A recent report published by Infinium Global Research on foodservice disposables market provides an in-depth analysis of segments and sub-segments in global as well as regional foodservice disposables market. The study also highlights the impact of drivers, restraints and macro indicators on the global and regional foodservice disposables market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global foodservice disposables market. According to the report the global foodservice disposables market is projected to grow at a CAGR of 3.9% over the forecast period of 2018-2024.
Currently, rapidly changing trends in the packaged food industry and food delivery services using internet platforms are driving the growth of foodservice disposables market worldwide. In addition, rising demand for food disposables from different end users including quick-service restaurants, din in restaurants, non-alcoholic beverage stores, and retail stores is likely to boost the market growth over the forecast period. However, the high cost of raw materials and transportation are likely to restrain market growth. Moreover, increasing adoption of UV-cured inks used to print various custom designs is expected to create several opportunities for foodservice disposables market over the next few years.
The report on global foodservice disposables market covers segments such as product type, raw material, and end user. On the basis of product type, the global foodservice disposables market is categorized into bowls and tubs, cups & mugs, cutlery, plates, trays and containers, mugs and saucers and other products (napkins and foil wraps). On the basis of raw material, the global foodservice disposables market is categorized into paper & paperboard, plastics, and aluminum. On the basis of the end, user the global foodservice disposables market is categorized into café and bistro, clubs, bars & pubs, restaurants, institutions, and foodservice providers/caterers.
The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. In this section, the key trends and market size for each geography are provided over the period of 2016-2024. The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia, and among others. Moreover, Germany, U.K., France, Spain, and Rest of Europe are included in the European region. The U.S. drives the growth in the North America region as it is the largest market in the region. The Asia-Pacific region offers substantial potential for the market growth owing to rapid growth in markets such as India and China. The APAC region is projected to experience a growth at a CAGR of x.x% over the period of 2018-2024.
The report provides profiles of the companies in the global foodservice disposables market such as Anchor Packaging Inc., Berry Plastics Group, Inc., Dart Container Corporation, D&W Fine Pack LLC., DOpla S.p.A., Georgia-Pacific LLC., Gold Plast SpA., Huhtamäki Oyj., New WinCup Holdings, Inc. and Pactiv LLC.
The report provides deep insights on demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the global foodservice disposables market. Moreover, IGR-Growth Matrix analysis given in the report brings insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of foodservice disposables market. Moreover, the study highlights current market trends and provides forecast from 2018-2024. We also have highlighted future trends in the foodservice disposables market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings insight into the market share of the leading players. This report will help manufacturers, suppliers, and distributors of the foodservice disposables market to understand the present and future trends in this market and formulate their strategies accordingly.
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