Questions? +1 (202) 335-3939 Login
Trusted News Since 1995
A service for global professionals · Friday, March 29, 2024 · 699,688,860 Articles · 3+ Million Readers

Food Container Market Size to Hit USD 190 Billion by 2027 | Exhibit a CAGR of 4.7% (2022-2027)

Food Container Market

Market Research Reports, Business Consulting Services & Analytics

Maintaining food quality through innovative methods to support market expansion is to cater to the Food Container Market growth

HYDERABAD, TELANGANA, INDIA, September 28, 2022 /EINPresswire.com/ -- IndustryARC, in its latest report, predicts that The Food Container Market size is estimated to reach $190 billion by 2027. Furthermore, it is poised to grow at a CAGR of 4.3% over the forecast period of 2022-2027. Food storage containers, especially in the refrigerator and freezer, are used to keep food at normal temperatures. Some food products must be kept for longer periods of time, necessitating the use of containers that are exceptionally durable, efficient, and protective. The report offers a complete analysis of the market, its major segments, growth factors, trends, drivers and challengers, key players and more.

Click here to browse the complete report summary :
https://www.industryarc.com/Research/Food-Container-Market-Research-504929


Key takeaways :

This IndustryARC report on the Food Container Market highlights the following areas -

1. Geographically, North America accounted for the greatest market share of more than 35.5%, owing to Urbanization, as well as ascending interest in packaged food. The market for U.S. is driven by the increasing sophisticated consumer demand for convenient, easy-to-carry, storable and ready-to-eat food packaging. Furthermore, North America is expected to offer lucrative growth opportunities to the marketers in the projected period of 2022-2027 owing to a rapid increase in consumption of various food and beverages items along with other spirits.

2. In recent years, the growth of packaged food as one of the most profitable divisions of the global food and beverage business has fuelled large-scale advancements across the food container market. However, challenges forging in terms of container’s recyclability and cost implications has hampered the overall market growth.

3. A detailed analysis of strengths, weaknesses, opportunities, and threats will be provided in the Food Container Market Report.


Interested in knowing more relevant information? Click here :
https://www.industryarc.com/pdfdownload.php?id=504929


Segmental Analysis :

1. The Food Container market based on material can be further segmented into Paperboard, Metal, Glass, Plastic, and Others. Plastic have a large part of the global market share in 2021 Owing to its demand, reusability features, and cost efficiency, plastic accounts for the majority of consumption in the production of food containers. Plastic is also lighter than other materials and requires very little energy to manufacture. Furthermore, when compared to other materials such as metals and glass, it is quite affordable.

2. The Food Container market based on Geography can be further segmented into North America, Europe, Asia-Pacific, South America, and the Rest of the World. In 2021, North America dominated the Food Container Market, accounting for 35.5% of the total market.

3. The Food Container market based on packaging type can be further segmented into rigid packaging, Semi-rigid Packaging and Flexible packaging. In 2021, the rigid packaging segment had the biggest market share. Its strong stiffness, impact strength, and barrier qualities contribute to this. The rigid food containers have a longer lifespan, which is driving the segment's growth over the projection period (2022-2027).


Competitive Landscape :

The top 5 players in the Food Container Industry are -

1. Amcor plc
2. Sonoco Products Company
3. Graham Packaging Company, Inc.
4. Silgan Holdings, Inc.
5. Ardagh Group


Click on the following link to buy the Food Container Market Report :
https://www.industryarc.com/reports/request-quote?id=504929


Why Choose IndustryARC?

IndustryARC is one of the leading market research and consulting firms in the world. It produces over 500 unique market reports annually. If you are looking for a detailed overview of a particular market, you can simply connect with the team at IndustryARC. You can not only buy your preferred market report from the website, but also get personalized assistance on specific reports.


Related Reports :

A. Decorative Concrete Market
https://www.industryarc.com/Report/18411/decorative-concrete-market-research-report-analysis.html

B. Concrete Superplasticizers Market
https://www.industryarc.com/Report/11683/concrete-superplasticizers-market.html


Contact Us:
Mr. Venkat Reddy
IndustryARC
Email: sales@industryarc.com
USA: (+1) 970-236-3677, (+1) 815-656-4596
IND: (+91) 40-485-49062

Venkat Reddy
IndustryARC
+1 614-588-8538
venkat@industryarc.com
Visit us on social media:
Facebook
Twitter
LinkedIn

Powered by EIN Presswire
Distribution channels: Food & Beverage Industry, Manufacturing


EIN Presswire does not exercise editorial control over third-party content provided, uploaded, published, or distributed by users of EIN Presswire. We are a distributor, not a publisher, of 3rd party content. Such content may contain the views, opinions, statements, offers, and other material of the respective users, suppliers, participants, or authors.

Submit your press release