Global Grab And Go Container Market Overview
As per MRFR analysis, the grab and go container market size was estimated at 2.19 (USD Billion) in 2022. The grab and go container market industry is expected to grow from 2.36(USD Billion) in 2023 to 4.57 (USD Billion) by 2032. The grab and go container market CAGR (growth rate) is expected to be around 7.62% during the forecast period (2024 - 2032).
Key Grab and Go Container Market Trends Highlighted
The grab and go container market is undergoing significant transformation, propelled by several key trends. The increasing popularity of convenience and time saving has spurred demand for on-the-go food and beverage options. The rise of single-serving packaging formats, including microwavable containers, portion control cups, and insulated travel mugs, caters to the growing trend of solo dining and snacks between meals. Additionally, the growing emphasis on sustainability and eco-friendliness has driven the adoption of reusable and biodegradable grab-and-go containers.
Rapid urbanization and the expansion of the food delivery industry have led to new opportunities for grab and go containers in the foodservice sector. Restaurants and cafes are increasingly seeking innovative packaging solutions that maintain food quality and presentation while ensuring convenience for delivery and takeout. The rise of e-commerce and online grocery shopping has also created demand for grab-and-go containers suitable for home delivery and meal preparation.
Technological advancements have also influenced the grab and go container market. Smart packaging with features such as temperature control, tamper-evident seals, and QR codes for product information and traceability is becoming more prevalent. The integration of Internet of Things (IoT) technology enables real-time monitoring and tracking of perishable goods, ensuring freshness and reducing waste.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Grab And Go Container Market Drivers
- Growing Demand for Convenience and Time-Saving Solutions
Grab and go containers have now become the in-thing among the consumer segment globally. They are an ideal solution to the problem of the fast pace of life. The different types of containers give freedom to consumers to enjoy their favorite food and beverages while moving around without having to worry about preparing or cleaning them. Such convenience is provided by many retailers and other typical retailers. The container has scored well among the millennial and Gen Z consumers as they are extremely pressed for time.
The grab and go containers are available in multiple retail formats like convenience stores, supermarkets, and all types of foodservice outlets. The Grab and Go Container Market is projected to show exponential growth in the future. Many of the key players in the market are pushing hard on research and development to come out with innovative grab-and-go solutions.
Rise of Single-Serve Packaging
The increasing popularity of single-serve packaging has contributed to the growth of the grab-and-go container market. Consumers are increasingly opting for single-serve products due to their convenience and portability. Grab-and-go containers offer a convenient way to package and consume single-serve portions of food and beverages.
This trend is particularly evident in the foodservice industry, where grab-and-go containers are widely used for packaging salads, sandwiches, and other single-serve meals. The rise of single-serve packaging is expected to continue to drive the growth of the Grab and Go Container Market.
Growing Health and Wellness Consciousness
Consumers are becoming increasingly health conscious and are seeking healthier food and beverage options. Grab-and-go containers offer a convenient way to enjoy healthy snacks and meals on the go. Manufacturers are responding to this trend by developing grab-and-go containers that are made from sustainable materials and that contain healthier ingredients. The growing health and wellness consciousness among consumers is expected to provide further impetus to the growth of the Grab and Go Container Market.
Grab And Go Container Market Segment Insights:
Grab And Go Container Market Material Insights
The Grab and Go Container Market is segmented based on material into plastic, paperboard, metal, and glass. Plastic held the largest market share in 2023 and is expected to continue its dominance throughout the forecast period.
The widespread adoption of plastic grab and go containers can be ascribed to their durability, lightweight, and cost-effectiveness. Moreover, plastic containers are commonly used to package various food and beverage items, including salads, sandwiches, wraps, on-the-go snacks, and others. The market’s growth is further driven by the increasing demand for convenience packaging.
However, the development of the paperboard material segment is significantly greater than that of plastic. grab and go containers made of paperboard are gaining popularity as the material is biodegradable, recyclable, and printable, making it an environmentally friendly choice for eco-conscious consumers.
The increasing meaning of climate and ecological well-being for customers has prompted an upsurge in the interest in sustainable packaging solutions. Meanwhile, Metal Grab and Go containers are popular because they are more durable and help maintain the temperature of the food contained.
They are used to package hot and cold foods, such as soups, stews, and ice cream. With the surge in the popularity of meal delivery services, the market growth of the metal grab and go container segment is expected to continue. In addition, glass containers are generally regarded as a more premium choice for packaging grab and go containers than other available materials.
