Food Service Packaging Market
PUBLISHED: 2022 ID: SMRC21633
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Food Service Packaging Market

Food Service Packaging Market Forecasts to 2028 – Global Analysis By Packaging Type (Pouches, Bags), Product Type (Cups, Cutlery, Straws), Application, and By Geography

4.2 (74 reviews)
4.2 (74 reviews)
Published: 2022 ID: SMRC21633

This report covers the impact of COVID-19 on this global market
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Years Covered

2020-2028

Estimated Year Value (2021)

US $85.16 BN

Projected Year Value (2028)

US $138.55 BN

CAGR (2021 - 2028)

7.2%

Regions Covered

North America, Europe, Asia Pacific, South America, and Middle East & Africa

Countries Covered

US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa

Largest Market

North America

Highest Growing Market

Asia Pacific


According to Stratistics MRC, the Global Food Service Packaging Market is accounted for $85.16 billion in 2021 and is expected to reach $138.55 billion by 2028 growing at a CAGR of 7.2% during the forecast period. Food service packaging includes products utilized for the service or packaging of prepared foods and beverages in eat-in, takeaway food service establishments, and home delivery. Food service packaging solutions will expand the shelf life of the packaged food items and keep them fresh and safe. These products safeguard the food products from contamination caused by microorganisms, air, and moisture. 

Convenience features such as easy opening, portability, and single-use packaging drive food packaging innovation for processed foods. The Global Food Packaging Market is likely to reach $565.83 billion by 2027. According to a survey of American Adults by Consumer Action, in July 2019, 34% of adults know most recyclable food packaging materials as cardboard, followed by plastic 26%, glass 21%, and metal 8%. Increasing awareness regarding consuming fresh food is influencing consumers to opt for packaged products with a longer shelf life.



Market Dynamics:

Driver:

Increasing focus on proper food packaging

People are interested more in the utilization of processed and prepared packaged foods. The popularity of such packaged foods is increasing the market demand. The food service packaging prevents any kind of contamination like light, dust, and moisture and also protects it from becoming dry. With expanding product shelf life and reduction of food spoilage beneficial features, the market demand is going to reach greater heights. The market outlook represents that the market growth is exhilarating rapidly because of the increasing food service sector.

Restraint:

Issues in food safety

Food safety is vitally concerning since any mistreatment, infection, or recorded food-borne sickness is ensured to be a principal Public Relations (PR) nightmare. Experts should continuously be careful with food trends to productively lead food entrepreneurs in carrying out safety strategies and safeguarding their brand. Those responsible for regulation must vigilantly track food crazes and trends and alterations in consumer behavior to be able to anticipate the requirement to review and update the food code to guarantee public health and security. Issues in food safety are thus restraining the growth of the market.

Opportunity:

Packaging innovation in the food industry

Packaging plays a significant role in preserving food quality and ensuring food safety for the shelf-life duration. Plastic packages are very useful in achieving innovative product solutions. Among different plastic packaging sorts, plastic cling film is a highly utilized plastic packaging. The shift towards eco-friendly packages and high-level advancements in cling film packaging is shaping the market. These packaging solutions assist in increasing market availability, inventory control, consumer education, improving shelf life, and even ensuring the safety and quality of the food product. Nanotechnology is a newly developing technology that can limit spoilage, increase food shelf life, repair the tears in packaging, ensure food safety, reduce the food shortage problem, and improve consumer health.

Threat:

 Fluctuating prices of raw materials

Appearances on the lookout, weather conditions, export demand, and varietal differences among commercial centers all have an impact on price changes. When these factors were active, raw material prices exhibited volatility, which impacted by-products, which in turn influenced the growth of the fresh food packaging market. Most of the food container is made up of 100% recyclable polypropylene and this material is produced from the remaining misuse of fossil fuel as prices of fossil fuel get hike increasing the price of plastic packaging. Such increasing price over time is slowing down and acting as a threat to the growth of the fresh food packaging market.

