Food Container Market, By Material (Plastic, Metal, Glass, and Others), By Product (Bottles & Jars, Cans, Cups & Tubs, Boxes, and Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

The global food container market is estimated to be valued at USD 172.31 Bn in 2024 and is expected to reach USD 231.36 Bn by 2031, growing at a compound annual growth rate (CAGR) of 4.3% from 2024 to 2031.

Figure. Food Container Market Share (%), By Region, 2024

The global food container market has been witnessing steady growth in the recent years. Food container refers to packaging products that are used for packaging various food products. Rising demand for convenient packaging from both the food service industry as well as the retail sector have been driving the market growth. Food containers help in maintaining the freshness of food, provide protection from external contamination, and enable easy transportation and storage of food products. Innovations in materials and designs of food containers to improve functionality and sustainability have boosted their demand from diverse food industries worldwide. Moreover, growing health consciousness among consumers have increased the demand for healthy convenient packaged food options, thus benefitting the food container market. However, rising raw material prices remain a key challenge for the market.

Market Dynamics:

The global food container market is witnessing stable growth driven by various factors. Rapid urbanization coupled with the increasing number of working population has fueled the demand for convenient packaging from food service outlets as well as the retail sector. Changing consumer lifestyle and rising preference for easy-to-carry packaged food are driving the uptake of various food containers such as cups, trays, plates, wraps, and pouches. Rising health awareness among consumers has augmented the demand for healthy takeaway food options, thus positively impacting the market growth. Growing consumption of baked goods, salads, desserts and fast food has also contributed to the food container sales. However, high raw material prices owing to supply chain disruptions post pandemic remain a key challenge. Moreover, increasing consumer awareness about non-biodegradable plastics also poses a threat to certain packaging materials. Manufacturers are focused on developing innovative sustainable packaging solutions to counter such restraints.

Key Features of the Study:

• This report provides an in-depth analysis of the global food container market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year.
• It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market.
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players.
• It profiles key players in the global food container market based on the following parameters company highlights, products portfolio, key highlights, financial performance, and strategies.
• Key companies covered as a part of this study include Amcor plc, Silgan Holdings, Inc., Ardagh Group, Berry Plastics Corp., Plastipak Holdings, Inc., Sonoco Products Company, Graham Packaging Company, Inc., Weener Plastics, Ball Corp., Tetra Pak, Arafhat Plastics, Prithvi Polymer Industries Pvt. Ltd., weorex , Zaika Plastopacks, and Ambika Packaging.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
• The global food container market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global food container market.

Detailed Segmentation-

• By Material:
  • Plastic
  • Metal
  • Glass
  • Others
• By Product:
  • Bottles & Jars
  • Cans
  • Cups & Tubs
  • Boxes
  • Others
• By Region:
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
• Company Profiles:
  • Amcor plc
  • Silgan Holdings, Inc.
  • Ardagh Group
  • Berry Plastics Corp.
  • Plastipak Holdings, Inc.
  • Sonoco Products Company
  • Graham Packaging Company, Inc.
  • Weener Plastics
  • Ball Corp.
  • Tetra Pak
  • Arafhat Plastics
  • Prithvi Polymer Industries Pvt. Ltd.
  • weorex
  • Zaika Plastopacks
  • Ambika Packaging.