Foodservice Disposables Market

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

  • Report ID: CG-613
  • Author: Growth Market Reports
  • Rating: 4.8
  • Total Reviews: 2
  • No. Of Pages: 194
  • Format:
  • Pub. Date: Upcoming
  • Share:

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 Market Key Takeaways


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.

Attributes

Details

Report Title

Global Foodservice Disposables Market-Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Category (Plastic, Paper, Aluminum and Others) Applications (Restaurants, Hotels & Hospitality and Others)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

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.
 

Foodservice Disposables Market By Category


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.
 

1. Executive Summary
2. 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

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

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.
 

Foodservice Disposables Market By key Players

Buy Report