GLOBAL OPPORTUNITY AND FORECAST 2023 GLOBAL FROZEN FOOD PACKAGING MARKET Increase in female participation in the workforce and changes in family dynamics.

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Presentation transcript:

GLOBAL OPPORTUNITY AND FORECAST 2023 GLOBAL FROZEN FOOD PACKAGING MARKET Increase in female participation in the workforce and changes in family dynamics has increased the consumption of frozen food, thus fueling the growth of the frozen food packaging market.

FROZEN FOOD PACKAGING MARKET ANALYST REVIEW Increase in demand for frozen ready meals due to increasing female participation in the workforce and changing family dynamics in Asia-Pacific region, accelerates the growth of the frozen food packaging market. Eswara Prasad Team Lead, Chemicals & Materials at AMR

CURRENT AND FUTURE MARKET SCENARIO The global frozen food packaging market was valued at $33,231 million in The global frozen food packaging market is projected to reach $47,376 million by The global frozen food packaging market registering a CAGR of 5.3% from 2017 to Plastics-based frozen food packaging accounted for the highest market share and is expected to grow at the highest CAGR of 5.7%. Frozen food packaging for ready meals accounted for the highest market share.

TOP IMPACTING FACTORS TO MARKET GROWTH The rapid growth in urbanization and fast paced lifestyle. Increase in female participation in the workforce and changes in family dynamics. Wide on-the-go consumer base and growth in purchasing power in emerging economies. Top Investment Pockets China is expected to be the most attractive market for frozen food packaging owing to the exponential increase in the consumption of frozen food products. The countrys frozen food packaging market is expected to grow at the highest CAGR of 8.0% from 2017 to 2023.

FROZEN FOOD PACKAGING MARKET SEGMENTATION BY TYPE Boxes Bags Cups & Tubs Trays Wraps Pouches Others Get PDF Sample BY PRODUCTS Ready Meals Meat & Poultry Sea Food Potatoes Vegetables & Fruits Soups BY MATERIALS Plastics Paper & Paperboards Metals Others (Glass and Wood)

DOMINATING SEGMENTS FROZEN FOOD PACKAGING FOR READY MEALS PLASTICS-BASED FROZEN FOOD PACKAGING Frozen food packaging for ready meals accounted for the highest market share. Plastics-based frozen food packaging accounted for the highest market share and is expected to grow at the highest CAGR of 5.7%.

GEOGRAPHICAL OVERVIEW Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Europe generated the highest revenue, accounted for approximately two-fifths share of the market in North America frozen food packaging market is anticipated to grow at a CAGR of 4.4% from 2017 to Asia-Pacific is expected to grow at the highest CAGR of 7.8%, followed by LAMEA.

DOMINATING MARKET PLAYERS PROFILED IN THE STUDY Amcor Ltd. Ball Corporation Bemis Company Inc. Crown Holdings Inc. Graphic Packaging International Inc. International Paper Company Pactiv LLC Sealed Air Corporation Sonoco Products Company and WestRock Company.

A Report Titled “Frozen Food Packaging Market- Opportunities And Forecasts, 2017– 2023” has been recently published by Allied Market Research. It makes an In-depth Analysis of current trends, drivers, and restraining factors that affect Financial Ratios relevant to the industry. Company profiles for key vendors in business builds a comprehensive picture of profitable opportunities from Stakeholder’s Perspective. To Know More About Frozen Food Packaging Market- Opportunities and Forecasts Get PDF Sample Copy Follow Allied Market Research

ABOUT ALLIED MARKET RESEARCH Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry. Contact: Shriram Dighe 5933 NE Win Sivers Drive #205, Portland, OR United States Toll Free: UK: Hong Kong: India (Pune): Fax: Web: