Global Rigid Food Container Market Research Report 2022 Professional Edition

Rigid Food Container Market

Rigid food containers are widely used in the food and beverage sector to make it easier to handle food products and to minimise damage. Boxes and cartons, bottles and jars, cans, cups and tubs, and trays are some of the rigid packaging types used to package food products. High rigidity, high impact strength, and high barrier qualities are all characteristics of rigid packaging.

Convenience food products are in high demand, as are better packaging facilities.

Consumer food purchasing behaviour has been greatly influenced by changes in household size and income, as well as changing lifestyles and a busy work schedule. This has substantial ramifications for channel strategies and new product development in the food packaging industry, such as rigid containers. Rigid food containers have grown in favour in recent years, allowing food products to have a longer shelf life.

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Because of the growing number of nuclear households, demand for convenience foods has increased. According to the Office for National Statistics in the United Kingdom, the number of one-person households has risen steadily from slightly over 10% in 1961 to more than 30% in 2011. This share will continue to rise in the foreseeable future, resulting in increased demand for packaged food products.

In addition, the food and beverage industry has seen growing need for better packaging facilities, such as rigid packaging, as a result of rapidly changing demographics, higher expenditure on packaged food goods around the world, and enhanced production productivity.

Increased global trade necessitates the need to protect food products from damage while in transit.

Baby food, meat, poultry, and seafood, bakery & confectionary, fruits & vegetables, dairy goods, and ready-to-eat food are among the applications where rigid packaging excels. The robust expansion of the food and beverage industries’ regional client base has led in increased global trade, necessitating the need to protect food goods from harm during shipping.

Reusable and recyclable materials for rigid food containers include paperboard, metal, and glass. To reduce carbon emissions from rigid plastic packaging, leading rigid food container manufacturers are focusing on ongoing product innovation and moving beyond adoption of conventional materials and products.

Key Segments Covered

By Type :

● Plastic
● Paperboard
● Glass
● Metal

By Application :

● Meat, Poultry & Seafood
● Dairy Products
● Bakery & Confectionary
● Ready to Eat Food
● Baby Food
● Fruits & Vegetables
● Other Applications

The market for rigid food containers would be dominated by APEJ.

Asia-Pacific excluding Japan (APEJ) will continue to dominate the global rigid food container market in terms of revenue in 2017, and this trend will continue throughout the assessment period. Through 2022, the rigid food container market in APEJ is expected to grow at a faster rate than the global market. North America will also remain a lucrative market for rigid food containers, with sales expected to reach almost US$ 20,000 million by the end of 2022.

Plastic will continue to be the most popular material among rigid food container manufacturers, followed by paperboard. In 2017, revenues from rigid food containers made of plastic and paperboard are estimated to account for approximately 80% of the market. Plastic will see an increase in market share by 2022, whereas paperboard will see a modest decrease in market share in terms of sales.

Company Profiles

Key participants profiled in FMI’s report on the global rigid food containers market include Amcor Ltd., Sealed Air Corp., Berry Global Group, Inc., DS Smith PLC, Ball Corporation, Packaging Corp. of America, Crown Holdings, Inc., Smurfit Kappa Group PLC, Printpack Inc., Sonoco Products Co., Bemis Co., Inc., and Huhtamaki Oyj.

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Trays are the most common type of rigid food container

Trays will continue to be the most popular rigid food container packaging in terms of revenue and sales growth. Trays will account for over a third of the market’s revenue in 2017. Bottles and jars will continue to be the second most profitable rigid food container packaging type in terms of revenue, despite sales growth expected to be slow through 2022.

Ready-to-eat and bakery & confectionery food products will continue to be profitable applications of rigid food containers in 2017, with a combined revenue share of over half of the market. Through 2022, sales of rigid food containers for ready-to-eat food products will grow at the fastest rate.

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By Olivia Bradley

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