According to Market Research Future (MRFR), the Global Food Storage Container Market is expected to gain an unprecedented value of USD 347,993.6 Million by 2023 with a CAGR of 4.19% during the forecast period (2018–2023). The global food storage container market is likely to hold substantial value.
The increasing concern regarding the environment is anticipated to be an important factor driving the global food storage container market 2020. Besides, the surging urbanization and the population has resulted in an upgraded standard of living, resulting in changed food habits of the consumer, which has actuated the global storage container market size. Furthermore, the work constraints have resulted in increased usage and demand for stored food. In addition, the increased demand for perishable products such as dairy products and meat has posed several opportunities for expansion.
Key Players
The distinguished organization of the global Food Storage
Container market are Berry Plastics Corporation (US), Bemis Company, Inc. (US),
Crown (US), Graphic Packaging International, LLC (US), Graham Packaging Company
(US), Ball Corporation (US), Anchor Glass Container Corporation (US), Constar
International UK Ltd. (UK), Plastipak Holdings, Inc. (the US), PRINTPACK (US),
and a few others.
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Market Segmentation
·
On the
basis of material, the global food storage container market can be
distinguished into glass, paper & paper boards, plastic, metal, and
others
·
On the
basis of product, the global food storage container market can be
distinguished into pouches, bags, containers, and others
·
On the
basis of application, the global food storage container market can be
distinguished into dairy products, fruits & vegetables, meat products,
baked and confectionery, and frozen foods.
·
On the
basis of type, the distinguished food storage container market can be
segmented into rigid and flexible packaging.
·
On the
basis of geography, the distinguished food storage container market can
be segmented into North America, Europe, Asia-Pacific, and the Rest of the
World (RoW).
Regional Analysis
The geographical evaluation of North America, Europe, Asia-Pacific, and the Rest of the World (RoW) has been performed. The market is likely to expand significantly during the review period. The APAC region is likely to reign the worldwide market during the assessment period. The most significant reason for regional expansion is the increasing demand for FMCGs. Moreover, the region is prospering due to the increased disposable income, growing popularity of packaged food, and the changed lifestyle.
Europe has attained the second position. The stored food is gaining popularity due to the rising amount of food packaging constructed of bioplastics. Also, the rising demand for sustainable packaging products among consumers is another pivotal factor leading to market growth. On the other side, North America is likely to acquire the largest share of the market. The most significant factor leading to regional growth is the reduced waste, growing usage of packaged food, and the growing adoption of small-sized food containers.
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Information: https://www.marketresearchfuture.com/reports/food-storage-container-market-7725
Major Highlights of TOC Covers:
1. Executive Summary
2. Key Business Trends
3. Regional Trends and Growth
4. Product Trends
5. End-use Trends
6. Definition and Forecast Parameters
7. Food Storage Container Market Segmentation
8. Food Storage Container Market Landscape
9. Vendor Matrix
10. Company Profiles
11. Business Overview
12. Financial Data
13. Product Landscape
More…
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