Food Service Packaging Market - Global Industry Analysis

Name: Food Service Packaging Market by Material (Plastic, Metal and Others), by Type (Paper & Paperboard, Flexible Plastic, Rigid Plastic, Beverages Cans and Others), and by Application (Meat & Poultry, Beverages, Dairy Products, Fruits & Vegetables, Bakery & Confectionery and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2017 - 2024
Brand: Zion Market Research
SKU: ZMR-2788
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Food Service Packaging Market by Material (Plastic, Metal and Others), by Type (Paper & Paperboard, Flexible Plastic, Rigid Plastic, Beverages Cans and Others), and by Application (Meat & Poultry, Beverages, Dairy Products, Fruits & Vegetables, Bakery & Confectionery and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2017 - 2024

Published Date: 05-Jun-2018 Category: Food & Beverage Report Format : PDF Pages: 110 Report Code: ZMR-2788 Status : Published

Global food service packaging market expected to reach around USD 89.98 billion by the end of 2024, growing at a CAGR of around 5.6% between 2017 and 2024. Food service packaging is a type of packaging, used by food service outlets, which can be either single-use food service or sometimes can be re-packed and used again.

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Description

The report covers forecast and analysis for the food service packaging market on a global and regional level. The study provides historic data of 2015 to 2017 along with a forecast from 2018 to 2024 based on revenue (USD Billion). The study includes drivers and restraints for the food service packaging market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the food service packaging market on a global level.

In order to give the users of this report a comprehensive view on the food service packaging market, we have included a competitive landscape and analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all segments are benchmarked based on their market size, growth rate, and general attractiveness.

Global Food Service Packaging Market

The report provides company market share analysis in order to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new product launch, agreements, partnerships, collaborations & joint ventures, research & development, product and regional expansion of major participants involved in the market.

The study provides a decisive view on the food service packaging market by segmenting it on the basis of material, type, application, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2018 to 2024. The material segment is divided into plastic, metal, and others. The type segment includes paper & paperboard, flexible plastic, rigid plastic, beverage cans, and others. Based on application, the market is segmented into meat & poultry products, dairy products, beverages, fruits & vegetables, bakery & confectionery, and others. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America and the Middle East & Africa with its further bifurcation into major countries including the U.S., UK, Germany, France, China, Japan, India, Brazil, etc. This segmentation includes demand for food service packaging market based on all segments in all the regions and countries.

The report also includes detailed profiles of end players such as Golden Box Ltd., Huhtamaki OYJ, Genpak LLC, D&W Fine Pack, Linpac Packaging, Gold Plast SPA, Pactiv LLC, Smurfit Kappa Group, Stanpac Inc. and WestRock Company.

This report segments the global food service packaging market as follows:

Global Food Service Packaging Market: Material Segment Analysis

Plastic
Metal
Others

Global Food Service Packaging Market: Type Segment Analysis

Paper & Paperboard
Flexible Plastic
Rigid Plastic
Beverage Cans
Others

Global Food Service Packaging Market: Application Segment Analysis

Meat & Poultry Products
Dairy Products
Beverages
Fruits & Vegetables
Bakery & Confectionery
Others

Global Food Service Packaging Market: Regional Segment Analysis

North America
- The U.S.
Europe
- The UK
- France
- Germany
The Asia Pacific
- China
- Japan
- India
Latin America
- Brazil
The Middle East and Africa

