Food Storage

PackIt, developer and marketer of freezable lunch boxes, bags and totes, is rolling out an updated brand strategy the company said is focused on optimizing the consumer lifestyle experience.

The food storage container market in the United States is forecast to serve up a compound annual growth rate of 2.67% from 2023 through 2029, according to market researcher Arizton.

As Newell Brands advances a turnaround plan initiated last year, the company beat Wall Street’s first-quarter estimates on loss and revenue.