The beverages segment is expected to be the largest during the forecast period

The beverages segment is estimated to have a lucrative growth as beverages include different types of drinks, based on their constituents and their compositions. Many organizations are aiming at utilizing innovative packaging materials, developed from degradable and recyclable materials to achieve sustainability. The expectations for quality & hygiene and growth in health awareness are driving the food service packaging market growth in the beverages sector.

The full service restaurants segment is expected to have the highest CAGR during the forecast period

The full-service restaurants segment is anticipated to witness the fastest CAGR growth during the forecast period due to the onset of digital dining trends. This has forced foodservice operators to deploy contemporary equipment including kitchen equipment to make the preparation method faster and limit delivery uptime. The consequent shift in the dine-out culture for formal events and informal gatherings in the course of travel and tourism activities is further propelling the growth of this segment.

Region with highest share:

North America is projected to hold the largest market share during the forecast period due to the increase in the utilization of packaged foods, the presence of well-established brands utilizing advanced kitchen equipment in the region, and the availability of eco-friendly packaging like biodegradable packaging and sustainable packaging solutions preferred by consumers to safeguard the environment. The soaring government initiatives leveraging the tourism sector in conjunction with immigration in the nation and the existence of key players.

Region with highest CAGR:

Asia Pacific is projected to have the highest CAGR over the forecast period owing to the world's population living in this region and the increasing demand for fresh food and food products, growing urbanization of the developing countries, and the increasing adoption of takeaway facilities and changing consumer preferences. The high demand for food service packaging products from full-service restaurants, cafes, etc., is mainly driving the food service packaging market in the Asia Pacific.



Key players in the market

Some of the key players profiled in the Food Service Packaging Market include Cambay Technopack Private Limited, WestRock Company, Ampac Packaging LLC, Rock-Tenn Company, Letica Corporation, Huhtamaki Global, Greif Incorporated, Bemis Company Incorporated, Crown Holdings Incorporated, BWAY Corporation, Genpak, LLC, Ball Corporation, AR Packaging, Graphic Packaging International, LLC, Amcor Limited, Vegware Ltd and Mondi Group.    

Key Developments:

In April 2020, Mondi Group partnered with Reckitt Benckiser Group to launch a fully recyclable, mono-material flexible plastic packaging portfolio for the premium line of its Finish® dishwasher tablets Quantum Ultimate. This product line had previously used a multilayer, PET/PE laminate pouch construction that was not recyclable. With RB’s commitment that 100% of its plastic packaging must be reusable or recyclable by 2025 that had to change.

In May 2019, Sealed Air Corporation announced that it has signed a definitive agreement to acquire Automated Packaging Systems, Inc. (APS), a leading manufacturer of high-reliability, automated bagging systems. This acquisition expands the breadth of the automated solutions and sustainable packaging offerings, giving access to growth opportunities in the markets they serve.
 
Packaging Types Covered:
• Pouches
• Rigid Packaging
• Paper & Paperboard Packaging
• Flexible Packaging
• Bags
 
Product Types Covered:
• Wraps
• Two Piece Containers (Separate Lid Containers)
• Corrugated Boxes and Cartons
• Stirrers
• Pizza Box
• Single Serve Portion Packs
• Plastic Bottles
• Cups
• Lids for Cups
• Foil
• Cutlery
• Straws
• Clamshell Containers (Hinge Lid Containers)
• Trays, Plates, Food Containers, and Bowls
 
Materials Covered:
• Wooden
• Molded Fibers
• Clay Coated Cardboard
• Plastic
• Metal
• Aluminum
 
Fabrication Processes Covered:
• Thermoforming
• Injection Molding
• Die Cutting
 
Applications Covered:
• Bakery and Confectionery
• Prepared Meals
• Fruits And Vegetables
• Dairy Products
• Beverages
• Bread and Sweets
• Meat & Poultry
 
End Users Covered:
• Online Delivery Portals
• Institutional Foodservice Facilities
• Foodservice Outlets
• Quick Service Restaurant
• Full Service Restaurants
• Hospitality

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

 

