Report Description
The Egypt frozen food packaging market size was valued at USD 12.89 Million in 2022 and is projected to reach USD 15.82 Million by 2031, expanding at a CAGR of 2.3% during the forecast period 2023-2031. The growth of the market is attributed to large female involvement in the workforce and changes in family dynamics the consumption of frozen food has increased.
Food preservation is aided by frozen food packaging from the moment it is produced until the time it is consumed. Frozen food packaging helps to keep natural colour, flavour, and texture, as well as nutrients, than meals preserved in other ways. Frozen food is becoming popular among consumers due to its convenience, diversity of selections, ease of meal preparation, and other benefits. It retains vitamins and minerals in food without the use of preservatives, satisfying the rising demand for fresh and nutritious components and foods among customers.
The Covid-19 pandemic affected the demand and supply of Egypt frozen food packaging market. Lockdown across the globe, supply chain disorders, and oscillating supply of raw materials forced manufacturers to shut down production leading to unfortunate decline in market growth. Launch of vaccines to combat the Covid-19 pandemic is expected to contribute to the market growth over the forecast period.
Egypt Frozen Food Packaging Market Trends, Drivers, Restraints, and Opportunities
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Increased need for beautiful, creative, and easy-to-carry fresh food packaging to set the product apart from the competition is projected to fuel the market during the forecast period.
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Government’s laws and restrictions regarding packaging are estimated to hamper the market growth.
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Lack of awareness act as major challenge that can restrict the market during the forecast period.
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R&D investment and technological advancement is expected to create lucrative opportunities for the market players.
Scope of Egypt Frozen Food Packaging Market Report
The report on the Egypt frozen food packaging market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes
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Details
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Report Title
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Egypt Frozen Food Packaging Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023–2031
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Segmentation
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Type of Packaging (Pouches & Bags, Plastic Containers, Wraps, Trays, and Folding Cartons), Type of Food (Fruits & Vegetables, Meat & Poultry, Sea Food, Frozen Desserts & Dairy Products, and Bakery Goods & Pastry)
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Geographical Scope
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Egypt
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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TETRA PAK Egypt Ltd; Sochema Group; Amcor Plc (Incl. its subsidiaries); Sealed Air Corp.; and ShadyPack
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Egypt Frozen Food Packaging Market Segment Insights
The bags packaging segment is projected to hold a major market share
Based on type of packaging, the Egypt frozen food packaging market is segregated into pouches & bags, plastic containers, wraps, trays, and folding cartons. The bags segment is expected to represent a key share of the market during the forecast period. Factors such as changing lifestyles, rising disposable income, and increased urbanization in emerging nations, particularly among the growing middle-class population, are driving the market. Plastic bags come in a variety of sizes and forms. It has a number of advantages, including the capacity to withstand extreme temperatures and technological advantages.
A good example of bag packaging is the Ziploc bag. This sort of bag comes in a variety of sizes and can be used to store meat and dairy products.
The frozen dessert & dairy products segment is expected to grow at a rapid pace
On the basis of type of food, the Egypt frozen food packaging market is segregated into fruits & vegetables, meat & poultry, sea food, frozen desserts & dairy products, and bakery goods & pastry. The frozen desserts & dairy products segment is expected to represent a key share of the market during the forecast period. Egyptians adore frozen desserts like ice cream as a guilty pleasure, a sweet craving fulfilment, and a complete dessert experience. International food companies such as Nestle, which promotes ice cream all year with their winter melon product, have altered the idea that frozen desserts are exclusively enjoyed in the summer. In addition, milk is the most popular dairy product in Egypt. In 2018, the country's cow inventory was estimated to be around 6.89 million, adding to the amount of milk produced across the country and indicating the potential for frozen dairy product packaging. Plastic bottles account for more than half of all milk packaging in the country.
Single-serve and elegant PET bottles are used to package some milk and drinkable dairy products, such as yogurts and smoothies. Rising popularity of skimmed milk powder among the country's younger generations is projected to boost the dairy packaging industry during the forecast period. According to the OECD, skimmed milk powder imports were 74.66 thousand metric tons in 2018 and are anticipated to reach 107.77 thousand metric tonnes in 2028.
Segments
The Egypt frozen food packaging market has been segmented on the basis of
Type of Packaging
- Pouches & Bags
- Plastic Containers
- Wraps
- Trays
- Folding Cartons
Type of Food
- Fruits & Vegetables
- Meat & Poultry
- Sea Food
- Frozen Desserts & Dairy Products
- Bakery Goods & Pastry
Key Players
- TETRA PAK Egypt Ltd
- Sochema Group
- Amcor Plc (Incl. its subsidiaries)
- Sealed Air Corp.
- ShadyPack
Competitive Landscape
Key players competing in the Egypt frozen food packaging market include TETRA PAK Egypt Ltd, Sochema Group, Amcor Plc (Incl. its subsidiaries), Sealed Air Corp., and ShadyPack.
Some of these players are using several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares.
For instance, in June 2020 - TETRA PAK Egypt Ltd introduced a revolutionary, first-of-its-kind low-energy beverage processing line for juice, nectar, and still drinks (JNSD) to revolutionize beverage manufacturing. It treats liquids in two distinct streams, which are aseptically mixed into the finished beverage, using a mixture of pasteurization, filtration, and UV light technology.
Table Of Content
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Frozen Food Packaging Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Frozen Food Packaging Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Frozen Food Packaging Market - Supply Chain
4.5. Global Frozen Food Packaging Market Forecast
4.5.1. Frozen Food Packaging Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Frozen Food Packaging Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Frozen Food Packaging Market Absolute $ Opportunity
5. Global Frozen Food Packaging Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Frozen Food Packaging Market Size and Volume Forecast by Types
5.3.1. Pouches & Bags
5.3.2.
Plastic Containers
5.3.3.
Wraps
5.3.4.
Trays
5.3.5.
Folding Cartons
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Frozen Food Packaging Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Frozen Food Packaging Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Frozen Food Packaging Demand Share Forecast, 2019-2026
7. North America Frozen Food Packaging Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Frozen Food Packaging Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Frozen Food Packaging Market Size and Volume Forecast by Types
7.4.1. Pouches & Bags
7.4.2.
Plastic Containers
7.4.3.
Wraps
7.4.4.
Trays
7.4.5.
Folding Cartons
7.5. Basis Point Share (BPS) Analysis by Types
7.6. Y-o-Y Growth Projections by Types
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Frozen Food Packaging Demand Share Forecast, 2019-2026
8. Latin America Frozen Food Packaging Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Frozen Food Packaging Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Frozen Food Packaging Market Size and Volume Forecast by Types
8.4.1. Pouches & Bags
8.4.2.
Plastic Containers
8.4.3.
Wraps
8.4.4.
Trays
8.4.5.
Folding Cartons
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Frozen Food Packaging Demand Share Forecast, 2019-2026
9. Europe Frozen Food Packaging Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Frozen Food Packaging Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Frozen Food Packaging Market Size and Volume Forecast by Types
9.4.1. Pouches & Bags
9.4.2.
Plastic Containers
9.4.3.
Wraps
9.4.4.
Trays
9.4.5.
Folding Cartons
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Frozen Food Packaging Demand Share Forecast, 2019-2026
10. Asia Pacific Frozen Food Packaging Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Frozen Food Packaging Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Frozen Food Packaging Market Size and Volume Forecast by Types
10.4.1. Pouches & Bags
10.4.2.
Plastic Containers
10.4.3.
Wraps
10.4.4.
Trays
10.4.5.
Folding Cartons
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Frozen Food Packaging Demand Share Forecast, 2019-2026
11. Middle East & Africa Frozen Food Packaging Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Frozen Food Packaging Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Frozen Food Packaging Market Size and Volume Forecast by Types
11.4.1. Pouches & Bags
11.4.2.
Plastic Containers
11.4.3.
Wraps
11.4.4.
Trays
11.4.5.
Folding Cartons
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Frozen Food Packaging Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Frozen Food Packaging Market: Market Share Analysis
12.2. Frozen Food Packaging Distributors and Customers
12.3. Frozen Food Packaging Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. TETRA PAK Egypt Ltd
12.4.2.
Sochema Group
12.4.3.
Amcor Plc (Incl. its subsidiaries)
12.4.4.
Sealed Air Corp.
12.4.5.
ShadyPack