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Stock impact report

Significant Growth Expected for Global Food Packaging Solutions as Market Size Expected to Reach $592 Billion By 2033

Sealed Air Corporation (SEE) 
Last sealed air corporation earnings: 2/11 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.sealedair.com
Company Research Source: GlobeNewswire
PALM BEACH, Fla., Sept. 10, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The food packaging markets are predicted to sustain significant growth over the next several years. Food packaging refers to packaging solutions used to protect, store, and preserve food products during distribution, sales, and consumption. Adoption of food packaging allows food processing companies to safeguard food from external elements such as moisture, light, and microorganisms as well as extend their shelf life. A report from Future Market Insights projects that: “The global food packaging market size is expected to increase from US$ 353.7 billion in 2023 to US$ 592.8 billion by 2033. In 2022, the worldwide food packaging industry was valued at US$ 335.9 billion. Over the forecast period from 2023 to 2033, global food packaging sales are anticipated to rise at 5.3% CAGR. A new estimation predicts global food packaging demand to rise at a significant pace during the assessment period. The targ Show less Read more
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