COVID-19 to affect the Global Food Storage Container Market
Market
Synopsis
The data experts at Market Research Future
Reports (MRFR), the global food storage container market is projected to thrive
at a CAGR of 4.19% during the assessment period. The global food storage
container market is likely to hold substantial value. The increasing concern
regarding the environment is anticipated to be an important factor driving the
global food storage container market 2020. Besides, the surging urbanization
and the population has resulted in an upgraded standard of living, resulting in
changed food habits of the consumer, which has actuated the global storage
container market size. Furthermore, the work constraints have resulted in
increased usage and demand for stored food. In addition, the increased demand
for perishable products such as dairy products and meat has posed several
opportunities for expansion. Moreover, the stern rules executed by the
government towards protecting the environment and monitoring greenhouse
emissions is projected to be another factor leading to market expansion.
However, factors such as changing customer preference are likely to impede the
market growth. Besides, due to the pandemic, various companies in the market
have temporarily shut their daily operations. The halt caused in business operations
is estimated to bring a considerable impact on market revenue. It is estimated
that it will take some time to recover from the losses incurred during the
observation of lockdown. We will provide an impact analysis report on COVID-19.
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Market
Segmentation
The global food storage container market can
be distinguished on the basis of material, product, application, type, and
geography.
On the basis of material, the global food
storage container market can be distinguished
into glass, paper & paper boards, plastic, metal, and others
On the basis of product, the global food
storage container market can be distinguished
into pouches, bags, containers, and others
On the basis of application, the global food
storage container market can be distinguished into dairy products, fruits &
vegetables, meat products, baked and confectionery, and frozen foods.
On the basis of type, the distinguished food
storage container market can be segmented into rigid and flexible packaging.
On the
basis of geography, the distinguished food storage container market can be
segmented into North America, Europe, Asia-Pacific, and the Rest of the World
(RoW).
Regional
Analysis
The geographical evaluation of North America,
Europe, Asia-Pacific, and the Rest of the World (RoW) has been performed. The
market is likely to expand significantly during the review period. The APAC
region is likely to reign the worldwide market during the assessment period.
The most significant reason for regional expansion is the increasing demand for
FMCGs. Moreover, the region is prospering due to the increased disposable
income, growing popularity of packaged food, and the changed lifestyle. Europe
has attained the second position. The stored food is gaining popularity due to
the rising amount of food packaging constructed of bioplastics. Also, the
rising demand for sustainable packaging products among consumers is another
pivotal factor leading to market growth. On the other side, North America is
likely to acquire the largest share of the market. The most significant factor
leading to regional growth is the reduced waste, growing usage of packaged
food, and the growing adoption of small-sized food containers.
Key
Players
The distinguished organization of the global
food container market are Berry Plastics Corporation (US), Bemis Company, Inc.
(US), Crown (US), Graphic Packaging International, LLC (US), Graham Packaging
Company (US), Ball Corporation (US), Anchor Glass Container Corporation (US),
Constar International UK Ltd. (UK), Plastipak Holdings, Inc. (the US),
PRINTPACK (US), and a few others.
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Key Questions
Addressed by the Report
- What was the historic market size?
- Which segmentation (Product/
Capacity) is driving market?
- What will be the growth rate?
- How are the key players in this
market?
- What are the strategies adopted by
key players?
TABLE OF
CONTENTS
1 EXECUTIVE
SUMMARY
2 SCOPE OF
THE REPORT
2.1 MARKET DEFINITION
2.2 SCOPE OF THE STUDY
2.2.1 DEFINITION
2.2.2 RESEARCH OBJECTIVE
2.2.3 ASSUMPTIONS
2.2.4 LIMITATIONS
2.3 RESEARCH PROCESS
2.3.1 PRIMARY RESEARCH
2.3.2 SECONDARY RESEARCH
2.4 MARKET SIZE ESTIMATION
2.5 FORECAST MODEL
3 MARKET
LANDSCAPE
3.1.1 THREAT OF NEW ENTRANTS
3.1.2 BARGAINING POWER OF BUYERS
3.1.3 THREAT OF SUBSTITUTES
3.1.4 SEGMENT RIVALRY
3.1.5 BARGAINING POWER OF BUYERS
3.2 VALUE CHAIN/SUPPLY CHAIN
ANALYSIS
4 MARKET
DYNAMICS
4.1 INTRODUCTION
4.2 MARKET DRIVERS
4.3 MARKET RESTRAINTS
4.4 MARKET OPPORTUNITIES
4.5 MARKET TRENDS
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