Household Food Storage Containers Market Size By Material (Paperboard, Plastic, Glass), By Product (Bottles & Jars, Cans, Boxes, Cups & Tubes), By Distribution Channel (Offline, Online), By Geographic Scope And Forecast

Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format

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Household Food Storage Containers Market Size And Forecast

Household Food Storage Containers Market size was valued at USD 25.37 Billion in 2024 and is projected to reach USD 36.08 Billion by 2031, growing at a CAGR of 4.50% from 2024 to 2031.

  • Household food storage containers are specifically designed for storing food items within a household. These containers come in a variety of shapes, sizes, and materials, including plastic, glass, and stainless steel, and they frequently include tight-sealing lids to ensure freshness and avoid spillage.
  • Their major goal is to preserve leftover food, bulk food purchases, and meal-prepped materials, decreasing food waste and increasing the shelf life of perishable foods.
  • Household food storage containers are essential for organizing kitchen spaces, enabling meal planning, and encouraging healthy eating habits. They also help to reduce costs by allowing people to buy food in bulk and store it efficiently for later consumption.
  • Furthermore, these containers aid in portion management and contribute to the nutritional content of stored foods by minimizing exposure to air and moisture.

 

Household Food Storage Containers Market Dynamics

The key market dynamics that are shaping the household food storage containers market include

Key Market Drivers

  • Increasing Health Awareness Consumers’ growing awareness of health and hygiene is driving up demand for household food storage containers. People are more likely to store food in high-quality containers to avoid contamination and maintain freshness, which is helping to drive market growth.
  • Growth in Home-Cooking and Meal Prepping The growing trend of home cooking and meal preparation, particularly during the COVID-19 epidemic, is resulting in a major increase in the need for food storage solutions. Consumers are looking for simple and efficient ways to keep bulk-cooked meals, which is driving up demand for these containers.
  • Innovation and Product DevelopmentManufacturers are always innovating and manufacturing new goods that have sophisticated characteristics including better sealing techniques, durability, and temperature resistance. These developments make food storage containers more appealing to consumers, which helps to drive market growth.
  • Sustainability and Eco-Friendliness Sustainable and environmentally friendly products are becoming increasingly popular among consumers. The demand for food storage containers made of biodegradable materials or engineered for long-term usage is increasing as customers become more aware of their environmental impact. This upward trajectory is accelerating the development and use of environmentally friendly storage solutions.

Key Challenges

  • High Competition and Price Pressure The household food storage container market is very competitive, with both established brands and new entrants. This creates price pressure, making it difficult for businesses to remain profitable while still investing in innovation and quality improvements.
  • Changing Consumer Preferences Manufacturers face a dilemma as consumer preferences rapidly shift. The demand for creative, ecological, and versatile containers necessitates ongoing research and development. Staying ahead of trends and modifying product lines accordingly requires a lot of resources and is risky, which affects market demand.

Key Trends

  • Minimalist and Space-Saving Designs Food storage containers are experiencing a shift toward minimalist and space-saving designs as urban living areas get smaller. Stackable, collapsible, and dual-purpose containers that make the most of kitchen space while also providing convenience are becoming increasingly popular.
  • Customization and PersonalizationConsumers want products that can be personalized to their unique requirements and preferences. This has resulted in a trend toward personalized food storage solutions, such as modular systems that can be tailored to different food types and storage areas, as well as containers in a variety of colors and patterns to suit individual aesthetic preferences.

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Household Food Storage Containers Market Regional Analysis

Here is a more detailed regional analysis of the household food storage containers market

Asia Pacific

  • According to Market Research, Asia Pacific is estimated to dominate the household food storage containers market during the forecast period. The Asia Pacific region is rapidly urbanizing, with a considerable growth in the middle-class population, resulting in more discretionary income. This generational transition is fueling demand for simple and efficient household items, such as food storage containers.
  • Many Asia Pacific communities place a high value on eating fresh cuisine. This cultural preference drives demand for high-quality food storage systems that can keep food fresh and nutritious, adding to the region’s market supremacy.
  • Countries with high population density, such as China and India, have limited living spaces, necessitating the development of creative storage solutions. Compact, multi-purpose, and space-saving food storage containers are especially popular in this region, helping to drive market expansion.
  • Furthermore, consumers in the Asia Pacific region are becoming more conscious of the importance of health and hygiene, with an emphasis on safe food storage and contamination prevention. The need for food storage containers that provide these benefits is increasing, propelling the market’s expansion in the region.

North America

  • In North America, there is a growing awareness of environmental challenges and the need for eco-friendly food storage solutions. Consumers are looking for containers produced from recycled, biodegradable, or sustainable materials, causing companies to develop in this market.
  • North American consumers are particularly interested in innovative items that incorporate smart technologies for food preservation. The industry is seeing an increase in demand for containers with smart features like freshness tracking and temperature control, which is fueling growth.
  • Furthermore, food storage containers are in high demand in North America because of the growing trend of people cooking at home and making meals ahead of time, which was particularly noticeable during and after the COVID-19 epidemic.

