Frozen Food Packaging Market to Reach USD 2.0 Billion, Globally by 2033 at 8.3% CAGR: Future Market Insights, Inc.

Frozen Food Packaging Market

The frozen food packaging market is projected to be valued at USD 900 million in 2023 and grow to USD 2.0 billion by 2033. The market is estimated to capture a CAGR of 8.3% during the forecast period.

The rising demand for sustainable and excellent packaging are driving the adoption of frozen food packaging. The rising fast-paced lifestyle, urbanization, modernization, and busy schedules are growing the demand for frozen food packaging during the forecast period.

Consumers are growing the adoption of frozen food packaging items to prepare quick meals. Moreover, manufacturers are increasingly adopting superior quality packaging materials with the rising awareness towards food wastage and hazardous eco-system.

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An increased workforce, changes in consumer preferences, and a luxurious lifestyle increase frozen food packaging sales. The growing innovation and new entrance of market players are surging the demand for frozen food packaging.

The rising consumption of frozen foods in emerging economies, as it is affordable to the working population, and the advancing food industry are increasing the market expansion during the forecast period. Furthermore, enhancing the shelf-life of food and uneven mealtime habits among consumer’s uplifts market opportunities.

Printing and Customization Trends Fueling Frozen Food Packaging Market

Frozen food packaging stores the food items fresh for a longer time. Moreover, manufacturers are developing printed and customized packed food items to attract consumers’ attention. Marketers are innovating new tactics to highlight their brand values and rapidly expanding the market.

The product information printed on packaging boxes or pouches provides information on manufactured data and other details related to the food items. This information connects the consumers and builds trust to buy the products with excellent standards. The types of shapes, colors, designs and unique style decorations enhance the packaging to stuck customers’ eyes on the item.

Key Takeaways:

  • The frozen food packaging market is expected to have a valuation of USD 2.0 billion by 2033.
  • With a CAGR of 8.3%, the global market is increasing during the forecast period.
  • The United States frozen food packaging market is anticipated to register a CAGR of 8.1% through 2033.
  • With a CAGR of 7.4%, the United Kingdom market significantly uplifts during the forecast period.
  • The China market is expected to record a CAGR of 7.7% over the forecast period.

Who is Winning?

The market is fragmented by the presence of players all around the globe, operating at different levels. The manufacturing companies are focusing on research and development activities to innovate better product services as per consumers’ requirements. These players make several marketing tactics, such as mergers, collaborations, partnerships, agreements, and acquisitions.

Prominent Players in the Market are:

  • Mondi Group
  • Ampac Holdings, LLC
  • Amcor Plc
  • International Paper Company
  • KOROZO Ambalaj San.ve Tic A.S.
  • Sealstrip Corporation
  • Sonoco Products Company
  • Alto Packaging
  • Sealed Air Corporation
  • Huhtamaki Group
  • MOD-PAC Corp
  • WestRock Company
  • Tray-Pak Corporation
  • Uflex Limited.
  • Amerplast Ltd.

Recent Developments in the Frozen Food Packaging Market:

In 2021, Amut Ecotech in partnership with Erema, an Australia-based firm, installed the new food-grade PET sheet in New Zealand, which is produced by Alto Packaging.

Frozen Food Packaging Market by Category

By Material Type:

  • Plastic
    • Polyethylene
    • Polypropylene
    • Ethyl Vinyl Acetate
    • Polyvinyl Chloride
    • Polyvinylidene Chloride
    • Polystyrene
    • Polyethylene Terephthalate
  • Aluminium
  • Paper & Paperboard
  • Tempered Glass

By Packaging Type:

  • Rigid
    • Boxes
    • Tubs & Cups
    • Cans
    • Trays
  • Flexible
    • Pouches
    • Bags
    • Films
  • Others

By Food Type:

  • Ready-to-eat Products
  • Fruits & Vegetables
  • Meat, Poultry, & Seafood
  • Dairy Products
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia & Pacific
  • East Asia
  • Middle East & Africa (MEA)

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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