Global Food Service Disposable Market Size, Share, Growth Analysis, By Packaging Type(Rigid, Plates), By Material(Plastic, PP)

Description

Global Food Service Disposable Market size was valued at USD 27.80 billion in 2022 and is poised to grow from USD 29.58 billion in 2023 to USD 48.63 billion by 2031, growing at a CAGR of 6.41% during the forecast period (2024-2031).

Within the larger foodservice industry, the worldwide meal carrier disposable market is a vibrant and quickly changing sector. It offers an enormous selection of disposable items that restaurants, coffee shops, quick-service restaurant chains, caterers, and other foodservice establishments use. These products include things like napkins, meal boxes, silverware, mugs, and disposable plates. The market has grown significantly in recent years due to a number of important factors. There is a greater need for meal provider disposables due to the growing habit of eating out and the expansion of the fast-food industry. Today's consumers want comfort, and disposable goods offer a convenient and sanitary option for both dine-in and take-out meals.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Food Service Disposable Market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the Market size includes the following details: The key players in the Market were identified through secondary research, and their Market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top Market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Food Service Disposable Market Segmental Analysis

The worldwide food service disposable market is segmented on the idea of packaging type, material, application and place. By Packaging Type, the market is segmented into inflexible, plates, cups & glasses, trays & boxes, bowls & tubs, mugs & saucers, lids, flexible, wraps & films, others. By Material, the market is segmented into plastic, PP, PE, PS, PVC, Paper & paperboard, bagasse, polylactic acid, others. By Application, the market is segmented into food provider, complete service, quick provider, others, on-line shipping, institutional. By location, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

Drivers of the Global Food Service Disposable Market

Products from disposable meal providers, like boxes, plates, and silverware, make businesses and customers more comfortable. They eliminate the need for laundry dishes and are especially useful for fast-food restaurants, takeout, and catering services. Furthermore, given health concerns, using disposable devices could be considered a more hygienic option, especially in the wake of the COVID-19 pandemic.

Restraints in the Global Food Service Disposable Market

The growing issue of environmental sustainability is one of the main barriers affecting the global meal service disposable industry. Disposable electronics, particularly those composed of plastic, add to pollution and plastic waste. Biodegradable or compostable disposables are among the green alternatives that consumers, governments, and businesses are increasingly seeking for, even though they could be more costly to produce and buy.

Market Trends of the Global Food Service Disposable Market

Eco-Friendly and Sustainable Products: The rising desire for eco-friendly and sustainable products was one notable trend in the meal carrier disposable industry. Growing environmental consciousness among consumers and communities has resulted in a growing demand for disposable electronics composed of compostable or biodegradable materials, such as paper, plant-based polymers, or bamboo. In response to this trend, manufacturers created and promoted eco-friendly substitutes for conventional plastic disposables. Sustainability certifications and labeling have gained traction as customers looked for guarantees on the impact of the products they used on the environment.

Product Code: SQMIG15A2354

Executive Summary

Market Overview
Wheel of Fortune

Research Methodology

Information Procurement
Secondary & Primary Data Sources
Market Size Estimation
Market Assumptions & Limitations

Parent Market Analysis

Market Overview
Market Size
Market Dynamics
- Drivers
- Opportunities
- Restraints
- Challenges

Key Market Insights

Technology Analysis
Pricing Analysis
Supply Chain Analysis
Value Chain Analysis
Ecosystem of the Market
IP Analysis
Trade Analysis
Startup Analysis
Raw Material Analysis
Innovation Matrix
Pipeline Product Analysis
Macroeconomic Indicators
Top Investment Analysis
Key Success Factor
Degree of Competition

Market Dynamics & Outlook

Market Dynamics
- Drivers
- Opportunities
- Restraints
- Challenges
Regulatory Landscape
Porters Analysis
- Competitive rivalry
- Threat of Substitute Products
- Bargaining Power of Buyers
- Threat of New Entrants
- Bargaining Power of Suppliers
Skyquest Special Insights on Future Disruptions
- Political Impact
- Economic Impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact

Global Food Service Disposable Market by Packaging Type

Market Overview
Rigid
Plates
Cups & Glasses
Trays & Containers
Bowls & Tubs
Mugs & Saucers
Lids
Flexible
Wraps & Films
and Others

Global Food Service Disposable Market by Material

Market Overview
Plastic
PP
PE
PS
PVC
Paper & Paperboard
Bagasse
Polylactic Acid
and Others

Global Food Service Disposable Market Size by Region

Market Overview
North America
- USA
- Canada
Europe
- Germany
- Spain
- France
- UK
- Rest of Europe
Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Rest of Latin America
Middle East & Africa (MEA)
- GCC Countries
- South Africa
- Rest of MEA

Competitive Landscape

Top 5 Player Comparison
Market Positioning of Key Players, 2023
Strategies Adopted by Key Market Players
Top Winning Strategies
- By Development
- By Company
- By Year
Recent Activities in the Market
Key Companies Market Share (%), 2023

Key Company Profiles

Dart Container Corporation (USA)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Georgia-Pacific LLC (USA)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Huhtamaki Group (Finland)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Pactiv LLC (USA)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Bunzl plc (United Kingdom)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Genpak LLC (USA)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Sabert Corporation (USA)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Anchor Packaging (USA)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Reynolds Group Holdings (New Zealand)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Novolex Holdings (USA)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
DOpla S.p.A. (Italy)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Detpak (Australia)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Visy (Australia)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Go-Pak UK Ltd (United Kingdom)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Airlite Plastics Co. (USA)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Eco-Products, Inc. (USA)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Bionatic GmbH & Co. KG (Germany)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
PulpWorks, Inc. (USA)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Panda Packaging (Poland)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
F Bender Limited (United Kingdom)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Sabert Europe (Belgium)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Packaging Personified, Inc. (USA)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Union Packaging (USA)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Fabri-Kal Corporation (USA)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
CKF Inc. (Canada)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments

Global Food Service Disposable Market Size, Share, Growth Analysis, By Packaging Type(Rigid, Plates), By Material(Plastic, PP) - Industry Forecast 2024-2031