Refrigeration Packaging Market Research Report - Global Forecast To 2027

Global Refrigeration Packaging Market Information 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 2027

ID: MRFR/PNT/3635-HCR | February 2021 | Region: Global | 111 pages

Please note that the assessment period of report has been updated from 2017-2023 to 2020-2027. Cordially fill the sample form for updated data.

Market Synopsis


Packaging is essential to any food product. It protects, promotes, informs and plays a key role in providing convenience to the consumer. Freezing is one of the easiest, quickest, most versatile and most convenient methods of preserving foods. Properly frozen foods maintain more of their original color, flavor and texture and generally more of their nutrients than foods preserved by other methods.


There are several key drivers that are fuelling the frozen foods segment. With the worldwide economic growth and coinciding rising incomes, and increasingly busy lifestyles consumers, people are looking for convenient meal options that fit within their busy daily lives. Technological advancements have also played a central role, with new film types and improved packaging designs such as transparent and colored films, tear-notch openings, hanging holes, sealable zippers and single serve packaging plays an important role for the growth of the market. Vertical form fill and seal (VFFS) systems are the ideal solutions to respond to the increasing demand for frozen foods as they can quickly and effectively bag a wide variety of products and operate well in the harsh environments of the frozen food industry.


The frozen food industry has come a long way in the past several years. Gone are freezers of the past filled simply with fish sticks and freezer-burned vegetables. Many brands are offering high-quality meals that can easily be heated and served on demand. These luxury frozen food brands have reinvented the idea of frozen food as these ready-to-go premium quality meals are healthy, convenient and sustainable.


Rising demand to preserve milk in dairy shops will propel coolers demand over the projected timeframe. Diary companies are upgrading their existing capacities, and setting up cold storages along with the processing plant. This will generate the overall revenue over the forecast period. One challenge in the market is the volatility in raw material prices. The most common raw materials used in the manufacturing of packaged refrigeration, include aluminum, copper, and steel. These materials have volatile prices that affect the manufacturers, and the end-user segments. The expanding demand-supply gap in the last few years has led to the increase in the cost of raw materials.


Global interest in frozen foods has soared in recent years, resulting in numerous growth opportunities for manufacturers. In fact, MRFR predicts the global refrigeration packaging market will reach more than USD 10 billion by 2027, growing at a CAGR of ~ 5.37% during the period 2020-2027.


Refrigeration Packaging Market-By Segment Refrigeration Packaging Market Image                           


Regional Analysis


The global refrigeration packaging market is segmented as North America, Europe, Asia Pacific, and rest of the world (ROW). Among these North America is expected to witness the fastest growth in Refrigeration Packaging as the people in the region are more inclined towards convenience products. The demand for meat, poultry & seafood packaging in the region is also expected to be driven, owing to factors such as demographic shifts and increase in global population. According to the North American Meat Institute (NAMI), the meat and poultry industry is the largest segment of U.S. agriculture. Total meat and poultry production in 2012 reached more than 93 billion pounds.


In this market study, analysts have estimated Asia Pacific to dominate the refrigeration packaging market during the forecast period. Factors such as the introduction of active and intelligent packaging solutions by vendors such as Amcor and the growing demand for flexible packaging will boost refrigeration packaging growth in this region during the forecast period.


The key players of global refrigeration packaging market include Amcor Limited (Australia),  Ball Corporation (U.S.), Bemis Company, Inc.(U.S.), Crown Holdings Incorporated (U.S.)., Graphic Packaging International, Inc.(U.S.), International Paper Company (U.S.), Pactiv LLC (U.S.), Sealed Air Corporation (U.S.), Sonoco Products Company (U.S.), and WestRock Company (U.S.)


The report for Global Refrigeration Packaging Market of Market Research Future comprises extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.



Frequently Asked Questions (FAQ) :


Refrigeration packaging market is expected to record a substantial market valuation of USD 10 billion by 2027.

Refrigeration packaging market is projected to register a moderate 5.37% CAGR in the forecast period.

