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, 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?
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**Segments**
- **Material Type**: The food storage container market is segmented by material type into plastic, glass, metal, and others. Plastic containers are expected to dominate the market due to their lightweight, durability, and cost-effectiveness. However, there is a growing demand for glass containers as they are considered safer for storing food. Metal containers are also gaining popularity for their durability and eco-friendly properties.
- **Product Type**: The market is segmented by product type into bags, boxes, bottles, cans, and others. Bags and boxes are commonly used for storing food items in households. Bottles are preferred for liquid storage, and cans are popular for preserving canned food items. With the increasing focus on sustainability, there is a rising demand for reusable and eco-friendly food storage containers.
- **Distribution Channel**: In terms of distribution channel, the market is segmented into online retail, offline retail, and others. Online retail channels are experiencing significant growth due to the convenience of shopping from home and a wide range of product selection. However, offline retail channels such as supermarkets and specialty stores continue to play a crucial role in the distribution of food storage containers.
**Market Players**
- **Tupperware Brands Corporation**: Tupperware is a key player in the food storage container market, known for its innovative designs and high-quality products.
- **Newell Brands**: Newell Brands offers a wide range of food storage containers under brands like Rubbermaid and FoodSaver, catering to different consumer needs.
- **Lock & Lock Co., Ltd.**: Lock & Lock specializes in airtight and leak-proof containers, which are popular for their durability and functionality.
- **OXO International**: OXO International is known for its premium-quality food storage containers designed for ease of use and storage.
- **Cambro Manufacturing Company**: Cambro offers food storage solutions for commercial kitchens and foodservice operations, known for their durability and performance.
The food storage container market is expected to The food storage container market is a thriving and dynamic industry that is driven by various factors such as changing consumer preferences, advancements in material technology, and a growing focus on sustainability. The segmentation of the market based on material type, product type, and distribution channel provides key insights into the diverse needs and preferences of consumers in the market. Plastic containers are currently dominating the market due to their lightweight nature, durability, and cost-effectiveness. However, the market is witnessing a shift towards glass containers, driven by growing concerns about the safety of food storage. Glass containers are considered a safer alternative for storing food, especially for those looking to avoid potential chemical leaching from plastic containers. Metal containers are also gaining popularity due to their durability and eco-friendly properties, appealing to environmentally-conscious consumers.
When it comes to product type segmentation, bags and boxes are the go-to choices for households looking to store a variety of food items. Bottles are preferred for liquid storage, while cans are commonly used for preserving canned food items. With the increasing emphasis on sustainability and eco-friendliness, there is a rising demand for reusable and environmentally-friendly food storage containers. This trend is driving market players to innovate and develop products that cater to the growing consumer demand for sustainable solutions.
In terms of distribution channels, online retail is experiencing significant growth, thanks to the convenience and wide product selection it offers to consumers. The ability to shop from the comfort of one's home and the availability of a vast array of food storage containers online are driving the growth of this distribution channel. However, offline retail channels such as supermarkets and specialty stores continue to play a crucial role in the distribution of food storage containers, especially for consumers who prefer to physically inspect products before making a purchase. The omni-channel approach adopted by many market players is allowing them to reach a wider range of consumers through both online and offline channels.
Market players like Tupperware Brands Corporation, Newell Brands, Lock & Lock Co., Ltd., OXO International, and Camb**Market Players**
The food storage container market is highly competitive, with various key players vying for market share and innovating to meet the evolving needs of consumers. Tupperware Brands Corporation is renowned for its innovative designs and high-quality products that have been staples in households worldwide. Newell Brands, through its brands like Rubbermaid and FoodSaver, offers a diverse range of food storage containers to cater to different consumer preferences. Lock & Lock Co., Ltd. specializes in airtight and leak-proof containers known for their durability and functionality, appealing to consumers looking for reliable storage solutions. OXO International is recognized for its premium-quality food storage containers designed for ease of use and storage convenience. Cambro Manufacturing Company focuses on providing food storage solutions for commercial kitchens and foodservice operations, emphasizing durability and high performance.
**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
Data Bridge Market Research typically follows a comprehensive research methodology for analyzing and reporting on market trends, including the Food Storage Container Market. The research methodology generally involves the following steps:
This structured approach ensures that the research conducted by Data Bridge Market Research is thorough, accurate, and provides actionable insights for stakeholders in the Food Storage Container Market.
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