Food Service Packaging Market Size, Trends & Growth 2028
[Research Report] The food service packaging market was valued at US$ 86,372.08 million in 2021 and is projected to reach US$ 129,728.93 million by 2028; it is expected to grow at a CAGR of 5.4% from 2021 to 2028.
Food service packaging includes products used for the service or packaging of prepared foods and drinks in eat-in, takeaway food service establishments and home delivery. Food service packaging products include hot and cold beverage cups, plates, trays, bowls, bags (single service and takeaway), containers and lids, cutlery and utensils, ice cream cups, soup cups, and beverage carriers. These products protect the food products from contamination caused by microorganisms, air, and moisture.
In 2020, Asia Pacific held the largest revenue share of the global food service packaging market. High demand for food service packaging products from full service restaurants, cafes, etc., is mainly driving the food service packaging market in Asia Pacific. Online food ordering is increasing in the region due to the convenience offered by these platforms, which also creates a huge demand for different food service packaging products. China and India are among the major countries in Asia Pacific for the market. In India, the growing trend of eating out among the urban population is fueling the market growth in the country.
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Food Service Packaging Market: Strategic Insights
Market Size Value in US$ 86,372.08 Million in 2021 Market Size Value by US$ 129,728.93 Million by 2028 Growth rate CAGR of 5.4% from 2021 to 2028 Forecast Period 2021-2028 Base Year 2021
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Food Service Packaging Market: Strategic Insights
| Market Size Value in | US$ 86,372.08 Million in 2021 |
| Market Size Value by | US$ 129,728.93 Million by 2028 |
| Growth rate | CAGR of 5.4% from 2021 to 2028 |
| Forecast Period | 2021-2028 |
| Base Year | 2021 |
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Impact of COVID-19 Pandemic on Food Service Packaging Market
The COVID-19 pandemic affected economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. In 2020, various industries had to slow down their operations due to disruptions in value chains caused by the shutdown of national and international boundaries. The pandemic disturbed manufacturing processes due to restrictions imposed by government authorities in various countries. The rapid spread of COVID-19 posed unprecedented challenges to the food service industry. The closure of restaurants, bars, and clubs due to social distancing policies in various countries across the globe has negatively impacted the demand for food service packaging products.
However, the growing takeout and online food ordering has created opportunities for restaurants. The economies started reviving their operations in 2021. With the opening of restaurants, bars, clubs, and other food service outlets, the demand for different food service packaging products is further rising.
Market Insights
Proliferation in Production Capacity of Packaging Products
The rising consumer interest in consuming fresh products with an extended shelf-life and controlled quality is creating the demand for food packaging products. This factor helps food packaging manufacturers design and develop new and safe packaging. Further, the rising population puts extra pressure on food production sectors to adopt enhanced food packaging solutions to reduce food wastage. Hence, the current approach to improving the food industry aims to lower food damage and wastage by making important investments in developing novel and innovative technologies for food packaging.
Material Insights
Based on material, the global food service packaging market has been segmented into plastic, metal, and others. The plastic segment held the largest share in the global food service packaging market in 2020. Plastic packaging is a flexible form of packaging. It allows food service providers to customize shape, style, and size of the packaging as per their customers’ requirements. Plastic packaging is preferred in the food service industry as it is lightweight. These benefits of plastic packaging have attracted customers from the food service industry. Hence, the market for plastic foodservice packaging is witnessing a surge.
Application Insights
Based on application, the global market has been segmented into beverages, prepared meals, fruits and vegetables, bakery and confectionery, dairy products, and others
.
The prepared meals segment held the largest share in the global food service packaging market in 2020. Bio-based and biodegradable plastic and aluminum are used for the packaging of prepared meals.Tray sealing, thermoforming, stand-up pouches, retort packaging & pouches, self-heating tins, and stretch films are used, and they help customize the package presentation of the food.Graphic Packaging International, LLC; Amcor PLC; Cambay Technopack Private Limited; Huhtamaki Global; AR Packaging; WestRock Company; Genpak, LLC; Vegware Ltd; BeGreen Packaging; and Stora Enso are among the major players operating in the global food service packaging market. Players operating in the global food service packaging market are constantly focusing on strategies such as investments in research and development activities, new product launches, and mergers & acquisitions. Market players focus on providing high-quality products to fulfill customer demand.
Report Spotlights
- Progressive industry trends in the food service packaging market to help players develop effective long-term strategies
- Business growth strategies adopted by developed and developing markets
- Quantitative analysis of the food service packaging market from 2019 to 2028
- Estimation of global demand for food service packaging
- Porter’s Five Forces analysis to illustrate the efficacy of buyers and suppliers operating in the industry
- Recent developments to understand the competitive market scenario
- Market trends and outlook, as well as factors driving and restraining the growth of the food service packaging market
- Assistance in the decision-making process by highlighting market strategies that underpin commercial interest, leading to the market growth
- The size of the food service packaging market at various nodes
- Detailed overview and segmentation of the market, as well as the food service packaging industry dynamics
- Size of the food service packaging market in various regions with promising growth opportunities
Food Service Packaging Market Report Scope
Global Food Service Packaging Market
Material
- Plastic
- Metal
- Others
Packaging Type
- Flexible
- Rigid
Application
- Beverages
- Prepared Meals
- Fruits and Vegetables
- Bakery and Confectionery
- Dairy Products
- Others
Company Profiles
- Graphic Packaging International, LLC
- Amcor PLC
- Cambay Technopack Private Limited
- Huhtamaki Global
- AR Packaging
- WestRock Company
- Genpak, LLC
- Vegware Ltd
- BeGreen Packaging
- Stora Enso
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Material, Packaging Type, and Application
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
The global food service packaging market is highly competitive owing to the presence of several regional and global players. Players compete with each other based on product quality and prices.
In 2021, Asia Pacific held the largest share of the global food service packaging market. The food service packaging market in Asia Pacific is driven by rise in number of food chains in the region, rise in disposable income of individuals, a growing preference towards fast food services, etc. factors.
Some of the major players operating in the global food service packaging market include Graphic Packaging Holding Company; Amcor plc ; Huhtamaki; WestRock Company; Genpak, LLC; BeGreen Packaging; Stora Enso; Berry Global Inc.; Sealed Air; and Ball Corporation.
Asia Pacific is estimated to register the fastest CAGR in the global food service packaging market over the forecast period. Rapid infrastructure growth, including new airports and expressways in the region, has given scope to various food chains to set up their outlets, creating demand for the food service packaging in the region.
The plastic segment held the largest share of the global food service packaging market in 2021. Plastic packaging is preferred in the foodservice industry as it is light-weight. Furthermore, the plastic packaging products used in food packaging are easy to transport.
The global food service packaging market is primarily driven by proliferation in production capacity of packaging products and changing customer preferences for high-quality and standard products.
1. Introduction
1.1 Study Scope.
1.2 The Insight Partners Research Report Guidance.
1.3 Market Segmentation.
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study.
