Microwave Packaging Market
Microwave Packaging Market Size, Share, Forecast, Growth Analysis, By Material (Plastic, Paper), By Product (Trays, Folding Cartons, Cups & Bowls, Bags & Pouches), By Application (Frozen Food, Fresh Food, Shelf-stable Meals) & Region - Global Market Insights 2022 to 2032
Analysis of Microwave Packaging Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Microwave Packaging Market Outlook (2022 to 2032)
Worldwide demand for microwave packaging is projected to increase at a robust CAGR of 7.8% from 2022 to 2032. In 2022, the global microwave packaging market is valued at US$ 17 billion and is estimated to reach a market size of US$ 36 billion by 2032.
The use of frozen food packaging is expected to increase at a CAGR of 8% through 2032 due to its many benefits, including longer shelf life and ease of availability.
The primary function of microwave packaging, which is a standardized packaging solution, is to cook or preheat convection oven items. By removing or forcing the water vapor inside the box, this packaging alters the product's heating pattern. The electrical conductivity and service quality at high pressures and temperatures have a significant impact on the application's ability to be approved. Strong sensors, digital control, touch displays, and other automatic technologies will be used in microwave packaging materials in the future to improve microwave cooking.
The market for microwave packaging is expanding as a result of people's growing awareness of health issues and ready-to-eat foods packaged sustainably. The market is driven by the food industry's rising desire for convenient and time-saving packaging.
Consumers are more inclined to use various microwave packaging alternatives, such as pouch packaging. The affordability, portability, and durability of these solutions are major factors in their popularity. Aside from this, microwave packing options can be tailored to meet specific customer needs. The global market for microwave packaging is witnessing significant growth prospects as a result of all these benefits.
The development of microwaveable containers, which allow food to be heated up or cooked in a microwave without causing damage to the container, has revolutionized both the food and packaging industries, leading to higher sales of on-the-go food packaging solutions. After the introduction of ready-to-eat food that could be quickly heated in a microwave and consumed, the market for microwaveable containers has grown.
Microwaveable containers are lightweight, leak-proof, sealed, high temperature-bearing, transportable, and reusable containers. This prolongs the food's shelf life and makes it easy to buy and eat while also extending its shelf life. The ability to heat food within the box itself saves time and labor, which is a major selling point for microwaveable containers in the industry.
Due to the high demand for portable and practical packaging options, the demand for compact packaging solutions has significantly increased in recent years. As a result of the increased need, microwave packaging will be necessary to add steaming technologies and self-vending that can heat frozen food and remove steam.
The cooking time is shortened by the smaller size and pouch-like shape of these containers. This flexible packaging has a robust outer layer that can withstand extreme heat and cold. While customizing them, the needs of the customer may also be taken into consideration. These advantages are anticipated to increase customer demand for simple packaging.
While being stored, transported, and used more extensively, the product is protected by the microwaveable liquid food container. The packaging for liquid foods that can be heated in a microwave increases heating efficiency while preserving shelf life. Dairy products and beverages are widely packaged in microwave-safe liquid food containers.
Microwaveable liquid food packaging stands apart from other liquid food packaging, in that, it must be a part of the microwave heating cycle just like a wok in traditional cooking. Additionally, packaging for liquid food that can be heated in the microwave aids in restoring the liquid food's nutritional value.
Report Attributes | Details |
---|---|
Microwave Packaging Market Size (2022) | US$ 17 Billion |
Projected Market Value (2032) | US$ 36 Billion |
Global Market Growth Rate (2022 to 2032) | 7.8% CAGR |
Market Share of Frozen Food Packaging | 50% |
Key Companies Profiled | Sonoco; Sealed Air; Amcor; Berry Global Group; Coveris Flexibles; Bemis Company; Graphic Packaging International; Ampac Holdings |
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Why are Sales of Microwave Packaging Products Rising Rapidly?
“Advancements in Susceptor Technology for Microwave Packaging”
Food technology has played a significant role in the industry. The development of susceptor technology for microwave packaging has made it possible to heat food effectively and get around some of the drawbacks of microwave ovens, such as browning and overheating. The widespread adoption of this technology has aided in the growth of the global microwave food packaging market. Rapid urbanization and the acceptance of contemporary technology could be viewed positively as market influencers.
