Market Overview:
The global hinged lid food containers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for fast food and ready meals, rising disposable income, and growing awareness about hygiene and health among consumers. In terms of type, the plastic segment is expected to lead the global hinged lid food containers market during the forecast period. This can be attributed to its properties such as durability, lightweightness, and recyclability. In terms of application, fast food & ready meals are expected to account for a major share of the global hinged lid food containers market during the forecast period.
Product Definition:
A hinged lid food container is a type of food storage container that has a lid that attaches to the body of the container with hinges. This type of lid allows the user to open and close the container easily, and it also helps to keep the contents inside secure. Hinged lid food containers are often used for storing food items such as leftovers, snacks, or ingredients. They are also popular for taking meals on-the-go.
Plastic:
Plastic is a non-degradable material and will not decompose for 100 years. It has been around for centuries but only came into common usage in the 20th century. Plastic is made up of two types, synthetic (derived from petroleum) and natural (derived from crude oil). The most commonly used plastic is Polyethylene Terephthalate or PET which was first produced in 1941.
Molded Fiber:
Molded fiber is a type of plastic that has been processed from polymer resin and then molded to create the desired shape. It can be used as containers for food products such as vegetables, fruits, chips & pretzels and other snacks. The major application of molded fiber is in packaging peanuts, candy bars & gum balls where it’s shape provides a better fit for the product than traditional plastics.
Application Insights:
The pastries and baked goods segment held the largest share of more than 30.0% in 2017. The demand for bakery products is generally higher at weekends and during holidays, when the consumers prefer freshness and quality over quantity. As a result, the manufacturers are likely to benefit from an increase in production output as they gear up for such occasions.
The fast food & ready meals segment is expected to expand at a CAGR of XX% from 2018 to 2030 owing to increasing consumer preference for this type of food due to its convenient preparation time as compared with home cooking options.
Regional Analysis:
North America dominated the global market in 2017 owing to high demand for convenient packaging solutions from consumers, food service providers, and retail chains. The region is expected to witness a CAGR of XX% over the forecast period. Increasing health concerns among people are driving demand for healthy foods such as fresh fruits and vegetables that require specialized packaging materials to maintain quality during storage and transportation resulting in increased adoption of hinged lid containers in North America regional market.
Asia Pacific is anticipated to be the fastest-growing regional market due to increasing disposable income levels, changing consumer lifestyles, rising awareness about nutritional diet patterns leading towards increased consumption of packaged food items such as ready meals on-the-go or at home delivery services which increases need for convenient packaging solutions like hinge lid containers used for storing these products at user end thus boosting product sales over the forecast period.
Growth Factors:
- Increasing demand for convenience foods: The growth of the hinged lid food containers market can be attributed to the increasing demand for convenience foods. Convenience foods are those that can be prepared or served quickly and easily, without much effort. They are perfect for busy people who do not have time to cook a meal from scratch. Hinged lid food containers make it easy to store and serve these types of foods.
- Rising disposable income: Another key driver of the hinged lid food containers market is rising disposable income levels around the world. As people’s incomes increase, they tend to spend more on luxury items such as convenient meals that can be eaten on-the-go. This is good news for companies that manufacture hinged lid food containers, as it means greater sales volumes and higher profits margins.
Scope Of The Report
Report Attributes
Report Details
Report Title
Hinged Lid Food Containers Market Research Report
By Type
Plastic, Molded Fiber, Foam, Other
By Application
Fast Food & Ready Meals, Pastries & Baked Goods, Carry Out Snacks, Fruit, Vegetables, Others
By Companies
Visipak, Sabert, Dart Container, Pactiv, Sanplast, Berry Global, Huhtamaki, D&W Fine Pack, LINPAC Packaging, Placon, Genpak, Solo Cup Company, Vegware, Biopak, Lollicup USA, Cosmoplast, Reynolds, Bonson
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
156
Number of Tables & Figures
110
Customization Available
Yes, the report can be customized as per your need.
Global Hinged Lid Food Containers Market Report Segments:
The global Hinged Lid Food Containers market is segmented on the basis of:
Types
Plastic, Molded Fiber, Foam, Other
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
Fast Food & Ready Meals, Pastries & Baked Goods, Carry Out Snacks, Fruit, Vegetables, 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:
- Visipak
- Sabert
- Dart Container
- Pactiv
- Sanplast
- Berry Global
- Huhtamaki
- D&W Fine Pack
- LINPAC Packaging
- Placon
- Genpak
- Solo Cup Company
- Vegware
- Biopak
- Lollicup USA
- Cosmoplast
- Reynolds
- Bonson
Highlights of The Hinged Lid Food Containers 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
- Molded Fiber
- Foam
- Other
- By Application:
- Fast Food & Ready Meals
- Pastries & Baked Goods
- Carry Out Snacks
- Fruit
- Vegetables
- 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 Hinged Lid Food Containers 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.
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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?
