The global market for rigid food packaging is anticipated to increase from the US$ 197.5 billion that has not yet been calculated in 2023 to US$ 317.7 billion in 2033, according Future Market Insights. Between 2023 and 2033, the market is projected to grow rapidly at a CAGR of 4.9%.
Rigid food containers refer to the packaging solutions that provide a sturdy and protective enclosure for food products. These containers are typically made from materials like plastics, glass, metal, and paperboard. The primary purpose of rigid food containers is to maintain the quality, freshness, and safety of the packaged food items during storage, transportation, and display. They come in various shapes and sizes, including cans, bottles, jars, cartons, and trays, catering to the diverse packaging needs of different food products.
The global rigid food containers market is expected to experience significant growth in the coming years. This is due to a number of factors, including the increasing demand for packaging solutions that are both convenient and sustainable. Rigid food containers, which are made from materials such as plastic, glass, and metal, are widely used for the packaging of a variety of food products, including fresh produce, dairy products, and prepared meals.
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The growth of the e-commerce industry is also driving the demand for rigid food containers. As more consumers opt for online shopping, there is an increasing need for packaging solutions that can protect food products during transportation. Rigid food containers are well-suited for this purpose, as they are strong and durable and can help to ensure that food products arrive at their destination in good condition.
The global rigid food containers market is highly competitive, with a large number of manufacturers offering a wide range of products.
Key Takeaways from Rigid Food Packaging Market
- Based on material, rigid food packaging made from bagasse material is expected to cover 12.4% of the global market share in 2022.
- The cups & tubs segment by packaging type is anticipated to expand by 4.3% CAGR during the forecast period in the rigid food packaging market.
- Based on application, the baby food category is estimated to grow 1.3 times the current rigid food packaging market value during the forecast period.
- The U.S. rigid food packaging market is set to generate a share of around 12.7% in 2033.
- India is projected to cover about 5.4% of the rigid food packaging market share throughout 2023.
Key Drivers and Challenges
Key Drivers
- Increasing Demand for Convenient Packaging: The busy lifestyles of consumers have fueled the demand for convenient and on-the-go food products, driving the growth of the Rigid Food Containers Market.
- Rising Concerns about Food Safety and Quality: With growing awareness about food safety, consumers are seeking reliable packaging solutions that can ensure the freshness and integrity of food products.
- Technological Advancements in Packaging Materials: Continuous innovations in packaging materials have led to the development of advanced rigid food containers that offer improved shelf life, barrier properties, and sustainability.
- Growing E-commerce Sector: The rapid growth of the e-commerce sector has significantly impacted the packaging industry, including rigid food containers, as online purchases require secure and damage-resistant packaging.
Challenges
- Environmental Concerns: The use of plastic containers in the Rigid Food Containers Market has raised concerns about plastic pollution and its impact on the environment. Manufacturers are striving to develop sustainable alternatives to mitigate these concerns.
- Stringent Regulations: Governments and regulatory bodies are imposing stringent regulations on packaging materials, including restrictions on the use of certain materials, which may affect the market dynamics.
- Cost of Raw Materials: Fluctuating prices of raw materials, such as plastics and metals, can impact the overall cost of rigid food containers, posing challenges to manufacturers.
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Demand for ready-to-eat food products, increasing hygiene concerns, and rising consumption of canned food are set to burgeon the rigid food packaging market during the estimated time frame,” says a lead analyst at Future Market Insights.
Competition Landscape: Rigid Food Packaging Market
Amcor plc, Greif Inc., Crown Holdings, Inc., Mauser Packaging Solutions, Berry Global Inc., Silgan Holdings Inc., Sonoco Products Company, Pactiv LLC, Printpack, ITC Packaging, DS Smith plc, WestRock Company, Sealed Air Corporation, Smurfit Kappa Group plc, Huhtamaki Oyj, Genpak, LLC, and Georgia-Pacific LLC among others are few of the key players spurring the global rigid food packaging market.
Rigid Food Packaging Market Outlook by Category
By Material:
- Plastic
- Paper & Paperboard
- Metal
- Glass
- Bagasse
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By Packaging Type:
- Trays & Clamshell
- Bottles & Jars
- Cans
- Cups & Tubs
- Boxes & Cartons
- Others (Bowls, Cutlery)
By Application:
- Meat, Poultry & Seafood
- Dairy Products
- Bakery & Confectionary
- Ready-to-eat Food
- Baby Food
- Produce Food
- Other Foods (Spices, Sauces)
About Future Market Insights, Inc.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
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