Table of Contents

1 Executive Summary              
                
2 Preface               
 2.1 Abstract              
 2.2 Stake Holders             
 2.3 Research Scope              
 2.4 Research Methodology            
  2.4.1 Data Mining            
  2.4.2 Data Analysis            
  2.4.3 Data Validation            
  2.4.4 Research Approach            
 2.5 Research Sources             
  2.5.1 Primary Research Sources           
  2.5.2 Secondary Research Sources           
  2.5.3 Assumptions            
                
3 Market Trend Analysis             
 3.1 Introduction             
 3.2 Drivers              
 3.3 Restraints             
 3.4 Opportunities             
 3.5 Threats              
 3.6 Product Analysis             
 3.7 Application Analysis            
 3.8 End User Analysis             
 3.9 Emerging Markets             
 3.10 Impact of Covid-19             
                 
4 Porters Five Force Analysis             
 4.1 Bargaining power of suppliers            
 4.2 Bargaining power of buyers            
 4.3 Threat of substitutes            
 4.4 Threat of new entrants            
 4.5 Competitive rivalry              
                
5 Global Food Service Packaging Market, By Packaging Type           
 5.1 Introduction             
 5.2 Pouches              
 5.3 Rigid Packaging             
 5.4 Paper & Paperboard Packaging           
 5.5 Flexible Packaging              
 5.6 Bags              
                
6 Global Food Service Packaging Market, By Product Type          
 6.1 Introduction             
 6.2 Wraps              
 6.3 Two Piece Containers (Separate Lid Containers)          
 6.4 Corrugated Boxes and Cartons            
 6.5 Stirrers              
 6.6 Pizza Box              
 6.7 Single Serve Portion Packs            
 6.8 Plastic Bottles             
 6.9 Cups              
 6.10 Lids for Cups             
 6.11 Foil               
 6.12 Cutlery              
 6.13 Straws              
 6.14 Clamshell Containers (Hinge Lid Containers)          
 6.15 Trays, Plates, Food Containers, and Bowls          
                
7 Global Food Service Packaging Market, By Material            
 7.1 Introduction             
 7.2 Wooden              
 7.3 Molded Fibers             
 7.4 Clay Coated Cardboard            
 7.5 Plastic              
  7.5.1 Polyethylene            
   7.5.1.1 Low Density Polyethylene (LDPE)         
   7.5.1.2 High Density Polyethylene (HDPE)         
   Polystyrene (PS)            
  7.5.2 Polypropylene (PP)            
  7.5.3 Ethylene Vinyl Alcohol           
  7.5.4 Polyethylene Terephthalate           
  7.5.5 Polyamide            
 7.6 Metal              
 7.7 Aluminum             
                
8 Global Food Service Packaging Market, By Fabrication Process          
 8.1 Introduction             
 8.2 Thermoforming             
 8.3 Injection Molding             
 8.4 Die Cutting              
                
9 Global Food Service Packaging Market, By Application          
 9.1 Introduction             
 9.2 Bakery and Confectionery            
 9.3 Prepared Meals             
 9.4 Fruits And Vegetables            
 9.5 Dairy Products             
 9.6 Beverages             
  9.6.1 Ready to Drink Beverages           
  9.6.2 Non-Alcoholic Beverages           
  9.6.3 Alcoholic Beverages           
 9.7 Bread and Sweets             
 9.8 Meat & Poultry             
                 
10 Global Food Service Packaging Market, By End User           
 10.1 Introduction             
 10.2 Online Delivery Portals            
 10.3 Institutional Foodservice Facilities           
 10.4 Foodservice Outlets            
 10.5 Quick Service Restaurant            
 10.6 Full Service Restaurants            
 10.7 Hospitality              
  10.7.1 On-the-Go Breakfast           
  10.7.2 Dine-Ins             
  10.7.3 Coffee & Snack            
                