3.2 Research Methodology.
3.2.1 Data Collection.
3.2.2 Primary Interviews.
3.2.3 Hypothesis Formulation.
3.2.4 Macro-economic Factor Analysis.
3.2.5 Developing Base Number.
3.2.6 Data Triangulation.
3.2.7 Country Level Data.
4. Global Food Service Packaging Market Landscape
4.1 Market Overview.
4.2 Porter’s Five Forces Analysis.
4.2.1 Bargaining Power of Suppliers.
4.2.2 Bargaining Power of Buyers.
4.2.3 Threat of Substitutes.
4.2.4 Threat of New Entrants.
4.2.5 Intensity of Competitive Rivalry.
4.3 Ecosystem Analysis.
4.4 Expert Opinion.
5. Food Service Packaging Market – Key Market Dynamics
5.1 Market Drivers.
5.1.1 Proliferation in Production Capacity of Packaging Products.
5.1.2 Changing Customer Preferences for High-Quality and Standard Products.
5.2 Market Restraint
5.2.1 Complicated Nature of Supply Chain Business.
5.3 Market Opportunities.
5.3.1 Significant Market Attractiveness for Recycling, Reusable, and Eco-Friendly Materials.
5.4 Future Trends.
5.4.1 Advent of Smart and Intelligent Packaging Materials in Food Industry.
5.5 Impact Analysis of Drivers and Restraint
6. Food Service Packaging – Global Market Analysis
6.1 Food Service Packaging Market Overview.
6.2 Food Service Packaging Market –Revenue and Forecast to 2028.
6.3 Competitive Positioning – Key Market Players.
7. Food Service Packaging Market Analysis – By Material Overview
7.1 Food Service Packaging Market, By Material (2020 and 2028)
7.2 Plastic.
7.2.1 Overview..
7.2.2 Plastic: Food Service Packaging Market – Revenue and Forecast To 2028 (USD Million)
7.3 Metal
7.3.1 Overview..
7.3.2 Metal: Food Service Packaging Market – Revenue and Forecast To 2028 (USD Million)
7.5 Other Material
7.5.1 Overview..
7.5.2 Other Material: Food Service Packaging Market – Revenue and Forecast To 2028 (USD Million)
7.5.3 Other Material: Food Service Packaging Market – Revenue and Forecast To 2028 (USD Million)
8. Food Service Packaging Market Analysis – By Packaging Type
8.1 Overview.
8.2 Food Service Packaging Market, By Packaging Type (2020 and 2028)
8.3 Rigid.
8.3.1 Overview..
8.3.2 Rigid: Food Service Packaging Market – Revenue and Forecast To 2028 (USD Million)
8.4 Flexible.
8.4.1 Overview..
8.4.2 Flexible: Food Service Packaging Market – Revenue and Forecast To 2028 (USD Million)
9. Food Service Packaging Market Analysis – By Application
9.1 Overview.
9.2 Food Service Packaging Market, By Application (2020 and 2028)
9.3 Beverage.
9.3.1 Overview..
9.3.2 Beverage: Food Service Packaging Market – Revenue and Forecast To 2028 (USD Million)
9.4 Prepared Meals
9.4.1 Overview..
9.4.2 Prepared Meals : Food Service Packaging Market – Revenue and Forecast To 2028 (USD Million)
9.5 Fruits and Vegetables.
9.5.1 Overview..
9.5.2 Fruits and Vegetables: Food Service Packaging Market – Revenue and Forecast To 2028 (USD Million)
9.6 Bakery and Confectionery.
9.6.1 Overview..
9.6.2 Bakery and Confectionery: Food Service Packaging Market – Revenue and Forecast To 2028 (USD Million)
9.7 Dairy Products and Others.
9.7.1 Overview..
9.7.2 Dairy Products and Others: Food Service Packaging Market – Revenue and Forecast To 2028 (USD Million)
10. Food Service Packaging Market – Geographic Analysis
10.1 Overview.
10.2 North America: Food Service Packaging Market
10.2.1 North America: Food Service Packaging Market – Revenue and Forecast to 2028(US$ Million)
10.2.2 North America: Food Service Packaging Market, by Material
10.2.3 North America: Food Service Packaging Market, by Packaging Type.
10.2.4 North America: Food Service Packaging Market, by End-User.
10.2.5 North America: Food Service Packaging Market, by Key Country.
10.2.5.1 US: Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
10.2.5.1.1 US: Food Service Packaging Market, by Material
10.2.5.1.2 US: Food Service Packaging Market, by Packaging Type.
10.2.5.1.3 US: Food Service Packaging Market, by Application.
10.2.5.2 Canada: Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
10.2.5.2.1 Canada: Food Service Packaging Market, by Material
10.2.5.2.2 Canada: Food Service Packaging Market, by Packaging Type.
10.2.5.2.3 Canada: Food Service Packaging Market, by Application.
