Latest News- Foodservice Disposables Market: Rigid is expected to lead the Type segment during 2024-2028

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 market has witnessed a significant shift towards online ordering and delivery services in recent years. This trend has been fueled by the increasing popularity of food delivery platforms like Uber Eats, Grubhub, and DoorDash. The convenience offered to both restaurants and customers is a major driving factor, enabling consumers to place orders from their homes or workplaces, while streamlining processes for restaurants, reducing labor requirements, and enhancing operational efficiency. The COVID-19 pandemic has further accelerated this trend, necessitating social distancing measures and limiting in-person dining options. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Type
  • Rigid
  • Flexible
• Material
  • Plastic
  • Paper
  • Aluminum
  • Others
• Geography
  • North America
    • US
    • Canada
  • Europe
    • Germany
    • UK
  • APAC
    • China
  • South America
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Growth of food delivery and takeaway markets
• Expansion of end-users
• Growth in foodservice industry

However, the market also witnesses some limitations, which are as follows:

• Increasing focus on use of reusable service ware and packaging
• Concerns related to non-recyclable waste of foodservice disposables
• Change in consumer preferences

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Market Scope in Foodservice Disposables Market Research Report

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Research Analysis Overview

The Foodservice Disposables Market is witnessing significant growth due to the increasing demand for ready-to-eat products in various geographical regions. Consumers prefer ordering meals from meal delivery facilities and online channels for convenience and hygiene reasons. The disposable industry is experiencing a permanent presence in the foodservice sector, especially in struggling restaurants and the online delivery sector. Rapid urbanization and changing lifestyles have led to an increase in demand for disposable facility demand. Mobile restaurants and minivans are also contributing to the growth of the foodservice disposables market, with online delivery applications becoming increasingly popular. Hygienic containers, mugs & saucers, bowls & tubs, and plates & containers are the most commonly used disposable types, with rigid packaging being the preferred choice for many foodservice operators. Quick-Service Restaurants (QSRs) and the online delivery sector, including Uber Eats and others, are major contributors to the foodservice disposables market. Non-disposable containers are also used but are gradually losing market share due to the convenience and cost-effectiveness of disposable containers. The foodservice disposables market is expected to continue growing as consumers' preferences shift towards convenience and hygiene.

Market Research Overview

The Foodservice Disposables Market encompasses a fragmented landscape, with numerous stakeholders at various stages of the value chain. This includes raw material suppliers, metal container manufacturers using steel, aluminum, and tin, glass container producers utilizing borosilicate, neutral glass, soda-lime-silica glass, treated soda-lime glass, de-alkalized soda-lime glass, and regular soda-lime glass, and plastic container manufacturers specializing in high-density polyethylene (HDPE), low-density polyethylene (LDPE), polyethylene terephthalate (PET), polypropylene (PP), and polyvinyl chloride (PVC). The process begins with raw material procurement, followed by research and development to create the desired product, large-scale manufacturing to meet market demands, and distribution through various 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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