Meatainers Market

Global Meatainers Market Outlook

The global meatainers market is estimated at USD 172 Million in 2022 and is forecast to surpass USD 301 Million by 2032, growing at a CAGR of 5.7% from 2022 to 2032.

Report Attributes	Details
Base Year Value (2021A)	USD 164 Million
Estimated Year Value (2022E)	USD 172 Million
Projected Year Value (2032F)	USD 301 Million
Global Growth Rate (2022-2032)	CAGR 5.7%
North America Market Share in 2021	~21.3%
North America Growth Rate (2022-2032)	CAGR 6.3%
Collective Value Share (US, China, India) 2022: Top 3 Countries	~38.5%
Top 5 Companies Market Share in 2021	~23%
Key Companies Profiled	Industrial Packaging Corporation CoolSeal USA Charta Packaging Autcor Packaging Standard Meat Kruger Packaging Robert Mann Packaging Cano Container Corporation Star Box Inc. Crown Packaging Norampac Inc. Other Players

The global meatainers market accounts for ~2.9% of the global industrial packaging market in 2022. The global meatainers market is estimated to have an absolute $ opportunity of USD 129 Million during the forecast years of 2022-2032. 

In the food business worldwide, the significance of packaging containers for the storage and transportation of fresh meat or processed meat is escalating. Producers of meat all over the world, are making use of meatainers that help to prevent the secondary contamination of meat and meat products on one hand, and also provide necessary durability and strength. This is expected to enhance market demand of meatainers by 1.4X in the coming forecast years of 2022-2032.

2017-2021 Global Meatainers Market Outlook in Comparison to 2022-2032 Growth Forecast

Meatainers are often used in the packaging of chicken, beef and meat. The rising consumption of meat is likely to drive the sales of meatainers in the market. Additionally, manufacturers are often introducing innovative meatainers products, which is projected to make the market grow by nearly ~25% of current demand levels. 

Additionally, meat consumption is higher in the regions of North America, and Europe, therefore, providing a higher market share to both regions. However, the rising meat consumption owing to the rising meat-eating population in Asia-Pacific, is expected to provide lucrative opportunities for the manufacturers to expand production capacities and manufacturing capabilities in the Asia-Pacific region, to take additional advantages. 

Fact.MR projects the meatainers market is expected to witness exhibiting growth at 3.9% CAGR during 2022 and 2032 in comparison to a CAGR of 5.7% with which it grew from 2017 and 2021.

Chicken and Beef Packaging to Provide Higher Profits

The research study by Fact.MR foresees the predominant use of meatainers in the packaging of chicken and raw beef. It is estimated that more than 55% of meatainers sold will be used for the packaging of beef and chicken by the end of 2028. Manufacturers in the meatainers market are working to improve the functionality of meatainers, thereby, limiting their role in beef and chicken contamination by reducing its exposure to particulates of corrugated materials. This is estimated to enhance market demand by 1/4th or ~25% of the current demand levels.

Introducing innovation by Manufacturers

Manufacturers are offering premium quality meatainers with additional advantages. They are using specialty tape integrated banding along with block-bottomed liners in the corrugated boxes manufacturing to keep the freshness of beef and chicken intact. This is likely to enhance market demand by 1.3X over the assessment years.

Moreover, makers are now using high-performance adhesive tapes, which lowers the risks of contamination, thereby increasing the security features of the boxes. Hence, these meatainers are observing a higher growth and usage for pork packaging. This is poised to provide a gain of 256 BPS points to the meatainers market during the forecast years of 2022-2032.

Online Sales to Register Higher CAGR

Meatainers are often sold via offline sales channels. However, the escalating presence of meatainers manufacturers on an online e-commerce platform in the packaging landscape has led to the diversification of the presence of traditional sales avenues for meatainers manufacturers. This is poised to provide a gain of 190 BPS points over the assessment years of 2022-2032.

Additionally, key players in the meatainers market are maintaining the balance between the online and offline sales of meatainers, and their contribution is likely to be instrumental in the coming future in the expansion of the global meatainers market.

Deterrents in the Growth of Global Meatainers Market

The global meatainers market is expected to register a modest growth rate in the coming years. However, there are key deterrents in the growth of meatainers market along with some regulatory developments and manufacturing challenges.

