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The Food Container Market size is forecast to increase by USD 75.5 billion, at a CAGR of 4.89% between 2023 and 2028. Market growth hinges on several pivotal factors, including the surging demand for convenience, escalating requisites for food containers across diverse end-user industries, and the mounting preference for containers that are both durable and lightweight. As consumers prioritize convenience in their lifestyles, the demand for packaging solutions that facilitate ease of use and portability continues to rise. This trend is further fueled by the burgeoning need for food receptacles across various sectors, including food and beverage, healthcare, and retail. Additionally, the preference for receptacles boasting durability and lightweight attributes underscores a shift towards sustainable and efficient packaging solutions. By catering to these evolving consumer preferences and industry demands, the market is poised for sustained growth, driving innovation and adoption across the packaging landscape.
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The bottles and jars segment is estimated to witness significant growth during the forecast period. The market encompasses a wide range of packaging solutions for various perishable and non-perishable food items, including fish, meat, confectionery products, pudding, ice cream, cakes, and vegetables. Glass, made of non-reactive material, is popular for preserving the quality and taste of sauces, condiments, juices, and dairy products. Plastic containers, such as PET bottles, are commonly used for water, soft drinks, juices, and prepared meals due to their lightweight and cost-effective nature.
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The bottles and jars segment was the largest segment and was valued at USD 85.30 billion in 2018. Other materials like metal, paper, composite smart food packaging materials, and insulated containers are also utilized based on specific requirements. Lids and handles ensure ease of use, while insulation maintains temperature control. They play a crucial role in the food industry for commercial and domestic purposes, as well as in transporting, storing, and meal-prepping foods. Environmentally friendly options, such as reusable and biodegradable containers, address environmental problems and health concerns associated with food waste and packaging materials. The choice between rigid and flexible packaging depends on the food item's characteristics, such as high impact strength, high stiffness, and high barrier properties.
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APAC is estimated to contribute 39% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The market in APAC, encompassing China, India, Australia, Japan, and other countries, experienced significant growth in 2023, accounting for the largest share of the global market. Driven by changing consumer preferences, the increasing demand for convenience, and a focus on sustainable packaging solutions, this market caters to various sectors, including fish, meat, confectionery products, pudding, ice cream, cakes, and dairy. Containers come in various materials such as plastic, glass, metal, paper, and composite materials, with features like lids, handles, insulation, and rigidity catering to both commercial and domestic purposes.
Further, the food industry utilizes these containers for storing, transporting, and preserving perishable goods like vegetables, poultry, prepared meals, and meal-prepped foods. Sustainability is a key concern, with environmentally friendly food containers addressing environmental problems and promoting health. The market offers both rigid and flexible packaging solutions, with high impact strength, high stiffness, and high barrier properties ensuring effective food storage and transport.
The market serves diverse needs across the food and beverage business, accommodating packaged food products such as frozen meals, cake mixes, and desserts. It addresses challenges like raw material shortage while ensuring the shelf life of essential products through innovative plastic food containers suitable for both hot and cold foods. These containers play a pivotal role in preserving freshness and quality during storage and transportation. As consumer demand for convenience grows, the market continues to innovate with sustainable packaging solutions that meet regulatory standards. This evolution reflects a broader trend towards eco-friendly materials and efficient manufacturing processes in the food packaging industry. With a focus on functionality and environmental impact, food containers are integral to maintaining product integrity and meeting the dynamic needs of modern consumers and businesses alike.
One of the key factors driving market growth is the increasing demand for convenience. The market is experiencing substantial growth due to the rising demand for convenience in modern lifestyles. Consumers, particularly working women, double-income families, and single person households in metropolitan areas, are seeking time-saving solutions for meals. Food containers cater to this need by providing packaging and storage solutions for various food products, including fruits and vegetables, meat products, baked goods, confectionery, frozen foods, and packaged snacks.
Moreover, containers come in various materials such as plastic, aluminum, metal pots, and biodegradable options like paper and paperboard. They enable consumers to enjoy ready-to-eat (RTE) meals or ready-to-heat meals at their preferred time and location, eliminating the need for lengthy meal preparation or dining out. Logistical applications of food containers are also significant, ensuring the safe transport of perishable items like fruits, vegetables, and frozen foods. Hence, such benefits are expected to drive market growth during the forecast period.
