Food containers are type of products which are used for the storage of food and protect the food items from contamination. The food containers are manufactured from different materials which can be used according to food item. In the market, food containers are available in different shapes and sizes.
Kitchen appliances are the equipment or machines which are used in commercial and residential application for food preparation in less time. Kitchen appliances are manufactured from different materials which can be easily heat up and work in efficient manner. The kitchen appliances include microwave, ovens, blenders, food processes, juices and baking machine.
E-commerce has also grown with the increasing use of online food delivery apps and online retail stores leads to the increase in the demand for the food containers and kitchen appliances. Several electronics stores have shifted to the digital platform due to which the demand for kitchen appliances products has increased in the global market. The demand for the single use containers have increase in the food industry as with the increasing food delivery orders on online platform in developing nations. The main aim of food containers is to prevent food from becoming contaminated and causing food poisoning. Nowadays, awareness regarding hygiene food increases the demand for the packaged food in the market.
Access Full Report @ https://www.databridgemarketresearch.com/reports/global-food-container-and-kitchen-appliances-market
Global Food Container and Kitchen Appliances Market is expected to reach USD 99,822,310.21 thousand by 2031 from USD 49,632,633.50 thousand in 2023 growing with a CAGR of 9.7% in the forecast period of 2024 to 2031.
Key Findings of the Study
Growth of E-Commerce in Food & Kitchen Appliances Industry
The demand for kitchen appliances on the e-commerce platform increases as juice mixers, grinders, and electric tastemakers have more requirements in digital format than retail stores. In the developed nations, the demand for kitchen appliances includes egg boilers, breakfast makers, and coffee makers. The increasing demand for kitchen appliances on digital platform and growing food delivery will help boost the global food containers and kitchen appliances market.
Report Scope and Market Segmentation
|
Report Metric
|
Details
|
|
Forecast Period
|
2024 to 2031
|
|
Base Year
|
2023
|
|
Historic Year
|
2022 (Customizable to 2016-2021)
|
|
Quantitative Units
|
Revenue in USD Thousand
|
|
Segments Covered
|
Product Type (Cookware, Kitchen Appliances, Food Containers, Serveware, and Baby /Kids), Material (Rigid Packaging, Flexible Packaging, Paperboard, Metal, Glass, and Others), Distribution Channel (Store Based Retailers and E-Commerce)
|
|
Countries Covered
|
U.S., Canada, Mexico, Germany, U.K., France, Italy, Spain, Russia, Netherlands, Switzerland, Belgium, Turkey, Rest of Europe, China, Japan, India, Australia and New Zealand, South Korea, Indonesia, Philippines, Thailand, Malaysia, Singapore, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, U.A.E., Egypt, Israel, and Rest of Middle East and Africa
|
|
Market Players Covered
|
LG Electronics (South Korea), SAMSUNG (South Korea), Koninklijke Philips N.V. (Netherland), AB Electrolux (Sweden), Whirlpool (U.S.), BALL CORPORATION (U.S.), Greif (U.S.), Evergreen Packaging LLC (U.S.), Crown (U.S.), Havells India Ltd. (India), Pactiv LLC (U.S.), Berry Global Inc. (U.S.), Amcor plc (Switzerland), PLASTIPAK HOLDINGS, INC. (U.S.), Plus Pack AS (Denmark), Lacerta Group, Inc. (U.S.), Ampak Inc. (Canada), Novolex (U.S.), O-I Glass, Inc. (U.S.), and GE Appliances (a subsidiary of Haier Inc.) (U.S.) among others
|
|
Data Points Covered in the Report
|
In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
|
Segment Analysis
The global food container and kitchen appliances market is segmented into three notable segments, which are based on the product type, material and distribution channel.
- On the basis of product type, global food container and kitchen appliances market is segmented into food containers, cookware, serveware, kitchen appliances and baby /kids
In 2024, the food containers segment is expected to dominate the global food container and kitchen appliances market
In 2024, the food containers segment is expected to dominate the market with market share of 35.39% due to the increasing demand for the packed food items throughout the globe.
- On the basis of material, global food container and kitchen appliances market is segmented into rigid packaging, flexible packaging, paperboard, metal, glass and others.
In 2024, the rigid packaging segment is expected to dominate the global food container and kitchen appliances market
In 2024, rigid packaging segment is expected to dominate the market with 29.92% market share due to the fact that rigid packaging is aiding in the process of prevention of the deformation of food products.
- On the basis of distribution channel, global food container and kitchen appliances market is segmented into store based retailers and e-commerce. In 2024, store based retailers segment is expected to dominate the market with market share of 79.99%
Major Players
Data Bridge Market Research analyzes BALL CORPORATION (U.S.), SAMSUNG (South Korea), Koninklijke Philips N.V. (Netherland), AB Electrolux (Sweden), and PLASTIPAK HOLDINGS, INC. (U.S.) as the major players in the global food container and kitchen appliances market.
Market Developments
- In December 2020, PLASTIPAK HOLDINGS, INC. announced that it had earned two 2020 UK Packaging Awards for plastic aerosol packaging and Rigid Plastic Pack. This development helps the company to increase their global revenue
- In July 2020, GE Appliances had decided to invest USD 62 million to build high-end refrigerators and expand capacity at a massive manufacturing facility in Louisville, KY., creating new jobs. This development helps the company to increase its revenue and to provide employment in Louisville
- In September 2019, Amcor plc was honored with the best packaging innovation, which has enhanced consumer convenience towards the packaging products. The award helps in increasing the goodwill of the company
- In May 2019, Ampak Inc. took part in SIAL 2019-SET 2019 in Toronto and showcased several glass container products. This development helps the company to increase its revenue and customer base in the market
- In February 2019, Greif has announced the acquisition of Caraustar Industries, Inc. The company is engaged in the production of packaging products. With the acquisition, the company can increase the customer base
Regional Analysis
Geographically, the countries covered in the global food container and kitchen appliances market are U.S., Canada, Mexico, Germany, U.K., France, Italy, Spain, Russia, Netherlands, Switzerland, Belgium, Turkey, Rest of Europe, China, Japan, India, Australia and New Zealand, South Korea, Indonesia, Philippines, Thailand, Malaysia, Singapore, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, U.A.E., Egypt, Israel, and Rest of Middle East and Africa.
As per Data Bridge Market Research analysis:
Asia-Pacific is the dominant and fastest growing region in the global food container and kitchen appliances market
Asia-Pacific is expected to dominate the market due to its vast population, growing urbanization, and changing lifestyles. The region is expected to be the fastest growing due to the increasing number of households and the shift towards modern living.
For more detailed information about the global food container and kitchen appliances market report, click here – https://www.databridgemarketresearch.com/reports/global-food-container-and-kitchen-appliances-market
