US demand to approach $18 billion in 2013
Demand for foodservice disposables is
projected to approach $18 billion in 2013.
Though advances will decelerate from the
past decade due to slower growth in
consumer spending and more moderate
material price increases, demand for
disposables will be supported by a
rebound in away-from-home food
expenditures as the economy recovers.
Rising away-from-home food expenditures
will also reflect faster-paced
lifestyles and the willingness of consumers
to pay for convenient, ready prepared
foods. Packaging and serviceware made
from biodegradable materials will post
robust advances from a low base, the
result of increased price competitiveness
with petroleum-based plastic materials;
rapidly expanding capacity; heightened
consumer interest in environmental
issues; increased pressure on foodservice
operators to reduce their environmental
footprint; and growing bans on polystyrene-
based disposables.
Foodservice packaging to be fastest growing products
The fastest gains are anticipated for
packaging products, fueled by aboveaverage
revenue growth in the large limited
service segment, which accounts for
nearly half of overall restaurant revenues
but generates a much higher share of
foodservice disposables demand. Expanding
menu options in limited service
restaurants and longer hours to incorporate
breakfast and late night snacking will
also bode well for related packaging.
Wraps and lids will register the fastest
growth, with most container types also
expected to register healthy gains. The
popularity of takeout food from full
service restaurants will provide a further
boost for packaging, especially since
these restaurants often use higher-value
disposable containers designed to
maintain food temperature and minimize
leakage problems. Additionally, packaging
gains will be supported by expanded
prepared food offerings in supermarkets
and other retail stores, along with
increased catering activity by limited and
full service restaurants.
Please Note: Freedonia requires that, for PDF orders, clients sign a confidentiality agreement prior to fulfillment of PDF email delivery.
Additional Information
Greater use expected for
recycled/biodegradable
materials, source reduction
Foodservice disposables suppliers are
increasingly emphasizing the development
of sustainable packaging, which
seeks to make greater use of packaging
materials and systems that promote
economic and environmental health, and
which emphasizes the use of recycled
raw materials as much as possible. As a
result, a plethora of new foodservice
disposables products using recycled
content or biodegradable materials have
entered the market in the past few years,
with heightened activity in all product
segments. Sustainability efforts will also
drive source reduction activity such as
the lightweighting of products or shifting
to flexible packaging.
Study coverage
This new Freedonia industry study,
Foodservice Disposables, is priced at
$4700. It presents historical demand data
(1998, 2003, 2008) plus forecasts for
2013 and 2018 by product and market.
The study also considers market environment
factors, evaluates market share and
profiles industry competitors.