Global Food Containers Market Drivers, Trends and Restraints 2022-2031

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Global Food Containers Market Report 2022 – Global Market Size, Trends and Forecast 2022-2026

The Business Research Company Global Food Containers Market Report 2022 – Market Size, Trends and Forecast 2022-2026

LONDON, GREATER LONDON, UK, September 23, 2022 /EINPresswire.com/ — According to “2022 Global Food Container Market Report” by The Business Research Company, the market size is expected to grow from $222.37 billion in 2021 to $238.36 billion in 2022 at a rate of compound annual growth (CAGR) of 7.19%. Growth in the container industry is primarily due to companies revamping their operations and recovering from the impact of COVID-19, which previously led to restrictive lockdown measures involving social distancing, remote working and the closure of business activities that resulted in operational challenges. The container market share is expected to reach $318.96 billion in 2026 with a CAGR of 7.55%. Rising consumption of processed and packaged foods is expected to propel the growth of food container market.

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Key Food Container Market Trends
Advancement in technology is one of the major trends in the food container market that is gaining popularity. Cutting-edge technology has transformed the food industry and associated businesses, technologies such as the use of recyclable packaging, smart packaging and micro-packaging that increase the shelf life of food and avoid direct contamination. Recyclable materials are mainly used for the packaging industry which helps companies implement circular packaging practices. In addition, recyclable packaging technologies also cater to mono-material packaging, which avoids the use of a multi-layer packaging system. Technological advancement, including recyclable packaging solutions, is a discovery of knowledge that advances technology. For example, in 2019, Amcor, a UK-based packaging company, launched a new high-barrier laminate solution AmLite Ultra Recyclable, which is made from the company’s high-barrier polyolefin film. The product is environmentally friendly as it can be recycled and can reduce a pack’s carbon footprint by up to 64%. It is a recyclable packaging solution that creates an attractive packaging design while preserving food freshness.

Food Containers Market Overview
The food containers market consists of the sale of food containers by entities (organizations, individual traders, and partnerships) that are used for the storage of food and protect it from contamination. It prevents the expansion of microorganisms and increases the shelf life of food. The food container depends on various factors such as reasonable food storage (room temperature, chilled or frozen), stored food, storage time and storage space. The container is used as bag, plastic container or glass container.

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TBRC Global Food Containers Market Report 2022 covers the following insights:

Market Size Data
Forecast period: historical and future
• By region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, United States, South America, Middle East and Africa.
• By country: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, United Kingdom, USA.

Market segmentation
• By product: bottles and jars, cans, cups and jars, boxes
• By material: plastic, metal, glass
• By application: meat products, dairy products, bakery products, fruits and vegetables
• By Geography: The global food container market analysis report is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East & Africa. Among these regions, North America holds the largest market share.

Major Market Players such as Amcor plc, Plastipak Holdings, Inc., Constar International UK Ltd., Sonoco Products Company, Graham Packaging Company, Inc., Ball Corporation, Printpack Incorporated, Ardagh Group, Tetra Laval International SA, Bemis Company, Inc . , Graphic Packaging International, LLC, Anchor Glass Container Corporation, Alcan Packaging Food Americas, Caraustar Industries Incorporated, Evergreen Packaging and PWP Industries, Inc.

Trends, opportunities, strategies and much more.

The Global Food Containers Market Report 2022 is one of the comprehensive reports by The Business Research Company that provides insight into the global Food Containers Market. Market report analyzes Global Food Containers Market size, Global Food Containers Market growth drivers, Global Food Containers Market segments, Global Food Containers Market major players, Global Food Containers Market growth Food Containers across all geographies and Food Containers market competitors’ revenue and market positioning. The Food Containers market report enables you to better understand the opportunities and strategies, as well as identify the countries and segments with the highest growth potential.

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