10.2.5.3 Mexico: Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
10.2.5.3.1 Mexico: Food Service Packaging Market, by Material
10.2.5.3.2 Mexico: Food Service Packaging Market, by Packaging Type.
10.2.5.3.3 Mexico: Food Service Packaging Market, by Application.
10.3 Europe: Food Service Packaging Market
10.3.1 Europe: Food Service Packaging Market – Revenue and Forecast to 2028(US$ Million)
10.3.2 Europe: Food Service Packaging Market, by Material
10.3.3 Europe: Food Service Packaging Market, by Packaging Type.
10.3.4 Europe: Food Service Packaging Market, by End-User.
10.3.5 Europe: Food Service Packaging Market, by Key Country.
10.3.5.1 Germany: Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
10.3.5.1.1 Germany: Food Service Packaging Market, by Material
10.3.5.1.2 Germany: Food Service Packaging Market, by Packaging Type.
10.3.5.1.3 Germany: Food Service Packaging Market, by Application.
10.3.5.2 France: Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
10.3.5.2.1 France: Food Service Packaging Market, by Material
10.3.5.2.2 France: Food Service Packaging Market, by Packaging Type.
10.3.5.2.3 France: Food Service Packaging Market, by Application.
10.3.5.3 Italy: Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
10.3.5.3.1 Italy: Food Service Packaging Market, by Material
10.3.5.3.2 Italy: Food Service Packaging Market, by Packaging Type.
10.3.5.3.3 Italy: Food Service Packaging Market, by Application.
10.3.5.4 UK: Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
10.3.5.4.1 UK: Food Service Packaging Market, by Material
10.3.5.4.2 UK: Food Service Packaging Market, by Packaging Type.
10.3.5.4.3 UK: Food Service Packaging Market, by Application.
10.3.5.5 Russia: Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
10.3.5.5.1 Russia: Food Service Packaging Market, by Material
10.3.5.5.2 Russia: Food Service Packaging Market, by Packaging Type.
10.3.5.5.3 Russia: Food Service Packaging Market, by Application.
10.3.5.6 Rest of Europe: Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
10.3.5.6.1 Rest of Europe: Food Service Packaging Market, by Material
10.3.5.6.2 Rest of Europe: Food Service Packaging Market, by Packaging Type.
10.3.5.6.3 Rest of Europe: Food Service Packaging Market, by Application.
10.4 Asia Pacific: Food Service Packaging Market
10.4.1 Asia Pacific: Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
10.4.2 Asia Pacific: Food Service Packaging Market, by Material
10.4.3 Asia Pacific: Food Service Packaging Market, by Packaging Type.
10.4.4 Asia Pacific: Food Service Packaging Market, by End-User.
10.4.5 Asia Pacific: Food Service Packaging Market, by Key Country.
10.4.5.1 Australia: Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
10.4.5.1.1 Australia: Food Service Packaging Market, by Material
10.4.5.1.2 Australia: Food Service Packaging Market, by Packaging Type.
10.4.5.1.3 Australia: Food Service Packaging Market, by End-User.
10.4.5.2 China: Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
10.4.5.2.1 China: Food Service Packaging Market, by Material
10.4.5.2.2 China: Food Service Packaging Market, by Packaging Type.
10.4.5.2.3 China: Food Service Packaging Market, by End-User.
10.4.5.3 India: Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
10.4.5.3.1 India: Food Service Packaging Market, by Material
10.4.5.3.2 India: Food Service Packaging Market, by Packaging Type.
10.4.5.3.3 India: Food Service Packaging Market, by End-User.
10.4.5.4 Japan: Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
10.4.5.4.1 Japan: Food Service Packaging Market, by Material
10.4.5.4.2 Japan: Food Service Packaging Market, by Packaging Type.
10.4.5.4.3 Japan: Food Service Packaging Market, by End-User.
10.4.5.5 South Korea: Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
10.4.5.5.1 South Korea: Food Service Packaging Market, by Material
10.4.5.5.2 South Korea: Food Service Packaging Market, by Packaging Type.
10.4.5.5.3 South Korea: Food Service Packaging Market, by End-User.
10.4.5.6 Rest of Asia Pacific: Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
10.4.5.6.1 Rest of Asia Pacific: Food Service Packaging Market, by Material
10.4.5.6.2 Rest of Asia Pacific: Food Service Packaging Market, by Packaging Type.
10.4.5.6.3 Rest of Asia Pacific: Food Service Packaging Market, by End-User.
10.5 Middle East and Africa: Food Service Packaging Market
10.5.1 Middle East and Africa: Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
10.5.2 Middle East and Africa: Food Service Packaging Market, by Material
10.5.3 Middle East and Africa: Food Service Packaging Market, by Packaging Type.
10.5.4 Middle East and Africa: Food Service Packaging Market, by End-User.
10.5.5 Middle East and Africa: Food Service Packaging Market, by Key Country.
10.5.5.2.1 Saudi Arabia : Food Service Packaging Market, by Material
10.5.5.2.2 Saudi Arabia: Food Service Packaging Market, by Packaging Type.
10.5.5.2.3 Saudi Arabia: Food Service Packaging Market, by End-User.
10.6 South America: Food Service Packaging Market
10.6.5 South America: Food Service Packaging Market, by Key Country.
10.6.5.1 Brazil: Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
10.6.5.1.1 Brazil: Food Service Packaging Market, by Material
10.6.5.1.2 Brazil: Food Service Packaging Market, by Packaging Type.
10.6.5.1.3 Brazil: Food Service Packaging Market, by End- User.
10.6.5.2 Argentina: Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
10.6.5.2.1 Argentina: Food Service Packaging Market, by Material
10.6.5.2.2 Argentina: Food Service Packaging Market, by Packaging Type.
10.6.5.2.3 Argentina: Food Service Packaging Market, by End-User.
10.6.5.3 Rest of South America: Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
10.6.5.3.1 Rest of South America: Food Service Packaging Market, by Material
10.6.5.3.2 Rest of South America: Food Service Packaging Market, by Packaging Type.
10.6.5.3.3 Rest of South America: Food Service Packaging Market, by End-User.
11. Overview- Impact of Coronavirus Outbreak
11.1 Impact of COVID-19 on Food Service Packaging Market
11.2 North America: Impact Assessment of COVID-19 Pandemic.
11.3 Europe: Impact Assessment of COVID-19 Pandemic.
11.4 Asia-Pacific: Impact Assessment of COVID-19 Pandemic.
11.5 Middle East & Africa: Impact Assessment of COVID-19 Pandemic.
11.6 South and Central America: Impact Assessment of COVID-19 Pandemic.
12. Company Profiles
12.1 Graphic Packaging Holding Company.
12.1.1 Key Facts.
12.1.2 Business Description.
12.1.3 Products and Services.
12.1.4 Financial Overview..
12.1.5 SWOT Analysis.
12.1.6 Key Developments.
12.2 Amcor plc.
12.2.1 Key Facts.
12.2.2 Business Description.
12.2.3 Products and Services.
12.2.4 Financial Overview..
12.2.5 SWOT Analysis.
12.2.6 Key Developments.
12.3 Huhtamaki
12.3.1 Key Facts.
12.3.2 Business Description.
12.3.3 Products and Services.
12.3.4 Financial Overview..
12.3.5 SWOT Analysis.
12.3.6 Key Developments.
12.4 WestRock Company.
12.4.1 Key Facts.
12.4.2 Business Description.
12.4.3 Products and Services.
12.4.4 Financial Overview..
12.4.5 SWOT Analysis.
12.4.6 Key Developments.
12.5 Genpak, LLC.
12.5.1 Key Facts.
12.5.2 Business Description.
12.5.3 Products and Services.
12.5.4 Financial Overview..
12.5.5 SWOT Analysis.
12.5.6 Key Developments.
12.6 BeGreen Packaging.
12.6.1 Key Facts.
12.6.2 Business Description.
12.6.3 Products and Services.
12.6.4 Financial Overview..
12.6.5 SWOT Analysis.
12.6.6 Key Developments.
12.7 Stora Enso.
12.7.1 Key Facts.
12.7.2 Business Description.
12.7.3 Products and Services.
12.7.4 Financial Overview..
12.7.5 SWOT Analysis.
12.7.6 Key Developments.
12.8 Berry Global Inc.
12.8.1 Key Facts.
12.8.2 Business Description.
12.8.3 Products and Services.
12.8.4 Financial Overview..
12.8.5 SWOT Analysis.
12.8.6 Key Developments.
12.9 Sealed Air
12.9.1 Key Facts.
12.9.2 Business Description.
12.9.3 Products and Services.
12.9.4 Financial Overview..
12.9.5 SWOT Analysis.
12.9.6 Key Developments.
12.10 Ball Corporation.
12.10.1 Key Facts.
12.10.2 Business Description.
12.10.3 Products and Services.
12.10.4 Financial Overview..
12.10.5 SWOT Analysis.
12.10.6 Key Developments.
13. Appendix
13.1 About The Insight Partners.
13.2 Word Index.
LIST OF TABLES
Table 1. Range of Estimates of Yearly Vaccine Production (Millions of Kg), 2017–2019.
Table 2. Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
Table 3. North America Food Service Packaging Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 4. North America Food Service Packaging Market, by Packaging Type – Revenue and Forecast to 2028 (US$ Million)
Table 5. North America Food Service Packaging Market, by End-User – Revenue and Forecast to 2028 (US$ Million)
Table 6. US Food Service Packaging Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 7. US Food Service Packaging Market, by Packaging Type – Revenue and Forecast to 2028 (US$ Million)
Table 8. US Food Service Packaging Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 9. Canada Food Service Packaging Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 10. Canada Food Service Packaging Market, by Packaging Type – Revenue and Forecast to 2028 (US$ Million)
Table 11. Canada Food Service Packaging Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 12. Mexico Food Service Packaging Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 13. Mexico Food Service Packaging Market, by Packaging Type – Revenue and Forecast to 2028 (US$ Million)
Table 14. Mexico Food Service Packaging Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 15. Europe Food Service Packaging Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 16. Europe Food Service Packaging Market, by Packaging Type – Revenue and Forecast to 2028 (US$ Million)
Table 17. Europe Food Service Packaging Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 18. Germany Food Service Packaging Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 19. Germany Food Service Packaging Market, by Packaging Type – Revenue and Forecast to 2028 (US$ Million)
Table 20. Germany Food Service Packaging Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 21. France Food Service Packaging Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 22. France Food Service Packaging Market, by Packaging Type – Revenue and Forecast to 2028 (US$ Million)
Table 23. France Food Service Packaging Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 24. Italy Food Service Packaging Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 25. Italy Food Service Packaging Market, by Packaging Type – Revenue and Forecast to 2028 (US$ Million)
Table 26. Italy Food Service Packaging Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 27. UK Food Service Packaging Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 28. UK Food Service Packaging Market, by Packaging Type – Revenue and Forecast to 2028 (US$ Million)
Table 29. UK Food Service Packaging Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 30. Russia Food Service Packaging Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 31. Russia Food Service Packaging Market, by Packaging Type – Revenue and Forecast to 2028 (US$ Million)
Table 32. Russia Food Service Packaging Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 33. Rest of Europe Food Service Packaging Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 34. Rest of Europe Food Service Packaging Market, by Packaging Type – Revenue and Forecast to 2028 (US$ Million)
Table 35. Rest of Europe Food Service Packaging Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 36. Asia Pacific Food Service Packaging Market, by Material – Revenue and Forecast to 2028 (USD Million)
Table 37. Asia Pacific Food Service Packaging Market, by Packaging Type– Revenue and Forecast to 2028 (USD Million)
Table 38. Asia Pacific Food Service Packaging Market, by End-User – Revenue and Forecast to 2028 (USD Million)
Table 39. Australia Food Service Packaging Market, by Material– Revenue and Forecast to 2028 (USD Million)
Table 40. Australia Food Service Packaging Market, by Packaging Type– Revenue and Forecast to 2028 (USD Million)
Table 41. Australia Food Service Packaging Market, by End-User – Revenue and Forecast to 2028 (USD Million)
Table 42. China Food Service Packaging Market, by Material– Revenue and Forecast to 2028 (USD Million)
Table 43. China Food Service Packaging Market, by Packaging Type– Revenue and Forecast to 2028 (USD Million)
Table 44. China Food Service Packaging Market, by End-User – Revenue and Forecast to 2028 (USD Million)
Table 45. India Food Service Packaging Market, by Material– Revenue and Forecast to 2028 (USD Million)
Table 46. India Food Service Packaging Market, by Packaging Type– Revenue and Forecast to 2028 (USD Million)
Table 47. India Food Service Packaging Market, by End-User – Revenue and Forecast to 2028 (USD Million)
Table 48. Japan Food Service Packaging Market, by Material– Revenue and Forecast to 2028 (USD Million)
