The market for household food storage containers will grow from a worth of US$ 25.7 billion in 2022 to US$ 39.9 billion by the end of 2029, expanding at a CAGR of 4.95%.
Household food storage containers aid in food safety and quality preservation. The type of food, packaging, and storage conditions—in particular, temperature and humidity—all affect how well food is stored at home. Containers can extend food's shelf life. Today, a wide variety of food packaging and containers constructed of diverse materials are accessible.
The Global “Household Food Storage Containers Market” research report give detailed information with reference to market size, share, trends, growth, cost revenue, capacity, and forecast till 2029. This report also contains the general and in-depth study of the Household Food Storage Containers market with all its aspects influencing the growth of the market. The purpose of the Market survey report is to thoroughly evaluate the current market scenario and gain a review about the Household Food Storage Containers Market and its commercial possibilities. As a consequence of the Russia-Ukraine War and COVID-19, the world economy will recover, and generate a lot of revenue till 2029.
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Key Players Mentioned in the Household Food Storage Containers Market Research Report:
Sealed Air Corporation, Tupperware, Owens-Illinois, Ardagh, Berry, Silgan, Amcor, Lock & Lock, Visy, Huhtamaki, Sabert, Coveris, Printpack, Tiger Corporation, Consolidated Container, Graham Packaging, Wihuri, Hamilton Group
On The Basis of Types: -
Segmentation by material
Metal
Glass
Plastic
Based on material, household food storage containers are divided into paperboard, plastic, glass, and others. Plastic household food storage containers account for 50% share of the global market. As the name suggests, a plastic food container is a container made of plastic that is intended to carry both solid and liquid food products. Due to its many advantages over other options, plastic is the material that is most widely employed in the packaging industry. Plastic is lighter than other materials. When compared to other materials such as metal and glass, it is also fairly affordable.
On The Basis of Application: -
Grain Mill Products
Fruits and Vegetables
Bakery Products
Meat Processed Products
Others
The regions are further sub-divided into:
- North America (US, Mexico, Canada)
- Europe (Russia, Ukraine, France, Spain, Sweden, Norway, Germany, Finland, Poland, Italy, United Kingdom, Greece, Austria, Denmark, Switzerland, Netherlands, Belgium, Turkey, Luxembourg)
- Asia-Pacific (China, Japan, India, Australia, South Korea, Taiwan, Malaysia, Philippines, Thailand, Singapore)
- South America (Brazil, Argentina, Peru, Chile)
- Middle East and Africa (Bahrain, Egypt, Israel, Kuwait, Qatar, Saudi Arabia, United Arab Emirates, South Africa)
Russia-Ukraine War Impact 2023: Economic Sanctions Imposed by the United States & its Allies on the Russian Federation Negatively Affected the Market.
“The economic sanctions imposed by the U.S. and its allies on the Russian Federation are expected to affect this Market’s growth. Furthermore, the war negatively affected the global industries leading to import and export flow disruptions. The dominance of Russia and roscosmos, a quasi-civilian space agency in the commercial space, affected alternative launch service providers in India, Japan, Europe, and the U.S. These factors negatively affected the Market during the war."
The impact of the Household Food Storage Containers Market report:
- Comprehensive assessment of all opportunities and risk in the Household Food Storage Containers Market.
- Household Food Storage Containers Market recent innovations and major events.
- Detailed study of business strategies for growth of the Household Food Storage Containers Market-leading players.
- Conclusive study about the growth plot of Household Food Storage Containers Market for forthcoming years.
- In-depth understanding of Household Food Storage Containers Market-particular drivers, constraints and major micro industries.
- Favourable impression inside vital technological and Market latest trends striking the Household Food Storage Containers Market.
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Key Takeaways from Household Food Storage Containers Report
─Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different market verticals
─Understand the different dynamics influencing the Household Food Storage Containers market – key driving factors, challenges and hidden opportunities.
─Get in-depth insights on your competitor performance – Household Food Storage Containers market shares, strategies, financial benchmarking, product benchmarking, SWOT and more
─Analyze the sales and distribution channels across key geographies to improve top-line revenues.
─Understand the market supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
─Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.
─Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the Household Food Storage Containers.
The survey covers historical data from 2018 to 2023 and predictions through 2029, making it a priceless tool for business leaders, marketing, sales, and product managers, consultants, analysts, and stakeholders searching for essential Market data in easily accessible documents with logically laid out tables and graphs.
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