Frozen Food Packaging Market Size - By Packaging Type (Boxes, Bags, Tubs & Cups, Trays, Pouches, Wraps & Films), By Material Type (Plastic, Paper & Paperboard, Metal, Glass), By Application & Forecast, 2024 – 2032
Published on: 2024-07-25 | No of Pages : 240 | Industry : Packaging
Publisher : MIR | Format : PDF&Excel
Frozen Food Packaging Market Size - By Packaging Type (Boxes, Bags, Tubs & Cups, Trays, Pouches, Wraps & Films), By Material Type (Plastic, Paper & Paperboard, Metal, Glass), By Application & Forecast, 2024 – 2032
Frozen Food Packaging Market Size
Frozen Food Packaging Market was valued at around USD 46.3 billion in 2023 and is anticipated to register a CAGR of over 5.6% between 2024 and 2032. The industry encompasses the creation, manufacturing, and supply of packaging specifically designed for frozen food items. It incorporates a variety of packaging types, materials, and formats to ensure the preservation, safety, and ease of use for customers across diverse frozen food categories worldwide. Propelled by the growing need for easy food options, expansion of global food commerce, and advancements in packaging technology, the frozen food packaging sector offers enormous opportunities. It comprises a range of packaging options designed to effectively move frozen food products throughout various global markets while preserving and protecting them.
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The frozen food packaging sector is primarily influenced by shifting consumer lifestyles and technological progress. Initially, increasing demand for convenience foods due to busier lifestyles has fueled significant growth in the frozen food industry, prompting a greater demand for inventive and effective packaging solutions. Furthermore, advancements in packaging technologies such as vacuum packaging, intelligent packaging systems, and modified atmosphere packaging have improved the shelf life, safety, and quality of frozen food products, driving the adoption of specialized packaging solutions within the market.
Report Attribute | Details |
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Base Year | 2023 |
Frozen Food Packaging Market Size in 2023 | USD 46.3 billion |
Forecast Period | 2024 to 2032 |
Forecast Period 2024 to 2032 CAGR | 5.6% |
2032 Value Projection | USD 75.6 billion |
Historical Data for | 2018 to 2023 |
No. of Pages | 350 |
Tables, Charts & Figures | 530 |
Segments covered | Packaging Type, Material Type, Application |
Growth Drivers |
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Pitfalls & Challenges |
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Legal compliance and environmental concerns rank among the frozen food packaging industry's two main obstacles. There is a rising need for eco-friendly packaging due to concerns about how to dispose of plastic trash and heightened environmental awareness. Finding a balance between food preservation and the use of environmentally friendly packaging materials may be challenging. Also, strict regulations governing food safety, labelling, and packaging requirements need ongoing compliance and adjustment, especially when it comes to international trade where different countries have different rules, complicating supply chains and packaging procedures. Collaboration throughout the sector and innovative ideas are needed to get past these challenges.
Frozen Food Packaging Market Trends
Increasing environmental consciousness has spurred a demand for sustainable and environmentally friendly packaging options, marking a notable trend in the frozen food packaging sector. Moreover, there's a rising preference for convenient, portion-controlled packaging formats to suit busy lifestyles. Advancements in packaging technology, including modified atmosphere packaging and intelligent packaging systems, are enhancing product shelf life and quality. Additionally, customization and personalization of packaging designs are gaining popularity to cater to diverse consumer preferences. Lastly, the industry's focus on innovation and differentiation is evident in the increasing adoption of digital printing technology for branding and personalized packaging.
Frozen Food Packaging Market Analysis
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Based on the packaging type, the market is segmented into boxes, bags, tubs & cups, trays, pouches, wraps & films, and others. The boxes segment stands out in the frozen food packaging industry with a market size of USD 14.2 billion in 2023 and is expected to surpass USD 24.2 billion by 2032. The frozen food packaging industry is seeing significant expansion, especially in the boxes sector, propelled by consumer preference for convenient and eco-friendly packaging options. Boxes are popular for their strong protection and ample space for branding, catering to both retail and wholesale needs. The demand for boxes is expected to rise with the growing worldwide consumption of frozen foods. Advances in material science, like recyclable and biodegradable alternatives, contribute to the attractiveness of boxes in the market. Overall, there's a promising outlook for market growth as manufacturers emphasize consumer convenience and sustainability in frozen food packaging development.
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Based on material type, the market can be further segmented into plastic, paper & paperboard, metal, glass, and others. The plastic segment dominates the market with a market share of about 48.7% in 2023 and is anticipated to hold a market share of about 50% by 2032. The plastic sector maintains a substantial role in frozen food packaging owing to its affordability and adaptability. Despite growing environmental apprehensions, plastic remains prevalent due to its durability, versatility, and ability to prolong product shelf life. Advances in plastic technology, including recyclable and biodegradable alternatives, aim to address environmental concerns while fostering market growth. Additionally, plastic's lightweight nature and ability to offer a variety of shapes and sizes make it suitable for both consumer convenience and logistical requirements. With the projected global increase in frozen food demand, the plastic segment is expected to remain vital in packaging solutions.
