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The frozen food packaging market share in APAC is expected to increase by USD 3.13 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 7.00%.
This frozen food packaging market in APAC research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers frozen food packaging market in APAC segmentation by product (ready to eat products, meat poultry and seafood, fruits and vegetables, frozen desserts, and others) and geography (China, Japan, India, South Korea (Republic of Korea), and Rest of APAC). The frozen food packaging market in APAC report also offers information on several market vendors, including Amcor Plc, Ball Corp., EasyPak LLC, Genpak LLC, Graham Packaging Co., Pactiv LLC, Placon Corp., Sonoco Products Co., Tetra Pak Group, and The West Rock group among others.
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The rising global fresh meat consumption is notably driving the frozen food packaging market growth in APAC, although factors such as stringent regulations for sustainable packaging may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the frozen food packaging industry in APAC. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Frozen Food Packaging Market Driver in APAC
The rising global fresh meat consumption is one of the key drivers supporting the frozen food packaging market growth in APAC. Fresh meat accounts for the highest share of the total demand for meat products. APAC and Europe are projected to witness positive growth. The substitution of red meat with leaner meat in North America and Western Europe has increased the consumption rate of pork and poultry. Compared with all other types of meats, poultry is expected to witness a higher consumption rate. Growth in the global consumption of meat proteins is projected to increase by 14% by 2030 compared to the base period average of 2018-2020, driven largely by income and population growth. Rising health consciousness is a major reason that will increase poultry consumption across the world. Such concerns will drive the market growth during the forecast period.
Key Frozen Food Packaging Market Trend in APAC
The growing use of biodegradable packaging techniques is one of the key trends contributing to the frozen food packaging market growth in APAC. For instance, Amcor's subsidiary, Bemis, has introduced an environment-sustainable packaging named Bemis EZ Peel for meat packaging. This product reduces the packaging material by 43% and provides an 83% reduction in freight volume and fuel consumption during transportation. Similarly, Clondalkin Group Holdings BV (Clondalkin Group), a Europe-based vendor that supplies packaging films across the world, has a separate product segment for biodegradable films. It offers biodegradable and compostable packaging films for various food and frozen food packaging applications, such as meat, fruits, vegetable, and poultry packaging. Such techniques are driving the market growth.
Key Frozen Food Packaging Market Challenge in APAC
Stringent regulations for sustainable packaging is one of the factors hampering the frozen food packaging market growth in APAC. Most of the frozen food packaging materials, in both flexible and rigid plastic packaging, are non-degradable. The disposal of such packaging materials leads to landfill creation. The huge labor and equipment costs, along with the stringent government regulations regarding landfill reduction, force frozen food packaging manufacturers to adopt alternatives such as investing in edible packaging. For instance, as per the National Environmental Policy Act in the US, all packaging materials used for food packaging have to be approved by Environmental Assessment with a certificate of Finding No Significant Impact, followed by the clearance from the FDA. These processes of certification check the environmental impact of each food packaging material during use and after disposal. Such imposed regulations will negatively impact the market growth during the forecast period.
This frozen food packaging market in APAC analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Technavio categorizes the frozen food packaging market in APAC as a part of the global metal and glass containers market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the frozen food packaging market in APAC during the forecast period.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
This statistical study of the frozen food packaging market in APAC encompasses successful business strategies deployed by the key vendors. The frozen food packaging market in APAC is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The frozen food packaging market in APAC forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Our report provides extensive information on the value chain analysis for the frozen food packaging market in APAC, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
The value chain of the metal and glass containers market includes the following core components:
The report has further elucidated on other innovative approaches being followed by manufacturers to ensure a sustainable market presence.
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42% of the market's growth will originate from China during the forecast period. China is the key market for frozen food packaging market in APAC. Market growth in this region will be slower than the growth of the market in South Korea (Republic of Korea) and India.
The large population and urbanization will facilitate the frozen food packaging market growth in China over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID Impact and Recovery Analysis
For instance, international meat prices declined in 2020 due to the negative impact of COVID-19. However, the relaxation in the COVID-19 restriction from the Q3 of 2020 has further propelled the regional economic activities which has significantly accelerated the market in focus. Furthermore, the spread of African swine flu (ASF) in the country has further boosted the import of meat and meat-based product. This has significantly boosted the demand for frozen food products in China in 2021.
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The frozen food packaging market share growth in APAC by the ready-to-eat products segment will be significant during the forecast period. The ready-to-eat products segment captured the highest share of the frozen food packaging market in APAC in 2021. This is attributed to the changing consumer preferences for the consumption of healthy food coupled with the rising need for a healthy nutritional profile of the young population in the APAC country such as India. In addition, a rise in the disposable income of consumers, coupled with the increasing working population in APAC countries, is expected to drive the growth of the ready-to-eat product segment and significantly the frozen food packaging market during the forecast period.
This report provides an accurate prediction of the contribution of all the segments to the growth of the frozen food packaging market size in APAC and actionable market insights on post COVID-19 impact on each segment.
