Household Storage Containers Market: Introduction
- Household storage containers are used in every household to store food and products that have a certain shelf-life and preserve them for long time usage. Generally, these storage containers help extend the product period depending on the material of the product. For food products, storage is properly required depending on the material, packaging, and storage conditions, particularly temperature and humidity. These containers are majorly utilized to store packaged food, beverages, cosmetics, medicines, etc. A wide variety of food packaging and containers are available that are made from diverse materials. They are available in a variety of colors and materials and in a range of sizes of circles, squares, or rectangles.
Key Trends, Opportunities and Restraining Factors of Global Household Storage Containers Market
- Several types of household containers are available, which are made of clear polycarbonate, translucent polypropylene, or white polyethylene. Demand for plastic containers is increasing due to their durability, lightweight, and ease of carry and storage.
- Manufacturers of household containers prefer strong plastics such as high-density polyethylene (HDPE) and polyethylene terephthalate (PET) for household containers, as they offer similar performance as glass. Plastic containers offer better resistance to impact and pressure as compared to that offered by glass containers. However, glass provides resistance against chemical hazard.
- Innovative approaches taken by manufactures to create new products with unique designs, style, usage, size/ shape material, offers consumers have a wide range of choices, which is estimated to propel the global household storage container market. Furthermore, innovative ways to market the household container is also a key factor driving the household container market, such as promotion of properties such as heat resistance, microwaveable, airtight containers, can boost the market.
- Increase in the number of working people and dual-income households is boosting the spending capacity of people and they are willing to spend on unique and expensive products, which in turn is expected to fuel the household storage container market.
- Currently, governments of different countries are becoming increasingly stringent about the usage of plastic, as the decomposition process of plastic material as well as the recycling process is time-consuming. Consequently, several countries have enacted numerous regulations on plastic products. Furthermore, plastic materials have an adverse effect on the environment, as these plastic products contain bisphenol-A, phthalates, and polyesters and create industrial wastes, which is projected to restrain the household container market.
North America to Hold Major Share of Global Household Storage Containers Market
- In terms of region, the global household storage containers market is classified into North America (NA), Europe (EU), Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SA)
- North America is the leading market in terms of demand for household storage containers, which is expected to rise in the next few years. APAC accounts for a prominent share of the plastic container market, in terms of revenue, where China and India are major players. This expansion is fuelled by expansion of the beverage industry, as carbonated drinks are preserved in plastic containers. Additionally, an increase in demand for bottled water is also driving the demand for household storage containers.
- The household storage container market in Europe is fuelled by expansion of the FMCG market. Storing products such as detergent, packaged food products, and other liquids is fueling the demand for packaged household containers.
Key Players Operating in Global Household Storage Containers Market
- S.C. Johnson & Son Inc.
- The Clorox Company
- Lock & Lock
- World Kitchen
- IKEA Systems B.V.
- Thermos L.L.C.
- Zojirushi America Corporation
Global Household Storage Containers Market: Research Scope
Global Household Storage Containers Market, by Type
- Bottles and Jars
- Tubs and Cups
- Others (Boxes, Canisters, Unique food storage containers etc.)
Global Household Storage Containers Market, by Price
Global Household Storage Containers Market, by Distribution Channel
- Company Website
- E-commerce Website
- Specialty Stores
- Supermarket/ Hypermarket
- Others (Independent Retail Stores, etc.)
Global Household Storage Containers Market, by Material
- Polyethylene Terephthalate
- High-density Polyethylene
- Low-density polyethylene
- Others (Clear Polycarbonate, Translucent Polypropylene and white Polyethylene)
- Others, (glass, rubber etc.)
Global Household Storage Containers Market, by Application
- Pharmaceutical and cosmetics
- Others (Detergent, processed products etc.)
Global Household Storage Containers Market, by Region
- North America
- Rest of North America
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- Middle East & Africa
- South Africa
- Rest of Middle East & Africa
- South America
- Rest of South America