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.
Scope of the Report:
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.
The global Foodservice Packaging market is valued at 102000 million USD in 2018 and is expected to reach 124790 million USD by the end of 2024, growing at a CAGR of 4.1% between 2019 and 2024.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Foodservice Packaging.
Europe also play important roles in global market, with market size of xx million USD in 2019 and will be xx million USD in 2024, with a CAGR of xx%.
This report studies the Foodservice Packaging market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Foodservice Packaging market by product type and applications/end industries.
Market Segment by Companies, this report covers
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 Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Flexible Packaging
Rigid Packaging
Paper & Paperboard
Others
Market Segment by Applications, can be divided into
Take Away/Delivery
Restaurants
Institutional Catering
HMR (Hotel Motel Restaurant)
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 2019 by Company, Regions, Type and Application, Forecast to 2024. It is complete Research Study and Industry Analysis of Foodservice Packaging market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.