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Frozen Food Packaging Market Scope in APAC |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2021 |
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Forecast period |
2022-2026 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 7.00% |
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Market growth 2022-2026 |
$ 3.13 billion |
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Market structure |
Fragmented |
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YoY growth (%) |
6.09 |
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Regional analysis |
APAC |
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Performing market contribution |
China at 42% |
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Key consumer countries |
China, Japan, India, and Rest of APAC |
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Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
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Key companies profiled |
Amcor Plc, Ball Corp., EasyPak LLC, Genpak LLC, Graham Packaging Co., Pactiv LLC, Placon Corp., Sonoco Products Co., Tetra Pak Group, and The West Rock group |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this report to meet your requirements. Get in touch
***1. Executive Summary
**1.1 Market Overview
*Exhibit 01: Key Finding 1
*Exhibit 02: Key Finding 2
*Exhibit 03: Key Finding 3
*Exhibit 04: Key Finding 5
*Exhibit 05: Key Finding 6
*Exhibit 06: Key Finding 7
***2. Market Landscape
**2.1 Market ecosystem
*Exhibit 07: Parent market
*Exhibit 08: Market Characteristics
**2.2 Value chain analysis
*Exhibit 09: Value chain analysis
*2.2.1 Inputs
*2.2.2 Inbound logistics
*2.2.3 Operations
*2.2.4 Outbound logistics
*2.2.5 Marketing and sales
*2.2.6 Service
*2.2.7 Support activities
*2.2.8 Industry innovation
***3. Market Sizing
**3.1 Market definition
*Exhibit 10: Offerings of vendors included in the market definition
**3.2 Market segment analysis
*Exhibit 11: Market segments
**3.3 Market size 2021
**3.4 Market outlook: Forecast for 2021 - 2026
*Exhibit 12: Global - Market size and forecast 2021 - 2026 ($ million)
*Exhibit 13: Global market: Year-over-year growth 2021 - 2026 (%)
***4. Five Forces Analysis
**4.1 Five Forces Summary
*Exhibit 14: Five forces analysis 2021 & 2026
**4.2 Bargaining power of buyers
*Exhibit 15: Bargaining power of buyers
**4.3 Bargaining power of suppliers
*Exhibit 16: Bargaining power of suppliers
**4.4 Threat of new entrants
*Exhibit 17: Threat of new entrants
**4.5 Threat of substitutes
*Exhibit 18: Threat of substitutes
**4.6 Threat of rivalry
*Exhibit 19: Threat of rivalry
**4.7 Market condition
*Exhibit 20: Market condition - Five forces 2021
***5. Market Segmentation by Product
**5.1 Market segments
*The segments covered in this chapter are:
*Exhibit 21: Product - Market share 2021-2026 (%)
**5.2 Comparison by Product
*Exhibit 22: Comparison by Product
**5.3 Ready to eat products - Market size and forecast 2021-2026
*Exhibit 23: Ready to eat products - Market size and forecast 2021-2026 ($ million)
*Exhibit 24: Ready to eat products - Year-over-year growth 2021-2026 (%)
**5.4 Meat, poultry and seafood - Market size and forecast 2021-2026
*Exhibit 25: Meat, poultry and seafood - Market size and forecast 2021-2026 ($ million)
*Exhibit 26: Meat, poultry and seafood - Year-over-year growth 2021-2026 (%)
**5.5 Fruits and vegetables - Market size and forecast 2021-2026
*Exhibit 27: Fruits and vegetables - Market size and forecast 2021-2026 ($ million)
*Exhibit 28: Fruits and vegetables - Year-over-year growth 2021-2026 (%)
**5.6 Frozen desserts - Market size and forecast 2021-2026
*Exhibit 29: Frozen desserts - Market size and forecast 2021-2026 ($ million)
*Exhibit 30: Frozen desserts - Year-over-year growth 2021-2026 (%)
**5.7 Others - Market size and forecast 2021-2026
*Exhibit 31: Others - Market size and forecast 2021-2026 ($ million)
*Exhibit 32: Others - Year-over-year growth 2021-2026 (%)
**5.8 Market opportunity by Product
*Exhibit 33: Market opportunity by Product
**5.9 Overview
*Exhibit 34: Customer landscape
***6. Geographic Landscape
**6.1 Geographic segmentation
*The regions covered in the report are:
*Exhibit 35: Market share by geography 2021-2026 (%)
**6.2 Geographic comparison
*Exhibit 36: Geographic comparison
**6.3 China - Market size and forecast 2021-2026
*Exhibit 37: China - Market size and forecast 2021-2026 ($ million)
