What is Home Food Container?
Food storage containers are mostly used to extend the shelf life of a commodity by preserving, storing, and transporting it. Food containers should be durable enough to prevent food from being contaminated or spoiled when in transit. The food container market is expected to be influenced by rising customer perception of environmental and sustainability concerns related to food packaging. Food containers keep food products fresh and enable them to move safely over long distances from the point of manufacture. Increased demand for packaged and non-packaged, ready-to-eat food items that need long-term storage has resulted from rising population, urbanization, and evolving lifestyles, which have resulted in changing consumer food habits.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Bemis Company, Inc. (United states), Berry Plastics Corporation (United states), Crown (United states), Graham Packaging Company (United states), Graphic Packaging International LLC (United states), Ball Corporation (United states), Constar International UK Ltd. (United Kingdom), Anchor Glass Container Corporation (United States), Plastipak Holdings, Inc. (United states), PRINTPACK (United States) and Tupperware (United States) |
The study covers a detailed analysis segmented by key business segments i.e. , by application (Fruits & Vegetables, Meat Products, Frozen Foods, Baked Food and Others) and major geographies.
The competition is expected to become even more intense in the years to come due to the entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Home Food Container market report suggests strategies that Vendors can follow and highlights key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Vendors, some of them are Bemis Company, Inc. (United states), Berry Plastics Corporation (United states), Crown (United states), Graham Packaging Company (United states), Graphic Packaging International LLC (United states), Ball Corporation (United states), Constar International UK Ltd. (United Kingdom), Anchor Glass Container Corporation (United States), Plastipak Holdings, Inc. (United states), PRINTPACK (United States) and Tupperware (United States).
Market Overview:
In Jul 2019, Berry Global Group has acquired acquisition of RPC Group. The combination of Berry and RPC is expected to produce a balanced franchise across geographies, markets and substrates that will help to create a leading global supplier of valued-added protective solutions and one of the world’s largest plastic packaging companies.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Influencing Trend:
Emphasis on Modern Technologies for Food Storage
Market Growth Drivers:
Cost Effectiveness of Food Service Packaging. and Rising Demand for Convenience Food
Challenges:
Availability of Local Players in the Market
Opportunities:
Growing Demand for Sustainable Packaging Solutions. and Increasing Use of Glass and Metal Containers
Key highlights of the Global Home Food Container market Study:
CAGR of the market during the forecast period 2022-2028
In-depth information on growth factors that will accelerate the Home Food Container market in next few years.
Detailed Insights on futuristic trends and changing consumer behavior
Forecast of the Global Home Food Container market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Vendors
Comprehensive information about factors that will challenge the growth of Home Food Container Vendors
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Home Food Container market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, and SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Home Food Container market.
In order to make a priority list sorting is done based on revenue generated based on the latest reporting, using paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes Manufacturers of Food Container, Suppliers of Food Container, Wholesalers, Distributors and Retailers, Raw Material Providers, Potential Investors and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases, etc.