As per FMI, the U.S. ice cream packaging market is projected to create an incremental opportunity of US$ 45.2 Mn during 2022-2032. Significant growth in the trade of ice cream products in the U.S. will also create high demand for innovative packaging in the next decade
NEWARK, Del, Aug. 30, 2022 (GLOBE NEWSWIRE) -- As per FMI, 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.
Request Sample Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-15504
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.
Ask an Analyst @ https://www.futuremarketinsights.com/askus/rep-gb-15504
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.
Get More Insights on Ice Cream Packaging Market
Future Market Insights, in its new report, offers an unbiased analysis of the global ice cream packaging market, analyzing historical demand from 2015-2021 and forecast statistics for 2022-2032. The study reveals market growth projections on the ice cream packaging market based on the packaging type (cup, tub, stick pack, folding carton, and others (jar, cone, wrappers, etc.)), material (plastic, paper & paperboard, glass, and others (metal, etc.)), and sales channel (online, and offline) across seven regions.
About the Packaging Division at Future Market Insights
The packaging division at Future Market Insights provides an in-depth historical analysis and projections for the next ten years and covers the competitive landscape through a unique dashboard view. Ranging from packaging materials, packaging machinery to packaging designs & formats, Future Market Insights has an exhaustive database for these industry verticals, serving clients with unique research offerings and strategic recommendations. With a repository of 1,000+ reports, the team has analyzed the packaging industry comprehensively in 50+ countries. The team evaluates every node of the value chain and provides end-to-end research and consulting services; reach out to explore how we can help.
Global Ice Cream Packaging Market Outlook By Category
Others (Jar, Cone Wrappers, etc.)
Report Customization available @ https://www.futuremarketinsights.com/customization-available/rep-gb-15504
2.2. Market Definition / Scope / Limitations
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Macro Factors and Forecast Factors
Have a Look at Related Research Reports of Packaging
Beverage Packaging Market Size: The global beverage packaging market is estimated at USD 104.8 Bn in 2022 and is projected to reach USD 128.2 Bn by 2027 FMCG Packaging Market Share: The global FMCG packaging market is expected to reach US$ 418.8 Bn in 2022, with sales growing at a CAGR of 5.7% through 2032 Biodegradable Packaging Market Trends: Leading players in the biodegradable packaging market to capture lucrative deals, as an effort to limit the cost of their biodegradable packaging solutions Flexible Packaging Paper Market Analysis: The flexible packaging paper market is on track to grow at an estimated CAGR of 4% during 2022-2032
Plastic Shrink Wrap Market Type: Plastic Shrink Wrap Market by Material, Application & Region - Forecast 2022 – 2032
Download complimentary copy of Future Market Insights White Paper on Intelligent Packaging for Circular Economy published in collaboration with Graham Packaging and Avery Dennison
ABOUT FUTURE MARKET INSIGHTS, INC.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
Now avail flexible Research Subscriptions, and access Research multi-format through downloadable databooks, infographics, charts, interactive playbook for data visualization and full reports through MarketNgage, the market intelligence engine from Future Market Insights.
Future Market Insights Inc. Christiana Corporate, 200 Continental Drive, Suite 401, Newark, Delaware - 19713, USA T: +1-845-579-5705 For Sales Enquiries: sales@futuremarketinsights.com Browse latest Market Reports: https://www.futuremarketinsights.com/reports
(Reuters) -Bed Bath & Beyond Inc's chief financial officer fell to his death from New York's Tribeca skyscraper known as the "Jenga" tower on Friday afternoon, police said on Sunday, days after the struggling retailer announced it was closing stores and laying off workers. Gustavo Arnal, 52, joined Bed Bath & Beyond in 2020. Police identified the man as Gustavo Arnal.
Oil prices jumped more than $1 a barrel on Monday, extending gains as investors eyed possible moves by OPEC+ producers to tweak production and support prices at a meeting later in the day. Oil prices have fallen in the past three consecutive months, after touching multi-year highs in March, on concerns that interest rate hikes and COVID-19 curbs in parts of China, the world's top crude importer, may slow global economic growth and cool oil demand. At their meeting later on Monday, the Organization of the Petroleum Exporting Countries (OPEC) and its allies, a group known as OPEC+, may decide to keep current output levels or even cut production to bolster prices, despite supplies remaining tight.
