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Food Container Market to Grab the Largest Market Share by 2018: Transparency Market Research

A report from Transparency Market Research, titled “Food Container Market - Global Industry Size, Market Share, Trends, Analysis, And Forecasts 2012 - 2018”, states that the global food container market is expected to expand rapidly during the period from 2012 to 2018 owing to growing innovations in packaging materials and changing preferences of consumers.


The food industry is among the largest industries across the globe and plays a vital role in the growth of the economy of all countries. As all food products need to be well-packaged and preserved for as long as possible, the demand for food packaging materials has increased considerably since the past decade. The growing demand for ready-to-eat food has encouraged the players in the food packaging industry to introduce innovative packaging ideas. The global food container market is witnessing innovative packaging containers that enhance the shelf-life of the products. Changes in the government regulations regarding the food packaging system have resulted into many innovations in the global food container market.


The global food container market is segmented on the basis of geography, application, and product. Based on product, the global food container market is classified into bags and pouches, plastic food containers, paperboard food containers, metal food containers, glass food containers, and raw materials food containers. The plastic food containers segment is predicted to be the fastest-growing segment in the global food container market in the years to come. Products such as pouches and bags are expected to be the favorites among consumers in the years to come as they maintain the freshness of food. Advantages such as protection, convenience, product differentiation, ease of portability, visual appeal, and branding opportunities will help the bags and pouches segment to grow rapidly in the coming few years.


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By application, the global food container market is classified into beverage, sauces, dressings, and condiments dairy, canned food, fast food, chilled and frozen food, dried food, baked food, and candy and confections. Constar International Incorporated, Anchor Glass Container Corporation, Associated Packaging Technologies, Caraustar Industries Incorporated, Consolidated Container Company LLC, Crown Holdings Incorporated, Hood Companies, Owens-Illinois Group Incorporated, Packaging Dynamics Corporation, PaperWorks Industries Incorporated, Reynolds Group Holdings Limited, Ring Companies, Rio Tinto Group, Silgan Holdings Incorporated, Sonoco Products Company, and others are some of the leading companies in the global food container market.


By geography, the global food container market is divided into Asia Pacific, Europe, North America, and Rest of the World. The global food container market is expected to grow rapidly in the years to come due to the rapid increase in the global food output. Convenience of carrying, consumption, and packaging has gained unparalleled importance amongst consumers. The manufacturers of food containers are keeping pace with fast changing lifestyles of the consumers. The number of working people consuming packaged food has increased in the recent past. Food packaging containers offering flexible packaging options are expected to gain edge in the global food container market in the next few years. In the ice cream and frozen desserts market, the paperboard tubs and folding cartons are expected to dominate during the forecast period.




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