PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1617112
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1617112
Refrigeration Packaging Market Forecasts to 2030 - Global Analysis By Material, Packaging Type, 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
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- 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
- Comprehensive profiling of additional market players (up to 3)
- SWOT Analysis of key players (up to 3)
- Regional Segmentation
- 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
- Table 1 Global Refrigeration Packaging Market Outlook, By Region (2022-2030) ($MN)
- Table 2 Global Refrigeration Packaging Market Outlook, By Material (2022-2030) ($MN)
- Table 3 Global Refrigeration Packaging Market Outlook, By Paper & Paperboard (2022-2030) ($MN)
- Table 4 Global Refrigeration Packaging Market Outlook, By Metal (2022-2030) ($MN)
- Table 5 Global Refrigeration Packaging Market Outlook, By Plastic (2022-2030) ($MN)
- Table 6 Global Refrigeration Packaging Market Outlook, By Other Materials (2022-2030) ($MN)
- Table 7 Global Refrigeration Packaging Market Outlook, By Packaging Type (2022-2030) ($MN)
- Table 8 Global Refrigeration Packaging Market Outlook, By Bags & Pouches (2022-2030) ($MN)
- Table 9 Global Refrigeration Packaging Market Outlook, By Bottle & Jars (2022-2030) ($MN)
- Table 10 Global Refrigeration Packaging Market Outlook, By Containers (2022-2030) ($MN)
- Table 11 Global Refrigeration Packaging Market Outlook, By Other Packaging Types (2022-2030) ($MN)
- Table 12 Global Refrigeration Packaging Market Outlook, By End User (2022-2030) ($MN)
- Table 13 Global Refrigeration Packaging Market Outlook, By Food & Beverages (2022-2030) ($MN)
- Table 14 Global Refrigeration Packaging Market Outlook, By Pharmaceuticals (2022-2030) ($MN)
- Table 15 Global Refrigeration Packaging Market Outlook, By Agriculture (2022-2030) ($MN)
- Table 16 Global Refrigeration Packaging Market Outlook, By Other End Users (2022-2030) ($MN)
- Table 17 North America Refrigeration Packaging Market Outlook, By Country (2022-2030) ($MN)
- Table 18 North America Refrigeration Packaging Market Outlook, By Material (2022-2030) ($MN)
- Table 19 North America Refrigeration Packaging Market Outlook, By Paper & Paperboard (2022-2030) ($MN)
- Table 20 North America Refrigeration Packaging Market Outlook, By Metal (2022-2030) ($MN)
- Table 21 North America Refrigeration Packaging Market Outlook, By Plastic (2022-2030) ($MN)
- Table 22 North America Refrigeration Packaging Market Outlook, By Other Materials (2022-2030) ($MN)
- Table 23 North America Refrigeration Packaging Market Outlook, By Packaging Type (2022-2030) ($MN)
- Table 24 North America Refrigeration Packaging Market Outlook, By Bags & Pouches (2022-2030) ($MN)
- Table 25 North America Refrigeration Packaging Market Outlook, By Bottle & Jars (2022-2030) ($MN)
- Table 26 North America Refrigeration Packaging Market Outlook, By Containers (2022-2030) ($MN)
- Table 27 North America Refrigeration Packaging Market Outlook, By Other Packaging Types (2022-2030) ($MN)
- Table 28 North America Refrigeration Packaging Market Outlook, By End User (2022-2030) ($MN)
- Table 29 North America Refrigeration Packaging Market Outlook, By Food & Beverages (2022-2030) ($MN)
- Table 30 North America Refrigeration Packaging Market Outlook, By Pharmaceuticals (2022-2030) ($MN)
- Table 31 North America Refrigeration Packaging Market Outlook, By Agriculture (2022-2030) ($MN)
- Table 32 North America Refrigeration Packaging Market Outlook, By Other End Users (2022-2030) ($MN)
- Table 33 Europe Refrigeration Packaging Market Outlook, By Country (2022-2030) ($MN)
- Table 34 Europe Refrigeration Packaging Market Outlook, By Material (2022-2030) ($MN)
- Table 35 Europe Refrigeration Packaging Market Outlook, By Paper & Paperboard (2022-2030) ($MN)
- Table 36 Europe Refrigeration Packaging Market Outlook, By Metal (2022-2030) ($MN)
- Table 37 Europe Refrigeration Packaging Market Outlook, By Plastic (2022-2030) ($MN)
- Table 38 Europe Refrigeration Packaging Market Outlook, By Other Materials (2022-2030) ($MN)
- Table 39 Europe Refrigeration Packaging Market Outlook, By Packaging Type (2022-2030) ($MN)
- Table 40 Europe Refrigeration Packaging Market Outlook, By Bags & Pouches (2022-2030) ($MN)
- Table 41 Europe Refrigeration Packaging Market Outlook, By Bottle & Jars (2022-2030) ($MN)
- Table 42 Europe Refrigeration Packaging Market Outlook, By Containers (2022-2030) ($MN)
- Table 43 Europe Refrigeration Packaging Market Outlook, By Other Packaging Types (2022-2030) ($MN)
- Table 44 Europe Refrigeration Packaging Market Outlook, By End User (2022-2030) ($MN)
- Table 45 Europe Refrigeration Packaging Market Outlook, By Food & Beverages (2022-2030) ($MN)
- Table 46 Europe Refrigeration Packaging Market Outlook, By Pharmaceuticals (2022-2030) ($MN)
- Table 47 Europe Refrigeration Packaging Market Outlook, By Agriculture (2022-2030) ($MN)
