Report Description

Global foodservice packaging market is expected to grow at a steady CAGR during the forecast period. The global foodservice packaging market is driven by rapidly expanding food industry across the globe. Surging demand for energy drinks & soft drinks along with increasing fast food culture is positively impacting the growth of market during the forecast period. Furthermore, growing demand for recycled packaging worldwide is expected to bolster the growth of market over the next few years.

With the sudden outbreak of pandemic COVID-19 disease, the world is affected, majority of the businesses are shut down and operations across different industries such as packaging are also compromised. The global foodservice packaging market is hit by the pandemic, as the demand is decreased due to lockdown across major countries in the world.

The global foodservice packaging market is segmented based on material, packaging type, application, company, and region. On the basis of packaging type, the market is segmented into flexible packaging, paper & paperboard packaging, rigid packaging and others. The market for flexible packaging is expected to grow at the highest CAGR during the forecast period which can be attributed to the growing demand for sustainable packaging. Regionally, Asia Pacific is projected to lead the foodservice packaging market during the forecast period, on account of growing developmental activities coupled with rapid economic expansion.

The major players operating in the foodservice packaging market are Amcor Limited, Bemis Company, Inc., The DOW Chemical Company, Westrock Company, Ball Corporation, Huhtamaki OYJ, Sealed Air Corporation, Berry Plastic Corporation, Reynolds Group Holding, International Paper Company, DS Smith PLC, Genpak, LLC, Dart Products Europe Limited, Anchor Packaging, Inc., Vegware Ltd., and others.


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Objective of the Study:

  • To analyze and estimate the market size of global foodservice packaging market from 2018 to 2021.
  • To estimate and forecast the market size of global foodservice packaging market from 2022 to 2028 and growth rate until 2028.
  • To classify and forecast global foodservice packaging market based on material, packaging type, application, company and regional distribution.
  • To identify dominant region or segment in the global foodservice packaging market.
  • To identify drivers and challenges for global foodservice packaging market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global foodservice packaging market.
  • To conduct pricing analysis for global foodservice packaging market.
  • To identify and analyze the profile of leading players operating in global Foodservice packaging market.
  • To identify key sustainable strategies adopted by market players in global foodservice packaging market.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers and presence of all major players across the globe.

TechSci Research calculated the market size of global foodservice packaging market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research. 

Key Target Audience:

  • Foodservice packaging manufacturers
  • Market research and consulting firms
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums and alliances related to foodservice packaging

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Attribute

Details

Base Year

2022

Historical Years

2018 – 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million, Volume in Units, and CAGR for 2018-2022 and 2023-2028

Report Coverage

Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

·         Material

·         Packaging Type

·         Application

Regional Scope

North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa

Country Scope

United States; Canada; Mexico; China; India; Japan; Malaysia; Thailand; Indonesia; Vietnam; South Korea; Germany; France; United Kingdom; Spain; Italy; Belgium; Russia; Brazil; Argentina; Colombia; Saudi Arabia; UAE; South Africa; Egypt

Key Companies Profiled

Amcor Limited, Bemis Company, Inc., The DOW Chemical Company, Westrock Company, Ball Corporation, Huhtamaki OYJ, Sealed Air Corporation, Berry Plastic Corporation, Reynolds Group Holding, International Paper Company, DS Smith PLC, Genpak, LLC, Dart Products Europe Limited, Anchor Packaging, Inc., Vegware Ltd.

Customization Scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 Report Scope:

In this report, global foodservice packaging market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Global Foodservice Packaging Market, By Material:
    • Plastic
    • Metal
    • Others
  • Global Foodservice Packaging Market, By Packaging Type:
    • Flexible
    • Rigid
    • Paper & Paperboard
    • Others
  • Global Foodservice Packaging Market, By Application:
    • Beverages
    • Dairy Products
    • Fruits & Vegetables
    • Bakery & Confectionery
  • Global Foodservice Packaging Market, By Region:
    • North America
      • United States
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • United Kingdom
      • Italy
      • Spain
    • Asia-Pacific
      • China
      • Japan
      • India
      • South Korea
      • Australia
    • Middle East & Africa
      • South Africa
      • Saudi Arabia
      • UAE
    • South America
      • Brazil
      • Argentina
      • Colombia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global foodservice packaging market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global foodservice packaging market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]  

