Household Food Storage Containers Market in the US 2017-2021

Overview of the household food storage containers market in the US

Research analysis on the household food storage containers market in the US identifies that the rising demand for containers that can prevent the cross-contamination of food will be one of the major factors that will have a positive impact on the growth of the market. This increasing demand is inducing vendors to focus on manufacturing leak proof and air-tight lids and containers that prevent food from getting contaminated. Newell Brands is already offering 100% leak proof containers. These containers are produced using BPA-free plastics and have lids with latches and air-tight leak proof seal. Such innovations will increase the demand for these storage containers, propeling the market's growth prospects. Technavio's market research analysts predict that this market will grow at a CAGR of more than 5% by 2021.

The increasing demand for ergonomically designed containers will be one of the latest trends that will gain traction in the household food storage containers market in the US during the next four years. Owing to the industry's growth and the introduction of new type of containers, the vendors in this market are focusing on the development of containers that are durable with minimal cost. Black+Blum has already launched Box Appetit and Lunch pot, which are BPA free and are safe to use in microwave ovens and dishwashers. Additionally, manufacturers have also introduced smart connected food storage containers that can be connected to the consumers? mobile phones and help a track of the contents and the time it has to be consumed.

Competitive landscape and key vendors

The food containers market in the US is characterized by the presence of several large and small-scale vendors and is highly fragmented. The vendors in the market are competing based on the revenue, product portfolio and geographical presence. The vendors with a diverse product portfolio and offering basic to new innovative products to consumers account for the major shares.

The leading vendors in the market are -

• Newell Brands
• S.C. Johnson and Son
• The Clorox Company
• Tupperware
• World kitchen

The other prominent vendors in the market are Accent-Fairchild, Anchor Hocking, OXO, Sterilite, VacuVita, and Vollrath.

Segmentation by material and analysis of the household food storage containers market in the US

• Plastic
• Metal
• Glass

During 2016, the plastic segment accounted for the major shares of the food containers market in the US. The favorable properties of plastic such as non-breakable, undamaged from any small wear and tear, and lightweight has induced manufacturers to save costs in their transportation. Additionally, it also helps in lowering the cost of the product. This will propel the growth of the this market segment. The vendors in the market are producing BPA-free containers that do not the harm food and the health of consumers.

Segmentation by distribution channel and analysis of the household food storage containers market in the US

• Offline distribution channel
• Online distribution channel

The offline distribution channel accounted for the major shares of the household food storage containers market in the US during 2016. This distribution channel consists of specialty stores, hypermarkets, supermarkets, convenience stores, and clubhouse stores, and department stores. The availability of a wide range of products in these offline stores is a major factor that is increasing preference of these stores than the online segment.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the household food storage containers market in the US?
• What are the key market trends impacting the growth of the household food storage containers market in the US?
• What are the challenges to market growth?
• Who are the key vendors in the household food storage containers market in the US?
• What are the market opportunities and threats faced by the vendors in the household food storage containers market in the US?
• What are the key outcomes of the five forces analysis of the household food storage containers market in the US? 

Technavio also offers customization on reports based on specific client requirement.

The upcoming report for the household food storage containers market in the US is an integral part of consumer and retail industry. Technavio offers a wide collection of research reports by collecting data and insights from vendors, manufacturers, retailers, distributors, and end users, and provides an accurate forecast for the markets in the general retail goods and services sector. The report also details on some of the vendors operating in this market such as Rubbermaid, S.C. Johnson and Sons, The Clorox Company, Tupperware Brands, World Kitchen, A.J. Stuart, Anchor Hocking (Oneida), Newell Brands, Oxo, Sterilite Corporation, Vacuvita, and The Vollrath Company.

By implementing an extensive primary and secondary research methods and assessing the dynamic demand patterns in the general retail goods sector, the upcoming report on the household food storage containers market in the US offers insights into the market size, key market drivers, and competitive factors. By using research tools such as phone and online surveys, expert opinion, and vendor briefings, the report presents insights into existing geographical and end user segments.

The upcoming report on the household food storage containers market in the US also considers the growth of related markets such as the diaper market and functional drinks market which are expected to grow at the rate of 6% and 9%, respectively, for the forecast period of 2017 to 2021. The rise in demand for odor and stain resistant storage containers are one of the possible reasons for the growth of this market.

The upcoming market research report for the household food storage containers market in the US also highlights the key drivers, emerging trends, competitive intelligence, business demand cycles, as well as the restraints that the general retail goods sector currently experiences. The report also covers the growth of related sectors such as consumer services and personal care, retail systems, and outdoor sports equipment sector.

Our market research methodology for the household food storage containers market in the US

Technavio also offers clients the option to customize every report to suit their specific requirements and offers attractive discounts on all upcoming reports and future purchases.