Global Food Service Disposables Market - 2023-2030

Market Overview

The Global "food service Disposables Market" is expected to reach at a CAGR of 5.4% during the forecast period (2023-2030).

Foodservice disposables are products that are designed for single use in the foodservice industry, including restaurants, cafes, take-out establishments and other food service operations. These products include plates, bowls, cups, utensils, straws, napkins, to-go containers and other items made of materials such as paper, plastic, or foam. These disposable products are convenient and cost-effective and are often favored by foodservice operators for their ease of use and quick clean-up, as well as their ability to reduce the risk of cross-contamination and foodborne illness.

Market Dynamics

Foodservice disposables are favored for their ease of use and quick clean-up, as well as their cost-effectiveness compared to reusable items. Increased take-out and delivery services also drive the global market's growth.

The increased demand for on-the-go food drives market growth.

Foodservice disposables are favored for their ease of use and quick clean-up, making them ideal for on-the-go foods such as take-out, delivery and street food. It offers a cost-effective solution for foodservice operators looking to keep their costs low, especially for take-out and delivery services where reusable items are not practical. Foodservice disposables are considered more hygienic than reusable items, making them ideal for on-the-go foods where the risk of cross-contamination and foodborne illness is high. These are designed for portability, making them ideal for on-the-go food where the food needs to be taken away from the premises.

The foodservice disposables industry is constantly evolving, with manufacturers introducing new and innovative products, such as biodegradable and compostable disposables, to meet changing consumer demands for more sustainable options. Therefore, the increased demand for on-the-go food is driving the growth of the global Foodservice disposables market, as these products offer a convenient, cost-effective and hygienic solution for the foodservice industry.

The lack of recycling facilities and the ban on single-use plastics hamper the market growth.

The growing concern about the environmental impact of single-use plastics, including foodservice disposables, has led to a growing movement to reduce plastic waste and promote sustainability. This has resulted in the ban on single-use plastics in many countries, which has negatively impacted the growth of the foodservice disposables market.

The lack of recycling facilities in many countries, especially in developing countries, makes it difficult to properly dispose of Foodservice disposables, leading to environmental pollution and increasing public pressure for alternative solutions. The growing demand for alternative solutions, such as biodegradable and compostable disposables, has led to increased competition for the foodservice disposables market, reducing its overall growth.

The need to develop alternative solutions to single-use plastics, such as biodegradable and compostable disposables, has increased the cost of production for foodservice disposables, making them less cost-effective compared to single-use plastics. Furthermore, the lack of recycling facilities and the ban on single-use plastics can have a negative impact on the growth of the global foodservice disposables market, as these issues drive the demand for alternative solutions and increase costs.

COVID-19 Impact Analysis

The COVID-19 pandemic has impacted the global foodservice disposables market, both positively and negatively. The COVID-19 pandemic has increased the take-out and delivery services, which drives the demand for foodservice disposables such as to-go containers and cups. The COVID-19 pandemic has increased public awareness about hygiene and sanitation, boosting demand for foodservice disposables as a more hygienic option than reusable items.

The COVID-19 pandemic has declined in the foodservice industry, especially in sit-down restaurants, negatively impacting demand for foodservice disposables. The COVID-19 pandemic has disrupted the production and distribution of foodservice disposables. The COVID-19 pandemic has reduced consumer spending, as people have become more cautious with their finances due to job losses and economic uncertainty.

Therefore, the COVID-19 pandemic has had a mixed impact on the global foodservice disposables market, with some segments experiencing growth while others have experienced a decline. The long-term impact of the pandemic on the foodservice disposables market remains uncertain, as it depends on several factors, such as the duration of the pandemic and the pace of recovery in the foodservice industry.

Segment Analysis

The global foodservice disposables market is segmented based on material, product, application, end-user, distribution channel and region.

Plastic leads the material segment due to affordability, customizability, durability and easy availability.

The plastic as material segment dominates the global foodservice disposables market. Plastic foodservice disposables are affordable, making them a popular choice for foodservice operators looking to keep their costs low. Plastics are durable and can withstand high temperatures, making them ideal for hot food and drinks. Plastic disposables are widely available, making them easy to source for foodservice operators. Plastics can be customized in design, size and color, making them ideal for branding and marketing purposes.

Furthermore, the plastic material segment dominates the global foodservice disposables market due to its affordability, durability, availability and customizability advantages.

Geographical Analysis

Increased number of QSR in India drives the Asia-Pacific foodservice disposables market

The foodservice industry in China and India is growing rapidly and the increasing number of fast food chains and restaurants drives it. In India, the total food services market is projected to grow with a growth rate of 12.2% to $18.1 billion by FY25 from $10.2 billion in FY20. QSR currently dominates the sector with 19.95 lakh outlets. A busy lifestyle and more disposable income will contribute to the expansion of online meal ordering and delivery services. Online food delivery platforms offer a wide variety of food goods, which has led to significant changes in the Indian online delivery business due to the growth of digital technology, increased internet usage and smartphone penetration. Therefore, the growth in the Indian foodservice industry drives the growth of the global foodservice disposables market.

Competitive Landscape

The competition landscape of the global Foodservice disposables market is highly fragmented, with a higher number of small and large players operating in the market. There has been a growing trend toward acquisitions and mergers in recent years as companies expand their product offerings. The key players in the market are Mondi PLC, Sonoco Products Company, WestRock Company, Georgia-Pacific LLC, Huhtamaki, Amcor plc, Dart Container Corporation, Genpak, LLC, Hoffmaster Group, Inc. and Berry Global Inc.

Mondi PLC

Overview: Mondi is a global packaging and paper innovator that creates environmentally friendly packaging and paper solutions. The company manages forests and produces pulp, paper and plastic films to develop and manufacture effective industrial and consumer packaging solutions. The company was established in 1967 and is headquartered in Surrey, UK. Mondi is a publicly traded business with a listing on the JSE (Johannesburg Stock Exchange). It also has a premium listing on the London Stock Exchange. FTSE 100 company Mondi has been a member of the FTSE4Good Index Series since 2008 and the FTSE/JSE Responsible Investment Index Series since 2007.

Product Portfolio:

• Corrugated Packaging Solutions: It is known for its high quality and durability and is used in various applications, including food and beverage packaging, e-commerce packaging and retail displays. The corrugated packaging solutions are also eco-friendly and made from sustainable materials, making them an attractive choice for customers looking for environmentally friendly packaging options. Corrugated packaging solutions are manufactured using state-of-the-art equipment and advanced technology, which ensures consistent quality and performance.

Key Development: On March 23, 2022, To increase production and provide better customer service, Mondi, a leader in packaging and paper, invested US$303.32 million in corrugated packaging operations across four countries. This comprises around US$ 200.41 million across its network of corrugated solutions plants in eastern and central Europe and US$102.91 million at the containerboard mill owned by Mondi Wiecie in Poland.

Why Purchase the Report?

• To visualize the global foodservice disposables market segmentation based on material, product, application, end-user, distribution channel and region, as well as understand key commercial assets and players.
• Identify commercial opportunities in the global foodservice disposables market by analyzing trends and co-development.
• Excel data sheet with numerous data points of foodservice disposables market-level with all segments.
• PDF report consisting of cogently put together market analysis after exhaustive qualitative interviews and in-depth market study.
• Product mapping available as excel consisting of key products of all the major market players.

The global foodservice disposables market report would provide approximately 77 tables, 100 figures and 225 Pages.

Target Audience 2023

• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies