Sales in the global grab and go containers market are expected to rise steadily due to rising demand from the food and beverage industries for convenient storage and disposal packaging solutions. Increasing preference for ready-to-eat and takeaway meals is expected to drive demand for grand and go containers.
Companies in the foodservice industry are looking for more cost-effective, leak-proof, and convenient food packaging solutions, which is projected to drive market expansion.
Growing preference for takeaway and ready-to-eat food is evidential for the rapidly changing consumer eating habits, ultimately demanding more convenient, as well as cost effective means of food packaging, which in turn is expected to act as a driver for the grab and go containers market. Grab and go containers are both lightweight and are designed to hold both hot and cold food, which is expected to fuel the growth of the market.
Grab and go containers are generally single-use and can be recyclable, and are made with materials like plastic, which reduce the chances of food contamination. Moreover, their production is more cost effective as compared to non-disposable ones, as a result of which, more foodservice providers and consumers prefer grab and go containers.
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Market Competition
Some of the leading players operating in the global grab and go containers market include
- Genpak LLC,
- Sterilite Corporation,
- Anchor Packaging LLC, and
- Eco-Products LLC.
Players such as Genpak and Anchor Packaging are launching plant-based containers made of bamboo and jute to gain a competitive edge in the market.
Key Grab and Go Containers Market Takeaways and Projections
- The U.S. is expected to lead the North America Grab and Go Containers market, projecting the fastest growth in the region between 2021 and 2031
- Germany and the U.K. are expected to, collectively, hold the largest share in the Europe market over the assessment period.
- China will dominate the East Asia market, accounting for the largest demand share during the forecast period.
- India is expected to emerge as a highly remunerative market in South Asia, contributing the significant revenue share in the region through 2031.
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What are the Opportunities in the Grab and Go Containers Market?
Increasing sales of ready-to-eat and takeaway meals through online food delivery services are expected to create opportunities for growth in the market. Changing lifestyles and fast-paced schedules are compelling consumers to opt for easily accessible and convenient meals.
This has resulted in high preference for leakage-proof food containers that prevent the contents from contamination and offer effective storage for on-the-go consumption. Growing preference for home delivery of snacks and fast food across the globe will provide impetus to sales of grab and go containers in the forthcoming years.
Further, rising preference for reusable and recyclable grab and go containers is compelling manufacturers to use eco-friendly materials in the manufacturing process. Stringent regulations pertaining to effective disposal of single-use containers and plastic products are driving demand for eco-friendlier food packaging solutions, thereby augmenting the growth in the market.
Key Segments Profiled in the Grab and Go Containers Industry Survey
Product:
- Cups
- Bowls
- Cans
- Trays
- Bottles
- Deli Containers
Material:
- Plastic
- PET
- PE
- PVC
- Paper
- Others
End Use:
- B2B
- Food Service Outlets
- Educational Institutes
- Corporate Offices
- Healthcare Facilities
- B2C (Retail)
- E-commerce
- Supermarket
- Hypermarket
- Convenience Stores
Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- APEJ
- Japan
- Middle East & Africa
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Key Questions Asked
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