According to Future Market Insights (FMI), during the projected period, the global sandwich containers market is expected to grow at a CAGR of 5.8%. The market value is projected to increase from USD 255.9 million in 2023 to USD 449.7 million by 2033. The global sandwich containers industry was valued at USD 241.9 million at the end of 2022.
As per Future Market Insights (FMI), the plastic segment by material held a share of about 53.8% in 2022 within the global market. The lidded segment with a market share of more than 57.2% has topped the global sandwich containers within the lid type category according to current calculations. It is expected to grow at a CAGR of close to 5.8% over the forecast period 2023 to 2033.
The substantial increase in customer preference for healthy and nutritious foods is projected to drive the sandwich containers industry growth in the coming years. The onset of Covid- 19 has made people more health conscious all across the globe.
For instance, a survey by the World Economic Forum reveals that over 60% of Americans have become more health-conscious post-Covid-19. Furthermore, data from the UK Government revealed that around 80% of adults are focusing more on health owing to the effects of the pandemic.
Health-conscious consumers nowadays prefer transparency in their food packaging with details of every ingredient mentioned on them. Therefore, several companies in the food sector are planning and developing appealing sandwich containers to surge their sales. For instance, Lacerta Group launched its Fresh N’ Sealed brand of transparent and tamper-evident sandwich containers.
Since consumers are increasingly jumping on the eco-friendly bandwagon they are extensively making use of products that encourage the same. According to a survey, almost 70% of the 15,000 respondents prioritized and preferred their products in eco-friendly packaging.
The prolonged lifespan of metal sandwich containers has made them an ideal choice amongst several customers, especially younger consumers, who are often times willing to pay more for eco-friendly alternatives.
Metal sandwich containers are not only a durable option but also a better choice in terms of food safety. Metal containers such as stainless steel sandwich containers have also gained traction in recent times owing to the absence of Bisphenol-A (BPA), a harmful chemical with innumerable health hazards, which makes them a better choice in terms of food safekeeping.
The global sandwich containers industry is expected to experience lucrative growth during the forecast period. A new estimation predicts that sales will rise during 2023 to 2033 are projected to generate an attractive incremental growth opportunity of USD 207.8 million. It is predicted to expand 2.7 times the current market value during the forecast period.
Attribute | Details |
---|---|
Sandwich Containers Market Estimated Size (2023) | USD 255.9 million |
Projected Market Value (2033) | USD 449.7 million |
Value-based CAGR (2023 to 2033) | 5.8% |
Collective Value Share: Top 5 Companies (2022A) | 40 to 45% |
The global sandwich containers market registered a CAGR of 4.3% during the historical period 2018 to 2022. It reached a market value of USD 241.9 million in 2022, up from USD 204.6 million in 2018.
Sandwich containers are considered to be a highly innovative packaging format that secures the food and makes it tamper-proof. Sandwich boxes and containers have several other advantages which include high shelf life, improved safety as well as easy-to-carry properties.
Moreover, the trend of on-the-go snacking among people, especially in developed countries is likely to propel the demand for on-the-go sandwich containers in the forecast period.
The market is also expected to benefit from the strong demand for standard-sized sandwich containers from hotels, institutions, and restaurants. Another factor that is forecasted to propel the market is the rapid development of paper-based containers as people are increasingly becoming eco-conscious.
The rise of food delivery platforms and services has increased demand for packaging solutions such as sandwich containers that can maintain food quality during transportation.
Government regulations on food safety and packaging materials have impacted the types of materials used in sandwich containers. The purpose of these regulations was to ensure food safety and minimize environmental impact.
Sandwich container markets varied by region based on local food preferences, cultural norms, and economic factors. For instance, some regions preferred traditional materials such as paper, while others preferred plastics and more advanced packaging materials.
Consumer and business price sensitivity influenced sandwich packaging choices. Manufacturers had to find a balance between cost efficiency, quality and performance.
