Press release
Food Storage Container Market Size Worth USD 237.64 billion Globally with Excellent CAGR of 4.6% by 2031, Size, Share, Rising Trends, Market Demand and Revenue Outlook
As a well-written market report Food Storage Container Market Business Report contributes to a thorough examination of the market structure and estimates of the many market segments and sub-segments. The market's state, share, growth rate, sales volume, potential trends, market forces, market constraints, revenue creation, opportunities and challenges, risks and entry barriers, sales channels, and distributors are all examined in the study. This marketing study formulates industry trends at a macro level to assist firms in understanding the market environment and potential future problems. Businesses can utilize the market data in the extensive Food Storage Container Market study to make well-informed decisions about their business strategy in order to maximize return on investment (ROI).Explore Further Details about This Research Food Storage Container Market Report https://www.databridgemarketresearch.com/reports/global-food-storage-container-market
Nowadays, awareness regarding sustainability issues and environmental challenges related to food packaging is growing rapidly, which positively influences the growth of the food storage container market. Moreover, the growing focus of manufacturers on aesthetics and innovation of the food containers is significantly attracting food manufacturers to provide their products in different innovative food packaging, which, in turn, is likely to increase the market growth in the upcoming period.
Data Bridge Market Research analyzes that the global food storage container market is expected to reach USD 237.64 billion by 2031, which is USD 165.83 billion in 2023, registering a CAGR of 4.6% during the forecast period of 2024 to 2031. The "plastic" segment, categorized by type, dominates the market due to the widespread use of plastic containers, driven by their affordability, versatility, and lightweight nature, making them a popular choice for consumers and businesses alike. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and consumer behaviour.
Market Definition.
A food storage container stores food products in the freezer or refrigerator at room temperature. Various options are available for storing food products, such as bottles and jars, cans, bags, cups and tubs, and boxes. Before choosing the right type of container, numerous factors must be taken into consideration. Considering the kind of storage, such as storage at room temperature, refrigerated, or frozen, the length of storage, the type of food, and the amount of storage space.
Some of the major players operating in the food storage container market are:
The Clorox Company (U.S.)
Tupperware (U.S.)
Newell Brands (U.S.)
Amcor plc (Switzerland)
LocknLock Co. (South Korea)
Molded Fiber Glass Company (U.S.)
Prepara (U.S.)
Thermos L.L.C. (U.S.)
Freshware (U.S.)
Oneida (U.S.)
Glasslock (U.S.)
Vremi (U.S.)
Vtopmart (U.S.)
EMSA GmbH (Germany)
Silgan Containers (U.S.)
Lindar Corp. (U.S.)
Detmold Group (Australia)
Pactiv L.L.C. (U.S.)
OXO (U.S.)
Drivers
Increasing usage of the bag for food storage
A bag is a flexible thin paper or plastic container for storing, carrying, and holding products. Various pouches, including twin pouches, gussets, corner spouts, stand-up pouches, flat pouches, and many others, are used as food storage containers. All these pouches are used for the packaging of eatable products depending on the various properties it offers. Therefore, increasing the usage of the bag for food storage is expected to propel the market growth.
Growing demand for a food storage container to maintain food quality
One of the primary factors likely to drive market growth is the increasing demand for maintaining food quality. Food storage containers keep food products fresh and also maintain the quality of the food products. Furthermore, by keeping food in food storage containers, the consumers will help keep the food fresh than leaving them in other boxes. As a result, the demand for food storage containers increases, boosting market growth.
Global Food Storage Container Market Scope
The food storage container market is segmented on the basis of materials, products, packaging type, and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Materials
Paperboard
Metal
Glass
Plastic
Others
Products
Bottles and jars
Cans
Bags
Cups and Tubs
Boxes
Others
Packaging Type
Rigid
Semi-rigid
Flexible
Application
Grain Mill Products
Dairy Goods
Fruits and Vegetables
Bakery Products
Meat Products
Candy and Confections
Others
Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Market Size, Share, Size & Forecast by different segment | 2023-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis by segment with their sub-segments and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Food Storage Container Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations
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