On-the-go Food Packaging Market Size, Share, Growth, Sales, Demand and Competition Examined till 2026 in a New Market Report

Posted on 2018-08-08 by Mark Hub in Industrial // 0 Comments

Fact.MR

Rockville, US, 2018-Aug-08 — /EPR Network/ — Proactive consumer lifestyles and increasing pace of food preparation methods has driven the demand for packaging on-the-go foods. As the demand for on-the-go foods continues to soar across multiple regions, consumers are demanding innovative packaging solutions. Leading players in the global packaging landscape are actively partaking in the global on-the-go food packaging market to reap high profit margins and brimming demand. Fact.MR’s latest forecast study on the global on-the-go food packaging market estimates that the global demand for on-the-go food packaging will soar robustly during the assessment period, 2017-2026. By the end of 2026, the global on-the-go food packaging market is expected to register a valuation over one billion dollars. The report further observes that during the forecast period, the global market for on-the-go food packaging will register a volume CAGR of 5.8%.

Increasing demand for on-the-go foods, coupled with proactive consumer lifestyles has driven the demand for effective packaging solutions. New designs and innovative solutions for on-the-go food packaging are emerging across the globe. According to Fact.MR’s latest market study, the global market for on-the-go food packaging is forecasted to expand at a value CAGR of 6.3% during the period, 2017-2026. By the end of this forecast period, the global on-the-go food packaging market is estimated to register sales of over 7,350 thousand tons of on-the-go food packaging products across the globe.

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Consumption of Polyethylene Terephthalate Materials to Remain High through 2026

The report reveals that polyethylene terephthalate will remain a highly-used packaging material in the global on-the-go food packaging market throughout the forecast period. In 2017, more than 1,600 thousand tons of on-the-go food packaging products sold in the world were made of polyethylene terephthalate. The report has also observed a growing use of high density polyethylene and aluminum as key on-the-go food packaging materials in the global packaging landscape. Over the forecast period, on-the-go food packaging products made of aluminum and high density polyethylene will register robust volume CAGRs.

Rigid Boxes to Remain Top-sellers for On-the-go Food Packaging

Effective use of rigid containers to carry and serve on-the-go foods has driven their demand in the global on-the-go food packaging landscape. Over the forecast period, rigid boxes are estimated to register highest volume CAGR of 6.3% in terms of packaging type. Key findings from the report also reveal that majority of on-the-go food packaging products will be used for convenience food applications. The application of on-the-go food packaging in convenience foods is estimated to account for approximately 50% of the overall global market volumes during the forecast period. Through 2026, majority of on-the-go food packaging products will be fabricated through thermoforming techniques.

Competition Tracking

Leading companies in the global on-the-go food packaging market have been profiled in the report. Companies namely, Mondi Group, Amcor Limited, Bemis Company Inc., Sonoco Products Company, Huhtamäki Oyj, Smurfit Kappa Group PLC, Georgia-Pacific LLC, Sealed Air Corporation, Constantia Flexibles Group GmbH, and Berry Plastic Group, Inc. are expected to spearhead the production of on-the-go food packaging products across the globe during the forecast period. Integrating smart packaging technologies and introducing new packaging designs will be a key characteristic of the global on-the-go food packaging manufacturing landscape in the foreseeable future.

Six Key Pointers Highlighting Fact.MR’s Forecast on Global On-the-go Food Packaging Market

With respect to packaging materials, polyethylene terephthalate is expected to register highest consumption in the global on-the-go food packaging market. In 2017, more than 1,650 thousand tons of on-the-go food packaging products made of polyethylene terephthalate were sold globally. High density polyethylene and aluminum are also observed as key packaging materials, and are expected to register high volume CAGRs over the forecast period.
In 2017, over 500 thousand tons of on-the-go food packaging trays were sold in the global market. The report estimates a robust demand for trays as the key type of on-the-go food packaging. The report further reveals that rigid boxes will represent the leading packaging-type segment, and will register a volume CAGR of 6.3% over the forecast period.
By the end of forecast period, over 3,800 thousand tons of on-the-go food packaging products will be used for convenience food applications worldwide.
In 2018 and beyond, majority of on-the-go food packaging products will be developed with thermoforming fabrication.
The report further reveals that the US and Canada are collectively the largest marketplace for on-the-go food packaging. High consumption of on-the-go foods in these countries will continue to drive the growth of North America in the global on-the-go food packaging market. By the end of 2026, North America’s on-the-go food packaging market is estimated to register sales of over 1,900 thousand tons.
The report also reveals that the Asia-Pacific excluding Japan (APEJ) region will be the key region for manufacturing on-the-go food packaging products. Over the forecast period, the APEJ on-the-go food packaging market is estimated to register a volume CAGR of 6.1%.

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Table of Content:

Global Economic Outlook
Global On-the-go Food Packaging Market – Executive Summary
Global On-the-go Food Packaging Market Overview
3.1. Introduction
3.1.1. Global On-the-go Food Packaging Market Taxonomy
3.1.2. Global On-the-go Food Packaging Market Definition
3.2. Global On-the-go Food Packaging Market Size (US$ Mn), Volume (‘000 Tonnes) and Forecast, 2012-2026
3.2.1. Global On-the-go Food Packaging Market Y-o-Y Growth
3.3. Global On-the-go Food Packaging 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 On-the-go Food Packaging Market
3.14. Cost Structure of On-the-go Food Packaging Market
3.15 Porter’s Five Forces analysis
3.16. Product Life Cycle of On-the-go Food Packaging Market
3.17. Key Participants Market Presence (Intensity Map) By Region
Global On-the-go Food Packaging Market Supply Demand Analysis
4.1. Number of Manufacturers by Region
Pricing Point Analysis
5.1. Price Point Assessment by Region

Continued……………..

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