As per the most recent analysis released by Fact.MR, the worldwide market for food packaging that is portable is valued at USD 1,952 million in 2022 and is anticipated to rise at a compound annual growth rate (CAGR) of 6.8% from 2022 to 2032, when it surpasses USD 3,760 million.

It is predicted that about 7,350 thousand tons of On-The-Go Food Packaging items will be sold, with around 28% of that amount being consumed in North America.

In the global market for on-the-go food packaging, polyethylene terephthalate is a highly-used packaging material.

Polyethylene terephthalate will continue to be a widely used packaging material in the worldwide on-the-go food packaging market for the duration of the forecast period, according on consumer level analysis and particular questionnaire results.

Recently during 2018-2019, more than 1,750 thousand tons of on-the-go food packaging products were sold in the world were made of polyethylene terephthalate.

Comprehending the aforementioned factors, polyethylene terephthalate material for on-the-go food packaging is projected to grow at 6.6% CAGR during 2022-2032 and is estimated to value around USD 447 Million in 2022.

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Global On the go Food Packaging Market Segments

• By Material :
• Polyethylene Terephthalate
• High Density Polyethylene
• Polyvinyl Chloride
• Low Density Polyethylene
• Polypropylene
• Polystyrene
• Aluminum
• Others
• By Packaging Type :
• Bottles & Jars
• Cans
• Trays
• Bags & Sacks
• Pouches & Sachets
• Others (Folding Cartons, etc.)
• By Food Type :
• Fruits & Vegetables
• Bakery & Confectionary
• Meat & Seafood
• Dairy Products
• Other Application
• By Thermoforming :
• Die Cutting
• Injection Moulding
• By Region :
• North America
• Latin America
• Europe
• East Asia
• South Asia & Oceania
• MEA

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6 Key Pointers Highlighting Fact.MR’s Forecast on Global On-the-go Food Packaging Market

• With respect to packaging materials, polyethylene terephthalate is expected to register highest consumption in the global on-the-go food packaging market. In 2017, more than 1,650 thousand tons of on-the-go food packaging products made of polyethylene terephthalate were sold globally. High density polyethylene and aluminum are also observed as key packaging materials, and are expected to register high volume CAGRs over the forecast period.
• In 2017, over 500 thousand tons of on-the-go food packaging trays were sold in the global market. The report estimates a robust demand for trays as the key type of on-the-go food packaging. The report further reveals that rigid boxes will represent the leading packaging-type segment, and will register a volume CAGR of 6.3% over the forecast period.
• By the end of forecast period, over 3,800 thousand tons of on-the-go food packaging products will be used for convenience food applications worldwide.
• In 2018 and beyond, majority of on-the-go food packaging products will be developed with thermoforming fabrication.
• The report further reveals that the US and Canada are collectively the largest marketplace for on-the-go food packaging. High consumption of on-the-go foods in these countries will continue to drive the growth of North America in the global on-the-go food packaging market. By the end of 2026, North America’s on-the-go food packaging market is estimated to register sales of over 1,900 thousand tons.
• The report also reveals that the Asia-Pacific excluding Japan (APEJ) region will be the key region for manufacturing on-the-go food packaging products. Over the forecast period, the APEJ on-the-go food packaging market is estimated to register a volume CAGR of 6.1%.

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Key Stakeholders Of The Global On-The-Go Food Packaging Industry

• Amcor Limited
• Mondi Group
• Sonoco Products Company
• Bemis Company Inc.
• Smurfit Kappa Group PLC
• Huhtamäki Oyj
• Sealed Air Corporation
• Georgia-Pacific LLC
• Berry Plastic Group, Inc.
• Constantia Flexibles Group GmbH

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