Food Container Market Report to study various key drivers, Size, Share, Trends, Growth and analysis till 2023
Global Food Container Market—Type (Rigid, Flexible), Material (Plastic, Paper & Paperboard, Metal, Glass), Application (Fruits & Vegetables, Dairy, Meat Products, Frozen Food, Baked and Confectionary Products), Region — Forecast till 2023
(firmenpresse) - Food Container Market Scenario
The major challenge for food container manufacturers is to keep pace with the changing consumer preferences. Therefore, food container manufacturers have to come up with quality products which are fresh, leakage proof, airtight and innovative designs that are aesthetically pleasing.
Increasing awareness regarding environmental issues, adoption of new regulatory requirements by manufacturers, growing health awareness and development of new and eco-friendly packaging material are some of the factors driving the market towards growth. Furthermore, due to government rules and regulations, companies are investing in biodegradable plastics to cater to the demand for rigid packaging products.
Key Players
The key players of global Food Container Market include Bemis Company, Inc. (US), Berry Plastics Corporation (US), Crown (US), Graham Packaging Company (US), Graphic Packaging International, LLC (US), Ball Corporation (US), Constar International UK Ltd. (UK), Anchor Glass Container Corporation (US), Plastipak Holdings, Inc. (US), PRINTPACK (US).
Segmentation
The global food container market has been segmented based on type, material, application, product, and region.
On the basis of type, the market has been segmented into rigid and flexible packaging. Rigid containers are utilized extensively in the food & beverage industry for facilitating convenience in handling food products and preventing damages. Rigid packaging products have high stiffness, high impact strength, and high barrier properties. On the basis of material, the market has been segmented into plastic, paper & paper boards, metal, glass, and others. Plastic accounts for the highest share with respect to consumption in the manufacturing of food containers followed by paper & paper boards. Glass storage containers generally have a plastic lid that helps in keeping the container airtight. These containers are available in clear, frosted, and colored varieties.
Regional Analysis
North America accounts for the largest share of the market. The reasons contributing to the growth of the food container market in this region include growing use of packaged goods, reduce waste, increasing adoption of small-sized food containers in homes, and the demand for fresh foods. Asia-Pacific is the fastest growing region in the food container market, followed by Europe. The reasons contributing to the growth in this region include increasing disposable income, changing lifestyle, increased popularity of packaged food, and increasing aggregate demand for canned food among consumers.
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Datum: 29.04.2020 - 09:12 Uhr
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News-ID 611443
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Date of sending: 29/04/2020
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