The packaging unit volumes of thin wall plastic containers used in shelf stable ready meals saw notable growth in 2020, with slower but still positive growth being seen in 2021. This can be attributed to the onset of the pandemic and related stockpiling trends, with people consuming more meals at home and looking for convenient meal options to prepare and eat at home.
Within chilled ready meals, ready meal trays remains the most popular pack type and continued to see growth in 2020 and 2021. With sales of chilled ready meals on the rise, plastic trays has benefited, registering rising sales during both years.
The consumer base for ready meals is heavily weighted towards young urban consumers, notably young professionals with higher than average incomes living in major cities such as Seoul, Busan, Incheon and Daegu. For the millennial generation in particular, eye-catching primary packaging is often a major influence on the decision to purchase a ready meal.
The packaging unit volumes of “other packaging” used in dinner mixes are expected to continue growing in 2021-2026. Dinner mixes have become popular among single-person and two-person households that do not have enough time to cook from scratch.
The decline in packaging sales for these product areas will not only be linked to consumers dining out more frequently once more but also due to the health and wellness trend. Consumers are becoming more sceptical about fully-made ready meals’ ingredients and many are keen to eat more fresh food prepared at home.
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This is the aggregation of canned/preserved, chilled pizza, chilled, dinner mixes, dried, frozen pizza, frozen ready meals and prepared salads. Note: Ready meals are products that have had recipe ''skills'' added to them by the manufacturer, resulting in a high degree of readiness, completion and convenience. Ready meals are generally accepted to be complete meals that require few or no extra ingredients, however, in the case of canned/preserved ready meals, the term also encompasses meal ''centres’; for dinner mixes, the term encompasses part meals. Some ready meals may require cooking; others may simply need reheating, prior to serving.
See All of Our DefinitionsThis report originates from Passport, our Ready Meals Packaging research and analysis database.
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