Food Service Packaging Market: An Array of Graphics and Analysis of Major Industry Segments

Key Segments Covered

• Product type

  • Food Service Packaging for Plates
  • Food Service Packaging for Shallow Trays
  • Food Service Packaging for Cups
  • Food Service Packaging for Bowls
  • Food Service Packaging for Bottles
  • Food Service Packaging for Cans
  • Food Service Packaging for Single Serve Portion Packs
  • Food Service Packaging for Clamshell Containers (Hinge Lid Containers)
  • Food Service Packaging for Two Piece Containers (Separate Lid Containers)
  • Food Service Packaging for Others (Foil, Paper and Pouches)

• Packing Material

  • Polyethylene Terephthalate (PET, PETE, PETG or polyester) Food Service Packaging Material
  • High Density Polyethylene (HDPE) Food Service Packaging Material
  • Polyvinyl Chloride (PVC) Food Service Packaging Material
  • Low Density Polyethylene (LDPE) Food Service Packaging Material
  • Polypropylene (PP) Food Service Packaging Material
  • Polystyrene (PS) Food Service Packaging Material
  • Aluminum Food Service Packaging Material
  • Clay Coated Cardboard Food Service Packaging Material
  • Molded Fiber Food Service Packaging Material

• Application Type

  • Packaging for Foodservice Outlets
  • Food Service Packaging for Bakery Products
  • Food Service Packaging for Takeaway Meals
  • Food Service Packaging for On-the-Go Breakfast
  • Food Service Packaging for Institutional Food Services
  • Food Service Packaging for Online Food Ordering
  • Food Service Packaging for Dairy Products
  • Food Service Packaging for Alcoholic Beverages
  • Food Service Packaging for Ready to Drink Beverages
  • Food Service Packaging for Other Applications

•  Fabrication Type

  • Thermoforming-based Food Service Packaging
  • Die Cutting-based Food Service Packaging
  • Injection Molding-based Food Service Packaging

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Food Service Packaging Market- Scope of Report

A recent study by Fact.MR on the food service packaging market offers a 10-year forecast for 2021 to 2031. The study analyzes crucial trends that are currently determining growth of the market. This report explicates on vital dynamics, such as the drivers, restraints, and opportunities for key market players along with key stakeholders as well as emerging players associated with offering food service packaging.

The study also provides the dynamics responsible for influencing the future status of the food service packaging market over the forecast period. A detailed assessment of value chain analysis, business execution, and supply chain analysis across regional markets has been covered in the report.

A list of prominent companies operating in the food service packaging market, along with their product portfolios, enhances the reliability of this comprehensive research study.

Report Summary

The study offers comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales of food service packaging across the globe.

A comprehensive estimate on the market has been provided through an optimistic as well as a conservative scenario, taking into account the sales of food service packaging during the forecast period. Price point comparison by region with global average price is also considered in the study.

Analysis on Market Size Evaluation

The market has been analyzed for each segment in terms of volume (‘000 Units) and value (US$ Mn).

Estimates at global and regional levels for food service packaging are available in terms of “US$ Mn” for value and in “‘000 Units” for volume. A Y-o-Y growth contrast on prominent market segments, along with market attractiveness evaluation, has been incorporated in the report. Furthermore, absolute dollar opportunity analysis of all the segments adds prominence to the report. Absolute dollar opportunity plays a crucial role in assessing the level of opportunity that a manufacturer/distributor can look to achieve, along with identifying potential resources, considering the sales and distribution perspective in the global food service packaging market.

Inspected Assessment on Regional Segments

Key sections have been elaborated in the report, which have helped deliver projections on regional markets. These chapters include regional macros (political, economic, and business environment outlook), which are expected to have a momentous influence on the growth of the food service packaging during the forecast period.

Country-specific valuation on demand for food service packaging has been offered for each region, along with market scope estimates and forecasts, price index, and impact analysis of the dynamics of prominence in regions and countries. For all regional markets, Y-o-Y growth estimates have also been incorporated in the report.

Detailed breakup in terms of value & volume for emerging countries has also been included in the report.

In-depth Analysis on Competition Analysis

The report sheds light on leading manufacturers of food service packaging, along with their detailed profiles. Essential and up-to-date data related to market performers who are principally engaged in offering food service packaging has been brought with the help of a detailed dashboard view. Market share analysis and comparison of prominent players provided in the report permits report readers to take preemptive steps in advancing their businesses.

Company profiles have been included in the report, which include essentials such as product portfolios and key strategies, along with all-inclusive SWOT analysis on each player. Company presence is mapped and presented through a matrix for all the prominent players, thus providing readers with actionable insights, which helps in thoughtfully presenting the market status, and predicting the competition level in the food service packaging domain.

9 Key Future Projections of Food Service Packaging Market for the Forecast Period 2017-2026 (In Terms of Volume)

• North America will continue to hold the largest market share, with sales pegged to exceed 15,500 ‘000 tons by 2026-end. Sales of food service packaging products in North America are set to exhibit the highest CAGR through 2026.
• Food service packaging sales in Europe and Asia-Pacific excluding Japan (APEJ) are expected to account for nearly similar shares of the market by 2026-end. However, sales in APEJ will record a relatively faster growth than those in Europe through 2026.
• On the basis of product type, plates will remain dominant in the market, succeeded by cups. Sales of these two food service packaging products are collectively estimated to exceed 21,000 ‘000 tons by 2026-end.
• The market shares of bowls and shallow trays among products are poised to remain approximately equal by 2026-end. In addition, clamshell containers are likely to prevail as fast-selling products in the market.
• Among packaging materials, polyethylene terephthalate (PET, PETE, PETG or polyester) is expected to retain its largest share of the market during the forecast period. However, sales of aluminum and molded fiber are set to record a relatively faster growth in the market through 2026.
• Polypropylene and clay-coated cardboard are expected to register a parallel sales growth through 2026. Demand for these two packaging materials will witness a slight decline between 2017 and 2026.
• Foodservice outlets will continue to be the most lucrative application of foodservice packaging. Food service packaging will also record significant sales for application in alcoholic beverages and takeaway meals during the forecast period.
• Alcoholic beverages and ready-to-drink beverages will remain fast-expanding applications of foodservice packaging.
• Thermoforming is anticipated to remain preferred among fabrication type for foodservice packaging, followed by die cutting.