Packaging is the process of protecting the product from all hazards it is exposed during storage and transportation. Frozen foods do not require any added preservatives to keep the food safe for a long time because microbes cannot grow on any food that is at a temperature less than zero degrees Fahrenheit. These foods will provide a way for the busy people to feed themselves with healthy meals in minutes. The benefits concerning frozen food packaging include cost-effective, convenience, safety, easy to store and others.
Asia-Pacific Frozen Food Packaging Market Size & Growth:
The Asia-Pacific Frozen Food Packaging Market size is estimated to reach approximately $ XX Billion by the end of 2024 with a CAGR close to X% from $XX Billion in 2018 during the forecast period of 2018-2024. The Key factors that drive the growth of the market include increasing demand for frozen food products, raising demand for convenience products, increase in female participation in the workforce, due to rapid urbanisation and growing corporate sector and others. Major restraints for the frozen food packaging include reduced sales for frozen products due to negative consumer perceptions coupled with stringent government regulations towards safe packaging.
Purchasing of food from grocery stores is a trend in the past days. Innovations in food delivery offer doorstep delivery services which will be the major driver influencing the growth of the market. Due to rapid growth in urbanisation along with changing lifestyles of individuals have shifted the preferences of consumers towards the frozen food products, as they require less time for cooking compared with traditional home-cooked meals.
Asia-Pacific Frozen Food Packaging Market Share:
Various parameters divided the Asia-Pacific Frozen Food Packaging Market. By the type, they are divided into boxes, cups & tubes, bags, wraps, pouches, trays and others. Among these bags & pouches segment is estimated to have the largest market because they are appealing as the functional and offers features such as zipper reseal, slide closure and release values. These pouches are cheaper to produce and are easier to fill. They are made up of materials like metal foil, polypropylene and polystyrene. By the material, they are divided into plastic, paper & paperboard, metals and others. Among these plastic segment is estimated to have the largest market share because it protects our products from oxidation and also provides an extended shelf life for the product. By the product, they are divided into meat & poultry, seafood, potato, ready meals, vegetables & fruits, soups and others. Among these meat & poultry and seafood are estimated to have the largest market share owing to increasing inclination of consumers towards the protein-rich food items coupled with growing disposable incomes among the individuals. By the End-User, the frozen food packaging market was divided into food, beverages, pharmaceuticals and others. Among this food, the segment is estimated to have the largest market share owing to increasing concern of customers towards the food & health consciousness coupled with growing applications towards easy-to-open mechanisms. By the geography, China is estimated to have fastest market growth owing to increasing consumption of frozen foods coupled with rising disposable incomes of individuals in that region.
Asia-Pacific Frozen Food Packaging Market Trends:
- AFFI has launched its frozen food sales by highlighting the nutritional quality and quantity, along with shelf-life extension benefits of freezing.
- Linpac has recently designed the latest generation of high-barrier PE vacuum skin top films to enhance the performance and shelf-appeal of its Refresh Evolve rPET trays.
Asia-Pacific Frozen Food Packaging Market Research Reports:
An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
To have complete market analysis through industry value chain analysis, Porter’s five, PESTLE, SWOT analysis, and Y-o-Y analysis.
Regional and Global Diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year–On–Year
Identifying DROC in the current market and their impact in altering the market dynamics.
Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial analysis with major competitors.
Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
Identify the latest developments, market shares and strategies that are employed by the major market players, such as
- Crown Holdings, INC
- Sealed Air Corporation
- Sonoco Products Company
- Berry Plastics
- Genpak
- Anchor Packaging
Along with these companies, there were many other companies considered/cited in the report while analysing the Asia-Pacific Frozen Food Packaging Market. These companies hold substantial share-owning to the nature of the industry whereas rest of the market shares are marginal chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust brand image, geographical reach and strong customer base.
Chapter 1 Introduction
1.1 Executive Summary
1.2 Market Definition
1.3 Scope of the Study
Chapter 2 Research Methodology
2.1 Secondary Research
2.2 Primary Research
2.3 Analytic Tools and Model
2.4 Economic Indicator
2.4.1 Base Year, Base Currency, Forecasting Period
2.5 Expert Validation
2.6 Study Timeline
Chapter 3 Market Analysis
3.1 Industry Value Chain Analysis
3.2Porter’s Five Force Analysis
3.2.1 Bargaining Power of Buyers
3.2.2 Bargaining Power of Suppliers
3.2.3 Threats of Substitutes
3.2.4 Threats of New Entrants
3.2.5 Industry Rivalry
3.3 PESTLE Analysis
3.3.1 Political
3.3.2 Economical
3.3.3 Social
3.3.4 Technological
3.3.5 Legal
3.3.6 Environmental
3.4 SWOT Analysis
3.4.1 Strengths
3.4.2 Weakness
3.4.3 Opportunities
3.4.4 Threats
3.5 Y-O-Y Analyses
Chapter 4 Market Dynamics
4.1. Drivers
4.1.1 Increasing demand for frozen food products
4.1.2 Due to rapid urbanization and growing corporate sector.
4.1.3 Raising demand for convenience foods
4.1.4 Increase in female participation in the workforce
4.2 Restraints
4.2.1 Stringent Government Regulations
4.2.2 Reduced sales of frozen foods due to negative consumer perceptions
4.3 Opportunities
4.3.1 Change in lifestyle patterns
4.4 Challenges
4.4.1 High cost of substrates
4.4.2 Recycling and Environmental concerns
Chapter 5 Asia-Pacific Frozen Food Packaging Market – By Type
5.1 Boxes
5.2 Cups & Tubes
5.3 Bags
5.4 Wraps
5.5 Pouches
5.6 Trays
5.7 Others
Chapter 6 Asia-Pacific Frozen Food Packaging Market – By Material
6.1 Plastics
6.2 Paper & Paper Board
6.3 Metals
6.4 Others
Chapter 7 Asia-Pacific Frozen Food Packaging Market – By Product
7.1 Meat & Poultry
7.2 Sea Food
7.3 Potatoes
7.4 Ready Meals
7.5 Vegetables & Fruits
7.6 Soups
7.7 Others
Chapter 8 Asia-Pacific Frozen Food Packaging Market – By End-User
8.1 Food
8.2 Beverages
8.3 Pharmaceuticals
8.4 Others
Chapter 9 Asia-Pacific Frozen Food Packaging Market – By Geography
9.1 Introduction
9.2 APAC
9.2.1 China
9.2.2 Japan
9.2.3 India
9.2.4 South Korea
9.2.5 Australia & New Zealand
9.2.6 Rest of APAC
Chapter 10 Asia-Pacific Frozen Food Packaging Market – Company Profiles
10.1 Amcor Limited
10.2 Crown Holdings, INC
10.3 International Paper Company
10.4 Graphic Packaging International, INC
10.5 Pactiv, LLC
10.6 Sealed Air Corporation
10.7 Sonoco Products Company
10.8 WestRock Company
10.9 Berry Plastics
10.10 Exopack Holding
10.11 RockTenn Company
10.12 Anchor Packaging
Chapter 11 Asia-Pacific Frozen Food Packaging Market – Competitive Landscape
11.1. Market Share Analysis
11.2. Strategies Adopted by top companies
11.3. Mergers, Acquisitions, Collaborations & Agreements
Chapter 12 Market Insights
12.1. Industry Experts Insights
12.2. Analysts Opinions
12.3. Investment Opportunities
Chapter 13 Appendix
13.1 List of Tables
13.2 List of Figures
