Press release
Foodservice Disposables Market | Dart Container Corporation, Georgia-Pacific LLC, Anchor Packaging Inc.
Foodservice Disposables Market
The global foodservice disposables market is projected to surpass US$ 36.0 billion by the end of 2027, in terms of revenue, growing at CAGR of 5.2% during the forecast period (2019 to 2027).
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Detailed Segmentation:
Global Foodservice disposables Market, By Raw Material:
Paper & Paperboard
Plastics
Aluminium
Global Foodservice disposables Market, By Product Type:
Plates
Cups & Glasses
Trays & Containers
Cutlery
Bowls & Tubs
Mugs & Saucers
Other Products (Napkins & Foil Wraps)
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Market Trends
The growing focus of major players to enhance their distribution channel by forming a partnership is expected to foster the market growth of foodservice disposable. For instance, in November 2018, Nov 28, 2018-Sole Source Capital today announced that it has partnered with Individual Foodservice (“IFS”) and will combine the business with Trade Supplies, LLC to create one of the largest non-perishable foodservice distributor and packaging solution providers in California.
An increasing number of acquisitions and mergers among key players is anticipated to accelerate the market growth of foodservice disposable. For instance, in June 2019, Audax Private Equity has completed the sale of Imperial Dade Intermediate Holdings, LLC to Bain Capital Private Equity, LP. Imperial Dade’s management and Audax will continue to be significant investors in the Company. Imperial Dade is a leading provider of foodservice disposables and janitorial supplies & equipment.
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