Food Storage Container Market Forecast Sector Growth Report: Market Size, Share, and Forecast 2024 - 2031 |The Clorox Company , Tupperware, Newell Brands, Amcor plc
Food Storage Container Market Size And Forecast by 2031
Data Bridge Market Research analyses that the Global Food Storage Container Market which was USD 165.83 Million in 2023 is expected to reach USD 237.64 Billion by 2031 and is expected to undergo a CAGR of 4.60% during the forecast period of 2023 to 2031. Food Storage Container Market report provides a holistic evaluation of the market. The report offers comprehensive analysis of Size, Share, Scope, Demand, Growth, Value, Opportunities, Industry Statistics, Industry Trends, Industry Share, Revenue Analysis, Revenue Forecast, Future Scope, Challenges, Growth Drivers, leaders, graph, insights, Research Report, companies, overview, outlook and factors that are playing a substantial role in the market.
Global Food Storage Container Market Segmentation Analysis
Global Food Storage Container Market, By Material (Paperboard, Metal, Glass, Plastic, Others), Product (Bottles and Jars, Cans, Bag, Cups and Tubs, Boxes, Others), Packaging Type (Rigid, Semi-rigid, Flexible), Application (Grain Mill Products, Dairy Goods, Fruits and Vegetables, Bakery Products, Meat Products, Candy and Confections, Others) - Industry Trends and Forecast to 2031.
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Which are the top companies operating in the Food Storage Container Market?
The “Global Food Storage Container Market ”study report will provide a valuable insight with an emphasis on the global market. The report profiles noticeable organizations working in the water purifier showcase and the triumphant methodologies received by them. It likewise reveals insights about the share held by each organization and their contribution to the Food Storage Container Market extension. This Food Storage Container Market report provides the information of the Top 10 Companies in Food Storage Container Market in the market their business strategy, financial situation etc.
**Segments**
- **Material:** The food storage container market can be segmented based on materials such as plastic, glass, metal, and others. Plastic containers are expected to dominate the market due to their lightweight nature and affordability. Glass containers are gaining popularity due to their eco-friendly and non-toxic properties.
- **Product Type:** Food storage containers can be segmented into bags, plastic containers, glass containers, and metal containers. Plastic containers are widely used due to their convenience and durability. Glass containers are preferred for storing food safely without any chemical reactions.
- **Distribution Channel:** The market can be segmented based on distribution channels like online retail, specialty stores, supermarkets/hypermarkets, and others. The online retail segment is growing rapidly due to the convenience of shopping from home. Supermarkets/hypermarkets remain dominant due to the variety of options available.
- **Application:** Food storage containers find applications in residential and commercial sectors. The residential segment is expected to witness significant growth due to the increasing awareness of food safety and storage. The commercial sector, including restaurants and food service providers, is also a key market for food storage containers.
**Market Players**
- **Tupperware Brands Corporation:** A well-known player in the food storage container market, offering a wide range of products with innovative designs and material choices.
- **Rubbermaid:** Known for its durable and high-quality food storage containers, Rubbermaid is a key player in the market with a focus on convenience and functionality.
- **LOCK & LOCK:** This brand specializes in airtight and leak-proof food storage containers, catering to consumers looking for secure food storage solutions.
- **OXO:** OXO offers a range of food storage containers that focus on ease of use and practicality, appealing to consumers seeking functional designs.
- **Cambro:** A leading player in the commercial food storage container segment, Cambro provides durable and efficient solutions for the foodservice industry.
The food storage container market is a dynamic and evolving sector driven by various segments such as materials, product types, distribution channels, and applications. Plastic containers continue to dominate the market due to their lightweight nature, affordability, and convenience. Glass containers are gaining popularity due to their eco-friendly and non-toxic properties, appealing to consumers seeking sustainable options. Metal containers, though less common, cater to consumers looking for durable and long-lasting storage solutions. The choice of material segment in food storage containers is crucial as it directly impacts factors like durability, safety, and environmental impact.
In terms of product types, food storage containers are available in various forms such as bags, plastic containers, glass containers, and metal containers. Plastic containers are widely used for their versatility, durability, and ease of use, making them a popular choice for everyday storage needs. Glass containers are preferred by consumers looking to store food without the risk of chemical reactions, ensuring the safety and freshness of the stored items. Metal containers, though less common, appeal to consumers seeking sturdy and long-lasting options for food storage. Understanding consumer preferences in terms of product types is essential for market players to cater to diverse needs and preferences effectively.
The distribution channel segment plays a vital role in reaching consumers and driving sales in the food storage container market. With the rise of e-commerce, online retail channels are experiencing significant growth due to their convenience and accessibility to a wide range of products. Specialty stores offer curated selections catering to specific consumer preferences, while supermarkets/hypermarkets remain a key distribution channel due to their extensive product offerings and broad consumer base. Understanding the shifting dynamics of distribution channels is essential for market players to adapt their strategies and reach target consumers effectively.
Food storage containers find applications in both residential and commercial sectors, with a growing emphasis on food safety, storage efficiency, and sustainability. The residential segment is witnessing significant growth driven by increased awareness of health and wellness, leading consumers to prioritize safe and sustainable storage solutions for their food items. In the commercial sector, including**Market Players:**
- The Clorox Company (U.S.)
- Tupperware (U.S.)
- Newell Brands (U.S.)
- Amcor plc (Switzerland)
- LocknLock Co. (South Korea)
- Molded Fiber Glass Company (U.S.)
- Prepara (U.S.)
- Thermos L.L.C. (U.S.)
- Freshware (U.S.)
- Oneida (U.S.)
- Glasslock (U.S.)
- Vremi (U.S.)
- Vtopmart (U.S.)
- EMSA GmbH (Germany)
- Silgan Containers (U.S.)
- Lindar Corp. (U.S.)
- Detmold Group (Australia)
- Pactiv L.L.C. (U.S.)
- OXO (U.S.)
The food storage container market is a dynamic sector with various segments driving its growth and evolution. Plastic containers continue to lead the market due to their lightweight nature, affordability, and versatility, making them a popular choice for everyday use. Glass containers are gaining traction among consumers due to their eco-friendly and non-toxic properties, aligning with the increasing demand for sustainable options. Metal containers, although less common, cater to consumers seeking durable and long-lasting storage solutions. The material segment in food storage containers is crucial as it directly influences factors like safety, durability, and environmental impact.
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