Refrigeration Packaging Market
Refrigeration Packaging Market Forecasts to 2030 - Global Analysis By Material (Paper & Paperboard, Metal, Plastic and Other Materials), Packaging Type (Bags & Pouches, Bottle & Jars, Containers and Other Packaging Types), End User and By Geography
According to Stratistics MRC, the Global Refrigeration Packaging Market is accounted for $8.95 billion in 2024 and is expected to reach $15.18 billion by 2030 growing at a CAGR of 9.2% during the forecast period. Refrigeration packaging refers to the specialized packaging used to preserve perishable goods, particularly food and pharmaceuticals, during storage, transportation, and distribution. It involves using materials and techniques that maintain a consistent temperature, ensuring the integrity and safety of temperature-sensitive products. Refrigeration packaging is essential for extending the shelf life of items like fresh produce, meats, dairy, and vaccines, which require specific temperature ranges to remain effective and safe.
Market Dynamics:
Driver:
Innovative and flexible packaging solutions
Innovative and flexible packaging solutions are revolutionizing refrigeration packaging by enhancing product preservation, efficiency, and sustainability. These advancements focus on creating packaging that adapts to the specific needs of perishable goods, ensuring they remain fresh for longer. Flexible materials, such as vacuum-sealed pouches and breathable films, allow for improved air circulation and moisture control, reducing spoilage. Additionally, these solutions often feature lightweight designs that reduce storage and transportation costs while maintaining structural integrity.
Restraint:
High cost of packaging materials
The high cost of packaging materials is a significant challenge in the refrigeration packaging industry, affecting both manufacturers and consumers. Packaging for refrigerated goods needs to be durable, insulated, and moisture-resistant to maintain product integrity during transport and storage. Materials like specialized foams, plastic wraps, and temperature-controlling films are essential for ensuring that perishable goods stay at the proper temperature. However, these materials often come at a premium price due to their complexity and limited supply, especially when they require advanced insulation or eco-friendly components.
Opportunity:
Increased focus on food safety
As consumer awareness about the importance of food safety rises, packaging solutions are evolving to ensure better preservation, extend shelf life, and maintain the quality of perishable items. Advanced refrigeration packaging materials, such as vacuum-sealed bags, modified atmosphere packaging (MAP), and active packaging, are being developed to prevent contamination, reduce spoilage, and maintain optimal temperature control. Moreover, smart packaging technologies, including temperature indicators and RFID tracking, are allowing better monitoring of food conditions throughout the supply chain.
Threat:
Logistical challenges in temperature control
Logistical challenges in temperature control are significantly hindering the effectiveness of refrigeration packaging, which is crucial for the safe transport of temperature-sensitive goods, such as perishable food and pharmaceuticals. Maintaining the desired temperature throughout the entire supply chain, from production to end delivery, requires precise coordination of storage facilities, transportation modes, and packaging materials. Variations in ambient temperatures, delays in transit, and inefficient packaging can lead to temperature fluctuations, compromising product quality and safety. The complexity of managing temperature-controlled environments across multiple distribution points increases the risk of human error, equipment malfunctions, or insufficient insulation.
Covid-19 Impact:
The COVID-19 pandemic significantly impacted the refrigeration and packaging industry, leading to disruptions in supply chains, labor shortages, and changes in consumer behavior. With global lockdowns and factory closures, the production of refrigeration units, packaging materials, and related components slowed down, causing delays in manufacturing and delivery. The surge in demand for food delivery services and home consumption of perishable goods increased reliance on efficient refrigeration and packaging solutions. This shift also highlighted the importance of hygiene and food safety, driving innovations in packaging materials that offer better protection and extend shelf life.
