Food Container Market Size, Share & Analysis Report, 2022-2030
The global food container market was valued at US$ 283.18 billion in 2021 and is expected to reach over US$ 410.5 billion by 2030, poised to grow at a compound annual growth rate (CAGR) of 4.2% from 2021 to 2030.
The market growth is expected to be driven by the growing demand for packaged food products across the globe. Moreover, the convenience offered by these containers in packaging, carrying, and transporting food products is another major factor driving the product demand in the global market. Packaged foods primarily include Ready-To-Eat (RTE) meals, RTE convenience foods, frozen meals, cake mixes, snacks, desserts, among others. The growing demand for these products is expected to force manufacturers to enhance production capacities, which, in turn, will fuel the demand for food containers over the forecast period. Due to the COVID-19 pandemic, the market witnessed sluggish growth in 2020.
Raw material shortage due to supply chain disruption resulted in the reduced production of food containers. Several major players witnessed a decline in their annual revenue in 2020. For instance, the annual turnover of Amcor plc reduced by approximately 6% in 2020 compared to 2019.
As the food items come under the essential products, the demand for the packaged food items has increased during the pandemic. Moreover, with the deep market penetration and the strong supply chain of established food brands in several economies, the demand for food containers has not witnessed a downfall. However, the turnover of various big companies, such as Amcor plc, has declined in 2020 due to supply chain disruptions and transportation restrictions.
Food containers help in increasing the shelf life of products by preserving and preventing food from deterioration. Increasing consumer awareness regarding sustainability and environmental issues is expected to influence the market. Moreover, the increasing focus of manufacturers on innovation and aesthetics of the food containers is also significantly attracting food manufacturers to offer their products in different innovative food packaging, which, in turn, is expected to fuel the market growth in the near future.
Scope of the Food Container Market
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Report Highlights |
Details |
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Market Size |
US$ 410.5 Billion by 2030 |
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Growth Rate |
CAGR of 4.2% from 2021 to 2030 |
|
Largest Market |
North America |
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Fastest Growing Region |
Asia Pacific |
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Base Year |
2021 |
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Forecast Period |
2021 to 2030 |
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Segments Covered |
Material Type, Product Type, Region |
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Companies Mentioned |
PRINTPACK, Graham Packaging Company, Bemis Company Inc., Ball Corporation, Constar International UK Ltd., Anchor Glass Container Corporation, Crown, Berry Plastics Corporation, Plastipak Holdings Inc., Graphic Packaging International LLC |
Material Insights
The plastic segment dominated the global food container market in 2020. Due to its numerous advantages over other materials, plastic is the most widely used material in the packaging industry. Plastic is more energy efficient to manufacture than other materials and is lighter than other materials. Food containers made of plastic are commonly available and sold in retail stores. Food containers can range in quality from low to high quality depending upon its thickness.
The glass segment is fastest growing segment of the food container market in 2020. The glass containers are also becoming more popular, and they come in colored, frosted, and clear variants. Furthermore, the glass substance aids in the preservation of food for the long period of time.
Product Insights
The bottles and jars segment dominated the food container market in 2020. In the rigid food packaging market, bottles and jars are the most extensively used products in the market.
The cups and tubs segment, on the other hand, is predicted to develop at a rapid rate over the projection period. This is due to its extraordinary application, which is mostly for thick food products. It also increases the shelf life of the food products.
Regional Insights
Asia Pacific dominated the global market in 2020 accounting for a revenue share of over 36% and is estimated to be the fastest-growing regional marker from 2021 to 2028. This can be credited to the rapidly growing food processing industry in the region due to strong government support. The countries, such as India, China, and Japan, are the major contributors to the growth of the APAC regional market.
According to Invest India, India has 18 mega food parks that are in operation and 19 food parks in progress. The major investors in the Indian food market are Kraft Heinz Company, Danone, Nestle, McCain, and Mars among several others. India shipped approximately 1,290 kilo tones of seafood worth USD 6.68 billion between 2019 and 2020.
