Technavio has announced the top five leading vendors in their recenthousehold food storage containers market in the USreport from 2017 to 2021. This research report also lists six other prominent vendors that are expected to impact the market during the forecast period.
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Technavio has published a new report on the household food storage containers market in the US from 2017-2021. (Graphic: Business Wire)
According to US Census Bureau, more than 80% of the US population lives in urban areas, which will further rise in the coming years. With urbanization, the lifestyle of consumers has changed dramatically from eating freshly cooked food to buying ready-to-eat food products from the market. Some prefer cooking food beforehand once in a day and storing it for later consumption.
Competitive vendor landscape
The household food storage containers market in the US is highly competitive with the presence of few big conglomerates and small to mid-sized players. These players have a diverse portfolio of products and offer from basic to new innovative product to consumers.
"Newell Brands' Rubbermaid is a 100 years old US-based company, which leads the market for home and commercial products. It offers solutions for washroom, waste, and cleaning under their commercial and industry segments. The company offers food storage containers, home cleaning tools, and car organizers under the home solutions segment," says Tamal Saha, a lead retail goods and services research analyst from Technavio
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Top five household food storage containers market vendors in the US
Newell Brands
Newell Brands is a US-based multinational conglomerate, which consists brands for writing, outdoor solution, consumer solutions, commercial products, home solutions, and process solutions. The company sells food storage containers under its flagship brand Rubbermaid.
S.C. Johnson and Son
S.C. Johnson and Son manufactures and markets products like household cleaning products, air care, home and food storage, and pest control and shoe care products. It has a global presence and has operations in more than 70 nations, of which two-third share belongs to Europe and Asia.
The Clorox Company
The Clorox Company manufactures and markets home care products, laundry, bags and wraps, professional products, charcoal, cat litters, digestive health, dressings and sauces, natural personal care, and water filtration. The company employed 8,000 people globally and gained a revenue of USD 5.8 billion in FY2016.
Tupperware Brands
Tupperware Brands is a 71 years old US-based multinational conglomerate with a global presence. The company operates through direct-to-customer sales model. Tupperware brands manufacture and market Tupperware products, and cosmetics and personal care products under different brands such as BeautiControl, Fuller, NaturCare, Nutrimetics Nuvo, and Avroy Shlain.
World Kitchen
World Kitchen manufactures and markets products through seven main categories: tableware, bakeware, cookware, cutlery, storage, drinkware, and kitchenware. The company operates as a subsidiary of WKI Holding Company. World Kitchen employed 3,000 people globally and generated a revenue of USD 1.3 billion in FY2016.
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