Frozen Food Packaging Companies, Stats and Analysis 2025-2035

Date : 12 November 2025

Frozen Food Packaging Market Size and Companies Financial Performance Evaluation

The frozen food packaging market size was calculated at USD 47.94 billion in 2024 and is projected to reach around USD 79.59 billion by 2034. The market is expanding at a CAGR of 5.2% between 2024 and 2034.

Frozen Food Packaging Companies

  • AVPack Plastic Manufacturers (South Africa)
  • Suzhou Yuxinhong Plastic Packaging Co., Ltd. (China)
  • Natural Value Inc. (U.S.)
  • Coveris (U.K.)
  • Shenzhen Chengxing Packing and Material Co., Ltd. (China)
  • Four Star Plastics (U.S.)
  • American Manufacture Company (U.S.)
  • The Clorox Company (U.S.)
  • Polyvinyl Films, Inc. (U.S.)
  • ECPlaza Network Inc. (China)
  • Shenzhen Bull New Material Technology Co., Ltd. (China)
  • Shenzhen Xinteng Packaging Co., Limited (China)
  • Reynolds Consumer Products (U.S.)
  • Xinjiang Rival Tech Co., Ltd. (China)
  • Berry Global Inc. (U.S.)
  • Amcor plc (Switzerland)
  • Sealed Air (U.S.)
  • Mondi (U.K.)
  • Sonoco Products Company (U.S.)

Financial Performance Report for Sealed Air Corporation

Metric Q4 23 Q1 24 Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 Q3 25 TTM
Total revenue 1.38 B 1.33 B 1.35 B 1.35 B 1.37 B 1.27 B 1.33 B 1.35 B 5.33 B
YoY growth −2.02% −1.42% −2.59% −2.66% −0.34% −4.29% −0.75% 0.46%  
Cost of goods sold −990.60 M −943.40 M −946.40 M −958.50 M −982.10 M −899.60 M −940.50 M −965.20 M −3.79 B
Gross profit 386.90 M 386.20 M 398.70 M 386.60 M 390.70 M 372.90 M 394.50 M 386.10 M 1.54 B
YoY growth −5.96% −4.41% −0.77% −2.60% 0.98% −3.44% −1.05% −0.13%  
Operating expenses (excl. COGS) −177.00 M −180.10 M −182.60 M −233.20 M −171.70 M −173.70 M −163.90 M −164.50 M −673.80 M
Operating income 209.90 M 206.10 M 216.10 M 153.40 M 219.00 M 199.20 M 230.60 M 221.60 M 870.40 M
YoY growth −12.03% 12.99% −2.35% −38.59% 4.34% −3.35% 6.71% 44.46%  
Non-operating income (total) −94.00 M −87.00 M −80.60 M −34.00 M −134.60 M −72.10 M −99.30 M −105.90 M −411.90 M
Pretax income 115.90 M 119.10 M 135.50 M 119.40 M 84.40 M 127.10 M 131.30 M 115.70 M 458.50 M
YoY growth −35.32% 23.16% −2.66% 53.27% −27.18% 6.72% −3.10% −3.10%  
Equity in earnings 0 0 0 0 0 0 0 0 —
Taxes 9.00 M −35.70 M −37.70 M −30.70 M −84.80 M −10.20 M −37.10 M 70.00 M −62.10 M
Non-controlling/minority interest 0 0 0 0 0 0 0 0 —
After tax other income/expense 0 0 0 0 0 0 0 0 —
Net income before discontinued operations 124.90 M 83.40 M 97.80 M 88.70 M −400.00 K 116.90 M 94.20 M 185.70 M 396.40 M
Discontinued operations 0 0 0 0 0 0 0 0 —
Net income 124.90 M 83.40 M 97.80 M 88.70 M −400.00 K 116.90 M 94.20 M 185.70 M 396.40 M
YoY growth 31.89% 32.59% 4.15% 53.99% −100.32% 40.17% −3.68% 109.36%  
Dilution adjustment 0 0 0 0 0 0 0 0 —
Preferred dividends 0 0 0 0 0 0 0 0 —
Diluted net income available to common stockholders 124.90 M 83.40 M 97.80 M 88.70 M −400.00 K 116.90 M 94.20 M 185.70 M 396.40 M
Basic earnings per share (basic EPS) 0.86 0.58 0.67 0.61 0 0.8 0.64 1.26 2.7
YoY growth 32.07% 31.87% 3.29% 52.63% −100.31% 38.92% −4.59% 107.36%  
Diluted earnings per share (diluted EPS) 0.86 0.57 0.67 0.61 0 0.8 0.64 1.26 2.69
YoY growth 32.98% 32.04% 3.30% 52.73% −100.31% 38.82% −4.60% 107.10%  
Average basic shares outstanding 144.50 M 144.90 M 145.70 M 145.80 M 145.80 M 146.20 M 147.10 M 147.20 M —
Diluted shares outstanding 144.90 M 145.40 M 146.00 M 146.10 M 146.40 M 146.80 M 147.40 M 147.70 M —
EBITDA 262.40 M 265.80 M 276.60 M 215.70 M 278.50 M 258.50 M 290.00 M 283.10 M 1.11 B
YoY growth −11.47% 11.54% −1.28% −30.35% 6.14% −2.75% 4.84% 31.25%  
EBIT 209.90 M 206.10 M 216.10 M 153.40 M 219.00 M 199.20 M 230.60 M 221.60 M 870.40 M
YoY growth −12.03% 12.99% −2.35% −38.59% 4.34% −3.35% 6.71% 44.46%  
Total operating expenses −1.17 B −1.12 B −1.13 B −1.19 B −1.15 B −1.07 B −1.10 B −1.13 B −4.46 B

Latest Announcements by Industry Leaders

  • In October 2024, Khaled Al-Jalawi, global director of Circular Economy Business at SABIC expressed, “We are excited about the collaboration with Lamb Weston and OPACKGROUP in this closed-loop project. Such a project demonstrates the concept of circularity as it better utilizes the UCO to produce circular polymers that are designed for recyclability via a closed loop approach.”

Recent Developments

  • In February 2024, American Packaging Corp., announced the launch of RETM Design for Recycle flexible packaging technology.
  • In November 2023, McCain Foods, announced the launch of a frozen food brand platform, with redesigned packaging.
  • June 1, 2023, Enhance Meat Preservation with FreshCase® Active Vacuum Packaging Solution, Specifically Designed for Case-Ready Meat in the North American Market.
  • June 2022, Walki Launches Innovative Recyclable Packaging Solutions for Frozen Food Products, Aiming to Achieve 100% Recyclability in the Paper Stream and introducing Walki EVO Seal and Opti Seal, Paper-Based Packaging Solutions Tailored for Pillow Pouches of Frozen Food Items.
  • April 6, 2021, Preserve Optimal Freshness with Amcors Customized Permeability Films, Ideal for Cherries, Berries, Oranges, Grapes, Watermelon, Apples, and Other Fresh Fruits.