Market Size of Home Food Storage Containers Industry
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 |
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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.