Title: PPT-Food Container Market: Global Market Insights, Inc.
1Food Container Market 2016 2023
Food Container Market Size, Industry Analysis
Report, Regional Outlook, Application
Development, Price Trend, Competitive Market
Share Forecast, 2016 2023
2Global Market Scenario of Food Container
- Food container market size is expected to grow at
a CAGR of over 4.5 from 2016 to 2023. - Since these products are required to be preserved
for longer span of time, they are required to be
packed using extremely durable, efficient and
protective methods. - Industry surge can be attributed primarily due to
increasing number of single person household
along with rapidly growth in urban population.
Substantial increase in output is anticipated to
drive growth from 2016 to 2023. - Convenience offered by these containers in
carrying, packaging as well as during consumption
has achieved exceptional importance among
numerous consumers. Hence, the manufacturers are
needed to keep in pace with consumers dynamic
lifestyle.
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- Plastic food container market size is estimated
to be the fastest growing product segment due to
the expediency furnished as well as economy
offered over other traditional materials such as
glass, metal and paper board. - Containers such as bags and pouches are much
preferred ones owing to various attributes
offered. Some of the attributes include visual
appeal, freshness protection, convenience,
product differentiation, ease of portability and
branding opportunities. - The global food containers industry can be
segmented on the basis of product and
application. Based on product it can be segmented
as bags and pouches, plastic, paperboard, metal,
glass and other raw materials. On the basis of
application, it can be segmented into beverage,
baked, dressings and dairy condiments, sauces,
canned, chilled or frozen, fast, dried, candy and
confections. - Get more detail _at_ https//www.gminsights.com/indus
try-analysis/food-container-market
4360 Analysis
- Application Analysis
- Smaller size packaging of grain, flour, edible
cooking oils, shredded cheese, butter and
margarine, ready meals as well as aseptic soups
and stocks might furnish the colossal growth
opportunities for the industry over the forecast
period. Moreover, flourishing number of large
super markets in developed as well as developing
countries is likely to elevate purchases and thus
boost the containers demand from 2016 to 2023. - Regional Analysis
- The U.S. food container market share is
anticipated to dominate and also expected to
continue its dominance owing to increasing
personal income, urbanization as well as
ascending interest in packaged food in the
region. - Asia Pacific is estimated to be the fastest
growing region over the forecast period. China
food container market is likely to become largest
food packaging industry from 2016 to 2023.
Western Europe is likely to witness considerable
growth due to lingering recession, which in turn
results price conscious customers towards low
value packaging products. - Competitive Market Share
- Key industry participants capturing majority of
the global food container market share
encapsulate Alcan Packaging, Fold-Pak, Anchor,
Bemis Company Incorporated, Ball Corporation,
Associated Packaging Technologies, Consolidated,
Berry Plastics Corporation, Caraustar Industries
Incorporated, Evergreen Packaging, Graham
Packaging Company Incorporated, Crown Holdings
Incorporated, Hood Companies, Manchester
Industries, Graphic, Owens-Illinois Group
Incorporated, Pactiv, MeadWestvaco Corporation
among others.
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