North America is anticipated to grow at a steady CAGR of 3.0% over the forecast period. This growth can be attributed to the increasing demand for packaged and convenience foods among the working population. Moreover, increasing demand for canned foods, such as canned fish and meat, in the U.S. is accelerating the market growth in the region. According to the data published by Delaware Sea Grant, about 55% of all seafood consumed in the U.S. in 2017 was limited to canned tuna, salmon, and shrimp
Some of the prominent players in the Food Container Market include:
Segments Covered in the Report
This research report offers market revenue, sales volume, production assessment and prognoses by classifying it on the basis of various aspects. Further, this research study investigates market size, production, consumption and its development trends at global, regional, and country level for the period of 2017 to 2030 and covers subsequent region in its scope:
By Material
By Product
By Geography
North America
Europe
Asia Pacific
Latin America
Middle East & Africa (MEA)
Key Points Covered in Food Container Market Study:
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Food Container Market
5.1. COVID-19 Landscape: Food Container Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Food Container Market, By Product
8.1. Food Container Market, by Product Type, 2021-2030
8.1.1. Bottles & Jars
8.1.1.1. Market Revenue and Forecast (2019-2030)
8.1.2. Cups & Tubs
8.1.2.1. Market Revenue and Forecast (2019-2030)
8.1.3. Cans
8.1.3.1. Market Revenue and Forecast (2019-2030)
8.1.4. Boxes
8.1.4.1. Market Revenue and Forecast (2019-2030)
8.1.5. Others
8.1.5.1. Market Revenue and Forecast (2019-2030)
Chapter 9. Global Food Container Market, By Material
9.1. Food Container Market, by Material, 2021-2030
9.1.1. Plastic
9.1.1.1. Market Revenue and Forecast (2019-2030)
9.1.2. Glass
9.1.2.1. Market Revenue and Forecast (2019-2030)
9.1.3. Metal
9.1.3.1. Market Revenue and Forecast (2019-2030)
9.1.4. Others
9.1.4.1. Market Revenue and Forecast (2019-2030)
Chapter 10. Global Food Container Market, Regional Estimates and Trend Forecast
10.1. North America
10.1.1. Market Revenue and Forecast, by Product (2019-2030)
10.1.2. Market Revenue and Forecast, by Material (2019-2030)
10.1.3. U.S.
10.1.3.1. Market Revenue and Forecast, by Product (2019-2030)
10.1.3.2. Market Revenue and Forecast, by Material (2019-2030)
10.1.4. Rest of North America
10.1.4.1. Market Revenue and Forecast, by Product (2019-2030)
10.1.4.2. Market Revenue and Forecast, by Material (2019-2030)
10.2. Europe
10.2.1. Market Revenue and Forecast, by Product (2019-2030)
10.2.2. Market Revenue and Forecast, by Material (2019-2030)
10.2.3. UK
10.2.3.1. Market Revenue and Forecast, by Product (2019-2030)
10.2.3.2. Market Revenue and Forecast, by Material (2019-2030)
10.2.4. Germany
10.2.4.1. Market Revenue and Forecast, by Product (2019-2030)
10.2.4.2. Market Revenue and Forecast, by Material (2019-2030)
10.2.5. France
10.2.5.1. Market Revenue and Forecast, by Product (2019-2030)
10.2.5.2. Market Revenue and Forecast, by Material (2019-2030)
10.2.6. Rest of Europe
10.2.6.1. Market Revenue and Forecast, by Product (2019-2030)
10.2.6.2. Market Revenue and Forecast, by Material (2019-2030)
10.3. APAC
10.3.1. Market Revenue and Forecast, by Product (2019-2030)
10.3.2. Market Revenue and Forecast, by Material (2019-2030)
10.3.3. India
10.3.3.1. Market Revenue and Forecast, by Product (2019-2030)
