Global Food Storage Container Market Insights Forecasts to 2033

• The Global Food Storage Container Market Size was Valued at USD 162.23 Billion in 2023
• The Market Size is Growing at a CAGR of 4.12% from 2023 to 2033
• The Worldwide Food Storage Container Market Size is Expected to Reach USD 242.89 Billion by 2033
• North America is Expected to Grow the fastest during the forecast period.

The Food Storage Container Market Size is anticipated to exceed USD 242.89 Billion by 2033, growing at a CAGR of 4.12% from 2023 to 2033.

Market Overview

Food storage containers serve more than one purpose; they are meant to preserve, store, and transport products to prolong the life of the food. There are so many ways available for food storage: bottles and jars, cans, bags, cups and tubs, and boxes. The containers for food have to be robust enough not to allow spoilage or damage while in the package. The food containers are of different materials and are used for various purposes. These are incredibly practical and simple to microwave. Cleaning and maintenance are minimal. They have lids for covering food to keep it safe from bacteria and help in better identification. Microwaveable, easy cleaning with minimal maintenance makes them an eco-friendly and cost-effective storage option. The food container market is poised to shift with the rising awareness of consumers on environmental and sustainability issues related to food pantries. The manufacturer also provides colored polycarbonate food storage containers. Customers may now clearly view what's inside. Manufacturers seek to develop and supply innovative, high-quality, and durable products for the hospitality industry. With the emergence of consumer preferences regarding storage containers that are rugged yet light to lift and carry within homes, this demand ought to drive the market growth during the forecasted period.

Report Coverage

This research report categorizes the market for the food storage container market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the food storage container market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the food storage container market.  

Driving Factors

The need for maintaining food quality will probably be one of the main growth factors in the market. The food storage container keeps the food fresh as well as the other quality food products. Besides that, keeping food in food storage containers will help consumers maintain their freshness much longer than if the products were left in other boxes. And therefore, the demand for food storage containers increases, which maintains the market growth.

Restraining Factors

Increased probability of food contamination is anticipated to hinder market growth throughout the forecast period. The most frequent cause of food contamination is the use of food containers manufactured from cheaper materials; however, this would work against the growth of the market.

Market Segmentation

The food storage container market share is classified into material and products.

• The plastic segment dominates the food storage container market through the forecast period.

Based on the material, the food storage container market is categorized into plastic, paperboard, metal, glass, and others. Among these, the plastic segment dominates the food storage container market throughout the forecast period. The growth is attributed to plastic being the most popular material utilized in packaging. Compared to any other material, less energy is utilized in making plastic, and it is lighter than any other material. It is also quite cheap compared with the cost of materials such as glass and metal.

• The bottles & jars segment holds a significant market share through the forecast period.

Based on the products, the food storage container market is categorized as bottles & jars, cans, bags, cups & tubes, boxes, and others. Among these, the bottles & jars segment holds a significant market share through the forecast period. The growth is driven by it providing increased resistance to any form of physical damage and contamination and hence makes it ideal for packaging intuitive products, such as perishable and sensitive foods. Different bottles & jars contain a variety of items, including jam, honey, sauces, cheese, mayonnaise, spices, oil, spreads, syrup, processed fruits and vegetables, fish, and meat.

Regional Segment Analysis of the Food Storage Container Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

Asia Pacific is anticipated to hold the largest share of the food storage container market over the predicted timeframe.

Asia Pacific is anticipated to hold the largest share of the food storage container market over the forecast period. Rapid development in food processing within the region receives massive support from the government. The major driving nations that contribute to the growth of the APAC regional market are China, Japan, and India. China has dominated the Asia-Pacific market for food storage containers due to its vast production and consumption of recyclable food storage containers, thus propelling market growth in this region.

North America is expected to grow at the fastest CAGR growth in the food storage container market during the forecast period. The rise in demand for packaged foods, reduced wastage in households, increased household consumption of small food containers, and another increased demand for fresh foods all have a strong impact on the growth in this area. Increased personal income, urbanization, and the ever-increasing demand for packaged goods are other factors driving the sector. Increased canned-food demands in the U.S., more especially tinned fish and meat, also act as market growth in the region.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the food storage container market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

•  The Clorox Company
•  Tupperware
•  Newell Brands
•  Amcor plc
•  LocknLock Co.
•  Molded Fiber Glass Company
•  Prepara
•  Thermos L.L.C.
•  Freshware
•  Oneida
•  Glasslock  
•  Vremi  
•  Vtopmart  
•  EMSA GmbH
•  Silgan Containers
•  Lindar Corp.
•  Detmold Group
•  Pactiv L.L.C., OXO

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Developments

• In June 2024, the acquisition of Eviosys, from KPS Capital Partners, was officially announced by Sonoco Products Company. Eviosys is one of the leading global providers of innovative and sustainable metal packaging solutions for the food, consumer goods, and promotional sectors at an approximate amount of USD 3.9 billion. The acquisition drives Sonoco's efforts to focus on and develop its core business segments while pursuing high-yield investment opportunities, both through organic and merger and acquisition strategies.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the food storage container market based on the below-mentioned segments: 

Global Food Storage Container Market, By Material

• Plastic
• Paperboard
• Metal
• Glass
• Others

Global Food Storage Container Market, By Products

• Bottles & Jars
• Cans
• Bags
• Cups & Tubes
• Boxes
• Others

Global Food Storage Container Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa