Global Food Storage Container Market By Material (Metal, Plastics, Glass, Acrylic, Ceramic, Silicone, Paper and Others), Purpose (Microwave Compatible, Airtight Container and Others), Shape (Round, Square and Others), Capacity (Less than 100 ml, 100-500 ml, 500-1000 ml, 1000-1500 ml, 1500-2000 ml, More than 2000 ml), Technology (Injection Molding, Extrusion, Stretch Blow Molding, Thermoforming and Others), Appearance (Transparent and Colored), Function (Storage, Conveying & Transport, Picking, Handling, Interlinked Workstations and Others), End-User (Household, Bakery & Confectionary, Chocolates, Convenience Food, Fruits & Vegetables, Meat, Fish & Poultry, Condiments & Spices, Dairy Products and Others), Country (U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, Japan, China, South Korea, India, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, Brazil, Argentina, UAE, Saudi Arabia, Egypt, Israel and South Africa), Market Trends and Forecast to 2027
Market Analysis and Insights: Global Food Storage Container Market
Food storage container market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing with the CAGR of 4.5% in the forecast period of 2020 to 2027and is expected to reach USD 215,653.52 million by 2027. Increasing demand of huge food storage container in bakeries & confectionaries accelerating the demand of food storage container in the market.
Globally, Asia-Pacific region is dominating because growing requirement of storing products which can minimise the spoilage of the food that accelerates the global food storage container market.
This food storage container market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on food storage container market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Food Storage Container Market Scope and Market Size
Food storage container market is segmented on the basis of material, purpose, shape, capacity, technology, appearance, function and end-user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of material, the market is segmented into metal, plastics, glass, acrylic, ceramic, silicone, paper and others. Plastics are dominating the food storage container market because of to high demand of unbreakable and durable material in manufacturing processes.
- On the basis of purpose, the market is segmented into microwave compatible, airtight container and others. In this segment, airtight container is dominating the food storage container market due to increasing demand of leakage proof food storage containers which protects the spoilage of the food.
- On the basis of shape, the market is segmented into round, square and others. Square is dominating the Asia-Pacific food storage container market because the manufacturing process is less difficult as compare to other shapes of containers.
- On the basis of capacity, the market is segmented into less than 100 ml, 100-500 ml, 500-1000 ml, 1000-1500 ml, 1500-2000 ml, more than 2000 ml. In this segment, more than 2000 ml is dominating because of huge demand of large size containers as more quantity at one time in hotels, bakeries and many more.
- On the basis of technology, the market is segmented into injection molding, extrusion, stretch blow molding, thermoforming and others. Extrusion segment is dominating the food storage container market because the process leads to the minimum wastage of the resources.
- On the basis of appearance, the market is segmented into transparent and colored. In this segment, transparent is dominating because it does not include the usage of chemicals which is more in colored containers and with that the visibility became easier.
- On the basis of function, the market is segmented into storage, conveying & transport, picking, handling, interlinked workstations and others. Storage segment is dominating the food storage container market due to increasing requirement of preserving food which can be used for longer duration.
- On the basis of end user, the market is segmented into household, bakery & confectionary, chocolates, convenience food, fruits & vegetables, meat, fish & poultry, condiments & spices, dairy products and others. In this segment, bakery & confectionary is dominating due to the growing requirement of storing food in bulk in bakeries.
Food Storage Container Market Country Level Analysis
Food storage container market is analysed and market size information is provided by country, material, purpose, shape, capacity, technology, appearance, function and end-user as referenced above.
The countries covered in the global food storage container market report are U.S., Canada and Mexico in North America, Germany, U.K., France, Switzerland, Italy, Spain, Belgium, Netherlands, Russia, Turkey, and Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, and Rest of Asia-Pacific in Asia-Pacific, Saudi Arabia, U.A.E, Egypt, South Africa, Israel, Rest of Middle East and Africa as a part of Middle East and Africa, Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the food storage container market as China is the leader in food storage container manufacturing and major leaders are generating revenue due to availability of technology for production of food storage container in different industries. Asia-Pacific region is expected to grow with the highest growth rate in the forecast period of 2020 to 2027 because of increasing demand of the packaged food in the developing countries. Germany is dominating the Europe market and plastics are very dominating in the region due to the growing demand of the glass containers in households. U.S. is dominating in the North America region because of growing use of the airtight storage container in order to keep food fresh for longer duration.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Rising Demand of Small Size Container in Households
Food storage container market also provides you with detailed market analysis for every country growth in food storage container industry with food storage container sales, components sales, impact of technological development in food storage container and changes in regulatory scenarios with their support for the food storage container market. The data is available for historic period 2010 to 2018.
Competitive Landscape and Food Storage Container Market Share Analysis
Food storage container market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to food storage container market.
The major players covered in the report are The Clorox Company, Tupperware, Newell Brands, Amcor plc, LocknLock Co., Ltd., NuWave, LLC., OXO, Molded Fiber Glass Tray Company, Prepara, Thermos L.L.C., Freshware., The Oneida Group Inc., Glasslock USA, Inc., Vremi, Vtopmart, EMSA GmbH, Silgan Containers., LINDAR Corporation, Detmold Group, Pactiv LLC, among other domestic and global players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Many product developments are also initiated by the companies worldwide which are also accelerating the global food storage container market.
- In February 2020, Molded Fiber Glass Tray Company has released New ULTRA-LITE Totes and Containers with a combination of light weight and legendary strength. The expansion will help the company to customer base as well as generates revenue of the company.
Partnership, joint ventures and other strategies enhances the company market share with increased coverage and presence. It also provides the benefit for organisation to improve their offering for food storage container.
Customization Available: Global Food Storage Container Market
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