Global Food Container and Kitchen Appliances Market is forecasted to grow at CAGR of 6.1% with factors such as increasing awareness of food protection and hygiene across the globe.
Food container and kitchen appliances market has shown an exceptional penetration in countries such as China, U.S. and Germany. Growth of e-commerce in the food & kitchen appliance industry is expected to drive the market growth. In developing countries, strong distribution network including multi-brand stores and online retailers is creating opportunity for the global food container and kitchen appliances market.
Food Container and Kitchen Appliances Market Scenario
According to Data Bridge Market Research, the market for food container and kitchen appliances in Asia-Pacific region has the highest market share followed by North America and Europe. Market leader is BALL CORPORATION which accounts an estimated market share of approximately 12% to 14% in the global food container and kitchen appliances market. The company has gained outstanding sale through their food containers products.
For instance,
- In June 2018, BALL CORPORATION and Platinum Equity announced that they have entered into joint venture and definitive purchase agreements to form Ball Metalpack. This new packaging company manufactures steel containers for aerosol products, food, household consumables, pet food, nutritional and other products in the U.S. This development helps the company to increase revenue in this market.
Trends Impacting the Market
Now the question is which other regions BALL CORPORATION, SAMSUNG and Koninklijke Philips N.V. are targeting? Data Bridge Market Research has forecasted a large growth in Asia-Pacific food container and kitchen appliances market and the market leaders targeting Japan and India to be their next revenue pockets for 2021.
The food container and kitchen appliances market is becoming more competitive every year with companies such as regions BALL CORPORATION, SAMSUNG and Koninklijke Philips N.V. as they are the market leaders for food container and kitchen appliances. The data bridge market research new reports highlight the major growth factors and opportunities in the food container and kitchen appliances market.
For more analysis on the food container and kitchen appliances market request for a briefing with our analysts https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=global-food-container-and-kitchen-appliances-market
Food Container and Kitchen Appliances New Market Development 2021
- In January 2021, Lacerta Group, Inc. partnered with SK capital to drive next phase of growth. SK Capital Partners, LP, a New York-based private investment firm focused exclusively on the specialty materials, chemicals and pharmaceuticals sectors. This development helps the company to increase revenue and global presence in the market.
Scope of the Food Container and Kitchen Appliances Market
All country based analysis of food container and kitchen appliances market is further analyzed based on further segmentation. On the basis of distribution channel, the food container and kitchen appliances market is segmented into store based retailers and e-commerce. On the basis of material type, the food container and kitchen appliances market is segmented into rigid packaging, flexible packaging, paperboard, metal, glass and others. On the basis of product type, the food container and kitchen appliances market is segmented into food containers, cookware, serve ware, kitchen appliances and baby /kids.
To know more about the study https://www.databridgemarketresearch.com/reports/global-food-container-and-kitchen-appliances-market
Key Pointers Covered in Food Container and Kitchen Appliances Market Industry Trends and Forecast to 2028
- Market Size
- Market Standards and Changes
- Market Trials in Different Regions
- Market Requirements in Different Regions
- Market Shares in Different Regions
- Recent Developments for Market Competitors
- Recent Market Value for Different regions
- Sales Data for Market Competitors
- Key Vendors and Disruptors Study
- Supply Chain Competiveness
Key Market Competitors Covered in the Report
- LG Electronics
- SAMSUNG
- Koninklijke Philips N.V.
- AB Electrolux
- Whirlpool Corporation
- BALL CORPORATION
- Greif.
- Evergreen Packaging LLC
- Crown
- Havells India Ltd.
- Pactiv LLC
- Berry Global Inc.
- Amcor plc
- PLASTIPAK HOLDINGS, INC.
- Plus Pack AS
- Lacerta Group, Inc.
- Ampak Inc.
- Novolex
- O-I Glass, Inc.
- GE Appliances (a subsidiary of Haier Inc.)
Above are the key players covered in the report, to know about more and exhaustive list of food container and kitchen appliances companies, contact us https://www.databridgemarketresearch.com/toc/?dbmr=global-food-container-and-kitchen-appliances-market
Research Methodology: Global Food Container and Kitchen Appliances Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Primary Respondents
- Demand Side: Residential Industry
- Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.
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