Customization and Branding Opportunities to Benefit Ice Cream Container Manufacturers. FMI Projects US$ 1,381.7 Million Market Valuation by 2034
According to Future Market Insights research study, the ice cream container market's surging demand for Growth of online food delivery services requires secure packaging.
NEWARK, Del, March 21, 2024 (GLOBE NEWSWIRE) -- The ice cream container market is predicted to grow at a CAGR of 3.30% through 2034. The market is expected to reach a value of US$ 998.6 million in 2024 and US$ 1,381.7 million by 2034. The growth of this market can be attributed to the increasing demand for premium and artisanal frozen desserts. This has led to a need for customized containers that cater to consumer preferences.Consumers today prefer convenient and portable packaging options like ice cream tubs, cartons, and pint containers. As consumer preferences and regulatory pressures evolve, ice cream packaging solutions are also evolving to incorporate eco-friendly materials and innovative designs, thereby enhancing product visibility and freshness.
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The growing popularity of online food delivery services is also driving the demand for secure and leak-proof disposable ice cream containers, making transportation safe. To differentiate their products, key players in the ice cream container market, including those from the United Kingdom, the United States, Canada, Germany, and Italy, are leveraging opportunities for customization and branding. There is a growing trend towards sustainable packaging solutions as consumers increasingly seek recyclable or biodegradable options.
Analyzing emerging trends in packaging formats, such as single-serve portion packs and on-the-go formats, provides valuable insights into future market growth and innovation. Therefore, it is essential for businesses to keep a close eye on these trends to stay competitive and meet the evolving needs of consumers.
* “An increasing need for creative and personalized packaging solutions to cater to the growing demand for high-quality and unique ice cream products is driving the market's growth. With the surge in popularity of single-serve and parcel consumption patterns, manufacturers can explore innovative and easily portable packaging options,” says a Lead **Consul**tant Ismail Sutaria in Packaging at Future Market Insights (FMI).*
*Key Takeaways from the Market Study*
· The plastic ice cream containers segment is expected to account for a market share of 83.10% in 2024.
· The ice cream tubs segment is estimated to account for a market share of 43.20% in 2024.
· The ice cream container industry in the United Kingdom is predicted to rise by a remarkable 2.6% CAGR through 2034.
· The ice cream container industry in the United States is estimated to rise at a 2.4% CAGR through 2034.
· The ice cream container industry in Canada has the potential to increase by a 2.1% CAGR through 2034.
· The ice cream container industry in Germany is anticipated to develop at a CAGR of 2.0% through 2034.
· The ice cream container industry in Italy is projected to inflate at a CAGR of 1.8% through 2034.*Unlock Success with Our Proven Methodology! Start Now and Transform Your Business:* https://www.futuremarketinsights.com/request-report-methodology/rep-gb-19289
*Competitive Landscape*
Market players like Amcor and Huhtamaki investing in innovative packaging solutions that cater to the evolving preferences of consumers. These companies are prioritizing sustainability by offering eco-friendly packaging options to meet the growing demand for environmentally responsible choices. By doing so, they are able to differentiate their products, enhance brand visibility, and gain a competitive edge in the market.
*Key Companies in the Market*
1. Huhtamaki Group
2. Berry Global, Inc.
3. Amcor plc
4. Graphic Packaging International, LLC
5. Sonoco Products Company
6. RPC Group plc
7. Greiner Packaging International GmbH
8. Coveris Holdings S.A.
9. Sealed Air Corporation
10. Smurfit Kappa Group PLC
*Recent Developments*
· On July 7, 2023, The Strategist praised S'well's Stainless-Steel Ice-Cream-Pint Cooler for its ability to fit a pint and convenience for dessert on-the-go.
· Huhtamaki launched an innovative ice cream packaging solution in the US on October 31, 2022, made from 95% renewable biobased material, marking a significant step towards sustainability.
· To celebrate Dussehra on October 1, 2019, Dairy Day introduced mini premium tubs in three flavors, offering a diverse selection of indulgent treats.
· Nestlé unveiled an eco-friendly, reusable stainless-steel double-walled container for Häagen-Dazs on February 9, 2019, ensuring that the ice cream remained fresh and cold from production to delivery.
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*Market Segmentation:*
*By Packaging Format:*
· Cup
· Tubs
· Jar*By Material:*
· Plastic
· Paperboard
· Glass
· Metal
*By Sales Channel:*
· Online
· Offline
*By Region:*
· North America
· Latin America
· Asia Pacific
· Middle East and Africa (MEA)
· Europe*Authored by:*
Ismail Sutaria (Lead Consultant, Packaging and Materials) has over 8 years of experience in market research and consulting in the packaging & materials industry. Ismail’s strength lies in identifying key challenges faced by the client and offering logical and actionable insights to equip the clients with strategic decision-making power.
Ismail has been an instrumental part of several transformational consulting assignments. His key skills include competitive benchmarking, opportunity assessment, macroeconomic analysis, and business transformation advisory. Ismail is an MBA holder in Marketing and has a Bachelor’s Degree in Mathematics.
*Explore Trending Reports of Packaging*
The global ice cream packaging market size is likely to reach US$ 1263.74 million by the end of 2033 and expand at a CAGR of 4.0% from 2023 to 2033.
The global sanitary food & beverage packaging market is expected to surpass US$ 52.55 billion by 2033, exhibiting a CAGR of 2.6% between 2023 and 2033.
The disposable plates market is expected to expand its roots at an average CAGR of 6.2% during the forecast period. The market is anticipated to cross a value of US$ 9.35 billion by 2033.
The global thin-wall plastic container market is anticipated to reach US$ 54,315 million by 2034. The market is projected to expand at a CAGR of 4.8% over the forecast period.
The clamshell packaging market is predicted to thrive at a sluggish CAGR of 3.0% from 2024 to 2034. and is envisioned to achieve a worth of US$ 12.2 billion by 2034.
The global beverage cartoners market size is projected to grow at a CAGR of 4.9% between 2023 and 2033, totaling around US$ 1.1 billion by 2033.
The global thermoformed containers market is expected to record a CAGR of 4.6% from 2023 to 2033. By 2033, the valuation is anticipated to reach US$ 31.6 billion.
The aluminum foil containers market is record a CAGR of 5.5%. The valuation is projected to reach US$ 6.5 billion over the forecast period.
The global collapsible rigid containers market is develop at a CAGR of 4.9% between 2023 and 2033, reaching around US$ 2.74 billion by 2033.
The biodegradable disposable tableware market is expected to evolve at a CAGR of 4.3% from 2024 to 2034. The biodegradable disposable dinnerware market will strengthen from US$ 12.2 billion in 2024 to US$ 22.7 billion by 2034.
*About Future Market Insights (FMI)*
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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