Press release
Pizza Box Market Size, Share Analysis And Overview 2024-2033
The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033The Business Research Company offers in-depth market insights through Pizza Box Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The pizza box market size has grown strongly in recent years. It will grow from $2.76 billion in 2023 to $2.99 billion in 2024 at a compound annual growth rate (CAGR) of 8.3%. The growth in the historic period can be attributed to rise of pizza delivery culture, development of corrugated cardboard boxes, customization and branding, sustainability initiatives, standardization of sizes.
The pizza box market size is expected to see strong growth in the next few years. It will grow to $4.01 billion in 2028 at a compound annual growth rate (CAGR) of 7.6%. The growth in the forecast period can be attributed to global expansion of pizza market, market competition and differentiation, compliance with health and safety standards, consumer preferences for eco-friendly packaging, convenience-oriented packaging. Major trends in the forecast period include design innovations for functionality, personalization and branding, convenience-oriented packaging, innovative materials and technologies, market response to consumer behavior.
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Market Segmentation:
The pizza box market covered in this report is segmented -
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 Applications
Major Driver - Surging Fast Food Demand Fuels Expansion In The Pizza Box Market
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 because of convenience, low prices, a variety of menu options, flavor, and taste. Pizza is a popular fast-food item, including at national franchises such as Papa John's, 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.
Competitive Landscape:
Major companies operating in the pizza box market report are WestRock Company, International Paper Company, Georgia-Pacific LLC., Smurfit Kappa Group, DS Smith plc, Mondi plc, Graphic Packaging International LLC, Packaging Corporation of America, Sonoco Products Company, Rengo Co Ltd., Sealed Air Corporation, Huhtamaki Oyj, Cascades Inc., BillerudKorsnäs AB, Orora Limited, Pratt Industries Inc., Metsa Board Corporation, Papierfabrik August Koehler SE, Elopak AS, Coveris Holdings S.A, UFP Technologies Inc., RSG Packaging Pvt Ltd., Anchor Packaging Inc., Seda International Packaging Group, Magnum Packaging NE Ltd., Tekni-Plex Inc., New Method Packaging LLC, Golden Box Ltd., Sirane Ltd.
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https://www.thebusinessresearchcompany.com/report/pizza-box-global-market-report
Top Trend - Reusable Pizza Boxes Transform The Pizza Packaging Landscape
Major companies operating in the pizza box market are increasing their focus on introducing reusable pizza boxes to gain a competitive edge in the market. Reusable pizza boxes are environmentally friendly and sustainable packaging solutions designed for multiple uses. For instance, in March 2023, Dodo Pizza, a Russia-based pizza delivery franchise, launched reusable pizza boxes. The boxes are made from sustainable plastic that does not absorb any ingredients and can be re-used up to 500 times. The initiative aims to tackle delivery waste and minimize the company's environmental impact, providing a more sustainable packaging option for customers.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Pizza Box Market Characteristics
3. Pizza Box Market Trends And Strategies
4. Pizza Box Market - Macro Economic Scenario
5. Pizza Box Market Size And Growth
…..
27. Pizza Box Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.
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