The group of oil producers will keep its output steady when it meets Monday, people familiar with the matter said, as Moscow maneuvers to thwart Western attempts to limit its oil revenue following its invasion of Ukraine.
(Bloomberg) -- Oil surged on the possibility that OPEC+ may decide to trim production, and as Europe’s energy crisis worsened after the Group-of-Seven nations endorsed a plan to try to cap the price of Russian crude.Most Read from BloombergAmazon Closes, Abandons Plans for Dozens of US WarehousesNASA’s Artemis Rocket Is a Gigantic Waste of MoneyCyrus Mistry, Heir to One of India’s Oldest Fortunes, Dies at 54Bed Bath & Beyond Says CFO Died in Fall From NYC BuildingGermany to Make ‘Billions’ Off E
Not everyone can afford to live on fixed incomes as prices rise.
Target-date funds may be cramping your retirement. Between July 29 and Aug. 2, lawyers representing current and past participants in six separate retirement plans filed suit against their employers and plan fiduciaries, charging that the BlackRock target-date funds in the … Continue reading → The post Are Target-Date Funds Hampering Your Retirement? Try This Instead appeared first on SmartAsset Blog.
A tight labor market has emboldened workers who want to keep working remotely. But employers are beginning to take a tougher stance.
Berlin’s new package of measures, worth $64.7 billion, represents its latest attempt to shield the country from the fallout of Russia’s economic war on the West and from rising inflation.
When the Covid-19 pandemic arrived in 2020, many individuals took advantage of a federal tax break and withdrew money from their retirement accounts. If they repay the funds—which isn’t required—by next year, they’ll get another tax break, too. The Cares Act made an exception to the government’s policy of discouraging early invasions of retirement accounts by creating Coronavirus-Related Distributions, or CRDs, and imposing no restrictions on how the distributed funds could be used.
Governments in Sweden and Finland announced billions of dollars in guarantees over the weekend to keep power markets functioning.
As a first-gen millennial, hustle is a part of my DNA. I also have ADHD, so of course, I’ve tried waaay too many side hustles to see what I actually like doing.View Entire Post ›
China is a key factor in falling costs for energy and commodities, but domestic factors are still keeping U.S. inflation high.
Samsung announced the breach in a brief statement late Friday, as Americans were about to start the long Labor Day holiday weekend.
Earning extra money on the side can be easy when you know what types of opportunities to look for. If you need a side job to create extra income, read this list of viable side jobs to create your own schedule and breaking out of the 9-to-5 grind.
A shake-up in the labour market gives the upper hand to job applicants
LONDON (Reuters) -European gas buyers already grappling with record-high prices face further pain when the markets open on Monday after Russia said one of its main supply pipelines to Europe would remain shut indefinitely, sparking fears over energy rationing. Lower gas flows from Russia ahead of and following its February invasion of Ukraine have already pushed up European prices by nearly 400% over the past year, sending electricity costs soaring. Europe has accused Russia of weaponising energy supplies in what Moscow has called an "economic war" with the West over the fallout from the Ukraine conflict, while Moscow blames Western sanctions and technical issues for supply disruptions.
HSBC Holdings PLC (HSBC) is a multinational investment bank and financial services institution. It is headquartered in the U.K. Its U.S.-based subsidiary, HSBC Bank USA, has its operational headquarters in New York City.
Your retirement benefit amount depends on how much you've earned over your lifetime at jobs for which you paid Social Security taxes -- and the age at which you claim. You can claim Social Security...
Small business owner Nesha Pai says it took her a year to find a solid bookkeeper for her accounting business based in Charlotte, North Carolina.
Halting production of some truck models is the latest sign of the scandal worsening for Hino since it first announced the data falsification affecting some of its bigger trucks in March. Hino said last month it would suspend shipments of small trucks after a transport ministry investigation revealed that some 76,000 of its small trucks sold since 2019 had not been subject to the required number of engine tests. Toyota and others involved in a commercial vehicle partnership have since expelled Hino from the group over falsification of engine data by the truckmaker.