11 Global Food Service Packaging Market, By Geography          
 11.1 Introduction             
 11.2 North America             
  11.2.1 US             
  11.2.2 Canada             
  11.2.3 Mexico             
 11.3 Europe              
  11.3.1 Germany              
  11.3.2 UK             
  11.3.3 Italy             
  11.3.4 France             
  11.3.5 Spain             
  11.3.6 Rest of Europe            
 11.4 Asia Pacific             
  11.4.1 Japan             
  11.4.2 China             
  11.4.3 India             
  11.4.4 Australia             
  11.4.5 New Zealand            
  11.4.6 South Korea            
  11.4.7 Rest of Asia Pacific            
 11.5 South America             
  11.5.1 Argentina            
  11.5.2 Brazil              
  11.5.3 Chile             
  11.5.4 Rest of South America           
 11.6 Middle East & Africa            
  11.6.1 Saudi Arabia            
  11.6.2 UAE             
  11.6.3 Qatar             
  11.6.4 South Africa            
  11.6.5 Rest of Middle East & Africa           
                
12 Key Developments              
 12.1 Agreements, Partnerships, Collaborations and Joint Ventures         
 12.2 Acquisitions & Mergers            
 12.3 New Product Launch            
 12.4 Expansions             
 12.5 Other Key Strategies            
                
13 Company Profiling              
 13.1 Cambay Technopack Private Limited           
 13.2 WestRock Company             
 13.3 Ampac Packaging LLC            
 13.4 Rock-Tenn Company            
 13.5 Letica Corporation             
 13.6 Huhtamaki Global             
 13.7 Greif Incorporated              
 13.8 Bemis Company Incorporated            
 13.9 Crown Holdings Incorporated            
 13.10 BWAY Corporation              
 13.11 Genpak, LLC             
 13.12 Ball Corporation              
 13.13 AR Packaging             
 13.14 Graphic Packaging International, LLC           
 13.15 Amcor Limited              
 13.16 Vegware Ltd             
 13.17 Mondi Group             
                
