Cold Chain Packaging Market Size

Cold Chain Packaging Market size was over USD 8.02 billion in 2024 and is anticipated to exceed USD 18.79 billion by the end of 2037, growing at over 6.9% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of cold chain packaging is evaluated at USD 8.46 billion.

The growth of the market can primarily be ascribed to the growing consumption of meat across the globe. For instance, in 2021, about 300 million metric tons of meat were consumed worldwide.

Global cold chain packaging market trends such as, rising consumption of seafood and remarkable surge in disposable income are projected to influence the growth of the market positively over the forecast period. For instance, in 2021, the sales of fresh shrimp were estimated to rise by approximately 10% in the USA. Additionally, the spiking utilization of cold chain packaging in bakeries and growing population across the globe are further expected to flourish the growth of the market during the forecast period. It was observed that around USD 25 billion are generated by the baking industry every year.