Press release
Food Containers Industry Outlook 2025-2029: Market Set to Cross $479.09 Billion Milestone
Food Containers
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How Large Will the Food Containers Market Size By 2025?_x000D_
Recent years have witnessed robust growth in the market size of food containers. Estimated to rise from $298.77 billion in 2024 to $322.85 billion in 2025, the market is expected to expand at a compound annual growth rate (CAGR) of 8.1%. Factors such as food preservation and shelf life, convenience for on-the-go lifestyles, urbanization and population growth, food safety regulations, and sustainability issues have all contributed to growth during the historic period._x000D_
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How Big Is the Food Containers Market Size Expected to Grow by 2029?_x000D_
The market size of food containers is set for swift expansion in the upcoming years, with predictions indicating a growth to $479.09 billion by 2029, a compound annual growth rate (CAGR) of 10.4%. The estimated growth during the projection period could be ascribed to factors such as customization and branding, health and safety regulations, the rise in online food delivery and meal kits, regulatory shifts, and packaging standards. Major trends anticipated during the forecasting period incorporate advancements in material science, meal preparation, and portion control tactics, alternatives to single-use plastics, intelligent packaging, and environment-friendly wrapping._x000D_
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Which Key Market Drivers Powering Food Containers Market Expansion and Growth?_x000D_
The food container market's growth is forecasted to accelerate due to the rising consumption of processed and frozen packaged foods. Processed foods often contain artificial elements such as colors, flavors, or other chemical additives, which can induce various health issues, including obesity and chronic diseases like diabetes and heart disease. Nevertheless, the quick-paced lifestyle of modern individuals has led to an escalated consumption of these processed and frozen packaged foods. This increased consumption necessitates a higher demand for such foods, which in turn compels food processing and packaging industries to produce more products with enhanced nutritional value and minimum side effects. For example, a report by the American Frozen Food Institute revealed that frozen food sales in the US exceeded $72 billion in 2022. In addition, almost all US households, around 98.6%, buy frozen food at least once per year. As a result, this significant demand for processed and packaged food fuels the growth of the food container market._x000D_
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Which Fast-Growing Trends Are Poised to Disrupt the Food Containers Market?_x000D_
Emerging technological innovations are becoming a dominant trend in the food container industry. Advanced technology has revolutionized the food production sector and related fields, through the introduction of applications such as recyclable packing, intelligent packaging, and micro packaging. These technologies enhance the shelf life of food and prevent direct spoilage. Recyclable materials have become increasingly popular in the packaging sector, enabling businesses to adopt circular packaging methods. Additionally, recycling packaging technologies have promoted the use of mono-material packaging, thereby eliminating the need for multi-layered packaging systems. Technological progress, inclusive of recyclable packaging solutions, constitutes a progress in knowledge. For instance, in October 2022, HuhtamäkiOyj, a Finland-based consumer packaging company, unveiled a revolutionary, recyclable ice cream packaging solution leveraging paper-based technology, representing an innovative and eco-friendly food container solution._x000D_
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What Are the Emerging Segments in the Food Containers Market?_x000D_
The food containers market covered in this report is segmented - _x000D_
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1) By Product: Bottles and Jars, Cans, Cups and Tubs, Boxes_x000D_
2) By Material: Plastic, Metal, Glass_x000D_
3) By Application: Meat Products, Dairy Products, Bakery Products, Fruits and Vegetables_x000D_
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Subsegments:_x000D_
1) By Bottles and Jars: Glass Bottles And Jars, Plastic Bottles And Jars, Metal Bottles And Jars_x000D_
2) By Cans: Aluminum Cans, Steel Cans, Tinplate Cans _x000D_
3) By Cups and Tubs: Disposable Cups, Reusable Cups, Food Tubs_x000D_
4) By Boxes: Carton Boxes, Rigid Boxes, Folding Boxes_x000D_
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Who Are the Global Leaders in the Food Containers Market?_x000D_
Major companies operating in the food containers market include Amcor plc, Plastipak Holdings Inc., Sonoco Products Company, Graham Packaging Company Inc., Ball Corporation, Printpack Incorporated, Ardagh Group, Tetra Laval International S.A., Graphic Packaging International LLC, Anchor Glass Container Corporation, Evergreen Packaging, Anchor Packaging Inc., Berry Global Group Inc., Cambro Manufacturing Company, CKS Packaging Inc., Crown Holdings Inc., Dart Container Corporation, D&W Fine Pack LLC, Eco-Products Inc., Fabri-Kal Corporation, Genpak LLC, Georgia-Pacific LLC, Huhtamäki Oyj, Inline Plastics Corporation, International Paper Company, Libbey Inc., Menasha Packaging Company LLC, Novolex Holdings LLC, Pactiv LLC, Placon Corporation, Polytainers Inc., Reynolds Group Holdings Limited, Sabert Corporation _x000D_
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Which are the Top Profitable Regional Markets for the Food Containers Industry?_x000D_
Asia-Pacific was the largest region in the food containers market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the food containers market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa._x000D_
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