Latest Update: Frozen Food Packaging Market Growth, Opportunities and Business Outlook- ProAmpac LLC, Sonoco Products Company, American Packaging Corporation, Bemis Company
The frozen food packaging market was valued at USD 39.48 million in 2018 and is expected to reach a value of USD 53.43 million by 2024 at a CAGR of 5.18% over the forecast period of 2019-2024.
Recently, according to consumers convenience, frozen food packaging provides features like the packings are lightweight, unbreakable, and resealable, lower fossil fuel usage and is also capable of greenhouse gas emissions, water usage for creating eco-friendly environment.
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The Global Frozen Food Packaging market report chiefly includes following manufacturers-
ProAmpac LLC, Sonoco Products Company, American Packaging Corporation, Bemis Company, Inc., Berry Plastics Group, Inc., Carter Holt Harvey Packaging S.A., Cascades Inc, Reynolds Presto Products Inc. WestRock Company
Global Frozen Food Packaging Market Competitive Landscape
Bags Packaging Type to Account for a Major Share in the Market
- Various factors, such as changing lifestyle, increasing disposable income, and rapid urbanization in developing countries, especially the growing middle-income population, are increasing the demand for bags for frozen food. In the United States, the growing adoption of freezer bag has increased the growth of frozen food packaging market.
- Plastic bags are available in different sizes and shapes. It offers several benefits, such as the ability to tolerate temperatures, and technical advantages, which is further fuelling the demand for bags in frozen food packaging.
- Ziploc bag is an important example of bag packaging. This type of bag is available in various sizes and can be used for storing meat and dairy food. For instance, dairy products can be frozen in freezer bags, as these are ideal for short-term usage and saving space. Another major trend being followed is customizing the product based on client requirements.
Major Highlights of Frozen Food Packaging Market report:
-Frozen Food Packaging Market Overview
-Market Competition by Manufacturers
-Industrial Chain, Sourcing Strategy and Downstream Buyers
-Marketing Strategy Analysis, Distributors/Traders
-Market Effect Factors Analysis
-Global Frozen Food Packaging Market Forecast (2020-2025)
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Global Frozen Food Packaging Market Scenario-
Each segment of the global Frozen Food Packaging market is extensively evaluated in the research study. The segmental analysis offered in the report pinpoints key opportunities available in the global Frozen Food Packaging market through leading segments. The regional study of the global Frozen Food Packaging market included in the report helps readers to gain a sound understanding of the development of different geographical markets in recent years and also going forth.
The information displayed in the worldwide Frozen Food Packaging market offers maturing openings, which help clients to make key moves and flourish their business. The report features the effect of various elements that may bring about impeding or pushing the Frozen Food Packaging advertise at worldwide just as nearby level. The worldwide Frozen Food Packaging statistical surveying report offers the outline of key players overwhelming the Frozen Food Packaging market including a few perspectives, for example, their money related synopsis, business technique, and latest advancements in these organizations.
- May 2019 - Cascades Sonoco, a joint venture of Cascades Inc. and Sonoco Products Company inaugurated the expansion of packaging facility in Birmingham, Alabama, by its new production line of innovative, eco-friendly packaging. They have invested USD17 million to produce a water-based functional coating solution which can create recyclable, repulpable and compostable containers.
- April 2019 - WestRock Company has got the "Innovator Award" for the companys work in improving the recyclability of foodservice packaging.
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