Lightweight Food Container Market Overview
Lightweight Food container is used for holding food at a room temperature, in the refrigerator or freezer. Lightweight food container keeps the food fresh for longer time period and also prevents bacterial growth and minimizes the chances of mold. Lightweight food containers are durable, resistant to cracking, and resistant to moisture and vapor.
Lightweight Food Container Market Forecast and CAGR
According to latest research, Lightweight Food Container market is estimated to reach around 300 Bn in 2031 with an expected CAGR of 5%. Adoption of Lightweight Food Container is increasing due to increasing demand for packaged food products across the globe.
What is Driving Demand for Lightweight Food Container?
Global demand for frozen and packaged food has increased in recent decades due to busy lifestyle of consumers. The frozen or packaged food producer are adapting to ecological demands and so the demand for lightweight food container is increasing as the lightweight food container helps to reduce the cost of packaging by lower material consumption and greater shipping efficiency.
Adopting lightweight food container not only reduces overall costs but also saves energy in the production process and transportation. Lightweight food containers survive extreme environments and are not easily degraded in cold or hot temperature, thus preserving the integrity of food or beverages inside it and also protects the products from odours, and moisture.
Durability of lightweight food container allow manufacturers to print eye-catching, high quality custom designs of container.
How Plastic Flexible Containers Boosting the Sales of Lightweight Food Container?
Rigid food containers that are mostly preferred in food industry are quickly being replaced by flexible food containers that are made up of plastics. Plastics, due to their lightweight, durability, and flexibility are rapidly replacing rigid containers which are made up of rigid plastics and different non-plastic materials that includes metal and glass.
Glass and metal, which are prominently used in rigid containers, offer high barrier packaging irrespective of shelf-life requirements. Further, rigid containers formats are vulnerable to breakage and corrosion. Brands are able to offer longer shelf life and convenient user experience to consumers with the help of flexible containers.
Plastic flexible container products can be made in dense as well as transparent forms according to the merchandising requirements of the product.
Due to the properties of flexible plastic containers, the flexible containers provides brands and manufacturers the ability to increase product appeal by various innovative designs.
Europe Lightweight Food Container Market Outlook
Nearly 2 percent of the cost of the purchase of the product is accounted by packaging. In European countries the numbers are high and Germany accounts for nearly 48kg per person per annum of packaging.
However, over the last 5 years, there is increasing awareness among the consumers about environmental issues and so consumers prefer lightweight container in order to reduce waste and to prioritize portable packaging.
Consumers across the developed market are increasing focusing on buying smaller pack containers that are resealable and easy to carry.
Companies in the region are focusing on manufacturing light weight containers for maintaining both quality and quantity of products and demand is increasing by food companies and outlets for functional food containers with proper locking system, handling system, protection and prevention from external factors resulting in contamination.
North America Demand Outlook for Lightweight Food Container
Companies in the region are developing lightweight, spill proof, and portable food containers for on-the-go food and beverages. Manufacturers are developing highly functional containers for delivering better consumer experience. A unique design of container leads to minimum wastage, no-mess and reduced food contamination.
Technological advancements are also leading to the development of pouches, boxes, and bags that can keep the food hot for a long time. Companies are introducing new containers for on-the-go food that features easy-to-hold, lightweight, and consumer-friendly containers for snacks, lunch and other grab and go food products.
Who are the Key Manufacturers and Suppliers of Lightweight Food Container?
Some of the leading manufacturers and suppliers include
- Sonoco Products Company
- Weener Plastics
- Tetra Pak
- Berry Plastics Corp
- Amcor plc
- Ball Corporation
Lightweight Food Container vendors adopt various expansion strategies for enhancing their presence and increasing the market share in the global market. The strategies that vendors follow include partnership and collaborations, with other players, merger & acquisitions, Strategic alliances, new product launches, and strengthening of regional and global distribution networks.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments.
The report also maps the qualitative impact of various market factors on market segments and geographies.
- Bottles & Jars
- Cups & Tubs
- Dairy & Meat Products
- Grain Mill Products
- Fruits & Vegetables
- Bakery Products
- North America
- Latin America
- Rest of Latin America
- Rest of Europe
- East Asia
- South Korea
- South Asia & Pacific
- Australia & New Zealand
- Rest of South Asia & Pacific
- Middle East & Africa
- GCC Countries
- South Africa
- Rest of Middle East and Africa