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Household Food Storage Containers Market worth $39.01 billion by 2030, growing at a CAGR of 6.19% - Exclusive Report by 360iResearch
Household Food Storage Containers Market | 360iResearch
The Global Household Food Storage Containers Market to grow from USD 25.61 billion in 2023 to USD 39.01 billion by 2030, at a CAGR of 6.19%.
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Household food storage containers are useful items designed to keep food fresh, prevent spoilage, manage portions for domestic everyday use, and facilitate food transport and convenience. They come in diverse materials such as glass, plastic, metal, and silicone and employ various sealing techniques such as snap-on lids, airtight seals, and locking mechanisms. The increasing importance of food safety and waste reduction in households, coupled with rising consumer awareness about the benefits of using proper food storage solutions, are key growth drivers. Additionally, healthy meal preparation and home cooking trends have propelled the demand for reliable and efficient food storage containers. Environmental concerns regarding the use of household food storage containers, regulatory compliance concerning food safety and material use, and potential health risks associated with chemicals leaching from certain materials affect the market's growth. However, manufacturers are exploring advancements in bio-based containers made using environment-friendly and sustainably sourced materials that can overcome challenges associated with environmental concerns. Ongoing research aims to enhance the functionality of containers, such as microwave-safe features or collapsible designs for space-saving storage, potentially offering new avenues of growth for the industry.
In the Americas, household food storage containers are used extensively for meal preparation, leftovers, and food preservation. The growing trend of meal prep in the United States and Canada to manage healthy eating habits boosts the demand for containers suitable for refrigerating, freezing, and microwaving. Major food storage container manufacturing companies in the Americas are known for their innovative designs, consumer trust, and focus on quality. In North America, brand reputation and loyalty play significant roles in the market presence. APAC witnesses a high use of food storage containers due to the prominence of fresh food consumption and traditional cooking practices that often produce leftovers. Production in the APAC region, particularly in countries such as China and India, is rising due to lower manufacturing costs, abundant raw material availability, and advancements in manufacturing technologies. The market in EMEA exhibits a high use of specialty containers designed to store specific types of food, such as cheese, bread, or cold cuts, reflecting diverse culinary practices and food preservation techniques of the region. The production employs stringent EU standards for food safety and materials, with a noticeable trend towards eco-friendly materials and design innovations to reduce environmental impact and comply with European environmental standards. Companies in the region offer a range of products catering to the specific needs of different EMEA markets, emphasizing design and functionality along with ecological aspects, such as recyclability and food safety.
Market Segmentation & Coverage:
This research report categorizes the Household Food Storage Containers Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Product, market is studied across Bottles & Jars, Boxes, Cans, and Cups & Tubs. The Bottles & Jars commanded largest market share of 27.18% in 2023, followed by Boxes.
Based on Material, market is studied across Glass, Metal, Paperboard, Plastic, and Silicone. The Glass commanded largest market share of 23.46% in 2023, followed by Metal.
Based on Distribution Channel, market is studied across Offline and Online. The Offline commanded largest market share of 66.79% in 2023, followed by Online.
Based on Application, market is studied across Freezer Storage, Pantry Storage, and Refrigerator Storage. The Pantry Storage commanded largest market share of 38.27% in 2023, followed by Refrigerator Storage.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 39.48% in 2023, followed by Americas.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Household Food Storage Containers Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Household Food Storage Containers Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Household Food Storage Containers Market, highlighting leading vendors and their innovative profiles. These include Amcor PLC, Berry Global Group, Inc., Cello World Limited, Done by Deer A/S, EMSA GmbH by Groupe SEB, Freshware Inc., Fullstar Houseware LLC, Glasslock, INDEPAK, Inc. by Sinclair & Rush, Inc., Instant Brands Holdings, Inc., Joyo Plastics, Lindar Corporation, Lock & Lock, Co., Ltd., LocknLock India, Milton by Hamilton Housewares Pvt. Ltd., MR. D.I.Y. ECOMMERCE (M) SDN BHD, Navin Plast, Newell Brands Inc., Novolex Holdings, LLC, OXO International, Ltd. by Helen of Troy Limited, Pack- Store, Pactiv Evergreen Inc., Prepara, Shantou Leqishi Plastic Products Co., Ltd., Silgan Holdings Inc., Sonoco Products Company, Taizhou Huangyan Jiangsheng Daily Products Co., Ltd., The Clorox Company, Thermos L.L.C., Tupperware Brands Corporation, and Vremi, LLC by Aterian, Inc..
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Household Food Storage Containers Market, by Product
7. Household Food Storage Containers Market, by Material
8. Household Food Storage Containers Market, by Distribution Channel
9. Household Food Storage Containers Market, by Application
10. Americas Household Food Storage Containers Market
11. Asia-Pacific Household Food Storage Containers Market
12. Europe, Middle East & Africa Household Food Storage Containers Market
13. Competitive Landscape
14. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Household Food Storage Containers Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Household Food Storage Containers Market?
3. What is the competitive strategic window for opportunities in the Household Food Storage Containers Market?
4. What are the technology trends and regulatory frameworks in the Household Food Storage Containers Market?
5. What is the market share of the leading vendors in the Household Food Storage Containers Market?
6. What modes and strategic moves are considered suitable for entering the Household Food Storage Containers Market?
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