The global food packaging market is expected to grow at a compound annual growth rate (CAGR) of 5.7% from 2023 to 2030, with a value of USD 362.9 billion in 2022. Changes in eating habits and a faster pace of life have driven the demand for packaged food, which is expected to have a significant impact on the food packaging industry. Furthermore, the benefits provided by food packaging, such as extended and stable shelf-life, high barrier properties, and safety, have boosted the growth of the food packaging industry.