When food is packaged with patterned susceptors for microwaving, the food cooks at a higher temperature, increasing crunchiness and browning. In addition, this technology makes it possible to provide surface heat where it is needed, focus microwave energy where it is most needed, and provide more uniform heating throughout the entire food package. Using safety susceptors with a fuse-like pattern that shut off susceptor areas if the current in the area is too high is one of its many benefits. This prevents the package from becoming too hot.
Increasing urbanization, a sharp rise in disposable income, and emerging economies are factors that are predicted to support the microwave meal packaging market expansion throughout the forecast period. Significant potential for the market will also arise from the food and beverage sector's rapid expansion due to the increased demand for items that are ready to eat.
The need for packaging for liquid foods that can be heated in a microwave is also fueled by technological advancements in the packaging sector. Due to changing customer tastes for processed and packaged liquid food as well as rising acceptance of diverse beverages, the use of microwaveable liquid food packages has increased significantly at the consumer level.
What Can Adversely Affect Demand for Microwave Packaging?
“High Manufacturing Costs & Uncertain Price of Raw Materials”
High manufacturing costs and price uncertainty for raw materials are restraining the demand for microwave packaging.
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How are Emerging Companies Making a Space for Themselves?
“New Market Players Focused on Advanced Techniques to Provide Reliable Packaging Items”
New entrants are adopting advanced techniques and enhancing reliable packaging items with their physical characteristics to make them suitable for different microwave packaging formats.
- To get rid of single-use containers in takeout food, Australian start-up Replated offers recycled meal box containers. Its compact, recyclable single-use plastic containers are strong, spill-proof, microwave safe, and suited for both residential and commercial dishwashing. In addition, its products are free of bisphenol A and are safe for consumption.
Which Regional Market is Lucrative for Manufacturers of Microwave Packaging Products?
“Rapid Innovation in Packaging Systems in North America”
North America holds a dominant position in the global market. A combination of technological advancements and increased producer efficiency resulted in packaging system improvements that enable food to be processed in the package itself and distributed quickly, which in turn supports market growth.
Growing sales of microwave packaging materials, the presence of key providers of microwave packaging products, and the huge demand for fresh food packaging are driving market value in the region.
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Country-wise Insights
What is Boosting the Sales of Microwave Packaging Materials in Japan?
“Rapid Expansion of Packaging Industry across Japan”
The market in Japan is estimated to develop at a CAGR of 4.5% over the forecast period.
The elements fuelling market expansion include the surging demand for portable and convenient packaging, the rising popularity of microwaveable liquid food packaging for a variety of liquid food products, and the rapidly expanding packaging sector.
Why is South Korea a Lucrative Market for Microwave Packaging?
“Growing Acceptance of Flexible Frozen Food Packaging in the Country”
The market in South Korea is booming as a result of the high demand for warm food packaging services and the growing awareness of the advantages of nutrient-retaining packaging. A significant aspect that is projected to boost market growth prospects in the country is the acceptance of flexible frozen food packaging.
Why is the Market for Microwave Packaging So Prominent in Germany?
“Continuously Rising Consumer Demand for Freshly Prepared Food”
Market growth in Germany is attributed to the desire for freshly prepared food, which is anticipated to expand at the fastest rate due to its convenience and perception of greater quality compared to frozen and canned food.
Due to consumer interest in ethnic cuisines and steam-cooked vegetables expanding, hotels and restaurants are also more likely to serve fresh food, which, in turn, is driving market expansion. The growing use of frozen food applications and high consumer demand for convenient and time-saving packaging are the factors driving market revenue in Germany.
Why is the U.S. Microwave Packaging Market Prominent?
“Growing Packaged Food Consumption in the U.S.”
The U.S. market is expanding due to the widespread usage of microwave-safe packaging, strong demand for microwaveable packaging for frozen and processed food, and rising packaged food consumption.
Category-wise Insights
Which Product is Forecast to Gain the Highest Market Share?
“Bags & Pouches Most Preferred Due to their Adaptability”
By product, the market is divided into trays, folding cartons, cups & bowls, bags & pouches, and others. Demand for bags & pouches is expected to rise at a significant CAGR throughout the forecast period.
Consumers are rapidly adopting bags & pouches because of their adaptability, cheaper cost, durability, lightweight, and aesthetic appeal. Additionally, multi-level laminates found in pouch packaging protect beverages and food from microbial growth while maintaining their nutritional content, purity, and freshness.
Which Application is Expected to Generate High Revenue for Market Players?
