Home / Packaging / Food Containers Market By Application (Ba-kery, Dairy, Fruit And Vegetables, Processed Meat & Others), By Product Type (Flexible Packaging, Rigid Packaging, Paperboard & Others) - Growth, Future Prospects, Competitive Analysis And Forecast To 2021 - 2029

Food Containers Market By Application (Ba-kery, Dairy, Fruit And Vegetables, Processed Meat & Others), By Product Type (Flexible Packaging, Rigid Packaging, Paperboard & Others) - Growth, Future Prospects, Competitive Analysis And Forecast To 2021 - 2029


Food containers are usually utilized in the form of sacks, flexible bags, rigid plastic containers, paperboard, metal containers, and others. Rising significance of ready to eat food has strengthened the demand for food containers in all over the world. The substantial increase in food output as well as convenience of carrying, packaging and consumption has gained popularity among customers in today’s time. It has been notified that the number of women in service sector and other job related field has intensified over the past few years and this has ultimately increased the consumption of packed foods among urban people and has strengthened the demand for food containers all over the world. Rising awareness related to environmental concerns, development of new packaging material as well as escalating health consciousness among people is likely to fuel the growth of food containers market from 2021-2029. Besides this, escalating consumption of packaged eatables and processed food is anticipated to bolster the growth of food containers market in the next few years from 2021 to 2029.

Food Containers Market

Change in lifestyle along with increased consumption of packaged food products is expected to drive the growth of global food containers market over the forecast period. The convenience provided by the type of containers in carrying and packaging has obtained significance among consumers. The increasing production of food as well as change in lifestyle is expected to intensify the growth of food containers market over the forecast period. The advantages being offered by plastic containers as compared to glass and metal is anticipated to favorably impact the growth of food containers market between 2021 and 2029.

Food containers market has been estimated to be valued at US$ 306.5 Bn by the end of 2021 and is expected to attain revenue of US$ 457.5 Mn by 2029, expanding at a CAGR of 4.8% during the forecast period 2021-2029.

Purpose of the Report

The purpose of this strategic research study titled “Global Food Containers Market - Growth, Future Prospects, and Competitive Analysis 2021 – 2029” is to provide company executives, industry investors, and industry participants with in-depth insights to enable them make informed strategic decisions regarding the opportunities in the global food containers market.

Target Audience

  • Industry Investors
  • Research Professionals
  • Emerging Companies
  • Raw Material Suppliers/ Buyers
  • Product Suppliers/ Buyers
  • Research Institutes

USP and Key Offerings

The report titled “Global Food Containers Market - Growth, Future Prospects, and Competitive Analysis 2021 – 2029” offers strategic insights into the global food containers market along with the market size and estimates for the duration 2019 to 2029. The said research study covers in-depth analysis of multiple market segments based on product type and application and cross-sectional study across different geographies. In order to help strategic decision makers, the report also includes competitive profiling of the leading food containers vendors, their expansion strategies, market positioning, and latest developments. Other in-depth analyses provided in the report include:

  • Current and future market trends to justify the forthcoming attractive markets within food containers industry
  • Market fuelers, market impediments, and their impact on the market growth
  • In-depth competitive environment analysis
  • Trailing 3-Year market size data (2019 – 2020)
  • SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global food containers market, of growth, offering market size and estimates for the period from 2019 to 2029, keeping in mind the above mentioned factors.

On the basis of product type, the food containers market is categorized into following types:

  • Flexible Packaging
  • Rigid Packaging
  • Paperboard
  • Others                                                

The food containers market has been observing significant amount of innovation in development of containers. By product type, the food containers market growth is segmented by flexible packaging, rigid packaging, paperboard, and others. In 2020, flexible packaging segment contributed highest share in the total revenue of global food containers market. Rising significance of thin film packaging in nutritional supplement industry as a medium for shelf life for finished goods is anticipated to intensify the growth of global food containers market over the forecast period. Rigid packaging is expected to gain traction in future due to technological up gradation and adoption of biodegradable plastics by companies.

On the basis of application, the food containers market is categorized into following types:

  • Bakery
  • Dairy
  • Fruit and Vegetables
  • Processed Meat
  • Others

The significant demand for convenience food products all over the world has intensified the demand for food containers. A substantial inclination in output of food all over the world is expected to bolster the demand for food containers market during the forecast period. Processed meat products marked the highest share in the total global food containers market in 2020. The innovation and development of new products by key food container vendors is anticipated to foster the global food containers market over the forecast period.

Inclination towards naturally manufactured products and changing mindset of consumer towards sustainable and packed goods is anticipated to bolster the growth of food containers market over the period 2021-2029. The global food containers market is segment on the basis of geography. Asia Pacific contributed the highest revenue share in total food containers market with a contribution of more than 30% in 2020. Followed by it, North America stood at second position in the same year. Rising urbanization, higher health awareness and consciousness along with high population spending in these developed regions is anticipated to contribute for double digit growth rate of these regions during the projected period. The booming food and beverage sector in Middle East and Africa as well as Latin American countries is anticipated to spur the growth of food containers market in these regions over the period 2021-2029.

Historical & Forecast Period

This study report represents analysis of each segment from 2020 to 2030 considering 2021 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2030.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Food Containers market are as follows:

  • Research and development budgets of manufacturers and government spending
  • Revenues of key companies in the market segment
  • Number of end users and consumption volume, price and value.
  • Geographical revenues generate by countries considered in the report
  • Micro and macro environment factors that are currently influencing the Food Containers market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

ATTRIBUTE DETAILS
Research Period  2020-2030
Base Year 2021
Forecast Period  2022-2030
Historical Year  2020
Unit  USD Million
Segmentation
Application
  • Bakery
  • Dairy
  • Fruits and Vegetables
  • Processed Meat
  • Others

Product
  • Flexible Packaging
  • Rigid Packaging
  • Paperboard
  • Others

 Region Segment (2020–2030; US$ Million)

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • UK and European Union
    • UK
    • Germany
    • Spain
    • Italy
    • France
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • GCC
    • Africa
    • Rest of Middle East and Africa
Global Impact of Covid-19 Segment (2020-2021; US$ Million )
  • Pre Covid-19 situation
  • Post Covid-19 situation

Key questions answered in this report

  • What are the key micro and macro environmental factors that are impacting the growth of Food Containers market?
  • What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
  • Estimated forecast and market projections up to 2030.
  • Which segment accounts for the fastest CAGR during the forecast period?
  • Which market segment holds a larger market share and why?
  • Are low and middle-income economies investing in the Food Containers market?
  • Which is the largest regional market for Food Containers market?
  • What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
  • Which are the key trends driving Food Containers market growth?
  • Who are the key competitors and what are their key strategies to enhance their market presence in the Food Containers market worldwide?
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