The salad container market is set to be valued at US$ 2,169.3 million in 2024. With key players tying up with local gym chains and wellness centers, this valuation is very likely to surpass US$ 3,119.7 million by 2034.
With a sluggish 3.7% CAGR, the industry is set to do pretty well in countries like India, China, Thailand, etc., where the ongoing fad of veganism has shattered the ceilings. With last-mile delivery services making a comeback, this industry is expected to have a promising future in the next decade.
The growing prominence of ready-to-eat meals and the surge in the number of food vending machines in corporate offices has brought significant consumers to the industry. The rising incidences of chronic diseases in developed economies and the increasing awareness of the same have also made a positive impact on the sales of these salad bowls. Collaborations with social media influencers and fitness gurus are also benefitting the industry.
Attributes | Details |
---|---|
Value for 2024 | US$ 2,169.3 million |
Projected Value for 2034 | US$ 3,119.7 million |
CAGR for 2024 to 2034 | 3.7% |
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Owing to the ongoing sustainability trends, key players have introduced eco-friendly containers made from paperboard so that consumers can reuse or recycle them after the end of their lifecycles. This has attracted significant eco-conscious consumers.
Companies have also come up with monthly and weekly subscription plans, with other services like free home delivery and customized salads to cater to consumers with varied taste preferences.
Merging with large corporate offices and organizations has also profited companies in the industry as it allows for large-scale contracts and ensures a steady demand for salad boxes.
Salad containers, in accordance with their purpose, are made from plastic, aluminum, and paperboard material. Among these, plastic salad bowls are anticipated to hold an industry share of 35% in 2024.
Attributes | Details |
---|---|
Material | Plastic |
Share (2024) | 35% |
Salad containers are of various types, such as plates and bowls, trays, clamshells, cups, etc. Due to their convenience, plates and bowls are preferred the most. They hold an industry share of 32% as of 2024.
Attributes | Details |
---|---|
Container Type | Plates and Bowls |
Share (2024) | 32% |
Discussed below are the growth rates of some of the most lucrative countries in the salad container market. Asian countries like India, Japan, and China are expected to do well, primarily due to their enormous population, expanding eCommerce, and growing income of the middle-class demographic. Developed economies are also performing decently, thanks to celebrity endorsements and heavy reliance on instant food chains.
Countries | CAGR (2024 to 2034) |
---|---|
India | 3.8% |
Japan | 3.6% |
China | 3.5% |
United Kingdom | 2.9% |
United States | 3.1% |
In the past few years, the Indian last-mile-delivery services sector has undergone a serious transformation. What were once considered as small start-ups, have changed the face of this sector. This expansion has also served the salad bowl market as consumers can order these containers sitting at their homes. The collaboration of key companies in this industry with restaurants and hotel chains has also contributed positively to the overall growth.
India’s salad container market is slated to report a modest CAGR of 3.8% through 2034. Rising disposable incomes among the young generation are also one of the major drivers for this increased adoption.
The Chinese government in the last few years has announced a multitude of policies and campaigns aimed at increasing health awareness among its residents. Healthy China Initiative (2019 to 2030) has pushed consumers to undertake healthy diets of which salads are an essential component. This has automatically generated an excellent demand for salad plates and trays in the country.
The salad container market in China is anticipated to report a CAGR of 3.5% for the forecast period of 2024 to 2034. The expanding eCommerce in the country is aiding the industry's growth.
The Japan salad container market, for the forecast period, is expected to rise at a CAGR of 3.6%. Busy lifestyles and growing demand for convenient, ready-to-eat salads are driving the salad box industry in Japan.
People in Japan prefer eating street food as it is affordable, convenient, and gives an on-the-go dining experience. Many street joints in the country have also started providing healthy salads due to the ongoing healthy-eating fad. This has parallelly aided the sales of salad clamshells. Besides this, key players in Japan have also started using sustainable materials owing to the demands of eco-conscious consumers.
Like the other developing countries in the European belt, the United Kingdom is also experiencing a tremendous rise in the vegetarian population in the last few years. This demographic generates a substantial demand for salad and thus salad bowls and containers to satisfy cravings for healthy meals.
The salad container market growth in the United Kingdom is estimated at 2.9% through 2034. Collaboration with local fitness institutions and wellness centers is also proving to be a boon for salad container providers.
Sales of salad containers in the United States are majorly influenced by celebrity endorsements and social media branding of companies providing salad bowls. There is a desire among the general population in the country to follow the dietary habits of famous athletes, celebrities, and bodybuilders. This has, in turn, increased the consumption of salad containers, especially among the younger generations.
The salad container market in the United States is a very promising one with a 3.1% CAGR through 2034. Heavy reliance on food vending machines in urban and semi-urban settings has also led to a surge in the consumption of ready-to-eat salad containers.
The salad container market is filled with a multitude of companies. This competition is fierce with local companies having a slight edge over the global ones due to their better understanding of regional preferences, distribution networks, and ability to provide more customized meals. These companies are also embracing sustainable materials in the packaging of salad containers to cater to the demands of eco-conscious consumers.
Some of the most prominent companies are Sabert Corporation, Genpak, Anchor Packaging, Dart Container Corporation, and Pactiv.
Recent Developments in the Salad Container Market
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On the basis of material, the sector is segmented into plastic, paperboard, and aluminum.
Based on container type, the industry is divided into plates and bowls, trays, clamshell, and cups.
On account of end user, the sector is segmented into restaurants, hotels and lodgings, food courts, online food delivery, others (hospitals, schools, offices, etc.), and households.
As per region, the industry is divided into North America, Latin America, Europe, Asia-Pacific, and the Middle East and Africa.
The global valuation is US$ 2,169.3 million as of 2024.
The industry is expected to reach US$ 3,119.7 million by 2034.
The industry is growing at a CAGR of 3.7% from 2024 to 2034.
Sabert Corporation, Genpak, Anchor Packaging, Dart Container Corporation, and Pactiv, are some of the major players.
In 2023, the industry was valued at US$ 2,092.9 million.
1. Executive Summary
2. Industry Introduction, including Taxonomy and Market Definition
3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments
4. Global Market Demand Analysis 2019 to 2023 and Forecast 2024 to 2034, including Historical Analysis and Future Projections
5. Pricing Analysis
6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034
6.1. Material
6.2. Container Type
6.3. End Use
7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Material
7.1. Plastic
7.2. Paperboard
7.3. Aluminum
8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Container Type
8.1. Plates & Bowls
8.2. Trays
8.3. Clamshell
8.4. Cup
9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By End Use
9.1. Restaurants
9.2. Hotels and Lodgings
9.3. Food Courts
9.4. Online Food Delivery
9.5. Household
9.6. Others (Hospitals, Schools, Offices, etc.)
10. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region
10.1. North America
10.2. Latin America
10.3. Western Europe
10.4. South Asia
10.5. East Asia
10.6. Eastern Europe
10.7. Middle East & Africa
11. North America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
12. Latin America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
13. Western Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
14. South Asia Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
15. East Asia Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
16. Eastern Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
17. Middle East & Africa Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
18. Sales Forecast 2024 to 2034 by Material, Container Type, and End Use for 30 Countries
19. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard
20. Company Profile
20.1. CN CROWN
20.2. GM Packaging (UK) Ltd
20.3. Harvest Plastic
20.4. Wuhan Yoon Import & Export Co., Ltd
20.5. Strocon Pack Private Limited
20.6. COPAK Industry Co., LTD
20.7. Luban Pack
20.8. Linghai Plastic Packing Factory Co., Ltd.
Packaging
October 2023
REP-GB-18059
180 pages
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