Table of content

1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Global Foodservice Packaging Market

4.    Executive Summary

5.    Voice of Customer

6.    Global Foodservice Packaging Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value & Volume

6.2.  Market Share & Forecast

6.2.1.     By Material (Plastic, Metal and Others)

6.2.2.     By Packaging Type (Flexible, Rigid, Paper & Paperboard and Others)

6.2.3.     By Application (Beverages, Dairy Products, Fruits & Vegetables and Bakery & Confectionery)

6.2.4.     By Company (2022)

6.2.5.     By Region

6.3.  Market Attractiveness Index

7.    Asia-Pacific Foodservice Packaging Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value & Volume

7.2.  Market Share & Forecast

7.2.1.     By Material

7.2.2.     By Packaging Type

7.2.3.     By Application

7.2.4.     By Country

7.3.  Asia-Pacific: Country Analysis

7.3.1.     China Foodservice Packaging Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value & Volume

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Material

7.3.1.2.2.             By Packaging Type

7.3.1.2.3.             By Application

7.3.2.     India Foodservice Packaging Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value & Volume

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Material

7.3.2.2.2.             By Packaging Type

7.3.2.2.3.             By Application

7.3.3.     Australia Foodservice Packaging Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.             By Value & Volume

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By Material

7.3.3.2.2.             By Packaging Type

7.3.3.2.3.             By Application

7.3.4.     Japan Foodservice Packaging Market Outlook

7.3.4.1.         Market Size & Forecast

7.3.4.1.1.             By Value & Volume

7.3.4.2.         Market Share & Forecast

7.3.4.2.1.             By Material

7.3.4.2.2.             By Packaging Type

7.3.4.2.3.             By Application

7.3.5.     South Korea Foodservice Packaging Market Outlook

7.3.5.1.         Market Size & Forecast

7.3.5.1.1.             By Value & Volume

7.3.5.2.         Market Share & Forecast

7.3.5.2.1.             By Material

7.3.5.2.2.             By Packaging Type

7.3.5.2.3.             By Application

8.    Europe Foodservice Packaging Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value & Volume

8.2.  Market Share & Forecast

8.2.1.     By Material

8.2.2.     By Packaging Type

8.2.3.     By Application

8.2.4.     By Country

8.3.  Europe: Country Analysis

8.3.1.     France Foodservice Packaging Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value & Volume

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Material

8.3.1.2.2.             By Packaging Type

8.3.1.2.3.             By Application

8.3.2.     Germany Foodservice Packaging Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value & Volume

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Material

8.3.2.2.2.             By Packaging Type

8.3.2.2.3.             By Application

8.3.3.     United Kingdom Foodservice Packaging Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value & Volume

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Material

8.3.3.2.2.             By Packaging Type

8.3.3.2.3.             By Application

8.3.4.     Italy Foodservice Packaging Market Outlook

8.3.4.1.         Market Size & Forecast

8.3.4.1.1.             By Value & Volume

8.3.4.2.         Market Share & Forecast

8.3.4.2.1.             By Material

8.3.4.2.2.             By Packaging Type

8.3.4.2.3.             By Application

8.3.5.     Spain Foodservice Packaging Market Outlook

8.3.5.1.         Market Size & Forecast

8.3.5.1.1.             By Value & Volume

8.3.5.2.         Market Share & Forecast

8.3.5.2.1.             By Material

8.3.5.2.2.             By Packaging Type

8.3.5.2.3.             By Application

9.    North America Foodservice Packaging Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value & Volume

9.2.  Market Share & Forecast

9.2.1.     By Material

9.2.2.     By Packaging Type

9.2.3.     By Application

9.2.4.     By Country

9.3.  North America: Country Analysis

9.3.1.     United States Foodservice Packaging Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value & Volume

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Material

9.3.1.2.2.             By Packaging Type

9.3.1.2.3.             By Application

9.3.2.     Mexico Foodservice Packaging Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value & Volume

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Material

9.3.2.2.2.             By Packaging Type

9.3.2.2.3.             By Application

