Food Containers Global Market Report 2024

Description

“Food Containers Global Market Report 2024 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on food containers market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
Measure the impact of high global inflation on market growth.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
Understand customers based on the latest market shares.
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Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
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Where is the largest and fastest growing market for food containers? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The food containers market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

1) By Product: Bottles and Jars; Cans; Cups and Tubs; Boxes
2) By Material: Plastic; Metal; Glass
3) By Application: Meat Products; Dairy Products; Bakery Products; Fruits and Vegetables
Companies Mentioned: Amcor plc; Plastipak Holdings Inc.; Sonoco Products Company; Graham Packaging Company Inc.; Ball Corporation
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

A food container is a receptacle typically made of metal, plastic, or wood, designed for the storage and transportation of food from one location to another. Its primary function is to protect food items, preventing damage or microbial contamination and thereby extending the shelf life of the stored food. Food containers come in various forms, such as bags, plastic containers, or glass containers.

Key products within the food containers market include bottles and jars, cans, cups and tubs, and boxes. Bottles and jars in the food containers market are specifically designed for the storage of liquids and semiliquid foods and beverages. They are characterized by high permeability and the inability to be sealed with heat, ensuring the safety of the contents. The primary materials used in the production of food containers are plastic, metal, and glass. These containers find application in storing a variety of food products, including meat, dairy, bakery items, and fruits and vegetables.

The food containers market research report is one of a series of new reports from The Business Research Company that provides food containers market statistics, including food containers industry global market size, regional shares, competitors with a food containers market share, detailed food containers market segments, market trends and opportunities, and any further data you may need to thrive in the food containers industry. This food containers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The food containers market size has grown strongly in recent years. It will grow from $275.51 billion in 2023 to $300.63 billion in 2024 at a compound annual growth rate (CAGR) of 9.1%. The growth observed in the historic period can be attributed to several factors. These include a heightened focus on food preservation and extending shelf life, the increasing demand for convenience aligning with on-the-go lifestyles, the effects of urbanization and population growth leading to greater reliance on food containers, adherence to food safety regulations prompting the use of suitable storage solutions, and growing concerns about sustainability influencing the choice of food packaging materials.

The food containers market size is expected to see strong growth in the next few years. It will grow to $435.82 billion in 2028 at a compound annual growth rate (CAGR) of 9.7%. The anticipated growth in the forecast period can be ascribed to factors such as the increasing emphasis on customization and branding, rising concerns related to health and safety, the surge in online food delivery services and meal kit subscriptions, and evolving regulatory changes and packaging standards. Noteworthy trends expected in the forecast period include advancements in material science, the growing popularity of meal preparation and portion control solutions, the exploration of alternatives to single-use plastics, the integration of smart packaging technologies, and a heightened focus on eco-friendly packaging solutions.

The anticipated surge in the consumption of processed and packaged frozen foods is set to drive the growth of the food container market. Processed foods, containing various additives such as artificial colors or flavors, have been linked to health issues like obesity, diabetes, and heart disease. The current fast-paced lifestyles have led to an increased preference for processed and frozen packaged foods. This heightened demand drives the production and packaging industries to develop more nutritious products while minimizing adverse effects. In 2022, the American Frozen Food Institute reported that frozen food sales in the US surpassed $72 billion, with nearly 98.6% of households purchasing frozen food at least once annually. Thus, the rising demand for processed and packaged foods is fueling the need for food containers.

The substantial global increase in food production is expected to be a significant driver of growth in the food container market. Food production involves converting raw materials into consumable products, and food containers play a crucial role in maintaining food quality, prolonging shelf life, ensuring safety, and meeting the demands of a diverse and expanding food production landscape. According to the Organisation for Economic Co-operation and Development's 2022 report, the number of food items globally has surged by 700% from the previous year. This remarkable escalation in food output is poised to propel the food container market forward.

Technological advancements represent a notable trend gaining momentum within the food container market. Advanced technologies have revolutionized the food manufacturing industry, introducing concepts such as recyclable packaging, smart packaging, and micro packaging to enhance food preservation and prevent direct contamination. Recyclable materials, particularly in the packaging industry, facilitate the implementation of circular packaging practices. Additionally, recyclable packaging technologies focus on mono-material packaging, eliminating the need for multi-layer packaging systems. Technological innovations, including recyclable packaging solutions, epitomize the advancement of knowledge-driven technology. For example, in October 2022, Huhtamaki Oyj, a Finland-based consumer packaging company, unveiled an innovative, recyclable ice cream packaging solution based on paper-based technology. This development represents a breakthrough in environmentally friendly and recyclable food containers.

Leading companies within the food container market are directing significant investments towards recycling initiatives to secure a competitive edge. These investments focus on transforming polyethylene terephthalate (P.E.T) flakes into food-grade recycled pellets. For example, in May 2021, Plastipak, a US-based company specializing in the design, manufacturing, and recycling of plastic containers, unveiled a substantial investment in recycling at its manufacturing facility in Toledo, Spain. This newly established recycling facility is dedicated to converting PET flakes into food-grade recycled PET (rPET) pellets, suitable for direct utilization in new preforms, bottles, and containers.

In December 2021, Sonoco, a US-based sustainable packaging enterprise, completed the acquisition of Ball Metalpack for a deal valued at $1.35 billion. This strategic acquisition is anticipated to broaden Sonoco's sustainable packaging portfolio by integrating Ball Metalpack's expertise in metal packaging, recognized as the most recycled packaging material in the United States. Ball Metalpack, a US-based manufacturer, specializes in producing sustainable metal packaging solutions for food and household products, aligning with Sonoco's commitment to enhancing its sustainable packaging offerings.

