Food Container Market 2021-2027

Global Food Container Market Size, Share & Trends Analysis Report by Material Type (Paper, Plastic, Metal, Glass, and Others) and by Product Type (Boxes, Cups, Cans, Bottles & Jars, Trays, Bags & Pouches, and Others) Forecast, 2021-2027

The global food container market is projected to grow at a CAGR of 3.8% during the forecast period (2021-2027). The major aspect that drives the growth of the market includes the rise in the population accelerates the increased demand for food, which, in turn, drives the demand for substantial food packaging products including food containers. As per the Food and Agriculture Organization of the United Nations (FAO), there has been an increased demand for food and fiber to cater to the ever-rising needs of the population, which is likely to increase in the upcoming years. Thus, this will create a significant scope for the market growth during the forecast period. 

The global food container market is segmented on the basis of material type and product type. Based on the material type, the market is segmented as paper, plastic, metal, glass, and others. The plastic segment of the global food container market is likely to hold a substantial share in the market. Based on the product type, the market is segmented as boxes, cups, cans, bottles & jars, trays, bags & pouches, and others. Bags & pouches segment of the global food container market is likely to hold a substantial share in the market. 

Whereas, based on the geography, the global food container market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. The Asia-Pacific region is projected to hold a significant market share. Further, Mondi Group, Amcor Plc, Berry Plastics Corp., Sonoco Products Co., Ball Corp., Bemis Co. Inc., Crown Holdings Inc., Owens-Illinois Group Inc., and Pactiv LLC among others are some of the prominent players functioning in the global food container market. New product launches & developments, partnerships, agreements, and acquisitions are some of the growth strategies adopted by the players in order to sustain in the highly competitive market. 

Research Methodology

The market study of the global food container market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. The team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.

Secondary Sources Include

• Financial reports of companies involved in the market
• Whitepapers, research-papers, and news blogs
• Company websites and their product catalog

The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

1. Global Food Container Market Research and Analysis by Material Type
2. Global Food Container Market Research and Analysis by Product Type

The Report Covers

• Comprehensive research methodology of the global food container market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the global food container market.
• Insights about market determinants which are stimulating the global food container market.
• Detailed and extensive market segments with regional distribution of forecast revenues.
• Extensive profiles and recent developments of the market players.