Global Food Container and Kitchen Appliances Market, By Product Type (Cookware, Kitchen Appliances, Food Containers, Serveware, and Baby /Kids), Material (Rigid Packaging, Flexible Packaging, Paperboard, Metal, Glass, and Others), Distribution Channel (Store Based Retailers and E-Commerce) - Industry Trends and Forecast to 2031.
Food Container and Kitchen Appliances Market Analysis and Insights
The major restraints that may impact the food container and kitchen appliances market are stringent regulations regarding plastic use as it impacts the production of food container and kitchen appliances products and the high cost of technically advanced appliances.
However, the high cost of equipment and product recall is restraining the market growth. Growing healthcare infrastructure is an opportunity for the market because if investment in food containers and kitchen appliances increases, it will lead to high installation.
Data bridge market research analyzes that the market is growing with a CAGR of 9.7% in the forecast period of 2024 to 2031 and is expected to reach USD 99,822,310.21 thousand by 2031 from USD 49,632,633.50 thousand in 2023.
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Report Metric
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Details
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Forecast Period
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2024 to 2031
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Base Year
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2023
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Historic Year
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2022 (Customizable to 2016-2021)
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Quantitative Units
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Revenue in USD Thousand
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Segments Covered
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Product Type (Cookware, Kitchen Appliances, Food Containers, Serveware, and Baby /Kids), Material (Rigid Packaging, Flexible Packaging, Paperboard, Metal, Glass, and Others), Distribution Channel (Store Based Retailers and E-Commerce)
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Countries Covered
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U.S., Canada, Mexico, Germany, U.K., France, Italy, Spain, Russia, Netherlands, Switzerland, Belgium, Turkey, Rest of Europe, China, Japan, India, Australia and New Zealand, South Korea, Indonesia, Philippines, Thailand, Malaysia, Singapore, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, U.A.E., Egypt, Israel, and Rest of Middle East and Africa
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Market Players Covered
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LG Electronics, SAMSUNG, Koninklijke Philips N.V., AB Electrolux, Whirlpool, 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., and GE Appliances (a subsidiary of Haier Inc.) among others
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Market Definition
Food containers are the type of products that are used for the storage of food and protect the food items from contamination. The food containers are manufactured from different materials which can be used according to food items. In the market, food containers are available in different shapes and sizes.
Kitchen appliances are the equipment or machines used in commercial and residential applications for food preparation in less time. Kitchen appliances are manufactured from different materials that can be easily heated up and work efficiently. The kitchen appliances include a microwaves ovens, blenders, food processors, juicers, and baking machines.
Global Food Container and Kitchen Appliances Market Dynamics
This section deals with understanding the market drivers, restraints, opportunities, and challenges. All of this is discussed in detail below:
Drivers
- Increasing Awareness of Food Protection and Hygiene
Food hygiene can be defined as handling, preparing, and storing food to reduce the risk of food adulteration and food-borne diseases. In food preparation, several types of ingredients are used, which are stored in air-tight containers. The main aim of food containers is to prevent food from becoming contaminated and causing food poisoning. The side effects associated with unclean food activities make the customers understand the importance of food protection.
In households, glass containers are used to minimize contamination of the food items. The glass containers generally have a plastic lid for sealing the food airtight and increasing the shelf life of food products. Ceramic is one of the most hygienic materials used for food containers. The use of ceramic material has several positive reasons, as these containers can be heated in a microwave, oven, or on the stove without leaking chemicals or microbes in the food, making the food hygienic and fit to consume.
- Growth of E-Commerce in Food and Kitchen Appliances Industry
E-commerce has a positive impact on the food and kitchen appliance industry. It is a business in which goods and services are sold online and delivered to the customers’ respective addresses. The food products are properly packed in the containers to be delivered without any foul smell in the food. The demand for kitchen appliances on the digital platform has increased at a higher rate in developing countries. Food containers have spill-proof properties as containers have a lid that does not allow liquid to flow out, due to which containers can be used in travel.
E-commerce has also grown with the increasing use of online food delivery apps, and online retail stores have increased the demand for several electronics stores that have shifted to the digital platform, due to which the demand for kitchen appliances products has increased in the global market. The need for single-use containers has increased in the food industry with the increasing food delivery orders on the online platform in developing nations.
Opportunity
- Increasing Demand for Biodegradable Food Containers
Biodegradable food containers are those containers that do not negatively impact the environment during production and after use. The biodegradable food containers can quickly decompose with the process without impacting the surroundings. The demand for biodegradable food containers is increasing in the market due to several rules and regulations to lower waste generation in the country. The need for eco-friendly and biodegradable products for packaging is increasing because eco-friendly and biodegradable products have low production costs and can be reused and recycled, which lowers the production of waste in the region.
