Food Storage Container Market Share and Growth Dynamics by 2032

0
148

Food Storage Container Market Overview:

Food Storage Containers Organizers Market is projected to be worth USD 212.47 billion by 2032, registering a CAGR of 4.19% during the forecast period 2024 to 2032.

When it comes to food storage, whether at room temperature, in the refrigerator, or in the freezer, there are several factors to consider before selecting the right container. These factors include the type of storage (ambient, chilled, or frozen), the nature of the food being stored, the duration of storage, and the available storage space. Plastic containers, plastic bags, and glass containers are all viable options for this purpose.

The market offers a plethora of food containers, available in various sizes, shapes, and colors. These containers cater to different needs, ranging from storing single meals for individuals, such as lunch boxes, to accommodating multiple servings for group meals. Depending on your requirements, food containers can have sections or remain compartment-free.

Get Free Sample Report of Food Storage Containers Organizers Market Trends

Key Players:

in the food container industry include Amcor and Bemis Company Inc., Tupperware Brands Corporation, Newell Brands, LOCK&LOCK Co. Ltd, Hamilton Housewares Pvt. Ltd, Ball Corporation, Constar International Inc., Plastipak Holdings Inc., Anchor Glass Container Corporation, Associated Packaging Inc., Berry Global Inc., Crown Holdings Inc., Graphic Packaging International Inc., Graham Packaging Company, Avery Dennison Corporation, and ACCO Brands.

In terms of regional analysis, the Asia Pacific region dominated the global market in 2020, accounting for a significant market share of over 36%. It is anticipated to continue its robust growth trajectory from 2021 to 2028. This growth can be attributed to the rapid expansion of the food processing industry in the region, driven by strong government support. Major contributors to the growth of the APAC regional market include countries like India, China, and Japan.

Meanwhile, North America is expected to exhibit steady growth with a CAGR of 3% over the forecast period. This growth is primarily fueled by the increasing demand for packaged and convenience foods, especially among the working population. Additionally, the rising demand for canned foods, such as canned fish and meat, in the U.S. is contributing to market growth. In 2017, approximately 55% of all seafood consumed in the U.S. was in the form of canned tuna, salmon, and shrimp, according to data published by Delaware Sea Grant.

Market Segmentation:

The global food storage container market is segmented based on material, product, and region. Material-wise segmentation includes paperboard, metal, glass, plastic, and other materials. Product categories encompass bottles and jars, cans, cups and tubs, boxes, and other container types. Geographically, the market is categorized into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa (MEA).

Analysis by Product

Global food container market has been segmented on the basis of product as bottles and jars, cans, cups and tubs, boxes, and others. Additionally, it lengthens the food product shelf lives

Analysis by Material

Plastic is both lighter and further energy-efficient to manufacture than other accoutrements. Plastic food containers are constantly seen and vended in retail establishments. Depending on its consistency, food containers can be of poor to high grade. With a deal share of further than 46 in 2020, the plastic member was the market leader. The market has been segmented into plastic, metal, glass, and other materials.

Due to its numerous benefits over contending accoutrements, plastic is the material most constantly used in packaging. Compared to other accoutrements, plastic is lighter and produces with a lot lower energy. In addition, it's relatively cheap when compared to other accoutrements like glass and essence.

Read More:

Automotive Care Equipment Market

Automotive Brake System Market

Compact E-Scooter Market

CNC Vertical Machining Center Market

Carburetor Engines Market

Cerca
Categorie
Leggi di più
Altre informazioni
Security Analytics Market Trends: Key Drivers and Growth Opportunities
In the face of rapidly evolving cyber threats, the security analytics...
Di shitalt 2024-12-03 11:00:49 0 1K
Religion
Global Cyber Physical System Market Report: Emerging Trends and Strategic Forecasts 2032
The "Cyber Physical System Market" report delivers an in-depth exploration of the global...
Di KavyaSingh 2024-12-30 10:31:51 0 195
Giochi
Maximize Your Wealth: The Ultimate Guide to POE 2 Currency Exchange and Item Purchases
Maximize Your Wealth: The Ultimate Guide to POE 2 Currency Exchange and Item Purchases In the...
Di Casey 2024-11-28 04:35:05 0 485
Gardening
Automotive 3D Scanning Laser Radar (3D LiDAR) Market
Automotive 3D Scanning Laser Radar (3D LiDAR) Market The automotive 3D scanning laser radar...
Di balajikal 2024-11-19 05:25:01 0 872
Networking
Google Cloud Training Institute in Atlanta
Elevate your cloud computing expertise with our premier Google Cloud Training Institute in...
Di webtechno0961 2024-09-02 12:39:41 0 2K