“Growing Preference for Ready-to-eat & Convenience Food Products Driving Demand for Frozen Food Packaging”
The market is segmented into frozen food, fresh food, shelf-stable meals, and others based on application.
Frozen food packaging accounts for 50% share of the global market due to the growing preference for ready-to-eat and convenience food products as a result of busy lives caused by hectic schedules and a rise in the number of working people.
Frozen food packaging demand is also expected to increase as a result of recent innovations in packaging and rising microwave oven usage. Frozen food packaging is anticipated to contribute to the rise in demand for microwave packaging solutions due to its aesthetic appeal, usefulness, functionality, and material properties.
Competitive Landscape
Leading companies in the microwave packaging market are concentrating on providing advanced packaging solutions to fulfil consumer demand. Top players are increasing their efforts in the creation of excellent, efficient packaging services since packaging plays a significant role in the market.
For instance,
- In 2021, for Iceland, the biggest retailer of frozen foods, Mondi Group introduced biodegradable and renewable frozen food packaging that was made with 80% less plastic.
Key Segments of Microwave Packaging Industry Research
-
By Material:
- Plastic
- Paper
- Others
-
By Product:
- Trays
- Folding Cartons
- Cups & Bowls
- Bags & Pouches
- Others
-
By Application:
- Frozen Food
- Fresh Food
- Shelf-stable Meals
- Others
-
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Table of Content
- 1. Global Market - Executive Summary
- 2. Global Market Overview
- 3. Market Risks and Trends Assessment
- 4. Market Background and Foundation Data Points
- 5. Global Market Demand (US$ Mn) Analysis 2017 to 2021 and Forecast, 2022 to 2032
- 6. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Material
- 6.1. Plastic
- 6.2. Paper
- 6.3. Others
- 7. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, by Product
- 7.1. Trays
- 7.2. Folding Cartons
- 7.3. Cups & Bowls
- 7.4. Bags & Pouches
- 7.5. Others
- 8. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, by Application
- 8.1. Frozen Food
- 8.2. Fresh Food
- 8.3. Shelf-stable Meals
- 8.4. Others
- 9. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, by Region
- 9.1. North America
- 9.2. Latin America
- 9.3. Europe
- 9.4. East Asia
- 9.5. South Asia & Oceania
- 9.6. Middle East and Africa (MEA)
- 10. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 11. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 12. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 13. East Asia Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 14. South Asia & Oceania Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 15. Middle East and Africa Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 16. Market Structure Analysis
- 17. Competition Analysis
- 17.1. Sonoco
- 17.2. Sealed Air
- 17.3. Amcor
- 17.4. Berry Global Group
- 17.5. Coveris Flexibles
- 17.6. Bemis Company
- 17.7. Graphic Packaging International
- 17.8. Ampac Holdings
- 18. Assumptions and Acronyms Used
- 19. Research Methodology
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List Of Table
Table 01: Global Market Value (US$ Mn) Analysis, by Material, 2017 to 2021
Table 02: Global Market Value (US$ Mn) Analysis, by Material, 2022 to 2032
Table 03: Global Market Value (US$ Mn) Opportunity Analysis, by Material, 2022 to 2032
Table 04: Global Market Value (US$ Mn) Analysis, by Product, 2017 to 2021
Table 05: Global Market Value (US$ Mn) Analysis, by Product, 2022 to 2032
Table 06: Global Market Value (US$ Mn) Opportunity Analysis, by Product, 2022 to 2032
Table 07: Global Market Value (US$ Mn) Analysis, by Application, 2017 to 2021
Table 08: Global Market Value (US$ Mn) Analysis, by Application, 2022 to 2032
Table 09: Global Market Value (US$ Mn) Opportunity Analysis, by Application, 2022 to 2032