Country | The United States |
---|---|
Market Share (2023) | 14.4% |
Market Share (2033) | 13.9% |
BPS Analysis | -50 |
Country | China |
---|---|
Market Share (2023) | 11.3% |
Market Share (2033) | 10.6% |
BPS Analysis | -70 |
Country | India |
---|---|
Market Share (2023) | 7.2% |
Market Share (2033) | 8.0% |
BPS Analysis | 80 |
Country | Germany |
---|---|
Market Share (2023) | 5.1% |
Market Share (2033) | 5.5% |
BPS Analysis | 40 |
Country | The United Kingdom |
---|---|
Market Share (2023) | 3.0% |
Market Share (2033) | 3.2% |
BPS Analysis | 20 |
Growing Supermarket and Hypermarket to Propel Sales in the United States
The United States market for sandwich containers is estimated to surge at a CAGR of 5.0% during the forecast period. The market is estimated to grow at a rapid pace across the United States owing to the growing consumption of fast food across the country.
Furthermore, the risingpresence of hypermarkets and supermarkets across the country is further pushing the market forward.
Rising Consumer Good Industry in India to Spur Demand
The India market for sandwich containers is estimated to rise at a CAGR of 6.5% during the forecast period. The growth is mainly instigated by the rapid development of the FMCG sector in the country.
For instance, as per the India Brand Equity Foundation (IBEF), the Fast-moving Consumer Goods (FMCG) industry is considered to be the fourth-largest sector in the country. Moreover, rapid urbanization in India will also help the sandwich containers industry penetrate further.
Plastic Sandwich Containers to Lead the Segmen due to Low Costst
Based on the material, the plastic sandwich containers segment is anticipated to hold around 53.8% of the market share by 2033. The key driving factor behind this is the lower cost of plastic as compared to metal while being more reliable than paper.
The cost-effectiveness not only helps manufacturers with a lower production cost but also enables the buyer to save up to 60% as compared to metal sandwich containers.
Lidded Segment is Fueling the Market Sales Owing to Ability to Maintain Freshness
Based on lid type, the lidded segment is anticipated to dominate the market and hold around 57.2% of the market share by 2033. Sandwich containers with lidded covers are preferred owing to their ability to better sustain the quality of the food and protect from most liquids as well as food dust, thereby proving to be a highly versatile option.
The key manufacturers operating in the sandwich containers industry are focusing on increasing their production capacity to meet the rising demand for sandwich containers. Moreover, the key players are expanding their product portfolio to cater to the growing sandwich containers industry.
For instance,
Attribute | Details |
---|---|
Growth Rate | CAGR of 5.8% from 2023 to 2033 |
Base Year for Estimation | 2022 |
Historical Data | 2018 to 2022 |
Forecast Period | 2023 to2033 |
Quantitative Units | Revenue in USD million, Volume in Units, and CAGR from 2023 to 2033 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
Segments Covered | Material, Lid Type, Distribution Channel |
Key Countries Covered | The United States, Canada, Brazil, Mexico, Germany, Italy, France, The United Kingdom, Spain, Russia, GCC Countries, China, India, Australia |
Key Companies Profiled | Schur Flexibles Holding GesmbH; Eco-Products Inc.; A & K Ecofilm Ltd.; Constantia Flexibles Group GmbH; Sabert Corporation; Amcor Plc; Genpak LLC; Anchor Packaging Inc.; Klöckner Pentaplast Group; GM Packaging; Clondalkin Group Inc.; Tupperware Brands Corporation |
Table 01: Global Market Value (US$ million) By Material, 2018H to 2033F
Table 02: Global Market Volume (million Units) By Material, 2018H to 2033F
Table 03: Global Market Value (US$ million) By Lid Type, 2018H to 2033F
Table 04: Global Market Volume (million Units) By Lid Type, 2018H to 2033F
Table 07: Global Market Value (US$ million) By Distribution Channel, 2018H to 2033F