Nevertheless, they are popular for the packaging of premium food and beverage items, and they have characteristics such as transparency, 100% recyclability, and inertness. The demand for grab and go containers made of glass has risen as customers seek aesthetically pleasing packages.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Grab And Go Container Market Closure Type Insights
The Grab and Go Container Market is segmented into closure type, which includes snap-on lids, screw-on lids, peel-off lids, and hinge lids. These closure types cater to various packaging needs and offer specific advantages.
Snap-on lids provide a convenient and secure closure, making them suitable for quick and easy access to food and beverages. Screw-on lids offer a tighter seal, ensuring the contents remain fresh and protected. Peel-off lids are easy to open, making them ideal for single-use packaging. Hinge lids provide a durable and reusable solution, allowing for multiple openings and closings.
In 2023, the snap-on lids segment held the largest share of the Grab and Go Container Market, accounting for around 40% of the total revenue. The convenience and ease of use of snap-on lids have contributed to their popularity in the market.
Screw-on lids are projected to witness significant growth in the coming years due to their superior sealing capabilities and ability to maintain product freshness. Peel-off lids are expected to gain traction owing to their suitability for single-serve packaging. Hinge lids are anticipated to grow steadily, driven by their durability and reusability.
Grab And Go Container Market Shape Insights
The shape segment of the Grab and Go Container Market is segmented into rectangular, round, oval, and square. Among these, the rectangular shape holds the largest market share due to its space-efficient design and ability to fit easily into refrigerators and lunch bags. The round shape segment is anticipated to witness significant growth over the forecast period owing to its portability and ease of handling.
Furthermore, the oval and square shapes are also gaining popularity due to their unique designs and aesthetics. The Grab and Go Container Market is projected to reach a valuation of USD 2.62 billion by 2024, exhibiting a CAGR of 7.8% during the forecast period. This growth is attributed to the increasing demand for convenience and portability, particularly among millennials and Gen Z consumers.
Grab And Go Container Market Capacity Insights
The Grab and Go Container Market is segmented by capacity into Under 100ml, 100ml-250ml, 250ml-500ml, and Over 500ml. In 2023, the 250ml-500ml segment held the largest market share, accounting for approximately 40% of the global market.
The over 500ml segment is expected to grow at the highest CAGR during the forecast period 2023-2032, due to increasing demand for large-size containers for food and beverage applications. The Grab and Go Container Market is expected to reach USD 497.5 million in 2024 and is projected to grow at a CAGR of 6.4% from 2024 to 2032. The market growth is attributed to the rising demand for convenient and portable food packaging solutions.
Grab And Go Container Market End Use Insights
The end use segment of the Grab and Go Container Market is categorized into food and beverage, cosmetics and personal care, pharmaceuticals, and industrial. Food and beverage is expected to dominate the market in 2023, with a market value of 1.23 billion USD, owing to the growing demand for convenient and portable packaging solutions in the food and beverage industry.
The cosmetics and personal care segment is projected to witness significant growth due to the rising popularity of single-serve and travel-sized personal care products. The pharmaceuticals segment is expected to contribute significantly to the market growth, driven by the increasing demand for innovative packaging solutions in the pharmaceutical industry. The Industrial segment is anticipated to show steady growth, primarily driven by the increasing use of grab and go containers in various industrial applications.
Grab And Go Container Market Regional Insights
The Grab and Go Container Market is segmented into North America, Europe, APAC, South America, and MEA. The APAC region is expected to hold the largest market share in 2023 and is projected to continue to grow at the highest CAGR during the forecast period 2023-2032.
The growth of the APAC market is attributed to the increasing demand for convenience food and beverages in the region. North America and Europe are also significant markets for grab and go containers, with their demand driven by the growing popularity of on-the-go dining and meal preparation. The South American and MEA markets are expected to witness steady growth during the forecast period, as more consumers in these regions adopt convenience-oriented lifestyles.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Grab And Go Container Market Key Players and Competitive Insights:
Major players in the grab and go container market are focusing on expanding their product portfolio and geographical presence to cater to the growing demand for grab and go containers. Leading grab and go container market players are also investing in research and development to develop innovative products that meet the evolving needs of consumers.
The grab and go container market is highly fragmented, with many small and medium-sized players. However, a few large players dominate the market, including Ecotainer, Pactiv, and Huhtamaki. These players have a strong presence in multiple regions and offer a wide range of grab and go container Market products. The grab and go container market is expected to witness significant growth in the coming years, driven by the increasing popularity of on-the-go food and beverage consumption.
A leading player in the grab and go container market is Ecotainer. The company offers a wide range of grab and go containers and associated products, including plastic cups, lids, and straws. Ecotainer has a strong presence in North America and Europe and is expanding its reach into new markets in Asia and Latin America. The company is also investing in research and development to develop new products and technologies that meet the changing needs of consumers.
