Global Market of Foodservice Packaging: Industry Estimated to Ride on an Impressive 7.5% CAGR through the Forecast Period 2017-2026

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Rockville, US, 2018-May-11 — /EPR Network/ — A freshly compiled business intelligent report, titled Foodservice Packaging Market Research Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2026” has been publicized to the vast archive of Fact.MR online repository. This 170-page study delivers all the vital details and information required to know about foodservice packaging market current as well as future prospects. The analysts of the study have gone through extensive research methodologies in order to generate data and information that reflects the latest market undercurrents and industry trends. For a deeper understanding of the market, a sub-category level analysis has been elaborated, by which readers and investors of the report will able to know that where the market stands to gain.

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Fact.MR has compiled a new report on the global foodservice packaging market. The report projects the global market for foodservice packaging to ride on an impressive 7.5% CAGR through the forecast period (2017-2026), in terms of value. Over 54,000 ‘000 tons of foodservice packaging products are likely to be sold across the globe by 2026-end.With growing health-consciousness among consumers worldwide, a large number of commercial and non-commercial foodservice outlets that serve healthy and nutritious meals have emerged over the past few years, helping consumers in curtailing their calorie intake. This has further created the need for effective packaging in these foodservice outlets.

In addition, growing preference for ready-to-eat food, changing consumer demand patterns regarding food packaging, and rising emphasis on use of convenient packaging have driven the demand for foodservice packaging. Vendors in the foodservice packaging market are introducing innovative packaging products for takeaway and home delivery food. These vendors are implementing several innovations in foodservice packaging such as compostable packaging and biodegradable packaging. Recently, corrugated packaging has gained immense traction in the foodservice industry on the back of its thermal properties, the ability to retain freshness of food products for extended duration, and preventing food from releases & spills. Additionally, many players have started introducing sustainable packaging products, meanwhile continuously working on recyclable and reusable packaging materials.

North America to Remain Fast-expanding market for Foodservice Packaging

Despite mature state of foodservice packaging market in North America, the industry demand continues to witness expansion, mainly driven by high demand from foodservice settings in the U.S. Hectic and busy lifestyle of people in North America has led them to opt for ready-to-go and convenient food. In addition, proliferation in home deliveries of food products by various foodservice outlets has further created demand for food service packaging in the region. North America will prevail as the fast-expanding and the most remunerative market for foodservice packaging.

Competition Tracking

The global market for foodservice packaging is extremely fragmented in nature, owing to the presence of a larger number of large and small vendors. The occupancy of multiple market players has created challenges for players in retaining customer’s loyalty. Vendors in this heterogeneous market are competing in terms of packaging innovation, pricing strategy, and quality. High intensity of competition between players has led them to provide customized solutions and services along with attractive loyalty-based offers for retaining high-value customers. Key foodservice packaging companies supporting the market expansion include Huhtamaki Oyj, Genpak, LLC, Linpac Packaging, Pactiv LLC, D&W Fine Pack, Sealed Air Corporation, Stanpac Inc., Smurfit Kappa Group, WestRock Company, and DS Smith.

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Table of Contents:

  1. Global Economic Outlook
  2. Global Foodservice Packaging Market – Executive Summary
  3. Global Foodservice Packaging Market Overview
    3.1. Introduction
    3.1.1. Global Foodservice Packaging Market Taxonomy
    3.1.2. Global Foodservice Packaging Market Definition
    3.2. Global Foodservice Packaging Market Size (US$ Mn), Volume (‘000 Tonnes) and Forecast, 2012-2026
    3.2.1. Global Foodservice Packaging Market Y-o-Y Growth
    3.3. Global Plastic Containers Market Dynamics
    3.4. Retail Industry- Top 250 Players Quick Statistics
    3.5 Top 10 Retailers (2017)
    3.6. Geographic Analysis- Retail Industry Analysis
    3.7 Retail revenue growth and profitability by region/country, FY2017
    3.8. Product Sector Analysis
    3.9 Retail revenue growth and profitability by region/country, FY2017
    3.10. Retail revenue growth and profitability by primary product sector, FY2017
    3.11. Top 10 Upcoming Retail Outlets
    3.12. Global Retail Development Index 2017
    3.13. Supply Chain of Plastic Containers Market
    3.14. Cost Structure of Plastic Containers Market
    3.15. Porter’s Five Forces analysis
    3.16. Product Life Cycle of Plastic Containers Market
    3.17. Key Participants Market Presence (Intensity Map) By Region
  4. Global Foodservice Packaging Market Supply Demand Analysis 
    4.1. Number of Manufacturers by Region
    4.2. Production Volume by Key Players
    4.3. Importer Concentration by Region

Continued…………..

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