A new research study by Transparency market Research (TMR) finds that the worldwide market for food container is likely to register a phenomenal rise in its valuation in the forthcoming years. The research report, titled “Food Container Market - Global Industry Size, Market Share, Trends, Analysis, And Forecasts 2012–2018,” provides an all-inclusive assessment of this market based on its historical performance, present status, and future prospects.
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According to the research report, the massive increase in the global food output is likely to influence the demand for food containers significantly in the near future. The convenience of carrying and consumption offered by food containers has boosted their popularity substantially, which is expected to reflect positively on their sales over the next few years, reports the study.
In this research report, the global market for food containers has been evaluated on three fronts: The product, application, and the geographical presence of this market. On the basis of the product, the market has been classified into raw materials food containers, glass food containers, metal food containers, paperboard food containers, plastic food containers, and bags and pouches. Bags and pouches are the most preferred food containers among consumers and are likely to remain so in the coming years, notes the market study.
Further, the research report states that baked food, chilled and frozen food, beverage, candy and confections, fast food, canned food, dried food, and sauces, dressings, and condiments dairy have emerged as the key application areas of food containers across the world. Asia Pacific, North America, Europe, and the Rest of the World have been identified as the predominant geographical segments of the global market for food containers in this research study.
The research study also examines the competitive landscape of the global market for food containers. Ball Corp., Constar International Inc., Fold-Pak, Alcan Packaging Food Americas, Anchor Glass Container Corp., Associated Packaging Technologies are the leading manufacturers of food containers across the world, states the market report.
Some of the other prominent participants operating in this market are Bemis Co. Inc., Caraustar Industries, Berry Plastics Corp., Consolidated Container Co. LLC, Evergreen Packaging, Crown Holdings, Graham Packaging Co., Hood Companies, Graphic Packaging Holding Co., Manchester Industries, Owens-Illinois Group Inc., MeadWestvaco Corp., Pactiv, Packaging Dynamics Corp., Plastipak Holdings Inc., PaperWorks Industries Inc., Printpack Inc., Pliant, Reynolds Group Holdings Ltd., Ring Companies, PWP Industries, Rock-Tenn Co., Rio Tinto Group, RTS Packaging, Saint-Gobain, Silgan Holdings Inc., Sonoco Products Co., Sealed Air Corp., Solvay Paperboard, Winpak, and Tetra Laval International SA.
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