The global rigid food containers market is expected to witness significant growth. Its value is estimated at USD 179.8 billion in 2024 and is expected to reach USD 217.2 billion by 2034. During the forecast period from 2024 to 2034, the market is expected to grow at a steady CAGR of 1.9%.
In 2023, the revenue of rigid food containers reached $176.1 billion, highlighting the robust performance of the market. The plastic food container segment has captured more than 46% of the total market share by material, owing to its numerous advantages including durability, barrier resistance, lightweight, cost-effectiveness, and availability in different sizes and shapes to meet diverse food packaging needs.
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The bowls and clamshells category is expected to capture 28.2% of the total market share during the assessment period. Their popularity is due to enhanced safety features such as secure closures and their user-friendly design that allows quick and easy access to food, making them the preferred choice for takeaway and prepared meals.
The direct-to-consumer channel is expected to grow significantly and capture a high market share during the forecast period. This growth is attributed to the convenience and accessibility of rigid food containers in the grocery store, as well as the increasing demand for ready-to-eat and fresh products that require rigid packaging solutions to preserve quality and freshness.
Among end users, the restaurant and food delivery segments are expected to witness significant growth during the assessment period. The need for safe and effective packaging solutions to preserve the quality and integrity of food while preventing leakage of liquid or semi-liquid products such as sauces and smoothies is driving this demand.
The rigid food containers market is poised for profitable growth as it adapts to the evolving needs of the food industry and ensures the safe and effective packaging of a wide range of food products.
Key findings:
- The Indian rigid food container industry is expected to create additional business opportunities worth $70.3 billion by 2034.
- The Indian market is expected to grow at a compound annual growth rate (CAGR) of 4.1% through 2034.
- US retail sales grew by 2.1% in the first half of 2024 compared to 2023, reaching nearly $1,820.0 billion.
- The German market for rigid food containers is expected to grow at a compound annual growth rate of 0.4% during the forecast period.
Competitive environment
Major players in the food packaging business are developing and launching new products. They are collaborating with various organizations and expanding their geographical reach. Some of them are also collaborating with local brands and start-ups to produce new products.
Key developments in the rigid food containers market
- In May 2024, Stora Enso Oyj launched a new folding boxboard to lead the way in renewable packaging innovation.
- In May 2024, Colpac Limited expanded its range of reusable cups to include a 950ml natural kraft paper cup with a separate rPET lid in the new size as part of its stock range to offer it as a standard solution to a wider customer base.
- In February 2024, Berry Global Group, Inc. launched a reusable tableware line for the food service industry. This new line of bowls and lids is designed to meet the diverse needs of the food service industry while emphasizing easy reuse and convenience.
Major players in the rigid food containers market
- Amcor plc
- Stora Enso Oyj
- ENPAK ENTERPRISE CO., LTD.
- Vegware (Novolex)
- Pactiv Evergreen Inc. (Two Mitts, Inc.)
- Berry Global Group, Inc.
- Huhtamäki Oyj
- Colpac Limited
- Georgia Pacific LLC
- Dispo International
- PRINTED MUG COMPANY
- Lollicup USA Inc.
Market segmentation for rigid food containers
By material:
In terms of material, the industry is divided into plastic, paper and metal. The plastic material is further divided into polyethylene (PE), propylene (PP), polyethylene terephthalate (PET), bioplastics and others (PA, EVOH, etc.). Also, paper is further divided into corrugated cardboard, specialty papers, cardboard/board, kraft paper and molded pulp.
By sales channel:
The main sales channels include direct sales, distributors and e-retail. The distributors are further divided into brick-and-mortar stores, hypermarkets, supermarkets, discount stores and other retail stores.
By packaging format:
The main packaging formats include bowls and clamshells, plates and dishes, cups and tubs, boxes, single-serving portion packs and cans.
After end use:
The end users in the solid food containers market include restaurants, hotels & accommodations, food courts (in malls, airports, multiplexes, etc.), online food delivery services, and others (hospitals, schools, offices, etc.). The restaurants are segmented into full service restaurants (FSR), quick service restaurants (QSR), catering services, and others (cafe, pub, bar, etc.).
By region:
Major countries in North America, Latin America, East Asia, South Asia and the Pacific, Western Europe, Eastern Europe, the Middle East and Africa are covered.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, Stevie Award recipient and member of the Greater New York Chamber of Commerce) provides in-depth insights into the driving factors that are driving demand in the market. FMI is the world’s leading provider of market intelligence, advisory services, consulting and events for the packaging, food and beverage, consumer technology, healthcare, industrial and chemical markets. With a huge team of over 400 analysts Worldwide, FMI provides global, regional and local expertise on various sectors and industry trends in over 110 countries.
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