info@marketresearchfuture.com   📞  +1 (855) 661-4441(US)   📞  +44 1720 412 167(UK)
Certified Global Research Member
Isomar fd.webp Wcrc 57.webp
Key Questions Answered
  • Global Market Outlook
  • In-depth analysis of global and regional trends
  • Analyze and identify the major players in the market, their market share, key developments, etc.
  • To understand the capability of the major players based on products offered, financials, and strategies.
  • Identify disrupting products, companies, and trends.
  • To identify opportunities in the market.
  • Analyze the key challenges in the market.
  • Analyze the regional penetration of players, products, and services in the market.
  • Comparison of major players financial performance.
  • Evaluate strategies adopted by major players.
  • Recommendations
Why Choose Market Research Future?
  • Vigorous research methodologies for specific market.
  • Knowledge partners across the globe
  • Large network of partner consultants.
  • Ever-increasing/ Escalating data base with quarterly monitoring of various markets
  • Trusted by fortune 500 companies/startups/ universities/organizations
  • Large database of 5000+ markets reports.
  • Effective and prompt pre- and post-sales support.

Single Serve Packaging Market Research Report: By Material (Plastic, Metal, Glass, Paperboard), By Application (Beverages, Food, Dairy Products, Confectionery, Personal Care Products), By Packaging Format (Bottles, Cans, Cups, Pouches, Tubs), By Closure Type (Screw Caps, Snap-on Lids, Peelable Lids, Resealable Lids) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) - Forecast to 2032


ID: MRFR/CnM/28410-HCR | 100 Pages | Author: Priya Nagrale| November 2024

Global Single Serve Packaging Market Overview


The Single Serve Packaging Market Size was estimated at 181.62 (USD Billion) in 2022. The Single Serve Packaging Industry is expected to grow from 187.52(USD Billion) in 2023 to 250.0 (USD Billion) by 2032. The Single Serve Packaging Market CAGR (growth rate) is expected to be around 3.25% during the forecast period (2024 - 2032).


Key Single Serve Packaging Market Trends Highlighted


The single-serve packaging market is experiencing a plethora of significant trends. Key market drivers include the growing popularity of on-the-go consumption, increased demand for convenience, and the rise of e-commerce. These trends are creating opportunities for companies to develop innovative packaging solutions that meet the needs of consumers.The adoption of sustainable packaging practices is becoming a prevalent trend. Consumers are increasingly seeking environmentally friendly packaging options, and manufacturers are responding by developing recyclable, biodegradable, and compostable materials. Additionally, the integration of smart packaging technologies is gaining traction, offering features such as tamper-proof seals, temperature monitoring, and interactive capabilities.Advances in printing and graphics are also shaping the market. High-quality printing and eye-catching designs have become crucial for brands to differentiate their products and attract attention in a competitive retail landscape. The use of sophisticated printing techniques, such as flexographic and offset printing, enables manufacturers to create visually appealing and informative packaging that resonates with consumers.


Single Serve Packaging Market Overview


Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


Single Serve Packaging Market Drivers


Rising Demand for Convenience


The growing popularity of single-serve packaging is largely driven by the increasing demand for convenience among consumers. The fast-paced lifestyle and hectic schedules of modern consumers have led to a shift towards products that offer ease and portability. Single-serve packaging caters to this need by providing convenient and portion-controlled options for food, beverages, and other products. The ability to consume products on the go or in smaller quantities has made single-serve packaging a preferred choice for many consumers.The trend towards convenience is expected to continue in the coming years, further propelling the growth of the Single Serve Packaging Market Industry.


Expansion of E-commerce


The rapid growth of e-commerce has significantly contributed to the expansion of the Single Serve Packaging Market Industry. The increasing number of online shoppers has created a demand for packaging solutions that protect products during shipping and handling. Single-serve packaging offers several advantages for e-commerce, including its ability to minimize product damage, reduce shipping costs, and enhance product presentation. The growth of e-commerce is expected to continue in the future, driving the demand for single-serve packaging solutions.


