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TMCNet:  World Food Containers Market Demand to Grow 4.4% Annually by 2017

[April 30, 2014]

World Food Containers Market Demand to Grow 4.4% Annually by 2017

(M2 PressWIRE Via Acquire Media NewsEdge) Global demand to rise 4.4% annually through 2017 World demand for food containers will increase 4.5 percent per annum to $139 billion in 2017. The market for food containers will steadily return from a global recession that led to some stagnation in 2012. Key observations in this study: The rise of the middle class and twoincome households in developing regions will trigger a sharp upturn in food container consumption.

While plastic packaging (both flexible and rigid) continues to lead growth, paperboard containers will present stronger competition to plastic substrates in the near future.

The Westernization of food products globally will fuel demand for food packaging and lead to changes in consumption patterns.

Food packaging penetration will be stimulated by a shift to chilled, processed food and instant ingredients and meals.

Complete report is available @ http://www.rnrmarketresearch.com/world-food-containers-to-2017-market-report.html .

Bags, pouches remain strong but paperboard gains traction The ongoing global growth in food bags and pouches - in some cases replacing metal and glass containers - will continue to be a driver for food packaging through 2017, advancing more than five percent annually. While rigid plastic containers will show sharp gains, paperboard containers will increase penetration levels after some market flatness. Paperboard's inherent light weight and the utilization of recyclable, natural materials, aligning closely with consumer and regulatory trends, will play a vital factor in growth.

"The New Consumer" connects with the food package Rapid urbanization in many developing regions has created a new consumer class that seeks career and income growth and is willing to sacrifice time spent in meal preparation. This will spur a double-digit boost in food container demand in China and more than six percent demand growth in many areas of Asia/Pacific, Central & South America, and Africa/Mideast. A shift from purchasing unpackaged food for daily cooking to buying packaged, prepared items will be significant.

Buy your copy of this report @ http://www.rnrmarketresearch.com/contacts/purchase?rname=152104 .

Westernization brings new focus on food packaging Advances in smaller-sized packages of flour, grain, edible cooking oils, butter and margarine, shredded cheese, aseptic soups and stocks, and ready meals are meeting the needs of global consumers demanding a Westernized sense of convenience and time savings. The growth of large supermarket chains in many developing countries will heighten these purchases and spur food container demand. Dietary staples such as bulk packaged rice and other grains, raw meat and produce, and unpackaged food purchased at neighborhood markets are declining in use.

Recessionary issues remain a short-term concern A lingering recession, especially in Western Europe, could dampen prospects slightly. Due to the recession, priceconscious consumers are purchasing lower-value packaging, thereby restricting demand. An economic rebound will lead to advances in premium packaging and further fuel prospects for container formats with sophisticated graphics and performance features.

Company Profiles Profiles 41 industry participants worldwide such as Ardagh Group, Bemis, Crown Holdings, Graphic Packaging and Silgan Holdings Additional Information This study analyzes the global food container industry. Product segments covered include food bags and pouches, paperboard food containers, plastic food containers, metal food containers, and glass food containers. Markets for these products include grain mill products (including pet food), dairy products, fruits and vegetables, baked goods, meat and related products, and other foods (e.g., sauces and condiments, snack foods, candy and confections, frozen specialties). Both primary and secondary packaging is included in the study in cases where the secondary packaging would typically be used beyond the point of sale. For example, secondary containers such as cereal boxes and folding cartons for multipacks of snacks and baked goods are included, whereas corrugated shipping boxes or merchandise display boxes are not. Also excluded from the scope of this study are containers used to package beverage products such as fluid milk and fruit and vegetable juices, and other food packaging such as film wrap, foil, trays, clamshells, baskets, plastic food storage containers, pails, home canning jars, and separately sold ends and closures Historical data (2002, 2007, and 2012) and forecasts for 2017 and 2022 are presented for food container demand in current US dollars (including inflation) by product (bags and pouches, paperboard containers, metal containers, plastic containers, and glass containers) and market (fruits and vegetables, grain mill products, dairy products, baked goods, meat and related products, and other foods) on a country-by-country and region-by-region basis. The terms "shipments," "production," and "output" are used interchangeably in the study, as are the terms "demand," "sales," and "market," which are defined as domestic shipments plus imports minus exports.

Data on food container demand are derived from a variety of sources and are developed (at least in part) from statistical relationships. Given that variations are commonplace in international reporting, data presented in this study are historically consistent but may vary from other sources. Variances may occur because of definitional differences, undistributed exports, inventory accumulation, goods-in-transit, and various other factors. Throughout this study, demand is related to various indicators for comparative purposes and to facilitate further analysis. Tabular details may not always add to totals due to independent rounding, and calculated ratios reflect unrounded numbers In addition, the key strategic and competitive variables affecting the global food container industry are discussed, and the industry's key players are identified and profiled. World market share estimates are also provided for the overall industry and for each of the major container materials. The entire study is framed within the context of overall economic conditions, as well as developments and technologies affecting the food container industry and its end users. Food container data by company presented in the "Industry Structure" section are estimates based on consultation with multiple sources. Corporate information sources included annual reports, SEC Form 10-K filings, product catalogs, prospectuses, news releases, and interviews with responsible officers within the companies themselves. In addition, security analyst and brokerage reports were used extensively in framing the market environment and industry structure, and as input to market size assessment.

Explore more market research reports on Food-packaging at http://www.rnrmarketresearch.com/reports/food-beverage/food/food-packaging .

About Us: RnRMarketResearch.com is an online market research reports library of 350,000+ in-depth studies of over 5000 micro markets. Our database includes reports by leading publishers from across the globe. Call +1 888 391 5441 with your research requirements.

CONTACT: Priyank Tiwari sales@rnrmarketresearch.com +1 888 391 5441 http://www.rnrmarketresearch.com/blog/ .

(c) 2014 M2 COMMUNICATIONS

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