Food service packaging is used to package processed and semi-processed food products. It caters to service sectors such as restaurants, fast-food joints, takeaway restaurants, and catering services. It helps in maintaining the hygiene, quality, and safety of food products. It provides heat resistance, prevents the growth of microorganisms, and helps extend the shelf-life of the food product.
Currently, there are many players in Foodservice Packaging industry. Amcor, Georgia-Pacific, Berry Global, Graphic Packaging, Huhtamaki, Coveris, Dart Container, Pactiv, Linpac Packaging, WestRock, Novolex, Fabri-Kal and some others are playing important roles in Foodservice Packaging industry. The market is not so concentrated for now and is seeing to be more dispersed.
In the past few years, the price of Foodservice Packaging shown a slightly increasing trend and we expect the price may keep the trend in a short period. However, as the improvement of energy, transportation costs, employee wages, and equipment depreciation will play a significant role in promoting the cost of Foodservice Packaging. Therefore, to some extent, the companies are facing a risk of profit decline. In order to keep profit, the price may keep the trend in a short period.
In 2018, the global Foodservice Packaging market size was 99130 million US$ and it is expected to reach 133110 million US$ by the end of 2025, with a CAGR of 4.3% during 2019-2025.
This report focuses on the global Foodservice Packaging status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Foodservice Packaging development in United States, Europe and China.
The key players covered in this study
Graphic Packaging
Genpak
Sabert
Dart Container
Georgia-Pacific
Anchor Packaging
Pactiv
D&W Fine Pack
Berry Global
Dopla
WestRock
Huhtamaki
WinCup
Linpac Packaging
Coveris
Novolex
Be Green Packaging
GRACZ
Southern Champion Tray
Amcor
Vegware
Union Packaging
Fabri-Kal
King Yuan Fu Packaging
Hengxin Enviro
Market segment by Type, the product can be split into
Flexible Packaging
Rigid Packaging
Paper & Paperboard
Others
Market segment by Application, split into
Take Away/Delivery
Restaurants
Institutional Catering
HMR (Hotel Motel Restaurant)
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global Foodservice Packaging status, future forecast, growth opportunity, key market and key players.
To present the Foodservice Packaging development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Foodservice Packaging are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Foodservice Packaging. Industry analysis & Market Report on Foodservice Packaging is a syndicated market report, published as Global Foodservice Packaging Market Size, Status and Forecast 2019-2025. It is complete Research Study and Industry Analysis of Foodservice Packaging market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.