The microwave packaging market is an important sector that enables on-the-go consumption by ensuring quick and easy preparation of packaged food items using microwaves. Microwave packaging materials protect contents while allowing microwaves to pass through and heat food uniformly. Common microwave packaging products include microwaveable food containers, bags, trays and pouches made using materials such as plastic, paper and foil laminates that are safe, non-toxic and high-performing.
The global microwave packaging market is estimated to be valued at USD 16.87 Bn in 2024 and is expected to reach USD 32.33 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 9.7% from 2024 to 2031.
Key players operating in the microwave packaging market are Amcor plc, Sealed Air Corporation, Berry Global, Inc., Sonoco Products Company, Mondi Group plc, Smurfit Kappa Group, Huhtamaki Oyj, Reynolds Group Holdings Limited, WestRock Company, Printpack, Inc., Klabin S.A., LINPAC Packaging Limited, AEP Industries Inc., Pactiv Evergreen Inc., and ProAmpac LLC. These key players are focusing on developing innovative microwaveable food packaging solutions made using materials such as recyclable paper and sustainable plastic laminates to cater to the growing on-the-go consumption trends and changing consumer preferences.
The convenient on-the-go meals is a major factor driving the Microwave Packaging Market Demand. Microwave packaging allows unpackaged food to be quickly heated and eaten without the need for utensils or dishes, making it very convenient for busy modern lifestyles. Furthermore, small households and working professionals are increasingly opting for microwaveable packaged meals instead of traditional cooking, thus propelling the need for microwave packaging.
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