Table Of Content

Chapter 1. Introduction
- 1.1. Report description and scope
- 1.2. Research scope
- 1.3. Research methodology
  - 1.3.1. Market research process
  - 1.3.2. Market research methodology
Chapter 2. Executive Summary
- 2.1. Global food service packaging market, 2015 - 2024 (USD Billion)
- 2.2. Global food service packaging market: Snapshot
Chapter 3. Food Service Packaging Market - Market Dynamics
- 3.1. Introduction
- 3.2. Market drivers
  - 3.2.1. Global food service packaging market drivers: Impact analysis
  - 3.2.2. Rising Demand for Bioplastics as a Sustainable Food Packaging Solutions
  - 3.2.3. Increasing Consumption of Fast Food
- 3.3. Market Restraints
  - 3.3.1. Global food service packaging market restraints: Impact analysis
  - 3.3.2. Stringent Rules & Regulations
- 3.4. Opportunities
  - 3.4.1. Modern Technologies in the Packaging Industry
- 3.5. Porter's five forces analysis
  - 3.5.1. Bargaining power of suppliers
  - 3.5.2. Bargaining power of buyers
  - 3.5.3. Threat from new entrants
  - 3.5.4. Threat from new substitutes
  - 3.5.5. Degree of competition
- 3.6. Market attractiveness analysis
  - 3.6.1. Market attractiveness analysis, by material segment
  - 3.6.2. Market attractiveness analysis, by type segment
  - 3.6.3. Market attractiveness analysis, by application segment
  - 3.6.4. Market attractiveness analysis, by regional segment
Chapter 4. Global Food Service Packaging Market - Competitive Landscape
- 4.1. Company market share analysis
  - 4.1.1. Global food service packaging market: company market share, 2017
- 4.2. Strategic development
  - 4.2.1. Acquisitions & mergers
  - 4.2.2. New product launch
  - 4.2.3. Agreements, partnerships, collaborations and joint ventures
  - 4.2.4. Research and development and regional expansion
- 4.3. Price trend analysis
Chapter 5. Global Food Service Packaging Market - Material Segment Analysis
- 5.1. Global food service packaging market: Material overview
  - 5.1.1. Global food service packaging market revenue share, by material, 2017 and 2024
- 5.2. Plastic
  - 5.2.1. Global food service packaging market for Plastic, 2015 - 2024 (USD Billion)
- 5.3. Metal
  - 5.3.1. Global food service packaging market for metal, 2015 - 2024 (USD Billion)
- 5.4. Others
  - 5.4.1. Global food service packaging market for others, 2015 - 2024 (USD Billion)
Chapter 6. Global Food Service Packaging Market - Type Segment Analysis
- 6.1. Global food service packaging market: Type overview
  - 6.1.1. Global food service packaging market revenue share, by type, 2017 and 2024
- 6.2. Paper & Paperboard
  - 6.2.1. Global food service packaging market by Paper & Paperboard, 2015 - 2024 (USD Billion)
- 6.3. Flexible Plastic
  - 6.3.1. Global food service packaging market by Flexible Plastic, 2015 - 2024 (USD Billion)
- 6.4. Rigid Plastic
  - 6.4.1. Global food service packaging market by rigid plastic, 2015 - 2024 (USD Billion)
- 6.5. Beverage Cans
  - 6.5.1. Global food service packaging market by beverage cans, 2015 - 2024 (USD Billion)
- 6.6. Others
  - 6.6.1. Global food service packaging market by other materials, 2015 - 2024 (USD Billion)
Chapter 7. Global Food Service Packaging Market - Application Segment Analysis
- 7.1. Global food service packaging market: Application overview
  - 7.1.1. Global food service packaging market revenue share, by application, 2017 and 2024
- 7.2. Meat & Poultry
  - 7.2.1. Global food service packaging market for meat & poultry, 2015 - 2024 (USD Billion)
- 7.3. Beverages
  - 7.3.1. Global food service packaging market for beverages, 2015 - 2024 (USD Billion)
- 7.4. Dairy Products
  - 7.4.1. Global food service packaging market for dairy products, 2015 - 2024 (USD Billion)
- 7.5. Fruits & Vegetables
  - 7.5.1. Global food service packaging market by fruits & vegetables, 2015 - 2024 (USD Billion)
- 7.6. Bakery & Confectionery
  - 7.6.1. Global food service packaging market by bakery & confectionary, 2015 - 2024 (USD Billion)
