Global Food Service Packaging Market Analysis & Trends - Industry Forecast to 2025
The Global Food Service Packaging Market is poised to grow at a CAGR of around 5.3% over the next decade to reach approximately $7.82 billion by 2025.Some of the prominent trends that the market is witnessing include increasing demand for quick-service restaurants and fast food centers and changing lifestyle and increasing number of singles in emerging countries.
Based on material type the market is categorized into fiber based, aluminum and plastic. Fiber based segment is further sub segmented into molded fiber, corrugated paperboard and clay coated cardboard. Plastic segment is further sub segmented into polyethylene, poly lactic acid (PLA), polystyrene (PS), polyethylene terephthalate and polypropylene.
Depending on the fabrication process the market is segmented by die cutting, injection molding and thermoforming.
By end user, market is segregated by on the go breakfast, online food ordering, foodservice outlets, takeaway meals, institutional foodservices, bakery and other end users.
Based on product type the market is categorized into bowls, clamshell containers (Hinge Lid Containers), shallow trays, pizza boxes, cups, bottles, plates, two piece containers (Separate Lid Containers), cans, single serve portion packs and other products. Other products are further sub segmented into napkins, spoons and straws.
This industry report analyzes the market estimates and forecasts of all the given segments on global as well as regional levels presented in the research scope. The study provides historical market data for 2014, 2015 revenue estimations are presented for 2016 and forecasts from 2017 till 2025. The study focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. With comprehensive market assessment across the major geographies such as North America, Europe, Asia Pacific, Middle East, Latin America and Rest of the world the report is a valuable asset for the existing players, new entrants and the future investors.
The study presents detailed market analysis with inputs derived from industry professionals across the value chain. A special focus has been made on 23 countries such as U.S., Canada, Mexico, U.K., Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, South Africa, etc. The market data is gathered from extensive primary interviews and secondary research. The market size is calculated based on the revenue generated through sales from all the given segments and sub segments in the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation and accuracy measures.
This report provides data tables, includes charts and graphs for visual analysis.
- Rest of Europe
- New Zealand
- Rest of Asia Pacific
- Saudi Arabia
- Rest of Middle East
- Rest of Latin America
Rest of the World
- The report provides a detailed analysis on current and future market trends to identify the investment opportunities
- Market forecasts till 2025, using estimated market values as the base numbers
- Key market trends across the business segments, Regions and Countries
- Key developments and strategies observed in the market
- Market Dynamics such as Drivers, Restraints, Opportunities and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2025
- Market opportunities and recommendations for new investments
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