Increasing availability of a wide range of beverages is one of the primary growth inducing factors of the food container market. Rising investments in the production of healthy drinks are expected to influence the market greatly. Also, urbanization has led to a drastic growth in demand for frozen food.

Regional Analysis

The geographical evaluation of the global food container market is covered in this analysis for the following regions – Europe, Asia-Pacific, North America, and the Rest of the World (RoW). These regions are studied based on countries to present a comprehensive view of the market. Asia-Pacific is likely to be the fastest growing regional segment. Increasing urbanization in the region is expected to boost demand for packaged food & beverages. This is poised to contribute to the augmentation of the food container airtight market. Also, the rising investments in intensifying the shift in the packaging industry to environment friendly materials are expected to impact the market positively. Europe is also poised to earn high revenues and exhibit promising growth trends. It is primarily due to the growth of the food & beverage industry.

Segmentation

On the basis of type, the food container market has been segmented into rigid packaging and flexible packaging. Rigid packaging is highly used for beverages as they exhibit characteristics such as high impact strength, high stiffness, and high barrier.

On the basis of product, the food container market is segmented into bags, containers, pouches, and others. The bags segment and the pouches segment are expected to dominate the market together. These segments are likely to capitalize on their lightweight characteristics.

On the basis of application, the food container market has been segmented into dairy products, fruits & vegetables, frozen foods, meat products, and baked and confectionery. Among these, the frozen foods segment led the market in 2017. It is supposed to continue holding a significant share of the market in the near future.

Competitive Dashboard

Bemis Company, Inc. (US), Crown (US), Berry Plastics Corporation (US), Graham Packaging Company (US), Ball Corporation (US), Graphic Packaging International, LLC (US), Constar International UK Ltd.