Global Food Storage Container Market Size, Share, Trends, COVID-19 Impact & Growth Forecast Report– Segmented By Type (Rigid and Flexible), Material (Plastic, Paper, Metal and Glass), Product (Bag, Pouch and Containers), Application (Fruits & Vegetable, Meat Products and Candy & Confection), and Region (North America, Europe, APAC, Latin America, and Middle East & Africa) - Industry Analysis (2024 to 2029)

Updated On: June, 2024
ID: 14026
Pages: 175

Global Food Storage Container Market Size (2024 to 2029)

The global food storage container market is expected to grow at a compound annual growth rate (CAGR) of 4.91% during the forecast period and the market size is predicted to grow from USD 162.87 billion in 2024 to USD 206.98 billion by 2029.

MARKET DRIVERS

Consumers want to invest in food storage containers that can offer superior sealing mechanisms, materials that are free from harmful chemicals, and options designed to prevent contamination.

The increasing consumer awareness of food safety is one of the major factors propelling the growth of the food storage container market. As individuals become more conscious of the potential risks of food contamination and spoilage, there is a growing demand for high-quality storage solutions that can ensure the freshness and safety of the food. Whether it's storing leftovers, packing lunches, or preserving, these containers are viewed as the most essential tools for the protection of food. Manufacturers are also responding to this demand by developing containers with improved sealing technologies, antimicrobial properties, and materials that can meet safety standards. 

The food storage container market is thriving in response to the trend of convenience and increasingly busy modern lifestyles. With people's schedules becoming busier than ever, there is a surging demand for hassle-free and time-saving solutions in food preparation and storage. Food storage containers have emerged as indispensable tools in this context, offering a simple and efficient way to store, organize, and transport meals. These containers solve the needs of individuals and families in their daily routines. Whether it's packing lunches for work, storing leftovers, or meal prepping for the week, food storage containers provide a convenient and practical solution. Their versatility, stackability, and airtight seals make them ideal for keeping food fresh and easily accessible. Manufacturers are responding to this demand by introducing innovative designs, such as compartmentalized containers for portion control and microwave-safe options for quick reheating. As busy lifestyles continue to shape consumer habits, the food storage container market is poised for sustained growth, catering to the need for on-the-go convenience and time-efficient meal management.

MARKET RESTRAINTS

Environmental concerns are the most significant restraint in the food storage container market due to the use of non-biodegradable plastic containers. With growing awareness of the environmental impacts of single-use plastic, there is pressure on the consumers and government to seek more sustainable alternatives. This shift in consumer sentiment and the tightening of environmental regulations pose an important challenge to traditional plastic food storage containers. In response to these concerns, the food storage container market is witnessing a shift towards eco-friendly and biodegradable materials such as glass, stainless steel, silicone, and plant-based plastics. These materials are not only environmentally responsible but fulfill the demand for safer, non-toxic options. 

Impact of COVID-19 on the food storage container market

The COVID-19 pandemic had both detrimental and beneficial effects on the food storage container market. The initial phases of the pandemic resulted in significant disruptions to global supply chains, affecting the production and distribution of these products. Lockdowns and economic uncertainties led some consumers to opt for cheaper, disposable alternatives over reusable containers. Additionally, concerns about viral transmission led to a temporary decline in the use of shared food storage containers in public places like restaurants and cafeterias, impacting the commercial segment of the market. However, the pandemic also stimulated several positive developments. Heightened awareness of food safety and hygiene encouraged a greater interest in high-quality, airtight containers for storing groceries, leftovers, and meal prep. With more people cooking at home, there was a surge in demand for reliable, durable, and BPA-free food storage options. As a result, innovative designs and materials experienced increased popularity. The pandemic accelerated the e-commerce trend, boosting online sales of food storage containers and making it easier for consumers to access a wide range of options from the safety of their homes. The food storage container market adapted to meet these evolving consumer needs and expectations during the pandemic.

REPORT COVERAGE

REPORT METRIC

DETAILS

Market Size Available

2023 to 2029

Base Year

2023

Forecast Period

2024 to 2029

CAGR

4.9%

Segments Covered

By Type, Material, Product, Application and Region

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview of Investment Opportunities

Regions Covered

North America, Europe, Asia Pacific, Latin America, Middle East & Africa

Market Leaders Profiled

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, Tupperware Brands Corporation, Newell Brands, LOCK&LOCK Co. Ltd, Hamilton Housewares Pvt. Ltd, Constar International Inc., Anchor Glass Container Corporation, Associated Packaging Inc., Crown Holdings Inc., Graphic Packaging International Inc., Avery Dennison Corporation and ACCO Brands

 

SEGMENTAL ANALYSIS

Global Food Storage Container Market By Type

The flexible container segment had the leading share of the global market in 2022 and is predicted to grow at a healthy CAGR during the forecast period.

The flexible container segment has taken the lead in the food storage container market. These containers, such as resealable plastic bags and pouches, have gained supremacy due to their lightweight nature, space-saving design, and cost-effectiveness. They prove highly versatile, especially for packing snacks, freezing food, and accommodating irregularly shaped items. Their practicality has made them a preferred choice in commercial and on-the-go food sectors, thanks to their convenience and budget-friendly qualities. The onset of the COVID-19 pandemic further bolstered their demand as they were deemed safer for single-use purposes. In contrast, rigid containers, commonly composed of plastic, glass, or metal, are celebrated for their durability and robustness. They excel in safeguarding food items and are predominantly chosen for long-term storage. Consumer preference for reliable and sturdy options keeps rigid containers in demand. While both container types have their merits, the flexibility and cost-efficiency of the former have allowed them to claim the dominant position in the market.

Global Food Storage Container Market By material

The plastic segment led the market in 2022. Plastic containers are more dominating in the market due to their affordability, lightweight nature, durability, and adaptability in terms of sizes and shapes. Their cost-effectiveness and convenience have made them more popular for consumer use.

The paper containers segment is positioned second and accounted for the second-largest share of the global market in 2022. The growth of the paper segment is majorly driven by their eco-friendly and biodegradable nature. These containers, often lined for added protection, are ideal for dry and non-greasy items. With a growing emphasis on environmental awareness and sustainable packaging, paper containers are finding favor among the eco-conscious consumer segment.

The metal segment is estimated to grow at a steady CAGR during the forecast period. Metal containers, such as stainless steel, are used for their durability and non-reactive properties. They offer long-term storage, preserving the freshness of food for extended periods.

Glass containers are known for their non-toxic and odor-resistant attributes and have secured a significant share, particularly in the premium and health-conscious segments. Their ability is to maintain food quality and freshness.

Global Food Storage Container Market By product

The container segment had the highest share of the global food storage container market in 2022 and is expected to progress at a promising CAGR during the forecast period.

The growth of the container segment is primarily driven by the offerings of rigid containers made from materials like plastic, glass, or metal. These containers are renowned for their durability and robustness. Containers are a staple choice for preserving leftovers, organizing pantry items, and facilitating meal preparation. Their ability is to protect food items and maintain freshness over extended periods.

The bags segment held a considerable share of the worldwide market in 2022. Food storage bags, such as plastic bags and vacuum-sealed bags, are known for their practicality. They are lightweight and cost-effective, making them ideal for everyday use. These bags are in a wide variety of food items and are particularly popular for short-term storage or freezing.

The pouches segment captured a substantial share of the global market in 2022. Pouches have also been gaining a share in the market. Pouches offer a versatile solution, especially for liquid or semi-liquid items like soups, sauces, or condiments. They strike a balance between convenience and efficient storage, often featuring user-friendly attributes like spouts or zippers for easy dispensing.

Global Food Storage Container Market By Application

The candy and confection segment is expected to grow at a healthy CAGR in the global market during the forecast period.

Candy and confection storage containers are more dominant in the market, especially during holidays and festive seasons when there's a higher demand for sweet treats. These containers cater to those who appreciate the importance of preserving the freshness and appearance of these indulgent items.

The fruits and vegetables segment is anticipated to grow at a prominent CAGR during the forecast period. Food storage containers for fruits and vegetables enjoy a significant share of the market. This is primarily because consumers frequently purchase these items, and there is a strong focus on preserving their quality and extending their shelf life.

Containers for meat products have a notable presence in the market, reflecting the importance of food safety and hygiene in handling meat. While not as dominant as those for fruits and vegetables, these containers address a specific and essential need in the food storage landscape.

REGIONAL ANALYSIS

North America holds a substantial share of the global food storage container market during the forecast period.

This is due to a combination of factors, including a culture of meal prepping and the popularity of reusable containers for packed lunches and leftovers. The market dominance is also attributed to higher disposable incomes and a focus on sustainability, which has driven the demand for eco-friendly storage solutions.

The food storage container market in Europe is anticipated to account for a substantial share of the global market during the forecast period.

The dominance varies by subregions, with Western European countries like Germany and France being significant contributors. European consumers focus on quality and sustainability, which has led to a market demand for both traditional and eco-friendly food storage containers.

The Asia-Pacific region has witnessed an increasing dominance in the food storage container market.

Factors such as the growing population, changing dietary habits, and rapid urbanization have hyped the demand for food storage solutions. Additionally, there is a shift towards more sustainable and eco-friendly options to address environmental concerns.

Latin America has been experiencing growth in the food storage container market.

This growth is influenced by rising incomes, changes in consumer lifestyles, and the adoption of modern food storage practices. While not as dominant as some other regions, the market is expanding.

 The Middle East and Africa represent a niche market in the food storage container market.

The demand for food storage containers in this region is influenced by factors like tourism, expatriate communities, and a growing awareness of food safety and hygiene.

KEY MARKET PLAYERS

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, Tupperware Brands Corporation, Newell Brands, LOCK&LOCK Co. Ltd, Hamilton Housewares Pvt. Ltd, Constar International Inc., Anchor Glass Container Corporation, Associated Packaging Inc., Crown Holdings Inc., Graphic Packaging International Inc., Avery Dennison Corporation, and ACCO Brands are a few of the noteworthy players in the global food storage containers market.

RECENT HAPPENINGS IN THIS MARKET

  • In 2023, Tupperware expanded its product range, which includes sustainable and eco-friendly food storage containers, in response to the growing demand for environmentally conscious products.
  • In 2023, Glad launched a line of food storage containers with advanced sealing technology to keep food fresher for longer, minimizing food waste.
  • In 2023, Cambro expanded its product line to cater to the food service industry, providing durable and stackable food storage containers for commercial kitchens.
  • In 2023, Glasslock offered a wider variety of glass food storage containers designed to be oven-safe, microwave-safe, and eco-friendly.

DETAILED SEGMENTATION OF THE GLOBAL FOOD STORAGE CONTAINER MARKET INCLUDED IN THIS REPORT

This research report on the global food storage container market has been segmented & sub-segmented based on the type, material, product, application, and region.

By Type

  • Rigid
  • Flexible

By material

  • Plastic
  • Paper
  • Metal
  • Glass 

By product

  • Bag
  • Pouch
  • Containers

By Application

  • Fruits and Vegetables
  • Meat Products
  • Candy and Confection

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

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Frequently Asked Questions

What is the major driving factor for the food storage container market?

convenience, portability, and the rise in food delivery are the major factors driving the market.

What is the estimated CAGR of the market during the forecast period 2023-2028?

The market is estimated to register a CAGR of 4.4% during the forecast period.

What is the challenging factor for the market growth rate?

Demand for sustainable packaging storage with limited sales and environmental concerns due to the high use of plastic storage containers are some challenging factors

Which region is leading in the market?

North American region is leading with the highest shares of the market

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