Global Foodservice Packaging Sales Market Report 2024
Published on: 2024-01-04 | No of Pages : 400 | Industry : Packaging
Publisher : MRA | Format : PDF
Global Foodservice Packaging Sales Market Report 2024
Market Analysis and InsightsGlobal Foodservice Packaging Market
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.
Due to the COVID-19 pandemic, the global Foodservice Packaging market size is estimated to be worth US$ 113340 million in 2022 and is forecast to a readjusted size of US$ 151680 million by 2029 with a CAGR of 4.2% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Flexible Packaging accounting for % of the Foodservice Packaging global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Take Away/Delivery segment is altered to an % CAGR throughout this forecast period.
Global Foodservice Packaging key players include Graphic Packaging, Georgia-Pacific, Berry Global, Huhtamaki, Amcor, etc. Global top five manufacturers hold a share over 35%.
North America is the largest market, with a share about 20%, followed by Europe and China, both have a share about 40 percent.
In terms of product, Rigid is the largest segment, with a share about 40%. And in terms of application, the largest application is Take away/delivery, followed by Restaurants.
Global Foodservice Packaging Scope and Market Size
The global Foodservice Packaging market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Foodservice Packaging market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2018-2029.
Segment by Type
Flexible Packaging
Rigid Packaging
Paper & Paperboard
Others
Take Away/Delivery
Restaurants
Institutional Catering
HMR (Hotel Motel Restaurant)
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
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
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.
Due to the COVID-19 pandemic, the global Foodservice Packaging market size is estimated to be worth US$ 113340 million in 2022 and is forecast to a readjusted size of US$ 151680 million by 2029 with a CAGR of 4.2% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Flexible Packaging accounting for % of the Foodservice Packaging global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Take Away/Delivery segment is altered to an % CAGR throughout this forecast period.
Global Foodservice Packaging key players include Graphic Packaging, Georgia-Pacific, Berry Global, Huhtamaki, Amcor, etc. Global top five manufacturers hold a share over 35%.
North America is the largest market, with a share about 20%, followed by Europe and China, both have a share about 40 percent.
In terms of product, Rigid is the largest segment, with a share about 40%. And in terms of application, the largest application is Take away/delivery, followed by Restaurants.
Global Foodservice Packaging Scope and Market Size
The global Foodservice Packaging market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Foodservice Packaging market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2018-2029.
Segment by Type
Flexible Packaging
Rigid Packaging
Paper & Paperboard
Others
Segment by Application
Take Away/Delivery
Restaurants
Institutional Catering
HMR (Hotel Motel Restaurant)
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
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