Global Food Storage Container Market Size By Product (Flexible Packaging, Paperboard, Rigid Packaging, Metal), By Application (Grain Mill Products, Dairy Goods, Fruits & Vegetables, Bakery Products), 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
Food Storage Container Market size is growing at a faster pace with substantial growth rates over the last few years, and is estimated that the market will grow significantly in the forecasted period i.e. 2021 to 2028.
The increase in demand for storage food containers to maintain the freshness and quality of the food products is the primary factor for the growth of this market. The Global Food Storage Container Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Food Storage Container Market Definition
So, food storage containers are basically what you use to keep your grub safe and sound, whether it's chilling in the fridge or hanging out on the counter. They're all about keeping your food fresh and yummy until you're ready to dig in. Think of them as little fortresses that guard against spills and keep air (the enemy of freshness!) away. Plus, they're super handy for storing stuff and grabbing it when you need it. Really, they're all about keeping your food clean and protected until you're done with it. And because they're tough, keep your food fresher longer, and maintain the quality, that's why the market for these things is booming!
Global Food Storage Container Market Overview
The increase in demand for the superior quality of food products with respect to their freshness and flavor is the major factor responsible for the growth of the Global Food Storage Container Market. In addition to this, the changes in lifestyle demanding for more convenience foods that are easy to prepare and store are also boosting the growth of this market. Furthermore, the advantages provided by these containers such as increased shelf life, less moisturization, easy to use and store are also increasing the demand for the food containers and driving the overall growth of this market.
The market is booming for sustainable packaging goods made from bioplastics, and it's easy to see why. With rising greenhouse gas emissions, there's huge demand. Plus, tons of investment is going into research and development to create amazing materials and designs. Not to mention, more people are eating out, so restaurants and hotels need more of this stuff! But, there's a catchtough government rules about some of the plastics used could slow things down. Basically, strict regulations on certain container-making materials might put a damper on growth.
Global Food Storage Container MarketSegmentation Analysis
The Global Food Storage Container Market is Segmented on the basis of Product, Application, and Geography.
Food Storage Container Market, By Product
Flexible Packaging
Paperboard
Rigid Packaging
Metal
Meat Processed Product
Glass
Based on Product, The market is bifurcated into Flexible Packaging, Paperboard, Rigid Packaging, Metal, Meat Processed Product, and Glass. Flexible packaging holds the largest market share because of the ease of use and storage.
Food Storage Container Market, By Application
Grain Mill Products
Dairy Goods
Fruits & Vegetables
Bakery Product
Meat Processed Products
Others
Based on Application, The market is bifurcated into Grain Mill Products, Dairy Goods, Fruits & Vegetables, Bakery Products, Meat Processed Products, and Others. The grain mill products is likely to have the largest market share.
Food Storage Container Market, By Geography
North America
Europe
Asia Pacific
Rest of the world
On the basis of Regional Analysis, The Global Food Storage Container Market is classified into North America, Europe, Asia Pacific, and Rest of the world. North America is expected to hold the largest market share in the forecast period.
Key Players
The “Global Food Storage Container Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Amcor and Bemis company Inc, Tupperware Brands Corporation, Newell Brands, LOCK & LOCK Co Ltd, Hamilton Housewares Pvt Ltd, Ball Corporation, Constar International Constar International Inc, Anchor Glass Container Corporation, Associated Packaging Inc, and Berry Global Inc. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Key Developments
Partnerships, Collaborations, and Agreements
The Weekly Greensheet Chart Toppers award was given to NuWave, LLC. in 2018 for ranking first on the Jordan Whitney Top 100 Weekly Informational Chart. The award contributes to the company’s goodwill and revenue growth in the near future.
The Australian Packaging Covenant Organization (APCO) award was granted to Detmold Group in November 2019 in Melbourne, which helped to increase Detmold Group’s sales by several times.
Product Launches and Product Expansions
By the end of November 2015, Ardagh Group had invested a considerable number of money in Scotland at the Ayrshire site for the production of glass bottles in order to increase the food container segment in the global market.
The Molded Fibre Glass Tray Company released ULTRA-LITE Totes and Containers in February 2020, which are specifically created with a combination of legendary strength and lightweight that will target a new consumer base and generate more money.
Tetra Pak launched a linked packaging platform in April 2019 that will include cartoons and interactive information on juice and milk packages, as well as digital tools, to help drive worldwide market growth.
Report Scope
Report Attributes
Details
Study Period
2017-2028
Base Year
2020
Forecast Period
2021-2028
Historical Period
2017-2019
Key Companies Profiled
Tupperware Brands Corporation, Newell Brands, LOCK & LOCK Co Ltd, Hamilton Housewares Pvt Ltd
Segments Covered
By Product
By Application
By 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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Research Methodology of Market Research
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Reasons to Purchase this Report
We'll take a good, hard look at the market using both numbers and more qualitative stuff, diving deep with segmentation that considers both economic realities and other important factors. You'll get market value data (in USD Billion) for every segment and sub-segment, so you know exactly where the money is. Plus, we'll point out the region and segment we think will be the fastest-growing and the one that will be the biggest overall. We'll analyze each region, showing where the product/service is really being used and what's impacting the market there. You'll also see the competitive landscape, including rankings of the big players, their new offerings, partnerships, expansions, and acquisitions over the last five years. We'll provide detailed company profiles, with overviews, insights, product comparisons, and a SWOT analysis for each major player. We'll give you our view of the current and future market, focusing on the latest trends (like growth opportunities, what's driving the market, and what's holding it back in both new and established areas). We'll even dig into the market's structure with Porter's five forces analysis, and give you insight through a value chain analysis. Finally, we'll look at the market dynamics and highlight the growth opportunities in the coming years, and we'll back it all up with 6 months of analyst support after the sale.
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