Increasing demand for milk preservation and frozen foods are expected to drive the growth of the market.

the fluctuations in raw material prices and impact on the environment is likely to hamper the growth of the market over the review period.

A few major market players operating in the Refrigeration packaging market are Amcor Limited (Australia), Bemis Company, Inc. (U.S.), Crown Holdings Incorporated (U.S.)., Ball Corporation (U.S.), among others.

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

3.1.3 BARGAINING POWER OF SUPPLIERS

BARGAINING POWER OF BUYERS

3.1.4 THREAT OF SUBSTITUTES

3.1.5 SEGMENT RIVALRY

3.2 VALUE CHAIN/SUPPLY CHAIN ANALYSIS

4 MARKET DYNAMICS

4.1 INTRODUCTION

4.2 MARKET DRIVERS

4.3 MARKET RESTRAINTS

4.4 MARKET OPPORTUNITIES

4.5 MARKET TRENDS

5 GLOBAL REFRIGERATION PACKAGING MARKET, BY MATERIAL

5.1 INTRODUCTION

5.2 PAPER & PAPERBOARD

5.2.1 MARKET ESTIMATES & FORECAST, 2020-2027

5.2.2 MARKET ESTIMATES & FORECAST BY REGION, 2020-2027

5.3 PLASTIC

5.3.1 MARKET ESTIMATES & FORECAST, 2020-2027

5.3.2 MARKET ESTIMATES & FORECAST BY REGION, 2020-2027

5.3 METAL

5.3.1 MARKET ESTIMATES & FORECAST, 2020-2027

5.3.2 MARKET ESTIMATES & FORECAST BY REGION, 2020-2027

5.4 OTHERS

5.4.1 MARKET ESTIMATES & FORECAST, 2020-2027

5.4.2 MARKET ESTIMATES & FORECAST BY REGION, 2020-2027

6 GLOBAL REFRIGERATION PACKAGING MARKET, BY PACKAGING TYPE

6.1 INTRODUCTION

6.2 PACKAGING TYPE

6.2.1 MARKET ESTIMATES & FORECAST, 2020-2027

6.2.2 MARKET ESTIMATES & FORECAST BY REGION, 2020-2027

6.3 BAGS AND POUCHES

6.3.1 MARKET ESTIMATES & FORECAST, 2020-2027

6.3.2 MARKET ESTIMATES & FORECAST BY REGION, 2020-2027

6.4 CONTAINERS

6.4.1 MARKET ESTIMATES & FORECAST, 2020-2027

6.4.2 MARKET ESTIMATES & FORECAST BY REGION, 2020-2027

6.5 BOTTLE & JARS

6.5.1 MARKET ESTIMATES & FORECAST, 2020-2027

6.5.2 MARKET ESTIMATES & FORECAST BY REGION, 2020-2027

6.5 OTHERS

6.5.1 MARKET ESTIMATES & FORECAST, 2020-2027

6.5.2 MARKET ESTIMATES & FORECAST BY REGION, 2020-2027

7 GLOBAL REFRIGERATION PACKAGING MARKET, BY END-USER

7.1 INTRODUCTION

7.2 RESIDENTIAL

7.2.1 MARKET ESTIMATES & FORECAST, 2020-2027

7.2.2 MARKET ESTIMATES & FORECAST BY REGION, 2020-2027

7.3 NON-RESIDENTIAL

7.3.1 MARKET ESTIMATES & FORECAST, 2020-2027

7.3.2 MARKET ESTIMATES & FORECAST BY REGION, 2020-2027

8 GLOBAL REFRIGERATION PACKAGING MARKET, BY REGION