- 7.7. Others
  - 7.7.1. Global food service packaging market by other distribution channels, 2015 - 2024 (USD Billion)
Chapter 8. Global Food Service Packaging Market- Regional Segment Analysis
- 8.1. Global food service packaging market: Regional overview
  - 8.1.1. Global food service packaging market revenue share, by region, 2017 and 2024
- 8.2. North America
  - 8.2.1. North America food service packaging market, 2015 - 2024 (USD Billion)
  - 8.2.2. North America food service packaging market revenue, by material, 2015 - 2024 (USD Billion)
  - 8.2.3. North America food service packaging market revenue, by type, 2015 - 2024 (USD Billion)
  - 8.2.4. North America food service packaging market revenue, by application, 2015 - 2024 (USD Billion)
  - 8.2.5. U.S.
    - 8.2.5.1. U.S. food service packaging market revenue, by material, 2015 - 2024 (USD Billion)
    - 8.2.5.2. U.S. food service packaging market revenue, by type, 2015 - 2024 (USD Billion)
    - 8.2.5.3. U.S. food service packaging market revenue, by application, 2015 - 2024 (USD Billion)
  - 8.2.6. Rest of North America
    - 8.2.6.1. Rest of North America food service packaging market revenue, by material, 2015 - 2024 (USD Billion)
    - 8.2.6.2. Rest of North America food service packaging market revenue, by type, 2015 - 2024 (USD Billion)
    - 8.2.6.3. Rest of North America food service packaging market revenue, by application, 2015 - 2024 (USD Billion)
- 8.3. Europe
  - 8.3.1. Europe food service packaging market, 2015 - 2024 (USD Billion)
  - 8.3.2. Europe food service packaging market revenue, by material, 2015 - 2024 (USD Billion)
  - 8.3.3. Europe food service packaging market revenue, by type, 2015 - 2024 (USD Billion)
  - 8.3.4. Europe food service packaging market revenue, by application, 2015 - 2024 (USD Billion)
  - 8.3.5. UK
    - 8.3.5.1. UK food service packaging market revenue, by material, 2015 - 2024 (USD Billion)
    - 8.3.5.2. UK food service packaging market revenue, by type, 2015 - 2024 (USD Billion)
    - 8.3.5.3. UK food service packaging market revenue, by application, 2015 - 2024 (USD Billion)
  - 8.3.6. Germany
    - 8.3.6.1. Germany food service packaging market revenue, by material, 2015 - 2024 (USD Billion)
    - 8.3.6.2. Germany food service packaging market revenue, by type, 2015 - 2024 (USD Billion)
    - 8.3.6.3. Germany food service packaging market revenue, by application, 2015 - 2024 (USD Billion)
  - 8.3.7. France
    - 8.3.7.1. France food service packaging market revenue, by material, 2015 - 2024 (USD Billion)
    - 8.3.7.2. France food service packaging market revenue, by type, 2015 - 2024 (USD Billion)
    - 8.3.7.3. France food service packaging market revenue, by application, 2015 - 2024 (USD Billion)
  - 8.3.8. Rest of Europe
    - 8.3.8.1. Rest of Europe food service packaging market revenue, by material, 2015 - 2024 (USD Billion)
    - 8.3.8.2. Rest of Europe food service packaging market revenue, by type, 2015 - 2024 (USD Billion)
    - 8.3.8.3. Rest of Europe food service packaging market revenue, by application, 2015 - 2024 (USD Billion)
- 8.4. Asia Pacific
  - 8.4.1. Asia Pacific food service packaging market, 2015 - 2024 (USD Billion)
  - 8.4.2. Asia Pacific food service packaging market revenue, by material, 2015 - 2024 (USD Billion)
  - 8.4.3. Asia Pacific food service packaging market revenue, by type, 2015 - 2024 (USD Billion)
  - 8.4.4. Asia Pacific food service packaging market revenue, by application, 2015 - 2024 (USD Billion)
  - 8.4.5. China
    - 8.4.5.1. China food service packaging market revenue, by material, 2015 - 2024 (USD Billion)
    - 8.4.5.2. China food service packaging market revenue, by type, 2015 - 2024 (USD Billion)
    - 8.4.5.3. China food service packaging market revenue, by application, 2015 - 2024 (USD Billion)
  - 8.4.6. Japan
    - 8.4.6.1. Japan food service packaging market revenue, by material, 2015 - 2024 (USD Billion)