The Paper & Paperboard segment is expected to be the largest during the forecast period
Paper & Paperboard segment is expected to dominate the largest share over the estimated period, by focusing on eco-friendly and sustainable materials. As demand for environmentally responsible solutions increases, the paperboard industry has innovated to create packaging that is not only effective in protecting perishable goods during refrigeration but also reduces environmental impact. Advanced paperboard designs are being developed with improved insulation properties, offering better temperature control for chilled or frozen products. These innovations help maintain freshness, reduce spoilage, and improve the overall efficiency of refrigerated transportation and storage.
The Bags & Pouches segment is expected to have the highest CAGR during the forecast period
Bags & Pouches segment is estimated to grow at a rapid pace during the forecast period, by offering innovative and efficient solutions for preserving perishable goods. These packaging options are designed to maintain the freshness, quality, and safety of food and pharmaceuticals that require low temperatures. Unlike traditional rigid containers, bags and pouches provide flexibility, allowing for easier storage and transport while minimizing the use of materials. Advances in materials, such as multi-layered films with barrier properties, help prevent moisture, oxygen, and light from compromising the integrity of the products inside.
Region with largest share:
North America region is poised to hold the largest share of the market throughout the extrapolated period. As consumers increasingly opt for the convenience of purchasing groceries online, there is a growing demand for packaging solutions that can maintain the freshness and safety of perishable items during transit. Refrigeration packaging, which includes insulated boxes, gel packs, and temperature-controlled solutions, has become essential to ensure the quality of items like fresh produce, dairy and frozen foods. This regional trend is driven by the increasing popularity of e-commerce platforms and subscription-based services offering grocery delivery.
Region with highest CAGR:
Europe region is estimated to witness the highest CAGR during the projected time frame. As cities expand and populations become more concentrated in urban areas, there is a greater demand for convenience, efficiency, and accessibility in food storage and transportation. With an increasing preference for ready-to-eat meals, fresh produce, and frozen foods, refrigeration packaging plays a crucial role in preserving food quality and extending shelf life. Additionally, busy modern lifestyles have led consumers to seek products that are easy to store, transport, and consume, boosting demand for advanced packaging solutions.
Key players in the market
Some of the key players in Refrigeration Packaging market include Amcor Limited, Avery Dennison Corporation, Berry Global Inc, DS Smith Plc, DuPont de Nemours, Inc, Graphic Packaging International, Inc, Krones AG, Mondi Group, Sealed Air Corporation, Smurfit Kappa Group, WestRock Company, Insulated Products Corporation, Tempack Packaging Solutions S.L, Nordic Cold Chain Solutions and AptarGroup, Inc.
Key Developments:
In August 2023, Ranpak introduced an innovative and sustainable thermal protection liner. The RecyCold climaliner keeps food products cold for up to 48 hours and reduces food waste and other associated costs.
In February 2023, C-P Flexible Packaging announced the collaboration with Northwest Frozen, LLC, which launched high-performance packaging for extended shelf-life refrigerated meals.
In August 2022, Parkside announced the collaboration with Iceland and launched paper recyclable packaging specifically for the supermarket’s Northcoast range of frozen seafood.
