The global food container market size is expected to be worth around US$ 210.9 billion by 2030, according to a new report by Vision Research Reports.
The global food container market size was valued at US$ 150.6 billion in 2020 and is anticipated to grow at a CAGR of 6.2% during forecast period 2021 to 2030.
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Report Coverage
| Report Scope | Details |
| Market Size | USD 210.9 billion by 2030 |
| Growth Rate | CAGR of 6.2% From 2021 to 2030 |
| Base Year | 2021 |
| Forecast Period | 2021 to 2030 |
| Segments Covered | Material, Product |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
| Companies Mentioned | Amcor plc; Silgan Holdings, Inc.; Ardagh Group; Berry Plastics Corp.; Plastipak Holdings, Inc.; Sonoco Products Company; Graham Packaging Company, Inc.; Weener Plastics; Ball Corp.; Tetra Pak |
Growth Factors
The global market is predominantly driven by the rapid growth in the food processing industry mainly in the emerging markets. In addition, the rising need to reduce carbon footprints and increasing adoption of bioplastics in the packaging industry are driving the market. Moreover, innovation and new product developments are attracting food manufacturers, which is expected to augment the market growth.
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.
By Material Analysis
The plastic segment held the market in 2020 with a revenue share of over 45%. On the basis of material, the market has been divided into plastic, metal, glass, and others. Plastic is the most extensively used material in the packaging market owing to its several advantages over other alternatives. Plastic is lighter than other materials and is incredibly energy efficient to manufacture. Moreover, it is quite inexpensive compared to other materials, such as metals and glass.
According to the American Chemistry Council, just two pounds of plastic resins are required to package 10 gallons of drinks. Whereas, eight pounds of steel, three pounds of aluminum, and approximately forty pounds of glass are required to deliver the same quantity of drink. Various types of plastic resins, such as HDPE, LDPE, PET, PP, and polystyrene, are used to make plastic containers.
By Product Analysis
The bottles & jars product segment held the market in 2020 with a revenue share of over 29%. Bottles and jars are the most widely used products in the rigid food packaging segment. Various types of foods, such as jam, honey, sauces, cheese, mayonnaise, spices, oil, spreads, syrups, processed vegetables/fruits, fish, and meat, are packed in various types of jars and bottles made of glass and plastics.
The cans product segment is estimated to register the highest CAGR of more than 4.5% from 2021 to 2030 due to the rising demand for various canned foods and beverages. The cups and tubs segment is also expected to register a significant CAGR over the forecast period.
By Regional Analysis
Asia Pacific held the global market in 2020 accounting for a revenue share of over 37% and is estimated to be the fastest-growing regional marker from 2021 to 2030. 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.
North America is projected to grow at a steady CAGR of 3.05% 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.
Key Players
Market Segmentation
Table of Contents
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. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Food Container Market, By Material
7.1. Food Container Market, by Material, 2021-2030
7.1.1. Plastic
7.1.1.1. Market Revenue and Forecast (2017-2030)
7.1.2. Metal
7.1.2.1. Market Revenue and Forecast (2017-2030)
7.1.3. Glass
7.1.3.1. Market Revenue and Forecast (2017-2030)
7.1.4. Others
7.1.4.1. Market Revenue and Forecast (2017-2030)
Chapter 8. Global Food Container Market, By Product
8.1. Food Container Market, by Product, 2021-2030
8.1.1. Bottles & Jars
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Cans
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. Cups & Tubs
8.1.3.1. Market Revenue and Forecast (2017-2030)
8.1.4. Boxes
8.1.4.1. Market Revenue and Forecast (2017-2030)
8.1.5. Others
8.1.5.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Food Container Market, Regional Estimates and Trend Forecast