Major companies operating in the food containers market include: Amcor PLC, Plastipak Holdings Inc., Sonoco Products Company, Graham Packaging Company Inc., Ball Corporation, Printpack Incorporated, Ardagh Group, Tetra Laval International S.A., Bemis Company Inc., Graphic Packaging International LLC, Anchor Glass Container Corporation, Caraustar Industries Incorporated, Evergreen Packaging, Anchor Packaging Inc., Berry Global Group Inc., Cambro Manufacturing Company, CKS Packaging Inc., Crown Holdings Inc., Dart Container Corporation, D&W Fine Pack LLC, Eco-Products Inc., Fabri-Kal Corporation, Genpak LLC, Georgia-Pacific LLC, Huhtamaki Oyj, Inline Plastics Corporation, International Paper Company, Libbey Inc., Menasha Packaging Company LLC, Novolex Holdings LLC, Pactiv LLC, Placon Corporation, Polytainers Inc., Reynolds Group Holdings Limited, Sabert Corporation

Asia-Pacific was the largest region in the food containers market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the food containers market share report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

The countries covered in the food containers market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The food container market consists of sales of rigid containers, pouches, flexible containers, paper and paperboard material, polyvinyl chloride, polyurethane, and polypropylene terephthalate. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Product Code: r9611

1. Executive Summary

2. Food Containers Market Characteristics

3. Food Containers Market Trends And Strategies

4. Food Containers Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market

5. Global Food Containers Market Size and Growth

5.1. Global Food Containers Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Food Containers Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Food Containers Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Food Containers Market Segmentation

6.1. Global Food Containers Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Bottles and Jars
Cans
Cups and Tubs
Boxes
6.2. Global Food Containers Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Plastic
Metal
Glass
6.3. Global Food Containers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Meat Products
Dairy Products
Bakery Products
Fruits and Vegetables

7. Food Containers Market Regional And Country Analysis

7.1. Global Food Containers Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Food Containers Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Food Containers Market

8.1. Asia-Pacific Food Containers Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Food Containers Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Food Containers Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Food Containers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Food Containers Market

9.1. China Food Containers Market Overview
9.2. China Food Containers Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Food Containers Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Food Containers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Food Containers Market

10.1. India Food Containers Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Food Containers Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Food Containers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Food Containers Market

11.1. Japan Food Containers Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.2. Japan Food Containers Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Food Containers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Food Containers Market

12.1. Australia Food Containers Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Food Containers Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Food Containers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Food Containers Market

13.1. Indonesia Food Containers Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Food Containers Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Food Containers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Food Containers Market

14.1. South Korea Food Containers Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.2. South Korea Food Containers Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Food Containers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Food Containers Market

15.1. Western Europe Food Containers Market Overview
15.2. Western Europe Food Containers Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Food Containers Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Food Containers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Food Containers Market

16.1. UK Food Containers Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Food Containers Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Food Containers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Food Containers Market

17.1. Germany Food Containers Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Food Containers Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Food Containers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Food Containers Market

18.5. France Food Containers Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.6. France Food Containers Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.7. France Food Containers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Food Containers Market

19.9. Italy Food Containers Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.10. Italy Food Containers Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.11. Italy Food Containers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Food Containers Market

20.13. Spain Food Containers Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.14. Spain Food Containers Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.15. Spain Food Containers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Food Containers Market

21.1. Eastern Europe Food Containers Market Overview
21.2. Eastern Europe Food Containers Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Food Containers Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Food Containers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Food Containers Market

22.1. Russia Food Containers Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Food Containers Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Food Containers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Food Containers Market

23.1. North America Food Containers Market Overview
23.2. North America Food Containers Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Food Containers Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Food Containers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Food Containers Market

24.1. USA Food Containers Market Overview
24.2. USA Food Containers Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Food Containers Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Food Containers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Food Containers Market

25.1. Canada Food Containers Market Overview
25.2. Canada Food Containers Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Food Containers Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Food Containers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Food Containers Market

26.1. South America Food Containers Market Overview
26.2. South America Food Containers Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Food Containers Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Food Containers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Food Containers Market

27.1. Brazil Food Containers Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Food Containers Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Food Containers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Food Containers Market

28.1. Middle East Food Containers Market Overview
28.2. Middle East Food Containers Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Food Containers Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Food Containers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Food Containers Market

29.1. Africa Food Containers Market Overview
29.2. Africa Food Containers Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Food Containers Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Food Containers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Food Containers Market Competitive Landscape And Company Profiles

30.1. Food Containers Market Competitive Landscape
30.2. Food Containers Market Company Profiles
- 30.2.1. Amcor plc
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. Plastipak Holdings Inc.
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. Sonoco Products Company
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. Graham Packaging Company Inc.
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. Ball Corporation
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Global Food Containers Market Competitive Benchmarking

32. Global Food Containers Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Food Containers Market

34. Food Containers Market Future Outlook and Potential Analysis

34.1 Food Containers Market In 2028 - Countries Offering Most New Opportunities
34.2 Food Containers Market In 2028 - Segments Offering Most New Opportunities
34.3 Food Containers Market In 2028 - Growth Strategies
34.3.1 Market Trend Based Strategies
34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations
35.2. Currencies
35.3. Historic And Forecast Inflation Rates
35.4. Research Inquiries
35.5. The Business Research Company
35.6. Copyright And Disclaimer