Materials Covered:
• Paper & Paperboard
• Metal
• Plastic
• Other Materials
Packaging Types Covered:
• Bags & Pouches
• Bottle & Jars
• Containers
• Other Packaging Types
End Users Covered:
• Food & Beverages
• Pharmaceuticals
• Agriculture
• Other End Users
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 End User Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Refrigeration Packaging Market, By Material
5.1 Introduction
5.2 Paper & Paperboard
5.3 Metal
5.4 Plastic
5.5 Other Materials
6 Global Refrigeration Packaging Market, By Packaging Type
6.1 Introduction
6.2 Bags & Pouches
6.3 Bottle & Jars
6.4 Containers
6.5 Other Packaging Types
7 Global Refrigeration Packaging Market, By End User
7.1 Introduction
7.2 Food & Beverages
7.3 Pharmaceuticals
7.4 Agriculture
7.5 Other End Users
8 Global Refrigeration Packaging Market, By Geography
8.1 Introduction
8.2 North America
8.2.1 US
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 UK
8.3.3 Italy
8.3.4 France
8.3.5 Spain
8.3.6 Rest of Europe
8.4 Asia Pacific
8.4.1 Japan
8.4.2 China
8.4.3 India
8.4.4 Australia
8.4.5 New Zealand
8.4.6 South Korea
8.4.7 Rest of Asia Pacific
8.5 South America
8.5.1 Argentina
8.5.2 Brazil
8.5.3 Chile
8.5.4 Rest of South America
8.6 Middle East & Africa
8.6.1 Saudi Arabia
8.6.2 UAE
8.6.3 Qatar
8.6.4 South Africa
8.6.5 Rest of Middle East & Africa
9 Key Developments
9.1 Agreements, Partnerships, Collaborations and Joint Ventures
9.2 Acquisitions & Mergers
9.3 New Product Launch
9.4 Expansions
9.5 Other Key Strategies
10 Company Profiling
10.1 Amcor Limited
10.2 Avery Dennison Corporation
10.3 Berry Global Inc
10.4 DS Smith Plc
10.5 DuPont de Nemours, Inc
10.6 Graphic Packaging International, Inc
10.7 Krones AG
10.8 Mondi Group
10.9 Sealed Air Corporation
10.10 Smurfit Kappa Group
10.11 WestRock Company
10.12 Insulated Products Corporation
10.13 Tempack Packaging Solutions S.L
10.14 Nordic Cold Chain Solutions
10.15 AptarGroup, Inc
List of Tables
1 Global Refrigeration Packaging Market Outlook, By Region (2022-2030) ($MN)
2 Global Refrigeration Packaging Market Outlook, By Material (2022-2030) ($MN)
3 Global Refrigeration Packaging Market Outlook, By Paper & Paperboard (2022-2030) ($MN)
4 Global Refrigeration Packaging Market Outlook, By Metal (2022-2030) ($MN)
5 Global Refrigeration Packaging Market Outlook, By Plastic (2022-2030) ($MN)
6 Global Refrigeration Packaging Market Outlook, By Other Materials (2022-2030) ($MN)
7 Global Refrigeration Packaging Market Outlook, By Packaging Type (2022-2030) ($MN)
8 Global Refrigeration Packaging Market Outlook, By Bags & Pouches (2022-2030) ($MN)
9 Global Refrigeration Packaging Market Outlook, By Bottle & Jars (2022-2030) ($MN)
10 Global Refrigeration Packaging Market Outlook, By Containers (2022-2030) ($MN)
11 Global Refrigeration Packaging Market Outlook, By Other Packaging Types (2022-2030) ($MN)
12 Global Refrigeration Packaging Market Outlook, By End User (2022-2030) ($MN)
13 Global Refrigeration Packaging Market Outlook, By Food & Beverages (2022-2030) ($MN)
14 Global Refrigeration Packaging Market Outlook, By Pharmaceuticals (2022-2030) ($MN)
15 Global Refrigeration Packaging Market Outlook, By Agriculture (2022-2030) ($MN)
16 Global Refrigeration Packaging Market Outlook, By Other End Users (2022-2030) ($MN)
17 North America Refrigeration Packaging Market Outlook, By Country (2022-2030) ($MN)
18 North America Refrigeration Packaging Market Outlook, By Material (2022-2030) ($MN)
19 North America Refrigeration Packaging Market Outlook, By Paper & Paperboard (2022-2030) ($MN)
