Food container demand is projected to exceed $23 billion in 2011.
July 10, 2007 (Press Release) --
Bharat Book Bureau, a leading market information distributor has put forth a report
'Food Containers forecasts for 2011 & 2016' (http://www.bharatbook.com/detail.asp?id=46967)
Growth will be stimulated by an expanding population base, rising disposable personal income levels, smaller household sizes, consumer demands for more convenient prepared foods, and trends toward value-added packaging providing advantages including freshness protection and increased convenience.
Plastic food containers to be fastest growing category
Above-average gains are anticipated for plastic containers, and bags and pouches. Plastic container growth will be attributable to performance advantages over glass, metal and paperboard alternatives, with cups and tubs benefitting from expanding applications for single-serving cups, which are frequently sold in multipacks. Bag and pouch prospects will be driven by robust advances for stand-up pouches based on advantages of excellent visual appeal, product differentiation, convenience, portability, reclosability and freshness protection. In addition to replacing other containers in existing products, opportunities for pouches are anticipated in initial launches of new products.
While paperboard food container demand will expand at a slower pace based on maturity of many applications and competition from flexible packaging, robust expansion is anticipated in the relatively small aseptic carton segment based on expanding applications (often at the expense of metal cans) and greater consumer interest in natural or minimally processed foods. In addition, paperboard tubs and folding cartons will continue to dominate ice cream and frozen dessert packaging. Metal can demand is expected to increase marginally, with unit demand continuing to fall as a result of inroads by pouches, plastic containers, and aseptic cartons. Still, cans will remain a key component of the food container mix and the use of convenience features such as easyopening and/or resealable tops will offer some momentum. Moreover, the presence of nontraditional can types, such as retortable aluminum bowls and microwaveable cans, is expected to help increase the competitiveness of cans. Glass container demand will continue to decline as plastic containers make further inroads into traditional glass container applications.
Meat, dairy, frozen specialties among top market prospects
Among food container markets, best advances are anticipated for meat and related products, dairy products and frozen specialties, reflecting favorable shipment growth and expanded offerings of convenience-oriented products. Fruit and vegetable applications will benefit from trends toward healthier eating and heightened demand for fresh-cut, readyto- eat produce, which is packaged in value-added containers such as plastic bowls, and bags and pouches using modified atmosphere films.
Study coverage
This new industry study, Food Containers, is available for $4500. This study contains historical US demand data (1996, 2001 and 2006) plus forecasts for 2011 and 2016 for rigid and flexible food containers by product type and market. The study also considers market environment influences on demand, assesses the industry structure, evaluates company market share and profiles 39 leading food packaging producers in the US industry.
For more information, please visit:
http://www.bharatbook.com/detail.asp?id=46967
'Food Containers forecasts for 2011 & 2016' (http://www.bharatbook.com/detail.asp?id=46967)
Growth will be stimulated by an expanding population base, rising disposable personal income levels, smaller household sizes, consumer demands for more convenient prepared foods, and trends toward value-added packaging providing advantages including freshness protection and increased convenience.
Plastic food containers to be fastest growing category
Above-average gains are anticipated for plastic containers, and bags and pouches. Plastic container growth will be attributable to performance advantages over glass, metal and paperboard alternatives, with cups and tubs benefitting from expanding applications for single-serving cups, which are frequently sold in multipacks. Bag and pouch prospects will be driven by robust advances for stand-up pouches based on advantages of excellent visual appeal, product differentiation, convenience, portability, reclosability and freshness protection. In addition to replacing other containers in existing products, opportunities for pouches are anticipated in initial launches of new products.
While paperboard food container demand will expand at a slower pace based on maturity of many applications and competition from flexible packaging, robust expansion is anticipated in the relatively small aseptic carton segment based on expanding applications (often at the expense of metal cans) and greater consumer interest in natural or minimally processed foods. In addition, paperboard tubs and folding cartons will continue to dominate ice cream and frozen dessert packaging. Metal can demand is expected to increase marginally, with unit demand continuing to fall as a result of inroads by pouches, plastic containers, and aseptic cartons. Still, cans will remain a key component of the food container mix and the use of convenience features such as easyopening and/or resealable tops will offer some momentum. Moreover, the presence of nontraditional can types, such as retortable aluminum bowls and microwaveable cans, is expected to help increase the competitiveness of cans. Glass container demand will continue to decline as plastic containers make further inroads into traditional glass container applications.
Meat, dairy, frozen specialties among top market prospects
Among food container markets, best advances are anticipated for meat and related products, dairy products and frozen specialties, reflecting favorable shipment growth and expanded offerings of convenience-oriented products. Fruit and vegetable applications will benefit from trends toward healthier eating and heightened demand for fresh-cut, readyto- eat produce, which is packaged in value-added containers such as plastic bowls, and bags and pouches using modified atmosphere films.
Study coverage
This new industry study, Food Containers, is available for $4500. This study contains historical US demand data (1996, 2001 and 2006) plus forecasts for 2011 and 2016 for rigid and flexible food containers by product type and market. The study also considers market environment influences on demand, assesses the industry structure, evaluates company market share and profiles 39 leading food packaging producers in the US industry.
For more information, please visit:
http://www.bharatbook.com/detail.asp?id=46967
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