The market for insulated food containers is expanding as a result of factors like a growing labour force. An enormous demand for healthy and fresh meals at work is being caused by an increase in the number of people who are employed. For extended periods of time, things are stored in hot or cold conditions using insulated food containers. Additionally, high-quality containers shield consumers from foodborne illness and guarantee food safety. Over the course of the forecast period, these factors are anticipated to boost demand for insulated food containers. Some of the key drivers anticipated to drive market expansion during the forecast period include the expanding food and beverage sector and increased consumer awareness of food contamination.
Global Insulated Food Container Market was valued at US$ 1264.0 Million in 2021 in terms of revenue, exhibiting a CAGR of 5.9% during the forecast period (2022 to 2030).
Leading Companies in the Insulated Food Container Industry:
1. Cambro Foodservice Equipment and Supplies
Founded Cambro manufacturing in 1951 in Huntington, Beach, Calif., they created a single product to solve a problem in the foodservice industry. The company has headquarters situated in California, US.
2. Carlisle FoodService Products
Founded in 1955, manufacturer of professional-grade products catering to commercial food service, janitorial and healthcare markets. It has headquarters situated in Oklahoma City, United States.
3. Newell Brands
Newell Brands Inc. designs, manufactures, sources, and distributes consumer and commercial products worldwide. Newell Brands Inc. was founded in 1903 and is based in Atlanta, Georgia.
4.Zojirushi America Corporation
Zojirushi Corporation manufactures and sells household products in Japan and internationally. Zojirushi Corporation was incorporated in 1918 and is headquartered in Osaka, Japan.
5.Thermos L.L.C.
Since 1904 Thermos® Brand to provide durable and high performing food and beverage containers for every on-the-go need. The company has headquarters situated in Midwestern, US. In April, 2021 Arc Cardinal, has announced a sales, marketing and distribution partnership with Thermos
6. Hamilton Housewares Pvt. Ltd.
Founded in 1972, Hamilton is the leading houseware, cookware & kitchenware manufacturer who sells their products. It has headquarters situated in Mumbai, India and is operational in more than 30 countries.
7. Huhtamaki
Huhtamäki Oyj manufactures and sells packaging products wordwide. Huhtamäki Oyj was founded in 1920 and is headquartered in Espoo, Finland. The company is operational in more than 38 countries. In November, 2022 Huhtamaki, a key global advanced manufacturer of sustainable packaging solutions, today inaugurates its extension to its existing paper-based packaging manufacturing site in Nules, Spain.
8.TokyoPlast
Tokyo Plast International Limited engages in the manufacture and sale of thermo food containers and coolers in India and internationally. It offers plastic thermoware products. The company was incorporated in 1992 is headquartered in Mumbai, India. It is operational in more than over 75 countries
9. Tupperware
Tupperware Brands Corporation operates as a consumer products company worldwide. Tupperware Brands Corporation was founded in 1946 and is headquartered in Orlando, Florida. It distributes its products to approximately 70 countries. In June, 2022 Tupperware Brands Corporation a leading global consumer products company, announced that it has entered into a definitive agreement for the sale of its Nutrimetics beauty business, which operates in Australia, New Zealand, and France.
*Definition- Food is kept hot and cold in insulated food containers, and the consumer-desired temperature is maintained.