20 North America Refrigeration Packaging Market Outlook, By Metal (2022-2030) ($MN)
21 North America Refrigeration Packaging Market Outlook, By Plastic (2022-2030) ($MN)
22 North America Refrigeration Packaging Market Outlook, By Other Materials (2022-2030) ($MN)
23 North America Refrigeration Packaging Market Outlook, By Packaging Type (2022-2030) ($MN)
24 North America Refrigeration Packaging Market Outlook, By Bags & Pouches (2022-2030) ($MN)
25 North America Refrigeration Packaging Market Outlook, By Bottle & Jars (2022-2030) ($MN)
26 North America Refrigeration Packaging Market Outlook, By Containers (2022-2030) ($MN)
27 North America Refrigeration Packaging Market Outlook, By Other Packaging Types (2022-2030) ($MN)
28 North America Refrigeration Packaging Market Outlook, By End User (2022-2030) ($MN)
29 North America Refrigeration Packaging Market Outlook, By Food & Beverages (2022-2030) ($MN)
30 North America Refrigeration Packaging Market Outlook, By Pharmaceuticals (2022-2030) ($MN)
31 North America Refrigeration Packaging Market Outlook, By Agriculture (2022-2030) ($MN)
32 North America Refrigeration Packaging Market Outlook, By Other End Users (2022-2030) ($MN)
33 Europe Refrigeration Packaging Market Outlook, By Country (2022-2030) ($MN)
34 Europe Refrigeration Packaging Market Outlook, By Material (2022-2030) ($MN)
35 Europe Refrigeration Packaging Market Outlook, By Paper & Paperboard (2022-2030) ($MN)
36 Europe Refrigeration Packaging Market Outlook, By Metal (2022-2030) ($MN)
37 Europe Refrigeration Packaging Market Outlook, By Plastic (2022-2030) ($MN)
38 Europe Refrigeration Packaging Market Outlook, By Other Materials (2022-2030) ($MN)
39 Europe Refrigeration Packaging Market Outlook, By Packaging Type (2022-2030) ($MN)
40 Europe Refrigeration Packaging Market Outlook, By Bags & Pouches (2022-2030) ($MN)
41 Europe Refrigeration Packaging Market Outlook, By Bottle & Jars (2022-2030) ($MN)
42 Europe Refrigeration Packaging Market Outlook, By Containers (2022-2030) ($MN)
43 Europe Refrigeration Packaging Market Outlook, By Other Packaging Types (2022-2030) ($MN)
44 Europe Refrigeration Packaging Market Outlook, By End User (2022-2030) ($MN)
45 Europe Refrigeration Packaging Market Outlook, By Food & Beverages (2022-2030) ($MN)
46 Europe Refrigeration Packaging Market Outlook, By Pharmaceuticals (2022-2030) ($MN)
47 Europe Refrigeration Packaging Market Outlook, By Agriculture (2022-2030) ($MN)
48 Europe Refrigeration Packaging Market Outlook, By Other End Users (2022-2030) ($MN)
49 Asia Pacific Refrigeration Packaging Market Outlook, By Country (2022-2030) ($MN)
50 Asia Pacific Refrigeration Packaging Market Outlook, By Material (2022-2030) ($MN)
51 Asia Pacific Refrigeration Packaging Market Outlook, By Paper & Paperboard (2022-2030) ($MN)
52 Asia Pacific Refrigeration Packaging Market Outlook, By Metal (2022-2030) ($MN)
53 Asia Pacific Refrigeration Packaging Market Outlook, By Plastic (2022-2030) ($MN)
54 Asia Pacific Refrigeration Packaging Market Outlook, By Other Materials (2022-2030) ($MN)
55 Asia Pacific Refrigeration Packaging Market Outlook, By Packaging Type (2022-2030) ($MN)
56 Asia Pacific Refrigeration Packaging Market Outlook, By Bags & Pouches (2022-2030) ($MN)
57 Asia Pacific Refrigeration Packaging Market Outlook, By Bottle & Jars (2022-2030) ($MN)
58 Asia Pacific Refrigeration Packaging Market Outlook, By Containers (2022-2030) ($MN)
59 Asia Pacific Refrigeration Packaging Market Outlook, By Other Packaging Types (2022-2030) ($MN)
