Food Service Disposable Market SHARE, TREND, OPPORTUNITY AND FORECAST
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Product Code:
RP-ID-10075239 -
Published Date:
21 Oct 2022 -
Region:
Global
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Pages:
100 -
Category:
FMCG & Food -
Publisher:
Pub-ID-9
Impact Analysis on the Growth of Market
Inflation and Looming Recession to Haunt Businesses:
In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.
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The Research Report is Updated with 2022 Base Year, 2023 Estimated year and Forecast till 2035 with Market Insights.
With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2022 as base year, 2023 as estimated year and forecast to 2035. This will have market drivers, recovery rate in the market, insights and competitive analysis.
Market Overview:
Translate Report
Global Food Service Disposables Market Overview
Food service disposables are used to pack foods ordered from restaurants and other take away food service centers. Having food while on the go, busy schedule, hectic lifestyle etc. are some of the reasons driving people to order disposable food packets for immediate consumption.
The main purpose of food service disposables is to provide temporary containers to keep food hygienic and free from dust/particles. These disposables can also be easily carried from restaurants to desired locations and can either be recycled or disposed as solid waste.
Market size and forecast
With USD 21.4 Billion revenues in 2015, North America dominated the global food service disposable industry. The food service disposable market in North America is further anticipated to reach at USD 27.50 Billion in 2021, making it one of the most attractive market-place globally.
Europe had the second largest market share in global food service disposable industry and was valued USD 9.94 Billion in 2015. In addition to that, Asia Pacific food service disposable market is expected to showcase an attractive CAGR of 5.8% during 2015-2021.
Growth Drivers and Challenges
Increasing population, expanding commercial markets and activities, use & throw convenience etc. are some of the factors that are expected to drive the global food service disposable market in future.
However, negative environmental impacts related to non-recyclable waste of food service disposables is projected to restrain the growth of the market in coming 5-6 years.
Key Players
The global food service disposable market is very competitive and encompasses some of the top players such as;
New Wincup holdings Inc,
Pactiv llc,
Anchor packaging Inc,
Dart Container Corporation
Gold Plast Spa
Georgia Pacific LLC
MDS Associates, Inc.
Biopac India Corporation Ltd.
H.T. Berry Company, Inc.
Sysco Corporation
Market Segmentation
By Raw Material
Paper & Paper Boards
Plastics
Aluminum
Straws & stirrers
By Products
Bowls and Tubs
Cup and Glasses
Cutlery
Plates
Trays
Mugs
Saucers
Wraps and Bags
By End Users
Institutions
Restaurants
Lodging & Hospitality
Retail & Vending Machine
Coffee & Snacks Shop
Sports & Recreation
Other markets
By Geography
North America (United States, Canada), Market size, Y-O-Y growth Market size, Y-O-Y growth & Opportunity Analysis, Future forecast & Opportunity Analysis
Latin America (Brazil, Mexico, Argentina, Rest of LATAM), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
Europe (U.K., Germany, France, Italy, Spain, Hungary, BENELUX (Belgium, Netherlands, Luxembourg), NORDIC (Norway, Denmark, Sweden, Finland), Poland, Russia, Rest of Europe), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
Asia-Pacific (China, India, Japan, South Korea, Malaysia, Indonesia, Taiwan, Hong Kong, Australia, New Zealand, Rest of Asia-Pacific), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
Geography Analysis:
The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:
- North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
- Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
- Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys & Opportunity Outlook
- Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
- Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook
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