List of Tables               
1 Global Food Service Packaging Market Outlook, By Region (2020-2028) ($MN)        
2 Global Food Service Packaging Market Outlook, By Packaging Type (2020-2028) ($MN)       
3 Global Food Service Packaging Market Outlook, By Pouches (2020-2028) ($MN)        
4 Global Food Service Packaging Market Outlook, By Rigid Packaging (2020-2028) ($MN)       
5 Global Food Service Packaging Market Outlook, By Paper & Paperboard Packaging (2020-2028) ($MN)      
6 Global Food Service Packaging Market Outlook, By Flexible Packaging (2020-2028) ($MN)       
7 Global Food Service Packaging Market Outlook, By Bags (2020-2028) ($MN)        
8 Global Food Service Packaging Market Outlook, By Product Type (2020-2028) ($MN)       
9 Global Food Service Packaging Market Outlook, By Wraps (2020-2028) ($MN)        
10 Global Food Service Packaging Market Outlook, By Two Piece Containers (Separate Lid Containers) (2020-2028) ($MN)    
11 Global Food Service Packaging Market Outlook, By Corrugated Boxes and Cartons (2020-2028) ($MN)      
12 Global Food Service Packaging Market Outlook, By Stirrers (2020-2028) ($MN)        
13 Global Food Service Packaging Market Outlook, By Pizza Box (2020-2028) ($MN)        
14 Global Food Service Packaging Market Outlook, By Single Serve Portion Packs (2020-2028) ($MN)      
15 Global Food Service Packaging Market Outlook, By Plastic Bottles (2020-2028) ($MN)       
16 Global Food Service Packaging Market Outlook, By Cups (2020-2028) ($MN)        
17 Global Food Service Packaging Market Outlook, By Lids for Cups (2020-2028) ($MN)        
18 Global Food Service Packaging Market Outlook, By Foil (2020-2028) ($MN)        
19 Global Food Service Packaging Market Outlook, By Cutlery (2020-2028) ($MN)        
20 Global Food Service Packaging Market Outlook, By Straws (2020-2028) ($MN)        
21 Global Food Service Packaging Market Outlook, By Clamshell Containers (Hinge Lid Containers) (2020-2028) ($MN)     
22 Global Food Service Packaging Market Outlook, By Trays, Plates, Food Containers, and Bowls (2020-2028) ($MN)     
23 Global Food Service Packaging Market Outlook, By Material (2020-2028) ($MN)        
24 Global Food Service Packaging Market Outlook, By Wooden (2020-2028) ($MN)        
25 Global Food Service Packaging Market Outlook, By Molded Fibers (2020-2028) ($MN)       
26 Global Food Service Packaging Market Outlook, By Clay Coated Cardboard (2020-2028) ($MN)       
27 Global Food Service Packaging Market Outlook, By Plastic (2020-2028) ($MN)        
28 Global Food Service Packaging Market Outlook, By Polyethylene (2020-2028) ($MN)       
29 Global Food Service Packaging Market Outlook, By Polystyrene (PS) (2020-2028) ($MN)       
30 Global Food Service Packaging Market Outlook, By Polypropylene (PP) (2020-2028) ($MN)       
31 Global Food Service Packaging Market Outlook, By Ethylene Vinyl Alcohol (2020-2028) ($MN)       
32 Global Food Service Packaging Market Outlook, By Polyethylene Terephthalate (2020-2028) ($MN)      
33 Global Food Service Packaging Market Outlook, By Polyamide (2020-2028) ($MN)        
34 Global Food Service Packaging Market Outlook, By Metal (2020-2028) ($MN)        
35 Global Food Service Packaging Market Outlook, By Aluminum (2020-2028) ($MN)        
36 Global Food Service Packaging Market Outlook, By Fabrication Process (2020-2028) ($MN)       
37 Global Food Service Packaging Market Outlook, By Thermoforming (2020-2028) ($MN)       
38 Global Food Service Packaging Market Outlook, By Injection Molding (2020-2028) ($MN)       
39 Global Food Service Packaging Market Outlook, By Die Cutting (2020-2028) ($MN)        
40 Global Food Service Packaging Market Outlook, By Application (2020-2028) ($MN)        
41 Global Food Service Packaging Market Outlook, By Bakery and Confectionery (2020-2028) ($MN)      
42 Global Food Service Packaging Market Outlook, By Prepared Meals (2020-2028) ($MN)       
43 Global Food Service Packaging Market Outlook, By Fruits And Vegetables (2020-2028) ($MN)       
44 Global Food Service Packaging Market Outlook, By Dairy Products (2020-2028) ($MN)       
45 Global Food Service Packaging Market Outlook, By Beverages (2020-2028) ($MN)        
46 Global Food Service Packaging Market Outlook, By Ready to Drink Beverages (2020-2028) ($MN)      
47 Global Food Service Packaging Market Outlook, By Non-Alcoholic Beverages (2020-2028) ($MN)      
48 Global Food Service Packaging Market Outlook, By Alcoholic Beverages (2020-2028) ($MN)        
49 Global Food Service Packaging Market Outlook, By Bread and Sweets (2020-2028) ($MN)       
50 Global Food Service Packaging Market Outlook, By Meat & Poultry (2020-2028) ($MN)       
51 Global Food Service Packaging Market Outlook, By End User (2020-2028) ($MN)        
52 Global Food Service Packaging Market Outlook, By Online Delivery Portals (2020-2028) ($MN)       
53 Global Food Service Packaging Market Outlook, By Institutional Foodservice Facilities (2020-2028) ($MN)     
54 Global Food Service Packaging Market Outlook, By Foodservice Outlets (2020-2028) ($MN)       
55 Global Food Service Packaging Market Outlook, By Quick Service Restaurant (2020-2028) ($MN)      
56 Global Food Service Packaging Market Outlook, By Full Service Restaurants (2020-2028) ($MN)      
57 Global Food Service Packaging Market Outlook, By Hospitality (2020-2028) ($MN)        
58 Global Food Service Packaging Market Outlook, By On-the-Go Breakfast (2020-2028) ($MN)       
59 Global Food Service Packaging Market Outlook, By Dine-Ins (2020-2028) ($MN)        
60 Global Food Service Packaging Market Outlook, By Coffee & Snack (2020-2028) ($MN)       
                
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.  
                
                

 

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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