openPR Logo
Press release

Global Foodservice Packaging Market Trend, Opportunities & Competition Tracking till 2026

04-20-2018 02:35 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

Fact.MR

Fact.MR

The global market discussion on foodservice packaging industry can be found in the latest study by Fact.MR, which has been freshly added to its massive collection of research database. The report is titled “Foodservice Packaging Market Forecast, Trend Analysis & Competition Tracking – Global Review 2017 to 2026”, which works to enlighten the readers about the major factors prompting the growth of the concerned market. Apart from that, the research majorly focuses on foodservice packaging market’s competitive outlook by profiling major players functioning across the globe. As the report moves ahead, information regarding the prominent trends as well as opportunities in the key geographical segments have also been elaborated, thus enabling companies to be able to make region-specific strategies for gaining competitive lead. Some of the prime regions emphasized in the study include key regions.

Request for Sample Report- https://www.factmr.com/connectus/sample?flag=S&rep_id=465

In terms of volume, a CAGR of 6.9% has been slated for the global food service packaging market throughout the forecast period (2017-2026), according to a new Fact.MR report. Worldwide sales of foodservice packaging are poised to account for over US$ 170,000 Mn revenues by 2026-end.

4 Key Future Projections of Foodservice Packaging Market for the Forecast Period 2017-2026 (In Terms of Volume)

1. North America will continue to hold the largest market share, with sales pegged to exceed 15,500 ‘000 tons by 2026-end. Sales of foodservice packaging products in North America are set to exhibit the highest CAGR through 2026.

2. Foodservice packaging sales in Europe and Asia-Pacific excluding Japan (APEJ) are expected to account for nearly similar shares of the market by 2026-end. However, sales in APEJ will record a relatively faster growth than those in Europe through 2026.

3. On the basis of product type, plates will remain dominant in the market, succeeded by cups. Sales of these two foodservice packaging products are collectively estimated to exceed 21,000 ‘000 tons by 2026-end.

4. The market shares of bowls and shallow trays among products are poised to remain approximately equal by 2026-end. In addition, clamshell containers are likely to prevail as fast-selling products in the market.

North America to Remain Fast-expanding market for Foodservice Packaging

Despite mature state of foodservice packaging market in North America, the industry demand continues to witness expansion, mainly driven by high demand from foodservice settings in the U.S. Hectic and busy lifestyle of people in North America has led them to opt for ready-to-go and convenient food. In addition, proliferation in home deliveries of food products by various foodservice outlets has further created demand for food service packaging in the region. North America will prevail as the fast-expanding and the most remunerative market for foodservice packaging.

Relatively lower cost and thermoforming benefits of polyethylene terephthalate (PET, PETE, PETG or polyester) has made it the most lucrative packaging material in the market. Revenues from PET will account for the largest market share during the forecast period, in terms of value. In addition, demand for high density polyethylene (HDPE) and polyvinyl chloride will also remain significant among foodservice packaging industries on the back of their properties such as high temperature-resistance and prevention of food products from moisture.

Competition Tracking

The global market for foodservice packaging is extremely fragmented in nature, owing to the presence of a larger number of large and small vendors. The occupancy of multiple market players has created challenges for players in retaining customer’s loyalty. Vendors in this heterogeneous market are competing in terms of packaging innovation, pricing strategy, and quality. High intensity of competition between players has led them to provide customized solutions and services along with attractive loyalty-based offers for retaining high-value customers. Key foodservice packaging companies supporting the market expansion include Huhtamaki Oyj, Genpak, LLC, Linpac Packaging, Pactiv LLC, D&W Fine Pack, Sealed Air Corporation, Stanpac Inc., Smurfit Kappa Group, WestRock Company, and DS Smith.

Browse Full Report with TOC- https://www.factmr.com/report/465/foodservice-packaging-market

Table of Content:

1. Global Economic Outlook

2. Global Foodservice Packaging Market – Executive Summary

3. Global Foodservice Packaging Market Overview
3.1. Introduction
3.1.1. Global Foodservice Packaging Market Taxonomy
3.1.2. Global Foodservice Packaging Market Definition
3.2. Global Foodservice Packaging Market Size (US$ Mn), Volume (‘000 Tonnes) and Forecast, 2012-2026
3.2.1. Global Foodservice Packaging Market Y-o-Y Growth
3.3. Global Plastic Containers Market Dynamics
3.4. Retail Industry- Top 250 Players Quick Statistics
3.5 Top 10 Retailers (2017)
3.6. Geographic Analysis- Retail Industry Analysis
3.7 Retail revenue growth and profitability by region/country, FY2017
3.8. Product Sector Analysis
3.9 Retail revenue growth and profitability by region/country, FY2017
3.10. Retail revenue growth and profitability by primary product sector, FY2017
3.11. Top 10 Upcoming Retail Outlets
3.12. Global Retail Development Index 2017
3.13. Supply Chain of Plastic Containers Market
3.14. Cost Structure of Plastic Containers Market
3.15. Porter’s Five Forces analysis
3.16. Product Life Cycle of Plastic Containers Market
3.17. Key Participants Market Presence (Intensity Map) By Region

4. Global Foodservice Packaging Market Supply Demand Analysis
4.1. Number of Manufacturers by Region
4.2. Production Volume by Key Players
4.3. Importer Concentration by Region

Continued….

