INSULATED FOOD CONTAINER MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 to 2031)

Insulated food container keeps the food either hot or cold for a long duration. Growing food and beverage industry and awareness among the populace about food contamination and food quality is driving growth of the insulated food container market. Demand for quality and fresh food is driving the consumers to purchase insulated food container. Increasing long work duration by middle class population in developing countries such as China and India is expected to promote the scope of insulated packaged mediums for keeping the food warm and fresh.

Market Dynamics

Among distribution channel, online segment is gaining traction in the market. Growing food processing industry, busy lifestyle of consumers worldwide, and faster food delivery options provided by various food chains through online platform is driving growth of the segment in the insulated food container market. According to the data provided by the Federation of Indian Chambers of Commerce & Industry (FICCI), in 2016, online sales value of food and beverages in India steadily increased, owing to increasing internet penetration and growing retail industry in the country.

Asia Pacific held a significant market share in 2021 due to increasing population and increasing awareness about food quality, preservation, and its nutritious value. Insulated food container keeps the food fresh by maintaining the appropriate temperature conditions and hence, maintaining the quality and nutritional value of the food. These advantages of insulated food containers is driving the market growth in Asia Pacific region. 

Insulated food containers have a tremendous reach in the variety of food made available by many vendors in the food industry. The availability of various sizes of insulated containers has eased the various operations involved in the food industry and has made it easy for the transportation of food as well. This creates the opportunity for all players to expand their services worldwide and fuel the sales of insulated food containers.

The plastic segment form the product type holds the significant market share in the global insulated food containers market in 2021. Shifting consumer preference towards packaging materials with lightweight features is expected to remain a favorable factor. Another factor contributing to the segment growth is cost effectiveness. It has been observed that the average cost of plastic container is one third of stainless steel-based product type.

Key features of the study:

• This report provides an in-depth analysis of global insulated food container market, and provides market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2022-2030), considering 2021 as the base year
• It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global  insulated food container market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
• Key companies covered as a part of this study include Cambro Foodservice Equipment and Supplies, Carlisle FoodService Products, Newell Brands, Zojirushi America Corporation, Stanley, Kuukwareware, Thermos L.L.C., Hamilton Housewares Pvt. Ltd., Huhtamaki, TokyoPlast, Zojirushi American Corporation, and Tupperware
• Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics
• The global insulated food container market report caters to various stakeholders in this industry including investors, suppliers,  insulated food container manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global insulated food container market

Detailed Segmentation:

• Global Insulated Food Container Market, By Product Type :
  • Stainless Steel
  • Plastic
  • Other
• Global Insulated Food Container Market, By Distribution Channel:
  • Hypermarket
  • Supermarket
  • Online
  • Others
•  Global Insulated Food Container Market, By Region:
  • North America
    • By Country:
      • U.S
      • Canada
  • Latin America
    • By Country:
      • Brazil
      • Mexico
      • Argentina
      • Rest of Latin America
  • Europe
    • By Country:
      • Germany
      • U.K
      • France
      • Italy
      • Spain
      • Russia
      • Rest of Europe
  • Asia Pacific
    • By Country:
      • China
      • India
      • Japan
      • Australia
      • South Korea
      • ASEAN
      • Rest of Asia Pacific
  • Middle East & Africa
    • By Country/Region:
      • Middle East
      • Africa
• Company Profiles
  • Cambro Foodservice Equipment and Supplies
    • Company Overview
    • Product Portfolio
    • Key Strategies
    • Recent Developments
    • Future Plans
  • Carlisle FoodService Products
  • Newell Brands
  • Zojirushi America Corporation
  • Stanley
  • Kuukware
  • Thermos L.L.C.
  • Hamilton Housewares Pvt. Ltd.
  • Huhtamaki
  • TokyoPlast
  • Zojirushi American Corporation
  • Tupperware

“*” marked represents similar segmentation in other categories in the respective section