Food Storage Containers Market Overview
Foodservice container marketing anticipates $212.47 billion by 2030 with a registration rate of 4.19% during the forecast period of 2030-2022. The food storage container market the world It is common to witness obsessive growth during the forecast period. Asia-Pacific is expected to be a prominent region in the food storage container market which captures the high demand for fast-moving consumer products. Their market follows exactly the same as Europe in the Americas which benefits from the presence of one food storage container manufacturer as per company and others. In 2017 it holds the second largest market share in the global food container market which is gaining towards increasing amounts of food packaging made of bioplastics. So when it comes to considering the blueprint for sustainable packaging products for consumers, this will lead to an escalation and demand for eco-friendly storage in packaging solutions in Europe.
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Market segmentation of food storage containers
The global food storage bottle market is segmented by type, material, invention, and application. Based on type, the food storage containers sold in the world are divided into rigid and flexible. The flexible segment is expected to dominate the market, due to the flexible packaging industry growing at a rapid pace and replacing rigid packaging in food applications.
Based on material, the overall food storage container market is segmented into plastic, paper and cardboard, metal and glass. The hard segment is expected to hold the maximum market share. Plastic packaging is mainly used in food industry as it can be easily shaped and shaped according to its end applications, such as flasks, jugs and plastic films.
Based on product, the global nutrition storage containers market is segmented into bags, pouches, and containers. The bottle sector is expected to hold the maximum market share, due to the wide use of containers in the packaging of fruit and soup, dairy products, frozen food and other end production.
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Food storage containers market regional classification
On the basis of region, the food storage containers marketing is segmented into America, Europe, Asia-Pacific, Middle East and Africa. Asia-Pacific accounted for the largest market share in 2017 and was valued at more than USD 92084.6 million. Food storage containers marketing in Asia-Pacific is expected to witness growth benefiting from the high demand for fast-moving consumer goods. In addition, you should consider the food contact material regulations stated by the government in various countries such as Australia, China, Japan, India, Malaysia and Singapore during the casting period.
In Asia-Pacific in 2017 China wholesalers shared global food storage containers benefiting from government-directed regulations to reduce food packaging waste. Moreover, in 2017, the Chinese government banned the impact of plastic recycling from the banned countries to open up profitable opportunities for local food packaging manufacturers.
Food storage container industry news
Food service container sales dollar clock towards USD 212.47 billion by 2030 with a recording pool of 4.19% during the forecast period of 2022-2030.
key players
- Amkor Bemis Ltd
- Tupperware Brands Corporation
- Newell Brands
- LOCK&LOCK Co. Ltd
- Hamilton Housewares Pvt. Ltd
- ball corporation
- Constar International Inc.
- Plastipak Holdings Inc.
- Anchor Glass Container Corporation
- Associated Packaging Inc.
- Berry Global Ltd
- Crown Holdings Ltd
- Graphic Packaging International Inc.
- Graham Packaging Company
- Avery Dennison Corporation
- ACCO brands
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