GITNUX MARKETDATA REPORT 2024

Food Storage Container Industry Statistics

The food storage container industry is projected to experience steady growth due to increasing consumer demand for sustainable and reusable products.

In this post, we will explore the latest statistics and trends in the food storage container industry. From the market valuation and projected growth to regional dynamics and key players, these numbers paint a dynamic picture of an essential sector. Let’s dive into the numbers that are shaping the future of food storage containers.

Statistic 1

"The global food storage container market was valued at USD 3.19 billion in 2020."

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Statistic 2

"The food storage container market is projected to reach USD 4.15 billion by 2027."

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Statistic 3

"Asia Pacific region is expected to grow at the highest CAGR of 5.0% in the food storage container market from 2021 to 2027."

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Statistic 4

"Plastic material segment dominated the food storage container market with a share of 55.9% in 2020."

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Statistic 5

"Residential end-use sector held the largest share of 56.1% in the food storage container market in 2020."

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Statistic 6

"The flexible plastic segment of the food storage market is projected to reach $7.4 billion by 2025."

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Statistic 7

"Market demand for glass material in the food storage container industry is expected to grow at a CAGR of 4.5% from 2021 to 2027."

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Statistic 8

"The food storage container market in Europe is expected to grow at a CAGR of 4.9% from 2021 to 2027."

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Statistic 9

"The market for rigid packaging containers is expected to reach $8.6 billion by 2025."

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Statistic 10

"Major players in the food storage container market include Newell Brands, Amcor, and Sealed Air Corporation."

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Statistic 11

"The commercial sector of the food storage container market is expected to expand at a CAGR of 4.8% from 2021 to 2027."

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Statistic 12

"The global food container market size is projected to reach $346.99 billion by 2025."

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Statistic 13

"North America held the leading share of 34.7% in the international food container market in 2016."

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Statistic 14

"Among segmented types, the specialty food container segment is projected to be the fastest-growing."

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Statistic 15

"Single-use food containers are projected to generate a revenue of $3.36 billion by 2025."

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Statistic 16

"The growth of the food storage container market is majorly driven by the rising consumer preference for processed and packaged food."

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Statistic 17

"Metal materials for food storage are declined, play only around 3 percentage of the total market."

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In conclusion, the global food storage container industry is witnessing significant growth, with a projected market value set to increase from USD 3.19 billion in 2020 to USD 4.15 billion by 2027. The Asia Pacific region is expected to lead this growth trend with the highest compound annual growth rate of 5.0%. Plastic material containers currently dominate the market, particularly in the residential sector, although there is projected growth in other materials such as glass. The market is primarily driven by the increasing consumer demand for processed and packaged foods. Notably, single-use food containers and specialty segments are forecasted to see substantial growth in the coming years.

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