U.S. Food Storage Container Market - Focused Insights 2024-2029

U.S. FOOD STORAGE CONTAINER MARKET OVERVIEW

The U.S. food storage container market was valued at USD 36.15 billion in 2023 and is projected to reach USD 42.36 billion by 2029, growing at a CAGR of 2.67% during the forecast period. The U.S. food storage container market is growing significantly due to the rising popularity of smart containers, increasing demand for packaged & convenience food, rising demand for durable & lightweight containers, increasing demand for glass containers, growing popularity of sustainable containers, rising demand for silicone containers, increased focus on food safety & preservation, rising demand for meal preparation solutions and grab-and-go containers, and revolutionizing in the food storage.

This report offers market size & forecast data for the food storage container market in the U.S. The revenue generated from the sale of food storage containers is included in the report. This report provides a comprehensive and current U.S. food storage container market scenario, including the U.S. food storage container size, anticipated market forecast, relevant market segmentations, and industry trends.

MARKET DEFINITION

The food storage containers are primarily used for transportation, storage, and preservation to extend the shelf life of food. It is used to prevent and preserve the deterioration of food. Food storage containers are available in various sizes, materials, and shapes to accommodate various types of food & applications. The materials segmentation of the U.S. food storage container market includes plastic, glass, metal, and others. The product segmentation includes jars, canisters, & cans, boxes & bins, bags & pouches, and others. The end-user segmentation includes residential, HoReCa, and others. The distribution channel segmentation includes supermarkets & hypermarkets, specialty stores & retail stores, and online stores.

MARKET TRENDS

Increasing Demand for Glass Containers: Demand for glass containers is growing significantly in the U.S. market due to various reasons, including health concerns, increased focus on sustainability, rising demand for transparent containers, improved functionality, and premium perception. Glass containers are durable and known for storing food for a longer period. Glass is a non-porous material which does not leach chemicals. Thus, it is one of the ideal options for food storage. Glass containers are easily available in nearby supermarkets and specialty stores in various sizes and shapes. It makes them more versatile for the storage of food. Currently, many glass containers are dishwasher-safe, microwave-safe, and oven-safe. Thus, it is more convenient for consumers. Glass containers are more upscale and stylish than plastic containers. It drives the demand for food storage containers in the U.S. market during the forecast period.

Growing Popularity of Sustainable Containers: The popularity of sustainable containers is significantly increasing in the U.S. market for various reasons, including environmental concerns, consideration of health, innovations, and marketing of products. With rising pollution and its environmental impact, consumers are looking for food storage products made of biodegradable and reusable alternatives. The potential risks of using harsh chemicals in plastic containers are a significant concern in the U.S. market. Food storage container manufacturing companies offer new innovative, sustainable products made from glass, bioplastic, stainless steel, and bamboo. 70% of the Gen Z population in the U.S. is willing to pay more for sustainable products. During the forecast period, it drives the demand for food storage containers in the U.S. market.

U.S. FOOD STORAGE CONTAINER MARKET INSIGHTS 

• The plastic material segment dominated the U.S. food storage container market with a share of over 50% in 2023. The segment's growth is due to its affordability, versatility, lightweight, leakproof & airtight properties, and durability. Plastic is generally known as the most affordable material for food storage containers, making it more accessible to a wide range of consumers.
• The jars, canisters, & cans product segment is growing significantly, with the fastest CAGR of 2.74% during the forecast period. The segment's growth is rising significantly due to growing demand for portion control and meal preparation, increasing focus on food safety & preservation, and rising popularity of sustainable & reusable options.
• The residential sector has the highest market size in terms of revenue in the end-user segment of the U.S. food storage container market. The demand for food storage containers from the residential segment is growing significantly due to various factors, including cooking habits, income level, and regional preferences. Frequent meal preparation may require various containers. Bulk buying habits and larger families may lead to demand for sets and larger containers for storing dry goods like flour and grains.
• Online stores are the fastest-growing segment, with a CAGR of 3.74% of the distribution channel segmentation in the U.S. food storage containers market. Many online platforms provide same-day delivery options, giving convenient access to containers. As consumers can see detailed product information and user reviews, it helps make informed decisions and helps drive the market. 

VENDOR LANDSCAPE

The U.S. food storage container market report contains exclusive data on 50 vendors. The U.S. food storage container market is highly fragmented due to a larger number of players ranging from regional, small manufacturers to large, international players. The top 5 companies occupy only 30% of the market share. Amcor PLC, Berry Global Inc., Newell Brands, O-I Glass, Inc., Silgan Holdings Inc., and Tupperware Brands Corporation are the leading players with strong market penetration.