Market Analysis and Insights: Europe Food Storage Container Market
Europe food storage container market is expected to reach USD 60,001.82 million by 2028 from USD 44,623.79 million in 2021, growing at a steady CAGR of 4.3% in the forecast period of 2021 to 2028.
Food storage is the method of storing raw as well as cooked food in the proper conditions, which can be used in the future. Containers are manufactured from various kinds of materials such as plastic, glass, metal, and many more which are preferred by the consumers as per the requirement. The airtight food storage containers help in maintaining the taste and nutritional value of the food. Food storage container specializes in anti-bacterial properties which mean it protects food from spoilage due to the environmental conditions. The food storage container has a wide range of applications in households, bakeries, hotels, and many more.
Growing preferences of the consumers for a small-sized food storage container in households in various countries is driving the food storage container market. The food storage container is available in various kinds of materials such as metal, plastics, glass, acrylic, ceramic, silicone, paper, and others. Plastics are used mainly in the manufacturing of food storage containers as they are light weighted and cheaper than any other material used in the manufacturing of the container. The food storage container is used in hotels, bakeries, households, and at various other places which are used in storing either raw or cooked food in bulk.
Europe food storage container Market Scope and Market Size
The Europe food storage container market is segmented into nine notable segments, which are by material, purpose, shape, capacity, technology, appearance, function, end-user, size. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
· On the basis of material, the food storage container market is segmented into metal, plastics, glass, acrylic, ceramic, silicone, paper, and others. In 2021, the plastics segment is expected to dominate the market due to the growing demand for convenient food products in the market among the working population.
· On the basis of purpose, the food storage container market is segmented into microwave compatible, airtight containers, and others. In 2021, the airtight container segment is expected to dominate the market as the demand for the airtight container segment in the food storage container is more because the airtight containers keep the food fresh for a longer time duration which increases its usage in the confectionaries for storing huge quantity.
· On the basis of shape, the food storage container market is segmented into round, square, and others. In 2021, the square-shaped food storage container is expected to dominate the market because it makes the food easy to be placed.
· On the basis of capacity, the food storage container market is segmented into less than 100 ml, 100-500 ml, 500-1000 ml, 1000-1500 ml, 1500-2000 ml, and more than 2000 ml. In 2021, more than 2000 ml segment is expected to dominate the market because of the growing demand for bakery products which increases the demand of the large containers.
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The Europe food storage container market is segmented into six notable segments which are by material, purpose, shape, capacity, technology, appearance, function, end-user, size.
The countries covered in the rigid thermoform plastic packaging market report are Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, and the rest of Europe.
Germany is dominating the European market owing to the maximum production rates of these types of food storage container products in different applications in the packaging industry
Europe food storage container Market, By Country Level Analysis
From the above diagram, the demand for the container is increasing in the European region. In Germany the demand of the container is increasing due to increasing demand of plastic container products in food and beverage packaging.
Competitive Landscape and Food storage container Market Share Analysis
Europe food storage container market competitive landscape provides details by the competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, brand analysis, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to the Europe food storage container market.
The major companies manufacturing food storage containers in the Europe food storage container market are The Clorox Company, Tupperware, Newell Brands, Amcor plc, LocknLock Co., Ltd., NuWave L.L.C., OXO, Thermos L.L.C., EMSA GmbH, Detmold Group, among others.
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MAJOR TOC OF THE REPORT
· Chapter One: Introduction
· Chapter Two: Market Segmentation
· Chapter Three: Market Overview
· Chapter Four: Executive Summary
· Chapter Five: Premium Insights
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