10.3.3.2. Market Revenue and Forecast, by Material (2019-2030)
10.3.4. China
10.3.4.1. Market Revenue and Forecast, by Product (2019-2030)
10.3.4.2. Market Revenue and Forecast, by Material (2019-2030)
10.3.5. Japan
10.3.5.1. Market Revenue and Forecast, by Product (2019-2030)
10.3.5.2. Market Revenue and Forecast, by Material (2019-2030)
10.3.6. Rest of APAC
10.3.6.1. Market Revenue and Forecast, by Product (2019-2030)
10.3.6.2. Market Revenue and Forecast, by Material (2019-2030)
10.4. MEA
10.4.1. Market Revenue and Forecast, by Product (2019-2030)
10.4.2. Market Revenue and Forecast, by Material (2019-2030)
10.4.3. GCC
10.4.3.1. Market Revenue and Forecast, by Product (2019-2030)
10.4.3.2. Market Revenue and Forecast, by Material (2019-2030)
10.4.4. North Africa
10.4.4.1. Market Revenue and Forecast, by Product (2019-2030)
10.4.4.2. Market Revenue and Forecast, by Material (2019-2030)
10.4.5. South Africa
10.4.5.1. Market Revenue and Forecast, by Product (2019-2030)
10.4.5.2. Market Revenue and Forecast, by Material (2019-2030)
10.4.6. Rest of MEA
10.4.6.1. Market Revenue and Forecast, by Product (2019-2030)
10.4.6.2. Market Revenue and Forecast, by Material (2019-2030)
10.5. Latin America
10.5.1. Market Revenue and Forecast, by Product (2019-2030)
10.5.2. Market Revenue and Forecast, by Material (2019-2030)
10.5.3. Brazil
10.5.3.1. Market Revenue and Forecast, by Product (2019-2030)
10.5.3.2. Market Revenue and Forecast, by Material (2019-2030)
10.5.4. Rest of LATAM
10.5.4.1. Market Revenue and Forecast, by Product (2019-2030)
10.5.4.2. Market Revenue and Forecast, by Material (2019-2030)
Chapter 11. Company Profiles
11.1. PRINTPACK
11.1.1. Company Overview
11.1.2. Product Offerings
11.1.3. Financial Performance
11.1.4. Recent Initiatives
11.2. Graham Packaging Company
11.2.1. Company Overview
11.2.2. Product Offerings
11.2.3. Financial Performance
11.2.4. Recent Initiatives
11.3. Bemis Company Inc.
11.3.1. Company Overview
11.3.2. Product Offerings
11.3.3. Financial Performance
11.3.4. Recent Initiatives
11.4. Ball Corporation
11.4.1. Company Overview
11.4.2. Product Offerings
11.4.3. Financial Performance
11.4.4. Recent Initiatives
11.5. Constar International UK Ltd.
11.5.1. Company Overview
11.5.2. Product Offerings
11.5.3. Financial Performance
11.5.4. Recent Initiatives
11.6. Anchor Glass Container Corporation
11.6.1. Company Overview
11.6.2. Product Offerings
11.6.3. Financial Performance
11.6.4. Recent Initiatives
11.7. Crown
11.7.1. Company Overview
11.7.2. Product Offerings
11.7.3. Financial Performance
11.7.4. Recent Initiatives
11.8. Berry Plastics Corporation
11.8.1. Company Overview
11.8.2. Product Offerings
11.8.3. Financial Performance
11.8.4. Recent Initiatives
11.9. Plastipak Holdings Inc.
11.9.1. Company Overview
11.9.2. Product Offerings
11.9.3. Financial Performance
11.9.4. Recent Initiatives
11.10. Graphic Packaging International LLC
11.10.1. Company Overview
11.10.2. Product Offerings
11.10.3. Financial Performance
11.10.4. Recent Initiatives
Chapter 12. Research Methodology
12.1. Primary Research
12.2. Secondary Research
12.3. Assumptions
Chapter 13. Appendix
13.1. About Us
13.2. Glossary of Terms
Cross-segment Market Size and Analysis for
Mentioned Segments
Additional Company Profiles (Upto 5 With No Cost)
Additional Countries (Apart From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market DynamicsRegion Level Market Share Import Export AnalysisProduction AnalysisOthers