Market Size of Foodservice Disposable Packaging Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 5.10 % |
Fastest Growing Market | Asia-Pacific |
Largest Market | North America |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Foodservice Disposable Packaging Market Analysis
The Foodservice Disposable Packaging Market is expected to register a CAGR of 5.1% during the forecast period. Convenience foods have been experiencing high demand in recent years owing to increased urbanization amid fast-paced lifestyles. Hectic work schedules, generic time constraints, and problems faced during urban commutes have encouraged customers to choose convenience foods. Their easy availability and pocket-friendliness have increased their usage in foodservice businesses.
- The foodservice industry is expanding dramatically. The demand for foodservice disposables, including cups, plates, containers, etc., is increasing, owing to the emergence of online channels and apps for meal delivery services. The growing demand for food service disposables is fueled by ordering food online and delivering it to consumers' homes or other locations.
- The growing penetration of these businesses in online distribution channels has given rise to advanced packaging, such as multilayer solutions to simplify the delivery of convenience food, facilitating the growth of the foodservice disposable packaging market.
- Additionally, the growing focus of countries aiming for sustainable, reusable, and recyclable solutions has prompted the market vendors to develop a cyclic foodservice packaging ecosystem. This has led the manufacturers to create organic, eco-friendly, and recyclable products, which can impact the development of the market. Companies are continuously developing innovative environmental, reusable, and biodegradable technologies. However, the packaging industry's transition towards a sustainable and circular supply chain was temporarily delayed by worries about the hygiene and safety of reused packaging. Challenges related to government regulations and rising labor costs are creating pressure on industry players to meet the deadlines set by respective economies.
- The COVID-19 pandemic had a slightly positive impact on the foodservice disposable packaging market. During the pandemic, awareness among the people increased for hygiene and safety, and it complimented the demand for disposable foodservice packaging solutions.
- The ongoing dispute between Russia and Ukraine has caused companies operating in the area with strong financial ties to the region to consider its long-term effect on business. Ball Corp, Coca-Cola, Nestlé, Carlsberg, ABInbev, and ArcelorMittal are the other companies closing Russian operations. Paper and packaging specialist Mondi, the parent company of Mondi Syktyvkar, has suspended operations in its paper bag plant in Lviv, Ukraine; operations at this facility have been temporarily suspended in response to the crisis.
Foodservice Disposable Packaging Industry Segmentation
Disposable food packaging refers to packaging products such as containers, bowls, plates, trays, cartons, cups, forks, knives, spoons, straws, lids, bags, sacks, wrapping, and other items that are designed for one-time use. The use of such products in the foodservice sector is termed as food service disposable packaging.
For the scope of the study, the Foodservice Disposable Packaging Market is segmented by packaging format (paper-based, plastic, aluminum foil, tissues), end user (restaurants, retail establishments, institutional, and other end-user applications), and geography (North America, Europe, Asia-Pacific, Middle East and Africa, and Latin America).
The scope of the study for tissue is limited to paper-based, while the restaurants cover quick and full-service-based restaurants. The study tracks the foodservice disposable market through value accrued from the sales of disposable packaging solutions offered by vendors across the globe. The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.
By Packaging Format | ||||||
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Aluminum Foil | ||||||
Tissues (Paper-based) |
End User | |
Restaurants (Quick and Full-service-based) | |
Retail Establishments | |
Institutional | |
Other End-user Applications |
Geography | |
North America | |
Europe | |
Asia-Pacific | |
Middle East and Africa | |
Latin America |
Foodservice Disposable Packaging Market Size Summary
The foodservice disposable packaging market is experiencing significant growth, driven by the increasing demand for convenience foods and the expansion of online meal delivery services. Urbanization and fast-paced lifestyles have led consumers to prefer easy-to-access food options, which has boosted the use of disposable packaging in the foodservice industry. The rise of online distribution channels and apps has further fueled this demand, as consumers increasingly order food for delivery to their homes or other locations. This trend has prompted advancements in packaging solutions, such as multilayer options, to enhance the delivery of convenience foods. Additionally, there is a growing emphasis on sustainability, with market players developing eco-friendly and recyclable packaging solutions to create a circular foodservice packaging ecosystem. However, challenges such as hygiene concerns, government regulations, and rising labor costs continue to impact the industry.
The market is characterized by a fragmented landscape with numerous players adopting strategies like product innovation and mergers and acquisitions to maintain competitiveness. The COVID-19 pandemic has had a mixed impact, initially causing a decline in quick-service restaurant sales, but eventually leading to a resurgence as consumers prioritized hygiene and safety. The Asia-Pacific region is expected to see substantial growth due to rising disposable incomes and the popularity of fast-food culture. The increasing use of online food delivery platforms and the expansion of cloud kitchens and mobile food businesses are reshaping the market dynamics. Prominent companies in the sector, such as Huhtamäki Oyj, Falcon Pack, and Berry Global Inc., are investing in capacity expansions and technological advancements to meet the evolving demands of the market.
Foodservice Disposable Packaging Market Size - Table of Contents
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1. MARKET INSIGHTS
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1.1 Market Overview
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1.2 Industrial Value/Supply Chain Analysis
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1.3 Industry Attractiveness - Porter's Five Forces Analysis
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1.3.1 Bargaining Power of Suppliers
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1.3.2 Bargaining Power of Consumers/Buyers
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1.3.3 Threat of New Entrants
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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1.4 Assessment of the Impact of COVID-19 on the Market
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1.5 Overview of Global Foodservice Disposable Packaging Market
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2. MARKET SEGMENTATION
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2.1 By Packaging Format
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2.1.1 Paper-based
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2.1.1.1 Cups and Lids
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2.1.1.2 Boxes and Cartons
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2.1.2 Plastic
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2.1.2.1 Bottles
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2.1.2.2 Bags and Wraps
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2.1.2.3 Trays and Plates
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2.1.2.4 Cutlery, Stirrers, and Straws
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2.1.3 Aluminum Foil
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2.1.4 Tissues (Paper-based)
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2.2 End User
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2.2.1 Restaurants (Quick and Full-service-based)
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2.2.2 Retail Establishments
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2.2.3 Institutional
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2.2.4 Other End-user Applications
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2.3 Geography
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2.3.1 North America
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2.3.2 Europe
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2.3.3 Asia-Pacific
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2.3.4 Middle East and Africa
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2.3.5 Latin America
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Foodservice Disposable Packaging Market Size FAQs
What is the current Foodservice Disposable Packaging Market size?
The Foodservice Disposable Packaging Market is projected to register a CAGR of 5.10% during the forecast period (2024-2029)
Who are the key players in Foodservice Disposable Packaging Market?
Falcon Pack, Pactiv Evergreen Inc., Huhtamäki Oyj, Jebel Pack and Berry Global Inc. are the major companies operating in the Foodservice Disposable Packaging Market.