Spoon In Lid Packaging Market — Evolving Industry Trends and key Insights

Market-Research

As the global consumption of packaged food continues to rise, demand for food packaging products is also increasing. Manufacturers are actively focusing on technological advancement and product innovation in order to cater to the changing needs. Compact packaging is the new trend and manufacturers are quickly realising the market opportunities in such categories. Over the years, spoon in lid packaging has emerged as an innovative and compact packaging solution.

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The particular packaging solution has received a positive response from both end-users owing to the convenience it offers, negating the need for carrying extra spoon. At the same time, such packaging concepts also work well for marketing, branding and over all presentation of a product. As such, the product often attracts more consumers when kept on display shelf.

The spoons that are affixed in the lid is sturdy, lightweight and stays intact. The aforementioned factors are expected to drive the adoption of spoon in lid packaging in the years to come. As per the latest report published by Transparency Market Research (TMR), the global market for spoon in lid packaging is set to grow from US$ 309.7 Mn in 2017 to US$ 1,558.8 Mn in 2026, reflecting a CAGR of 19.7%.

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The global spoon in lid packaging market is mainly being driven owing to extensive use of spoons in packaged food items. This solution is being utilized in ice-cream, desserts, yogurt, and various other items, and as most of these foods are witnessing a rising demand, the global spoon in lid packaging market has been experiencing widespread growth.

Most consumers prefer aids such as spoons and forks pre-packed with food items being sold, and thus causing manufacturing companies to work hard in order to meet consumer demands. This has consequently boosted the global spoon in lid packaging market to depict a large-scale expansion. An increasing number of brands are gradually embracing spoon in lid packaging, mainly due to its lightweight character as well as high efficiency. Spoons, forks, stirrers, and other such aids provided with packaged foods can also be transported easily. The aids are highly ergonomic too, especially in case if consumers are travelling or need a quick bite outdoors.

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However, a high use of plastic for making spoons, forks, and other similar aids is largely contributing towards plastic pollution. This is notably hampering the global spoon in lid packaging market’s growth, as many players are deciding to not manufacture such food products, thus following the initiative of causing less pollution. Nevertheless, a handful of players are developing spoons and other items with eco-friendly and biodegradable materials. In this context, an interesting trend is being gaining attention that might reduce the restraints too – it deals with utilizing edible cutlery, so that disposed waste is kept to a minimum.