Acumen Research and Consulting estimate that the global frozen food packaging market is expected to reach the market value of around US$ 50 Bn by 2026 and is anticipated to grow at a CAGR of around 5.1% in terms of revenue during the forecasting period 2019 – 2026.
The wrapping of packaged food helps to sustain food since the time it is produced in the factory till it is consumed. The wrapping of frozen products helps retain initial colour, flavour and texture and typically their nutrients compared to products stored by other techniques. Typically containers, tubs, bottles, pouches, trays, cups, wrappers and sackcloth are used for frozen food packaging that contains fruit and vegetables, milk and meat, frozen sweets and ice creams.
The report provides an analysis of the global frozen food packaging market for the period 2015-2026, wherein 2019 to 2026 is the forecast period and 2018 is considered as the base year.
Market Dynamics
Increased demand for ready-to-eat and nutritious foodstuffs due to busy lifestyles leading to flexible working schedules is expected to drive the growth in frozen food packaging industries. Moreover, growing demand for frozen food is projected to witness a further rise in the industry due to advantages such as longer shelf-life and easy accessibility. Moreover, evolving habits of ready to eat foodstuff combined with increased disposable income and the growing population is predicted to raise frozen food consumption, which would also improve the frozen-food packaging market over the predicted period. Moreover, demographic trends such as the changing lifestyle and the rise of small households are projected to fuel demand for fast foods to the advantage of industry growth. State policies, however, is a key challenge in the industry of both developing and emerged countries.
Regional Stance
As a result of increasing growth in consumption of frozen food products, China is projected to be the most lucrative market for frozen food packaging. Growing disposable incomes, increased involvement of women in workforce and rapid growth of the country's retail network is fueling frozen food consumption which in turn results in the growth of the frozen food packaging sector. India and the Middle East are lucrative markets that have risen and anticipated to grow at a substantial CAGR during the forecast period.
Report coverage
The market research study on “Frozen Food Packaging Market (By Food Type: Meat and Sea Food, Fruits and Vegetables, Baked Goods, Frozen Desserts and Ice Cream; Frozen Food Packaging Market By Packaging Type: Boxes, Wrappers, Bags, Tubs and Cups, Trays, Pouches, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026” offers detailed insights on the global Frozen Food Packaging market entailing insights on its different market segments. Market dynamics with drivers, restraints and opportunities with their impact are provided in the report. The report also provides competitive landscape to understand the current stance of particular player. The report provides insights into the global frozen food packaging market, its food type, packaging type, and major geographic regions. The frozen food packaging market analysis is provided for major regional markets including North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. For each region, the market size for different segments has been covered under the scope of the report.
The global Frozen Food Packaging Market is segmented as below:
Market Segmentation
Frozen Food Packaging Market By Food Type
- Meat and Sea Food
- Fruits and Vegetables
- Baked Goods
- Frozen Desserts and Ice Cream
Frozen Food Packaging Market By Packaging Type
- Boxes
- Wrappers
- Bags
- Tubs and Cups
- Trays
- Pouches
- Other
Frozen Food Packaging Market By Geography
North America
Europe
- UK
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Mexico
- Brazil
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of MEA
Key Players
There are many key players on the frozen food packaging market. None of the major companies actually control the industry in terms of market share. The innovative and colorful packaging designs also increase their medium-sized presence on the industry by winning new contracts and entering new opportunities for smaller businesses.
Major players included in this report are Sealed Air, Sonoco Products Company, Cascades Inc., ProAmpac, Berry Global Inc., Amcor plc, Huhtamaki Oyj, and Others.
In 2019, a new manufacturing line of sustainable, eco-friendly packaging was introduced by the Cascades Sonoco joint partnership between Cascades Inc. and Sonoco Products Company in Birmingham, Alabama, to extend the packaging plant. They spent US$ 17 Mn in the development of a water-based functional coating solution to manufacture recyclable, inefficient and compostable containers.
