Market Overview:
The global food buckets market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for food buckets from the food services sector and also from households for storage and transportation of food items. In terms of type, the plastic food buckets segment is expected to dominate the market during the forecast period, owing to their properties such as durability, resistance against corrosion and moisture, and low weight. In terms of application, the food services sector is expected to account for a major share ofthe global market duringthe forecastperiod.
Product Definition:
A food bucket is a container used for the storage of food. They are often made of plastic or metal and have a lid to keep the contents fresh. Food buckets can be used for a variety of purposes, such as taking lunch to work, packing snacks for a road trip, or storing leftovers.
Plastic Food Buckets:
Plastic food buckets are used to carry liquid and semi-liquid foods such as soups, sauces, milk products, baby food among others. The global plastic food buckets market is driven by factors such as growing population coupled with rising disposable income especially in the emerging economies of Asia Pacific and Latin America. In addition, increasing penetration of retail stores has further propelled the demand for plastic food buckets in this region thereby driving the growth of this market over the forecast period.
Paper Food Buckets:
Paper food buckets are used in the food buckets market for packaging various types of foods such as fruits, vegetables, and meat. The paper food bucket is a very common product and can be found in almost all households across the globe. It is an easy to use and convenient product which helps in carrying groceries from vendor to home without any damage. These products are available at low prices which makes it affordable for every consumer group out there.
Application Insights:
The food services application segment led the global food buckets market in 2017. The segment is expected to expand at a CAGR of XX% over the forecast period owing to an increase in demand for packaged and ready-to-eat foods among consumers, particularly in developed economies such as U.K., Germany, and France.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for more than 40% of the global population, and a large number of people are employed in various food services industry. This has resulted in high demand for food buckets across restaurants, hotels, households as well as other places where large gatherings take place.
The Middle East & Africa is anticipated to be one of the fastest-growing regions over the forecast period owing to increasing disposable income levels among consumers coupled with rising tourism activities at all spending levels. Furthermore, countries such as Egypt and Nigeria have been experiencing strong economic growth which will drive product demand further.
Growth Factors:
- Increasing demand for food due to population growth
- Rising disposable income of consumers in developing countries
- Urbanization and changing dietary habits
- Proliferation of supermarkets and modern retail formats
- Growing interest in healthy eating
Scope Of The Report
Report Attributes
Report Details
Report Title
Food Buckets Market Research Report
By Type
Plastic Food Buckets, Paper Food Buckets
By Application
Food Services, Household, Others
By Companies
International Paper Foodservice Europe, Affordable Buckets, LLC, Westgate Products, Ltd., Letica Corporation, Balaji Industries, Hofmann Plastics, Inc.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
183
Number of Tables & Figures
129
Customization Available
Yes, the report can be customized as per your need.
Global Food Buckets Market Report Segments:
The global Food Buckets market is segmented on the basis of:
Types
Plastic Food Buckets, Paper Food Buckets
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food Services, Household, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- International Paper Foodservice Europe
- Affordable Buckets, LLC
- Westgate Products, Ltd.
- Letica Corporation
- Balaji Industries
- Hofmann Plastics, Inc.
Highlights of The Food Buckets Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Plastic Food Buckets
- Paper Food Buckets
- By Application:
- Food Services
- Household
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Food Buckets Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Food buckets are a way to help people in need by donating food. People can donate food to local food banks, soup kitchens, or other organizations that distribute the food to those in need.
Some of the major companies in the food buckets market are International Paper Foodservice Europe, Affordable Buckets, LLC, Westgate Products, Ltd., Letica Corporation, Balaji Industries, Hofmann Plastics, Inc..
The food buckets market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Food Buckets Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Food Buckets Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Food Buckets Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Food Buckets Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Food Buckets Market Size & Forecast, 2018-2028
4.5.1 Food Buckets Market Size and Y-o-Y Growth
4.5.2 Food Buckets Market Absolute $ Opportunity
Chapter 5 Global Food Buckets Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Food Buckets Market Size Forecast by Type
5.2.1 Plastic Food Buckets
5.2.2 Paper Food Buckets
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Food Buckets Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Food Buckets Market Size Forecast by Applications
6.2.1 Food Services
6.2.2 Household
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Food Buckets Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Food Buckets Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Food Buckets Analysis and Forecast
9.1 Introduction
9.2 North America Food Buckets Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Food Buckets Market Size Forecast by Type
9.6.1 Plastic Food Buckets
9.6.2 Paper Food Buckets
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Food Buckets Market Size Forecast by Applications
9.10.1 Food Services
9.10.2 Household
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Food Buckets Analysis and Forecast
10.1 Introduction
10.2 Europe Food Buckets Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Food Buckets Market Size Forecast by Type
10.6.1 Plastic Food Buckets
10.6.2 Paper Food Buckets
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Food Buckets Market Size Forecast by Applications
10.10.1 Food Services
10.10.2 Household
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Food Buckets Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Food Buckets Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Food Buckets Market Size Forecast by Type
11.6.1 Plastic Food Buckets
11.6.2 Paper Food Buckets
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Food Buckets Market Size Forecast by Applications
11.10.1 Food Services
11.10.2 Household
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Food Buckets Analysis and Forecast
12.1 Introduction
12.2 Latin America Food Buckets Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Food Buckets Market Size Forecast by Type
12.6.1 Plastic Food Buckets
12.6.2 Paper Food Buckets
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Food Buckets Market Size Forecast by Applications
12.10.1 Food Services
12.10.2 Household
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Food Buckets Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Food Buckets Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Food Buckets Market Size Forecast by Type
13.6.1 Plastic Food Buckets
13.6.2 Paper Food Buckets
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Food Buckets Market Size Forecast by Applications
13.10.1 Food Services
13.10.2 Household
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Food Buckets Market: Competitive Dashboard
14.2 Global Food Buckets Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 International Paper Foodservice Europe
14.3.2 Affordable Buckets, LLC
14.3.3 Westgate Products, Ltd.
14.3.4 Letica Corporation
14.3.5 Balaji Industries
14.3.6 Hofmann Plastics, Inc.
