The major growth driver in the global rigid food containers market is the increase in the demand for sustainable packaging containers. The income and size of households are changing along with the change in lifestyles and hectic work schedules. This has influenced the consumers’ food buying behavior dramatically, as they buy more ready-to-eat foods. Rigid food containers also improve the shelf life of food products. There is an increase in the expenditure related to packaged food items globally. The food and beverage industry is increasing its use of rigid food containers due to better packaging options offered by the product. All these factors, among several others, are fuelling the expansion of the market for rigid food containers.
Sarasota, FL -- (SBWIRE) -- 10/23/2018 -- Global Rigid Food Containers Market: Overview
Packaging refers to the process of preserving and enclosing products for various purposes, such as sale, distribution, and storage. Rigid packaging containers are usually used by the food and beverages industry, to facilitate damage prevention and ease in handling varied food items. The popularity of the global rigid food containers market is due to the various characteristics of rigid containers, such as high impact strength, high stiffness, etc.
Global Rigid Food Containers Market: Growth Factors
The major growth driver in the global rigid food containers market is the increase in the demand for sustainable packaging containers. The income and size of households are changing along with the change in lifestyles and hectic work schedules. This has influenced the consumers' food buying behavior dramatically, as they buy more ready-to-eat foods. Rigid food containers also improve the shelf life of food products. There is an increase in the expenditure related to packaged food items globally. The food and beverage industry is increasing its use of rigid food containers due to better packaging options offered by the product. All these factors, among several others, are fuelling the expansion of the market for rigid food containers.
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Global Rigid Food Containers Market: Segmentation
The global rigid food containers market can be divided based on material type, application, and packaging type. On the basis of material type, the market for rigid food containers can be segmented into plastic, glass, metal, and paperboard. The plastic segment of this market is expected to remain the most preferred by food container manufacturers, due to the various benefits of plastic. Based on application, the rigid food containers market can be classified into dairy products, ready-to-eat food, fruits and vegetables, bakery and confectionery, baby food, and meat, poultry, and seafood, among others. On the basis of packaging type, the market for rigid food containers can be categorized into trays, cans, boxes and cartons, cups and tubs, and bottles and jars, among others.
Global Rigid Food Containers Market: Regional Analysis
Based on regions, the global market for rigid food containers can be divided into five main regions: North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. In the Asia Pacific region, developing countries, such as India and China, are anticipated to dominate the global market for rigid food containers in the upcoming years. This is due to the increase in the disposable income of the middle-class population, better standards of living, and growing demand for canned foods. The North American and European regions are expected to hold a substantial share of the market for rigid food containers in the future, due to rise in the number of nuclear families and busy work schedules of people.
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Global Rigid Food Containers Market: Competitive Players
The key market players of the global market for rigid food containers include Huhtamaki Oyj., Bemis Co., Sonoco Products Company, Printpack Inc., Smurfit Kappa Group, Crown Holdings, Ball Corporation, Reynold Group Holdings, MeadWestvaco Corp., Resilux NV, DS Smith PLC, Berry Global Group, Sealed Air Corporation, Constar International, Packaging Corporation of America, The Dow Chemical Co., Holmen, BASF, Associated Packaging Technologies, and Amcor Ltd., among several others.
Global Rigid Food Containers Market: Regional Segment Analysis
North America
The U.S.
Europe
The UK
France
Germany
The Asia Pacific
China
Japan
India
Latin America
Brazil
The Middle East and Africa
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