With a CAGR of 4.0% to 4.5%, the disposable food container market is expected to expand faster than average. The Asia Pacific region is anticipated to control more than 35% of the market by the end of the projected period. The market is growing mainly as a result of increased consumer convenience and the developing food service industry.
Disposable Food Containers: Market Outlook
For more than a decade already, disposable food containers have displaced conventional stainless steel and glass food containers. The characteristics of the product’s easy availability, single-use hygienic aspect, low cost, and convenient packaging outlook could be cited as a few factors contributing to its market adoption.
The main justification for consumers and manufacturers to utilise disposable food containers is to reduce contaminable foodborne infections.
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What are the Key Trends in the Disposable Food Containers Market?
The U.S. National Restaurant Association has projected US$ 1.2 trillion revenue for the restaurant industry in the United States by 2030. Customer demands, high-quality food services and increasing restaurant models are expected to fuel the market demand.
Cloud kitchens and virtual restaurants are food places that exist online or via mobile applications. A surge of online restaurants was observed due to pandemic situations. The food service industry is facing a revolution due to the entry of new business models entering the market space. Foodservice market is one of the largest global markets both in terms of value and volume.
Full-service restaurants, takeaway chains and food delivery sectors have observed an optimistic change in recent years. This has not only reflected a positive impact on disposable food containers but also helped manufacturers to provide a variety in shape, size, and material offered.
What will be the Factors Responsible for Market Growth Disruption of Disposable Food Containers?
Global sustainable development depends on the usage of a better quality of packaging, less wastage and low energy consumption for the production of goods. Governments of various nations are enforcing these sustainability goals and ensuring a circular economy is maintained.
Plastic ban, adoption of bio-degradable material for packaging and restricting usage of single-use products are some solutions that are expected to hinder the market growth of disposable food containers.
According to National Conference of State Legislatures, Idaho, North Dakota, Oklahoma and Tennessee are few of the US states that have legally prohibited the usage of auxiliary plastic food containers in the country.
An interview by Jenni Doering explained that Chinese government is promoting the biodegradable plastic bags and containers in the country while announcing a ban on single-use plastics in March 2020.
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Key Players:
- Stora Enso Oyj
- The WestRock Company
- DS Smith Plc
- Mondi Group Plc
- Smurfit Kappa Group
- Sonoco Products Company
- Sealed Air Corporation
- Georgia Pacific LLC
- DOpla SpA
- Dart Container Corporation
Disposable Food Containers Market by Category
By Material:
- Polypropylene (PP)
- Polystyrene (PS)
- Polyethylene Terephthalate (PET)
- Paper and Paperboard
- Aluminium
- Bagasse
- Starch-based
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By Application:
- Fresh food
- Good takeaway
- Retail
By End Use:
- Restaurants and eateries
- Take-away and online delivery
- Catering services
- Institutional
By Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Middle East & Africa
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