Philippines food containers market is estimated to grow at a significant CAGR during the forecast period. Convenience foods are becoming increasingly popular among consumers. The shift toward a healthier lifestyle and consumers’ high purchasing power are the primary drivers for the adoption of food containers in Philippines. Salad bags, fresh herbs packs, chopped vegetable bags, vegetable trays, and single-serve salad packaging are some instances of convenience food in the fresh food category. Another major factor driving convenience food consumption is emerging economies’ are increasingly fast-paced lifestyles. Single parents and working-class women are two demographic groups that contribute to the demand for convenience foods.
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Food packaging serves to protect food from infection while also preserving its integrity, quality, and safety. The majority of food packaging regulation systems include broad safety criteria aimed at maintaining the physical, chemical, and sanitary integrity of food packages’ content. These regulations usually restrict the transfer of substances from packaging to food that may be detrimental to human health or cause an unacceptable change in the food’s composition, taste, or odour.
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Philippines government is concentrating on decreasing pollution and encouraging end-use industries to choose environmentally friendly solutions. Natural biopolymer, which is more flexible than ordinary plastic, is used in eco-friendly packaging. Eco-friendly packaging materials such as bioplastics, recycled papers, forest wood, and palm leaf can be used to package fresh foods. Producers commonly employ recycled packaging materials such as corrugated cartons, glass, steel, and paperboard to provide environmentally friendly packaging. The moulded pulp tray is one such product; it is constructed of recycled materials and is environmentally beneficial.
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Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Type
- By Application
- Competitive Landscape- Mondi plc, Silgan Holdings Inc., and Sonoco Products Co., among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment dominate the market in the base year?
- Which segment will project the fastest growth in the market?
- How COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Philippines Food Containers Market Report by Segment
By Type
- Paperboard Food Containers
- Plastic Food Containers
- Metal Food Containers
- Glass Food Containers
By Application
- Meat Products
- Dairy Products
- Bakery Products
- Fruits
- Vegetables and Other
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