Based on application, the market can be further classified into fruits and vegetables, frozen desserts, meat and seafood, baked products, ready meals, and others. The fruits and vegetables segment dominates the market with a market size of about USD 18.2 billion in 2023 and is anticipated to cross USD 28.7 billion by 2032. The frozen food packaging industry shows great potential in the fruits and vegetables sector as consumers increasingly seek convenient and nutritious meal choices. Frozen fruits and vegetables offer advantages such as prolonged shelf life, year-round availability, and retention of nutritional content. Packaging advancements aim to enhance freshness and prevent freezer damage to appeal to customers. Moreover, there's a rising preference for eco-friendly packaging materials like biodegradables. With health consciousness and busy lifestyles on the rise, the fruits and vegetables market is anticipated to grow steadily as consumers seek sustainable, hygienic, and convenient frozen food options.
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North America holds a significant position in the global frozen food packaging market with a market size of USD 20.7 billion in 2023 and is anticipated to reach over USD 33.3 billion by 2032. With the increasing favour for frozen foods, busy lifestyles, and the demand for convenient meal solutions, the frozen food packaging sector in North America is projected to experience substantial growth. This expansion is fuelled by consumer desires for easier handling, uncomplicated storage, and extended product durability. Moreover, advancements in packaging materials, including eco-friendly alternatives, align with evolving consumer preferences and sustainability aspirations. Leveraging North America's strong infrastructure and large consumer base, industry players have ample opportunities to deploy creative packaging approaches and seize upon the rising trend of frozen food items.
Several reasons account for the United States leading position in the North America market. The substantial population and extensive consumption drive the demand for frozen food items in the U.S. market. Also, the nation's strong economy and sophisticated packaging infrastructure support innovation and efficient production. Additionally, the USA's well-established logistics and distribution systems enhance the delivery of frozen products. Furthermore, the dynamic market landscape, influenced by changing dietary patterns and diverse consumer tastes, reinforces its dominance. Overall, these factors collectively establish American leadership in the frozen food packaging sector throughout North America.
In the US, the frozen food packaging sector is experiencing gradual growth spurred by consumer preferences for sustainable and convenient options. Evolving lifestyle trends drive the adoption of eco-friendly materials, innovative designs for prolonged freshness, and personalized packaging solutions catering to various dietary needs.
Frozen Food Packaging Market Share
Key players in the frozen food packaging industry employ diverse strategies to maintain competitiveness. They focus on innovation, continually introducing novel packaging materials and designs to enhance product appeal and longevity. Sustainability is also paramount, with investments directed towards eco-conscious packaging solutions to meet both regulatory and consumer demands. Collaboration with suppliers and retailers is emphasized to ensure seamless supply chain operations and product availability. Additionally, strategic alliances and acquisitions are pursued to expand product portfolios and geographical coverage. Overall, these strategies enable them to stay agile and thrive in a dynamic market environment.
In the frozen food packaging sector, Amerplast Ltd., Alto Packaging, Amcor PLC, and Ampac Holdings LLC use a variety of approaches. Prioritizing innovation, they introduce cutting-edge packaging methods to improve the appeal and longevity of their products. Another important area of emphasis is sustainability, with an emphasis on creating eco-friendly materials that comply with environmental laws and consumer preferences. These businesses also place a strong emphasis on working with customers to customize packaging solutions that address unique client requirements. They also increase their market share by strategic alliances and acquisitions, providing complete packaging solutions on a worldwide scale. This keeps them competitive in the ever-changing frozen food packaging industry.
Frozen Food Packaging Market Companies
Major players operating in the market include
- Amerplast Ltd
- Alto Packaging
- Amcor PLC
- Ampac Holdings LLC
- American Packaging Corporation
- Berry Plastics Group Inc.,
- International Paper Company
- MOD-PAC Corporation
- Sealed Air Corporation
- Sealstrip Corporation
- Sonoco Products Company
- WestRock Company
- Uflex Limited
Frozen Food Packaging Industry News
- In 2022, WestRock, a manufacturing firm, was honored with an Innovator Award by the Paperboard Packaging Council for its advancements in food service packaging and recycling.
- In December 2021, Mondi Group introduced a renewable and recyclable frozen food packaging solution, crafted with 80% less plastic, tailored for Iceland, the leading frozen food retailer in the United Kingdom.
The frozen food packaging market research report includes in-depth coverage of the industry, with estimates & forecast in terms of revenue and volume (USD Billion) (Kilo Tons) from 2018 to 2032, for the following segments
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Market, By Packaging Type
- Boxes
- Bags
- Tubs & Cups
- Trays
- Pouches
- Wraps & Films
- Others
Market, By Material Type
- Plastic
- Paper & Paperboard
- Metal
- Glass
- Others
Market, By Application
- Fruits and Vegetables
- Frozen Desserts
- Meat and Seafood
- Baked Products
- Ready Meals
- Others
The above information is provided for the following regions and countries
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Australia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- MEA
- Saudi Arabia
- UAE
- South Africa
- Rest of MEA
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