Food Containers Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2021 To 2029

Food containers are usually utilized in the form of sacks, flexible bags, rigid plastic containers, paperboard, metal containers, and others. Rising significance of ready to eat food has strengthened the demand for food containers in all over the world. The substantial increase in food output as well as convenience of carrying, packaging and consumption has gained popularity among customers in today’s time. It has been notified that the number of women in service sector and other job related field has intensified over the past few years and this has ultimately increased the consumption of packed foods among urban people and has strengthened the demand for food containers all over the world. Rising awareness related to environmental concerns, development of new packaging material as well as escalating health consciousness among people is likely to fuel the growth of food containers market from 2021-2029. Besides this, escalating consumption of packaged eatables and processed food is anticipated to bolster the growth of food containers market in the next few years from 2021 to 2029.

Change in lifestyle along with increased consumption of packaged food products is expected to drive the growth of global food containers market over the forecast period. The convenience provided by the type of containers in carrying and packaging has obtained significance among consumers. The increasing production of food as well as change in lifestyle is expected to intensify the growth of food containers market over the forecast period. The advantages being offered by plastic containers as compared to glass and metal is anticipated to favorably impact the growth of food containers market between 2021 and 2029.

Food containers market has been estimated to be valued at US$ 306.5 Bn by the end of 2021 and is expected to attain revenue of US$ 457.5 Mn by 2029, expanding at a CAGR of 4.8% during the forecast period 2021-2029.

Purpose of the Report

The purpose of this strategic research study titled “Global Food Containers Market - Growth, Future Prospects, and Competitive Analysis 2021 - 2029” is to provide company executives, industry investors, and industry participants with in-depth insights to enable them make informed strategic decisions regarding the opportunities in the global food containers market.

Target Audience

• Industry Investors
• Research Professionals
• Emerging Companies
• Raw Material Suppliers/ Buyers
• Product Suppliers/ Buyers
• Research Institutes

USP and Key Offerings

The report titled “Global Food Containers Market - Growth, Future Prospects, and Competitive Analysis 2021 - 2029” offers strategic insights into the global food containers market along with the market size and estimates for the duration 2019 to 2029. The said research study covers in-depth analysis of multiple market segments based on product type and application and cross-sectional study across different geographies. In order to help strategic decision makers, the report also includes competitive profiling of the leading food containers vendors, their expansion strategies, market positioning, and latest developments. Other in-depth analyses provided in the report include:

• Current and future market trends to justify the forthcoming attractive markets within food containers industry
• Market fuelers, market impediments, and their impact on the market growth
• In-depth competitive environment analysis
• Trailing 3-Year market size data (2019 - 2020)
• SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global food containers market, of growth, offering market size and estimates for the period from 2019 to 2029, keeping in mind the above mentioned factors.

On the basis of product type, the food containers market is categorized into following types:

• Flexible Packaging
• Rigid Packaging
• Paperboard
• Others

The food containers market has been observing significant amount of innovation in development of containers. By product type, the food containers market growth is segmented by flexible packaging, rigid packaging, paperboard, and others. In 2020, flexible packaging segment contributed highest share in the total revenue of global food containers market. Rising significance of thin film packaging in nutritional supplement industry as a medium for shelf life for finished goods is anticipated to intensify the growth of global food containers market over the forecast period. Rigid packaging is expected to gain traction in future due to technological up gradation and adoption of biodegradable plastics by companies.

On the basis of application, the food containers market is categorized into following types:

• Bakery
• Dairy
• Fruit and Vegetables
• Processed Meat
• Others

The significant demand for convenience food products all over the world has intensified the demand for food containers. A substantial inclination in output of food all over the world is expected to bolster the demand for food containers market during the forecast period. Processed meat products marked the highest share in the total global food containers market in 2020. The innovation and development of new products by key food container vendors is anticipated to foster the global food containers market over the forecast period.

On the basis of geography, the global food containers market is segmented into following categories,

• North America
• U.S.
• Canada
• Europe
• EU
• CIS
• Rest of Europe
• Asia Pacific
• China
• India
• Rest of Asia Pacific
• Middle East & Africa (MEA)
• GCC
• Rest of MEA
• Latin America
• Brazil
• Rest of Latin America

Inclination towards naturally manufactured products and changing mindset of consumer towards sustainable and packed goods is anticipated to bolster the growth of food containers market over the period 2021-2029. The global food containers market is segment on the basis of geography. Asia Pacific contributed the highest revenue share in total food containers market with a contribution of more than 30% in 2020. Followed by it, North America stood at second position in the same year. Rising urbanization, higher health awareness and consciousness along with high population spending in these developed regions is anticipated to contribute for double digit growth rate of these regions during the projected period. The booming food and beverage sector in Middle East and Africa as well as Latin American countries is anticipated to spur the growth of food containers market in these regions over the period 2021-2029.


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