Press release
Growth in Online Food Industry Fuels Expansion of Foodservice Disposables Market: An Emerging Driver Transforming The Foodservice Disposables Market Landscape
Foodservice Disposables
What Is the Projected Growth of the Foodservice Disposables Market?
The foodservice disposables market has shown strong growth in recent years. It will grow from $62.58 billion in 2024 to $66.78 billion in 2025, at a CAGR of 6.7%. The growth is driven by the emphasis on the circular economy, the development of recyclable and compostable products, the proliferation of supermarkets and retail chains selling ready-to-eat meals, the growing number of public events and festivals, and the rise of coffee shops and takeaway coffee culture.
The foodservice disposables market is projected to experience strong growth, reaching $85.37 billion by 2029, with a CAGR of 6.3%. Growth drivers include the popularity of mobile restaurants and food trucks, urbanization, busy lifestyles, environmental regulations, and a demand for convenience and portability in food packaging. Major trends include digital technology integration in packaging, e-commerce platform growth, automation in production, edible packaging innovations, and smart packaging solutions.
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What Are the Different Foodservice Disposables Market Segments?
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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What Are the Primary Drivers Shaping the Foodservice Disposables Market?
The growth of the online food industry is expected to accelerate the foodservice disposables market. The online food industry refers to the sector of e-commerce dedicated to food ordering and delivery via online platforms or apps. The industry's expansion is driven by consumer demand for convenience, improvements in delivery logistics, and the widespread adoption of mobile apps for food ordering. Foodservice disposables play a crucial role by offering practical, hygienic, and cost-effective packaging solutions that preserve food quality, enhance branding, and support sustainability efforts. For example, the Australian Bureau of Statistics reported that online food retail sales grew from 5.8% in December 2022 to 6.4% in December 2023. Hence, the growth in the online food industry is fostering the growth of the foodservice disposables market.
Which Companies Are Leading in 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 Foodservice Disposables Market Trends Are Gaining Traction Across Different Segments?
Key businesses in the field of foodservice disposables are concentrating on constructing paper-based packaging measures to address environmental concerns and meet increasing consumer demand for eco-friendly offerings. This refers to packaging components and items manufactured primarily from paper or cardboard materials. For instance, Amcor, a Swiss packaging and container production firm, unveiled a new paper-based packaging product known as AmFiber in January 2022. The AmFiber initiative presents avant-garde paper-based packaging options to boost both performance and sustenance in a variety of consumer applications, initiating with a recyclable, high-barrier packaging specifically for snacks and confectionery in the European region.
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What Are the Top Revenue-Generating Geographies in 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.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Foodservice Disposables Market?
2. What is the CAGR expected in the Foodservice Disposables Market?
3. What Are the Key Innovations Transforming the Foodservice Disposables Industry?
4. Which Region Is Leading the Foodservice Disposables Market?
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