Home Food Storage Containers Market Size
| Study Period | 2020-2029 |
| Market Size (2024) | USD 26.55 Billion |
| Market Size (2029) | USD 33.55 Billion |
| CAGR (2024 - 2029) | 4.79 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Home Food Storage Containers Market Analysis
The Home Food Storage Containers Market size is estimated at USD 26.55 billion in 2024, and is expected to reach USD 33.55 billion by 2029, growing at a CAGR of 4.79% during the forecast period (2024-2029).
The food storage containers market is growing globally due to the increased awareness regarding sustainability issues and environmental challenges. Manufacturers focus on the aesthetics and innovation of food containers to provide customers with different innovative food packaging, expanding the market's growth.
Consumers are changing their preferences to promote environmentally friendly and sustainable packaging products because the world continues to fight against the effects of weather change. Significant players in the market are changing the packaging materials to meet customers' requirements. For instance, the environmentally conscious Z generation promotes eco-friendly packaging products, such as food storage containers, which creates opportunities for the market.
Manufacturers are increasing production levels with the rise in demand for food containers to store ready-to-eat meals. Rising urbanization, changing lifestyles, and increased demand for packaged food support the growth of food storage containers in the future.
Home Food Storage Containers Market Trends
The Convenience Offered by Food Containers is Driving the Market
The demand for home food containers increased because of the convenience of carrying and packaging. Manufacturers have adapted to the changing lifestyles of consumers. One of the factors that is increasing the demand for home food containers is that consumption of packaged and processed food is increasing. Bags and pouches became popular among consumers because they provide visual appeal, preservation of freshness, convenience, and portability. These qualities increase the demand for home food storage containers.
North America Dominates the Market
North America dominates the market due to the region's rising demand for home food storage containers and increased development in the e-commerce sector. Moreover, increasing demand for reusable home food storage containers in the retail sector increased the market growth. Consumers in North America are conscious of the environmental impact of disposable plastic containers and reusable alternatives; therefore, the demand for home food storage containers made of sustainable and eco-friendly products has increased in the region. Manufacturers in North America make home food storage containers made of BPA-free and food-safe. Thus, these product innovations made by the manufacturers increased the demand for home food containers in North America.
Home Food Storage Containers Industry Overview
The home food storage container market is fragmented. Major players in the market are investing in research and development to expand the product line. Market players are also taking various strategies to expand their global footprint through huge investments, new product launches, mergers, and acquisitions. The major players are The Clorox Company, Tupperware, Newell Brands, Amcor PLC, and LocknLock Co.
Home Food Storage Containers Market Leaders
-
The Clorox Company
-
Tupperware
-
Newell Brands
-
Amcor plc
-
LocknLock Co.
*Disclaimer: Major Players sorted in no particular order
Home Food Storage Containers Market News
- September 2023: Tupperware launched a new collection inspired by the Apple Original limited series “Lessons in Chemistry,” Tupperware Small Wonderlier bowl of three sets with leakproof seals.
- April 2022: Amcor introduced an innovative food storage container by incorporating new high-shield laminates that offer enhanced sustainability.
