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The total revenue for the food container industry in 2022 was estimated at $297.39 billion. With a CAGR of 5.11% between 2023 and 2030, the food container market is expected to expand from its current valuation of USD 311.49 billion to reach USD 410.59 billion.
Storage, delivery, and preservation of food require certain containers. Different materials, sizes, forms, and types are available to meet a wide range of requirements. Plastic, glass, metal, paper, and different composite materials are all viable options for food storage containers. They come with a wide range of options, including insulation, handles, and lids, and can be used for both hot and cold foods. Commercial and household kitchens alike benefit from the convenience and versatility of food storage containers. Food items such as fresh produce, meat, chicken, fish, and ready-to-eat meals are packaged and stored in these containers. Aside from being utilized in the kitchen, food containers can be taken from the restaurant to the customer's home. Food containers can also be used to store leftovers or pre-prepared meals, making it easier to plan meals and decreasing food waste.
Since the spread of the Covid-19 coronavirus, there has been a shift in both consumer and business attitudes on the health and safety of packaged goods. Since the beginning of the outbreak, single-use containers have gained popularity due to consumers' worries that reusing packaging could increase the risk of transmission. There has been a growth in the use of cardboard and plastic, both of which can facilitate the spread of the virus, since single-use packaging for fresh produce have become increasingly popular. The extensive dissemination of COVID-19 has led to a surge in demand. Key food staples like milk, baby food, and vegetables saw a spike in demand as a result of the lockout as consumers resorted to internet retail and panic stockpiling. Therefore, there was a dramatic increase in the need for suitable containers.
Major market companies are investing heavily in research and development to broaden their product offerings, which will fuel the industry's expansion. Key market developments, such as the introduction of new products, contractual agreements, mergers and acquisitions, increased investments, and partnerships between different organizations, are all examples of strategic actions taken by market participants to expand their global footprint. In order to grow and succeed in the Food Container industry, competitors must provide reasonably priced products. One of the primary business strategies manufacturers in the global Food Container industry utilize to benefit clients and expand the market sector is manufacturing locally in order to decrease operational costs. Companies like Bemis Company Inc, Berry Plastics Corporation, Seal Packaging, Graham Packaging Company, Graphic Packaging International, and others are investing heavily in R&D to boost market demand.
Many people now place a high value on these containers because of how easy they are to transport, store, and consume. Therefore, businesses have a responsibility to adapt to customers' ever-shifting preferences. Industry development is expected to be buoyed over the forecast period by a confluence of factors, including people's adapting lifestyles and their more demanding work schedules. Demand in the worldwide food container market is anticipated to be driven in the future years by the increasing use of processed and packaged foods.
The market for plastic food containers is predicted to grow at a rapid rate because of the many advantages it has over more traditional materials like glass, metal, and paper board. The many advantages that bags and pouches offer have made them common packaging options.Attributes such as attractiveness, protection of freshness, ease, product differentiation, portability, and branding potential are included.
There was a rise in the average order size due to the popularity of convenience foods like biscuits and instant ramen. Snacks and munchies replaced staples as the notion of a basic necessity when more individuals began working from home. During the holidays, this pattern is likely to persist. The production, processing, distribution, and promotion of food items are all seeing rapid expansion in low- and middle-income countries. Additionally, factors like disposable income, personal preferences, globalization, etc., are influencing shifts in dietary habits and preferences. This has helped increase the popularity of packaged foods in developing countries.
Report Coverage
Global Food Container research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Food Container report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Food Container competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Food Container market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Food Container market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Food Container market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Constar International Incorporated, Ball Corporation, Bemis, Sonoco Products Company, Printpack Incorporated, Caraustar Industries Incorporated, Berry Plastics, Ring Companies, PWP Industries, Ardagh, Anchor Glass Container Corporation, Alcan Packaging Food Americas, Plastipak Holdings Incorporated, Silgan, Evergreen Packaging, Rio Tinto Group, Graham Packaging, Seal Packaging, Amcor plc, Berry Global Inc., Crown Holdings, Inc., Graphic Packaging International LLC.
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Food Container market based on the below-mentioned segments:
Global Food Container Market, By Type
Rigid
Flexible
Global Food Container market, By Application
Fruits & Vegetables
Dairy
Meat Products
Frozen Food
Baked
Confectionary Products
Global Food Container Market, By Material
Plastic
Paper & Paperboard
Metal
Glass
Global Food Container market, Regional Analysis
Storage, delivery, and preservation of food require certain containers. Different materials, sizes, forms, and types are available to meet a wide range of requirements. Plastic, glass, metal, paper, and different composite materials are all viable options for food storage containers. They come with a wide range of options, including insulation, handles, and lids, and can be used for both hot and cold foods. Commercial and household kitchens alike benefit from the convenience and versatility of food storage containers. Food items such as fresh produce, meat, chicken, fish, and ready-to-eat meals are packaged and stored in these containers. Aside from being utilized in the kitchen, food containers can be taken from the restaurant to the customer's home. Food containers can also be used to store leftovers or pre-prepared meals, making it easier to plan meals and decreasing food waste.
