Pune, India -- (SBWIRE) -- 05/06/2019 -- Our latest research report entitled Food Container Market (by product (flexible packaging, glass, metal, paperboard, rigid packaging and bags, and pouches), application (bakery products, dairy goods, fruits & vegetables, grain mill products, meat processed products)) provides complete and deep insights into the market dynamics and growth of food container. Latest information on market risks, industry chain structure food container cost structure and opportunities are offered in this report. The past, present and forecast market information will lead to investment feasibility by studying the essential food container growth factors. According to the report the global food container market is projected to grow at a CAGR of 5.7% over the forecast period of 2018-2024.

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Biodegradable Properties to Promote Growth in the Food Container Market

Increasing number of women's in labor force along with an increased number of families consuming packaged food drives the growth of the food container market. Moreover, increasing awareness of environmental issues, adoption of new regulatory requirements, health awareness and new packaging material development are fueling the growth of the food container market. Manufacturers are developing containers that are recyclable and resistant to friction, moisture, and heat. Therefore, the demand for ecological containers among consumers has increased. However, food contamination due to low quality might hamper the food container industry growth.

Furthermore, smaller size packaging of flour, edible oil, and ready meals are anticipated to furnish the massive growth opportunities for the industry over the years to come. On the other hand, growing popularity of biodegradable rigid plastic packaging will drive the growth prospects for the global plastic food container market over the upcoming years. These products are made from petrochemicals with biodegradable additives that can be easily broken down by micro-organisms and reduce the toxic effect on the environment this in turn is anticipated to open several doors of opportunity for the key players in the food container market.

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The Asia Pacific Region to Contribute to Growth in the Global Food Container Market

Asia Pacific is anticipated to be the fastest growing region for food container market followed by Europe. The reasons contributing to the growth in European region includes increasing disposable income, changing lifestyle, increased popularity of packaged food, and increasing aggregate demand for preserved food. The growth in the Asia Pacific region is due to the growth in China to become the largest food packaging industry.

Pregis to Acquire Free-Flow Packaging International

In June 2018-Pregis has signed an agreement to purchase Free-Flow Packaging International. FP International provides a wide range of protective packaging solutions through brands such as the MINI PAK'R, PRO PAK'R and POWER PAK'R and many other protective packaging products.

The acquisition of FP International will benefit their combined customer base by providing a robust set of diverse solutions and accelerated product development-most notably to address growing e-commerce shipping requirements.

Pregis offers protective packaging materials, equipment systems and surface protection to multiple sectors, including food, pharmaceutical, healthcare, medical devices, agricultural, e-commerce, retail, automotive, and transportation.

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Weener Plastics to Acquire Proenfar to Expand Product Portfolio

In April 2018-, Dutch plastic packaging supplier Weener Plastics (WP) Group has agreed to acquire Proenfar, a packaging solutions provider based in Latin America and currently owned by Altra Investments.

The transaction will allow Weener Plastics to continue its expansion in emerging markets and bolster its product portfolio. The financial terms of the deal were not disclosed.

Reasons to Buy this Report:

- Comprehensive analysis of global as well as regional markets of the food container.

- Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2024.

- Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.

- Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.