Improving lifestyles and growing adoption of containers in kitchen for food storage are creating lucrative opportunities for key players to manufacture product-specific containers. Spice storage containers are used to store spices with limited shelf lives and keep them safe from the external environment. Spices can stale rapidly, and need proper containers for storage. Glass spice storage containers are popular choices for spice storage, owing to their less reactive nature and excellent shelf appeal. Plastic spice storage containers are expected to witness fast-paced growth in the global spice storage container market owing to the adoption from spice marketers and cost-effective and durable features. The need for moisture-resistant spice storage containers is expected to drive the demand for airtight spice storage containers.
The spice storage container market closely depends upon the demand for spices in the retail market across the globe. The global spice market is anticipated to witness impressive growth owing to the entries of new brands and improved choices for food and taste. Use of spices in food from household and food services is increasing rapidly due to which, the demand for reusable spice storage containers is expected to grow in the next five years. The rapid growth of online stores is offering new sales channel options for manufacturers of spice storage containers to reach out to more customers and build brand value.
The packaging of spices in reusable containers by suppliers is expected to restrain the growth of empty spice storage containers available in the market. Spices suppliers are looking forward to offering durable and reusable spice storage containers to reduce product waste. Single-use sachets for spices are expected to slow down the growth of spice storage containers. Packaging of spices in blisters to extend expiry time and avoid external intervention is trending among key spice manufacturers, and is expected to hamper the growth of jar-type spice storage containers.
European Market is Anticipated to be the Most Attractive Market for Spice Storage Containers
The European demand for spices is growing due to healthy living, interest in new tastes, convenience, and sustainability. Increasing demand for spices in European countries is expected to create an extraordinary opportunity for key players from the packaging industry. Glass spice storage containers are estimated to be prominent containers in terms of market value share in the European market.
Global Spice Storage Container Market: Segmentation
The global spice storage container market has been segmented on the basis of capacity, material, and container type.
On the basis of capacity, the global spice storage container market has been segmented into:
- Up to 100 ml
- 101 ml to 500 ml
- Above 500 ml
On the basis of material, the global spice storage container market has been segmented into:
- Paper & Paperboard
On the basis of type, the global spice storage container market has been segmented into:
On the basis of end use, the global spice storage container market has been segmented into:
- Spice Suppliers or Manufacturers
- Consumer or Household
Global Spice Storage Container Market: Key Players
Some of the key players operating in the global spice storage container market are as follows:
- Alcan Packaging, Inc.
- Anchor Glass Container Corporation
- Caraustar Industries Incorporated
- Constar International Incorporated
- Duy Tan Plastics Manufacturing Corporation
- Evergreen Packaging LLC
- Midland Manufacturing Company, Inc.
- Packaging Solutions, Inc.
- Plastipak Holdings Incorporated
- PWP Industries, Inc.
- Sonoco Products Company
- Tupperware U.S., Inc.
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Recent Developments in the Spice Storage Container Market
- In September 2018, Progressive International expanded its range of ProKeeper food storage with several new specialty containers for spices.
- In August 2018, Consultancy BrandOpus designed packaging for herbs and spices range of Schwartz, as part of a wider redesigning for its parent company McCormick