- Table 48 Europe Refrigeration Packaging Market Outlook, By Other End Users (2022-2030) ($MN)
- Table 49 Asia Pacific Refrigeration Packaging Market Outlook, By Country (2022-2030) ($MN)
- Table 50 Asia Pacific Refrigeration Packaging Market Outlook, By Material (2022-2030) ($MN)
- Table 51 Asia Pacific Refrigeration Packaging Market Outlook, By Paper & Paperboard (2022-2030) ($MN)
- Table 52 Asia Pacific Refrigeration Packaging Market Outlook, By Metal (2022-2030) ($MN)
- Table 53 Asia Pacific Refrigeration Packaging Market Outlook, By Plastic (2022-2030) ($MN)
- Table 54 Asia Pacific Refrigeration Packaging Market Outlook, By Other Materials (2022-2030) ($MN)
- Table 55 Asia Pacific Refrigeration Packaging Market Outlook, By Packaging Type (2022-2030) ($MN)
- Table 56 Asia Pacific Refrigeration Packaging Market Outlook, By Bags & Pouches (2022-2030) ($MN)
- Table 57 Asia Pacific Refrigeration Packaging Market Outlook, By Bottle & Jars (2022-2030) ($MN)
- Table 58 Asia Pacific Refrigeration Packaging Market Outlook, By Containers (2022-2030) ($MN)
- Table 59 Asia Pacific Refrigeration Packaging Market Outlook, By Other Packaging Types (2022-2030) ($MN)
- Table 60 Asia Pacific Refrigeration Packaging Market Outlook, By End User (2022-2030) ($MN)
- Table 61 Asia Pacific Refrigeration Packaging Market Outlook, By Food & Beverages (2022-2030) ($MN)
- Table 62 Asia Pacific Refrigeration Packaging Market Outlook, By Pharmaceuticals (2022-2030) ($MN)
- Table 63 Asia Pacific Refrigeration Packaging Market Outlook, By Agriculture (2022-2030) ($MN)
- Table 64 Asia Pacific Refrigeration Packaging Market Outlook, By Other End Users (2022-2030) ($MN)
- Table 65 South America Refrigeration Packaging Market Outlook, By Country (2022-2030) ($MN)
- Table 66 South America Refrigeration Packaging Market Outlook, By Material (2022-2030) ($MN)
- Table 67 South America Refrigeration Packaging Market Outlook, By Paper & Paperboard (2022-2030) ($MN)
- Table 68 South America Refrigeration Packaging Market Outlook, By Metal (2022-2030) ($MN)
- Table 69 South America Refrigeration Packaging Market Outlook, By Plastic (2022-2030) ($MN)
- Table 70 South America Refrigeration Packaging Market Outlook, By Other Materials (2022-2030) ($MN)
- Table 71 South America Refrigeration Packaging Market Outlook, By Packaging Type (2022-2030) ($MN)
- Table 72 South America Refrigeration Packaging Market Outlook, By Bags & Pouches (2022-2030) ($MN)
- Table 73 South America Refrigeration Packaging Market Outlook, By Bottle & Jars (2022-2030) ($MN)
- Table 74 South America Refrigeration Packaging Market Outlook, By Containers (2022-2030) ($MN)
- Table 75 South America Refrigeration Packaging Market Outlook, By Other Packaging Types (2022-2030) ($MN)
- Table 76 South America Refrigeration Packaging Market Outlook, By End User (2022-2030) ($MN)
- Table 77 South America Refrigeration Packaging Market Outlook, By Food & Beverages (2022-2030) ($MN)
- Table 78 South America Refrigeration Packaging Market Outlook, By Pharmaceuticals (2022-2030) ($MN)
- Table 79 South America Refrigeration Packaging Market Outlook, By Agriculture (2022-2030) ($MN)
- Table 80 South America Refrigeration Packaging Market Outlook, By Other End Users (2022-2030) ($MN)
- Table 81 Middle East & Africa Refrigeration Packaging Market Outlook, By Country (2022-2030) ($MN)
- Table 82 Middle East & Africa Refrigeration Packaging Market Outlook, By Material (2022-2030) ($MN)
- Table 83 Middle East & Africa Refrigeration Packaging Market Outlook, By Paper & Paperboard (2022-2030) ($MN)
- Table 84 Middle East & Africa Refrigeration Packaging Market Outlook, By Metal (2022-2030) ($MN)
- Table 85 Middle East & Africa Refrigeration Packaging Market Outlook, By Plastic (2022-2030) ($MN)
- Table 86 Middle East & Africa Refrigeration Packaging Market Outlook, By Other Materials (2022-2030) ($MN)
- Table 87 Middle East & Africa Refrigeration Packaging Market Outlook, By Packaging Type (2022-2030) ($MN)
- Table 88 Middle East & Africa Refrigeration Packaging Market Outlook, By Bags & Pouches (2022-2030) ($MN)
- Table 89 Middle East & Africa Refrigeration Packaging Market Outlook, By Bottle & Jars (2022-2030) ($MN)
- Table 90 Middle East & Africa Refrigeration Packaging Market Outlook, By Containers (2022-2030) ($MN)
- Table 91 Middle East & Africa Refrigeration Packaging Market Outlook, By Other Packaging Types (2022-2030) ($MN)
- Table 92 Middle East & Africa Refrigeration Packaging Market Outlook, By End User (2022-2030) ($MN)
- Table 93 Middle East & Africa Refrigeration Packaging Market Outlook, By Food & Beverages (2022-2030) ($MN)
- Table 94 Middle East & Africa Refrigeration Packaging Market Outlook, By Pharmaceuticals (2022-2030) ($MN)
- Table 95 Middle East & Africa Refrigeration Packaging Market Outlook, By Agriculture (2022-2030) ($MN)
- Table 96 Middle East & Africa Refrigeration Packaging Market Outlook, By Other End Users (2022-2030) ($MN)