Since the spread of the Covid-19 coronavirus, there has been a shift in both consumer and business attitudes on the health and safety of packaged goods. Since the beginning of the outbreak, single-use containers have gained popularity due to consumers' worries that reusing packaging could increase the risk of transmission. There has been a growth in the use of cardboard and plastic, both of which can facilitate the spread of the virus, since single-use packaging for fresh produce have become increasingly popular. The extensive dissemination of COVID-19 has led to a surge in demand. Key food staples like milk, baby food, and vegetables saw a spike in demand as a result of the lockout as consumers resorted to internet retail and panic stockpiling. Therefore, there was a dramatic increase in the need for suitable containers.
Major market companies are investing heavily in research and development to broaden their product offerings, which will fuel the industry's expansion. Key market developments, such as the introduction of new products, contractual agreements, mergers and acquisitions, increased investments, and partnerships between different organizations, are all examples of strategic actions taken by market participants to expand their global footprint. In order to grow and succeed in the Food Container industry, competitors must provide reasonably priced products. One of the primary business strategies manufacturers in the global Food Container industry utilize to benefit clients and expand the market sector is manufacturing locally in order to decrease operational costs. Companies like Bemis Company Inc, Berry Plastics Corporation, Seal Packaging, Graham Packaging Company, Graphic Packaging International, and others are investing heavily in R&D to boost market demand.
Many people now place a high value on these containers because of how easy they are to transport, store, and consume. Therefore, businesses have a responsibility to adapt to customers' ever-shifting preferences. Industry development is expected to be buoyed over the forecast period by a confluence of factors, including people's adapting lifestyles and their more demanding work schedules. Demand in the worldwide food container market is anticipated to be driven in the future years by the increasing use of processed and packaged foods.
The market for plastic food containers is predicted to grow at a rapid rate because of the many advantages it has over more traditional materials like glass, metal, and paper board. The many advantages that bags and pouches offer have made them common packaging options.Attributes such as attractiveness, protection of freshness, ease, product differentiation, portability, and branding potential are included.
There was a rise in the average order size due to the popularity of convenience foods like biscuits and instant ramen. Snacks and munchies replaced staples as the notion of a basic necessity when more individuals began working from home. During the holidays, this pattern is likely to persist. The production, processing, distribution, and promotion of food items are all seeing rapid expansion in low- and middle-income countries. Additionally, factors like disposable income, personal preferences, globalization, etc., are influencing shifts in dietary habits and preferences. This has helped increase the popularity of packaged foods in developing countries.
Report Coverage
Global Food Container research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Food Container report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Food Container competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Food Container market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Constar International Incorporated, Ball Corporation, Bemis, Sonoco Products Company, Printpack Incorporated, Caraustar Industries Incorporated, Berry Plastics, Ring Companies, PWP Industries, Ardagh, Anchor Glass Container Corporation, Alcan Packaging Food Americas, Plastipak Holdings Incorporated, Silgan, Evergreen Packaging, Rio Tinto Group, Graham Packaging, Seal Packaging, Amcor plc, Berry Global Inc., Crown Holdings, Inc., Graphic Packaging International LLC. |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Food Container Market from 2021 to 2030.
- Market Forecast for Food Container Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Food Container competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Food Container
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Food Container market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Food Container market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Constar International Incorporated, Ball Corporation, Bemis, Sonoco Products Company, Printpack Incorporated, Caraustar Industries Incorporated, Berry Plastics, Ring Companies, PWP Industries, Ardagh, Anchor Glass Container Corporation, Alcan Packaging Food Americas, Plastipak Holdings Incorporated, Silgan, Evergreen Packaging, Rio Tinto Group, Graham Packaging, Seal Packaging, Amcor plc, Berry Global Inc., Crown Holdings, Inc., Graphic Packaging International LLC.
Primary Target Market
- Market Players of Food Container
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Food Container market based on the below-mentioned segments:
Global Food Container Market, By Type
Rigid
Flexible
Global Food Container market, By Application
Fruits & Vegetables
Dairy
Meat Products
Frozen Food
Baked
Confectionary Products
Global Food Container Market, By Material
Plastic
Paper & Paperboard
Metal
Glass
Global Food Container market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
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