A major competitor of Ecotainer in the grab and go container market is Pactiv. The company not only offers a similar range of grab and go container products as Ecotainer, but also has a strong presence in the packaging industry. Pactiv has a global presence and is expanding its reach into new markets in Asia and Africa. The company is also investing in research and development to develop new products and technologies that meet the changing needs of consumers.
Key Companies in the Grab and Go Container Market Include:
- DS Smith
- Mondi
- HarpakUlma
- AMCOR
- Elopak
- Greif
- Scholle IPN
- Sonoco Products
- PackagePlus
- Smurfit Kappa
- Pretium Packaging
- Liquibox
- Tetra Pak
- SIG Combibloc
- Sealed Air
Grab And Go Container Market Industry Developments
The Grab and Go Container Market is projected to reach USD 4.57 billion by 2032, exhibiting a CAGR of 7.62% during the forecast period (2024-2032). Increasing demand for convenience food and beverages, coupled with the growing popularity of e-commerce and home delivery services, is driving market growth. Furthermore, rising disposable income and changing consumer lifestyles are contributing to the market's expansion.Recent news developments include the launch of reusable and sustainable Grab and Go containers by major players to cater to environmental concerns. Additionally, advancements in packaging technologies, such as tamper-proof and microwave-safe containers, are enhancing the market's growth prospects.
Grab And Go Container Market Segmentation Insights
Grab And Go Container Market Material Outlook
- Plastic
- Paperboard
- Metal
- Glass
Grab And Go Container Market Closure Type Outlook
- Snap-on Lids
- Screw-on Lids
- Peel-off Lids
- Hinge Lids
Grab And Go Container Market Shape Outlook
- Rectangular
- Round
- Oval
- Square
Grab And Go Container Market Capacity Outlook
- Under 100ml
- 100ml-250ml
- 250ml-500ml
- Over 500ml
Grab And Go Container Market End Use Outlook
- Food and Beverage
- Cosmetics and Personal Care
- Pharmaceuticals
- Industrial
Grab And Go Container Market Regional Outlook
- North America
- Europe
- South America
- Asia Pacific
- Middle East and Africa
| Report Attribute/Metric |
Details |
| Market Size 2022 |
2.19 (USD Billion) |
| Market Size 2023 |
2.36 (USD Billion) |
| Market Size 2032 |
4.57 (USD Billion) |
| Compound Annual Growth Rate (CAGR) |
7.62% (2024 - 2032) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Base Year |
2023 |
| Market Forecast Period |
2024 - 2032 |
| Historical Data |
2019 - 2023 |
| Market Forecast Units |
USD Billion |
| Key Companies Profiled |
DS Smith, Mondi, HarpakUlma, AMCOR, Elopak, Greif, Scholle IPN, Sonoco Products, PackagePlus, Smurfit Kappa, Pretium Packaging, Liquibox, Tetra Pak, SIG Combibloc, Sealed Air |
| Segments Covered |
Material, Closure Type, Shape, Capacity, End Use, Region |
| Key Market Opportunities |
1.      Digital transformation 2.      Sustainability 3.      Ecommerce Personalization 4.      Healthcare |
| Key Market Dynamics |
1.      Growing demand for convenience 2.      Expanding food delivery services 3.      Rising disposable income 4.      Environmentally conscious consumers 5.      Technological advancements |
| Countries Covered |
North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The Grab and Go Container Market reached a valuation of 2.36 billion USD in 2023.
The Grab and Go Container Market is projected to grow at a CAGR of 7.62% from 2023 to 2032.
North America is expected to hold the largest market share in the Grab and Go Container Market, owing to the increasing demand for convenience and on-the-go food options.
The food and beverage segment is anticipated to account for the highest revenue in the Grab and Go Container Market due to the rising popularity of ready-to-eat meals and snacks.
Some of the key competitors in the Grab and Go Container Market include Huhtamaki, Amcor, Berry Global, Genpak, and Faerch Plast.
The growth of the Grab and Go Container Market is primarily driven by the increasing demand for convenience, the rising popularity of on-the-go food options, and the growing awareness of environmental sustainability.
The Grab and Go Container Market faces challenges such as the availability of sustainable and cost-effective packaging materials, stringent regulations on food packaging, and the intense competition among market players.
Emerging trends in the Grab and Go Container Market include the adoption of sustainable packaging solutions, the integration of smart packaging technologies, and the growing demand for customized packaging designs.
The Grab and Go Container Market is projected to reach a valuation of 4.57 billion USD by 2032.
The Asia-Pacific region is expected to grow at the highest CAGR in the Grab and Go Container Market, owing to the increasing population, rising disposable income, and growing urbanization.