Table 10: Global Market Value (US$ Mn) Analysis, by Region, 2017 to 2021
Table 11: Global Market Value (US$ Mn) Analysis, by Region, 2022 to 2032
Table 12: Global Market Value (US$ Mn) Opportunity Analysis, by Region, 2022 to 2032
Table 13: North America Market Value (US$ Mn) Analysis, by Country, 2017 to 2021
Table 14: North America Market Value (US$ Mn) Analysis, by Country, 2022 to 2032
Table 15: North America Market Value (US$ Mn) Opportunity Analysis, by Country, 2022 to 2032
Table 16: North America Market Value (US$ Mn) Analysis, by Material, 2017 to 2021
Table 17: North America Market Value (US$ Mn) Analysis, by Material, 2022 to 2032
Table 18: North America Market Value (US$ Mn) Opportunity Analysis, by Material, 2022 to 2032
Table 19: North America Market Value (US$ Mn) Analysis, by Product, 2017 to 2021
Table 20: North America Market Value (US$ Mn) Analysis, by Product, 2022 to 2032
Table 21: North America Market Value (US$ Mn) Opportunity Analysis, by Product, 2022 to 2032
Table 22: North America Market Value (US$ Mn) Analysis, by Application, 2017 to 2021
Table 23: North America Market Value (US$ Mn) Analysis, by Application, 2022 to 2032
Table 24: North America Market Value (US$ Mn) Opportunity Analysis, by Application, 2022 to 2032
Table 25: Latin America Market Value (US$ Mn) Analysis, by Country, 2017 to 2021
Table 26: Latin America Market Value (US$ Mn) Analysis, by Country, 2022 to 2032
Table 27: Latin America Market Value (US$ Mn) Opportunity Analysis, by Country, 2022 to 2032
Table 28: Latin America Market Value (US$ Mn) Analysis, by Material, 2017 to 2021
Table 29: Latin America Market Value (US$ Mn) Analysis, by Material, 2022 to 2032
Table 30: Latin America Market Value (US$ Mn) Opportunity Analysis, by Material, 2022 to 2032
Table 31: Latin America Market Value (US$ Mn) Analysis, by Product, 2017 to 2021
Table 32: Latin America Market Value (US$ Mn) Analysis, by Product, 2022 to 2032
Table 33: Latin America Market Value (US$ Mn) Opportunity Analysis, by Product, 2022 to 2032
Table 34: Latin America Market Value (US$ Mn) Analysis, by Application, 2017 to 2021
Table 35: Latin America Market Value (US$ Mn) Analysis, by Application, 2022 to 2032
Table 36: Latin America Market Value (US$ Mn) Opportunity Analysis, by Application, 2022 to 2032
Table 37: Europe Market Value (US$ Mn) Analysis, by Country, 2017 to 2021
Table 38: Europe Market Value (US$ Mn) Analysis, by Country, 2022 to 2032
Table 39: Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2022 to 2032
Table 40: Europe Market Value (US$ Mn) Analysis, by Material, 2017 to 2021
Table 41: Europe Market Value (US$ Mn) Analysis, by Material, 2022 to 2032
Table 42: Europe Market Value (US$ Mn) Opportunity Analysis, by Material, 2022 to 2032
Table 43: Europe Market Value (US$ Mn) Analysis, by Product, 2017 to 2021
Table 44: Europe Market Value (US$ Mn) Analysis, by Product, 2022 to 2032
Table 45: Europe Market Value (US$ Mn) Opportunity Analysis, by Product, 2022 to 2032
Table 46: Europe Market Value (US$ Mn) Analysis, by Application, 2017 to 2021
Table 47: Europe Market Value (US$ Mn) Analysis, by Application, 2022 to 2032
Table 48: Europe Market Value (US$ Mn) Opportunity Analysis, by Application, 2022 to 2032
Table 49: East Asia Market Value (US$ Mn) Analysis, by Country, 2017 to 2021
Table 50: East Asia Market Value (US$ Mn) Analysis, by Country, 2022 to 2032
Table 51: East Asia Market Value (US$ Mn) Opportunity Analysis, by Country, 2022 to 2032
Table 52: East Asia Market Value (US$ Mn) Analysis, by Material, 2017 to 2021
Table 53: East Asia Market Value (US$ Mn) Analysis, by Material, 2022 to 2032
Table 54: East Asia Market Value (US$ Mn) Opportunity Analysis, by Material, 2022 to 2032
Table 55: East Asia Market Value (US$ Mn) Analysis, by Product, 2017 to 2021
Table 56: East Asia Market Value (US$ Mn) Analysis, by Product, 2022 to 2032
Table 57: East Asia Market Value (US$ Mn) Opportunity Analysis, by Product, 2022 to 2032
