Press release
Pizza Box Market is Expected to Reach Due to Increase in Changing Food Habits and Customer’s Preference Towards Take Away Items
Pizza Box Market– OverviewPizza boxes are specially designed packaging solution intended to primarily meet the product safety criteria. These boxes are made from materials such as plastic and paperboards which can withstand high ovenable temperatures up to 220 °C. The use of these materials also provides insulation to the product thereby helping the product to retain maximum amount of heat by the time it is delivered. Due to this characteristic features, the pizza box has gained traction in the food industry in the past few years and the trend is anticipated to continue throughout the forecast period.
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Pizza Box Market– Dynamics
Several brands with Pizza as one of their product offerings have shown a continuous growth over past few years especially in the emerging geographies like Asia Pacific. The growth of these brands in the region is expected to boom the pizza box market between 2017 and 2027. The increase in changing food habits and customer’s preference towards take away items are also expected to reflect into burgeoning growth in the pizza box market globally throughout the forecast period. Besides consumer behavior, increasing disposable income and features like high temperature tolerance, insulations and cost effectiveness offered by the pizza box is also expected to drive the pizza box market across the globe throughout the forecast period.
Pizza Box Market– Segmentation
On the basis of material type, the Pizza Box Market is segmented as following:
Plastic
CPET
PET
PP
Others
Paper
Kraft paper
Paper board
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On the basis of size, the Pizza Box Market is segmented as following:
7 inch pizza box
8 inch pizza box
9 inch pizza box
10 inch pizza box
12 inch pizza box
14 inch pizza box
16 inch pizza box
20 inch pizza box
27 inch pizza box
Customized
On the basis of Product type, the Pizza Box Market is segmented as following:
Printed
Non Printed
Pizza Box Market– Region Wise Outlook
On the basis of geographical regions, the global Pizza Box Market is divided into following regions: North America, Latin America, Europe, Asia Pacific and Middle East & Africa.
North America is expected to have a higher consumption of pizza and therefore the region is anticipated to witness a burgeoning growth in the pizza box market throughout the forecast period. Latin America due to its saturated economy is expected to show a relatively slower growth in terms of value and volume in the pizza box market over the forecast period. However, Asia Pacific due to increasing penetration of renowned brands of pizza in the region is anticipated to witness a hike in the demand for pizza boxes between 2017 and 2027. Over the past few decades, emerging economies like India have shown a great market potential for food and related industry. Moreover, increasing disposable income and changing food habits among the people coupled with increasing take away food restaurants in the region are anticipated to positively impact the pizza box market reflecting into meteoric growth in terms of demand for the pizza box over the forecast period. Europe and Middle East and Africa have experienced a stagnant economy for past few decades and the trend is expected to continue throughout the forecast period leading to a sluggish growth in terms of value and volume in the pizza box market between 2017 and 2027.
Pizza Box Market– Key Players
The key players in global pizza box Market includes Smurfit Kappa Group, WestRock Company, DS Smith, New Method Packaging, Magnum Packaging, Georg Utz Holding AG, Zibo runping plastic&rubber co.,ltd, Wah Shing Packing Products Co.,Ltd, Axis Pac
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