8.1 INTRODUCTION

8.2 NORTH AMERICA

8.2.1 MARKET ESTIMATES & FORECAST, 2020-2027

8.2.2 MARKET ESTIMATES & FORECAST BY MATERIAL , 2020-2027

8.2.3 MARKET ESTIMATES & FORECAST BY PACKAGING TYPE, 2020-2027

8.2.4 MARKET ESTIMATES & FORECAST BY END-USER, 2020-2027

8.2.5 THE U.S

8.2.5.1 MARKET ESTIMATES & FORECAST, 2020-2027

8.2.5.2 MARKET ESTIMATES & FORECAST BY MATERIAL , 2020-2027

8.2.5.3 MARKET ESTIMATES & FORECAST BY PACKAGING TYPE , 2020-2027

8.2.5.4 MARKET ESTIMATES & FORECAST BY END-USER , 2020-2027

8.2.6 CANADA

8.2.6.1 MARKET ESTIMATES & FORECAST, 2020-2027

8.2.6.2 MARKET ESTIMATES & FORECAST BY MATERIAL , 2020-2027

8.2.6.3 MARKET ESTIMATES & FORECAST BY PACKAGING TYPE , 2020-2027

8.2.6.4 MARKET ESTIMATES & FORECAST BY END-USER , 2020-2027

8.3 EUROPE

8.3.1 MARKET ESTIMATES & FORECAST, 2020-2027

8.3.2 MARKET ESTIMATES & FORECAST BY MATERIAL , 2020-2027

8.3.3 MARKET ESTIMATES & FORECAST BY PACKAGING TYPE , 2020-2027

8.3.4 MARKET ESTIMATES & FORECAST BY END-USER , 2020-2027

8.3.5 U.K

8.3.5.1 MARKET ESTIMATES & FORECAST, 2020-2027

8.3.5.2 MARKET ESTIMATES & FORECAST BY MATERIAL , 2020-2027

8.3.5.3 MARKET ESTIMATES & FORECAST BY PACKAGING TYPE , 2020-2027

8.3.5.4 MARKET ESTIMATES & FORECAST BY END-USER , 2020-2027

8.3.6 GERMANY

8.3.6.1 MARKET ESTIMATES & FORECAST, 2020-2027

8.3.6.2 MARKET ESTIMATES & FORECAST BY MATERIAL , 2020-2027

8.3.6.3 MARKET ESTIMATES & FORECAST BY PACKAGING TYPE , 2020-2027

8.3.6.4 MARKET ESTIMATES & FORECAST BY END-USER , 2020-2027

8.3.7 FRANCE

8.3.7.1 MARKET ESTIMATES & FORECAST, 2020-2027

8.3.7.2 MARKET ESTIMATES & FORECAST BY MATERIAL , 2020-2027

8.3.7.3 MARKET ESTIMATES & FORECAST BY PACKAGING TYPE , 2020-2027

8.3.7.4 MARKET ESTIMATES & FORECAST BY END-USER , 2020-2027

8.3.8 ITALY

8.3.8.1 MARKET ESTIMATES & FORECAST, 2020-2027

8.3.8.2 MARKET ESTIMATES & FORECAST BY MATERIAL , 2020-2027

8.3.8.3 MARKET ESTIMATES & FORECAST BY PACKAGING TYPE , 2020-2027

8.3.8.4 MARKET ESTIMATES & FORECAST BY END-USER , 2020-2027

8.3.9 REST OF EUROPE

8.3.9.1 MARKET ESTIMATES & FORECAST, 2020-2027

8.3.9.2 MARKET ESTIMATES & FORECAST BY MATERIAL , 2020-2027

8.3.9.3 MARKET ESTIMATES & FORECAST BY PACKAGING TYPE , 2020-2027

8.3.9.4 MARKET ESTIMATES & FORECAST BY END-USER , 2020-2027

8.4 ASIA PACIFIC

8.4.1 MARKET ESTIMATES & FORECAST, 2020-2027

