The analysts forecast the global plastic food container market to grow at a CAGR of 4.74% during the period 2017-2021.
Global Plastic Food Container Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One of the major trends that have a high probability of impacting the growth of the global plastic food container market is the emergence of biodegradable plastics. Biodegradable plastics can easily be broken down by micro-organisms unlike conventional plastics, thereby reducing the toxic effect that they have on the environment.
They are not completely made from renewable materials but are made from petrochemicals with biodegradable additives.
Reducing food wastage has become a major concern in many countries. The UN's Food and Agriculture Organization (FAO) estimates that 1.3 billion tons or nearly one-third of food produced worldwide is wasted annually. The wastage of products often leaves retailers with financial losses.
However, food packaging vendors have come up with active packaging to increase their profit margins. Active packaging maintains product quality and increases the shelf life of food products. Consumer acceptance has also increased as product quality, in terms of flavor and freshness, has been enhanced. Extending the shelf life of food products is, thus, driving the growth of the market.
- Berry Plastics
Other prominent vendors
- DS Smith
- Graham Packaging
- Greiner Packaging International
- Linpac Group
- MeadWestVaco (MWV)
- Reynolds Group Holding
- Sealed Air
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by application
Part 07: Geographical Segmentation
Part 08: Decision framework
Part 09: Drivers and challenges
Part 10: Market trends
Part 11: Vendor landscape
Part 12: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/qttwz4/global_plastic