Frozen Food Packaging Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Frozen Food Packaging Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Growth Factors of Frozen Food Packaging Market

The frozen food packaging market size was valued at USD 10.84 billion in 2023, and the market is now projected to grow from USD 11.38 billion in 2024 to USD 17.20 billion by 2032, exhibiting a CAGR of 5.16% during the forecast period of 2024-2032.

The COVID-19 pandemic first of all hurt the market due to curfews and lockdowns affecting frozen meals utilization. However, call for frozen meals surged because of their long shelf existence, boosting marketplace boom at some stage in the pandemic.

The market boom is pushed by using the increasing use of frozen meals packaging and efforts to lessen food waste. Innovations like resealable luggage and element-controlled sizes help clients limit waste by means of using most effective what they need and thoroughly storing the relaxation. This trend is fueled via growing environmental cognizance and a choice for sustainable practices.

Innovative packaging answers are using market growth by means of improving shelf life and patron enjoy. Technologies like laminates, sustainable films, changed environment, and vacuum sealing improve food safety and first-class. Microwave and oven-secure packaging add comfort, permitting direct cooking and decreasing food waste. These improvements spotlight a trend in the direction of greater efficient and sustainable packaging within the frozen meal’s region.

Comprehensive Analysis of Frozen Food Packaging Market

The frozen food packaging market growth is rising at an exponential rate due to its market segmentation. This market expansion effectively provides a detailed regional assessments considering the dominant supply and demand forces that impact the industry. These segmentations are methodically segregated by material analysis, by packaging type analysis, by food type analysis. By material analysis incudes plastic, paper & paperboard, aluminum, and others. By packaging type analysis incudes rigid and flexible. By food type analysis incudes fruits & vegetables, ready-to-eat products, dairy products, meat, poultry & seafood, bakery & confection, and others.

The Europe region lead the frozen food packaging market share by benefitting a market size of USD 4.03 billion in 2023 due to the growing preference toward convenience food.

The top players in the market play a crucial role in the industry assuring market growth and setting market standards. These players include, ProAmpac, Sonoco, WestRock Company, Graphic Packaging International, LLC, Pactiv Evergreen Inc., Anchor Packaging LLC, Mondi, Amcor, Qingdao Yilucai Packaging Co., Ltd, KOROZO GROUP these market players provide a level-playing competitive landscape.

In May 2023, Stora Enso introduced Tambrite Aqua+, a recyclable board-grade packaging for chilled and frozen food, reducing fossil-based plastics and improving recyclability with a water-based dispersion coating for protection and safety.

Segmentation Table

Attribute Details

Study Period 2019-2032

Base Year 2023

Estimated Year 2024

Forecast Period 2024-2032

Historical Period 2019-2022

Growth Rate CAGR of 5.16% from 2024 to 2032

Unit Value (USD Billion)

Segmentation By Material

Plastic

- Polyethylene (PE)

- Polyethylene Terephthalate (PET)

- Polypropylene (PP)

- Polystyrene (PS)

- Others

Paper & Paperboard

Aluminum

Others

By Packaging Type

Rigid

- Boxes & Cartons

- Trays

- Containers

- Tubs & Cups

- Others

Flexible

- Wrap

- Films

- Pouches

- Bags

By Food Type

Fruits & Vegetables

Ready-to-eat Products

Dairy Products

Meat, Poultry & Seafood

Bakery & Confection

Others

By Region

North America (By Material, Packaging Type, Food Type and Country)

- U.S. (By Food Type)

- Canada (By Food Type)

Europe (By Material, Packaging Type, Food Type and Country)

- Germany (By Food Type)

- France (By Food Type)

- U.K. (By Food Type)

- Italy (By Food Type)

- Spain (By Food Type)

- Russia (By Food Type)

- Poland (By Food Type)

- Romania (By Food Type)

- Rest of Europe (By Food Type)

Asia Pacific (By Material, Packaging Type, Food Type and Country)

- China (By Food Type)

- India (By Food Type)

- Japan (By Food Type)

- Australia (By Food Type)

- South Korea (By Food Type)

- Southeast Asia (By Food Type)

- Rest of Asia Pacific (By Food Type)

Latin America (By Material, Packaging Type, Food Type and Country)

- Brazil (By Food Type)

- Mexico (By Food Type)

- Argentina (By Food Type)

- Rest of Latin America (By Food Type)

Middle East & Africa (By Material, Packaging Type, Food Type and Country)

- Saudi Arabia (By Food Type)

- UAE (By Food Type)

- Oman (By Food Type)

- South Africa (By Food Type)

- Rest of the Middle East & Africa (By Food Type)


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