Refrigeration Packaging Market 2019 Global Size, Share, Top Key Players, Worldwide Analysis, Trends, Growth, Development, Investments, Business Risk, And Regional Forecast To 2023

Refrigeration Packaging Market 2019 Global Size, Share, Top Key Players, Worldwide Analysis, Trends, Growth, Development, Investments, Business Risk, And Regional Forecast To 2023

“Refrigeration Packaging Market”
Global Refrigeration Packaging Market Size, Share, Trends, Growth, Future Scope, Analysis by Packaging Material (Paper & Paperboard, Plastic, Metal and Others), by packaging type (Boxes And Cartons, Bags And Pouches, Containers, Bottle & Jars and Others), By end-user (Residential, Non-Residential) and Region – Forecast To 2023

Refrigeration Packaging Market Analysis

The global refrigeration packaging market is touted to surpass USD 10 billion at a notable 5.37% CAGR over the estimated years (2017-2023). Packaging plays a vital role for every food product. This helps in protecting, promoting, informing and playing a pivotal part in offering consumers with convenience. When foods are properly frozen it helps in maintaining their texture, flavor and original color and above all its nutrients compared to foods that are preserved through other methods. With rising household incomes and busy consumer lifestyles, a major part of the populace is on the lookout for convenient choices which can fit perfectly in their hectic schedules. Advancements and innovations in technology have allowed flexible packaging companies to provide improved packaging designs and new film types that helps in protecting, promoting and storing the product. Various specifications such as single serve packing, tear notch openings, re-sealable zippers and printed films play a vital part to enhance this trend.

There are plentiful factors that is boosting the growth of the refrigeration packaging market. These factors as per the Market Research Future (MRFR) report include change in the preference of consumers for safe food, initiatives taken by the government for food safety, growing need for single use packaging/small portion food items, increase in retail outlets, growth in the retail sector, demand for processed food, packaging innovations and increasing disposable income that has increased the consumption of seafood products, poultry and meat. Besides, innovations in the likes of improved packaging designs and new film types such as single serve packaging, sealable zippers, hanging holes, tear-notch openings and colored and transparent films are boosting the growth of the refrigeration packaging market. VFFS or vertical form fill and seal is the perfect solution to cater to the burgeoning need for frozen foods owing to the fact that these can effectively and quickly bag assorted products as well as operate well even in harsh settings of the frozen food industry. On the contrary, volatility in the prices of raw materials, inclination for fresh cooked food as well as added price of the final food product are factors that may impede the growth of the refrigeration packaging market.

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Key Players

Leading players profiled in the refrigeration packaging market include

  • WestRock Company (U.S.)
  • Sonoco Products Company (U.S.)
  • Sealed Air Corporation (U.S.)
  • Pactiv LLC (U.S.)
  • International Paper Company (U.S.)
  • Graphic Packaging International, Inc. (U.S.)
  • Crown Holdings Incorporated (U.S.).
  • Bemis Company, Inc. (U.S.)
  • Ball Corporation (U.S.)
  • Amcor Limited (Australia).

Industry News

May 2019- Ecolean is coming up with its next packaging production facility in Sweden that will employ about 100 people post completion of the construction sometime in 2020. This new production facility in Landskrona will make lightweight packaging solutions for catering the need of the liquid food industry. The lightweight packaging solutions are given the shape of a pitcher thereby making it capable to stand on the shelf. The package range can be utilized for chilled liquid products including beverages, soups, still drinks and dairy. These packages will consume less space as well as lead to minimum waste volumes.

Market Segmentation

MRFR report provides an extensive segmental analysis of the refrigeration packaging market on the basis of material, type and end-user.

Based on packaging material, it is segmented into metal, plastic, paper & paperboard and others.

Based on packaging type, the refrigeration packaging market segmented into bottle and jars, containers, bags and pouches, boxes and cartons and others.

Based on end-user, it is segmented into non-residential and residential.

Regional Analysis

By region, the refrigeration packaging market covers growth opportunities and latest trends across North America, Asia Pacific, Europe and Rest of the World. Of these, North America will sway the market over the estimated years. This is owing to the inclination of people in this region for convenience food products. The growing need for seafood, poultry and meat is also expected to bolster the market demand along with boost in global population and demographic shifts.

Table Of Content

1 EXECUTIVE SUMMARY

2 SCOPE OF THE REPORT

2.1 MARKET DEFINITION

2.2 SCOPE OF THE STUDY

2.2.1 DEFINITION

2.2.2 RESEARCH OBJECTIVE

2.2.3 ASSUMPTIONS

2.2.4 LIMITATIONS

2.3 RESEARCH PROCESS

2.3.1 PRIMARY RESEARCH

2.3.2 SECONDARY RESEARCH

2.4 MARKET SIZE ESTIMATION

2.5 FORECAST MODEL

3 MARKET LANDSCAPE

3.1 PORTER’S FIVE FORCES ANALYSIS

3.1.1 THREAT OF NEW ENTRANTS

3.1.2 BARGAINING POWER OF BUYERS

3.1.3 BARGAINING POWER OF SUPPLIERS

3.1.4 THREAT OF SUBSTITUTES

3.1.5 SEGMENT RIVALRY

3.2 VALUE CHAIN/SUPPLY CHAIN ANALYSIS

Continues…….

List Of Tables

TABLE 9 ASIA PACIFIC REFRIGERATION PACKAGING MARKET BY MATERIAL , BY COUNTRY, 2017-2023

TABLE 10 ROW REFRIGERATION PACKAGING MARKET BY MATERIAL , BY COUNTRY, 2017-2023

TABLE 11 GLOBAL REFRIGERATION PACKAGING BY PACKAGING TYPE MARKET: BY REGIONS, 2017-2023

TABLE 12 NORTH AMERICA REFRIGERATION PACKAGING MARKET BY PACKAGING TYPE : BY COUNTRY, 2017-2023

TABLE 13 EUROPE REFRIGERATION PACKAGING MARKET BY PACKAGING TYPE : BY COUNTRY, 2017-2023

TABLE 14 ASIA PACIFIC REFRIGERATION PACKAGING MARKET BY PACKAGING TYPE : BY COUNTRY, 2017-2023

TABLE 15 ROW REFRIGERATION PACKAGING MARKET BY PACKAGING TYPE : BY COUNTRY, 2017-2023

TABLE 16 GLOBAL REFRIGERATION PACKAGING MARKET, BY END-USER , BY REGIONS, 2017-2023

Continues……..

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