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    Household Food Storage Containers Market Report

    Household Food Storage Containers Market Report
    Report code - SR1493 Delivery - 2 Weeks
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    Household Food Storage Containers Market Trends, Dynamics & Market Insights
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    Impact of COVID-19 on Household Food Storage Containers Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Household Food Storage Containers Market

    Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Market Insights

    The Household Food Storage Containers Market is estimated to grow from USD xx million in 2020 to USD xx million by 2026 at a healthy CAGR of 3.8% during the forecast period.

    Figure: Household Food Storage Containers Market Size, 2020-2026 (USD Million)

    Household-Food-Storage-Containers-Market-Forecast

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    What are house hold storage containers?

    Household food storage containers help with safety and maintaining a high quality of food. These containers help in extending the shelf life of the food, which depends on the packaging, food type, and storage conditions such as humidity and temperature. Food storage containers are essential for any kitchen.

    Key Players

    Key players operating in the household food storage containers market are-

    • Alcan Packaging Food Americas (US)
    • Tupperware
    • Caraustar Industries Incorporated (US)
    • Anchor Glass Container Corporation (US)
    • Constar International Incorporated (US)
    • Plastipak Holdings Incorporated (US)
    • Evergreen Packaging (US)
    • Ring Companies (US)
    • Rio Tinto Group (UK)
    • Sonoco Products Company (US).

    Market Dynamics

    The rising number of working women population, increasing number of families consuming packaged food items, along a growing surge in double-income families are some of the key factors augmenting the product demand. Moreover, the emergence of low-cost packaged foods, growing population across urban cities as well as rising number of single-person households, further boosts the market growth in the coming years.

    Segments' Analysis

    Product Trends

    Based on product, the household food storage containers market is classified into metal, glass, and plastic. The plastic segment held a significant market share in 2020 and is estimated to register a healthy CAGR during the forecast timeline. This is mainly attributed to its favorable properties such as it being undamaged from any small wear and tear, non-breakable, and lightweight has encouraged manufacturers to save costs in their transportation. Also, it also helps in lowering the cost of the product, which bolsters the segment growth. 

    Regional Trends

    By region, the Asia Pacific market accounted for a significant share in 2020 and is expected to grow at a substantial CAGR in the following years. This is mainly ascribed to a rise in household income, increase in the middle-class population, rapid urbanization, increasing population growth, and change in lifestyles of the population, Also, the strong presence of the food processing sector in the region, further proliferates the regional market growth.

    COVID-19 Impact on Household Food Storage Containers Market

    The COVID-19 outbreak has moderately affected the household food storage containers industry. The virus outbreak has turned the lives of people worldwide, with the number of cases increasing rapidly. The pandemic has affected the demand as well as food processing and packaging in supply regions. The COVID-19 crisis has affected the industry supply chain to a major extent. Additionally, people were working from home which reduced the demand for lunch boxes and thus, affected the market growth.

    Critical Questions Answered in the Report

    • What are the key trends in the household food storage containers market?
    • How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?
    • What is the impact of COVID-19 on household food storage containers?
    • What are the key strategies adopted by the major vendors to lead in the household food storage containers market?
    • What is the market share of the top vendors?

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    Target Audience

    Here is the list of the group of customers that the household food storage containers market hopes to have the greatest opportunity to convert-

    • Household Food Storage Containers vendors
    • Household Food Storage Containers retailers
    • Technical textile companies
    • Fabric companies

    Custom Research: Stratview research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.

    Frequently Asked Questions (FAQs)

    The household food storage containers market is expected to witness an impressive growth of 3.8% CAGR in the household food storage containers market.

    Alcan Packaging Food Americas (US), Tupperware, Caraustar Industries Incorporated (US), An-chor Glass Container Corporation (US), Constar International Incorporated (US), Plastipak Hold-ings Incorporated (US), Evergreen Packaging (US), Ring Companies (US), Rio Tinto Group (UK), and Sonoco Products Company (US) are among the key players in the household food storage containers market.

    The rising number of working women population, increasing number of families consuming packaged food items, along a growing surge in double-income families are the factors driving the growth of household food storage containers market.

    The plastic segment is expected to register a healthy CAGR in the household food storage containers market in the coming years.

    Asia-pacific is expected to grow at a substantial CAGR in the household food storage containers market in the next five years.

    Household Food Storage Containers vendors, Household Food Storage Containers retailers, Technical textile companies, Fabric companies are the target audience in the household food storage containers market.

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