    - 8.4.6.2. Japan food service packaging market revenue, by type, 2015 - 2024 (USD Billion)
    - 8.4.6.3. Japan food service packaging market revenue, by application, 2015 - 2024 (USD Billion)
  - 8.4.7. India
    - 8.4.7.1. India food service packaging market revenue, by material, 2015 - 2024 (USD Billion)
    - 8.4.7.2. India food service packaging market revenue, by type, 2015 - 2024 (USD Billion)
    - 8.4.7.3. India food service packaging market revenue, by application, 2015 - 2024 (USD Billion)
  - 8.4.8. Rest of Asia Pacific
    - 8.4.8.1. Rest of Asia Pacific food service packaging market revenue, by material, 2015 - 2024 (USD Billion)
    - 8.4.8.2. Rest of Asia Pacific food service packaging market revenue, by type, 2015 - 2024 (USD Billion)
    - 8.4.8.3. Rest of Asia Pacific food service packaging market revenue, by application, 2015 - 2024 (USD Billion)
- 8.5. Latin America
  - 8.5.1. Latin America food service packaging market, 2015 - 2024 (USD Billion)
  - 8.5.2. Latin America food service packaging market revenue, by material, 2015 - 2024 (USD Billion)
  - 8.5.3. Latin America food service packaging market revenue, by type, 2015 - 2024 (USD Billion)
  - 8.5.4. Latin America food service packaging market revenue, by application, 2015 - 2024 (USD Billion)
  - 8.5.5. Brazil
    - 8.5.5.1. Brazil food service packaging market revenue, by material, 2015 - 2024 (USD Billion)
    - 8.5.5.2. Brazil food service packaging market revenue, by type, 2015 - 2024 (USD Billion)
    - 8.5.5.3. Brazil food service packaging market revenue, by application, 2015 - 2024 (USD Billion)
  - 8.5.6. Rest of Latin America
    - 8.5.6.1. Rest of Latin America food service packaging market revenue, by material, 2015 - 2024 (USD Billion)
    - 8.5.6.2. Rest of Latin America food service packaging market revenue, by type, 2015 - 2024 (USD Billion)
    - 8.5.6.3. Rest of Latin America food service packaging market revenue, by application, 2015 - 2024 (USD Billion)
- 8.6. Middle East and Africa
  - 8.6.1. Middle East and Africa food service packaging market, 2015 - 2024 (USD Billion)
  - 8.6.2. Middle East and Africa food service packaging market revenue, by material, 2015 - 2024 (USD Billion)
  - 8.6.3. Middle East and Africa food service packaging market revenue, by type, 2015 - 2024 (USD Billion)
  - 8.6.4. Middle East and Africa food service packaging market revenue, by application, 2015 - 2024 (USD Billion)
Chapter 9. Company Profile
- 9.1. Golden Box Ltd.
  - 9.1.1. Overview
  - 9.1.2. Financials
  - 9.1.3. Product Portfolio
  - 9.1.4. Business Strategy
  - 9.1.5. Recent Developments
- 9.2. Huhtamaki Oyj
  - 9.2.1. Overview
  - 9.2.2. Financials
  - 9.2.3. Product Portfolio
  - 9.2.4. Business Strategy
  - 9.2.5. Recent Developments
- 9.3. Genpak LLC
  - 9.3.1. Overview
  - 9.3.2. Financials
  - 9.3.3. Product Portfolio
  - 9.3.4. Business Strategy
  - 9.3.5. Recent Developments
- 9.4. D&W Fine Pack LLC
  - 9.4.1. Overview
  - 9.4.2. Financials
  - 9.4.3. Product Portfolio
  - 9.4.4. Business Strategy
  - 9.4.5. Recent Developments
- 9.5. Klockner Pentaplast
  - 9.5.1. Overview
  - 9.5.2. Financials
  - 9.5.3. Product Portfolio
  - 9.5.4. Business Strategy
  - 9.5.5. Recent Developments
- 9.6. Gold Plast SPA
  - 9.6.1. Overview
  - 9.6.2. Financials
  - 9.6.3. Product Portfolio
  - 9.6.4. Business Strategy
  - 9.6.5. Recent Developments
- 9.7. Pactiv LLC
  - 9.7.1. Overview
  - 9.7.2. Financials
  - 9.7.3. Product Portfolio
  - 9.7.4. Business Strategy
  - 9.7.5. Recent Developments
- 9.8. Smurfit Kappa Group
  - 9.8.1. Overview
  - 9.8.2. Financials
  - 9.8.3. Product Portfolio
  - 9.8.4. Business Strategy
  - 9.8.5. Recent Developments
- 9.9. Stanpac Inc.
  - 9.9.1. Overview
  - 9.9.2. Financials
  - 9.9.3. Product Portfolio
  - 9.9.4. Business Strategy
  - 9.9.5. Recent Developments
- 9.10. WestRock Company
  - 9.10.1. Overview
  - 9.10.2. Financials
  - 9.10.3. Product Portfolio
  - 9.10.4. Business Strategy
  - 9.10.5. Recent Developments