Restraints/ Challenges
- Stringent Regulations Regarding Plastic Use
Plastics are non-biodegradable and tend to remain in the environment for decades. Recycled plastics are even more harmful to the environment than virgin plastic products due to the mixing of coloring agents, stabilizers, flame retardants, and other additives. Stringent rules and regulations by the government or higher authorities regarding plastic use in food containers and kitchen appliances products are restraining the growth of the market. Importing and exporting plastic raw materials for the production of food container products is becoming very difficult, due to which manufacturers are facing a shortage of high-quality raw materials.
Even the government in many countries is making strict rules for single-use plastic in the area, as single-use plastic containers take a long time to decompose, resulting in large landfills and environmental degradation. Manufacturers have to follow all codes of conduct due to which the production of plastic food containers and kitchen appliances products hampers. Several spare parts and accessories are manufactured from plastic, but increasing rules regarding the lower use of single-use plastic products will impact the market growth.
- High Cost of Technically Advanced Appliances
In the market, several types of kitchen appliances with advanced features and technology are being introduced. All the technologies which are in kitchen appliances are very useful for homemakers. In several types of materials, equipment, and technology, which increase the cost of the products. The advanced kitchen appliances are very lightweight and work efficiently, but the cost of new advanced kitchen appliances is very high.
The advanced kitchen appliances are designed according to the new structure of the building, which is why their demand has fallen in the renovation of the building. It is difficult to change the kitchen design and move kitchen cabinets with built-in appliances with new advanced kitchen appliances as it adds additional construction costs.
Therefore, technically advanced kitchen appliances are very costly due to their demand in developing nations being less than in developed countries, which restrains the market growth.
Recent Development
- In December 2020, PLASTIPAK HOLDINGS, INC. announced that it had earned two 2020 UK Packaging Awards for plastic aerosol packaging and Rigid Plastic Pack. This development helps the company to increase their global revenue.
- In July 2020, GE Appliances had decided to invest USD 62 million to build high-end refrigerators and expand capacity at a massive manufacturing facility in Louisville, KY., creating new jobs. This development helps the company to increase its revenue and to provide employment in Louisville.
- In September 2019, Amcor plc was honored with the best packaging innovation, which has enhanced consumer convenience towards the packaging products. The award helps in increasing the goodwill of the company.
- In May 2019, Ampak Inc. took part in SIAL 2019-SET 2019 in Toronto and showcased several glass container products. This development helps the company to increase its revenue and customer base in the market.
- In February 2019, Greif has announced the acquisition of Caraustar Industries, Inc. The company is engaged in the production of packaging products. With the acquisition, the company can increase the customer base.
Global Food Container and Kitchen Appliances Market Scope
The global food container and kitchen appliances market is segmented into three notable segments which are based on product type, material, and distribution channel. The growth amongst these segments will help you analyze major growth segments in the industries and provide the users with a valuable market overview and market insights to make strategic decisions to identify core market applications.
Product Type
- Cookware
- Kitchen Appliances
- Food Containers
- Serveware
- Baby /Kids
On the basis of product type, the market is segmented into cookware, kitchen appliances, food containers, serveware, and baby /kids.
Material
- Rigid Packaging
- Flexible Packaging
- Paperboard
- Metal
- Glass
- Others
On the basis of material, the market is segmented into rigid packaging, flexible packaging, paperboard, metal, glass, and others.
Distribution Channel
- Store Based Retailers
- E-Commerce
On the basis of distribution channel, the market is segmented into store based retailers and e-commerce.
Global Food Container and Kitchen Appliances Market Regional Analysis/Insights
The global food container and kitchen appliances market is analyzed and market size insights and trends are provided by country, product type, material, and distribution channel as referenced above.
The countries covered in this market report are the U.S., Canada, Mexico, Germany, U.K., France, Italy, Spain, Russia, Netherlands, Switzerland, Belgium, Turkey, Rest of Europe, China, Japan, India, Australia and New Zealand, South Korea, Indonesia, Philippines, Thailand, Malaysia, Singapore, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, U.A.E., Egypt, Israel, and Rest of Middle East and Africa.
The U.S. is expected to dominate the North American food container and kitchen appliances market due to increasing awareness of food protection and hygiene. Germany is expected to dominate Europe's food container and kitchen appliances market due to the growth of e-commerce in food & kitchen appliances industry. China is expected to dominate the Asia-Pacific food container and kitchen appliances market due to growing R&D investments and the launch of new products that are boosting market growth.
The country section of the report also provides individual market-impacting factors and changes in regulations in the market that impact the current and future trends of the market. Data points, such as new and replacement sales, country demographics, disease epidemiology, and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. In addition, the presence and availability of global brands and their challenges faced due to competition from local and domestic brands and the impact of sales channels are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Food Container and Kitchen Appliances Market Share Analysis
The global food container and kitchen appliances market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in R&D, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus related to the market.
Some of the major players operating in the global food container and kitchen appliances market are LG Electronics, SAMSUNG, Koninklijke Philips N.V., AB Electrolux, Whirlpool, 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., and GE Appliances (a subsidiary of Haier Inc.) among others.
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