Technavio Market Research Analysts Identify Round Storage Containers to Gain Prominence in the Food Storage Containers Sector

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According to the latest market research study by Technavio, the global food storage containers market 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 global food storage containers market in terms of revenue and emerging market trends. The report also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.

Technavio research analysts categorize the market based on the shape

                                                                                                                      Source: Technavio

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 Global round food storage containers market: The consumers opt for round containers to store dry ingredients as it does not leave any space for the food to get stuck. The round storage containers allow having a better air circulation leading to faster cooling times and better food preservation. Technavio expects that there would be an increase in demand for round containers during the forecast period.

“The manufacturers of round food storage containers design the containers in such a way that they are free of the harmful chemicals such as BPA and are also considered to be dishwasher safe. They are also providing different styles and sizes of round food storage containers that are available for both indoor and outdoor use,” says Abhay Sinha, a senior analyst at Technavio.

Global square food storage containers market: These containers are perfect for maximizing the storage space as they are easier to stack different kinds of food items in smaller spaces. These containers are produced with high-quality plastic to meet the demand of the food storage applications of commercial kitchens, food processing industries, and confectioneries. Such increased application will help in increasing the demand for square food storage containers during the forecast period.

Global rectangle food storage containers market: These containers help in storing the food fresh up to five times longer compared to other containers. Some of the rectangular food storage containers are designed in such a way that the built-in pump is intended to remove the air and moisture thereby extending the life of the food items in the freezer, refrigerator, and pantry.

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The top vendors operating in the global food storage containers market are:

  • Cambro
  • 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, ‘Global food storage containers Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.

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