Seafood Packaging Market Growth, Size, Trends, Revenue, Scope, Challenges and Future Outlook
Seafood Packaging Market Size- By Product Type, By Material Type, By Packaging Technology, By Application, By Seafood Type- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Jul-2023 | Report ID: PACK2317 | Pages: 1 - 244 | Formats*: |
| Category : Packaging | |||
Seafood Packaging Market Introduction and Overview
According to SPER Market Research, the Global Seafood Packaging Market is estimated to reach USD 28.85 billion by 2033 with a CAGR of 5.33%.
The report includes an in-depth analysis of the Global Seafood Packaging Market, including market size and trends, product mix, distribution channels, and supplier analysis. Seafood is a category of food that is not only low in calories but also rich in essential vitamins like B-complex, A, and D, as well as beneficial nutrients such as zinc, calcium, and long-chain omega-3 fatty acids. Packaging fresh seafood plays a crucial role in safeguarding it from contamination and preserving its chemical, biological, and physical properties.
- August 2022: Hyperion Motors unveiled the Hyper Fuel Mobile Station, capable of refueling both hydrogen fuel cell electric vehicles and battery electric vehicles. The station includes a hydrogen dispenser for FCEVs and an optional DC fast charger for BEVs. This innovative Product Type allows simultaneous servicing of two vehicle segments at a reduced cost and risk compared to permanent installations. Hyperion plans to expand the stations across the U.S., building on the Hyper: Fuel network.
- July 2022: Grounded Packaging, a company based in Sydney, Australia, has introduced an advanced and contactless sustainable packaging solution called Re: Mono. This innovative packaging is made up of 83% recycled materials and is specifically designed for use in packaging meat and seafood products.
Market Opportunities and Challenges
The market for packaging seafood around the world offers a number of opportunities and difficulties:
Opportunities:
- Growing worldwide population and improved knowledge of the health advantages of eating seafood have boosted the demand for seafood products, which in turn has increased the need for effective and ecological packaging solutions.
- Technological developments: New packaging materials and designs that are ecologically benign have been made possible by breakthroughs in packaging technology, providing opportunity to create seafood packaging strategies that are more effective and environmentally responsible.
Challenges:
- Due to its high perishability, seafood should be properly packaged to prevent food loss and spoilage. It is still difficult to create packaging that keeps seafood fresh and increases shelf life.
- Regulation adherence: Strict rules about hygienic practises and food safety apply to the seafood business. These rules must be followed by packaging materials to guarantee customer safety.
Market Competitive Landscape
The global seafood packaging market is characterized by a high level of fragmentation and intense competition. A handful of key players hold significant market share by providing innovative packaging solutions. These major players maintain their dominance by consistently seeking opportunities to expand their customer base across different regions and emphasizing continuous innovation in their packaging offerings. The key players in the Global Seafood Packaging market include Amcor plc, Crown Packaging, DS Smith, FFP Packaging Ltd., Printpack, Sealed Air, Silgan Holdings Inc., SIRANE GROUP, Smurfit Kappa, WINPAK LTD., Others.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Product Type, By Material Type, By Packaging Technology, By Application, By Seafood Type |
| Regions covered | Asia-Pacific, Middle East and Africa, Europe, North America, Latin America |
| Companies Covered | Amcor plc, Crown Packaging, DS Smith, FFP Packaging Ltd., Printpack, Sealed Air, Silgan Holdings Inc., SIRANE GROUP, Smurfit Kappa, WINPAK LTD., Others |
COVID-19 Impact on Global Seafood Packaging Market
The outbreak of COVID-19 has resulted in a decline in the demand for seafood. The virus is suspected to have originated a year ago in the seafood and wildlife market in the central Chinese town of Wuhan. Due to the risk of virus transmission, the seafood packaging industry has been adversely affected, hindering the market's growth. As a result of the pandemic's impact, the market share of seafood packaging is expected to decrease.