Table Of Figures

List of Figures

1. Market research process
2. Market research methodology
3. Global food service packaging market revenue, 2015 – 2024 (USD Billion)
4. Porter’s five forces analysis
5. Food Service Packaging market attractiveness analysis, by material segment
6. Food Service Packaging market attractiveness analysis, by type segment
7. Food Service Packaging market attractiveness analysis, by application segment
8. Food Service Packaging market: market attractiveness analysis, by regional segment
9. Company market share analysis, 2017
10. Global food service packaging market revenue share by material, 2017 and 2024
11. Global food service packaging market for plastic, 2015 – 2024 (USD Billion)
12. Global food service packaging market for metal, 2015 – 2024 (USD Billion)
13. Global food service packaging market for others, 2015 – 2024 (USD Billion)
14. Global food service packaging market revenue share by type, 2017 and 2024
15. Global food service packaging market by paper & paperboard, 2015 – 2024 (USD Billion)
16. Global food service packaging market by flexible plastic, 2015 – 2024 (USD Billion)
17. Global food service packaging market by rigid plastic, 2015 – 2024 (USD Billion)
18. Global food service packaging market by beverage cans, 2015 – 2024 (USD Billion)
19. Global food service packaging market by others, 2015 – 2024 (USD Billion)
20. Global food service packaging market revenue share by application, 2017 and 2024
21. Global food service packaging market for meat & poultry, 2015 – 2024 (USD Billion)
22. Global food service packaging market for beverages, 2015 – 2024 (USD Billion)
23. Global food service packaging market for dairy products, 2015 – 2024 (USD Billion)
24. Global food service packaging market for fruits & vegetables, 2015 – 2024 (USD Billion)
25. Global food service packaging market for bakery & confectionery, 2015 – 2024 (USD Billion)
26. Global food service packaging market for others, 2015 – 2024 (USD Billion)
27. North America food service packaging market revenue, 2015-2024 (USD Billion)
28. Europe food service packaging market revenue, 2015-2024 (USD Billion)
29. Asia Pacific food service packaging market revenue, 2015-2024 (USD Billion)
30. Latin America food service packaging market revenue 2015-2024 (USD Billion)
31. The Middle East and Africa market revenue, 2015-2024(USD Billion)

Table Of Tables

List of Tables

1. Global food service packaging market: Market Snapshot
2. Drivers of global food service packaging market: Impact analysis
3. Restraints of global food service packaging market: Impact analysis
4. North America food service packaging market revenue, by material, 2015 – 2024 (USD Billion)
5. North America food service packaging market revenue, by type, 2015 – 2024 (USD Billion)
6. North America food service packaging market revenue, by application, 2015 – 2024 (USD Billion)
7. U.S. food service packaging market revenue, by material, 2015 – 2024 (USD Billion)
8. U.S. food service packaging market revenue, by type, 2015 – 2024 (USD Billion)
9. U.S. food service packaging market revenue, by application, 2015 – 2024 (USD Billion)
10. Rest of North America food service packaging market revenue, by material, 2015 – 2024 (USD Billion)
11. Rest of North America food service packaging market revenue, by type, 2015 – 2024 (USD Billion)
12. Rest of North America food service packaging market revenue, by application, 2015 – 2024 (USD Billion)
13. Europe food service packaging market revenue, by material, 2015 – 2024 (USD Billion)
14. Europe food service packaging market revenue, by type, 2015 – 2024 (USD Billion)
15. Europe food service packaging market revenue, by application, 2015 – 2024 (USD Billion)
16. UK food service packaging market revenue, by material, 2015 – 2024 (USD Billion)
17. UK food service packaging market revenue, by type, 2015 – 2024 (USD Billion)
18. UK food service packaging market revenue, by application, 2015 – 2024 (USD Billion)
19. Germany food service packaging market revenue, by material, 2015 – 2024 (USD Billion)
20. Germany food service packaging market revenue, by type, 2015 – 2024 (USD Billion)
21. Germany food service packaging market revenue, by application, 2015 – 2024 (USD Billion)
22. France food service packaging market revenue, by material, 2015 – 2024 (USD Billion)
23. France food service packaging market revenue, by type, 2015 – 2024 (USD Billion)
24. France food service packaging market revenue, by application, 2015 – 2024 (USD Billion)
25. Rest of Europe food service packaging market revenue, by material, 2015 – 2024 (USD Billion)
26. Rest of Europe food service packaging market revenue, by type, 2015 – 2024 (USD Billion)
27. Rest of Europe food service packaging market revenue, by application, 2015 – 2024 (USD Billion)
28. Asia Pacific food service packaging market revenue, by material, 2015 – 2024 (USD Billion)
29. Asia Pacific food service packaging market revenue, by type, 2015 – 2024 (USD Billion)
30. Asia Pacific food service packaging market revenue, by application, 2015 – 2024 (USD Billion)
31. China food service packaging market revenue, by material, 2015 – 2024 (USD Billion)
32. China food service packaging market revenue, by type, 2015 – 2024 (USD Billion)
33. China food service packaging market revenue, by application, 2015 – 2024 (USD Billion)
34. Japan food service packaging market revenue, by material, 2015 – 2024 (USD Billion)
35. Japan food service packaging market revenue, by type, 2015 – 2024 (USD Billion)
36. Japan food service packaging market revenue, by application, 2015 – 2024 (USD Billion)
37. India food service packaging market revenue, by material, 2015 – 2024 (USD Billion)
38. India food service packaging market revenue, by type, 2015 – 2024 (USD Billion)
39. India food service packaging market revenue, by application, 2015 – 2024 (USD Billion)
40. Rest of Asia Pacific food service packaging market revenue, by material, 2015 – 2024 (USD Billion)
41. Rest of Asia Pacific food service packaging market revenue, by type, 2015 – 2024 (USD Billion)
42. Rest of Asia Pacific food service packaging market revenue, by application, 2015 – 2024 (USD Billion)
43. Latin America food service packaging market revenue, by material, 2015 – 2024 (USD Billion)
44. Latin America food service packaging market revenue, by type, 2015 – 2024 (USD Billion)
45. Latin America food service packaging market revenue, by application, 2015 – 2024 (USD Billion)
46. Brazil food service packaging market revenue, by material, 2015 – 2024 (USD Billion)
47. Brazil food service packaging market revenue, by type, 2015 – 2024 (USD Billion)
48. Brazil food service packaging market revenue, by application, 2015 – 2024 (USD Billion)
49. Rest of Latin America food service packaging market revenue, by material, 2015 – 2024 (USD Billion)
50. Rest of Latin America food service packaging market revenue, by type, 2015 – 2024 (USD Billion)
51. Rest of Latin America food service packaging market revenue, by application, 2015 – 2024 (USD Billion)
52. Middle East and Africa food service packaging market revenue, by material, 2015 – 2024 (USD Billion)
53. Middle East and Africa food service packaging market revenue, by type, 2015 – 2024 (USD Billion)
54. The Middle East and Africa food service packaging market revenue, by application, 2015 – 2024 (USD Billion)

