Food Service Packaging Market Trends Analysis Forecast to 2019-2024 |Evolving Industry Overview by Types, Applications, Size & Share
This “Food Service Packaging Market” report 2019 delivers an in-depth impression, describing the Product/Industry Scope and expands market insights and forecasts to 2024. It shows market data by industry drivers, restraints and opportunities, also analyzes the market status, industry share, size, future trends and growth rate of the market. Food Service Packaging market report is categorized based on application, end-user, technology, the types of product/service, and others, as well as regions. Additionally, the report comprehends the calculated expected CAGR of the Food Service Packaging market derivative from previous records about the Food Service Packaging market and current market trends organized with future developments.
Market Overview:
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Food Service Packaging market research report provides a definite industry standpoint, upcoming trends, and dynamics for market growth rate, market size, and key players of the industry with a forecast period of 2024.
Major Key Players of Food Service Packaging Market:
Key Market Trends:
Plastic Containers to Account for a Significant Market Share
– Demand for plastic packaging is growing at a rapid rate, because it is lightweight, microwaveable, and is available in various design options.
– These products are gaining preference over glass bottles, jars, containers, and metal containers, owing to their multiple benefits.
– Moreover, the recent trend and changing consumer preference for intelligent packaging solutions that can improve safety and convenience, extend product life shelf and monitor freshness, have also contributed to the growing demand for a single-sized plastic container.
– Sustainable packaging is the need of the hour and with many new innovations like biodegradable plastic, bioplastic, that can mitigate environmental risk, the plastic market slowly gaining a little bit of traction.
– Consumers will have increased value for recyclability and perceived greenness of packagingat the same time, demand for proof of sustainability claims will grow exponentially.
– Moreover, the market size of sustainable packaging along with incremental usage of paper, wood, glass, cotton, & others packaging material as sustainable packaging materials are changing the consumers buying habit that makes the environment eco – friendly.
Asia-Pacific Accounts for the Largest Market Demand
– Owing to the presence of densely populated and emerging economies such as Southeast Asian countries, China, and India, Asia-Pacific is expected to grow at the highest CAGR.
– China accounts for the most significant share in the market, ahead of the United States, owing to its comparatively higher food and beverage consumption. The presence of a more dense population and a similar rise in the consumption of fast food is augmenting the growth of the market.
– Moreover, in Australia, people spend nearly 32% of their household food budget on eating out and fast food, and the average fast food meal contains almost half of an adult’s recommended daily energy intake. Subway, KFC, Hungry Jacks, Dominos, Pizza Hut are some of the prominent QRSs in the country that is witnessing a rapid rise in their businesses.
– Major Indian City’s, with urbanization and change in lifestyle, coping with fast-paced work life and dependence on online food platform for burning out their hunger are rapidly changing the dynamics of the foodservice industry.
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Scope of the Report:
Key Questions Answered in This Report:
- What will be the market size?
- What are the new opportunities?
- What is the market share?
- What is the targeted audience?
- Which are the top players in the market?
- How the competition goes in the market?
- Which are the leading countries?
- What are the challenges in the future?
What Food Service Packaging Market Research Report Offers:
- Food Service Packaging Market size, share assessments for the regional and country-level segments.
- market Trends, Drivers, Constraints, Growth Opportunities, Threats, Challenges, Investment Opportunities, and recommendations.
- Food Service Packaging Market forecasts for 5 years along with historical data of all the mentioned segments, sub-segments, and the regional markets.
- Competitive landscaping mapping the key trends.
- Major company profiling with their detailed strategies, financials, and recent developments.
- Strategic recommendations for the new companies and start-ups.
- Supply chain trends mapping the latest technological advancements.
- Strategic recommendations in business segments based on market estimations.
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Detailed TOC of Food Service Packaging Market 2019-2024:
1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Industry Value Chain Analysis
4.3 Introduction to Market Drivers and Restraints
4.4 Industry Attractiveness – Porter’s Five Force Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
4.5 Market Drivers
4.5.1 Rising Demand for Fast Food Centers, Coupled with the Rise in the Number of Quick-Service Restaurants
4.6 Market Restraints
4.6.1 Stringent Government Regulations, Along with Detrimental Effects of Packaging on Food
5 MARKET SEGMENTATION
5.1 By Product Type
5.1.1 Corrugated Boxes
5.1.2 Glass Bottles
5.1.3 Bags and Wraps
5.1.4 Plastic Containers
5.1.5 Other Products
5.2 By Application
5.2.1 Fruits and Vegetables
5.2.2 Meat, Poultry and Seafood
5.2.3 Beverages
5.2.4 Processed Food
5.2.5 Other Applications
5.3 Geography
5.3.1 North America
5.3.1.1 United States
5.3.1.2 Canada
5.3.2 Europe
5.3.2.1 United Kingdom
5.3.2.2 Germany
5.3.2.3 France
5.3.2.4 Rest of Europe
5.3.3 Asia-Pacific
5.3.3.1 China
5.3.3.2 India
5.3.3.3 Japan
5.3.3.4 Rest of Asia-Pacific
5.3.4 Latin America
5.3.4.1 Brazil
5.3.4.2 Mexico
5.3.4.3 Rest of Latin America
5.3.5 Middle East & Africa
5.3.5.1 UAE
5.3.5.2 Saudi Arabia
5.3.5.3 South Africa
5.3.5.4 Rest of Middle East & Africa
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Amcor Limited
6.1.2 Sealed Air Corporation
6.1.3 International Paper Company
6.1.4 Berry Global, Inc.
6.1.5 Bemis Company Inc.
6.1.6 Sonoco Products Company
6.1.7 Huhtamäki Oyj
6.1.8 Graphic Packaging
6.1.9 WestRock Company
7 INVESTMENT ANALYSIS
8 MARKET OPPORTUNITIES AND FUTURE TRENDS
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