PROSPECTS AND OPPORTUNITIES
Chilled ready meals to drive growth in packaging volumes, offsetting expected packaging decline in soup
Total meals and soups packaging retail volumes in Hong Kong are expected to experience a minimal positive compound annual growth rate over the forecast period, reaching 70 million units in 2029. The overall performance is anticipated to remain relatively stable, as opposing trends across different categories balance each other out.
Larger pack sizes on the rise in frozen ready meals as families seek convenience
Larger pack sizes in frozen ready meals, notably 900g and 1,000g formats packaged in flexible plastic, are expected to experience significant growth throughout the forecast period. This trend is anticipated to be driven by changing consumer behaviours, as an increasing number of households choose to buy in bulk to lower the cost per serving and reduce how often they shop.
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Overview:
Understand the latest market trends and future growth opportunities for the Meals and Soups Packaging industry in Hong Kong, China with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Meals and Soups Packaging industry in Hong Kong, China, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Meals and Soups Packaging in Hong Kong, China report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Meals and Soups Packaging in Hong Kong, China?
- Which are the major pack types and how are they performing in Hong Kong, China?
- Have there been any packaging legislative changes in the past 12 months?
- How are consumption trends impacting the packaging landscape?
- What are the key trends and latest product developments in packaging?
- How important are sustainability and recycling to consumers in Hong Kong, China?
- Where is future growth expected to be most significant?
Meals and Soups Packaging in Hong Kong, China
KEY DATA FINDINGS
Packaging volumes contract as shelf stable soup and ready meals, and dried ready meals decline, while frozen ready meals drives resilience
Packaging innovation accelerates in ready meals, but soup packaging remains fairly conventional
Smart aseptic ready meal trays redefine meals and soups packaging in Hong Kong
Chilled ready meals to drive growth in packaging volumes, offsetting expected packaging decline in soup
Larger pack sizes on the rise in frozen ready meals as families seek convenience
DISCLAIMER
The following categories and subcategories are included:
Meals and Soups Packaging
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- Dried Ready Meals
- Shelf Stable Ready Meals
- Chilled Ready Meals
- Frozen Ready Meals
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- Chilled Pizza
- Frozen Pizza
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- Meal Kits
- Quick Recipe Kits
- Chilled Lunch Kits
- Prepared Salads
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- Dry Soup
- Shelf Stable Soup
- Chilled Soup
- Frozen Soup
Why buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Meals and Soups Packaging research and analysis database.
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