Household Food Storage Containers Market

Household Food Storage Containers Market Outlook (2022-2032)

Expanding at a CAGR of 4.4%, the global household food storage containers market is set to increase from a valuation of US$ 26 billion in 2022 to US$ 40 billion by the end of 2032.

Demand for plastic containers is predicted to increase at a CAGR of 4.7% through 2032 due to their advantageous characteristics such as high strength, lightweight, impermeability to moisture, and protection from sunlight.

Household food storage containers aid in food safety and quality preservation. Ideal food storage for the home depends on the food type, packaging, and storage circumstances, particularly temperature and humidity, containers can enhance the shelf life of food. There are many different food containers and packaging options available today made of various materials.

Customers increasingly seek to maintain the quality of food wherever they are because of the hectic lifestyles that they have adopted in today’s world, especially in developed countries. Customers want high-quality goods that are leak-proof, airtight, micro-capable, and aesthetically pleasing. Manufacturers of food containers now place a great priority on adapting to these shifting consumer expectations.

Strong household demand, high packaged food consumption, and rising disposable income are the elements driving market value. The market is growing as a result of changing lifestyles, a higher percentage of women in the workforce, and an increase in the number of families with double incomes.

Large-scale developments in the market have been fuelled recently by the expansion of packaged food as one of the most lucrative segments of the global food and beverage industry. Considering the ever-growing variety of product kinds and their diverse applications, there are many opportunities for expansion for the food packaging industry.

Manufacturers are increasing production levels in response to the rising demand for food containers to store ready-to-eat meals. Additionally, a wide variety of product alternatives and ongoing application scope expansion are expected to create new growth opportunities for household food storage containers.

Growing adoption of rigid packaging is ascribed to its excellent barrier properties, impact resistance, and stiffness. Due to rising urbanization and shifting lifestyles, packaged food is in high demand, and food storage containers benefit from their long lifespan.

Continued growth of the beverage industry, which is dominated by alcoholic and energetic drinks, is expected to be advantageous for rigid packaging. The flexible packaging market is anticipated to grow at the highest rate due to the increased use of thin-film wrapping, which acts as an effective defensive layer to enhance the shelf life of different processed goods in the nutritional domain.

Demand for sustainable packaging is anticipated to progress as a result of laws by government organizations limiting greenhouse gas emissions in the food and beverage sector. These are the main factors boosting market expansion.

People are becoming more aware of environmental challenges. They are requesting the production of more environmentally friendly food containers. Surging health consciousness among consumers is creating opportunities for the household food storage containers market.

It is anticipated that the enormous increase in global food production will drive the industry for food containers. Consumers want simple packaging that is simple to transport, consume, and store. As a result, manufacturers of food containers must keep up with changing consumer preferences.

Report Attributes	Details
Household Food Storage Containers Market Size (2022)	US$ 26 Billion
Projected Market Value (2032)	US$ 40 Billion
Global Market Growth Rate (2022-2032)	4.4% CAGR
Market Share of Plastic Containers	50%
Key Companies Profiled	Tupperware Newell Brands Sonoco Products Company Caraustar Industries Inc. Evergreen Packaging PWP Industries Rio Tinto Group Alcan Packaging Food Americas Anchor Glass Container Corporation Constar International Incorporated Plastipak Holdings Incorporated Printpack Incorporated S. C. Johnson & Son, Inc. Sterilite Corporation

Why Has Demand for Household Food Storage Containers Been Steadily Increasing?

“High Need for Advanced Techniques to Ensure Food Quality”

Food producers are paying more attention to the design and originality of food containers, which encourages producers to package their goods in a variety of inventive ways. This is predicted to fuel the growth of the global household food containers market over the coming years.

Increasing desire for using cutting-edge techniques to ensure food quality. Food products can be transported safely over long distances from their source of manufacture thanks to food containers that keep them fresh.

“Continuous Innovations in Packaging Solutions”

The expansion of the takeout containers market is anticipated to be fueled by the development of packaging solutions such as intelligent packaging, vacuum packaging, active packaging, edible coating, and others that extend food's shelf life and give consumers better, higher-quality food.

To monitor the environmental conditions of food products along the supply chain, smart packaging offers affordable alternatives. It also provides product packaging options with extra value. Smart packaging combines active and intelligent packaging to provide benefits such as quality control and consumer involvement.

Which Challenges Do Providers of Household Food Storage Containers Face?

“Lack of Raw Materials and Easy Availability of Alternatives”

The manufacturing of food containers was constrained by a lack of raw materials due to the disruption of the supply chain, which could hinder the demand for hinged food containers.

Food that has been kept in containers for a long time is known to get contaminated. Low-quality materials are a major obstacle to the food storage containers market expansion.

Strict government laws and regulations and the availability of alternatives due to consumers' shifting preferences toward green products due to environmental concerns could hinder the sales of food storage containers.

