The Foodservice Disposables Market is being driven by Growth of food delivery and takeaway markets
The Foodservice Disposables Market is expected to grow at a CAGR of 4.78% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 10.65 billion. The foodservice disposables industry has witnessed a significant shift towards online ordering and delivery services in recent years. This trend has gained momentum due to the increasing popularity of food delivery platforms like Uber Eats, Grubhub, and DoorDash. Convenience is a major driving factor, enabling customers to place orders from the comfort of their homes or workplaces, while streamlining processes for restaurants, reducing the need for staff, and enhancing operational efficiency. The COVID-19 pandemic has further accelerated this trend, as more consumers opt for contactless delivery options to minimize in-person interactions.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
175 |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4.78% |
Market growth 2024-2028 |
USD 10.65 billion |
Market structure |
fragmentation |
YoY growth 2023-2024(%) |
4.33 |
Key countries |
US, Canada, China, UK, and Germany |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Foodservice Disposables Market encompasses various aspects, including packaging materials, container sealing, printing techniques, and label application. Product labeling is crucial for distribution channels, ensuring supply chain efficiency and inventory management. Waste reduction strategies, cost optimization, and quality control are key focus areas. Material science and polymer technology drive innovation in barrier properties, such as oxygen and moisture resistance, grease resistance, and temperature resistance. Sustainable solutions, like biopolymer blends, cellulose fibers, and renewable resources, align with the circular economy model, reducing environmental impact and carbon footprint.
In the Foodservice Disposables Market, key product categories include disposable tableware, foodservice packaging, single-use cutlery, biodegradable containers, and compostable plates. The market is characterized by a fragmented supply chain, with various layers involving raw material procurement from suppliers of metal, glass, and plastic container raw materials, such as borosilicate, neutral glass, soda-lime-silica glass, treated soda-lime glass, de-alkalized soda-lime glass, high-density polyethylene (HDPE), low-density polyethylene (LDPE), polyethylene terephthalate (PET), polypropylene (PP), and polyvinyl chloride (PVC). The R&D process leads to the manufacturing of these products on a large scale to cater to market demands, followed by distribution through multiple channels to end-users.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
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