Business
November 23, 2020

Food Storage Container Market Size 2020, Share, Growth Factors, and Future Scope | Major Companies: Berry Plastics Corporation, Bemis Company, Crown

According to Market Research Future (MRFR),the Global Food Storage Container Market is expected to gain an unprecedented value of USD 347,993.6 Million by 2023 with a CAGR of 4.19% during the forecast period (2018–2023). The global food storage container market is likely to hold substantial value.

The increasing concern regarding the environment is anticipated to be an important factor driving the global food storage container market 2020. Besides, the surging urbanization and the population has resulted in an upgraded standard of living, resulting in changed food habits of the consumer, which has actuated the global storage container market size. Furthermore, the work constraints have resulted in increased usage and demand for stored food. In addition, the increased demand for perishable products such as dairy products and meat has posed several opportunities for expansion.

Key Players 

The distinguished organization of the global Food Storage Container market are Berry Plastics Corporation (US), Bemis Company, Inc. (US), Crown (US), Graphic Packaging International, LLC (US), Graham Packaging Company (US), Ball Corporation (US), Anchor Glass Container Corporation (US), Constar International UK Ltd. (UK), Plastipak Holdings, Inc. (the US), PRINTPACK (US), and a few others.

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Market Segmentation 

·         On the basis of material, the global food storage container market can be distinguished  into glass, paper & paper boards, plastic, metal, and others

·         On the basis of product, the global food storage container market can be distinguished  into pouches, bags, containers, and others

·         On the basis of application, the global food storage container market can be distinguished into dairy products, fruits & vegetables, meat products, baked and confectionery, and frozen foods.

·         On the basis of type, the distinguished food storage container market can be segmented into rigid and flexible packaging.

·         On the basis of geography, the distinguished food storage container market can be segmented into North America, Europe, Asia-Pacific, and the Rest of the World (RoW).

Regional Analysis 

The geographical evaluation of North America, Europe, Asia-Pacific, and the Rest of the World (RoW) has been performed. The market is likely to expand significantly during the review period. The APAC region is likely to reign the worldwide market during the assessment period. The most significant reason for regional expansion is the increasing demand for FMCGs. Moreover, the region is prospering due to the increased disposable income, growing popularity of packaged food, and the changed lifestyle.

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Major Highlights of TOC Covers:

1.      Executive Summary

2.      Key Business Trends

3.      Regional Trends and Growth

4.      Product Trends

5.      End-use Trends

6.      Definition and Forecast Parameters

7.      Food Storage Container Market Segmentation

8.      Food Storage Container Market Landscape

9.      Vendor Matrix

10.  Company Profiles

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