Press release
Pizza Box Market Report Helps To Predict Investment In An Emerging Market For The Forecast Period 2030
The Pizza Box Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.“The global pizza box market is expected to grow from $2.15 billion in 2020 to $2.24 billion in 2021 at a compound annual growth rate (CAGR) of 4.1%. The growth is mainly due to increasing demand for fast-food. The market is expected to reach $3.14 billion in 2025 at a CAGR of 8.8%.”
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Top Leading Companies of Pizza Box Market are - Smurfit Kappa Group, Georgia-Pacific, New Method Packaging, Pratt Industries, Inc., Magnum Packaging and others.
Industry News and Updates:
In April 2020, Pizza Pizza, a Canada-based pizza quick-service restaurant, introduced the Tamper Proof Pizza Box, which includes a safety locking mechanism that the customer must break to access the pizza inside. The box is built to keep the pizza fresh until it is delivered to the customer. The company has begun shipping with the new packaging, and by the end of the month, all 420 restaurants across the country will have boxes available in all sizes.
In April 2019, Smurfit Kappa Group, an Ireland-based corrugated packaging company acquired Vitavel for an undisclosed amount. With the acquisition, Smurfit plans to strengthen its market position in the Balkan region as it already operates businesses in Romania, Greece, and Serbia. Vitavel is a Bulgaria-based manufacturer of corrugated board and corrugated board packaging.
The Pizza Box Market is segmented by Type and Application as follows:
1) By Box Type: Whole Pizza Boxes, Pizza Slice Boxes
2) By Material Type: Corrugated Paperboard, Clay Coated Cardboard
3) By Print Type: Printed Boxes, Non-Printed Boxes
4) By Sales Channel: Online, Offline
5) By Application: Restaurant, Commissary, Supermarket, Other
The rising demand for fast foods is expected to fuel the growth of the pizza box market in the forecast period. Fast food consumption is on the rise as a result of convenience, low prices, and a variety of menu options, flavor, and taste. Pizza is a popular fast-food item, including national franchises such as Papa John, Domino’s Pizza, Sbarro, and Pizza Hut. There has been an increase in the consumption of fast food worldwide over the years, which in turn has boosted the demand for packaging products such as pizza boxes. For example, according to Fast Food Statistics 2021, fast food consumption grows at a rate of 2.2% per year. Therefore, the rising demand for fast foods drives the growth of the pizza box market.
North America and Europe are the largest regions in the pizza box market in 2020. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Investigator Observers Strong Growth in Specific Regions:
– Europe Market (Germany, UK, France, Russia, Italy)
– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)
– South America Market (Brazil, Argentina, Colombia)
– North America Market (United States, Canada, Mexico)
– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).
The Latest Industry Data Included in this Report:
- Pizza Box Market Size & Analysis (2016 - 2030)
- Market Share Analysis of Pizza Box Market (%),2016 - 2030
- Pizza Box Market Share, By Brand
- Pizza Box Market Share, By Company
- Pizza Box Market Assessment & Opportunity (Value),2016 - 2030
- Major Companies Pizza Box Market Value Analysis & Forecast
- Promising Pizza Box Development by Major Companies
- Detailed Pizza Box Portfolio of the Major Companies
- Major Deals in the Pizza Box Market
- Major Companies Analysis
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Reasons to Purchase:
-Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.
- Understand how the market is experiencing rapid growth due to the coronavirus and how it is likely to stabilize as the impact of the virus abates.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market research findings.
- Benchmark performance against key competitors.
- Utilize the relationships between key data sets for superior strategizing.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- Report will be updated with the latest data and delivered to you within 3-5 working days of order.
Customization of the Report:
- Country Level analysis for any 5 countries of your choice.
- Competitive analysis of any 5 key market players.
- 40 analyst hours to cover any other data point.
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Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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