Seam Bowl Market: Global Industry Analysis and Forecast (2021-2027) Trends, Statistics, Dynamics, Segmentation by Material, Application, and Region.

Seam Bowl Market was valued at US$ 250 Mn. in 2020. Global Seam Bowl Market size is estimated to grow at a CAGR of 6.8% over the forecast period.
Seam Bowl Market Overview:
The seam bowl is a type of plastic or metal container used to store food. These bowls have great barrier capabilities that help to extend the shelf life of the product and don't need to be refrigerated. The seam bowls are made up of specific canning lines that help to cut down on manufacturing time and costs. Plastic and metal are the most popular materials used in seam bowls. The food and packaging industries are the most prevalent uses for the seam bowl. Fish, soups, fruits, and vegetables are all packaged in these bowls.



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2020 is considered as a base year to forecast the market from 2021 to 2027. 2020’s market size is estimated on real numbers and outputs of the key players and major players across the globe. Past five years' trends are considered while forecasting the market through 2027. 2020 is a year of exception and analysis especially with the impact of lockdown by region.
Seam Bowl Market Dynamics:
Food manufacturers are focusing more on food container innovation and aesthetics, which motivates them to offer their products in a variety of creative food packaging, which is expected to drive market growth through the forecast period.

One of the primary factors driving the market is the rising demand for maintaining food quality through innovative methods. Food containers keep food products fresh and allow them to transport securely great distances from their point of manufacture. The need for food containers has increased as a result of rising populations, urbanization, and changing lifestyles. However, pertaining to the environmental issues that come with it, businesses are coming up with innovative solutions. Furthermore, government regulations limiting greenhouse gas emissions in the food and beverage industry are anticipated to increase demand for sustainable packaging, driving the market growth. For example, Advanced Food Products has been following sustainability initiatives that focus on reducing fuel and energy consumption, reducing waste by following zero-landfill policies, and achieving 100% recyclable practices.

The increased demand for innovative solutions to maintain food quality is one of the fundamental reasons driving the market. Food Bowls keep food fresh and allow it to be transported safely long distances from its point of origin. As a result of expanding populations, urbanization, and changing lifestyles, the need for food containers has increased. Moreover, government laws aimed at reducing greenhouse gas emissions in the food and beverage industry are expected to drive demand for sustainable packaging.

When food is stored in the bowl for an extended period of time, it is known to become contaminated. The biggest challenge for food container manufacturers is keeping up with changing consumer tastes. As a result, food bowl manufacturers must create fresh, leak-proof, airtight, and inventive foods with a pleasing appearance.

Seam bowls are the perfect solution for the retailers as the seam bowls can increase the processed food shelf life by up to two years. Plastic and metal are the commonly used material for the manufacturing of seam bowls. Seam bowls have most of their applications in the food industry; it is widely used for the packaging of fish, soups, fruit, vegetables, etc. In today's busy lifestyle people instead of preparing a whole meal are preferring ready-eat meals which are creating an opportunity for the seal bowls market.

Seam bowls are the ideal solution for retailers, since they may extend the shelf life of processed foods by up to two years. The most frequent materials used to make seam bowls are plastic and metal. The majority of seam bowls' applications are in the food business; they're commonly used to package fish, soups, fruit, and vegetables, among other things. People prefer ready-to-eat meals over making a whole meal in today's hectic world, which presents a market opportunity for seal bowls.

Because of the growing demand among consumers to have on-the-go meals, the use of seam bowls for food packing is expected to increase through the forecast period. Increased penetration of modern retail outlets in emerging nations is increasing packaged and processed food consumption, which is favorably influencing demand for seam bowls. Consumers' changing lifestyles and eating habits are driving up processed food consumption and driving up demand in the seam bowl industry.