Key Target Audience:
- Food Safety and Quality Inspectors
- Packaging Manufacturers
- Regulatory Authorities
- Research and Development Teams
- Retailers and Wholesalers
- Seafood Exporters and Importers
- Seafood Processors and Suppliers
- Sustainability Advocates
- Others
Our in-depth analysis of the Seafood Packaging Market includes the following segments:
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| By Material Type: |
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| By Application: |
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| By Packaging Technology: |
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| By Seafood Type: |
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Key Topics Covered in the Report:
- Global Seafood Packaging Market Size (FY’2023-FY’2033)
- Overview of Global Seafood Packaging Market
- Segmentation of Global Seafood Packaging Market By Product Type (Bags & Boxes, Cans, Films, Jars, Trays, Others Compressors)
- Segmentation of Global Seafood Packaging Market By Material Type (Glass, Metal, Paper & Paperboard, Plastic, Others)
- Segmentation of Global Seafood Packaging Market By Packaging Technology (Modified Atmospheric Packaging, Retort Packaging, Vacuum Packaging Gas)
- Segmentation of Global Seafood Packaging Market By Application (Crustaceans Packaging, Fish Packaging, Molluscs Packaging, Others)
- Segmentation of Global Seafood Packaging Market By Seafood Type (Crustaceans, Fish, Molluscs, Others)
- Statistical Snap of Global Seafood Packaging Market
- Expansion Analysis of Global Seafood Packaging Market
- Problems and Obstacles in Global Seafood Packaging Market
- Competitive Landscape in the Global Seafood Packaging Market
- Impact of COVID-19 and Demonetization on Global Seafood Packaging Market
- Details on Current Investment in Global Seafood Packaging Market
- Competitive Analysis of Global Seafood Packaging Market
- Prominent Players in the Global Seafood Packaging Market
- SWOT Analysis of Global Seafood Packaging Market
- Global Seafood Packaging Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impacts of the Global Seafood Packaging Market
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Seafood Packaging Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Seafood Packaging Market
7. Global Seafood Packaging Market, By Product Type (USD Million)
7.1. Global Seafood Packaging Market Value Share and Forecast, By Product Type, 2023-20337.2. Bags & Boxes7.3. Cans7.4. Films7.5. Jars7.6. Trays7.7. Others Compressors
8. Global Seafood Packaging Market, By Material Type (USD Million)
8.1. Global Seafood Packaging Market Value Share and Forecast, By Material Type, 2023-20338.2. Glass8.3. Metal8.4. Paper & Paperboard8.5. Plastic8.6. Others
9. Global Seafood Packaging Market, By Packaging Technology (USD Million)
9.1. Global Seafood Packaging Market Value Share and Forecast, By Packaging Technology, 2023-20339.2. Modified Atmospheric Packaging (MAP)9.3. Retort Packaging9.4. Vacuum Packaging Gas
10. Global Seafood Packaging Market, By Application (USD Million)
10.1. Global Seafood Packaging Market Value Share and Forecast, By Application, 2023-203310.2. Crustaceans Packaging10.3. Fish Packaging10.4. Molluscs Packaging10.5. Others
11. Global Seafood Packaging Market, By Seafood Type (USD Million)
11.1. Global Seafood Packaging Market Value Share and Forecast, By Seafood Type, 2023-203311.2. Crustaceans11.3. Fish11.4. Molluscs11.5. Others
12. Global Seafood Packaging Market Forecast, 2019-2033 (USD Million)
12.1. Global Seafood Packaging Market Size and Market Share
13. Global Seafood Packaging Market, By Product Type, 2019-2033 (USD Million)
13.1. Global Seafood Packaging Market Size and Market Share By Product Type (2019-2026)13.2. Global Seafood Packaging Market Size and Market Share By Product Type (2027-2033)
14. Global Seafood Packaging Market, By Material Type, 2019-2033 (USD Million)
14.1. Global Seafood Packaging Market Size and Market Share By Material Type (2019-2026)14.2. Global Seafood Packaging Market Size and Market Share By Material Type (2027-2033)