Table 49. Japan Food Service Packaging Market, by Packaging Type– Revenue and Forecast to 2028 (USD Million)
Table 50. Japan Food Service Packaging Market, by End-User – Revenue and Forecast to 2028 (USD Million)
Table 51. South Korea Food Service Packaging Market, by Material– Revenue and Forecast to 2028 (USD Million)
Table 52. South Korea Food Service Packaging Market, by Packaging Type– Revenue and Forecast to 2028 (USD Million)
Table 53. South Korea Food Service Packaging Market, by End-User – Revenue and Forecast to 2028 (USD Million)
Table 54. Rest of Asia Pacific Food Service Packaging Market, by Material– Revenue and Forecast to 2028 (USD Million)
Table 55. Rest of Asia Pacific Food Service Packaging Market, by Packaging Type– Revenue and Forecast to 2028 (USD Million)
Table 56. Rest of Asia Pacific Food Service Packaging Market, by End-User – Revenue and Forecast to 2028 (USD Million)
Table 57. Middle East and Africa Food Service Packaging Market, by Material– Revenue and Forecast to 2028 (USD Million)
Table 58. Middle East and Africa Food Service Packaging Market, by Packaging Type – Revenue and Forecast to 2028 (USD Million)
Table 59. Middle East and Africa Food Service Packaging Market, by Packaging Type – Revenue and Forecast to 2028 (USD Million)
Table 60. South Africa Food Service Packaging Market, by Material– Revenue and Forecast to 2028 (USD Million)
Table 61. South Africa Food Service Packaging Market, by Packaging Type– Revenue and Forecast to 2028 (USD Million)
Table 62. South Africa Food Service Packaging Market, by End-User – Revenue and Forecast to 2028 (USD Million)
Table 63. Saudi Arabia Food Service Packaging Market, by Material– Revenue and Forecast to 2028 (USD Million)
Table 64. Saudi Arabia Food Service Packaging Market, by Packaging Type– Revenue and Forecast to 2028 (USD Million)
Table 65. Saudi Arabia Food Service Packaging Market, by End-User – Revenue and Forecast to 2028 (USD Million)
Table 66. UAE Food Service Packaging Market, by Material– Revenue and Forecast to 2028 (USD Million)
Table 67. UAE Food Service Packaging Market, by Packaging Type– Revenue and Forecast to 2028 (USD Million)
Table 68. UAE Food Service Packaging Market, by End-User – Revenue and Forecast to 2028 (USD Million)
Table 69. Rest of MEA Food Service Packaging Market, by Material– Revenue and Forecast to 2028 (USD Million)
Table 70. Rest of MEA Food Service Packaging Market, by Packaging Type– Revenue and Forecast to 2028 (USD Million)
Table 71. Rest of MEA Food Service Packaging Market, by End-User – Revenue and Forecast to 2028 (USD Million)
Table 72. South America Food Service Packaging Market, by Material– Revenue and Forecast to 2028 (USD Million)
Table 73. South America Food Service Packaging Market, by Packaging Type– Revenue and Forecast to 2028 (USD Million)
Table 74. South America Food Service Packaging Market, by End-User – Revenue and Forecast to 2028 (USD Million)
Table 75. Brazil Food Service Packaging Market, by Material– Revenue and Forecast to 2028 (USD Million)
Table 76. Brazil Food Service Packaging Market, by Packaging Type– Revenue and Forecast to 2028 (USD Million)
Table 77. Brazil Food Service Packaging Market, by End- User– Revenue and Forecast to 2028 (USD Million)
Table 78. Argentina Food Service Packaging Market, by Material– Revenue and Forecast to 2028 (USD Million)
Table 79. Argentina Food Service Packaging Market, by Packaging Type– Revenue and Forecast to 2028 (USD Million)
Table 80. Argentina Food Service Packaging Market, by End-User – Revenue and Forecast to 2028 (USD Million)
Table 81. Rest of South America Food Service Packaging Market, by Material– Revenue and Forecast to 2028 (USD Million)
Table 82. Rest of South America Food Service Packaging Market, by Packaging Type – Revenue and Forecast to 2028 (USD Million)
Table 83. Rest of South America Food Service Packaging Market, by End-User – Revenue and Forecast to 2028 (USD Million)
Table 84. List of Abbreviation.
LIST OF FIGURES
Figure 1. Global Food Service Packaging Market Segmentation.
Figure 2. Food Service Packaging Market Segmentation – By Geography.
Figure 3. Global Food Service Packaging Market Overview.
Figure 4. Food Service Packaging Market, By Packaging Type.
Figure 5. Food Service Packaging Market, By Geography.
Figure 6. Global Food Service Packaging Market, Industry Landscape.
Figure 7. Porter ‘s Five Forces Analysis for Food Service Packaging Market
Figure 8. Food Service Packaging Market – Ecosystem Analysis.
Figure 9. Expert Opinion.
Figure 10. Share of the Population Fully Vaccinated Against COVID-19.
Figure 11. Food Service Packaging Market Impact Analysis of Drivers and Restraints.