8.4.2 MARKET ESTIMATES & FORECAST BY MATERIAL , 2020-2027

8.4.3 MARKET ESTIMATES & FORECAST BY PACKAGING TYPE , 2020-2027

8.4.4 MARKET ESTIMATES & FORECAST BY END-USER , 2020-2027

8.4.5 CHINA

8.4.5.1 MARKET ESTIMATES & FORECAST, 2020-2027

8.4.5.2 MARKET ESTIMATES & FORECAST BY MATERIAL , 2020-2027

8.4.5.3 MARKET ESTIMATES & FORECAST BY PACKAGING TYPE , 2020-2027

8.4.5.4 MARKET ESTIMATES & FORECAST BY END-USER , 2020-2027

8.4.6 JAPAN

8.4.6.1 MARKET ESTIMATES & FORECAST, 2020-2027

8.4.6.2 MARKET ESTIMATES & FORECAST BY MATERIAL , 2020-2027

8.4.6.3 MARKET ESTIMATES & FORECAST BY PACKAGING TYPE , 2020-2027

8.4.6.4 MARKET ESTIMATES & FORECAST BY END-USER , 2020-2027

8.4.7 INDIA

8.4.7.1 MARKET ESTIMATES & FORECAST, 2020-2027

8.4.7.2 MARKET ESTIMATES & FORECAST BY MATERIAL , 2020-2027

8.4.7.3 MARKET ESTIMATES & FORECAST BY PACKAGING TYPE , 2020-2027

8.4.7.4 MARKET ESTIMATES & FORECAST BY END-USER , 2020-2027

8.4.8 REST OF ASIA PACIFIC

8.4.8.1 MARKET ESTIMATES & FORECAST, 2020-2027

8.4.8.2 MARKET ESTIMATES & FORECAST BY MATERIAL , 2020-2027

8.4.8.3 MARKET ESTIMATES & FORECAST BY PACKAGING TYPE , 2020-2027

8.4.8.4 MARKET ESTIMATES & FORECAST BY END-USER , 2020-2027

8.5 REST OF THE WORLD

8.5.1 MARKET ESTIMATES & FORECAST, 2020-2027

8.5.2 MARKET ESTIMATES & FORECAST BY MATERIAL , 2020-2027

8.5.3 MARKET ESTIMATES & FORECAST BY PACKAGING TYPE , 2020-2027

8.5.4 MARKET ESTIMATES & FORECAST BY END-USER , 2020-2027

9 COMPETITIVE LANDSCAPE

10 COMPANY PROFILE

10.1 AMCOR LIMITED (AUSTRALIA)

10.1.1 COMPANY OVERVIEW

10.1.2 PRODUCTS/SERVICES OFFERING

10.1.3 FINANCIAL OVERVIEW

10.1.4 KEY DEVELOPMENTS

10.1.5 STRATEGY

10.1.6 SWOT ANALYSIS

10.2 BALL CORPORATION (U.S.)

10.2.1 COMPANY OVERVIEW

10.2.2 PRODUCTS/SERVICES OFFERING

10.2.3 FINANCIAL OVERVIEW

10.2.4 KEY DEVELOPMENTS

10.2.5 STRATEGY

10.2.6 SWOT ANALYSIS

10.3 BEMIS COMPANY, INC.(U.S.)

10.3.1 COMPANY OVERVIEW

10.3.2 PRODUCTS/SERVICES OFFERING

10.3.3 FINANCIAL OVERVIEW

10.3.4 KEY DEVELOPMENTS

10.3.5 STRATEGY

10.3.6 SWOT ANALYSIS

10.4 CROWN HOLDINGS INCORPORATED (U.S.)

10.4.1 COMPANY OVERVIEW

10.4.2 PRODUCTS/SERVICES OFFERING

10.4.3 FINANCIAL OVERVIEW

10.4.4 KEY DEVELOPMENTS

10.4.5 STRATEGY

10.4.6 SWOT ANALYSIS

10.5 GRAPHIC PACKAGING INTERNATIONAL, INC.(U.S.)

10.5.1 COMPANY OVERVIEW

10.5.2 PRODUCTS/SERVICES OFFERING

