PROSPECTS AND OPPORTUNITIES
Total meals and soups packaging volumes projected to grow from the middle of the forecast period
Total meals and soups packaging retail volumes in Malaysia are projected to grow at a compound annual growth rate (CAGR) of 1% over the forecast period, reaching 74 million units in 2029. Although a decline is anticipated during the initial two years of the forecast period, the category is expected to rebound and return to growth in the latter part of the forecast period.
Ready meal trays and 320g packs expected to gain traction amid shifting demand dynamics
Over the forecast period, meals and soups packaging in Malaysia is anticipated to encounter shifting supply and demand dynamics, coupled with evolving consumer preferences and intensifying competitive pressures. The demand for ready meal trays is expected to rise, driven by their convenience, portion control, and compatibility with modern cooking appliances, which aligns with the increasingly busy lifestyles of consumers and their growing preference for premium, easy-to-prepare meals.
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Overview:
Understand the latest market trends and future growth opportunities for the Meals and Soups Packaging industry in Malaysia 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 Malaysia, 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 Malaysia 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 Malaysia?
- Which are the major pack types and how are they performing in Malaysia?
- 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 Malaysia?
- Where is future growth expected to be most significant?
Meals and Soups Packaging in Malaysia
KEY DATA FINDINGS
Meals and soups packaging declines in 2024 as prices rise and dining out returns, although some pack types see growth
Budget-conscious at-home eating drives slower decline in packaging volumes of soup than ready meals and soups
Ready2cook polypropylene trays with handles gain traction in ready meals
Total meals and soups packaging volumes projected to grow from the middle of the forecast period
Ready meal trays and 320g packs expected to gain traction amid shifting demand dynamics
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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