Global Fresh Seafood Packaging Market Size, Trends and Growth Opportunity, By Material (Polypropylene, Polyethylene, Aluminum Paper, PVC, and BOPET), By Pack Type (Gusseted Bags, Flexible Paper, Converted Roll Stock, Corrugated Box, Boxboard, and Cans), By Region and Forecast Till 2027.
Report ID : IR1001169 | Industries : Food and Beverage | Published On :May 2024 | Page Count : 175
Global Fresh Seafood Packaging Market Size, Trends and Growth Opportunity, By Material (Polypropylene, Polyethylene, Aluminum Paper, PVC, and BOPET), By Pack Type (Gusseted Bags, Flexible Paper, Converted Roll Stock, Corrugated Box, Boxboard, and Cans), By Region and Forecast Till 2027.
Global Fresh Seafood Packaging Market
Market Overview
Global Fresh Seafood Packaging Market was valued at USD 28.9 billion in 2021 which is expected to reach 95.7 billion by 2027 at a CAGR 22.9%.
Fresh seafood has a high concentration of many vitamins, including vitamins A, D, and B-Complex, as well as minerals, zinc, calcium, and long-chain omega-3 fatty acids. Moreover, seafood has few calories. Food contamination and alterations to its biological, physical, and chemical makeup are prevented with the aid of seafood packaging.
Market Drivers
The main factor projected to fuel the growth of the worldwide fresh seafood packaging market is the rise in demand for seafood. Also, throughout this forecast period, a rise in cleanliness and healthy food awareness is anticipated to fuel the expansion of the worldwide fresh seafood packaging market. Moreover, expanding technological advancements and innovations would favorably affect the expansion of the global market for fresh seafood packaging. For instance, LidI has introduced plastic packaging for use in the ocean in February 2020. It is being developed in collaboration with Bantam Materials, Sharpak Packaging, and Capernus, a provider of plastic for use in shipping. Packaging for fresh fish is made of plastic that can withstand the ocean.
Market Restraints
The market for packaging fresh seafood may also be constrained by governmental laws regarding food safety and packaging materials. The cost and effort involved in complying with these rules may reduce the market competitiveness of seafood products. Products made from frozen fish typically cost less money, are easier to use, and have a longer shelf life than fresh seafood. Producers of fresh fish may find it challenging to compete in the market as a result.
Market Segmentation
The global fresh seafood packaging market is segmented into material such as polypropylene, polyethylene, aluminum paper, PVC, and bopet. By pack type such as gusseted bags, flexible paper, converted roll stock, corrugated box, boxboard, and cans.
Regional Analysis
The global fresh seafood packaging market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America is a significant market for fresh seafood packaging due to the high demand for seafood in the region. The United States is the largest market in the region, driven by the increasing consumption of seafood and the growing awareness of the importance of sustainable packaging. The Canadian market is also significant, driven by the country's seafood export industry.
Market Key Players
Various key players are discussed in this report such as Silgan Holdings Inc, Mondi Plc, Dupont, Ds Smith Plc, Coveris, Smurfit Kappa, Sealed Air Corporation, Westrock Company, International Paper Company, And Amcor Plc.
Market Taxonomy
By Material
• Polypropylene
• Polyethylene
• Aluminum Paper
• PVC
• BOPET
By Pack Type
• Gusseted Bags
• Flexible Paper
• Converted Roll Stock
• Corrugated Box
• Boxboard
• Cans
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
Global Fresh Seafood Packaging Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Fresh Seafood Packaging Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Fresh Seafood Packaging Market, By Material
5.1 Y-o-Y Growth Comparison, By Material
5.2 Global Fresh Seafood Packaging Market Share Analysis, By Material
5.3 Global Fresh Seafood Packaging Market Size and Forecast, By Material
5.3.1 Polypropylene
5.3.2 Polyethylene
5.3.3 Aluminium Paper
5.3.4 PVC
5.3.5 BOPET
6 Global Fresh Seafood Packaging Market, By Pack Type
6.1 Y-o-Y Growth Comparison, By Pack Type
6.2 Global Fresh Seafood Packaging Market Share Analysis, By Pack Type
6.3 Global Fresh Seafood Packaging Market Size and Forecast, By Pack Type
6.3.1 Gusseted Bags
6.3.2 Flexible Paper
6.3.3 Converted Roll Stock
6.3.4 Corrugated Box
6.3.5 Boxboard
6.3.6 Can
7 Global Fresh Seafood Packaging Market, By Region
7.1 Global Fresh Seafood Packaging Market Share Analysis, By Region
7.2 Global Fresh Seafood Packaging Market Size and Forecast, By Region
8 North America Fresh Seafood Packaging Market Analysis and Forecast (2022 – 2027)
8.1 Introduction
8.2 North America Fresh Seafood Packaging Market Share Analysis, By Material
8.3 North America Fresh Seafood Packaging Market Size and Forecast, By Pack Type
8.4 North America Fresh Seafood Packaging Market Size and Forecast, By Country
8.4.1 U.S.
8.4.2 Canada
8.4.3 Mexico
9 Europe Fresh Seafood Packaging Market Analysis and Forecast (2022 – 2027)
9.1 Introduction
9.2 Europe Fresh Seafood Packaging Market Share Analysis, By Material
9.3 Europe Fresh Seafood Packaging Market Size and Forecast, By Pack Type
9.4 Europe Fresh Seafood Packaging Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4. Rest of Europe
10 Asia Pacific Fresh Seafood Packaging Market Analysis and Forecast (2022 – 2027)
10.1 Introduction
10.2 Asia Pacific Fresh Seafood Packaging Market Share Analysis, By Material
10.3 Asia Pacific Fresh Seafood Packaging Market Size and Forecast, By Pack Type
10.4 Asia Pacific Fresh Seafood Packaging Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4. Rest of Asia Pacific
11 Latin America Fresh Seafood Packaging Market Analysis and Forecast (2022 – 2027)
11.1 Introduction
11.2 Latin America Fresh Seafood Packaging Market Share Analysis, By Material
11.3 Latin America Fresh Seafood Packaging Market Size and Forecast, By Pack Type
11.4 Latin America Fresh Seafood Packaging Market Size and Forecast, By Country
12 Middle East Fresh Seafood Packaging Market Analysis and Forecast (2022 – 2027)
12.1 Introduction
12.2 Middle East Fresh Seafood Packaging Market Share Analysis, By Material
12.3 Middle East Fresh Seafood Packaging Market Size and Forecast, By Pack Type
12.4 Middle East Fresh Seafood Packaging Market Size and Forecast, By Country
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14 Company Profiles
15.1 Silgan Holdings Inc.
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Mondi Plc.
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Dupont
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 DS Smith Plc.
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Coveris
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Smurfit Kappa
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Sealed Air Corporation
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Westrock Company
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 International Paper Company
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Amcor Plc.
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies