Food Container Market Synopsis

Food Container Market Size Was Valued at USD 157.71 Billion in 2023 and is Projected to Reach USD 238.44 Billion by 2032, Growing at a CAGR of 4.7% From 2024-2032.

• Food containers are made specifically to hold, move, and preserve food. To meet various demands and objectives, they are available in an assortment of materials, sizes, forms, and types. Food containers can be constructed from a variety of materials, including paper, metal, glass, plastic, and composite materials. They have handles, lids, and insulation, among other features, and can be used for both hot and cold meals. In the food sector, food containers are frequently used for both home and commercial applications. Food items such fruits, vegetables, meat, chicken, fish, and prepared meals are packaged and stored in them.
• Growing consumer preferences for mobile lifestyles and greater knowledge of environmentally friendly packaging options are fueling the expansion of the food container market and pushing innovation in material and design to meet demands for convenience and environmental sustainability.
• Food containers need to be strong enough to keep the contents from rotting or breaking. Food containers are made of several different materials and have a range of uses. Food containers allow food to be transported safely over long distances from its source, preserving its quality. Growing consumer awareness of sustainability and environmental issues related to food packaging is predicted to have an impact on the food container market. Large-scale developments in the food container industry have been fueled in recent years by packaged food's rise to prominence as one of the most lucrative segments of the global food and beverage industry.

Food Container Market Trend Analysis

The most emerging trend is the shift towards eco-friendly packaging solutions.

• Numerous reasons are driving the enormous expansion of the global food container market. A primary motivator is the growing need for practical packaging options that satisfy evolving customer demands, such as quick consumption, portability, and simple storage. The increase in single-person households, double-income households, and the number of working women are the main drivers of this development. Food safety and sustainability are becoming more and more important to consumers, which has increased demand for containers made of eco-friendly materials and free of dangerous chemicals like BPA.
• Multipurpose containers are becoming more and more popular as a way to accommodate customers' hectic schedules. Due to their affordability and ease of use, plastic-based packaging, including bags and pouches, is anticipated to rule the market, particularly for prepackaged food components and quickly-made meals. Easy-to-store and carry packaging solutions are becoming more and more necessary as the food service industry's expanding demand for packaged and handy items grows. The direction of the market is being shaped by technical developments in food safety, production, processing, and packaging. The need for creative packaging solutions is being driven by advancements in food quality, safety, and shelf life, such as intelligent packaging and nanocomposites.
• However, obstacles to industry expansion include environmental worries about plastic waste and food contamination from lower-quality materials. In response, producers are emphasizing eco-friendly procedures and providing food-grade, BPA-free packaging. All things considered, the worldwide food container industry is expected to keep expanding due to shifting consumer tastes, advances in technology, and environmental measures.

Opportunity

Increasing awareness related to environmental issues Growing health awareness.

• There is a lot of potential in the food can market due to the increased awareness of environmental issues and health concerns. The growing awareness among customers regarding the environmental consequences of packaging materials has led to an increased need for sustainable and environmentally friendly substitutes. This change is encouraging the development of packaging alternatives that are recyclable, compostable, and biodegradable, hence lowering the need for conventional materials like plastic. Customers are becoming more conscious of their health and safety, and they are focusing more on the food packaging they use.
• They look for packaging options that guarantee food stays free of dangerous chemicals and impurities while also preserving its freshness. Food cans that are free of BPA and composed of materials that don't contaminate the food they hold are being developed as a result of this trend. Producers and labels who place a high priority on packaging that is health-conscious and environmentally sustainable will probably have an advantage over competitors. There's a chance to use education and marketing tactics to further inform customers about the advantages of using packaging that is both healthy and environmentally beneficial. All things considered, these patterns highlight how crucial it is to match food can products with changing customer values to foster business expansion and innovation.

Food Container Market Segment Analysis:

The food Container Market is Segmented based on materials, products, applications, end-users, Distribution Channels, and regions.

By Material, Plastic Segment Is Expected To Dominate The Market During The Forecast Period

• The food storage container market is dominated by the plastic segment, which is expected to generate about USD 42.6 billion by 2022. Because of their lightweight and manageable shape, plastic containers are suitable for daily and mobile food storage needs. They accommodate a broad variety of food products, such as liquids, dry foods, and leftovers, and come in a variety of sizes and forms. The affordability of plastic in comparison to other materials like metal and glass is the reason for its widespread use. Ten gallons of liquids can be packaged with just two pounds of plastic resin—much less than what is needed for steel, aluminum, or glass. Plastic is a versatile material that may be used to make containers that meet certain needs for products, such as durability, visibility, and freshness.
• It can also be combined with different resins, such as HDPE, LDPE, PET, PP, and polystyrene. Compared to heavier alternatives, its strength and resistance to breaking ensure that food products are protected throughout transportation, which lowers shipping costs and carbon emissions. Because plastic packaging can be resealed, microwaved, and carried around, it conveniently meets consumer expectations for convenience. Technological developments extend the shelf life and improve food safety, which boosts their commercial appeal. Plastic is the material of choice for both manufacturers and consumers because of its durability, lightweight, and resistance to harsh environments. As a result, its dominance in the market is anticipated to persist.

By Application, Dairy Product Segment Held The Largest Share In 2023

• The dairy industry has the biggest market share for food containers because of the vital function that packaging plays in keeping and upholding the quality of dairy products. Dairy products are extremely perishable and delicate to changes in temperature, light, and air. As a result, good packaging is necessary to maintain freshness, stop contamination, and increase shelf life.
• Dairy containers are made especially to satisfy the special needs of dairy products. Typically, they are constructed from materials like glass, paperboard, or plastic that have been selected for their capacity to preserve product integrity while offering protection against the weather. Glass containers offer superior barrier qualities against smells and odors, while plastic containers offer airtight seals to avoid spoiling and leaks.
• Dairy containers also exist in a variety of sizes and shapes to fit a range of dairy products, such as butter, cheese, yogurt, and milk. Bottles, cartons, cups, and tubs are among the packaging styles that are frequently utilized to accommodate a wide range of consumer preferences and consumption occasions. Additionally, packaging is essential for improving dairy products' aesthetic appeal and drawing customers at the point of sale. Purchase decisions are influenced by visually appealing designs and labeling that convey brand identification, quality assurance, and product information. The dairy industry's dominance in the food container market, taken as a whole, highlights how crucial packaging is to maintaining the freshness, safety, and appeal of dairy products—all of which increase customer happiness and loyalty.

Food Container Market Regional Insights:

Asia-Pacific is Expected to Dominate the Market Over the Forecast Period in 2023

• Asia Pacific takes the lead in the worldwide food container market, accounting for a sizeable revenue share of more than 36%. This geographical dominance is expected to persist, with Asia Pacific expected to develop at the quickest rate between 2021 and 2028. The phenomenal expansion of the region can be credited to the thriving food processing industry, which has received strong support from the government. Powerhouse economies like China, Japan, and India have made significant contributions to this expansion. Several causes are responsible for the food container market's explosive growth in Asia Pacific. The growth of packaged goods in China, Japan, and India is facilitated by the country's growing urban population and the development of its retail infrastructure.
• Among the notable consumers of packaging in the world is China. Growing consumer expenditure on packaged foods and general lifestyle improvements also contribute to the region's increased need for food containers. The need for effective and dependable food packaging solutions grows as customers adopt convenience and on-the-go consumption patterns more and more. Asia Pacific plays a crucial role in influencing industry dynamics because to its favorable governmental regulations, changing customer preferences, and demographic trends, as seen by its dominance in the worldwide food container market.

Food Container Market Top Key Players:

• Amcor plc - Australia
• Berry Global Group, Inc. - United States
• Ball Corporation - United States
• Crown Holdings, Inc. - United States
• Sonoco Products Company - United States
• Silgan Holdings Inc. - United States
• Huhtamäki Oyj - Finland
• Sealed Air Corporation - United States
• Tetra Pak International S.A. - Switzerland
• RPC Group plc - United Kingdom
• Greif, Inc. - United States
• Graphic Packaging Holding Company - United States
• Bemis Company, Inc. - United States
• Pact Group Holdings Ltd - Australia
• AptarGroup, Inc. - United States
• DS Smith Plc - United Kingdom
• Reynolds Group Holdings Limited - New Zealand
• Toyo Seikan Group Holdings, Ltd. - Japan
• Coveris Holdings S.A. - Luxembourg
• Mondi plc - United Kingdom
• Svenska Cellulosa Aktiebolaget (SCA) - Sweden
• SIG Combibloc Group AG - Switzerland
• Anchor Packaging, Inc. - United States
• Winpak Ltd. - Canada
• RPC Group plc - United Kingdom
• Packaging Corporation of America - United States
• Novolex Holdings, Inc. - United States
• DS Smith Plastics - United Kingdom
• Visy Industries - Australia
• Constar International Holdings LLC - United States and Others are Major Players.