Check Discount on This Report- https://www.factmr.com/connectus/sample?flag=D&rep_id=465

About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Industrial Goods market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

Contact Us

Fact.MR
Suite 9884
27 Upper Pembroke Street,
Dublin 2, Ireland
Telephone: +353-1-6111-593
Email: sales@factmr.com/
Web: https://www.factmr.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Foodservice Packaging Market Trend, Opportunities & Competition Tracking till 2026 here

News-ID: 1025157 • Views:

More Releases from Fact.MR

Ice Skating Equipment Market worth is poised to reach US$ 1478 Billion in 2033
03-28-2024 | Sports
Fact.MR
Ice Skating Equipment Market worth is poised to reach US$ 1478 Billion in 2033
The global ice skating equipment market garnered a market value of US$ 6.87 Billion in 2022 and is expected to accumulate a market value of US$ 16.26 Billion by registering a CAGR of 9% in the forecast period 2023-2033. Ice skating is a popular activity observed in numerous snow-clad regions around the world, serving various purposes including exercise, leisure, and excitement. This recreational pursuit can occur in specially prepared ice arenas
Global Barcode Software Market is predicted to be valued at US$ 1.4 Billion by 2032
Global Barcode Software Market is predicted to be valued at US$ 1.4 Billion by 2 …
The barcode software market is predicted to grow at a moderate CAGR of 6.3% over the forecast period of 2022 to 2032. The barcode software market is estimated to achieve a net worth of about US$ 1.4 Billion in the year 2032, improving from US$ 694.9 Million recorded in 2021. For more insights into the Market, Get A Sample of this Report! https://www.factmr.com/connectus/sample?flag=S&rep_id=7368 The barcode software market emerges as a crucial enabler of
Hardware Acceleration is forecasted to accelerate at a commendable CAGR of 51% from 2023 to 2033
Hardware Acceleration is forecasted to accelerate at a commendable CAGR of 51% f …
The global hardware acceleration market stands at US$ 2.87 billion in 2023. Worldwide demand for hardware acceleration technology is projected to skyrocket at a CAGR of 51% and reach a market value of US$ 177 billion by 2033. Hardware acceleration refers to the use of specialized hardware components to perform specific tasks more efficiently than general-purpose processors. This technology has gained significant traction across various industries due to its ability to
03-28-2024 | Food & Beverage
Fact.MR
Marine Collagen Ingredients Market value is projected to reach US$ 2,320.6 milli …
According to Fact.MR analysis, the marine collagen ingredients market is poised for steady growth in the coming years. The market's overall value is anticipated to exceed US$ 2,320.6 million by the year 2033, a significant increase from US$ 1,076.8 million recorded in 2023. Projections indicate a robust compound annual growth rate (CAGR) of 8.0% during the assessment period spanning from 2023 to 2033. Get Free Sample Copy of This Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=8704 In recent

All 5 Releases


More Releases for Pack

R+ Core Essence Hair pack | ROOTONIX
ROOTONIX respects, protects, and preserves the value of youth. ROOTONIX was born to maintain your beautiful youth through scalp care and hair loss prevention. It is Korea's representative homecare brand that provides daily change and freshness to consumers based on innovative design and technology. ROOTONIX's technology for hair and scalp care is recognized as an innovative brand in the global hair care market and is attracting attention not only in Korea, but
Smart Intelligent ENG Battery Pack | NEOSEMITECH
NEO SEMITECH NEO Q ENG Battery Pack is a newly developed smart intelligent ENG Battery Pack product by NEO SEMITECH CO., LTD. in South Korea. The biggest differentiated excellence of NEO Q ENG Battery Pack is the battery level indicator that guarantees the utmost user convenience. The product is designed with enhanced grip considering user convenience, and the switch is also placed visibly on the front side for the sake
Cynch Announces New Pack Labeling Functionality
Permanently Eliminate Lost or Misplaced Service and Repair Work Orders Items Dec. 12, 2019, Denver, CO - A Service Center Operations Manager at one of Cynch’s larger retail groups acknowledged that they used to continuously have issues with lost and misplaced items that customers had given them with their service orders. Additionally, customers would mistakenly say that they had given them items when, in fact, they had not. Now with
Global Parallel Battery Pack Market | MarketResearchReports.biz
Latest industry research report on: Global Parallel Battery Pack Market : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts This report mainly introduces volume and value market share by players, by regions, by product type, by consumers and also their price change details. As a Detailed Analysis report, it covers all details inside analysis and opinion in Parallel Battery Pack industry. Complete Report Details @ https://www.marketresearchreports.biz/reports/1324594/global-parallel-battery-pack-detailed-analysis-report-2017-2022-market-research-reports This report splits
Global On-Pack Recycling Labelling Solutions Market Size, Status and Forecast 20 …
Qyresearchreports include new market research report "Global On-Pack Recycling Labelling Solutions Market Size, Status and Forecast 2022" to its huge collection of research reports. The global market for On-Pack Recycling Labelling Solutions has been observing a continual changes in the pattern of the demand for On-Pack Recycling Labelling Solutions. This research study attempts to understand the frequent changes in the consumer behavior and their impact on the On-Pack Recycling Labelling Solutions
Harbinger Releases Raptivity Standard Pack 4
Harbinger Knowledge Products announced the addition of the new Standard Pack 4 to its award-winning Raptivity product line. The new pack includes a variety of visually-appealing, meaningful and expressive interactions to help organize and present complex information in a simplified yet engaging manner. Continuing with Raptivity’s commitment to bring more HTML5 interactions to its customers, all the Standard Pack 4 interactions support both HTML5 as well as Flash publishing options.