10.5.3 FINANCIAL OVERVIEW

10.5.4 KEY DEVELOPMENTS

10.5.5 STRATEGY

10.5.6 SWOT ANALYSIS

10.6 INTERNATIONAL PAPER COMPANY (U.S.)

10.6.1 COMPANY OVERVIEW

10.6.2 PRODUCTS/SERVICES OFFERING

10.6.3 FINANCIAL OVERVIEW

10.6.4 KEY DEVELOPMENTS

10.6.5 STRATEGY

10.6.6 SWOT ANALYSIS

10.7 PACTIV LLC (U.S.)

10.7.1 COMPANY OVERVIEW

10.7.2 PRODUCTS/SERVICES OFFERING

10.7.3 FINANCIAL OVERVIEW

10.7.4 KEY DEVELOPMENTS

10.7.5 STRATEGY

10.7.6 SWOT ANALYSIS

10.8 SEALED AIR CORPORATION (U.S.)

10.8.1 COMPANY OVERVIEW

10.8.2 PRODUCTS/SERVICES OFFERING

10.8.3 FINANCIAL OVERVIEW

10.8.4 KEY DEVELOPMENTS

10.8.5 STRATEGY

10.8.6 SWOT ANALYSIS

10.9 SONOCO PRODUCTS COMPANY (U.S.)

10.9.1 COMPANY OVERVIEW

10.9.2 PRODUCTS/SERVICES OFFERING

10.9.3 FINANCIAL OVERVIEW

10.9.4 KEY DEVELOPMENTS

10.9.5 STRATEGY

10.9.6 SWOT ANALYSIS

10.10 WESTROCK COMPANY (U.S.)

10.10.1 COMPANY OVERVIEW

10.10.2 PRODUCTS/SERVICES OFFERING

10.10.3 FINANCIAL OVERVIEW

10.10.4 KEY DEVELOPMENTS

10.10.5 STRATEGY

10.10.6 SWOT ANALYSIS



TABLE 9 ASIA PACIFIC REFRIGERATION PACKAGING MARKET BY MATERIAL , BY COUNTRY, 2020-2027

TABLE 10 ROW REFRIGERATION PACKAGING MARKET BY MATERIAL , BY COUNTRY, 2020-2027

TABLE 11 GLOBAL REFRIGERATION PACKAGING BY PACKAGING TYPE MARKET: BY REGIONS, 2020-2027

TABLE 12 NORTH AMERICA REFRIGERATION PACKAGING MARKET BY PACKAGING TYPE : BY COUNTRY, 2020-2027

TABLE 13 EUROPE REFRIGERATION PACKAGING MARKET BY PACKAGING TYPE : BY COUNTRY, 2020-2027

TABLE 14 ASIA PACIFIC REFRIGERATION PACKAGING MARKET BY PACKAGING TYPE : BY COUNTRY, 2020-2027

TABLE 15 ROW REFRIGERATION PACKAGING MARKET BY PACKAGING TYPE : BY COUNTRY, 2020-2027

TABLE 16 GLOBAL REFRIGERATION PACKAGING MARKET, BY END-USER , BY REGIONS, 2020-2027

TABLE 17 NORTH AMERICA REFRIGERATION PACKAGING MARKET, BY END-USER , BY COUNTRY, 2020-2027

TABLE 18 EUROPE REFRIGERATION PACKAGING MARKET, BY END-USER , BY COUNTRY, 2020-2027

TABLE 19 ASIA PACIFIC REFRIGERATION PACKAGING MARKET, BY END-USER , BY COUNTRY, 2020-2027

TABLE 20 ROW REFRIGERATION PACKAGING MARKET, BY END-USER , BY COUNTRY, 2020-2027

TABLE 21 GLOBAL MATERIAL MARKET: BY REGION, 2020-2027

TABLE 22 GLOBAL PACKAGING TYPE MARKET: BY REGION, 2020-2027

TABLE 23 GLOBAL END-USER MARKET: BY REGION, 2020-2027

TABLE 24 NORTH AMERICA REFRIGERATION PACKAGING MARKET, BY COUNTRY

TABLE 25 NORTH AMERICA REFRIGERATION PACKAGING MARKET, BY MATERIAL

