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.
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Key Players
Market Segmentation
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In this study, the years considered to estimate the market size of Food Container are as follows:
Reasons to Purchase this Report:
– Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
– Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
– Market value USD Million and volume Units Million data for each segment and sub-segment
– Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
– Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
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