Innovative Ice Cream Packaging Rides on Growing Consumption Trends: Industry Poised to Expand 1.5 Times by 2033

The Ice Cream Packaging Market is experiencing a dynamic surge driven by evolving consumer preferences, innovative product launches, and the global growth of the ice cream industry. Projected to reach a valuation of US$ 853.74 million by 2023, with an anticipated CAGR of 4.0% until 2033, this market is poised for substantial expansion. The cup segment, a frontrunner in packaging types, is expected to maintain its prominence with an estimated CAGR of 4.5% during the forecast period.

The rising consumption of ice creams across diverse regions, coupled with the introduction of unique and exotic flavors, is fueling the demand for creative and functional packaging solutions. An illustrative example is Amul's Isabcool ice cream, infused with traditional Indian ingredients, reflecting how innovative product offerings can stimulate market growth. As major players in the ice cream and dairy sector continue to introduce captivating flavors and concepts, the packaging industry is set to witness an upward trajectory, projected to expand to US$ 1263.74 million by 2033, marking a remarkable 1.5-fold increase from the current market value.

Supercharge Your Knowledge: Dive into the Booming Ice Cream Packaging Market with Our Sample Report! https://www.futuremarketinsights.com/reports/sample/rep-gb-15504

Packaging for ice creams needs to be both attractive visually and provide exceptional product protection. Excellent ice cream packaging quality will make the product sell better, last longer, and improve brand recognition. Thus, rapid development of high-quality and unique designs of ice cream packaging is expected to boost sales and help companies to stay ahead of their competitors.

Moreover, consumers are increasingly turning to ice creams for indulgent pleasure, which is driving sales of cutting-edge ice cream packaging. Various brands are striving to adapt to their options of ice cream packaging to suit a more direct-to-consumer supply chain approach owing to the new way of selling online. Manufacturers have decided to steer clear of plastic as consumer preference for sustainable packaging has increased. Hence, they are coming up with sustainable ice cream packaging solutions globally.

The future of the ice cream packaging industry will be better for the environment as more environmentally friendly alternatives are being discovered. It will also benefit consumers because there will be more options for easy ice cream packaging.

Key Takeaways:

The cup segment under packaging type is expected to hold around 32% of the market share by the end of 2032.
Based on material, the plastic segment is anticipated to grow 1.5x the current market value during the forecast period (2022-2032).
The global ice cream packaging market witnessed a CAGR of 3.7% during the historic period (2015-2021).
The U.S. ice cream packaging market is projected to create an incremental opportunity of US$ 45.2 Mn during 2022-2032.
The New Zealand ice cream packaging market is estimated to grow at 3.4% CAGR during 2022-2032.

"Manufacturers are focusing on developing sustainable and innovative ice cream packaging, which would push sales. Besides, expansion of the e-commerce industry will propel growth in the global market," says a FMI analyst.

Rising Demand for Ready-to-eat Ice Creams to Drive the Global Market

In today's world, convenience is not just about portability, but also about protecting hygiene. Consumers are looking for convenient and ready-to-eat ice cream products backed by their busy lifestyles. These products are easy to transport and can be eaten at work. Hectic schedules of consumers are compelling them to buy ice cream in bulk and keep it in their refrigerators for a longer period of time. Thus, manufacturers are focusing on developing unique packaging that would provide longer shelf life and help to keep the ice cream quality good.

Increasing Demand for Sustainable Packaging is Propelling the Global Market

Consumers are preferring novel packaging that looks attractive, as well as is beneficial for the environment, whether they are buying ice cream regularly or spontaneously. Also, the packaging should be able to keep the product fresh and should reveal the brand essence. Ice cream packaging manufacturers are thus producing sustainable solutions, which would fuel the global market.

Competitive Landscape: 

Berry Global Group, Amcor Plc, ITC Packaging, INDEVCO Group, Huhtamaki Oyj, International Paper Company, Stora Enso Oyj, Sonoco Products Company, Frapak Packaging b.v., Tetra Laval, Stanpac Inc., Insta Polypack, Sirane Limited, Safepack Solutions, Uniflex, Delkor Systems, Inc., Scholle Ipn Corporation, and Pixelle Specialty Solutions are some of the leading ice cream packaging manufacturers worldwide.

Get More Insights:

Future Market Insights, in its new report, offers an unbiased analysis of the global ice cream packaging market, analyzing historical demand from 2015-2021 and forecast statistics for 2022-2032. The study reveals market growth projections on the ice cream packaging market based on the packaging type (cup, tub, stick pack, folding carton, and others (jar, cone, wrappers, etc.)), material (plastic, paper & paperboard, glass, and others (metal, etc.)), and sales channel (online, and offline) across seven regions.

Request Report Methodology: https://www.futuremarketinsights.com/request-report-methodology/rep-gb-15504

Global Ice Cream Packaging Market Outlook By Category

By Packaging Type:

Cup
Tub
Stick Pack
Folding Carton
Others (Jar, Cone Wrappers, etc.)

By Material:

Plastic
Paper & Paperboard
Glass
Others (Metal, etc.)

By Sales Channel:

Online
Offline

By Region:

North America
Latin America
Europe
South Asia
East Asia
Middle East & Africa
Oceania

Contact:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA

About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries

This release was published on openPR.