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Food Container Market Size Report Predicts Healthy Growth with Demand by 2031

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The global food container market is anticipated to grow significantly at a CAGR of 3.8% over the forecast period (2024-2031). The key aspect that drives the growth of the global food container market includes various advancements in the food container product types. The advent of oxygen-absorbing technologies, transparent and flexible containers, incorporation of high barrier polymeric materials, barrier coatings for packaging, adoption of polyolefin-based containers for food storage, replacement of foils with advanced aluminum-based foils, and many others are the key aspects that contribute to the growth of the market.

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For example, the Japan-based company, Nippon Global has introduced newly manufactured compostable and conventional ultra-high oxygen barrier resins (EVOH) under its modified atmosphere packaging application segment. The newly manufactured EVOH film acts as a barrier to oxygen and keeps the food material fresh for a longer duration. Along with its extraordinary properties, the material is also biodegradable which makes it easier to recycle; this, again is a major aspect that drives the growth of the global food container market.

Similarly, Rapsol, one of the major players in the manufacturing of food packaging products is working on the development of advanced plastic material for food preservation. The newly manufactured product by the company has its main characteristics including flexibility, lightweight, mechanic resistance, durability, stability, higher impermeability to humidity and, permit sterilization. Hence, intense research & development in the manufacturing of novel products aid the growth of the market.

Full report of Food Container Market available @ https://www.omrglobal.com/industry-reports/food-container-market

Market Coverage

  • Segment Covered- By Material Type and By Product Type
  • Regions Covered- North America, Europe, Asia-Pacific, Rest of the World
  • Competitive Landscape- Mondi Group, Amcor Plc, Berry Plastics Corp., Sonoco Products Co., Ball Corp., Bemis Co. Inc., Crown Holdings Inc., Owens-Illinois Group Inc., and Pactiv LLC among others

Key questions addressed by the report

  • What is the market growth rate?
  • Which segment/region dominates the market in base year?
  • Which segment/region will project fastest growth in the market?
  • How COVID-19 impacted the market?

o             Recovery Timeline

o             Deviation from pre-COVID forecast

o             Most affected region/segment

  • Who is the leader in the market?
  • How players are addressing challenges to sustain growth?
  • Where is the investment opportunity?

Global Food Container Market – Segmentation

By Material Type

  • Paper
  • Plastic
  • Metal
  • Glass
  • Others

By Product Type

  • Boxes
  • Cups 
  • Cans
  • Bottles & Jars
  • Trays
  • Bags & Pouches 
  • Others

 

Reasons to Buying From us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.

 

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/food-container-market


Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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