The global rigid food containers industry is expected to grow steadily from an estimated USD 179.8 billion in 2024 to USD 217.2 billion by 2034, driven by increasing demand for packaged, ready-to-eat, and disposable food packaging solutions. Over the next decade, the market is projected to expand at a compound annual growth rate (CAGR) of 1.9%, according to the latest report by Future Market Insights (FMI).
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Key Drivers of Growth: Rising Demand for Packaged and Ready-to-Eat Foods
The shift in consumer preferences toward packaged foods and the growing popularity of ready-to-eat meals are major drivers of the rigid food containers market’s expansion. Factors such as busy lifestyles, increased disposable income, and a growing working population are leading consumers to opt for convenient, pre-cooked food options. According to the Agriculture and Horticulture Development Board, 90% of consumers now prefer ready-to-eat meals, with 15.3% of consumers choosing them for evening snacks and 5.9% opting for them at lunchtime.
As the packaged foods market continues to expand, the demand for rigid food containers is also rising to ensure that food products are safely stored and transported. The need for packaging that can protect food from external contaminants, moisture, and temperature fluctuations is crucial, particularly for preserving the freshness and integrity of food during long-distance distribution.
Plastic Rigid Food Containers Lead the Market
Plastic rigid food containers dominate the market, accounting for over 46% of the global market share in 2023. The segment’s growth is attributed to the numerous benefits that plastic offers, including durability, lightweight properties, resistance to barriers, and its cost-effectiveness. Furthermore, plastic containers are available in various sizes and shapes, catering to the increasing demand for diverse portion sizes and packaging types for different food categories.
Restaurants and Food Delivery Services Driving Market Demand
The demand for rigid food containers is also increasing in the restaurant and food delivery sectors, as these industries prioritize safe and effective packaging to preserve food quality. The convenience of takeaway and delivery services, combined with the necessity to prevent leakage or contamination of liquid and semi-liquid food items such as gravies, smoothies, and soups, is fueling growth in this market segment.
Disposable Rigid Food Containers Gain Popularity Due to Hygiene Concerns
The growing awareness of hygiene, along with concerns over disease transmission through contaminated food, is driving the increased demand for disposable food containers. The World Health Organization (WHO) reports that one in ten people globally suffers from foodborne illnesses, with children under five years of age making up 30% of this statistic. As a result, the preference for disposable, single-use food containers has risen. These containers are perceived as safer and more hygienic, as they are not reused, eliminating the risk of cross-contamination and providing a convenient, cost-effective packaging solution.
Core Concepts in the Rigid Food Containers Industry
- 2021 Market Size : The global rigid food containers market was valued at US$ 185.7 billion in 2021.
- Growth Rate (2012-2021) : During 2012-2021, the global rigid food containers market expanded at a CAGR of 4.5%.
- 2022 Market Projection : The market is projected to reach US$ 195.7 billion by the end of 2022.
- Leading Packaging Type Segments : The boxes & cartons segment, followed by the bottles & jars segment and the trays & clamshell segment, are projected to remain prominent in the global rigid food containers market.
- Leading Material Segment : Plastic is estimated to lead the global rigid food containers market by material.
- Market Boosting Factors : High preference for packed food items among millennials is anticipated to boost demand in the global rigid food containers market.
- Major Players : Major players in the global rigid food containers market include Amcor plc, Berry Global Group, Sealed Air Corporation, Ball Corporation, Crown Holding, Inc., DS Smith plc, and WestRock Company.
- India Market Growth : The India rigid food containers market is expected to register a CAGR of 5.7% during 2022-2032.
Key Market Insights:
- Rising Demand for Convenience: The shift towards packed and convenient foods continues to drive the demand for rigid food containers. These containers offer secure packaging, ease of handling, and preservation of nutrition and freshness, meeting the growing consumer preference for ready-to-eat and on-the-go meals.
- Smart Packaging Solutions: The adoption of smart packaging solutions, integrating technologies like active and intelligent packaging, is a significant trend propelling market growth. These innovations enhance food safety, extend shelf life, and provide real-time monitoring of environmental conditions during transport and storage.
- Combatting Food Waste: With nearly one-third of food produced globally going to waste, smart packaging plays a crucial role in reducing food loss by offering improved traceability and expiry date management. Technologies such as QR codes and RFID enable consumers to make informed decisions, contributing to sustainability efforts and reducing carbon footprint.
- Market Dynamics: The market is witnessing consolidation, with the top companies expected to capture 15% – 20% of the global market share by the end of 2022. This consolidation reflects ongoing efforts to enhance product appeal through advanced packaging materials and design innovations.
Future Outlook: As consumer demand for sustainable and efficient packaging solutions grows, the rigid food containers market is well-positioned to innovate and expand. Manufacturers are increasingly focusing on eco-friendly materials and smart packaging technologies to meet evolving regulatory requirements and consumer expectations.
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Key Segments Covered
Region :
- North America
- Latin America
- Europe
- Japan
- APEJ
- MEA
Material Type :
- Plastic
- Paperboard
- Glass
- Metal
Packaging Type :
- Trays
- Bottles & Jars
- Cans
- Cups & Tubs
- Boxes & Cartons
- Others
Application :
- Meat, Poultry & Seafood
- Dairy Products
- Bakery & Confectionary
- Ready to Eat Food
- Baby Food
- Fruits & Vegetables
- Other Applications
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