Press release
Foodservice Packaging Market to Witness Robust Expansion by 2025
LP INFORMATION recently released a research report on the Foodservice Packaging market analysis, which studies the Foodservice Packaging's industry coverage, current market competitive status, and market outlook and forecast by 2025.Global “Foodservice Packaging Market 2020-2025” Research Report categorizes the global Foodservice Packaging market by key players, product type, applications and regions,etc. The report also covers the latest industry data, key players analysis, market share, growth rate, opportunities and trends, investment strategy for your reference in analyzing the global Foodservice Packaging market.
Get More Information on this Report:
https://www.lpinformationdata.com/reports/240501/global-foodservice-packaging-market-status-outlook
Food service packaging is used to package processed and semi-processed food products. It caters to service sectors such as restaurants, fast-food joints, takeaway restaurants, and catering services. It helps in maintaining the hygiene, quality, and safety of food products. It provides heat resistance, prevents the growth of microorganisms, and helps extend the shelf-life of the food product.
The global Foodservice Packaging revenue was about 99.13 billion USD in 2018, which is expected to reach 133 billion USD in 2025. Overall, the Foodservice Packaging products performance is positive with the current environment status.
According to this study, over the next five years the Foodservice Packaging market will register a 4.5% CAGR in terms of revenue, the global market size will reach $ 126130 million by 2025, from $ 105930 million in 2019. In particular, this report presents the global revenue market share of key companies in Foodservice Packaging business, shared in Chapter 3.
In Consumption market, revenue of Foodservice Packaging in United States will increase to be 28.2 billion USD in 2025 from 19.11 billion USD in 2018, took about 19.27% market share in 2018, which is the biggest consumption country in current market pattern. China ranks the second largest consumption area, with sales revenue and market share of 11.28 billion USD and 11.38% in 2018.
Many companies are operating in the market and conduct their businesses through joint ventures, which benefit the overall market. The Key Players Analysis for the industry is presented in chapter 12 of this report.
Top Manufactures in Global Foodservice Packaging Market Includes:
Graphic Packaging
Dopla
Genpak
Dart Container
Georgia-Pacific
Sabert
D&W Fine Pack
Anchor Packaging
Berry Global
Pactiv
Novolex
GRACZ
Be Green Packaging
WestRock
Linpac Packaging
WinCup
Amcor
Coveris
Huhtamaki
Southern Champion Tray
Hengxin Enviro
Union Packaging
Fabri-Kal
Vegware
King Yuan Fu Packaging
Market Segment by Type, covers:
Flexible Packaging
Rigid Packaging
Paper & Paperboard
Others
Market Segment by Applications, can be divided into:
Take Away/Delivery
Restaurants
Institutional Catering
HMR (Hotel Motel Restaurant)
Browse the Full Research Report at:
https://www.lpinformationdata.com/reports/240501/global-foodservice-packaging-market-status-outlook
Related Information:
North America Foodservice Packaging Market Growth 2020-2025
United States Foodservice Packaging Market Growth 2020-2025
Asia-Pacific Foodservice Packaging Market Growth 2020-2025
Europe Foodservice Packaging Market Growth 2020-2025
EMEA Foodservice Packaging Market Growth 2020-2025
Global Foodservice Packaging Market Growth 2020-2025
China Foodservice Packaging Market Growth 2020-2025
Customization Service of the Report :
LP INFORMATION provides customization of reports as per your need. This report can be personalized to meet your requirements. Get in touch with our sales team, who will guarantee you to get a report that suits your necessities.
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