Abstract
US food container demand to exceed $23 billion in 2011
Food container demand is projected to exceed $23 billion in 2011. Growth will
be stimulated by an expanding population base, rising disposable personal
income levels, smaller household sizes, consumer demands for more convenient
prepared foods, and trends toward value-added packaging providing advantages
including freshness protection and increased convenience.
Plastic food containers to be fastest growing category
Above-average gains are anticipated for plastic containers, and bags and
pouches. Plastic container growth will be attributable to performance
advantages over glass, metal and paperboard alternatives, with cups and tubs
benefitting from expanding applications for single-serving cups, which are
frequently sold in multipacks. Bag and pouch prospects will be driven by
robust advances for stand-up pouches based on advantages of excellent visual
appeal, product differentiation, convenience, portability, reclosability and
freshness protection. In addition to replacing other containers in existing
products, opportunities for pouches are anticipated in initial launches of new
products.
While paperboard food container demand will expand at a slower pace based on
maturity of many applications and competition from flexible packaging, robust
expansion is anticipated in the relatively small aseptic carton segment based
on expanding applications (often at the expense of metal cans) and greater
consumer interest in natural or minimally processed foods. In addition,
paperboard tubs and folding cartons will continue to dominate ice cream and
frozen dessert packaging.
Study coverage
This study contains historical US demand data (1996, 2001 and 2006) plus
forecasts for 2011 and 2016 for rigid and flexible food containers by product
type and market. The study also considers market environment influences on
demand, assesses the industry structure, evaluates company market share and
profiles 39 leading food packaging producers in the US industry.