Table 58: East Asia Market Value (US$ Mn) Analysis, by Application, 2017 to 2021
Table 59: East Asia Market Value (US$ Mn) Analysis, by Application, 2022 to 2032
Table 60: East Asia Market Value (US$ Mn) Opportunity Analysis, by Application, 2022 to 2032
Table 61: South Asia & Oceania Market Value (US$ Mn) Analysis, by Country, 2017 to 2021
Table 62: South Asia & Oceania Market Value (US$ Mn) Analysis, by Country, 2022 to 2032
Table 63: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Country, 2022 to 2032
Table 64: South Asia & Oceania Market Value (US$ Mn) Analysis, by Material, 2017 to 2021
Table 65: South Asia & Oceania Market Value (US$ Mn) Analysis, by Material, 2022 to 2032
Table 66: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Material, 2022 to 2032
Table 67: South Asia & Oceania Market Value (US$ Mn) Analysis, by Product, 2017 to 2021
Table 68: South Asia & Oceania Market Value (US$ Mn) Analysis, by Product, 2022 to 2032
Table 69: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Product, 2022 to 2032
Table 70: South Asia & Oceania Market Value (US$ Mn) Analysis, by Application, 2017 to 2021
Table 71: South Asia & Oceania Market Value (US$ Mn) Analysis, by Application, 2022 to 2032
Table 72: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Application, 2022 to 2032
Table 73: MEA Market Value (US$ Mn) Analysis, by Country, 2017 to 2021
Table 74: MEA Market Value (US$ Mn) Analysis, by Country, 2022 to 2032
Table 75: MEA Market Value (US$ Mn) Opportunity Analysis, by Country, 2022 to 2032
Table 76: MEA Market Value (US$ Mn) Analysis, by Material, 2017 to 2021
Table 77: MEA Market Value (US$ Mn) Analysis, by Material, 2022 to 2032
Table 78: MEA Market Value (US$ Mn) Opportunity Analysis, by Material, 2022 to 2032
Table 79: MEA Market Value (US$ Mn) Analysis, by Product, 2017 to 2021
Table 80: MEA Market Value (US$ Mn) Analysis, by Product, 2022 to 2032
Table 81: MEA Market Value (US$ Mn) Opportunity Analysis, by Product, 2022 to 2032
Table 82: MEA Market Value (US$ Mn) Analysis, by Application, 2017 to 2021
Table 83: MEA Market Value (US$ Mn) Analysis, by Application, 2022 to 2032
Table 84: MEA Market Value (US$ Mn) Opportunity Analysis, by Application, 2022 to 2032
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List Of Figures
Figure 01: Global Market Value (US$ Mn) Historical Analysis, 2017 to 2021
Figure 02: Global Market Value (US$ Mn) Forecast and Analysis, 2022 to 2032
Figure 03: Global Market Value Y-o-Y Growth and Forecast, 2017 to 2032
Figure 04: Global Market Incremental $ Opportunity, 2022 to 2032
Figure 05: Global Market Share and BPS Analysis by Material, 2022 & 2032
Figure 06: Global Market Y-o-Y Growth Projections by Material, 2022 to 2032
Figure 07: Global Market Attractiveness Analysis by Material, 2022 to 2032
Figure 08: Global Market Share and BPS Analysis by Product, 2022 & 2032
Figure 09: Global Market Y-o-Y Growth Projections by Product, 2022 to 2032
Figure 10: Global Market Attractiveness Analysis by Product, 2022 to 2032
Figure 11: Global Market Share and BPS Analysis by Application, 2022 & 2032
Figure 12: Global Market Y-o-Y Growth Projections by Application, 2022 to 2032
Figure 13: Global Market Attractiveness Analysis by Application, 2022 to 2032
Figure 14: Global Market Share and BPS Analysis by Region, 2022 & 2032
Figure 15: Global Market Y-o-Y Growth Projections by Region, 2022 to 2032
Figure 16: Global Market Attractiveness Analysis by Region, 2022 to 2032
Figure 17: North America Market Value (US$ Mn) Historical Analysis, 2017 to 2021
Figure 18: North America Market Value (US$ Mn) Forecast and Analysis, 2022 to 2032
Figure 19: North America Market Value Y-o-Y Growth and Forecast, 2032
Figure 20: North America Market Incremental $ Opportunity, 2022 to 2032
Figure 21: North America Market Share Analysis by Country, 2022 & 2032
Figure 22: North America Market Y-o-Y Growth Projection by Country, 2022 to 2032
Figure 23: North America Market Attractiveness Analysis by Country, 2022 to 2032