*Exhibit 38: China - Year-over-year growth 2021-2026 (%)
**6.4 Japan - Market size and forecast 2021-2026
*Exhibit 39: Japan - Market size and forecast 2021-2026 ($ million)
*Exhibit 40: Japan - Year-over-year growth 2021-2026 (%)
**6.5 India - Market size and forecast 2021-2026
*Exhibit 41: India - Market size and forecast 2021-2026 ($ million)
*Exhibit 42: India - Year-over-year growth 2021-2026 (%)
**6.6 South Korea (Republic of Korea) - Market size and forecast 2021-2026
*Exhibit 43: South Korea (Republic of Korea) - Market size and forecast 2021-2026 ($ million)
*Exhibit 44: South Korea (Republic of Korea) - Year-over-year growth 2021-2026 (%)
**6.7 Rest of APAC - Market size and forecast 2021-2026
*Exhibit 45: Rest of APAC - Market size and forecast 2021-2026 ($ million)
*Exhibit 46: Rest of APAC - Year-over-year growth 2021-2026 (%)
**6.8 Market opportunity by geography
*Exhibit 47: Market opportunity by geography ($ million)
***7. Drivers, Challenges, and Trends
**7.1 Market drivers
*7.1.1 Rising global fresh meat consumption
*7.1.2 Rising adoption of ready to eat product packaging
*7.1.3 Rising demand for plastic films in frozen food packaging
**7.2 Market challenges
*7.2.1Stringent regulations for sustainable packaging
*7.2.2 Environmental effect of plastic packaging
*7.2.3 Fluctuating polymer prices
*Exhibit 48: Impact of drivers and challenges
**7.3 Market trends
*7.3.1 Growing use of biodegradable packaging techniques
*7.3.2 Recyclable packaging materials
*7.3.3 Growing market consolidation in the global packaging industry
***8. Vendor Landscape
**8.1 Competitive scenario
**8.2 Overview
*Exhibit 49: Vendor landscape
**8.3 Landscape disruption
*Exhibit 50: Landscape disruption
*Exhibit 51: Industry risks
***9. Vendor Analysis
**9.1 Vendors covered
*Exhibit 52: Vendors covered
**9.2 Market positioning of vendors
*Exhibit 53: Market positioning of vendors
**9.3 Amcor Plc
*Exhibit 54: Amcor Plc - Overview
*Exhibit 55: Amcor Plc - Business segments
*Exhibit 56: Amcor Plc. - Key news
*Exhibit 57: Amcor Plc - Key offerings
*Exhibit 58: Amcor Plc - Segment focus
*9.4 Ball Corp.
*Exhibit 59: Ball Corp. - Overview
*Exhibit 60: Ball Corp. - Business segments
*Exhibit 61: Ball Corp. - Key news
*Exhibit 62: Ball Corp. - Key offerings
*Exhibit 63: Ball Corp. - Segment focus
**9.5 EasyPak LLC
*Exhibit 64: EasyPak LLC - Overview
*Exhibit 65: EasyPak LLC - Product and service
*Exhibit 65: EasyPak LLC - Key news
*Exhibit 66: EasyPak LLC - Key offerings
**9.6 Genpak LLC
*Exhibit 67: Genpak LLC - Overview
*Exhibit 68: Genpak LLC - Product and service
*Exhibit 69: Genpak LLC - Key offerings
**9.7 Graham Packaging Co.
*Exhibit 70: Graham Packaging Co. - Overview
*Exhibit 71: Graham Packaging Co. - Product and service
*Exhibit 72: Graham Packaging Co. - Key offerings
**9.8 Pactiv LLC
*Exhibit 73: Pactiv LLC - Overview
*Exhibit 74: Pactiv LLC - Product and service
*Exhibit 75: Pactiv LLC - Key offerings
**9.9 Placon Corp.
*Exhibit 76: Placon Corp. - Overview
*Exhibit 77: Placon Corp. - Product and service
*Exhibit 78: Placon Corp. - Key news
*Exhibit 79: Placon Corp. - Key offerings
**9.10 Sonoco Products Co.
*Exhibit 80: Sonoco Products Co. - Overview
*Exhibit 81: Sonoco Products Co. - Business segments
*Exhibit 82: Sonoco Products Co.- Key news
*Exhibit 83: Sonoco Products Co. - Key offerings
*Exhibit 84: Sonoco Products Co. - Segment focus
**9.11 Tetra Pak Group
*Exhibit 85: Tetra Pak Group - Overview
*Exhibit 86: Tetra Pak Group - Business segments
*Exhibit 87: Tetra Pak Group- Key news
*Exhibit 88: Tetra Pak Group - Key offerings
*Exhibit 89: Tetra Pak Group - Segment focus
**9.12 The West Rock group
*Exhibit 90: The West Rock group - Overview
*Exhibit 91: The West Rock group - Business segments
*Exhibit 92: The West Rock group - Key news
*Exhibit 93: The West Rock group - Key offerings
*Exhibit 94: The West Rock group - Segment focus
***10. Appendix
**10.1 Scope of the report
*10.1.1 ????Market definition
*10.1.2 Objective
*10.1.3 Notes and caveats
**10.2 Currency conversion rates for US$
*Exhibit 95: Currency conversion rates for US$
**10.3 Research Methodology
*Exhibit 96: Research Methodology
*Exhibit 97: Validation techniques employed for market sizing
*Exhibit 98: Information sources
**10.4 List of abbreviations
*Exhibit 99: List of abbreviations
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