Global Frozen Food Packaging Market – Industry Trends and Forecast to 2030

Global Frozen Food Packaging Market, By Material (Paper and Paperboard, Plastic, Metal, Other Packaging Materials), Type (Boxes and Carton, Bags and Pouches, Containers, Trays, Films and Wraps, Bottles and Jars, Others), Application (Meat, Poultry and Seafood, Ice Cream, Baked Goods, Fruit and Vegetables, Other Application) – Industry Trends and Forecast to 2030.

Frozen Food Packaging Market Analysis and Size

The frozen food packaging market trend has been growing rapidly due to higher demand for the packed frozen food products, and a strong retail system in developing countries. There is a huge dependency on ready-to-consume packaged frozen food products to preserve time. Recently, according to the consumer’s convenience, frozen food packaging provides various features such as the packings are resealable, lightweight and unbreakable, and is also capable of maintaining greenhouse gas emissions for creating an eco-friendly environment.

Data Bridge Market Research analyses that the frozen food packaging market is expected to reach USD 68.30 million by 2030, which is USD 45.87 million in 2022, registering a CAGR of 5.10% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.     

Frozen Food Packaging Market Scope and Segmentation

Market Definition

Frozen food packaging helps to preserve frozen food products from the time it is prepared to the time it is consumed.  The frozen food packaging aids to maintain original texture, color, flavor and commonly more nutrients preserved by other methods. Generally, meat, seafood, frozen desserts, ice creams, fruits and vegetables, and baked goods are packaged in bags, wrappers, pouches, boxes, tubs and cups, and trays.

Frozen Food Packaging Market Dynamics

Drivers

• Increasing demand for ziploc bag for the packaging of frozen food

Ziploc bag is a significant example of the packaging of frozen food. This type of bag is available in various shapes and sizes and can be used for dairy food and storing meat. For instance, dairy products can be frozen in freezer bags because these are perfect for usage at short periods of time and saving space. These bags offer several benefits, such as technical advantages and the ability to tolerate temperatures, further increasing the demand for these bags for packaging frozen food and expected to drive the market growth rate.

• Rising importance of material selection for frozen food packaging

Material selection for the packaging of frozen food plays an important role because the selected material should be leakage-proof, durable, moisture resistant and should also be able to preserve the nutritional value, colour, texture, and the flavour of the frozen food. Furthermore, it should be able to avoid the dehydration and degradation of frozen food and should have good temperature stability during storage and transportation. Therefore, increasing importance of material selection for frozen food packaging is anticipated to drive the market growth.

 Opportunities

• Growth and expansion of organized retail stores

Organized retail stores are an important part of large retail chains that have a major availability in the global market. The growth and expansion in the organized retail chain is directly increase the sales of the frozen food products which eventually surge the demand for frozen food packaging solutions in the industry. For instance, Walmart is anticipated to host more than 11,000 stores globally, and Amazon is projected to open above 3,000 cashier-less stores by 2021. Hence, the demand for frozen food packaging increases, which will be expected to create immense market growth opportunities during the forecast period.

• Several value-added features and technological advancements associated with frozen food packaging

Technological advancements such as improved packaging designs for frozen food to store, protect, and promote them also play an important role in augmenting the demand for the frozen food packaging during the forecast period. Furthermore, several value-added features such as top notches, zippers and the usage of high quality graphics further generate immense opportunities for market growth.

Restraints/ Challenges

• Harmful effects of usage plastic

Frozen food packaging solution helps to preserve food dehydration and spoilage and maintain longer shelf life of frozen food products. These packaging solution for frozen food keep the food moisture, leak-proof, puncture-resistant, resistant and reliable enough to oppose heavy drop weight. The frozen food packaging firms is progressively using plastic packaging due to their excellent stopper properties to preserve food contents from physical factors such as light, moisture and oxygen. As a result, the harmful effects of plastic are getting inculcated in the food products thus, hampering the heath of the people. This factor is hampering the growth of the market during the forecast period.

This frozen food packaging market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growth  application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the frozen food packaging market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Development

• In 2019, Cascades Sonoco and Sonoco Products Company invested for the expansion of their packaging facility in Alabama, by its new production line of eco-friendly and innovative packaging. They have invested around USD 17 million to create a water-based functional coating solution which can produce recyclable and compostable containers.
• In 2019 - WestRock Company got the "Innovator Award" for improving the recyclability of the foodservice packaging. The major goal of these awards is to inspire other organizations and highlight new solutions within the space to scale and test sustainable packaging innovations.

Global Frozen Food Packaging Market Scope

The frozen food packaging market is segmented on the basis of material, type and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Material

• Paper and Paperboard
• Plastic
• Metal
• Other Packaging Materials

Type

• Boxes and Carton
• Bags and Pouches
• Containers
• Trays
• Films and Wraps
• Bottles and Jars
• Others

Application

• Meat
• Poultry and Seafood
• Ice Cream
• Baked Goods
• Fruit and Vegetables
• Other Application

Frozen Food Packaging Market Regional Analysis/Insights

The frozen food packaging market is analyzed and market size insights and trends are provided by country, material, type and application as referenced above.

The countries covered in the frozen food packaging market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa.

Asia-Pacific dominates the frozen food packaging market in terms of market share and revenue owing to the growing demand for plastic based frozen food packaging in this region. Furthermore, growing preferences towards convenience foods will further increase the growth of the market in the region.

North America is expected to be the fastest developing region during the forecast period of 2023-2030 owing to increasing demand and consumption of frozen food products in this region.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Frozen Food Packaging Market Share Analysis

The frozen food packaging market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to frozen food packaging market.

Some of the major players operating in the frozen food packaging market are:

• AVPack Plastic Manufacturers (South Africa)
• Suzhou Yuxinhong Plastic Packaging Co., Ltd. (China)
• Natural Value Inc. (U.S.)
• Coveris (U.K.)
• Shenzhen Chengxing Packing and Material Co.Ltd (China)
• Four Star Plastics (U.S.)
• AMERICAN MANUFACTURE COMPANY (U.S.)
• The Clorox Company (U.S.)
• Polyvinyl Films, Inc (U.S.)
• ECPlaza Network Inc (China)
• Shenzhen Bull New Material Technology Co., Ltd (China)
• SHENZHEN XINTENG PACKAGING CO., LIMITED (China)
• Reynolds Consumer Products (U.S.)
• XINJIANG RIVAL TECH CO., LTD (China)
• Berry Global Inc (U.S.)
• Amcor plc (Switzerland)
• Sealed Air (U.S.)
• Mondi (U.K.)
• Sonoco Products Company (U.S.)