DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Food Container Market Analysis By Product, By Application, By Region And Segment Forecasts, 2014 - 2025" report to their offering.
The global food container market size is expected to reach USD 346.99 billion by 2025, according to this new report. Technological advancement in terms of new packaging materials capable of ensuring cold storage and enhancing shelf life to the finished food products is expected to have a positive impact.
The rising importance of bio-plastics packaging in the food & beverage industry as a result of stringent regulations aimed at recycling in the manufacturing sector is projected to expand industry size over the next nine years. Furthermore, the buyers are expected to prefer flexible convenience packaging material over metal and glass counterparts owing to former' light weight.
Flexible packaging is expected to witness growth at a CAGR of 4.6% from 2016 to 2025. The growing importance of stand up pouch bags as packaging products in the food & beverage industry on account of being contaminant free and certified as safe by the FDA (Food and Drug Administration) is projected to increase industry demand in the near future.
Key industry players include Ball Corporation, Owens-Illinois Group, Silgan, Ardagh, Bemis, Caraustar Industries, Berry Plastics, and Graham Packaging. The establishment of strategic partnerships with buyers and product innovation for the development of tailored solutions are expected to remain major critical success factors in the future.
Over the past few years, the global food container market has been witnessing merger and acquisitions by some of the manufacturers. For an instance, Caraustar Industries, Inc. acquired The Newark Group, Inc. in February 2015 with financial assistance from Jefferies LLC, Wells Fargo Capital Finance Credit Suisse Securities (USA) LLC, and Regions Business Capital.
Key Topics Covered:
1. Methodology and Scope
2. Executive Summary
3. Food Container Market Variables, Trends & Scope
4. Food Container Market: Product Estimates & Trend Analysis
5. Food Container Market: Application Estimates & Trend Analysis
6. Food Container Market: Regional Estimates & Trend Analysis
7. Competitive Landscape
8. Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/qh4t4f/food_container