Table 08: Global Market Volume (US$ million) By Distribution Channel, 2018H to 2033F
Table 09: Global Market Value (US$ million) by Region, 2018H to 2033F
Table 10: Global Market Volume (million Units) by Region, 2018H to 2033F
Table 11: North America Market Value (US$ million) By Material, 2018H to 2033F
Table 12: North America Market Volume (million Units) By Material, 2018H to 2033F
Table 13: North America Market Value (US$ million) By Lid Type, 2018H to 2033F
Table 14: North America Market Volume (million Units) By Lid Type, 2018H to 2033F
Table 17: North America Market Value (US$ million) By Distribution Channel, 2018H to 2033F
Table 18: North America Market Volume (million Units) By Distribution Channel, 2018H to 2033F
Table 19: North America Market Value (US$ million) by Country, 2018H to 2033F
Table 20: North America Market Volume (million Units) by Country, 2018H to 2033F
Table 21: Latin America Market Value (US$ million) By Material, 2018H to 2033F
Table 22: Latin America Market Volume (million Units) By Material, 2018H to 2033F
Table 23: Latin America Market Value (US$ million) By Lid Type, 2018H to 2033F
Table 24: Latin America Market Volume (million Units) By Lid Type, 2018H to 2033F
Table 27: Latin America Market Value (US$ million) By Distribution Channel, 2018H to 2033F
Table 28: Latin America Market Volume (million Units) By Distribution Channel, 2018H to 2033F
Table 29: Latin America Market Value (US$ million) by Country, 2018H to 2033F
Table 30: Latin America Market Volume (million Units) by Country, 2018H to 2033F
Table 31: East Asia Market Value (US$ million) By Material, 2018H to 2033F
Table 32: East Asia Market Volume (million Units) By Material, 2018H to 2033F
Table 33: East Asia Market Value (US$ million) By Lid Type, 2018H to 2033F
Table 34: East Asia Market Volume (million Units) By Lid Type, 2018H to 2033F
Table 37: East Asia Market Value (US$ million) By Distribution Channel, 2018H to 2033F
Table 38: East Asia Market Volume (million Units) By Distribution Channel, 2018H to 2033F
Table 39: East Asia Market Value (US$ million) by Country, 2018H to 2033F
Table 40: East Asia Market Volume (million Units) by Country, 2018H to 2033F
Table 41: South Asia & Pacific Market Value (US$ million) By Material, 2017H-2033
Table 42: South Asia & Pacific Market Volume (million Units) By Material, 2018H to 2033F
Table 43: South Asia & Pacific Market Value (US$ million) By Lid Type, 2018H to 2033F
Table 44: South Asia & Pacific Market Volume (million Units) By Lid Type, 2018H to 2033F
Table 47: South Asia & Pacific Market Value (US$ million) By Distribution Channel, 2018H to 2033F
Table 48: South Asia & Pacific Market Volume (million Units) By Distribution Channel, 2018H to 2033F
Table 49: South Asia & Pacific Market Value (US$ million) by Country, 2018H to 2033F
Table 50: South Asia & Pacific Market Volume (million Units) by Country, 2018H to 2033F
Table 51: Western Europe Market Value (US$ million) By Material, 2018H to 2033F
Table 52: Western Europe Market Volume (million Units) By Material, 2018H to 2033F
Table 53: Western Europe Market Value (US$ million) By Lid Type, 2018H to 2033F
Table 54: Western Europe Market Volume (million Units) By Lid Type, 2018H to 2033F
Table 57: Western Europe Market Value (US$ million) By Distribution Channel, 2018H to 2033F
Table 58: Western Europe Market Volume (million Units) By Distribution Channel, 2018H to 2033F
Table 59: Western Europe Market Value (US$ million) by Country, 2018H to 2033F
Table 60: Western Europe Market Volume (million Units) by Country, 2018H to 2033F
Table 61: Eastern Europe Market Value (US$ million) By Material, 2018H to 2033F
Table 62: Eastern Europe Market Volume (million Units) By Material, 2018H to 2033F
Table 63: Eastern Europe Market Value (US$ million) By Lid Type, 2018H to 2033F
Table 64: Eastern Europe Market Volume (million Units) By Lid Type, 2018H to 2033F
Table 67: Eastern Europe Market Value (US$ million) By Distribution Channel, 2018H to 2033F
Table 68: Eastern Europe Market Volume (million Units) By Distribution Channel, 2018H to 2033F
Table 69: Eastern Europe Market Value (US$ million) by Country, 2018H to 2033F
Table 70: Eastern Europe Market Volume (million Units) by Country, 2018H to 2033F
Table 71: Central Asia Market Value (US$ million) By Material, 2018H to 2033F
Table 72: Central Asia Market Volume (million Units) By Material, 2018H to 2033F
Table 73: Central Asia Market Value (US$ million) By Lid Type, 2018H to 2033F
Table 74: Central Asia Market Volume (million Units) By Lid Type, 2018H to 2033F
Table 77: Central Asia Market Value (US$ million) By Distribution Channel, 2018H to 2033F
Table 78: Central Asia Market Volume (million Units) By Distribution Channel, 2018H to 2033F
Table 79: Central Asia Market Value (US$ million) by Country, 2018H to 2033F
Table 80: Central Asia Market Volume (million Units) by Country, 2018H to 2033F
Table 81: Russia & Belarus Market Value (US$ million) By Material, 2018H to 2033F
Table 82: Russia & Belarus Market Volume (million Units) By Material, 2018H to 2033F
Table 83: Russia & Belarus Market Value (US$ million) By Lid Type, 2018H to 2033F
Table 84: Russia & Belarus Market Volume (million Units) By Lid Type, 2018H to 2033F
Table 87: Russia & Belarus Market Value (US$ million) By Distribution Channel, 2018H to 2033F
Table 88: Russia & Belarus Market Volume (million Units) By Distribution Channel, 2018H to 2033F
Table 89: Russia & Belarus Market Value (US$ million) by Country, 2018H to 2033F
Table 90: Russia & Belarus Market Volume (million Units) by Country, 2018H to 2033F
Table 91: Balkan & Baltic Countries Market Value (US$ million) By Material, 2018H to 2033F
Table 92: Balkan & Baltic Countries Market Volume (million Units) By Material, 2018H to 2033F
Table 93: Balkan & Baltic Countries Market Value (US$ million) By Lid Type, 2018H to 2033F
Table 94: Balkan & Baltic Countries Market Volume (million Units) By Lid Type, 2018H to 2033F
Table 97: Balkan & Baltic Countries Market Value (US$ million) By Distribution Channel, 2018H to 2033F
Table 98: Balkan & Baltic Countries Market Volume (million Units) By Distribution Channel, 2018H to 2033F
Table 99: Balkan & Baltic Countries Market Value (US$ million) by Country, 2018H to 2033F
Table 100: Balkan & Baltic Countries Market Volume (million Units) by Country, 2018H to 2033F
Table 101: Middle East & Africa (MEA) Market Value (US$ million) By Material, 2018H to 2033F
Table 102: Middle East & Africa (MEA) Market Volume (million Units) By Material, 2018H to 2033F
Table 103: Middle East & Africa (MEA) Market Value (US$ million) By Lid Type, 2018H to 2033F
Table 104: Middle East & Africa (MEA) Market Volume (million Units) By Lid Type, 2018H to 2033F
Table 107: Middle East & Africa (MEA) Market Value (US$ million) By Distribution Channel, 2018H to 2033F
Table 108: Middle East & Africa (MEA) Market Volume (million Units) By Distribution Channel, 2018H to 2033F
Table 109: Middle East & Africa (MEA) Market Value (US$ million) by Country, 2018H to 2033F
Table 110: Middle East & Africa (MEA) Market Volume (million Units) by Country, 2018H to 2033F
Figure 01: Global Market Share Analysis, By Material, 2018H to 2033F
Figure 02: Global Market Y-o-Y Analysis, By Material, 2018H to 2033F
Figure 03: Global Market Attractiveness Analysis, By Material, 2018H to 2033F
Figure 04: Global Market Share Analysis, By Lid Type, 2018H to 2033F
Figure 05: Global Market Y-o-Y Analysis, By Lid Type, 2018H to 2033F
Figure 06: Global Market Attractiveness Analysis, By Lid Type, 2018H to 2033F
Figure 10: Global Market Share Analysis, By Distribution Channel, 2018H to 2033F
Figure 11: Global Market Y-o-Y Analysis, By Distribution Channel, 2018H to 2033F
Figure 12: Global Market Attractiveness Analysis, By Distribution Channel, 2018H to 2033F
Figure 13: Global Market Share Analysis, By Distribution Channel, 2018H to 2033F
