Refrigeration Packaging Market Research Report - Global Forecast To 2023
Global Refrigeration Packaging Market Information by Packaging Material (Paper & Paperboard, Plastic, Metal and Others), by packaging type (Boxes And Cartons, Bags And Pouches, Containers, Bottle & Jars and Others), By end-user (Residential, Non-Residential) and Region - Forecast To 2023 The frozen food industry has come a long way in the past several years. Gone are freezers of the past filled simply with fish sticks and freezer-burned vegetables. Many brands are offering high-quality meals that can easily be heated and served on demand. These luxury frozen food brands have reinvented the idea of frozen food as these ready-to-go premium quality meals are healthy, convenient and sustainable. Rising demand to preserve milk in dairy shops will propel coolers demand over the projected timeframe. Diary companies are upgrading their existing capacities, and setting up cold storages along with the processing plant. This will generate the overall revenue over the forecast period. One challenge in the market is the volatility in raw material prices. The most common raw materials used in the manufacturing of packaged refrigeration, include aluminum, copper, and steel. These materials have volatile prices that affect the manufacturers, and the end-user segments. The expanding demand-supply gap in the last few years has led to the increase in the cost of raw materials. Global interest in frozen foods has soared in recent years, resulting in numerous growth opportunities for manufacturers. In fact, MRFR predicts the global refrigeration packaging market will reach more than USD 10 billion by 2023, growing at a CAGR of ~ 5.37% during the period 2017-2023. Request Report Sample @ https://www.marketresearchfuture.com/sample_request/5071
★
★
★
★
★
94 views • 8 slides