Table Of Content:
CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of Frozen Food Packaging
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Frozen Food Packaging Market By Food Type
1.2.2.1. Global Frozen Food Packaging Market Revenue and Growth Rate Comparison By Food Type (2015-2026)
1.2.2.2. Global Frozen Food Packaging Market Revenue Share By Food Type in 2018
1.2.2.3. Meat and Sea Food
1.2.2.4. Fruits and Vegetables
1.2.2.5. Baked Goods
1.2.2.6. Frozen Desserts and Ice Cream
1.2.3. Frozen Food Packaging Market By Packaging Type
1.2.3.1. Global Frozen Food Packaging Market Revenue and Growth Rate Comparison By Packaging Type (2015-2026)
1.2.3.2. Global Frozen Food Packaging Market Revenue Share By Packaging Type in 2018
1.2.3.3. Boxes
1.2.3.4. Wrappers
1.2.3.5. Bags
1.2.3.6. Tubs and Cups
1.2.3.7. Trays
1.2.3.8. Pouches
1.2.3.9. Other
1.2.4. Frozen Food Packaging Market By Geography
1.2.4.1. Global Frozen Food Packaging Market Revenue and Growth Rate Comparison by Geography (2015-2026)
1.2.4.2. North America Frozen Food Packaging Market Revenue and Growth Rate(2015-2026)
1.2.4.3. Europe Frozen Food Packaging Market Revenue and Growth Rate(2015-2026)
1.2.4.4. Asia-Pacific Frozen Food Packaging Market Revenue and Growth Rate(2015-2026)
1.2.4.5. Latin America Frozen Food Packaging Market Revenue and Growth Rate(2015-2026)
1.2.4.6. Middle East and Africa (MEA) Frozen Food Packaging Market Revenue and Growth Rate(2015-2026)
CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2018
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players
CHAPTER 3. MANUFACTURING PLANTS ANALYSIS
3.1. Capacity and Commercial Production Date of Global Frozen Food Packaging Major Manufacturers in 2018
3.2. Manufacturing Plants Distribution of Global Frozen Food Packaging Major Manufacturers in 2018
3.3. R&D Status and Technology Source of Global Frozen Food Packaging Major Manufacturers in 2018
3.4. Raw Materials Sources Analysis of Global Frozen Food Packaging Major Manufacturers in 2018
CHAPTER 4. FROZEN FOOD PACKAGING MARKET BY FOOD TYPE
4.1. Global Frozen Food Packaging Revenue By Food Type
4.2. Meat and Sea Food
4.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.3. Fruits and Vegetables
4.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.4. Baked Goods
4.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.5. Frozen Desserts and Ice Cream
4.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 5. FROZEN FOOD PACKAGING MARKET BY PACKAGING TYPE
5.1. Global Pure Cashmere Revenue By Packaging Type
5.2. Boxes
5.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.3. Wrappers
5.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.4. Bags
5.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.5. Tubs and Cups
5.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.6. Trays
5.6.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.6.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.7. Pouches
5.7.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.7.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.8. Other
5.8.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.8.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 6. NORTH AMERICA FROZEN FOOD PACKAGING MARKET BY COUNTRY
6.1. North America Frozen Food Packaging Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.2. North America Frozen Food Packaging Market Revenue Share Comparison, 2015 & 2026 (%)
6.3. U.S.
6.3.1. U.S. Frozen Food Packaging Market Revenue and Forecast By Food Type, 2015 - 2026 ($Million)
6.3.2. Market Revenue and Forecast By Packaging Type, 2015 - 2026 ($Million)
6.4. Canada
6.4.1. Market Revenue and Forecast By Food Type, 2015 - 2026 ($Million)
6.4.2. Market Revenue and Forecast By Packaging Type, 2015 - 2026 ($Million)
CHAPTER 7. EUROPE FROZEN FOOD PACKAGING MARKET BY COUNTRY
7.1. Europe Frozen Food Packaging Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.2. Europe Frozen Food Packaging Market Revenue Share Comparison, 2015 & 2026 (%)
7.3. UK
7.3.1. Market Revenue and Forecast By Food Type, 2015 - 2026 ($Million)
7.3.2. Market Revenue and Forecast By Packaging Type, 2015 - 2026 ($Million)
7.4. Germany
7.4.1. Market Revenue and Forecast By Food Type, 2015 - 2026 ($Million)
7.4.2. Market Revenue and Forecast By Packaging Type, 2015 - 2026 ($Million)
7.5. France
7.5.1. Market Revenue and Forecast By Food Type, 2015 - 2026 ($Million)
7.5.2. Market Revenue and Forecast By Packaging Type, 2015 - 2026 ($Million)
7.6. Spain
7.6.1. Market Revenue and Forecast By Food Type, 2015 - 2026 ($Million)
7.6.2. Market Revenue and Forecast By Packaging Type, 2015 - 2026 ($Million)
7.7. Rest of Europe
7.7.1. Market Revenue and Forecast By Food Type, 2015 - 2026 ($Million)
7.7.2. Market Revenue and Forecast By Packaging Type, 2015 - 2026 ($Million)
CHAPTER 8. ASIA-PACIFIC FROZEN FOOD PACKAGING MARKET BY COUNTRY
8.1. Asia-Pacific Frozen Food Packaging Market Revenue and Growth Rate, 2015 - 2026 ($Million)
8.2. Asia-Pacific Frozen Food Packaging Market Revenue Share Comparison, 2015 & 2026 (%)
8.3. China
8.3.1. Market Revenue and Forecast By Food Type, 2015 - 2026 ($Million)
8.3.2. Market Revenue and Forecast By Packaging Type, 2015 - 2026 ($Million)
8.4. Japan
8.4.1. Market Revenue and Forecast By Food Type, 2015 - 2026 ($Million)
8.4.2. Market Revenue and Forecast By Packaging Type, 2015 - 2026 ($Million)
8.5. India
8.5.1. Market Revenue and Forecast By Food Type, 2015 - 2026 ($Million)
8.5.2. Market Revenue and Forecast By Packaging Type, 2015 - 2026 ($Million)
8.6. Australia
8.6.1. Market Revenue and Forecast By Food Type, 2015 - 2026 ($Million)
8.6.2. Market Revenue and Forecast By Packaging Type, 2015 - 2026 ($Million)
8.7. South Korea
8.7.1. Market Revenue and Forecast By Food Type, 2015 - 2026 ($Million)
8.7.2. Market Revenue and Forecast By Packaging Type, 2015 - 2026 ($Million)
8.8. Rest of Asia-Pacific
8.8.1. Market Revenue and Forecast By Food Type, 2015 - 2026 ($Million)
8.8.2. Market Revenue and Forecast By Packaging Type, 2015 - 2026 ($Million)
CHAPTER 9. LATIN AMERICA FROZEN FOOD PACKAGING MARKET BY COUNTRY
9.1. Latin America Frozen Food Packaging Market Revenue and Growth Rate, 2015 - 2026 ($Million)
9.2. Latin America Frozen Food Packaging Market Revenue Share Comparison, 2015 & 2026 (%)
9.3. Brazil
9.3.1. Market Revenue and Forecast By Food Type, 2015 - 2026 ($Million)
9.3.2. Market Revenue and Forecast By Packaging Type, 2015 - 2026 ($Million)
9.4. Mexico
9.4.1. Market Revenue and Forecast By Food Type, 2015 - 2026 ($Million)
9.4.2. Market Revenue and Forecast By Packaging Type, 2015 - 2026 ($Million)
9.5. Rest of Latin America
9.5.1. Market Revenue and Forecast By Food Type, 2015 - 2026 ($Million)
9.5.2. Market Revenue and Forecast By Packaging Type, 2015 - 2026 ($Million)
CHAPTER 10. MIDDLE EAST & AFRICA FROZEN FOOD PACKAGING MARKET BY COUNTRY
10.1. Middle East & Africa Frozen Food Packaging Market Revenue and Growth Rate, 2015 - 2026 ($Million)
10.2. Middle East& Africa Frozen Food Packaging Market Revenue Share Comparison, 2015 & 2026 (%)
10.3. GCC
10.3.1. Market Revenue and Forecast By Food Type, 2015 - 2026 ($Million)
10.3.2. Market Revenue and Forecast By Packaging Type, 2015 - 2026 ($Million)
10.4. South Africa
10.4.1. Market Revenue and Forecast By Food Type, 2015 - 2026 ($Million)
10.4.2. Market Revenue and Forecast By Packaging Type, 2015 - 2026 ($Million)
10.5. Rest of Middle East & Africa
10.5.1. Market Revenue and Forecast By Food Type, 2015 - 2026 ($Million)
10.5.2. Market Revenue and Forecast By Packaging Type, 2015 - 2026 ($Million)
CHAPTER 11. COMPANY PROFILE
11.1. Sealed Air
11.1.1. Company Snapshot
11.1.2. Overview
11.1.3. Financial Overview
11.1.4. Product Portfolio
11.1.5. Key Developments
11.1.6. Strategies
11.2. Sonoco Products Company
11.2.1. Company Snapshot
11.2.2. Overview
11.2.3. Financial Overview
11.2.4. Product Portfolio
11.2.5. Key Developments
11.2.6. Strategies
11.3. Cascades Inc.
11.3.1. Company Snapshot
11.3.2. Overview
11.3.3. Financial Overview
11.3.4. Product Portfolio
11.3.5. Key Developments
11.3.6. Strategies
11.4. ProAmpac
11.4.1. Company Snapshot
11.4.2. Overview
11.4.3. Financial Overview
11.4.4. Product Portfolio
11.4.5. Key Developments
11.4.6. Strategies
11.5. Berry Global Inc.
11.5.1. Company Snapshot
11.5.2. Overview
11.5.3. Financial Overview
11.5.4. Product Portfolio
11.5.5. Key Developments
11.5.6. Strategies
11.6. Amcor plc
11.6.1. Company Snapshot
11.6.2. Overview
11.6.3. Financial Overview
11.6.4. Product Portfolio
11.6.5. Key Developments
11.6.6. Strategies
11.7. Huhtamaki Oyj
11.7.1. Company Snapshot
11.7.2. Overview
11.7.3. Financial Overview
11.7.4. Product Portfolio
11.7.5. Key Developments
11.7.6. Strategies
11.8. Others
11.8.1. Company Snapshot
11.8.2. Overview
11.8.3. Financial Overview
11.8.4. Product Portfolio
11.8.5. Key Developments
11.8.6. Strategies
CHAPTER 12. RESEARCH APPROACH
12.1. Research Methodology
12.1.1. Initial Data Search
12.1.2. Secondary Research
12.1.3. Primary Research
12.2. Assumptions and Scope