Which Recent Market Trends are Paving the Way for Start-up Companies?

“Emerging Market Players Concentrating on Creating Advanced & Eco-friendly Storage Solutions”

New companies are concentrating on creating advanced & eco-friendly solutions to suit the expanding need for sustainable packaging on a global scale.

• A unique container solution is offered by South Korean start-up Innerbottle, ensuring zero waste and a sustainable environment. Plastic resources may be swiftly and entirely recycled 100% because a single container made up entirely of plastic materials is collected and recycled using a specialized technique.

Which Region Provides Optimistic Growth Opportunities for Market Players?

“Rapid Expansion of Food Processing Industry in Asia Pacific”

Asia Pacific dominates the global market. Strong efforts by government organizations and ongoing projects are supporting market growth. Population expansion, rapid urbanization, and increased disposable income are predicted to play a significant influence in expanding the food processing industry size.

The industry is expected to develop as a result of the spread of the e-commerce sector, huge demand for food containers, changes in consumer eating habits, and consumer spending power.

Country-wise Insights

How is Demand for Household Food Storage Containers Expected to Shape Up in South Korea?

“Huge Demand for Eco-friendly Materials in Food Container Production”

The growing desire for packaged and convenient food products among working people, the expanding use of rigid plastic containers to prevent food and beverages from leaking, and the increasing demand for eco-friendly materials in the production of food containers are all factors driving market expansion in South Korea.

Why is the United States the Largest Market for Household Food Storage Containers?

“High Consumption of Packaged Food Items in the U.S.”

The U.S. market is expanding as a result of growing consumption of packaged goods, waste reduction efforts, rapid adoption of metal containers, rising household use of compact food containers, and the demand for fresh food.

Market revenue is driven by an increase in demand for canned items in the United States, such as tinned fish and meat.

How is Japan Contributing to the Sales of Household Food Storage Containers?

“Growing Consumer Expenditure on Carbonated Beverages in Japan”

The market for household food storage containers in Japan is estimated to develop at a CAGR of 3.1% over the forecast period.

The expanding beverage industry is responsible for the market expansion, which raises demand for plastic bottles to store bottled water and fizzy beverages. Thus, increasing consumer expenditure on carbonated beverages is projected to propel market expansion in Japan.

How is the Market for Household Food Storage Containers Progressing in Germany?

“Rising Sales of Processed Foods & Beverages in Germany”

Increase in the use of plastic and metal containers, which are mostly used to store packaged food & whole grains and the presence of key household food storage container manufacturers are driving market growth in Germany.

The market sees strong sales of nuts, dried fruits, and organic items, which is predicted to boost demand for food storage containers.

Category-wise Insights

Why is Demand for Plastic Household Food Storage Containers Gaining Ground?

“Plastic Household Food Storage Containers Preferred Due to their Cost-effectiveness”

Based on material, household food storage containers are divided into paperboard, plastic, glass, and others. Plastic household food storage containers account for 50% share of the global market.

As the name suggests, a plastic food container is a container made of plastic that is intended to carry both solid and liquid food products. Due to its many advantages over other options, plastic is the material that is most widely employed in the packaging industry. Plastic is lighter than other materials. When compared to other materials such as metal and glass, it is also fairly affordable.

Sales of plastic household food storage containers are surging due to the rising need for rigid packaging from food and beverage producers who want to extend the shelf life of their products and improve their aesthetic appeal to customers. Due to their aesthetics and ease of manufacture, plastic containers are becoming more used by food producers.

Why is the Popularity of Bottles & Jars Rising Rapidly?

“Bottles & Jars Widely Used to Protect Food from Deterioration and Leaks during Shipping”

Based on product, household food storage containers are classified into bottles & jars, cans, boxes, and cups & tubs. The consumption of bottles & jars is expected to propel at a significant CAGR over the forecast period. All kinds of food products are stored in a variety of glass and plastic jars and bottles.

Due to their many benefits, such as barrier protection against air, water, and light and avoiding leaks and spoilage during shipping, bottles and jars are in high demand. They keep the taste and nutritional content of the packed products while protecting the food from deterioration. Rising demand for bottles and jars from various industries is driving market expansion.

Competitive Landscape 

To meet the rising demand for food containers, key companies in the household food storage containers market are attempting to concentrate on increasing their production capacity by investing in their existing systems.

For instance,

• In 2021, Amcor Plc announced its collaboration with the Alianza Team and the introduction of its first cooking oil bottle in Colombia, made entirely of recycled materials.

Segments of Household Food Storage Containers Industry Research

• By Material:

  • Paperboard
  • Plastic
  • Glass
  • Others

• By Product:

  • Bottles & Jars
  • Cans
  • Boxes
  • Cups & Tubs

• By Distribution Channel:

  • Offline
  • Online

• By Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa