Punnet Packaging Market Size Worth $5.0 Billion by 2032 - Growing Emphasis on Packaged Fruits & Vegetables to Propel Growth [Yahoo! Finance]
SMURFIT KAPPA GROUP ADR (SMFKY)
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Source: Yahoo! Finance
Asia Pacific region emerged as the largest global punnet packaging market, with a 39.7% market revenue share in 2022. Newark, Feb. 06, 2024 (GLOBE NEWSWIRE) -- The Brainy Insights estimates that the USD 3.1 billion punnet packaging market will reach USD 5.0 billion by 2032. A punnet is a small, compact basket that packages soft fruits and vegetables like mushrooms, grapes, berries, and cherries. Because the punnet packaging keeps soft fruits and vegetables from bruising, squashing, or rotting, it extends their shelf life. Punnet packaging is classified into many types based on the materials used, including paper, moulded fibre, and plastics. Punnets made of plastic are widely used as a practical method of packaging fresh soft fruits. Manufacturers are concentrating on recycling plastic punnets to meet regulatory standards for product safety as a secure alternative for effective food storage. Punnet packaging is growing because of the changing worldwide trends away from traditional p
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