PROSPECTS AND OPPORTUNITIES
Processed fruit and vegetables packaging volumes expected to decline despite unit growth for frozen processed fruit and vegetables
Total processed fruit and vegetables packaging retail volumes are projected to decline at a compound annual growth rate (CAGR) of 1% over the forecast period, reaching 46 million units in 2029. This anticipated decline will primarily be attributed to a continued decrease in demand for shelf stable products, which heavily rely on metal food cans, thin wall plastic containers, and glass jars.
Flexible plastic expected to benefit from rising demand for frozen fruit
Demand for frozen fruit is forecast to grow steadily in South Korea throughout the forecast period, making it the only category within processed fruit and vegetables expected to see a rise in packaging volumes. This trend will primarily be driven by the nation's growing demographic of health-conscious consumers, who recognise the nutritional benefits of incorporating fruit into their daily diet.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Overview:
Understand the latest market trends and future growth opportunities for the Processed Fruit and Vegetables Packaging industry in South Korea 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 Processed Fruit and Vegetables Packaging industry in South Korea, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Processed Fruit and Vegetables Packaging in South Korea 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 Processed Fruit and Vegetables Packaging in South Korea?
- Which are the major pack types and how are they performing in South Korea?
- 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 South Korea?
- Where is future growth expected to be most significant?
Processed Fruit and Vegetables Packaging in South Korea
KEY DATA FINDINGS
Growth in frozen processed fruit and vegetables packaging volumes cannot offset the decline for shelf stable packaging
Natural biofilm packaging technology can help extend shelf life and reduce food waste in processed fruit and vegetables
Consumer demand for value and convenience is driving a shift toward bigger sizes in metal food cans
Processed fruit and vegetables packaging volumes expected to decline despite unit growth for frozen processed fruit and vegetables
Flexible plastic expected to benefit from rising demand for frozen fruit
DISCLAIMER
The following categories and subcategories are included:
Processed Fruit and Vegetables Packaging
-
- Frozen Fruit
- Frozen Processed Potatoes
- Frozen Processed Vegetables
-
- Shelf Stable Beans
- Shelf Stable Fruit
- Shelf Stable Tomatoes
- Shelf Stable Vegetables
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 Processed Fruit and Vegetables Packaging research and analysis database.
NEW REPORT GUARANTEE
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!