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Seafood Packaging Market Share

Report ID: GMI12249
Published Date: Nov 2024
Report Format: PDF

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Seafood Packaging Market Share

The seafood packaging industry is highly competitive, with companies striving to differentiate themselves through several key factors. Product innovation is at the forefront, with players focusing on advanced packaging technologies like modified atmosphere packaging (MAP), vacuum skin packaging (VSP), and active packaging that extend shelf life and preserve seafood freshness. Price competitiveness is also crucial, as companies aim to offer cost-effective solutions while maintaining high-quality standards.

Distribution capabilities play a significant role, with firms working to optimize supply chains and ensure timely delivery, especially as the demand for fresh and frozen seafood grows. Additionally, regulatory compliance is a key factor, as companies must meet food safety standards and ensure traceability. As the market grows, players are increasingly focusing on user-friendly packaging designs and convenience to capture the attention of retail and e-commerce consumers.

Seafood Packaging Market Companies

Major players operating in the seafood packaging industry are:

Amcor
Berry Global
Disruptive Packaging
DS Smith
Genpack
KM Packaging
Nelipak Food Packaging
O F Packaging
Orora Packaging Australia
Printpack
ProAmpac
Sealed Air
Smurfit Kappa
Sonoco Products
StarBox
Stora Enso
Tri-pack Packaging Systems
ULMA Packaging
WestRock

Authors: Suraj Gujar, Kanhaiya Kathoke

Frequently Asked Questions (FAQ) :

The global market size for seafood packaging was valued at USD 16.3 billion in 2023 and is expected to reach USD 26.9 billion by 2032, driven by a CAGR of 5.8% from 2024 to 2032.

Plastic packaging held a market share of over 55% in 2023, driven by its versatility, durability, and cost-effectiveness.

The North America market held a share of over 20% in 2023, driven by strong consumer preference for convenience and high-quality, fresh seafood products.

Major players in the industry include Amcor, Berry Global, Disruptive Packaging, DS Smith, Genpack, KM Packaging, Nelipak Food Packaging, O F Packaging, Orora Packaging Australia, Printpack, ProAmpac, and Sealed Air.