Ice Cream Packaging Market Trends, Growth, Future Demand, Analysis and Forecast by 2032
The global ice cream packaging market size is likely to reach US$ 1,215.6 Mn by the end of 2032 and expand at a CAGR of 4.0% from 2022-2032. Customers are nowadays purchasing ice creams based on appeal, impulse, and brand perception, which has emerged as the key factor for growth.
Packaging for ice creams needs to be both attractive visually and
provide exceptional product protection. Excellent ice cream packaging quality
will make the product sell better, last longer, and improve brand recognition.
Thus, rapid development of high-quality and unique designs of ice cream
packaging is expected to boost sales and help companies to stay ahead of their
competitors.
Moreover, consumers are increasingly turning to ice creams for indulgent
pleasure, which is driving sales of cutting-edge ice cream packaging. Various
brands are striving to adapt to their options of ice cream packaging to suit a
more direct-to-consumer supply chain approach owing to the new way of selling
online. Manufacturers have decided to steer clear of plastic as consumer
preference for sustainable packaging has increased. Hence, they are coming up
with sustainable ice cream packaging solutions globally.
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The future of the ice cream packaging industry will be better for the
environment as more environmentally friendly alternatives are being discovered.
It will also benefit consumers because there will be more options for easy ice
cream packaging.
Key Takeaways from Global Ice Cream Packaging Market
- The cup segment under
packaging type is expected to hold around 32% of the
market share by the end of 2032.
- Based on material, the
plastic segment is anticipated to grow 1.5x the current
market value during the forecast period (2022-2032).
- The global ice cream
packaging market witnessed a CAGR of 3.7% during the
historic period (2015-2021).
- The U.S. ice cream packaging
market is projected to create an incremental opportunity of US$
45.2 Mn during 2022-2032.
- The New Zealand ice cream
packaging market is estimated to grow at 3.4% CAGR during
2022-2032.
“Manufacturers are focusing on developing sustainable and innovative ice
cream packaging, which would push sales. Besides, expansion of the e-commerce
industry will propel growth in the global market,” says a FMI analyst.
Rising Demand for Ready-to-eat Ice Creams to Drive the Global Market
In today’s world, convenience is not just about portability, but also
about protecting hygiene. Consumers are looking for convenient and ready-to-eat
ice cream products backed by their busy lifestyles. These products are easy to
transport and can be eaten at work. Hectic schedules of consumers are
compelling them to buy ice cream in bulk and keep it in their refrigerators for
a longer period of time. Thus, manufacturers are focusing on developing unique
packaging that would provide longer shelf life and help to keep the ice cream
quality good.
Increasing Demand for Sustainable Packaging is Propelling the Global
Market
Consumers are preferring novel packaging that looks attractive, as well
as is beneficial for the environment, whether they are buying ice cream
regularly or spontaneously. Also, the packaging should be able to keep the
product fresh and should reveal the brand essence. Ice cream packaging
manufacturers are thus producing sustainable solutions, which would fuel the
global market.
Competitive Landscape: Ice Cream Packaging Market
Berry Global Group, Amcor Plc, ITC Packaging, INDEVCO Group, Huhtamaki
Oyj, International Paper Company, Stora Enso Oyj, Sonoco Products Company,
Frapak Packaging b.v., Tetra Laval, Stanpac Inc., Insta Polypack, Sirane
Limited, Safepack Solutions, Uniflex, Delkor Systems, Inc., Scholle Ipn
Corporation, and Pixelle Specialty Solutions are some of the leading ice cream
packaging manufacturers worldwide.
Global Ice Cream Packaging Market Outlook By Category
By Packaging Type:
- Cup
- Tub
- Stick Pack
- Folding Carton
- Others
By Material:
- Plastic
- Paper & Paperboard
- Glass
- Others (Metal, etc.)
By Sales Channel:
- Online
- Offline
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