Figure 24: North America Market Share and BPS Analysis by Material, 2022 & 2032
Figure 25: North America Market Y-o-Y Growth Projections by Material, 2022 to 2032
Figure 26: North America Market Attractiveness Analysis by Material, 2022 to 2032
Figure 27: North America Market Share and BPS Analysis by Product, 2022 & 2032
Figure 28: North America Market Y-o-Y Growth Projections by Product, 2022 to 2032
Figure 29: North America Market Attractiveness Analysis by Product, 2022 to 2032
Figure 30: North America Market Share and BPS Analysis by Application, 2022 & 2032
Figure 31: North America Market Y-o-Y Growth Projections by Application, 2022 to 2032
Figure 32: North America Market Attractiveness Analysis by Application, 2022 to 2032
Figure 33: Latin America Market Value (US$ Mn) Historical Analysis, 2017 to 2021
Figure 34: Latin America Market Value (US$ Mn) Forecast and Analysis, 2022 to 2032
Figure 35: Latin America Market Value Y-o-Y Growth and Forecast, 2017 to 2032
Figure 36: Latin America Market Incremental $ Opportunity, 2022 to 2032
Figure 37: Latin America Market Share Analysis by Country, 2022 & 2032
Figure 38: Latin America Market Y-o-Y Growth Projection by Country, 2022 to 2032
Figure 39: Latin America Market Attractiveness Analysis by Country, 2022 to 2032
Figure 40: Latin America Market Share and BPS Analysis by Material, 2022 & 2032
Figure 41: Latin America Market Y-o-Y Growth Projections by Material, 2022 to 2032
Figure 42: Latin America Market Attractiveness Analysis by Material, 2022 to 2032
Figure 43: Latin America Market Share and BPS Analysis by Product, 2022 & 2032
Figure 44: Latin America Market Y-o-Y Growth Projections by Product, 2022 to 2032
Figure 45: Latin America Market Attractiveness Analysis by Product, 2022 to 2032
Figure 46: Latin America Market Share and BPS Analysis by Application, 2022 & 2032
Figure 47: Latin America Market Y-o-Y Growth Projections by Application, 2022 to 2032
Figure 48: Latin America Market Attractiveness Analysis by Application, 2022 to 2032
Figure 49: Europe Market Value (US$ Mn) Historical Analysis, 2017 to 2021
Figure 50: Europe Market Value (US$ Mn) Forecast and Analysis, 2022 to 2032
Figure 51: Europe Market Value Y-o-Y Growth and Forecast, 2017 to 2032
Figure 52: Europe Market Incremental $ Opportunity, 2022 to 2032
Figure 53: Europe Market Share Analysis by Country, 2022 & 2032
Figure 54: Europe Market Y-o-Y Growth Projection by Country, 2022 to 2032
Figure 55: Europe Market Attractiveness Analysis by Country, 2022 to 2032
Figure 56: Europe Market Share and BPS Analysis by Material, 2022 & 2032
Figure 57: Europe Market Y-o-Y Growth Projections by Material, 2022 to 2032
Figure 58: Europe Market Attractiveness Analysis by Material, 2022 to 2032
Figure 59: Europe Market Share and BPS Analysis by Product, 2022 & 2032
Figure 60: Europe Market Y-o-Y Growth Projections by Product, 2022 to 2032
Figure 61: Europe Market Attractiveness Analysis by Product, 2022 to 2032
Figure 62: Europe Market Share and BPS Analysis by Application, 2022 & 2032
Figure 63: Europe Market Y-o-Y Growth Projections by Application, 2022 to 2032
Figure 64: Europe Market Attractiveness Analysis by Application, 2022 to 2032
Figure 65: East Asia Market Value (US$ Mn) Historical Analysis, 2017 to 2021
Figure 66: East Asia Market Value (US$ Mn) Forecast and Analysis, 2022 to 2032
Figure 67: East Asia Market Value Y-o-Y Growth and Forecast, 2017 to 2032
Figure 68: East Asia Market Incremental $ Opportunity, 2022 to 2032
Figure 69: East Asia Market Share Analysis by Country, 2022 & 2032
Figure 70: East Asia Market Y-o-Y Growth Projection by Country, 2022 to 2032
Figure 71: East Asia Market Attractiveness Analysis by Country, 2022 to 2032
Figure 72: East Asia Market Share and BPS Analysis by Material, 2022 & 2032
Figure 73: East Asia Market Y-o-Y Growth Projections by Material, 2022 to 2032
Figure 74: East Asia Market Attractiveness Analysis by Material, 2022 to 2032
Figure 75: East Asia Market Share and BPS Analysis by Product, 2022 & 2032
Figure 76: East Asia Market Y-o-Y Growth Projections by Product, 2022 to 2032
Figure 77: East Asia Market Attractiveness Analysis by Product, 2022 to 2032
Figure 78: East Asia Market Share and BPS Analysis by Application, 2022 & 2032
Figure 79: East Asia Market Y-o-Y Growth Projections by Application, 2022 to 2032
Figure 80: East Asia Market Attractiveness Analysis by Application, 2022 to 2032
Figure 81: South Asia & Oceania Market Value (US$ Mn) Historical Analysis, 2017 to 2021
Figure 82: South Asia & Oceania Market Value (US$ Mn) Forecast and Analysis, 2022 to 2032
Figure 83: South Asia & Oceania Market Value Y-o-Y Growth and Forecast, 2017 to 2032
Figure 84: South Asia & Oceania Market Incremental $ Opportunity, 2022 to 2032
Figure 85: South Asia & Oceania Market Share Analysis by Country, 2022 & 2032
Figure 86: South Asia & Oceania Market Y-o-Y Growth Projection by Country, 2022 to 2032
Figure 87: South Asia & Oceania Market Attractiveness Analysis by Country, 2022 to 2032
Figure 88: South Asia & Oceania Market Share and BPS Analysis by Material, 2022 & 2032
Figure 89: South Asia & Oceania Market Y-o-Y Growth Projections by Material, 2022 to 2032
Figure 90: South Asia & Oceania Market Attractiveness Analysis by Material, 2022 to 2032
Figure 91: South Asia & Oceania Market Share and BPS Analysis by Product, 2022 & 2032
Figure 92: South Asia & Oceania Market Y-o-Y Growth Projections by Product, 2022 to 2032
Figure 93: South Asia & Oceania Market Attractiveness Analysis by Product, 2022 to 2032
Figure 94: South Asia & Oceania Market Share and BPS Analysis by Application, 2022 & 2032
Figure 95: South Asia & Oceania Market Y-o-Y Growth Projections by Application, 2022 to 2032
Figure 96: South Asia & Oceania Market Attractiveness Analysis by Application, 2022 to 2032
Figure 97: MEA Market Value (US$ Mn) Historical Analysis, 2017 to 2021
Figure 98: MEA Market Value (US$ Mn) Forecast and Analysis, 2022 to 2032
Figure 99: MEA Market Value Y-o-Y Growth and Forecast, 2017 to 2032
Figure 100: MEA Market Incremental $ Opportunity, 2022 to 2032
Figure 101: MEA Market Share Analysis by Country, 2022 & 2032
Figure 102: MEA Market Y-o-Y Growth Projection by Country, 2022 to 2032
Figure 103: MEA Market Attractiveness Analysis by Country, 2022 to 2032
Figure 104: MEA Market Share and BPS Analysis by Material, 2022 & 2032
Figure 105: MEA Market Y-o-Y Growth Projections by Material, 2022 to 2032
Figure 106: MEA Market Attractiveness Analysis by Material, 2022 to 2032
Figure 107: MEA Market Share and BPS Analysis by Product, 2022 & 2032
Figure 108: MEA Market Y-o-Y Growth Projections by Product, 2022 to 2032
Figure 109: MEA Market Attractiveness Analysis by Product, 2022 to 2032
Figure 110: MEA Market Share and BPS Analysis by Application, 2022 & 2032
Figure 111: MEA Market Y-o-Y Growth Projections by Application, 2022 to 2032
Figure 112: MEA Market Attractiveness Analysis by Application, 2022 to 2032
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What is the microwave packaging market size?
Currently, the global microwave packaging market is valued at US$ 17 billion.
What is the estimated value of the global microwave packaging market by 2032?
Global demand for microwave packaging is set to reach US$ 36 billion by 2032.
What is the predicted growth rate for the market for microwave packaging?
Sales of microwave packaging products are anticipated to increase at a CAGR of 7.8% from 2022 to 2032.
Which segment has the largest share in the microwave packaging market?
Frozen food packaging accounts for 50% share of the global market in 2022.
Why is microwave packaging in such high demand?
Growing awareness of people about health and increasing demand for ready-to-eat food with eco-friendly packaging are driving the demand for microwave packaging.
Who are the key players in the microwave packaging market?
Sonoco, Sealed Air, and Amcor are the top providers of microwave packaging systems.