60 Asia Pacific Refrigeration Packaging Market Outlook, By End User (2022-2030) ($MN)
61 Asia Pacific Refrigeration Packaging Market Outlook, By Food & Beverages (2022-2030) ($MN)
62 Asia Pacific Refrigeration Packaging Market Outlook, By Pharmaceuticals (2022-2030) ($MN)
63 Asia Pacific Refrigeration Packaging Market Outlook, By Agriculture (2022-2030) ($MN)
64 Asia Pacific Refrigeration Packaging Market Outlook, By Other End Users (2022-2030) ($MN)
65 South America Refrigeration Packaging Market Outlook, By Country (2022-2030) ($MN)
66 South America Refrigeration Packaging Market Outlook, By Material (2022-2030) ($MN)
67 South America Refrigeration Packaging Market Outlook, By Paper & Paperboard (2022-2030) ($MN)
68 South America Refrigeration Packaging Market Outlook, By Metal (2022-2030) ($MN)
69 South America Refrigeration Packaging Market Outlook, By Plastic (2022-2030) ($MN)
70 South America Refrigeration Packaging Market Outlook, By Other Materials (2022-2030) ($MN)
71 South America Refrigeration Packaging Market Outlook, By Packaging Type (2022-2030) ($MN)
72 South America Refrigeration Packaging Market Outlook, By Bags & Pouches (2022-2030) ($MN)
73 South America Refrigeration Packaging Market Outlook, By Bottle & Jars (2022-2030) ($MN)
74 South America Refrigeration Packaging Market Outlook, By Containers (2022-2030) ($MN)
75 South America Refrigeration Packaging Market Outlook, By Other Packaging Types (2022-2030) ($MN)
76 South America Refrigeration Packaging Market Outlook, By End User (2022-2030) ($MN)
77 South America Refrigeration Packaging Market Outlook, By Food & Beverages (2022-2030) ($MN)
78 South America Refrigeration Packaging Market Outlook, By Pharmaceuticals (2022-2030) ($MN)
79 South America Refrigeration Packaging Market Outlook, By Agriculture (2022-2030) ($MN)
80 South America Refrigeration Packaging Market Outlook, By Other End Users (2022-2030) ($MN)
81 Middle East & Africa Refrigeration Packaging Market Outlook, By Country (2022-2030) ($MN)
82 Middle East & Africa Refrigeration Packaging Market Outlook, By Material (2022-2030) ($MN)
83 Middle East & Africa Refrigeration Packaging Market Outlook, By Paper & Paperboard (2022-2030) ($MN)
84 Middle East & Africa Refrigeration Packaging Market Outlook, By Metal (2022-2030) ($MN)
85 Middle East & Africa Refrigeration Packaging Market Outlook, By Plastic (2022-2030) ($MN)
86 Middle East & Africa Refrigeration Packaging Market Outlook, By Other Materials (2022-2030) ($MN)
87 Middle East & Africa Refrigeration Packaging Market Outlook, By Packaging Type (2022-2030) ($MN)
88 Middle East & Africa Refrigeration Packaging Market Outlook, By Bags & Pouches (2022-2030) ($MN)
89 Middle East & Africa Refrigeration Packaging Market Outlook, By Bottle & Jars (2022-2030) ($MN)
90 Middle East & Africa Refrigeration Packaging Market Outlook, By Containers (2022-2030) ($MN)
91 Middle East & Africa Refrigeration Packaging Market Outlook, By Other Packaging Types (2022-2030) ($MN)
92 Middle East & Africa Refrigeration Packaging Market Outlook, By End User (2022-2030) ($MN)
93 Middle East & Africa Refrigeration Packaging Market Outlook, By Food & Beverages (2022-2030) ($MN)
94 Middle East & Africa Refrigeration Packaging Market Outlook, By Pharmaceuticals (2022-2030) ($MN)
95 Middle East & Africa Refrigeration Packaging Market Outlook, By Agriculture (2022-2030) ($MN)
96 Middle East & Africa Refrigeration Packaging Market Outlook, By Other End Users (2022-2030) ($MN)
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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