Takeout Containers Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027, Segmented By Product Type (Bottles & Jars, Cans, Cups & Tubs, Boxes, Others), By Packaging Type (Rigid, Plates, Trays, Bowls, Others (Pouches & Sachets, Cutlery, etc.), By Material Type (Plastic, Glass, Metal, Others (Paper & Paperboard, Aluminum Foil, etc.)), By End Users (Restaurants & Cafes, R

Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Consumer Goods and Retail | Format: Report available in PDF / Excel Format

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Takeout Containers Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027, Segmented By Product Type (Bottles & Jars, Cans, Cups & Tubs, Boxes, Others), By Packaging Type (Rigid, Plates, Trays, Bowls, Others (Pouches & Sachets, Cutlery, etc.), By Material Type (Plastic, Glass, Metal, Others (Paper & Paperboard, Aluminum Foil, etc.)), By End Users (Restaurants & Cafes, R

The global takeout containers market is expected to grow with an impressive CAGR during the forecast period by preserving and preventing food from going bad. Factors such as type of food, the length of storage, the amount of storage space, and the type of storage (room temperature, refrigerator, or frozen) must be taken into consideration before selecting the type of container to use. Glass containers, plastic containers, and plastic bags are all good alternatives.

The market is anticipated to be impacted by rising consumer awareness of sustainability and environmental issues. Additionally, food manufacturers are strongly drawn to offer their products in various innovative food packaging due to the manufacturers' growing emphasis on innovation and aesthetics of the food containers. The market for takeout containers is expanding quickly due to increased packaging technology innovation. The consumption of packaged foods is growing rapidly in developed and developing nations, including the United States, China, India, Germany, and the United Kingdom. According to India Hospitality Industry, there are more than 70 lakhs restaurants in India in the organized sector. This trend, combined with consumers' growing preference for convenience foods, is driving up demand for takeout containers. The market for takeout containers is also expanding with new technologies like instant or heat-and-eat meals.

Manufacturers are developing new and innovative food

Packaging Systems Fuels Market Growth

The growth of the container market is anticipated to be fueled by the development of systems like smart packaging, vacuum packaging, active packaging, edible coating, and others that extend food's shelf life and give consumers better, higher-quality food. A class of packaging material can inform the customer about the state of the packaged food items or the food environment inside the package by detecting, sensing, tracing, etc. This type of packaging system is known as intelligent packaging. Radiofrequency identification (RFID) systems, sensors, and indicators make up the broad classification of this system. Active packaging is a type of packaging system where the component that helps maintain food safety, quality, and shelf life is either added in the headspace or included within the packaging material.

Rising Demand for Convenient Food Packaging Solutions Propels Market Growth

The food service sector is unstable due to shifting consumer preferences. Because it can be served as a quick meal and cooking time is reduced, demand for convenient and packaged food has been rising steadily. The need for simple packaging to store, transport, and allow for immediate consumption is growing due to the rise in the consumption of packaged and convenience foods. Containers for fast food can aid immediate consumption and serve as secure packaging. Boxes, clamshells, cans, and other products could easily be carried. Additionally, using food containers can extend the freshness and nutritional value of the products.

High Cost and Lack of High Skilled Workers Restricts Market Growth

The materials used to make the takeout containers include natural resources and synthetic polymers like polypropylene and polyethylene. The price of the raw materials needed to make these containers changes frequently. Governments and associations have also established regulations on resource conservation, driving up the cost of these raw materials. The takeout container market's technological advancement is being hampered by the lack of raw materials supporting technological advancement. The businesses rely on conventional packaging techniques, which negatively affect the environment and the economy. The manufacturing of packaging containers requires highly skilled workers, which raises the cost of production. As a result, the takeout containers are more expensive, which will present a challenge to the takeout containers market.

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Market Segmentation

Company Profile

Genpak, LLC, Amcor Plc, Silgan Holdings Inc., Ardagh Group S.A., Berry Global Inc., PLASTIPAK HOLDINGS, INC., Anchor Packaging LLC, Graham Packaging Company, L.P., Ball Corporation and WestRock Company are

Attribute	Details
Base Year	2021
Historical Years	2017 – 2020
Estimated Year	2022
Forecast Period	2023 – 2027
Quantitative Units	Revenue in USD Billion and CAGR for 2017-2021 and 2022-2027
Report Coverage	Revenue forecast, company share, competitive landscape, growth factors, and trends
Segments Covered	· Product Type· Packaging Type· Material Type· End Users· Region
Regional Scope	North America, Europe, Asia-Pacific, Middle East & Africa, and South America
Country Scope	United States, Canada, Mexico, France, Germany, United Kingdom, Italy, Spain, China, India, Japan, South Korea, Australia, South Africa, Saudi Arabia, UAE, Turkey, Brazil, Argentina, Colombia
Key Companies Profiled	Genpak, LLC, Amcor Plc, Silgan Holdings Inc., Ardagh Group S.A., Berry Global Inc., PLASTIPAK HOLDINGS, INC., Anchor Packaging LLC, Graham Packaging Company, L.P., Ball Corporation and WestRock Company, etc.
Customization Scope	10% free report customization with purchase. Addition or alteration to country, regional & segment scope.
Pricing and Purchase Options	Avail of customized purchase options to meet your exact research needs. Explore purchase options
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request)

Report Scope

In this report, the global takeout containers market has been segmented into the following categories, in addition to the industry trends which have also been detailed below

Takeout Containers Market, By Product Type

Bottles & Jars
Cans
Cups & Tubs
Boxes
Others

Takeout Containers Market, By Packaging Type

Rigid
Plates
Trays
Bowls
Others

Takeout Containers Market, By Material Type

Plastic
Glass
Metal
Others

Takeout Containers Market, By End Users

Restaurants & Cafes
Retail Food Chains
Hotels
Delivery Catering
Cinemas
Canteens
Others