Food Container Market is predicted to reach USD 410.51 Billion at a CAGR of 4.11% during the forecast period

Food Container Market is predicted to reach USD 410.51 Billion at a CAGR of 4.11% during the forecast period

Market Research Future (MRFR) has published on the “Global Food Container Market”.


The Food Container market is estimated to register a CAGR of 4.11% during the forecast period of 2023 to 2030.


MRFR recognizes the following companies as the key players in the global Food Container market— Bemis Company Inc, Berry Plastics Corporation, Seal Packaging, Graham Packaging Company, Graphic Packaging International, Ball Corporation, Constar International UK Ltd, Anchor Glass Container Corporation, Plastipak Holdings Inc, and PRINTPACK.


Market Highlights


The global Food Container market is accounted to register a CAGR of 4.11% during the forecast period and is estimated to reach USD 410.51 Billion by 2030.


The in-mold labels market encompasses the production and distribution of labels that are directly integrated into a product's packaging during the manufacturing process. These labels become an integral part of the package, providing durability, branding, and cost efficiency, primarily in industries like food, beverages, and cosmetics. The market's growth is driven by its streamlined application process, enhanced aesthetics, and label's resistance to wear and tear.


Segment Analysis


The global Food Container market has been segmented based on Type, Material, and Application.


On the basis of Type, the market is segmented into Rigid and Flexible. In 2022, the Rigid sector will account for the majority of income generated by food containers worldwide. Due to its many benefits, including its high barrier qualities, high impact strength, and high rigidity, rigid packaging is frequently used in the market to package foods and drinks since it helps to avoid damage and makes handling easier.


Based on Material, the global Food Container market has been segmented into Plastic, Paper & Paperboard, Metal, and Glass. The market was controlled by the Plastic category. The plastic's resistance to harsh environmental conditions and light weight, which makes the product easy to handle and transfer, are factors in this market segment's expansion.


Based on Application, the global Food Container market has been segmented into Fruits & Vegetables, Dairy, Meat Products, Frozen Foods, Baked, and Confectionary Products. The Frozen Food segment is the largest segment of the market.


Regional Analysis


The global Food Container market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Food Container market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Food Container market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Food Container market comprises of Middle East, Africa, and Latin America.


The North America Food Container Market dominated this market in 2022 This is brought on by an increase in the use of packaged goods, a rise in the acceptance of tiny food containers in the home, a decline in waste, and a rise in the demand for fresh foods.


The market's fastest-growing region is the Asia-Pacific region. This is ascribed to shifting consumer lifestyles, rising canned food demand, rising disposable income, and rising acceptance of packaged items.


Additionally, In North America, demand for sustainable and convenient packaging solutions drives the adoption of eco-friendly materials. Europe showcases a focus on minimizing plastic waste, boosting the usage of recyclable and biodegradable containers. Asia-Pacific experiences rapid growth due to urbanization, changing lifestyles, and increasing packaged food consumption. Latin America witnesses a blend of traditional and modern packaging methods to cater to diverse local preferences. The Middle East embraces innovative packaging for convenience in fast-paced urban environments. Africa's market is evolving, influenced by urbanization and the need for efficient food storage solutions. Overall, regional factors and consumer demands shape the food container market dynamics.


Key Findings of the Study



  • The global Food Container market is expected to reach USD 410.51 Billion by 2030, at a CAGR of 4.11% during the forecast period.

  • The North America Food Container Market dominated this market in 2022 This is brought on by an increase in the use of packaged goods, a rise in the acceptance of tiny food containers in the home, a decline in waste, and a rise in the demand for fresh foods.

  • Based on Application, The Frozen Food segment is the largest segment of the market.

  • Bemis Company Inc, Berry Plastics Corporation, Seal Packaging, Graham Packaging Company, Graphic Packaging International, Ball Corporation, Constar International UK Ltd, Anchor Glass Container Corporation, Plastipak Holdings Inc, and PRINTPACK.


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