Foodservice Disposables Market Size, Share & Industry | 2031
Foodservice Disposables Market Size, Share & Industry | 2031
Segments - Foodservice Disposables Market by Category (Plastic, Paper, Aluminum and Others) Application (Restaurants, Hotels & Hospitality and Others) and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028
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| Report ID :CG-613
| 4.7 Rating
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| 194 Pages
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Report Description
The foodservice disposables market size is projected to register a substantial CAGR of 5.0% during the forecast period, 2021–2028. The growth of the market is attributed to the trend of consuming ready-to-eat meals, takeaways and rising websites and apps for food delivery services.
Foodservice disposables are the various disposable products made from aluminum, paper, plastic and other materials that are used in the foodservice industry. These products are made for one time use only; however, recyclable raw materials are used while preparing these disposables which helps in managing waste.
Rising significance of various factors such as timeliness, variety, and convenience in respect to food items among consumers and the rising feasible implications of foodservice disposables on the food industry are estimated to fuel the market growth.
The Covid-19 pandemic had two-sided impact on the foodservice disposables market. The production has been on halt and supply ware affected. On the other hand, the demand for disposables had increased. The government is taking steps and strategies to neutralise the situation. This pandemic has encouraged the key players to implement advance technologies to overcome these challenges and expand the market growth.
Market Trends, Drivers, Restraints, and Opportunities
- Increasing demand for online food delivery services through websites and apps is estimated to fuel the market expansion over the forecast period.
- Rapid growth of the takeout meals along with globalization and access to internet and media around the globe are key factors driving the market expansion during the forecast period.
- Recyclable plastics are being used in plastic based disposables which help in reducing waste. Moreover, manufacturers are taking initiative on producing biodegradable foodservice disposables using the pulp and plant fiber these features are expected to propel the market growth in the near future.
- The concept of edible cutlery has also been introduced, companies are developing spoons, containers, plates and cups using an edible material, with the aim of zero wastage
- Manufacturers and suppliers are witnessing pressure by the government bodies to produce sustainable and quality products with no health complications which are anticipated to hinder the market growth.
- R&D investment and technological advancement in foodservice disposables are expected to offer lucrative opportunities for the market players.
Scope of the Report
The report on the global foodservice disposables market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes |
Details |
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Report Title |
Global Foodservice Disposables Market-Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2020 |
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Historic Data |
2018–2019 |
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Forecast Period |
2021–2028 |
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Segmentation |
Category (Plastic, Paper, Aluminum and Others) Applications (Restaurants, Hotels & Hospitality and Others) |
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Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
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Key Players Covered in the Report |
Dart Container, Anchor Packaging, Reynolds, Sabert, The Waddington Group, Genpak, Huhtamaki, Georgia-Pacific, D&W Fine Pack, Berry Plastics Group, Pactiv, WinCup, Inc and Firstpack. |
Market Segment insights
The plastic segment is projected to constitute a large market share
Based on category, the foodservice disposables market is segregated into plastic, paper, aluminum and others. The plastic segment is expected to account for a key share of the market accounting for over 40% of market share during the forecast period owing to several benefits and features such as protection of food over long time and safeguarding it against humidity, light and pressure. On the other hand, paper and paperboard segment is anticipated to expand at a rapid pace during the forecast period owing to being eco-friendly and government bodies also emphasis to use the paper made disposables product.
Restaurants segment is expected to register a substantial CAGR
Based on application, the global foodservice disposables market is divided into restaurants, hotels & hospitality and others. The restaurants segment accounts for a key share of the market over the forecast period owing to its rising consumption of outside food with respect to takeout and home delivery. Increasing trend towards online home delivery system owing to access of internet and technology; furthermore, increasing number of quick service restaurants (QSR) is anticipated to propel the market growth owing to change in preference of customer over traditional food delivery methods.
North America is expected to dominate the market
In terms of regions, the market is broadly classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America accounts for 42.4% of global revenue and is anticipated to expand at a robust CAGR during the forecast period. The regional market growth can be attributed to increasing number of restaurants and retail outlets, rising demand for fast food and technological advancement and innovations.