9.3.3.     Canada Foodservice Packaging Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value & Volume

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Material

9.3.3.2.2.             By Packaging Type

9.3.3.2.3.             By Application

10.  South America Foodservice Packaging Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value & Volume

10.2.              Market Share & Forecast

10.2.1.  By Material

10.2.2.  By Packaging Type

10.2.3.  By Application

10.2.4.  By Country

10.3.              South America: Country Analysis

10.3.1.  Brazil Foodservice Packaging Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value & Volume

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Material

10.3.1.2.2.           By Packaging Type

10.3.1.2.3.           By Application

10.3.2.  Argentina Foodservice Packaging Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.           By Value & Volume

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.           By Material

10.3.2.2.2.           By Packaging Type

10.3.2.2.3.           By Application

10.3.3.  Colombia Foodservice Packaging Market Outlook

10.3.3.1.      Market Size & Forecast

10.3.3.1.1.           By Value & Volume

10.3.3.2.      Market Share & Forecast

10.3.3.2.1.           By Material

10.3.3.2.2.           By Packaging Type

10.3.3.2.3.           By Application

11.  Middle East and Africa Foodservice Packaging Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value & Volume

11.2.              Market Share & Forecast

11.2.1.  By Material

11.2.2.  By Packaging Type

11.2.3.  By Application

11.2.4.  By Country

11.3.              MEA: Country Analysis

11.3.1.  South Africa Foodservice Packaging Market Outlook

11.3.1.1.      Market Size & Forecast

11.3.1.1.1.           By Value & Volume

11.3.1.2.      Market Share & Forecast

11.3.1.2.1.           By Material

11.3.1.2.2.           By Packaging Type

11.3.1.2.3.           By Application

11.3.2.  Saudi Arabia Foodservice Packaging Market Outlook

11.3.2.1.      Market Size & Forecast

11.3.2.1.1.           By Value & Volume

11.3.2.2.      Market Share & Forecast

11.3.2.2.1.           By Material

11.3.2.2.2.           By Packaging Type

11.3.2.2.3.           By Application

11.3.3.  UAE Foodservice Packaging Market Outlook

11.3.3.1.      Market Size & Forecast

11.3.3.1.1.           By Value & Volume

11.3.3.2.      Market Share & Forecast

11.3.3.2.1.           By Material

11.3.3.2.2.           By Packaging Type

11.3.3.2.3.           By Application

12.  Market Dynamics

12.1.              Drivers

12.2.              Challenges

13.  Market Trends & Developments

14.  Competitive Landscape

14.1.              Amcor Limited

14.2.              Bemis Company, Inc.

14.3.              The DOW Chemical Company

14.4.              Westrock Company

14.5.              Ball Corporation

14.6.              Huhtamaki OYJ

14.7.              Sealed Air Corporation

14.8.              Berry Plastic Corporation

14.9.              Reynolds Group Holding

14.10.            International Paper Company

14.11.            DS Smith PLC

14.12.            Genpak, LLC

14.13.            Dart Products Europe Limited

14.14.            Anchor Packaging, Inc.

14.15.            Vegware Ltd.

15. Strategic Recommendations

Figures and Tables

Frequently asked questions

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Growing demand for recycled packaging and the booming food & beverage industry is driving the demand of the global foodservice packaging market.

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Amcor Limited, Bemis Company, Inc., The DOW Chemical Company, Westrock Company, Ball Corporation, Huhtamaki OYJ, Sealed Air Corporation, Berry Plastic Corporation, Reynolds Group Holding, International Paper Company, DS Smith PLC, Genpak, LLC, Dart Products Europe Limited, Anchor Packaging, Inc., Vegware Ltd are the major market players operating in the global foodservice packaging market.

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Asia-pacific is expected to dominate the market throughout the forecast period due to ongoing economic expansions and the flourishing food industry in the region.

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Based on the application, the market is divided into beverages, dairy products, fruits & vegetables, and bakery & confectionery. The beverages segment is expected to hold the largest market share in the forecast period growing disposable income of consumers and rapid emergence of market players using attractive packaging to attract more customers.

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Sakshi Bajaal

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