PRESS RELEASE
Published March 8, 2023
The 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 a technique for safely keeping both cooked and uncooked food so that it may be utilised later. Containers are made from a variety of materials, including plastic, glass, metal, and many more, depending on what the consumer needs. The food’s flavour and nutritional content are maintained thanks to sealed food storage containers.
Food rotting due to external factors is prevented by food storage containers that specialise in anti-bacterial qualities. There are several uses for the food storage container in homes, bakeries, hotels, and other establishments.
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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.
- The food storage container market is divided into metal, plastics, glass, acrylic, ceramic, silicone, paper, and others on the basis of material. Due to the increased demand for convenient food items among the working population, the plastics category is anticipated to dominate the market in 2021.
- The food storage container market is divided into microwave-compatible, airtight, and other categories based on purpose. Because airtight containers keep food fresh for a longer period of time and are therefore more frequently used in confectionaries to store large quantities, the airtight container segment is predicted to dominate the market in 2021. This is due to the increased demand for this segment in the food storage container market.
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.
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The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts, and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries.
Also, the presence and availability of European brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of sales channels are considered while providing forecast analysis of the country data.
Growth in the Europe Food Storage Container Industry
Europe Food storage container market also provides you with detailed market analysis for every country growth in the installed base of different kinds of products for the food storage container market, the impact of technology using lifeline curves and changes in infant formula regulatory scenarios, and their impact on the Europe food storage container market. The data is available for the historic period 2010 to 2019.
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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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