Global Food Storage Containers Market 2017-2021
About Food Storage Containers
The food storage container manufacturers are making high investments on R&D to offer the best of designs and materials. They also focus on improving the quality of products, keeping in mind the environmental and sustainability concerns. End-users are also looking for diversification of the uses of food storage containers. Many end-users such as large restaurants prefer to prepare and store food in large quantities to improve their production efficiency. This necessitates the use of food storage containers, which helps save time and cost to end-users. It is important for the end-users to choose the food storage containers that are durable, which helps end-users save on cost, and helps users avoid looking for a replacement after a short period of usage. The containers should be durable so that it should be able to withstand extreme temperature. Also, end-users always look for easier methods of cleaning food storage containers. This becomes one of the key criteria before end-users buy a container. However, they opt for containers that are dishwasher safe. Glass containers are easier to clean and do not retain any odor or stain. Some end-users who opt for buying plastic food storage containers must see to it that the container does not retain any oil. Food storage containers are suitable for the storage of stew, soup, and various other solid foods. This will help the end-users to cut down on the cost, thereby avoiding the need to buy several specialized containers. End-users also look for lids before buying food storage containers as the quality of lid plays a major role in keeping the quality of food intact. The lids that are tightly fit helps prevent food contamination and spillages.
Technavio’s analysts forecast the global food storage containers market to grow at a CAGR of 3.72% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global food storage containers market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of food storage containers.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Food Storage Containers Market 2017-2021
Technavio recognizes the following companies as the key players in the global food storage containers market: Cambro, Carlisle, Newell Brands, and Vollrath
Other Prominent Vendors in the market are: Addis, AJ Stuart, Anchor Hocking, and Araven
Commenting on the report, an analyst from Technavio’s team said: “Consumers prefer containers that are environment-friendly and sustainable. Vendors are increasingly investing in R&D to develop containers that are recyclable and resistant to friction, moisture, and heat. The manufacturers are focusing on the innovative technology so that they can provide versatile material that is durable, eco-friendly, and temperature resistant. It can be used as an insulated storage container, and is beneficial for different types of end-users. However, the growing prominence of sustainable food storage containers, along with strict environmental regulations will limit the potential for conventional foamed plastic protective food storage containers to some extent especially in developed countries.”
According to the report, cooked meat needs to be stored in a well-sealed container before refrigeration so that it does not absorb any odor. Most end-users prefer storing in a glass container as they are stain resistant and are hygienic. The glass food storage container also ensures that the flavor of the food does not linger the container. On the other hand, the stain shield container also resists stains and odors. If we focus on certain food items especially those with the tomato base that leaves a stain on the plastic, whereas in case of garlic it leaves a lingering odor, many of the end-users prefer to have glass food storage containers as it avoids the potentially harmful effects and short-term durability of the plastic food storage containers.
Further, the report states that manufacturing different types of food storage containers at low cost, along with quality, is a major challenge for the market. The manufacturing of high-quality food storage containers involves high costs. For instance, manufacturing of the glass food storage containers is capital intensive; the raw materials are expensive, the final products are heavy, and the manufacturing process is hazardous. Handling and transportation costs are also high in the glass food storage container segment. Also, glass food storage containers are brittle and there are chances of damage because of improper handling. Plastic food containers are comparatively cheaper than other materials of food storage containers and easier to manufacture. However, it is difficult to dispose and can be harmful to the environment. Growing demand for innovative storage solutions is also putting a strain on vendors in the market as they have to invest large portions of their capital on R&D, product innovation, and marketing.
Cambro, Carlisle, Newell Brands, Vollrath, Addis, AJ Stuart, Anchor Hocking, Araven.