The presence of seam bowl substitutes such as containers with high barrier lidding films and high barrier pouches may stifle the seam bowl market's growth. Due to the convenience provided by the use of seam bowls for food packing and handling due to its high barrier and microwavable features, the market for seam bowls is predicted to grow significantly.
Seam Bowl Market Segment Analysis:
By Material, The plastic segment dominated the market with a 59 % share in 2020. Because of its numerous advantages over other materials, plastic is the most widely used material in the packaging industry. Plastic is more energy efficient to manufacture than other materials and is lighter than other materials.

Furthermore, when compared to other materials such as metals and glass, it is quite affordable. Packaging 10 gallons of drinks requires only 2 pounds of plastic resins. To supply the same amount of drink, 8 pounds of steel, three pounds of aluminum, and nearly forty pounds of glass are required. Plastic containers are made from a variety of plastic resins, including HDPE, LDPE, PET, PP, and polystyrene.


Global Seam Bowl Market Regional Insights:
North America dominated the Seam Bowl Market in 2020 with a 35.5 % share. The rise in packaged food consumption, waste minimization, and the expanding use of small food bowls in families, as well as the demand for fresh food. Moreover, rising personal wealth, urbanization, and increased interest in packaged goods are all driving factors in the business in this region. The demand for foods in the United States, such as tinned fish and meat, is increasing, fueling market growth in the region. Because of the substantial growth of the food and beverage industry, which is one of the key drivers of the regional market, the United States was the leading revenue provider in North America. Demand for bioplastic packaging is being driven by regulations demanding recycling and material sustainability in order to maintain environmental balance.

Because of the strong need for fast-moving consumer items, the Asia-Pacific market is expected to rise steadily. Governments in countries such as Australia, China, Japan, India, Malaysia, and Singapore are expected to enhance demand for seam bowls through the forecast period as a result of food contact material laws. Due to government-directed rules aimed at decreasing food packaging waste, China held the highest share of the market in Asia-Pacific. The Chinese government has restricted the import of seam bowl makers to meet the need of the food industry.

The objective of the report is to present a comprehensive analysis of the global Seam Bowl Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The reports also help in understanding the Seam Bowl Market dynamic, structure by analyzing the market segments and projecting the Seam Bowl Market size. Clear representation of competitive analysis of key players by Vehicle type, price, financial position, product portfolio, growth strategies, and regional presence in the Seam Bowl Market make the report investor’s guide.
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Global Seam Bowl Market


Report Coverage
Details


Base Year:
2020
Forecast Period:
2021-2027


Historical Data:
2016 to 2020
Market Size in 2020:
US $ 59.95 Bn.


Forecast Period 2021 to 2027 CAGR:
6.8%
Market Size in 2027:
US $ 89.37 Bn.


 Segments Covered:
by Material
•  Metal
• Plastic
• Others


by Application
• Fruit
• Fish
• Pasta
• Soup
• Vegetable
• Others



Seam Bowl Market by Region
• North America
• Europe
• Asia Pacific
• Latin America
• The Middle East and Africa
Seam Bowl Market Key Players
• Silgan Holdings Inc.
• Truitt Bros. Inc.
• Golden-Tech International, Inc.
• Metal Seam Co.
• Others
Frequently Asked Questions:
1] What segments are covered in the Global Seam Bowl Market report?
Ans. The segments covered in the Seam Bowl Market report are based on Material and Application.

2] Which region is expected to hold the highest share in the Global Seam Bowl Market?
Ans. The Asia Pacific region is expected to hold the highest share in the Seam Bowl Market.

3] What is the market size of the Global Seam Bowl Market by 2027?
Ans. The market size of the Seam Bowl Market by 2027 is expected to reach US$ 396.22 Mn.

4] What is the forecast period for the Global Seam Bowl Market?
Ans. The forecast period for the Seam Bowl Market is 2020-2027.

5] What was the market size of the Global Seam Bowl Market in 2020?
Ans. The market size of the Seam Bowl Market in 2020 was valued at US$ 250 Mn.