Sustainability Concerns


Growing environmental concerns have led to an increased focus on sustainability in the packaging industry. Consumers are becoming more aware of the environmental impact of packaging waste and are seeking sustainable alternatives. Single-serve packaging can contribute to sustainability by reducing material usage and promoting recycling. The development of biodegradable and compostable single-serve packaging materials is gaining momentum, further supporting the growth of the Single Serve Packaging Market Industry.


Single Serve Packaging Market Segment Insights


Single Serve Packaging Market Material Insights  


The Single Serve Packaging Market is segmented based on material into plastic, metal, glass, and paperboard. Plastic held the largest market share in 2023, accounting for over 70% of the global revenue. The growth of the plastic segment can be attributed to its cost-effectiveness, lightweight, and versatility. Plastic single-serve packaging is widely used for beverages, snacks, and personal care products. Metal is another important material used in single-serve packaging. Metal packaging provides excellent barrier properties and can protect products from light, moisture, and oxygen.It is commonly used for beverages, canned foods, and pet food. The metal segment is expected to witness steady growth over the forecast period due to the increasing demand for convenience and portability. Glass is a sustainable and aesthetically pleasing material used in single-serve packaging. Glass packaging is often used for beverages, sauces, and condiments. The glass segment is expected to experience moderate growth over the forecast period due to its growing popularity among consumers who are seeking eco-friendly packaging options. Paperboard is a lightweight and recyclable material that is used in single-serve packaging for products such as cereals, snacks, and baked goods.The growth of the market can be attributed to the increasing demand for convenience, portability, and sustainability.


Single Serve Packaging Market Material Insights


Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


Single Serve Packaging Market Application Insights  


The Application segment in the Single Serve Packaging Market holds significant importance. Among the key application areas, Beverages emerged as the dominant segment in 2023, capturing over 45% of the market share. The growing popularity of single-serve beverages, such as coffee pods and tea bags, drives this segment's growth. Additionally, the increasing demand for convenience and personalization in beverage consumption further fuels market expansion. Food is another significant application segment, accounting for approximately 30% of the market in 2023.The rising trend of on-the-go snacking and the proliferation of single-serve food products, such as yogurt cups and pudding cups, contribute to this segment's growth. Dairy Products, Confectionery, and Personal Care Products also represent notable segments in the market, with each holding a share of around 5-10% in 2023. The increasing demand for single-serve packaging solutions in these industries to enhance product freshness, convenience, and portability drives their growth. Overall, the Application segment in the Single Serve Packaging Market is poised to witness steady growth in the coming years, driven by evolving consumer preferences and the increasing adoption of single-serve packaging solutions across various industries.


Single Serve Packaging Market Packaging Format Insights  


The Single Serve Packaging Market segmentation by Packaging Format includes Bottles, Cans, Cups, Pouches, and Tubs. Among these segments, Bottles held the largest market share in 2023, accounting for around 35% of the Single Serve Packaging Market revenue. This dominance can be attributed to the widespread use of bottles for packaging beverages such as water, juices, and carbonated drinks. Cans ranked second in terms of market share, followed by Cups, Pouches, and Tubs. The growth of the Cans segment is primarily driven by the rising demand for convenient and portable packaging solutions for beverages.Cups are gaining popularity due to their versatility and suitability for both hot and cold beverages. Pouches and Tubs are witnessing increasing adoption in the packaging of food products such as snacks, confectionery, and dairy products. The Single Serve Packaging Market is expected to continue witnessing significant growth in the coming years, with the Packaging Format segment playing a crucial role in shaping the market dynamics.


Single Serve Packaging Market Closure Type Insights  


The Closure Type segment of the Single Serve Packaging Market is expected to witness significant growth in the coming years. Screw Caps held the largest market share in 2023, owing to their versatility and ease of use. Snap-on Lids are projected to exhibit a steady growth rate due to their convenience and ability to maintain product freshness. Peelable Lids are gaining popularity in the food and beverage industry, as they offer easy opening and resealability. Resealable Lids are expected to witness increasing demand from consumers seeking convenient and sustainable packaging solutions.Segmentation insights help market players design targeted strategies to capitalize on growth opportunities.


