Food Containers Market Outlook – Global Trends, Forecast, and Opportunity Assessment (2014-2022)
The Global Food Containers market is estimated at $114.2 billion in 2014 and is expected to reach $199.1 billion by 2022 growing at a CAGR of 7.2% during the forecast period 2014 to 2022. Growing urban population and increasing number of working women are the key drivers for the market growth. Regulatory trends will play a vital factor in market growth. An improved demand for ready-to-eat food has brought a shift in the packaging industry. Convenience of packaging, carrying and consumption has gained unparalleled importance among consumers.
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Consumers prefer food container products such as pouches and bags owing to advantages such as freshness protection, portability, branding opportunities, visual appeal and product differentiation. Growth rate of the paperboard food containers segment is likely to slow down due to flexible packaging gaining an edge over food containers. Paperboard tubs and folding cartons will continue to dominate in the frozen desserts and ice cream market.
The key players in the market include, Bericap, Tetra Laval International SA, Crown Holdings inc., Closure Systems International (CSI), Dätwyler Holding Incorporated, Amcor Ltd., Silgan Holdings Inc., RPC Group, Reynolds Group Holdings Limited and Rexam Plc.
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Paperboard Boxes & Cartons
Other Boxes & Cartons
Other Paperboard Containers
Grain mill products
Bags and Pouches
Steel & Bi-Metal Cans
Candy and Confections
Fruits and vegetables
Sauces, Dressings, and Condiments Dairy
Chilled and Frozen Food
Candy & Confections
Rest of Asia
Rest of the World
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