Key Industry Developments in the Food Container Market:

• In Oct 2023, The acquisition of Moda Systems by Amcor plc enhanced its competitive stance in the worldwide flexible packaging sector.

1. INTRODUCTION
   1. RESEARCH OBJECTIVES
   2. RESEARCH METHODOLOGY
   3. RESEARCH PROCESS
   4. SCOPE AND COVERAGE
      1. Market Definition
      2. Key Questions Answered
   5. MARKET SEGMENTATION
2. EXECUTIVE SUMMARY
3. MARKET OVERVIEW
4. GROWTH OPPORTUNITIES BY SEGMENT
5. MARKET LANDSCAPE
   1. PORTER’S FIVE FORCES ANALYSIS
      1. Bargaining Power Of Supplier
      2. Threat Of New Entrants
      3. Threat Of Substitutes
      4. Competitive Rivalry
      5. Bargaining Power Among Buyers
   2. INDUSTRY VALUE CHAIN ANALYSIS
   3. MARKET DYNAMICS
      1. Drivers
      2. Restraints
      3. Opportunities
      4. Challenges
   4. MARKET TREND ANALYSIS
   5. REGULATORY LANDSCAPE
   6. PESTLE ANALYSIS
   7. PRICE TREND ANALYSIS
   8. PATENT ANALYSIS
   9. TECHNOLOGY EVALUATION
   10. MARKET IMPACT OF THE RUSSIA-UKRAINE WAR
       1. Geopolitical Market Disruptions
       2. Supply Chain Disruptions
       3. Instability in Emerging Markets
   11. ECOSYSTEM
6. FOOD CONTAINER MARKET SEGMENT BY MATERIAL (2017-2032)
   1. FOOD CONTAINER SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3.  PLASTIC
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2017-2032F)
      3. Historic And Forecasted Market Size in Volume (2017-2032F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. HYDROCEPHALUS METAL
   5. HYDROCEPHALUS GLASS
   6. HYDROCEPHALUS PAPER
7. FOOD CONTAINER MARKET SEGMENT BY PRODUCT (2017-2032)
   1. FOOD CONTAINER SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. BOTTLES& JARS
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2017-2032F)
      3. Historic And Forecasted Market Size in Volume (2017-2032F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. CANS
   5. BOXES
   6. CUPS & TUBS
8. FOOD CONTAINER MARKET SEGMENT BY APPLICATION (2017-2032)
   1. FOOD CONTAINER SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. FRUITS & VEGETABLES
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2017-2032F)
      3. Historic And Forecasted Market Size in Volume (2017-2032F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. DAIRY PRODUCTS
   5. MEAT PRODUCTS
   6. BAKERY & CONFECTIONERY
9. FOOD CONTAINER MARKET SEGMENT BY END-USERS (2017-2032)
   1. FOOD CONTAINER SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. HOTELS
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2017-2032F)
      3. Historic And Forecasted Market Size in Volume (2017-2032F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. RESTAURANTS & CAFES
   5. RETAIL FOOD CHAINS
   6. CINEMAS
   7. INSTITUTIONAL
   8. CANTEENS
10. FOOD CONTAINER MARKET SEGMENT BY DISTRIBUTION CHANNEL (2017-2032)
    1. FOOD CONTAINER SNAPSHOT AND GROWTH ENGINE
    2. MARKET OVERVIEW
    3. ONLINE
       1. Introduction And Market Overview
       2. Historic And Forecasted Market Size in Value (2017-2032F)
       3. Historic And Forecasted Market Size in Volume (2017-2032F)
       4. Key Market Trends, Growth Factors And Opportunities
       5. Geographic Segmentation Analysis
    4. OFFLINE
11. COMPANY PROFILES AND COMPETITIVE ANALYSIS
    1. COMPETITIVE LANDSCAPE
       1. Competitive Positioning
       2. FOOD CONTAINER Market Share By Manufacturer (2022)
       3. Industry BCG Matrix
       4. Heat Map Analysis
       5. Mergers & Acquisitions
    2. AMCOR PLC
       1. Company Overview
       2. Key Executives
       3. Company Snapshot
       4. Role of the Company in the Market
       5. Sustainability and Social Responsibility
       6. Operating Business Segments
       7. Product Portfolio
       8. Business Performance (Production Volume, Sales Volume, Sales Margin, Production Capacity, Capacity Utilization Rate)
       9. Key Strategic Moves And Recent Developments
       10. SWOT Analysis
    3.  BERRY GLOBAL GROUP, INC. - UNITED STATES
    4. BALL CORPORATION - UNITED STATES
    5. CROWN HOLDINGS, INC. - UNITED STATES
    6. SONOCO PRODUCTS COMPANY - UNITED STATES
    7. SILGAN HOLDINGS INC. - UNITED STATES
    8. HUHTAMÄKI OYJ - FINLAND
    9. SEALED AIR CORPORATION - UNITED STATES
    10. TETRA PAK INTERNATIONAL S.A. - SWITZERLAND
    11. RPC GROUP PLC - UNITED KINGDOM
    12. GREIF, INC. - UNITED STATES
    13. GRAPHIC PACKAGING HOLDING COMPANY - UNITED STATES
    14. BEMIS COMPANY, INC. - UNITED STATES
    15. PACT GROUP HOLDINGS LTD - AUSTRALIA
    16. APTARGROUP, INC. - UNITED STATES
    17. DS SMITH PLC - UNITED KINGDOM
    18. REYNOLDS GROUP HOLDINGS LIMITED - NEW ZEALAND
    19. TOYO SEIKAN GROUP HOLDINGS, LTD. - JAPAN
    20. COVERIS HOLDINGS S.A. - LUXEMBOURG
    21. MONDI PLC - UNITED KINGDOM
    22. SVENSKA CELLULOSA AKTIEBOLAGET (SCA) - SWEDEN
    23. SIG COMBIBLOC GROUP AG - SWITZERLAND
    24. ANCHOR PACKAGING, INC. - UNITED STATES
    25. WINPAK LTD. - CANADA
    26. RPC GROUP PLC - UNITED KINGDOM
    27. PACKAGING CORPORATION OF AMERICA - UNITED STATES
    28. NOVOLEX HOLDINGS, INC. - UNITED STATES
    29. DS SMITH PLASTICS - UNITED KINGDOM
    30. VISY INDUSTRIES - AUSTRALIA
    31. CONSTAR INTERNATIONAL HOLDINGS LLC - UNITED STATES AND OTHERS ARE MAJOR PLAYERS
12. GLOBAL FOOD CONTAINER MARKET BY REGION
    1. OVERVIEW
    2. NORTH AMERICA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Material
       4. Historic And Forecasted Market Size By Product
       5. Historic And Forecasted Market Size By Application
       6. Historic And Forecasted Market Size By Distribution Channel
       7. Historic And Forecasted Market Size By End-user
       8. Historic And Forecasted Market Size By Country
          1. USA
          2. Canada
          3. Mexico
    3. EASTERN EUROPE
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Russia
          2. Bulgaria
          3. The Czech Republic
          4. Hungary
          5. Poland
          6. Romania
          7. Rest Of Eastern Europe
    4. WESTERN EUROPE
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Germany
          2. United Kingdom
          3. France
          4. The Netherlands
          5. Italy
          6. Spain
          7. Rest Of Western Europe
    5. ASIA PACIFIC
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. China
          2. India
          3. Japan
          4. South Korea
          5. Malaysia
          6. Thailand
          7. Vietnam
          8. The Philippines
          9. Australia
          10. New-Zealand
          11. Rest Of APAC
    6. MIDDLE EAST & AFRICA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Turkey
          2. Bahrain
          3. Kuwait
          4. Saudi Arabia
          5. Qatar
          6. UAE
          7. Israel
          8. South Africa
    7. SOUTH AMERICA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Brazil
          2. Argentina
          3. Rest of South America
13. INVESTMENT ANALYSIS
14. ANALYST VIEWPOINT AND CONCLUSION
    1. Recommendations and Concluding Analysis
    2. Potential Market Strategies