Methodology

Free Analysis

Food service packaging is a technique used by commercial and non-commercial foodservice outlets to pack their food products for services like home delivery and takeaway. The vendors in food service packaging use various new innovative ideas for packaging of food products. Food service packaging consists of wide range of packaging products, such as bowls, plates, cups, clamshells, wraps, etc. The main goal of food service packaging industry is to encompass reducing the adverse effect on the environment while differentiating a brand and food buying experience through packaging innovation.

There is a paradigm shift of consumers in the food consumption pattern from traditional food to packaged food. This rapid increase in the utilization of packed food products across the globe has mainly driven the food service packaging market. Variety of packaging materials, types, and technologies helps the packaging industry provide innovative, safe, and sustainable packaging solutions for different products. Changing lifestyles, urbanization, increase in the working population especially women population, increase in preference for ready to consume foods, use of bioplastics as a sustainable food packaging solution and increasing consumption of fast foods are some of the factors driving the growth of food service packaging market. Also, the use of the online food services has fueled the growth of the market. Stringent rules and regulations for the use of synthetic material and management of industrial waste have affected the growth of the market.

Global Food Service Packaging Market

The material segment is divided into plastic, metal, and others. The plastic segment is anticipated to dominate the global food service packaging market. For food packaging, plastics have various applications such as in sealed shut wraps, bottles, containers, etc. This drives the growth of the global plastic segment. The type segment includes paper & paperboard, flexible plastic, rigid plastic, beverage cans, and others. The paper & paperboard segment is expected to dominate the global food service packaging market in the forecast period. Paper & paperboard are printable and have physical properties which enable them to be made into the flexible and rigid packaging. Due to these properties, there is an increase in demand for paper & paperboard across the globe. Based on application, the market is segmented into meat & poultry products, dairy products, beverages, fruits & vegetables, bakery & confectionery, and others. The meat & poultry segment dominated in the global food service packaging market due to increasing environmental concerns regarding harmful effects of packaging wastes.

Due to the ever-growing number of consumers eating off-the-shelf packaged food, Europe is projected to continue its supremacy in the global food service packaging market. Asia Pacific is expected to show a high CAGR because of the dynamic shift in the consumption pattern of consumers owing to changing lifestyles in this region.

Some of the key players in the global food service packaging market are Golden Box Ltd., Huhtamaki OYJ, Genpak LLC, D&W Fine Pack, Linpac Packaging, Gold Plast SPA, Pactiv LLC, Smurfit Kappa Group, Stanpac Inc. and WestRock Company. Some players are engaged in new developing different packaging techniques to increase the shelf life of the product.