Figure 14: Global Market Y-o-Y Analysis, By Distribution Channel, 2018H to 2033F
Figure 15: Global Market Attractiveness Analysis, By Distribution Channel, 2018H to 2033F
Figure 16: Global Market Share Analysis, by Region, 2018H to 2033F
Figure 17: Global Market Y-o-Y Analysis, by Region, 2018H to 2033F
Figure 18: Global Market Attractiveness Analysis, by Region, 2018H to 2033F
Figure 19: North America Market Attractiveness Analysis, By Material, 2018H to 2033F
Figure 20: North America Market Y-o-Y Analysis, By Lid Type, 2018H to 2033F
Figure 22: North America Market Value Share Analysis, By Distribution Channel 2023(E)
Figure 23: North America Market Share Analysis, by Country, 2018H to 2033F
Figure 24: Latin America Market Y-o-Y Analysis, By Material, 2018H to 2033F
Figure 25: Latin America Market Y-o-Y Analysis, By Lid Type, 2018H to 2033F
Figure 27: Latin America Market Value Share Analysis, By Distribution Channel 2023(E)
Figure 28: Latin America Market Share Analysis, by Country, 2018H to 2033F
Figure 29: East Asia Market Y-o-Y Analysis, By Material, 2018H to 2033F
Figure 30: East Asia Market Y-o-Y Analysis, By Lid Type, 2018H to 2033F
Figure 32: East Asia Market Value Share Analysis, By Distribution Channel 2023(E)
Figure 33: East Asia Market Share Analysis, by Country, 2018H to 2033F
Figure 34: South Asia & Pacific Market Y-o-Y Analysis, By Material, 2018H to 2033F
Figure 35: South Asia & Pacific Market Y-o-Y Analysis, By Lid Type, 2018H to 2033F
Figure 37: South Asia & Pacific Market Value Share Analysis, By Distribution Channel 2023(E)
Figure 38: South Asia & Pacific Market Share Analysis, by Country, 2018H to 2033F
Figure 39: Western Europe Market Y-o-Y Analysis, By Material, 2018H to 2033F
Figure 40: Western Europe Market Y-o-Y Analysis, By Lid Type, 2018H to 2033F
Figure 42: Western Europe Market Value Share Analysis, By Distribution Channel 2023(E)
Figure 43: Western Europe Market Share Analysis, by Country, 2018H to 2033F
Figure 44: Eastern Europe Market Y-o-Y Analysis, By Material, 2018H to 2033F
Figure 45: Eastern Europe Market Y-o-Y Analysis, By Lid Type, 2018H to 2033F
Figure 47: Eastern Europe Market Value Share Analysis, By Distribution Channel 2023(E)
Figure 48: Eastern Europe Market Share Analysis, by Country, 2018H to 2033F
Figure 49: Central Asia Market Y-o-Y Analysis, By Material, 2018H to 2033F
Figure 50: Central Asia Market Y-o-Y Analysis, By Lid Type, 2018H to 2033F
Figure 52: Central Asia Market Value Share Analysis, By Distribution Channel 2023(E)
Figure 53: Central Asia Market Share Analysis, by Country, 2018H to 2033F
Figure 54: Russia & Belarus Market Y-o-Y Analysis, By Material, 2018H to 2033F
Figure 55: Russia & Belarus Market Y-o-Y Analysis, By Lid Type, 2018H to 2033F
Figure 57: Russia & Belarus Market Value Share Analysis, By Distribution Channel 2023(E)
Figure 58: Russia & Belarus Market Share Analysis, by Country, 2018H to 2033F
Figure 59: Balkan & Baltic Countries Market Y-o-Y Analysis, By Material, 2017H -2033
Figure 60: Balkan & Baltic Countries Market Y-o-Y Analysis, By Lid Type, 2018H to 2033F
Figure 62: Balkan & Baltic Countries Market Value Share Analysis, By Distribution Channel 2023(E)
Figure 63: Balkan & Baltic Countries Market Share Analysis, by Country, 2018H to 2033F
Figure 64: Middle East & Africa (MEA) Market Y-o-Y Analysis, By Material, 2018H to 2033F
Figure 65: Middle East & Africa (MEA) Market Y-o-Y Analysis, By Lid Type, 2018H to 2033F
Figure 67: Middle East & Africa (MEA) Market Value Share Analysis, By Distribution Channel 2023(E)
Figure 68: Middle East & Africa (MEA) Market Share Analysis, by Country, 2018H to 2033F
The market is valued at USD 255.9 million in 2023.
Schur Flexibles Holding GesmbH and Eco-Products Inc. are key market players.
The market is estimated to reach USD 449.7 million in 2033.
The market is forecast to register a CAGR of 5.8% through 2033.
From 2018 to 2022, the market registered a CAGR of 4.3%.
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