According to Stratistics MRC, the Global Foodservice Disposables Packaging market is accounted for $20.4 million in 2015 and is expected to reach $28.7 million by 2022 growing at a CAGR of 4.9% during the forecast period. In the Global Foodservice Disposables Packaging market retailing will be the highest growing market.
Demand for disposable foodservice packaging will be fostered by quick global expansion in the limited service restaurant sector, which depends heavily on single-use packaging. Ample of opportunities are provided by the growing fast food industry.
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North America commanded the largest market, followed by Europe and Asia Pacific. APAC region is estimated to be the highest growing market during the forecast period. China and India hold the strong potential in foodservice disposable market due to large population, rise in living standards led by high disposable income, growing fast-food industry and raise in demand for takeout food from service restaurants.
Some of the key players in the market include Novolex, Bemis Company Incorporated, Sonoco Products Company, International Paper Company, Airlite Plastics Company, Reynolds Group Holdings Limited, Inline Plastics Corporation, Anchor Packaging Incorporated, Genpak, Sealed Air Corporation, Cascades Incorporated, Genpak, Dolco Packaging, Huhtamaki Oyj, Inline Plastics Corporation and Spirit Foodservice.
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Products Covered:
• Packaging
• Wraps
• Containers
• Clamshells
• Paperboard
• Others
• Bags
• Lids & Domes
• Others
• Service ware
• Cups
• Beverage Cups
• Portion Cups
• Utensils
• Straws & Stirrers
• Cutlery
• Dinnerware
• Others
• Other Foodservice Disposables
• Napkins
• Moist Towelettes
• Others
End-Users Covered:
• Lodging & Hospitality
• Institutional
• Sports & Recreation
• Retail & Vending Machines
• Others
Raw Materials Covered:
• Plastic
• Paper & Paperboard
• Carryout bags
• Plates
• Doilies
• Egg cartons
• Bowls
• Trays
• Tray liners
• Aluminum
Regions Covered:
• North America
• US
• Canada
• Mexico
Europe
• Germany
• France
• Italy
• UK
• Spain
• Rest of Europe
• Asia Pacific
• Japan
• China
• India
• Australia
• New Zealand
• Rest of Asia Pacific
• Rest of the World
• Middle East
• Brazil
• Argentina
• South Africa
• Egypt
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