TABLE 26 NORTH AMERICA REFRIGERATION PACKAGING MARKET, BY PACKAGING TYPE

TABLE 27 NORTH AMERICA REFRIGERATION PACKAGING MARKET, BY END-USER

TABLE 28 EUROPE: REFRIGERATION PACKAGING MARKET, BY COUNTRY

TABLE 29 EUROPE: REFRIGERATION PACKAGING MARKET, BY MATERIAL

TABLE 30 EUROPE: REFRIGERATION PACKAGING MARKET, BY PACKAGING TYPE

TABLE 31 EUROPE: REFRIGERATION PACKAGING MARKET, BY END-USER

TABLE 32 ASIA PACIFIC: REFRIGERATION PACKAGING MARKET, BY COUNTRY

TABLE 33 ASIA PACIFIC: REFRIGERATION PACKAGING MARKET, BY MATERIAL

TABLE 34 ASIA PACIFIC: REFRIGERATION PACKAGING MARKET, BY PACKAGING TYPE

TABLE 35 ASIA PACIFIC: REFRIGERATION PACKAGING MARKET, BY END-USER

TABLE 36 ROW: REFRIGERATION PACKAGING MARKET, BY REGION

TABLE 37 ROW REFRIGERATION PACKAGING MARKET, BY MATERIAL

TABLE 38 ROW REFRIGERATION PACKAGING MARKET, BY PACKAGING TYPE

TABLE 39 ROW REFRIGERATION PACKAGING MARKET, BY END-USER


LIST OF FIGURES

FIGURE 1 RESEARCH PROCESS OF MRFR

FIGURE 2 TOP DOWN & BOTTOM UP APPROACH

FIGURE 3 MARKET DYNAMICS

FIGURE 4 IMPACT ANALYSIS: MARKET DRIVERS

FIGURE 5 IMPACT ANALYSIS: MARKET RESTRAINTS

FIGURE 6 PORTER’S FIVE FORCES ANALYSIS

FIGURE 7 VALUE CHAIN ANALYSIS

FIGURE 8 GLOBAL REFRIGERATION PACKAGING MARKET SHARE, BY TECHNOLOGY, 2020 (%)

FIGURE 9 GLOBAL REFRIGERATION PACKAGING MARKET, BY MATERIAL , 2020-2027 (USD MILLION)

FIGURE 10 GLOBAL REFRIGERATION PACKAGING MARKET SHARE, BY END-USER, 2020 (%)

FIGURE 11 GLOBAL REFRIGERATION PACKAGING MARKET, BY END-USER , 2020-2027 (USD MILLION)

FIGURE 12 GLOBAL REFRIGERATION PACKAGING MARKET SHARE (%), BY REGION, 2020

FIGURE 13 GLOBAL REFRIGERATION PACKAGING MARKET, BY REGION, 2020-2027 (USD MILLION)

FIGURE 14 NORTH AMERICA REFRIGERATION PACKAGING MARKET SHARE (%), 2020

FIGURE 15 NORTH AMERICA REFRIGERATION PACKAGING MARKET BY COUNTRY, 2020-2027 (USD MILLION)

FIGURE 16 EUROPE REFRIGERATION PACKAGING MARKET SHARE (%), 2020

FIGURE 17 EUROPE REFRIGERATION PACKAGING MARKET BY COUNTRY, 2020-2027 (USD MILLION)

FIGURE 18 ASIA PACIFIC REFRIGERATION PACKAGING MARKET SHARE (%), 2020

FIGURE 19 ASIA PACIFIC REFRIGERATION PACKAGING MARKET BY COUNTRY, 2020-2027 (USD MILLION)

FIGURE 20 REST OF THE WORLD REFRIGERATION PACKAGING MARKET SHARE (%), 2020

FIGURE 21 REST OF THE WORLD REFRIGERATION PACKAGING MARKET BY COUNTRY, 2020-2027 (USD MILLION)