The worldwide Ice Cream Packaging Market is on a trajectory of impressive growth, with an anticipated valuation of US$ 853.74 million expected by 2023. This upward trend is set to continue, with a steady compound annual growth rate (CAGR) of 4.0% projected from 2023 to 2033. By the end of the decade, in 2033, the Ice Cream Packaging Market is forecasted to achieve a substantial market worth of US$ 1263.74 million.
Rising ice cream consumption across diverse regions, coupled with the continuous introduction of a myriad of ice cream flavors and varieties, is set to drive the demand for creative and innovative ice cream packaging solutions. The Ice Cream Packaging Market is on the cusp of significant growth, with projections indicating an expansion of 1.5 times the current market value between 2023 and 2033. This growth is fueled by the ever-evolving and dynamic ice cream market, which is constantly evolving to meet the preferences of consumers for new and exciting options.
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Amcor Plc, ITC Packaging, and Sonoco Products Company have taken significant strides in offering eco-friendly packaging solutions, not only to enhance product quality but also to promote sustainability and environmental stewardship.
Amcor Plc stands out as a leader in the field of ice cream packaging, leveraging its expertise in packaging design, research, production, and human resources to support corporate growth. In June 2022, the company celebrated remarkable achievements, boasting organic sales growth of 6% and adjusted earnings before interest and taxes (EBIT) growth of 9%. These impressive results were fueled by strong execution throughout the year, culminating in an 11% increase in adjusted earnings per share (EPS) – surpassing even the high end of the projection range. Amcor’s commitment to excellence and innovation is evident in its continuous pursuit of sustainable packaging solutions.
Meanwhile, ITC Packaging has emerged as a leading provider of ice cream packaging, prioritizing sustainability and innovation in its operations. The company’s dedication to ecological responsibility is reflected in its lightweight packaging designs, logistical efficiency, and recyclability. In February 2022, ITC Packaging reinforced its sustainability efforts by implementing new action plans and achieving certifications such as ISO 14001 and ISCC Plus. These certifications enable the company to offer a wide range of sustainable solutions, including investments in energy-efficient equipment and the adoption of renewable energy sources such as photovoltaic systems.
Sonoco Products Company is committed to redefining packaging beyond mere functionality, aiming to create integrated packaging solutions that enhance global product quality and consumer experiences. In May 2022, the company made significant strides in sustainability by pre-qualifying with EnviroFlex and How2Recycle. This strategic move underscores Sonoco’s commitment to advancing sustainable, flexible packaging options and reducing environmental impact. Recognizing the importance of eco-friendly packaging in preserving the planet for future generations, Sonoco continues to innovate and develop packaging solutions that prioritize sustainability and consumer well-being.
In summary, Amcor Plc, ITC Packaging, and Sonoco Products Company exemplify a shared commitment to eco-friendly packaging solutions, driving positive change in the packaging industry while simultaneously enhancing product quality and the overall quality of life.
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Market Players:
- Berry Global Group
- Amcor Plc
- ITC Packaging
- INDEVCO GROUP
- Huhtamaki Oyj
- Sonoco Products Company
- International Paper Company
- Stora Enso Oyj
- Frapak Packaging b.v.
- Tetra Laval
- Stanpac Inc.
- Insta Polypack
- Sirane Limited.
- Safepack Solutions
- Uniflex
Ice Cream Packaging Market Outlook By Category:
By Packaging Type:
- Cup
- Tub
- Stick Pack
- Folding Carton
- Others (Jar, Cone Wrappers, etc.)
By Material:
- Plastic
- Paper & Paperboard
- Glass
- Others (Metal, etc.)
By Sales Channel:
- Online
- Offline
By Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Middle East & Africa
- Oceania
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