Press release
Transforming the Foodservice Disposables Market in 2025: Growth in Online Food Industry Fuels Expansion of Foodservice Disposables Market
What Is the Expected Size and Growth Rate of the Foodservice Disposables Market?The market for foodservice disposables has seen significant expansion in the recent past. The market value is expected to surge from $62.58 billion in 2024 to $66.78 billion in 2025, with a compound annual growth rate (CAGR) of 6.7%. The previous growth can be accredited to the rising focus on a circular economy, the creation of recyclable or compostable items, the increase in supermarkets and retail chains that sell prepared meals, the rise in the number of public events and festivals, and the expanded presence of coffee shops and the takeaway coffee trend.
The market for foodservice disposables is projected to experience substantial growth over the coming years, expanding to a value of $85.37 billion in 2029, with a compound annual growth rate (CAGR) of 6.3%. This growth trend during the forecast period is linked to the rising trend of food trucks and mobile restaurants, escalating urbanization and hectic life routines, more stringent environmental regulations, eco-friendly certified products, and the necessity for convenient and mobile food packaging. Key trends for the forecast period involve incorporating digital technologies into packaging, the growth of e-commerce platforms, the need for automation in the manufacture of disposable products, the development of edible packaging materials, and the execution of smart packaging solutions.
What Is Driving the Growth Trajectory of the Foodservice Disposables Market?
Forward momentum in the online food sector is anticipated to boost the expansion of the foodservice disposables market. The online food sector, part of the e-commerce landscape, encompasses the ordering and delivery of food via online channels or mobile applications. This sector's growth is being fueled by consumer demand for convenience, enhancements in delivery logistics, and the widespread use of mobile applications for food orders. Foodservice disposables aid the online food industry by providing practical, hygienic, and affordable packaging solutions that preserve food quality, bolster branding initiatives, and address sustainability issues. As an example, the Australian Bureau of Statistics, a government entity based in Australia, reported that online food retail sales rose from 5.8% in December 2022 to 6.4% in December 2023. Therefore, expansion in the online food sector will stimulate the foodservice disposables market.
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Which Leading Companies Are Shaping the Growth of the Foodservice Disposables Market?
Major companies operating in the foodservice disposables market are WestRock Company, International Paper, Berry Global Inc., Graphic Packaging International LLC, Sonoco Products Company, Pactiv Evergreen Inc., Huhtamaki, Dart Container Corporation, Novolex, Printpack, Genpak, Sabert Corporation, Duni Group, D&W Fine Pack, Fabri-Kal, Anchor Packaging LLC, Hoffmaster Group Inc., Airlite Plastics, WinCup, Inline Plastics, Gold Plast SpA, Vegware, PrimeWare, Eco-Products
What Are the Major Trends Shaping the Foodservice Disposables Market?
Leading firms in the foodservice disposables market are focusing on the creation of paper-based packaging solutions as a means of addressing environmental concerns and meeting the increased consumer demand for eco-friendly products. The term paper-based packaging solutions is used to describe packaging materials and products that are primarily composed of paper or paperboard. For example, Amcor, a Swiss packaging and container production company, in January 2022, unveiled AmFiber, a product with paper-based packaging. Through the AmFiber platform, the company is bringing forth innovative paper-based packaging solutions to increase efficiency and sustainability in diverse consumer applications, commencing with a recyclable, high-barrier packaging for snacks and sweets in Europe.
What Are the Key Segments of the Foodservice Disposables Market?
The foodservice disposables market covered in this report is segmented -
1) By Packaging Type: Rigid, Flexible
2) By Material: Plastic, Paper And Paperboard, Bagasse, Polylactic Acid, Other Materials
3) By Application: Food Service, Online Delivery, Institutional
4) By End User: Restaurant, Hotels And Motels, Tea, Coffee And Snack Shops, Retail And Vending Machines, Sports And Recreation, Buffets And Cafeterias, Food Delivery Outlets, Other End-Users
Subsegments:
1) By Rigid: Trays, Containers, Plates, Cups, Bowls
2) By Flexible: Pouches, Wraps, Bags, Liners, Films
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Which Region Dominates the Foodservice Disposables Market?
Asia-Pacific was the largest region in the foodservice disposables market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the foodservice disposables market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Foodservice Disposables Global Market Report?
- Market Size Analysis: Analyze the Foodservice Disposables Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Foodservice Disposables Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Foodservice Disposables Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Foodservice Disposables Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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