9.1. North America
9.1.1. Market Revenue and Forecast, by Material (2017-2030)
9.1.2. Market Revenue and Forecast, by Product (2017-2030)
9.1.3. U.S.
9.1.3.1. Market Revenue and Forecast, by Material (2017-2030)
9.1.3.2. Market Revenue and Forecast, by Product (2017-2030)
9.1.4. Rest of North America
9.1.4.1. Market Revenue and Forecast, by Material (2017-2030)
9.1.4.2. Market Revenue and Forecast, by Product (2017-2030)
9.2. Europe
9.2.1. Market Revenue and Forecast, by Material (2017-2030)
9.2.2. Market Revenue and Forecast, by Product (2017-2030)
9.2.3. UK
9.2.3.1. Market Revenue and Forecast, by Material (2017-2030)
9.2.3.2. Market Revenue and Forecast, by Product (2017-2030)
9.2.4. Germany
9.2.4.1. Market Revenue and Forecast, by Material (2017-2030)
9.2.4.2. Market Revenue and Forecast, by Product (2017-2030)
9.2.5. France
9.2.5.1. Market Revenue and Forecast, by Material (2017-2030)
9.2.5.2. Market Revenue and Forecast, by Product (2017-2030)
9.2.6. Rest of Europe
9.2.6.1. Market Revenue and Forecast, by Material (2017-2030)
9.2.6.2. Market Revenue and Forecast, by Product (2017-2030)
9.3. APAC
9.3.1. Market Revenue and Forecast, by Material (2017-2030)
9.3.2. Market Revenue and Forecast, by Product (2017-2030)
9.3.3. India
9.3.3.1. Market Revenue and Forecast, by Material (2017-2030)
9.3.3.2. Market Revenue and Forecast, by Product (2017-2030)
9.3.4. China
9.3.4.1. Market Revenue and Forecast, by Material (2017-2030)
9.3.4.2. Market Revenue and Forecast, by Product (2017-2030)
9.3.5. Japan
9.3.5.1. Market Revenue and Forecast, by Material (2017-2030)
9.3.5.2. Market Revenue and Forecast, by Product (2017-2030)
9.3.6. Rest of APAC
9.3.6.1. Market Revenue and Forecast, by Material (2017-2030)
9.3.6.2. Market Revenue and Forecast, by Product (2017-2030)
9.4. MEA
9.4.1. Market Revenue and Forecast, by Material (2017-2030)
9.4.2. Market Revenue and Forecast, by Product (2017-2030)
9.4.3. GCC
9.4.3.1. Market Revenue and Forecast, by Material (2017-2030)
9.4.3.2. Market Revenue and Forecast, by Product (2017-2030)
9.4.4. North Africa
9.4.4.1. Market Revenue and Forecast, by Material (2017-2030)
9.4.4.2. Market Revenue and Forecast, by Product (2017-2030)
9.4.5. South Africa
9.4.5.1. Market Revenue and Forecast, by Material (2017-2030)
9.4.5.2. Market Revenue and Forecast, by Product (2017-2030)
9.4.6. Rest of MEA
9.4.6.1. Market Revenue and Forecast, by Material (2017-2030)
9.4.6.2. Market Revenue and Forecast, by Product (2017-2030)
9.5. Latin America
9.5.1. Market Revenue and Forecast, by Material (2017-2030)
9.5.2. Market Revenue and Forecast, by Product (2017-2030)
9.5.3. Brazil
9.5.3.1. Market Revenue and Forecast, by Material (2017-2030)
9.5.3.2. Market Revenue and Forecast, by Product (2017-2030)
9.5.4. Rest of LATAM
9.5.4.1. Market Revenue and Forecast, by Material (2017-2030)
9.5.4.2. Market Revenue and Forecast, by Product (2017-2030)
Chapter 10. Company Profiles
10.1. Amcor plc
10.1.1. Company Overview
10.1.2. Material Offerings
10.1.3. Financial Performance
10.1.4. Recent Initiatives
10.2. Silgan Holdings, Inc.
10.2.1. Company Overview
10.2.2. Material Offerings
10.2.3. Financial Performance
10.2.4. Recent Initiatives
10.3. Ardagh Group
10.3.1. Company Overview
10.3.2. Material Offerings
10.3.3. Financial Performance
10.3.4. Recent Initiatives
10.4. Berry Plastics Corp.
10.4.1. Company Overview
10.4.2. Material Offerings
10.4.3. Financial Performance
10.4.4. Recent Initiatives
10.5. Plastipak Holdings, Inc.
10.5.1. Company Overview
10.5.2. Material Offerings
10.5.3. Financial Performance
10.5.4. Recent Initiatives
10.6. Sonoco Products Company
10.6.1. Company Overview
10.6.2. Material Offerings
10.6.3. Financial Performance
10.6.4. Recent Initiatives
10.7. Graham Packaging Company, Inc.
10.7.1. Company Overview
10.7.2. Material Offerings
10.7.3. Financial Performance
10.7.4. Recent Initiatives
10.8. Weener Plastics
10.8.1. Company Overview
10.8.2. Material Offerings
10.8.3. Financial Performance
10.8.4. Recent Initiatives
10.9. Ball Corp.
10.9.1. Company Overview
10.9.2. Material Offerings
10.9.3. Financial Performance
10.9.4. Recent Initiatives
10.10. Tetra Pak
10.10.1. Company Overview
10.10.2. Material Offerings
10.10.3. Financial Performance
10.10.4. Recent Initiatives
Chapter 11. Research Methodology
11.1. Primary Research
11.2. Secondary Research
11.3. Assumptions
Chapter 12. Appendix
12.1. About Us
Glossary of Terms
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