Household Food Storage Containers Market to Grow with a CAGR of 5.40% through 2029

The global household food storage containers market is growing awareness of food safety and increasing awareness of the benefits of food storage are key market trends.

According to TechSci Research report, “Household Food Storage Containers  Market - Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029F”, the Global Household Food Storage Containers  Market stood at USD 26.45 billion in 2023 and is anticipated to grow with a CAGR 5.40% through 2029.

One of the primary drivers propelling the global household food storage containers market is the increasing awareness of food waste and the importance of sustainable practices. As consumers become more conscious of their environmental footprint, they seek solutions that contribute to reducing food wastage. Food storage containers play a pivotal role in preserving the freshness and longevity of perishable items, thereby minimizing the need for frequent grocery trips and curbing food spoilage. Manufacturers are responding to this demand by developing containers with features that extend the shelf life of various food items. Tthere is a growing preference for sustainable and eco-friendly packaging materials. Consumers are inclined towards containers made from materials that are recyclable, biodegradable, or made from post-consumer recycled content. This shift aligns with global initiatives to reduce plastic waste and promote a circular economy. As a result, market players are investing in research and development to create innovative, environmentally friendly materials for food storage containers.

One of the foremost challenges confronting the household food storage containers market is the increasing scrutiny on environmental sustainability, particularly regarding plastic waste. Traditional food storage containers are often made from plastic, which has raised environmental concerns due to its non-biodegradable nature and contribution to pollution. The push for more sustainable practices and materials has led to a shift in consumer preferences towards eco-friendly alternatives. Manufacturers are under pressure to adopt environmentally responsible practices and develop containers made from biodegradable or recyclable materials. However, transitioning to alternative materials without compromising on the functionality, durability, and cost-effectiveness of containers poses a significant challenge. Additionally, communicating the benefits of sustainable options to consumers and ensuring widespread adoption remains a hurdle for the industry.

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The global household food storage containers market is segmented into product type, application, regional distribution, and company.

Based on application, Bakery products have emerged as a burgeoning segment in the global household food storage containers market. The growing demand for convenient and efficient storage solutions for baked goods is driving the expansion of this segment. Consumers, with increasingly busy lifestyles, are opting for pre-packaged or homemade bakery items, necessitating reliable containers that preserve freshness. Versatile storage options, such as airtight containers with size variations and specialized compartments for different baked items, cater to diverse storage needs. Additionally, the trend of home baking and meal prepping has further fueled the demand for containers that maintain the texture and flavor of bakery products. As a result, the bakery products segment is witnessing substantial growth, reflecting the evolving preferences and habits of consumers seeking convenient and effective storage solutions for their favorite baked treats.

Major companies operating in Global Household Food Storage Containers  Market are:

• S. C. Johnson & Son, Inc.
• Newell Brands Inc. (Rubbermaid)
• The Clorox Company
• Tupperware Brands Corporation
• LocknLock Co.
• Sabert Corporation
• Inter IKEA Systems B.V.
• Zojirushi Corporation
• Tiger Corporation
• Silgan Containers LLC

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“A prominent trend in the household food storage containers market is the increasing demand for sustainable and eco-friendly materials. As environmental consciousness grows among consumers, there is a significant shift away from traditional plastic containers towards alternatives that are biodegradable, recyclable, or made from post-consumer recycled content. Manufacturers are responding to this trend by innovating with materials such as bamboo, glass, stainless steel, and silicone. Bamboo-based containers, for example, offer a renewable and biodegradable option, while glass containers are appreciated for their durability and inert nature, avoiding potential chemical leaching. Silicone, known for its flexibility and resistance, is used in the development of collapsible and space-saving containers. The adoption of these sustainable materials not only addresses environmental concerns but also caters to the preferences of eco-conscious consumers who prioritize products with a lower ecological impact. The companies are incorporating sustainable practices throughout the product lifecycle, from manufacturing to packaging. This trend is driven by both consumer demand and regulatory initiatives aimed at reducing plastic waste and promoting environmentally responsible practices”, said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

“Household Food Storage Containers Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Product Type (Metal, Glass, Plastic), By Application (Grain Mill Products, Fruits & Vegetable, Bakery Products, Meat Processed Products, Others), By Region & Competition, 2019-2029F”, has evaluated the future growth potential of global Household Food Storage Containers  market and provides statistics & information on market size, structure and future market growth. The report intends to provide innovative market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Household Food Storage Containers  Market.

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