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Food Service Packaging Market by Material (Plastic, Metal) by Packaging Type (Paper & Paperboard, Flexible, Rigid) – Business Overview, Analysis and Industry Forecast 2017-2023
Food Service Packaging Market
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Amcor Limited (Australia), Bemis Company, Inc. (U.S), The DOW Chemical Company (U.S) are the key players in this market.
Drivers:
• Cost-Effectiveness of Food Service Packaging
Restraints:
• Stringent rules and regulations
Opportunities:
• Growing Demand for Sustainable Packaging Solutions
Challenges:
• Rising Instances of Food Wastage
The Global Food Service Packaging Market is divided as By Material, Packaging Type, Application and Region.
On the basis of Material, the market is divided asPlastic, Metal and others in which the plastic segment accounted for the highest market share and is expected to grow at moderate CAGR of XX% in the coming years. This growth is attributed to the recyclability, cost-effectiveness, easy handling, and light-weight of plastic.
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By Packaging type, it is divided into paper and paperboard, flexible, rigid and others.
By Application, the market is divided into Beverages, Fruits & Vegetable, Bakery & Confectionery Dairy Products and others in which the alcoholic beverages segment accounted for the largest market share. The growth in demand for energy drinks, soft-drinks, and juices has propelled the market for foodservice packaging.
Key Benefits for Stakeholders
• Foodservice packaging manufacturers
• OEMs
• Manufacturing organizations
• Automotive manufacturers
• Construction organizations
By Material
• Plastic
• Metal
• Others
By Packaging Type
• Paper & Paperboard
• Flexible
• Rigid
• Others
By Application
• Beverages
• Fruits & Vegetables
• Bakery & Confectionery
• Dairy Products
• Others
By Region
• North America
• Europe
• Asia-Pacific
• RoW
• SGS
Key Market Players
• Amcor Limited
• Bemis Company, Inc.
• The DOW Chemical Company
• Westrock Company
• Ball Corporation
• Huhtamaki OYJ
• Sealed Air Corporation
• Berry Plastic Corporation
• Reynolds Group Holding
• International Paper Company
(A brief overview of 10 companies is also provided)
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About Us:
Genesis Market Insights (GMI), is a subsidiary of Genesis Management & Market Research Pvt.Ltd. (GMMR) having a strong experience both in primary and secondary market research serving small to large scale enterprises across globe. Established in 1993, GMMR has become a recommended brand for Market Research for various international and MNC Corporations with its strong data foundation. With its exhaustive research capabilities, strong analytics services and in house data validation tools, GMMR has delivered actionable, reliable and all-inclusive Market Research Reports. GMMR is growing strongly for last 2 decades with most of the clients providing repeat business for their trust on the data quality and recommendations for decision making.
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