Global Food Storage Container Market Overview:
In both residential and commercial purpose, food container played the most important to hold food at room temperature, in the freezer or the refrigerator. In the food and beverage industry, the emergence of packaged food is one of the most lucrative applications has fuelled large scale developments for food containers market in the upcoming years.
As per latest study released by AMA Research, the Global Food Storage Container market is expected to see growth rate of 5.0%Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Rising Consumer Demands for Quality Products Worldwide and Manufacturers are Focusing on Manufacturing of Plastic and Metal Container
Market Growth Drivers:
Increasing Per Capita Income and Vast Rise in Double Income Families in Developing Economies and Rising Number of Women in Workforces and Increased Number of Families Consuming Packaged Foods
Challenges:
Environmental Regulations on the Plastics Products Manufacturing
Restraints:
High Cost of Branded Food Container Products and Increasing Cases of Food Contamination Due to Low-Quality Products
Opportunities:
The Growth in the Number of Population in Urban Settings, Increasing Number of Single-Person Households in both Developed and Developing Economies and Advent of Smaller Size Packaging of Flour, Edible Oil, and Ready Meals by Key Players
Competitive Landscape:
The rising number of players expected to enter the global market is predicted to enhance the competition level as well as encourage the growth of the overall market in the near future. Players are anticipated to focus on the development of new compounds, which is likely to encourage the growth of the global market throughout the forecast period.
Some of the key players profiled in the report are Cambro Manufacturing Co (United States), Carlisle (United States), Newell Brands (United States), Vollrath (United States), Addis Housewares Ltd (United Kingdom), AJ Stuart (United Kingdom), The Oneida Group (United States) and Araven (Spain). Analyst at AMA Research see United States Vendors to retain maximum share of Global Food Storage Container market by 2030. Considering Market by Distribution Channel, the sub-segment i.e. Online Stores will boost the Food Storage Container market. Considering Market by Material Type, the sub-segment i.e. Paperboard will boost the Food Storage Container market. Considering Market by End User, the sub-segment i.e. Commercial (Restaurants, Catering, Hotels, Bars) will boost the Food Storage Container market.
Latest Market Insights:
On November 16, 2023, Tupperware Brands launched a new line of reusable food containers made from ocean-bound plastic, aiming to offer sustainable storage solutions.
What Can be Explored with the Food Storage Container Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Food Storage Container Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Food Storage Container
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Food Storage 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, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Food Storage Container market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of 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 Food Storage Container Manufacturers, Raw Material Suppliers, Food Storage Container Suppliers/Distributors/Wholesalers, End Users and Others.
This helps us to gather the data related to 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 includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.