Hinged lid food containers are a type of container that has a hinged lid that can be lifted off to access the food inside. This type of container is often used for foods that need to be stored in an airtight environment, such as fruits and vegetables.
Some of the major companies in the hinged lid food containers market are Visipak, Sabert, Dart Container, Pactiv, Sanplast, Berry Global, Huhtamaki, D&W Fine Pack, LINPAC Packaging, Placon, Genpak, Solo Cup Company, Vegware, Biopak, Lollicup USA, Cosmoplast, Reynolds, Bonson.
The hinged lid food containers 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 Hinged Lid Food Containers 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 Hinged Lid Food Containers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hinged Lid Food Containers 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 Hinged Lid Food Containers 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 Hinged Lid Food Containers Market Size & Forecast, 2018-2028
4.5.1 Hinged Lid Food Containers Market Size and Y-o-Y Growth
4.5.2 Hinged Lid Food Containers Market Absolute $ Opportunity
Chapter 5 Global Hinged Lid Food Containers 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 Hinged Lid Food Containers Market Size Forecast by Type
5.2.1 Plastic
5.2.2 Molded Fiber
5.2.3 Foam
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Hinged Lid Food Containers 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 Hinged Lid Food Containers Market Size Forecast by Applications
6.2.1 Fast Food & Ready Meals
6.2.2 Pastries & Baked Goods
6.2.3 Carry Out Snacks
6.2.4 Fruit
6.2.5 Vegetables
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hinged Lid Food Containers 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 Hinged Lid Food Containers 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 Hinged Lid Food Containers Analysis and Forecast
9.1 Introduction
9.2 North America Hinged Lid Food Containers 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 Hinged Lid Food Containers Market Size Forecast by Type
9.6.1 Plastic
9.6.2 Molded Fiber
9.6.3 Foam
9.6.4 Other
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 Hinged Lid Food Containers Market Size Forecast by Applications
9.10.1 Fast Food & Ready Meals
9.10.2 Pastries & Baked Goods
9.10.3 Carry Out Snacks
9.10.4 Fruit
9.10.5 Vegetables
9.10.6 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 Hinged Lid Food Containers Analysis and Forecast
10.1 Introduction
10.2 Europe Hinged Lid Food Containers 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 Hinged Lid Food Containers Market Size Forecast by Type
10.6.1 Plastic
10.6.2 Molded Fiber
10.6.3 Foam
10.6.4 Other
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 Hinged Lid Food Containers Market Size Forecast by Applications
10.10.1 Fast Food & Ready Meals
10.10.2 Pastries & Baked Goods
10.10.3 Carry Out Snacks
10.10.4 Fruit
10.10.5 Vegetables
10.10.6 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 Hinged Lid Food Containers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Hinged Lid Food Containers 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 Hinged Lid Food Containers Market Size Forecast by Type
11.6.1 Plastic
11.6.2 Molded Fiber
11.6.3 Foam
11.6.4 Other
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 Hinged Lid Food Containers Market Size Forecast by Applications
11.10.1 Fast Food & Ready Meals
11.10.2 Pastries & Baked Goods
11.10.3 Carry Out Snacks
11.10.4 Fruit
11.10.5 Vegetables
11.10.6 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 Hinged Lid Food Containers Analysis and Forecast
12.1 Introduction
12.2 Latin America Hinged Lid Food Containers 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 Hinged Lid Food Containers Market Size Forecast by Type
12.6.1 Plastic
12.6.2 Molded Fiber
12.6.3 Foam
12.6.4 Other
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 Hinged Lid Food Containers Market Size Forecast by Applications
12.10.1 Fast Food & Ready Meals
12.10.2 Pastries & Baked Goods
12.10.3 Carry Out Snacks
12.10.4 Fruit
12.10.5 Vegetables
12.10.6 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) Hinged Lid Food Containers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Hinged Lid Food Containers 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) Hinged Lid Food Containers Market Size Forecast by Type
13.6.1 Plastic
13.6.2 Molded Fiber
13.6.3 Foam
13.6.4 Other
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) Hinged Lid Food Containers Market Size Forecast by Applications
13.10.1 Fast Food & Ready Meals
13.10.2 Pastries & Baked Goods
13.10.3 Carry Out Snacks
13.10.4 Fruit
13.10.5 Vegetables
13.10.6 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 Hinged Lid Food Containers Market: Competitive Dashboard
14.2 Global Hinged Lid Food Containers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Visipak
14.3.2 Sabert
14.3.3 Dart Container
14.3.4 Pactiv
14.3.5 Sanplast
14.3.6 Berry Global
14.3.7 Huhtamaki
14.3.8 D&W Fine Pack
14.3.9 LINPAC Packaging
14.3.10 Placon
14.3.11 Genpak
14.3.12 Solo Cup Company
14.3.13 Vegware
14.3.14 Biopak
14.3.15 Lollicup USA
14.3.16 Cosmoplast
14.3.17 Reynolds
14.3.18 Bonson
