Market Insights
Foodservice disposables are generally food containers that can be recycled after utilization or disposed of as waste. Rising demand for on-the-go food items, as well as an inclination in the trend for online shopping, have created a necessity for food service disposables, which is anticipated to propel the market during the forecast period.
The global foodservice disposables market is growing at a fast pace and is anticipated to achieve significant growth over the next seven years until 2023. Rising urbanization, along with an increasing number of women in the workforce and less time to prepare food products, is fostering the growth of the food service disposables market. Apart from this, increasing preferences for ready-to-eat food are expected to strengthen the food service disposable market’s growth over the period 2016–2023.
At present, the Asia Pacific region captured the highest share in revenue from the food service disposables market and is anticipated to showcase robust growth over the forecast period. Rising hygienic concerns, along with the increasing trend of ordering food online, are anticipated to bolster the growth of the food service disposable market in the region. North America captured the second-largest share of it and is expected to grow rapidly over the forecast period.
The global foodservice disposables market is mainly concentrated in Asia Pacific. Major players are adopting different market strategies to enter and enhance their market position and distribution network.
The global foodservice disposables market is segmented on the following basis:
By Type
- Cups and Glasses
- Trays and Containers
- Plates
- Cutlery
- Bowls
- Others
By Material
- Plastic
- Aluminum
- Paper
- Others
By Sales Channel
- Supermarket/Hypermarket
- Departmental Store
- Others
By End Use
- Hospitality
- Restaurants
- Others
By Geography
- North America
- Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- South-east Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC Countries
- South Africa
- Rest of Middle East and Africa
Key players identified across the value chain in the food service disposables market include but are not limited to:
Georgia Pacific LLC, Gold Plast SpA, Dopla S.p.A., Pactiv LLC, Dart Container Corporation, Anchor Packaging, New Wincup Holdings, and others
This report offers the following:
- An overview of the global foodservice disposables market
- Market trends assessment for the period 2016-2023, with historical information for 2013 and 2014 and projections through 2023, with respective CAGRs during 2016-2023 and 2015 as the base year
- Qualitative assessment tools such as market drivers, challenges, and future prospects, and competitive analysis: market positioning of key market players
- Focus on each level of market segmentation based on product approvals, launches, and current and anticipated market dynamics.
- A general overview of the industry structure
- Company profiles highlight key information about the major players operating in the global foodservice disposables market.
- This report includes an estimation of market sizes for value. Both top-down and bottom-up approaches have been used to estimate and validate the size of the Food Service Disposables Market.