15. Global Seafood Packaging Market, By Packaging Technology, 2019-2033 (USD Million)
15.1. Global Seafood Packaging Market Size and Market Share By Packaging Technology (2019-2026)15.2. Global Seafood Packaging Market Size and Market Share By Packaging Technology (2027-2033)
16. Global Seafood Packaging Market, By Application, 2019-2033 (USD Million)
16.1. Global Seafood Packaging Market Size and Market Share By Application (2019-2026)16.2. Global Seafood Packaging Market Size and Market Share By Application (2027-2033)
17. Global Seafood Packaging Market, By Seafood Type, 2019-2033 (USD Million)
17.1. Global Seafood Packaging Market Size and Market Share By Seafood Type (2019-2026)17.2. Global Seafood Packaging Market Size and Market Share By Seafood Type (2027-2033)
18. Global Seafood Packaging Market, By Region, 2019-2033 (USD Million)
18.1. Global Seafood Packaging Market Size and Market Share By Region (2019-2026)18.2. Global Seafood Packaging Market Size and Market Share By Region (2027-2033)18.3. Asia-Pacific18.3.1. Australia18.3.2. China18.3.3. India18.3.4. Japan18.3.5. South Korea18.3.6. Rest of Asia-Pacific18.4. Europe18.4.1. France18.4.2. Germany18.4.3. Italy18.4.4. Spain18.4.5. United Kingdom18.4.6. Rest of Europe18.5. Middle East and Africa18.5.1. Kingdom of Saudi Arabia18.5.2. United Arab Emirates18.5.3. Rest of Middle East & Africa18.6. North America18.6.1. Canada18.6.2. Mexico18.6.3. United States18.7. Latin America18.7.1. Argentina18.7.2. Brazil18.7.3. Rest of Latin America
19. Company Profile
19.1. Amcor plc19.1.1. Company details19.1.2. Financial outlook19.1.3. Product summary19.1.4. Recent developments19.2. Crown Packaging19.2.1. Company details19.2.2. Financial outlook19.2.3. Product summary19.2.4. Recent developments19.3. DS Smith19.3.1. Company details19.3.2. Financial outlook19.3.3. Product summary19.3.4. Recent developments19.4. FFP Packaging Ltd.19.4.1. Company details19.4.2. Financial outlook19.4.3. Product summary19.4.4. Recent developments19.5. Printpack19.5.1. Company details19.5.2. Financial outlook19.5.3. Product summary19.5.4. Recent developments19.6. Sealed Air19.6.1. Company details19.6.2. Financial outlook19.6.3. Product summary19.6.4. Recent developments19.7. Silgan Holdings Inc.19.7.1. Company details19.7.2. Financial outlook19.7.3. Product summary19.7.4. Recent developments19.8. SIRANE GROUP19.8.1. Company details19.8.2. Financial outlook19.8.3. Product summary19.8.4. Recent developments19.9. Smurfit Kappa19.9.1. Company details19.9.2. Financial outlook19.9.3. Product summary19.9.4. Recent developments19.10. WINPAK LTD.19.10.1. Company details19.10.2. Financial outlook19.10.3. Product summary19.10.4. Recent developments19.11. Others
20. List of Abbreviations
21. Reference Links
22. Conclusion
23. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Seafood is a category of food that is not only low in calories but also rich in essential vitamins like B-complex, A, and D, as well as beneficial nutrients such as zinc, calcium, and long-chain omega-3 fatty acids.
Seafood Packaging Market is projected to reach USD 28.85 billion by 2033, growing at a CAGR of 5.33% during the forecast period.
Seafood Packaging Market grew in market size from 2023. The Market is expected to reach USD 28.85 billion by 2033, at a CAGR of 5.33% during the forecast period.
Seafood Packaging Market CAGR of 5.33% during the forecast period.
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Seafood Packaging Market size is USD 28.85 billion from 2023 to 2033.
Seafood Packaging Market Segment is Covered By Product Type, By Material Type, By Packaging Technology, By Application, By Seafood Type
The North America region is anticipated to have the highest market share in Seafood Packaging Market.
The key players in the market include Companies Covered Amcor plc, Crown Packaging, DS Smith, FFP Packaging Ltd., Printpack, Sealed Air, Silgan Holdings Inc., SIRANE GROUP, Smurfit Kappa, WINPAK LTD., Others
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