Food service packaging is used to package processed and semi-processed food products. It caters to service sectors such as restaurants, fast-food joints, takeaway restaurants, and catering services. It helps in maintaining the hygiene, quality, and safety of food products. It provides heat resistance, prevents the growth of microorganisms, and helps extend the shelf-life of the food product.
Scope of the Report:Currently, there are many players in Foodservice Packaging industry. Amcor, Georgia-Pacific, Berry Global, Graphic Packaging, Huhtamaki, Coveris, Dart Container, Pactiv, Linpac Packaging, WestRock, Novolex, Fabri-Kal and some others are playing important roles in Foodservice Packaging industry. The market is not so concentrated for now and is seeing to be more dispersed.
In the past few years, the price of Foodservice Packaging shown a slightly increasing trend and we expect the price may keep the trend in a short period. However, as the improvement of energy, transportation costs, employee wages, and equipment depreciation will play a significant role in promoting the cost of Foodservice Packaging. Therefore, to some extent, the companies are facing a risk of profit decline. In order to keep profit, the price may keep the trend in a short period.
The global Foodservice Packaging market is valued at 102000 million USD in 2020 and is expected to reach 124790 million USD by the end of 2026, growing at a CAGR of 4.1% between 2020 and 2026.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Foodservice Packaging.
Europe also play important roles in global market, with market size of xx million USD in 2020 and will be xx million USD in 2026, with a CAGR of xx%.
This report studies the Foodservice Packaging market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Foodservice Packaging market by product type and applications/end industries.
Market Segment by Companies, this report covers Graphic Packaging
Genpak
Sabert
Dart Container
Georgia-Pacific
Anchor Packaging
Pactiv
D&W Fine Pack
Berry Global
Dopla
WestRock
Huhtamaki
WinCup
Linpac Packaging
Coveris
Novolex
Be Green Packaging
GRACZ
Southern Champion Tray
Amcor
Vegware
Union Packaging
Fabri-Kal
King Yuan Fu Packaging
Hengxin Enviro
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Flexible Packaging
Rigid Packaging
Paper & Paperboard
Others
Market Segment by Applications, can be divided into Take Away/Delivery
Restaurants
Institutional Catering
HMR (Hotel Motel Restaurant)
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