Single Serve Packaging Market Regional Insights  


The Single Serve Packaging Market revenue was valued at 187.52 billion USD in 2023, and it is projected to reach 250.0 billion USD by 2032, exhibiting a CAGR of 3.25% during the forecast period (2023-2032). Regionally, North America held the largest market share in 2023, accounting for 35% of the global market. Europe followed North America, with a market share of 28%. APAC is expected to witness the fastest growth over the forecast period, with a CAGR of 4.5%. The growth in the APAC region can be attributed to the increasing demand for single-serve packaging from emerging economies such as China and India.South America and MEA are expected to contribute a smaller share of the global market, with a combined share of less than 10% in 2023.


Single Serve Packaging Market Regional Insights


Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


Single Serve Packaging Market Key Players And Competitive Insights:


Major players in the Single Serve Packaging Market invest heavily in research and development to gain a competitive edge. This has led to several innovations in the industry, such as the development of new materials and manufacturing techniques. Leading Single Serve Packaging Market players are also focusing on sustainability and are investing in the development of eco-friendly and bio-degradable packaging solutions. The Single Serve Packaging Market industry is characterized by the presence of a number of global and regional players. Some of the key players in the market include Amcor, Ball Corporation, Bemis Company, Inc., Berry Plastics Corporation, Crown Holdings, Inc., DS Smith, Huhtamaki Oyj, Mondi Group, Sealed Air Corporation, Stora Enso and Tetra Pak. These companies are continuously investing in research and development to improve their product portfolio and expand their market presence.Amcor is one of the leading players in the Single Serve Packaging Market industry. The company offers a wide range of single-serve packaging solutions for various applications, including food and beverage, healthcare and personal care. Amcor has a strong global presence with operations in over 40 countries. The company has a strong focus on sustainability and is committed to reducing its environmental footprint. Tetra Pak is another leading player in the Single Serve Packaging Market industry. The company offers a range of single-serve packaging solutions for various applications, including food and beverage, dairy and pharmaceuticals. Tetra Pak has a strong global presence with operations in over 170 countries. The company has a strong focus on innovation and is committed to developing new and sustainable packaging solutions.


Key Companies in the Single Serve Packaging Market Include:



  • Constantia Flexibles Group

  • Smurfit Kappa

  • Greif

  • Rengo Co

  • Sonoco Products Company

  • Amcor

  • Sealed Air

  • Crown Holdings

  • Winpak

  • Ball Corporation

  • Mondi Group

  • Reynolds Group Holdings

  • Tetra Pak International


Single Serve Packaging Market Industry Developments


The Single Serve Packaging Market is projected to reach USD 250.0 Billion by 2032, exhibiting a CAGR of 3.25% from 2024 to 2032. The market growth is attributed to increasing demand for convenience, rising disposable incomes, and the growing popularity of e-commerce. Notably, the market has witnessed significant developments in recent years:Amcor, a leading packaging company, has invested in developing sustainable single-serve packaging solutions, such as recyclable and compostable materials. This aligns with the growing consumer preference for eco-friendly packaging.Nestlé has launched a new line of single-serve coffee pods made from aluminum, which are recyclable and maintain the freshness and quality of the coffee.Keurig Dr Pepper has expanded its partnership with Smurfit Kappa to enhance the sustainability of its single-serve coffee packaging. The collaboration focuses on developing recyclable and renewable packaging solutions.These developments highlight the industry's commitment to innovation and sustainability, driven by evolving consumer preferences and environmental concerns.


