Performance
10.5.3 Product Outlook
10.5.4 Key Developments
10.6 E.I Du Pont De Nemours and Company
10.6.1 Overview
10.6.2 Financial Performance
10.6.3 Product Outlook
10.6.4 Key Developments
10.7 Sealed Air Corporation
10.7.1 Overview
10.7.2 Financial Performance
10.7.3 Product Outlook
10.7.4 Key Developments
10.8 The DOW Chemical Company
10.8.1 Overview
10.8.2 Financial Performance
10.8.3 Product Outlook
10.8.4 Key Developments
10.9 Linpack Packaging
10.9.1 Overview
10.9.2 Financial Performance
10.9.3 Product Outlook
10.9.4 Key Developments
10.10 G. Mondini SPA
10.10.1 Overview
10.10.2 Financial Performance
10.10.3 Product Outlook
10.10.4 Key Developments
11 Appendix
11.1 Related Research
Report Research Methodology
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Data Collection Matrix
| Perspective | Primary Research | Secondary Research |
|---|---|---|
| Supplier side |
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| Demand side |
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Econometrics and data visualization model
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- Verifying the collected data in terms of accuracy and reliability.
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Industry Analysis Matrix
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