According to the latest market research study by Technavio, the food storage container market in the US is expected to grow at a CAGR of close to 4% during the forecast period 2017 to 2021.
This report by Technavio provides an in-depth analysis of the food storage container market in the US in terms of revenue and emerging market trends. The report also includes a competitive vendor landscape and forecasts for various market sections and all geographical segmentations.
Technavio research analysts categorize the market based on the shape
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Round food storage containers: End-users opt for round containers to store dry ingredients as round containers do not leave any space for the food to get stuck. Customers opt for different sizes of food storage containers depending on the food item.
“It is expected that there would be an increase in demand for round containers during the forecast period. Manufacturers in the US that provide round food storage containers are focusing on designing the best products with a variety of sizes and styles. These manufacturers design food storage containers in such a way that they are free from harmful chemicals like BPA and are also dishwasher safe. They also provide food storage containers that are available with twisted and threaded lids to avoid leaks,” says Abhay Sinha, a lead analyst at Technavio.
Square food storage containers: Square food storage containers are perfect for maximizing storage space. They are designed to utilize every inch of the available space, which increases the storage capacity. Square plastic food storage containers are specifically designed to preserve food for longer periods. These food storage containers are manufactured with high-quality plastic to meet the demand for storing food in commercial kitchens, food processing industries, and confectioneries. Such advanced features are expected to increase the demand for square food storage containers during the forecast period.
Rectangle food storage containers: Rectangular food storage containers also help in keeping the food fresh, up to five times longer compared to other containers. Some rectangular food storage containers are designed in such a way that the built-in pump removes the air and moisture, which extends the life of food when stored in freezers, refrigerators, and pantries. Top manufacturers in the US market such as Snapware provide rectangular food storage containers with features like airtight, leak-proof seals, BPA-free, and freezer, dishwasher, and microwave safe.
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The top vendors operating in the food storage container market in the US are:
- Cambro Manufacturing
- Carlisle
- Newell Brands
- Vollrath
The other prominent vendors in the market include Addis, AJ Stuart, Anchor Hocking, and Araven.
A more detailed analysis is available in the Technavio report titled, ‘Food Storage Container Market in the US 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
Other related reports:
- Global Foodservices Disposable Market 2017-2021
- Global Plastic Food Container Market 2017-2021
- Global Paper and Paperboard Container and Packaging Market 2016-2020
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