Segments
Segments Covered in the Report
The foodservice disposables market has been segmented on the basis of:-
Category
- Plastic
- Paper
- Aluminum
Applications
- Restaurants
- Hotels & Hospitality
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Companies
- Dart Container
- Anchor Packaging
- Reynolds
- Sabert
- The Waddington Group
- Genpak
- Huhtamaki
- Georgia-Pacific
- D&W Fine Pack
- Berry Plastics Group
- Pactiv
- WinCup, Inc
- Firstpack
Competitive Landscape
Key players competing in the foodservice disposables equipment market include Dart Container, Anchor Packaging, Reynolds, Sabert, The Waddington Group, Genpak, Huhtamaki, Georgia-Pacific, D&W Fine Pack, Berry Plastics Group, Pactiv, WinCup, Inc and Firstpack.
Some of these players are using several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase/enhance their market shares. For instance, In May 2019, Menasha Packaging Company, LLC moving its designated Walgreens account team to Northbrook, Illinois. The new Health Care/Self Care “Center of Retail Excellence”. Now both the company are able to expand their business.
Table Of Content
1. Executive Summary2. Assumptions and Acronyms Used
3. Research Methodology
4. Foodservice Disposables Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Foodservice Disposables Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Foodservice Disposables Market - Supply Chain
4.5. Global Foodservice Disposables Market Forecast
4.5.1. Foodservice Disposables Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Foodservice Disposables Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Foodservice Disposables Market Absolute $ Opportunity
5. Global Foodservice Disposables Market Analysis and Forecast by Applications
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Applications
5.2.2. Y-o-Y Growth Projections by Applications
5.3. Foodservice Disposables Market Size and Volume Forecast by Applications
5.3.1. Restaurants
5.3.2. Hotels & Hospitality
5.4. Absolute $ Opportunity Assessment by Applications
5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Foodservice Disposables Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Foodservice Disposables Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Foodservice Disposables Demand Share Forecast, 2019-2026
7. North America Foodservice Disposables Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Foodservice Disposables Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Foodservice Disposables Market Size and Volume Forecast by Applications
7.4.1. Restaurants
7.4.2. Hotels & Hospitality
7.5. Basis Point Share (BPS) Analysis by Applications
7.6. Y-o-Y Growth Projections by Applications
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Foodservice Disposables Demand Share Forecast, 2019-2026
8. Latin America Foodservice Disposables Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Foodservice Disposables Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Foodservice Disposables Market Size and Volume Forecast by Applications
8.4.1. Restaurants
8.4.2. Hotels & Hospitality
8.5. Basis Point Share (BPS) Analysis by Applications
8.6. Y-o-Y Growth Projections by Applications
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Foodservice Disposables Demand Share Forecast, 2019-2026
9. Europe Foodservice Disposables Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Foodservice Disposables Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Foodservice Disposables Market Size and Volume Forecast by Applications
9.4.1. Restaurants
9.4.2. Hotels & Hospitality
9.5. Basis Point Share (BPS) Analysis by Applications
9.6. Y-o-Y Growth Projections by Applications
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Foodservice Disposables Demand Share Forecast, 2019-2026
10. Asia Pacific Foodservice Disposables Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Foodservice Disposables Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Foodservice Disposables Market Size and Volume Forecast by Applications
10.4.1. Restaurants
10.4.2. Hotels & Hospitality
10.5. Basis Point Share (BPS) Analysis by Applications
10.6. Y-o-Y Growth Projections by Applications
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Foodservice Disposables Demand Share Forecast, 2019-2026
11. Middle East & Africa Foodservice Disposables Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Foodservice Disposables Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Foodservice Disposables Market Size and Volume Forecast by Applications
11.4.1. Restaurants
11.4.2. Hotels & Hospitality
11.5. Basis Point Share (BPS) Analysis by Applications
11.6. Y-o-Y Growth Projections by Applications
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Foodservice Disposables Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Foodservice Disposables Market: Market Share Analysis
12.2. Foodservice Disposables Distributors and Customers
12.3. Foodservice Disposables Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. Dart Container
12.4.2. Anchor Packaging
12.4.3. Reynolds
12.4.4. Sabert
12.4.5. The Waddington Group
Methodology
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