Frozen food packaging market is expected to grow rapidly in the coming years. Major factors driving the growth of the global frozen food packaging market are increasing consumer interests towards convenience and healthy ready-to-eat meals. In addition, rising disposable incomes, and emerging online retail and meal delivery system, is expected to fuel market growth in the forecast period.
The global frozen food packaging market report has been segmented on the basis of material, type, application and region.
On the basis of material, the global frozen food packaging market is segmented into paper & paperboard, plastic, metal and others (glass, wood, fiber etc.) The plastic segment is expected to dominate the market in terms of revenue owing to its flexibility and best utilization of shelf space. Whereas, the paper & paperboard segment is expected to register a robust CAGR in the global frozen food packaging market.
On the basis of type, the global frozen food packaging market is segmented into bags & pouches, trays, boxes & cartons, bottles & jars, containers, films & wraps and others (cups, tubs, bowls etc.) The bags & pouches segment is expected to register a significant growth in terms of revenue. Moreover, this segment will register a highest CAGR growth in the global market.
On the basis of application, the global frozen food packaging market is segmented into meat, poultry & seafood, baked goods, fruits & vegetables, ice cream, frozen dinners and meals and others (juice, soup, appetizers etc.)
On the basis of region, the global frozen food packaging market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
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The market in Asia-Pacific is one of the major markets for frozen food packaging. The market has various opportunity for market players in frozen food packaging solutions and as it is still in the emerging stage in terms of adoption of latest packaging products. The North America market is expected to dominate owing to demographic trends such as small household sizes, and increasing demand for convenience foods.
Key players in the global frozen food packaging market include, The Dow Chemical Co., Amor Ltd., Crown Holding Inc., Bemis Company Inc., Owens-Illinois Inc., International Paper Company, Sonoco Products Company, Sealed Air Corporation, Berry Global Group Inc., Printpack Inc. and Huhtamaki Oyj.