Figure 12. Geographic Overview of Food Service Packaging Market
Figure 13. Global: Food Service Packaging Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. Food Service Packaging Market Revenue Share, By Material (2020 and 2028)
Figure 15. Plastic: Food Service Packaging Market – Revenue and Forecast To 2028 (USD Million)
Figure 16. Metal: Food Service Packaging Market – Revenue and Forecast To 2028 (USD Million)
Figure 17. Corrugated Cardboard: Food Service Packaging Market – Revenue and Forecast To 2028 (USD Million)
Figure 18. Food Service Packaging Market Revenue Share, By Packaging Type (2020 and 2028)
Figure 19. Rigid: Food Service Packaging Market – Revenue and Forecast To 2028 (USD Million)
Figure 20. Flexible: Food Service Packaging Market – Revenue and Forecast To 2028 (USD Million)
Figure 21. Food Service Packaging Market Revenue Share, By Application (2020 and 2028)
Figure 22. Beverage: Food Service Packaging Market – Revenue and Forecast To 2028 (USD Million)
Figure 23. Prepared Meals : Food Service Packaging Market – Revenue and Forecast To 2028 (USD Million)
Figure 24. Fruits and Vegetables: Food Service Packaging Market – Revenue and Forecast To 2028 (USD Million)
Figure 25. Bakery and Confectionery: Food Service Packaging Market – Revenue and Forecast To 2028 (USD Million)
Figure 26. Dairy Products and Others: Food Service Packaging Market – Revenue and Forecast To 2028 (USD Million)
Figure 27. Global Food Service Packaging Market Revenue Share, by Region (2020 and 2028)
Figure 28. North America: Food Service Packaging Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. North America: Food Service Packaging Market Revenue Share, by Material (2020 and 2028)
Figure 30. North America: Food Service Packaging Market Revenue Share, by Packaging Type (2020 and 2028)
Figure 31. North America: Food Service Packaging Market Revenue Share, by End-User (2020 and 2028)
Figure 32. North America: Food Service Packaging Market Revenue Share, by Key Country (2020 and 2028)
Figure 33. US: Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
Figure 34. Canada: Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
Figure 35. Mexico: Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
Figure 36. Europe: Food Service Packaging Market – Revenue and Forecast to 2028 (US$ Million)
Figure 37. Europe: Food Service Packaging Market Revenue Share, by Material (2020 and 2028)
Figure 38. Europe: Food Service Packaging Market Revenue Share, by Packaging Type (2020 and 2028)
Figure 39. Europe: Food Service Packaging Market Revenue Share, by End-User (2020 and 2028)
Figure 40. Europe: Food Service Packaging Market Revenue Share, by Key Country (2020 and 2028)
Figure 41. Germany: Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
Figure 42. France: Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
Figure 43. Italy: Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
Figure 44. UK: Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
Figure 45. Russia: Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
Figure 46. Rest of Europe: Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
Figure 47. Asia Pacific: Food Service Packaging Market – Revenue and Forecast to 2028 (US$ Million)
Figure 48. Asia Pacific: Food Service Packaging Market Revenue Share, by Material(2020 and 2028)
Figure 49. Asia Pacific: Food Service Packaging Market Revenue Share, by Packaging Type (2020 and 2028)
Figure 50. Asia Pacific: Food Service Packaging Market Revenue Share, by End-User (2020 and 2028)
Figure 51. Asia Pacific: Food Service Packaging Market Revenue Share, by Key Country (2020 and 2028)
Figure 52. Australia: Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
Figure 53. China: Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
Figure 54. India: Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
Figure 55. Japan: Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
Figure 56. South Korea: Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
Figure 57. Rest of Asia Pacific: Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
Figure 58. Middle East and Africa: Food Service Packaging Market – Revenue and Forecast to 2028 (US$ Million)
Figure 59. Middle East and Africa: Food Service Packaging Market Revenue Share, by Material (2020 and 2028)
Figure 60. Middle East and Africa: Food Service Packaging Market Revenue Share, by Packaging Type (2020 and 2028)
Figure 61. Middle East and Africa: Food Service Packaging Market Revenue Share, by End-User (2020 and 2028)
Figure 62. Middle East and Africa: Food Service Packaging Market Revenue Share, by Key Country (2020 and 2028)
Figure 63. South Africa: Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
Figure 64. Saudi Arabia: Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
Figure 65. UAE : Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
Figure 66. Rest of MEA: Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
Figure 67. South America: Food Service Packaging Market – Revenue and Forecast to 2028 (US$ Million)
Figure 68. South America: Food Service Packaging Market Revenue Share, by Material(2020 and 2028)
Figure 69. South America: Food Service Packaging Market Revenue Share, by Packaging Type(2020 and 2028)
Figure 70. South America: Food Service Packaging Market Revenue Share, by End-User (2020 and 2028)
Figure 71. South America: Food Service Packaging Market Revenue Share, by Key Country (2020 and 2028)
Figure 72. Brazil: Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
Figure 73. Argentina: Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
Figure 74. Rest of South America: Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
Figure 75. Impact of COVID-19 Pandemic in North America.
Figure 76. Impact of COVID-19 Pandemic in Europe.
Figure 77. Impact of COVID-19 Pandemic in Asia-Pacific.
Figure 78. Impact of COVID-19 Pandemic in the Middle East & Africa.
Figure 79. Impact of COVID-19 Pandemic in South and Central America.
The List of Companies - Food Service Packaging Market
- Graphic Packaging Holding Company
- Amcor plc
- Huhtamaki
- WestRock Company
- Genpak, LLC
- BeGreen Packaging
- Stora Enso
- Berry Global Inc.
- Sealed Air
- Ball Corporation
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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