A key factor shaping market growth is the growing importance of sustainable containers. The market is witnessing a shift towards eco-friendly and sustainable options, with paper and paperboard containers gaining popularity. These containers are ideal for various food types, including fruits and vegetables, meat products, frozen foods, baked goods, and confectionery. Traditional plastic food containers face limitations due to increasing environmental regulations and consumer preferences.
In contrast, aluminum containers and metal pots offer durability and temperature resistance for logistical applications. Biodegradable containers are another viable solution for packaged food, particularly in metropolitan areas where working women, double-income families, and single person households prioritize convenience and sustainability. Hence, such factors are expected to drive market growth during the forecast period.
Health and environmental safety issues are hindering market growth. In the dynamic market for packaged food, various containers are utilized to preserve and transport different food types. Plastic food containers, aluminum containers, and metal pots are commonly used for various foodstuffs, including fruits and vegetables, meat products, baked goods, confectionery, and frozen foods. However, the use of plastic containers raises concerns due to the potential transfer of additives, which can contaminate food and pose health risks.
Further, the Food and Drug Administration (FDA) and the US Department of Agriculture regulate the use of food-grade additives through the Federal Food, Drug and Cosmetic Act (FDCA) and the threshold of regulation exemption letter from the Food Contact Notification (FCN). Alternative eco-friendly options, such as paper and paperboard or biodegradable containers, are gaining popularity in metropolitan areas, particularly among working women, double-income families, and single person households, to mitigate these concerns and reduce logistical applications' environmental impact. Hence, such factors are expected to hinder market growth during the forecast period.
The market research report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the market forecast report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Market Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
The research report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The market research report provides comprehensive data (region wise segment analysis), with forecasts and estimates in "USD Billion" for the period 2024 to 2028, as well as historical data from 2018 to 2022 for the following segments.
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The market is a significant sector in the broader packaging industry. This market encompasses the production, distribution, and sale of various types of food containers, such as plastic, glass, metal, and paper containers. These containers are essential for preserving and transporting food items, ensuring their freshness and safety. The market is driven by several factors, including the increasing demand for ready-to-eat and convenience food, the growing trend towards sustainable packaging, and the rising awareness of food safety and hygiene. Additionally, the market is witnessing technological advancements, with the development of innovative materials and designs that offer improved functionality and durability.
Further, major players in the market include companies such as Amcor Limited, Berry Global Group Inc., Danone SA, DSM Nutritional Products, and Tetra Laval International S.A. These companies are investing in research and development to create new and innovative food container solutions that cater to the evolving needs of consumers and businesses. The market is segmented based on material type, product type, application, and region. The plastic segment is expected to dominate the market due to its versatility, cost-effectiveness, and ease of use. However, the glass and metal segments are also gaining popularity due to their durability and recyclability. In conclusion, the market is a dynamic and growing industry that plays a crucial role in the food industry.
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Market Scope |
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Report Coverage |
Details |
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Page number |
169 |
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Base year |
2023 |
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Historic period |
2018-2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 4.89% |
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Market growth 2024-2028 |
USD 75.5 billion |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
4.43 |
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Regional analysis |
APAC, Europe, North America, Middle East and Africa, and South America |
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Performing market contribution |
APAC at 39% |
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Key countries |
China, US, Germany, UK, and South Korea |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
Amcor Plc, Anchor Glass Container Corp., Ardagh Group SA, Ball Corp., Berry Global Inc., Gordon Food Service Inc., Graham Packaging Co. LP, Graphic Packaging Holding Co., Newell Brands Inc., Pactiv Evergreen Inc., Plastipak Holdings Inc., PMMI Media Group, Printpack Inc., Reem Packaging Inc., S.C. Johnson and Son Inc., Sonoco Products Co., The Clorox Co., Tupperware Brands Corp., Viking Packaging, and World Kitchen |
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Market dynamics |
Parent market analysis, Market forecast, Market forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
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Customization purview |
If our market report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Material
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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