Europe

  • European consumers are health and safety conscious, selecting food storage solutions that are free of dangerous chemicals and maintain food quality. This consciousness fuels the demand for high-quality, safe food storage containers.
  • The demand for more convenience in food preparation and storage has increased as a result of Europe’s move to busier lifestyles. This shift in lifestyle promotes demand for food storage containers that are adaptable, robust, and simple to use, catering to European customers’ fast-paced existence.
  • Furthermore, single-person households have grown significantly in Europe, influencing purchase habits toward smaller, more customized food storage solutions. The need for tiny, single-serving containers is increasing, reflecting this demographic trend and its specific requirements.

Household Food Storage Containers MarketSegmentation Analysis

The Household Food Storage Containers Market is segmented based on Material, Product, Application, And Geography.

Household Food Storage Containers Market, By Material

  • Paperboard
  • Plastic
  • Glass
  • Others

Based on Material, the market is segmented into Paperboard, Plastic, Glass, and Others. The plastic segment is estimated to dominate the household food storage containers market due to a variety of causes, including the fact that plastic containers are lightweight, sturdy, and inexpensive, making them appealing to both customers and manufacturers. They are extremely versatile in terms of shape, size, and color, and their sealing qualities are exceptional, which is critical for food preservation. Furthermore, advances in plastic technology have resulted in the development of more sustainable and safer plastics, which remain popular among environmentally conscious consumers.

Household Food Storage Containers Market, By Product

  • Bottles & Jars
  • Cans
  • Boxes
  • Cups & Tubs
  • Others

When we look at the types of containers, we see the market broken down into Bottles & Jars, Cans, Boxes, Cups & Tubs, and, well, "Others." Now, the buzz is all about Bottles & Jars! Experts predict they'll be the fastest-growing segment in the household food storage container market. Why? Because they're super versatile! You can stash anything from water and juice to sauces and homemade preserves in them. Plus, bottles and jars are winners because they're durable, a breeze to clean, and keep your stuff fresh for ages. And get thisthey come in all sorts of materials – glass, plastic, metal – to satisfy everyone's needs for safety, going green, and being able to reuse them over and over.

Household Food Storage Containers Market, By Application

  • Offline
  • Online

Based on the Application, the household food storage containers market is divided into Offline and Online. The offline segment is estimated to dominate the market over the forecast period due to consumers’ tendency to physically scrutinize things before purchasing, which allows them to directly examine the quality, material, and size of the containers. Offline outlets, such as supermarkets, hypermarkets, and specialized stores, provide the convenience of immediate purchasing without the wait times associated with internet delivery. Furthermore, many consumers value the physical experience of buying in-store as well as the chance to take things home.

Household Food Storage Containers Market, By Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the world

When we look at where the household food storage containers market is growing, it breaks down into North America, Europe, Asia Pacific, and, well, everywhere else! We're expecting Asia Pacific to really take off in the next few years. Why? Think about ithuge population, cities popping up everywhere, and people in places like China and India having more money to spend. Plus, there's a big thing about eating fresh food, and you need good storage to keep it that way, right? On top of all that, Asia Pacific is becoming a real center for making and coming up with new stuff for consumers, thanks to being able to make things really well and keep costs down.

Key Players

The “Household Food Storage Containers Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Rubbermaid, Ziploc, Glad, Sistema, OXO Good Grips, Pyrex, GladWare, Lock & Lock, Lékué, Curver, Bormioli Rocco, WMF, Zepperware, Nesco, Tupperware, Joyoung, Tiger Corporation, Judge, and Stanley.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Household Food Storage Containers Market Recent Developments

  • In January 2023, Rubbermaid, a household product leader, announced the launch of a new range of food storage containers made from recycled materials, marking a significant step toward sustainability. This project demonstrates Rubbermaid’s commitment to lowering its environmental effects and meeting the growing consumer demand for eco-friendly products.
  • In November 2022, Stanley Black & Decker (SWK), the parent company of the well-known Stanley brand of outdoor gear, announced an extension of their food storage products. While no details have been provided, this story suggests Stanley is looking to strengthen its position in the residential food storage container market.

Report Scope

REPORT ATTRIBUTESDETAILS
Study Period

2021-2031

Base Year

2024

Forecast Period

2024-2031

Historical Period

2021-2023

Unit

Value (USD Billion)

Key Companies Profiled

Rubbermaid, Ziploc, Glad, Sistema, OXO Good Grips, Pyrex, GladWare, Lock & Lock, Lékué, Curver, Bormioli Rocco, WMF, Zepperware, Nesco, Tupperware, Joyoung, Tiger Corporation, Judge, and Stanley.

Segments Covered

Material, Product, Application, And Geography.

Customization scope

Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope.

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