Home Food Storage Containers Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions and Market Definition
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS AND INSIGHTS
- 4.1 Market Overview
-
4.2 Market Drivers
- 4.2.1 Growing Preference Toward Home Cooked Meals
- 4.2.2 Awareness on Food Waste and Sustainability
-
4.3 Market Restraints
- 4.3.1 Market Competition and Logistics Challenges
- 4.3.2 Environmental Impact
-
4.4 Market Opportunities
- 4.4.1 Technological Advancements in the Home Food Storage Containers Market
- 4.4.2 Increasing Shift Toward Environmentally Packaging Products
- 4.5 Industry Value Chain Analysis
-
4.6 Industry Attractiveness - Porters' Five Forces Analysis
- 4.6.1 Threat of New Entrants
- 4.6.2 Bargaining Power of Buyers
- 4.6.3 Bargaining Power of Suppliers
- 4.6.4 Threat of Substitutes
- 4.6.5 Intensity of Competitive Rivalry
- 4.7 Insights on Technology Innovation in the Market
- 4.8 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
-
5.1 By Type
- 5.1.1 Rigid
- 5.1.2 Flexible
-
5.2 By Material
- 5.2.1 Plastic
- 5.2.2 Paper
- 5.2.3 Metal
- 5.2.4 Glass
-
5.3 By Product
- 5.3.1 Bag
- 5.3.2 Pouch
- 5.3.3 Containers
-
5.4 By Application
- 5.4.1 Fruits and Vegetables
- 5.4.2 Meat Products
- 5.4.3 Candy and Confections
-
5.5 By Geography
- 5.5.1 North America
- 5.5.2 United States
- 5.5.3 Canada
- 5.5.4 Mexico
- 5.5.5 Rest of North America
-
5.6 Asia-Pacific
- 5.6.1 India
- 5.6.2 China
- 5.6.3 Japan
- 5.6.4 Australia
- 5.6.5 Rest of Asia-Pacific
-
5.7 South America
- 5.7.1 Brazil
- 5.7.2 Argentina
- 5.7.3 Rest of South America
-
5.8 Europe
- 5.8.1 UK
- 5.8.2 Germany
- 5.8.3 Italy
- 5.8.4 Rest of Europe
-
5.9 Middle East & Africa
- 5.9.1 South Africa
- 5.9.2 UAE
- 5.9.3 Rest of Middle East & Africa
6. COMPETITIVE LANDSCAPE
- 6.1 Market Concetration Overview
-
6.2 Company Profiles
- 6.2.1 The Clorox Company
- 6.2.2 Tupperware
- 6.2.3 Newell Brands
- 6.2.4 Amcor plc
- 6.2.5 LocknLock Co.
- 6.2.6 Prepara
- 6.2.7 Thermos L.L.C.
- 6.2.8 Freshware
- 6.2.9 Oneida
- 6.2.10 Glasslock*
- *List Not Exhaustive
7. MARKET FUTURE TRENDS
8. DISCLAIMER AND ABOUT US
** Subject To AvailablityHome Food Storage Containers Industry Segmentation
A food storage container stores food products in the freezer or refrigerator at room temperature. Food storage containers are available in different options, such as bottles and jars, cans, bags, cups and tubs, and boxes. The home food storage containers are segmented into type, material, product, application, and geography. By type, the market is bifurcated into rigid and flexible. By material, the market is segmented into plastic, paper, metal, and glass. By product, the market is segmented into bags, pouches, and containers. By application, the market is segmented into fruits and vegetables, meat products, and candy and confections. By geography, the market is segmented into North America, Europe, Asia-Pacific, South America, and Middle East & Africa. The report offers market size and forecasts for the home food storage containers market in value (USD) for all the above segments.
| By Type | Rigid |
| Flexible | |
| By Material | Plastic |
| Paper | |
| Metal | |
| Glass | |
| By Product | Bag |
| Pouch | |
| Containers | |
| By Application | Fruits and Vegetables |
| Meat Products | |
| Candy and Confections | |
| By Geography | North America |
| United States | |
| Canada | |
| Mexico | |
| Rest of North America | |
| Asia-Pacific | India |
| China | |
| Japan | |
| Australia | |
| Rest of Asia-Pacific | |
| South America | Brazil |
| Argentina | |
| Rest of South America | |
| Europe | UK |
| Germany | |
| Italy | |
| Rest of Europe | |
| Middle East & Africa | South Africa |
| UAE | |
| Rest of Middle East & Africa |
Home Food Storage Containers Market Research FAQs
How big is the Home Food Storage Containers Market?
The Home Food Storage Containers Market size is expected to reach USD 26.55 billion in 2024 and grow at a CAGR of 4.79% to reach USD 33.55 billion by 2029.
What is the current Home Food Storage Containers Market size?
In 2024, the Home Food Storage Containers Market size is expected to reach USD 26.55 billion.
Who are the key players in Home Food Storage Containers Market?
The Clorox Company, Tupperware, Newell Brands, Amcor plc and LocknLock Co. are the major companies operating in the Home Food Storage Containers Market.
Which is the fastest growing region in Home Food Storage Containers Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Home Food Storage Containers Market?
In 2024, the North America accounts for the largest market share in Home Food Storage Containers Market.
What years does this Home Food Storage Containers Market cover, and what was the market size in 2023?
In 2023, the Home Food Storage Containers Market size was estimated at USD 25.28 billion. The report covers the Home Food Storage Containers Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Home Food Storage Containers Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Home Food Storage Containers Industry Report
Statistics for the 2024 Home Food Storage Containers market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Home Food Storage Containers analysis includes a market forecast outlook to for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
