Global Foodservices Disposable Market 2017-2021
About Foodservices Disposable
The global foodservices disposable market is segmented based on the raw material used to prepare foodservices disposables. In 2016, the plastics segment dominated the overall market with a share of 66.24%. Polystyrene (foam) and polypropylene (PP) are the popular plastic polymers that are used to prepare foodservices disposables. Plastic plates, trays, straws, lids, and containers are the most popularly used products among the end-users.
Technavio’s analysts forecast the global foodservices disposable market to grow at a CAGR of 6.14% during the period 2017-2021.Covered in this report
The report covers the present scenario and the growth prospects of the global foodservices disposable market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of new units of foodservices disposable to end-users like restaurants, hotels, catering companies, ice cream parlors, and juice centers.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Foodservice Disposable Market 2017-2021
Technavio recognizes the following companies as the key players in the global foodservice disposable market: Anchor Packaging, Dart Container, Pactiv, Huhtamaki, and WinCup
Other Prominent Vendors in the market are: Sabert, Firstpack, Biopac, Multi-Cup Solutions, Genpack, WNA, and D&W Fine Pack
Commenting on the report, an analyst from Technavio’s team said: “In the present global scenario, foodservice establishments and foodservices disposable vendors have started focusing on the use of biodegradable disposable raw materials that can help minimize the carbon footprint. Vendors providing foodservices disposables are slowly moving toward the use of compostable raw materials to manufacture the various foodservices disposable products. Currently, the use of plastic disposables in the foodservice industry is showing dominance, meanwhile the increasing awareness about non-compostable and non-biodegradable nature of plastic disposables have triggered the use of other raw materials that are completely biodegradable.”
According to the report, in the global foodservices disposable market, the design of products has an important role in maintaining the food temperature, texture, and to minimize the leakage or spillage. Vendors in the foodservices disposables segment are focusing on these aspects and are looking to provide improved and innovative designs for disposable products. For instance, Dart Container, in 2015, relaunched its Anthora Single-Sided Poly Paper Hot Cups, which is mostly used to serve hot beverages such as coffee and tea. These cups are lined with PE, which resists the moisture, and helps prevent leakage. Similarly, Huhtamaki Group's hinged containers, which are made from molded fiber, helps handle heavy food and its efficient closure design helps the food to be secure without any leakage during transit.
Further, the report states that rising awareness about concerns related to the waste disposal of foodservice plastic disposable products is directly impacting the global market for foodservices disposables. Most foodservice establishments prefer plastic disposables due to their relatively lower price and the ability to retain food temperature for longer time. However, there are major concerns over the waste disposal of various polymers of plastic disposables. For instance, disposables made from polystyrene such as cups, plates, and bowls have a major limitation as far as the waste disposal is concerned. The disposal of polystyrene is very difficult, as it does not degrade easily in landfills. Also, when polystyrene degrades, it breaks down to styrene monomer, styrene dimer and styrene trimer, which are carcinogenic. These foodservice foam disposables are posing a threat to the environment and other life forms.
Anchor Packaging, Dart Container, Pactiv, Huhtamaki, WinCup, Sabert, Firstpack, Biopac, Multi-Cup Solutions, Genpack, WNA, D&W Fine Pack.
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