Single Serve Packaging Market Segmentation Insights



  • Single Serve Packaging Market Material Outlook

    • Plastic

    • Metal

    • Glass

    • Paperboard




 



  • Single Serve Packaging Market Application Outlook

    • Beverages

    • Food

    • Dairy Products

    • Confectionery

    • Personal Care Products




 



  • Single Serve Packaging Market Packaging Format Outlook

    • Bottles

    • Cans

    • Cups

    • Pouches

    • Tubs




 



  • Single Serve Packaging Market Closure Type Outlook

    • Screw Caps

    • Snap-on Lids

    • Peelable Lids

    • Resealable Lids




 




  • Single Serve Packaging Market Regional Outlook




    • North America




    • Europe




    • South America




    • Asia Pacific




    • Middle East and Africa





Report Attribute/Metric Details
Market Size 2022 181.62 (USD Billion)
Market Size 2023 187.52 (USD Billion)
Market Size 2032 250.0 (USD Billion)
Compound Annual Growth Rate (CAGR) 3.25% (2024 - 2032)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Base Year 2023
Market Forecast Period 2024 - 2032
Historical Data 2019 - 2023
Market Forecast Units USD Billion
Key Companies Profiled Constantia Flexibles Group, Smurfit Kappa, Greif, Rengo Co, Sonoco Products Company, Amcor, Sealed Air, Crown Holdings, Winpak, Ball Corporation, Mondi Group, Reynolds Group Holdings, Tetra Pak International
Segments Covered Material, Application, Packaging Format, Closure Type, Regional
Key Market Opportunities Growing demand for convenience Portion control Eco-friendly options Personalization Premiumization
Key Market Dynamics Sustainability Drive Ecommerce Proliferation Health and Wellness Focus Rising Consumerism Technological Advancements
Countries Covered North America, Europe, APAC, South America, MEA


Frequently Asked Questions (FAQ) :

The Single Serve Packaging Market is valued at USD 187.52 billion in 2023, and it is projected to reach USD 250.0 billion by 2032, exhibiting a CAGR of 3.25% during the forecast period from 2024 to 2032.

North America and Europe are the dominant regions in the Single Serve Packaging Market, followed by Asia Pacific. Emerging markets in Asia Pacific, Latin America, and the Middle East are anticipated to witness significant growth over the forecast period.

Single Serve Packaging finds applications across various industries, including food and beverage, personal care, and healthcare. Food and beverage is the largest application segment, accounting for over 60% of the market share.

The Single Serve Packaging Market is moderately fragmented, with the presence of several major players. Some of the prominent competitors include Amcor, Ball Corporation, DS Smith, Mondi, and Sonoco Products Company.

Rising demand for convenience, increasing disposable income, and growing urbanization are the key driving factors for the Single Serve Packaging Market.

Environmental concerns related to plastic waste and stringent regulations on packaging materials are some of the challenges faced by the Single Serve Packaging Market.

Sustainability, innovation in materials, and e-commerce are the key trends shaping the Single Serve Packaging Market.

Emerging markets in Asia Pacific, Latin America, and the Middle East are expected to offer significant growth opportunities for the Single Serve Packaging Market due to increasing disposable income and changing lifestyles.

Advancements in printing and converting technologies are enabling manufacturers to offer customized and sustainable packaging solutions, driving growth in the Single Serve Packaging Market.

Growing demand for sustainable packaging, increasing adoption of e-commerce, and innovation in dispensing systems present key opportunities for growth in the Single Serve Packaging Market.

Leading companies partner with us for data-driven Insights
client_1 client_2 client_3 client_4 client_5 client_6 client_7 client_8 client_9 client_10
Kindly complete the form below to receive a free sample of this Report
Please fill in Business Email for Quick Response

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

Purchase Option
Single User $ 4,950
Multiuser License $ 5,950
Enterprise User $ 7,250
Compare Licenses
Tailored for You
  • Dedicated Research on any specifics segment or region.
  • Focused Research on specific players in the market.
  • Custom Report based only on your requirements.
  • Flexibility to add or subtract any chapter in the study.
  • Historic data from 2014 and forecasts outlook till 2040.
  • Flexibility of providing data/insights in formats (PDF, PPT, Excel).
  • Provide cross segmentation in applicable scenario/markets.