As meatainers are heavy duty in nature, they are used widely to store and transport large volumes of meat, however, the rigidity of meatainers creates numerous challenges in the transportation of meatainers. This is likely to reduce market demand by 0.7X. Raw meat production facilities and meat processing units are becoming consolidated, thereby lowering the usage of meatainers for single-trip transportation or short-term storage.

Moreover, manufacturing companies are facing challenges to install expensive high-performance adhesives by replacing low-cost staples to eliminate the risks of secondary contamination. Additionally, lack of features such as lack of proper handling is proving to be a major shortcoming in the meatainers market thereby, reducing providing a loss of 110 BPS during the forecast years of 2022-2032.

Region-wise Insights

Which region accounts for more enhanced demand for Meatainers Market?

North America meatainers market accounts for the largest sales of meatainers. The region currently accounts for 21.3% of the overall meatainers market share. This is attributed to the large consumption of meat witnessed by North America followed by Europe and East Asia, which contributes approximately 20.9% and 16.7% to the meatainers market share. North America meatainers market is projected to grow at a CAGR of 6.3% during the forecast years.

What is the market scenario in Asia-Pacific?

The Asia-Pacific meatainers market consists of East Asia and South Asia accounts for 16.7% and 14.4% of the meatainers market. Collectively, they hold 31.1% of the overall meatainers market share together.

The Asia-Pacific region presents lucrative opportunities in the meatainers market for the manufacturers. The higher market attractiveness during the forecast years of 2022-2032 is owing to the fact of rising consumption of meat in the region. The meat consumption is projected to register sales of more than 170,000 tons of meatainers in the coming years. Therefore, the meatainers market is projected to grow at a CAGR of 5.7% in the coming years.

Category-wise Insights

Which meat type is expected to be the largest contributor in market share during the forecast period in Meatainers Market?

The beef and chicken under meat-type holds the largest meatainers market share of 26.8% and 24.5% respectively. However, the growing innovation in the product offering and rising demand for innovative products is likely to lead the demand in both these segments in coming years.

Innovative meatainers packaging that prevents the contamination of meat by restricting its exposure to outside things are one of the key features likely to drive market demand. Additionally, the rising online presence of vendors is likely to place more demand on the table for meatainers by the consumers. Therefore, all the above-listed factors are poised to increase market demand by 2.1X during the forecast years of 2022-2032.

Which sales channel holds more market share and is poised to show more growth in Meatainers Market?

The offline sales channel holds 54.3% of the overall meatainers market, according to research, meatainers will be sold through offline sales channel predominantly. However, the rise in e-commerce platforms is likely to drive the sales of meatainers through the online sales channel.

Escalating presence of packaging merchants on online platforms such as that of e-commerce is expected to provide an uplift to the online sales channel segment. Therefore, the online sales channel segment is projected to register a higher CAGR of more than 5.5% during the forecast years of 2022-2032.

Competitive Landscape: Top Companies in Meatainers Market

The global meatainers market is highly fragmented and competitive owing to the existence of many domestic and regional players. Various marketing strategies are adopted by key players such as mergers and acquisitions, expansions, collaborations and partnerships.

Also, new product development as a strategic approach is adopted by the leading companies to upscale their market presence among consumers. These strategies have resulted in the incorporation of advanced meatainers.

Fact.MR has provided detailed information about price points of top manufacturers of meatainers market positioned across regions, sales growth, production capacity, and speculative technological expansion in the recently published report.

For instance:

• ABBE Corrugated and CMC have taken a leap by offering automated packaging in tandem with a 3D packaging solution in 2020, which has exceeded expectations. The company has achieved great success by supporting leading e-commerce players in the adoption of automated packaging technologies, providing tailored packaging solutions from smallest to largest consumers.
• Meatainers launched by DS Smith recently is corrugated cardboard which comes up with block bottomed liners and provides the benefits of sesame tape integrated banding. These meatainers eliminate the risks of contamination from metal staples. Their industrial meat packaging options are used widely throughout the meat industry as they can suit any size of the pallet and is a cost-effective solution. 

Global Meatainers Market Segments

• By Meat Type :

  • Beef
  • Chicken
  • Lamb
  • Pork
  • Others

• By Product Type :

  • Cylindrical Shape
  • Cubical Shape
  • Other Shapes

• By Sales Channel :

  • Online Sales
  • Offline Sales

• By Region :

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Oceania
  • MEA