Food Storage Container Market Analysis

Food Storage Container Market Analysis

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Food storage container market size from the plastics segment is accounted for over USD 42.6 billion in 2022. Plastic containers are lightweight and easy to handle, making them convenient for everyday use and on-the-go food storage. Plastic containers come in various shapes and sizes, suitable for a wide range of food items, including liquids, dry goods, and leftovers. Plastic containers are generally more affordable compared to other materials, making them a popular choice for consumers and businesses.;

Based on application, the boxes and bins segment held approximately 40% share of the food storage container market in 2022 and is expected to grow at a lucrative pace by 2032. Boxes and bins provide efficient organization and space optimization in pantries, refrigerators, and kitchen cabinets. They help keep food items neatly arranged, making it easier for users to find what they need and reducing clutter.;

Based on end-use, the refrigerator storage segment captured dominant market share in 2022 and is poised to observe gains at nearly 3.8% through 2032. Refrigerator storage containers are designed to create a sealed and airtight environment, helping to preserve the freshness of fruits, vegetables, and leftovers, and prevent them from absorbing odors from other foods in the refrigerator. Thus, the high-quality services and growing usage of food storage container are anticipated to expedite the food storage container market growth.;

U.S. dominated the North American region with majority market share and a revenue of USD 32.1 billion in 2022 and is projected to expand at a significant pace from 2023 to 2032. The growing awareness and concern about environmental issues in North America led to an increased demand for sustainable and eco-friendly food storage containers. Consumers sought alternatives to single-use plastic containers and favored products made from materials like bioplastics, glass, and stainless steel.